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2023-11-21 01:59:18

SEC Charges Kraken Exchange for Unregistered Operations

The post SEC Charges Kraken Exchange for Unregistered Operations appeared first on Coinpedia Fintech News On November 20th, the U.S. Securities and Exchange Commission (SEC) announced charges against prominent U.S.-based cryptocurrency exchange Kraken. Since 2011, Kraken, encompassing Payward Inc. and Payward Ventures Inc., faces allegations of functioning as an unregistered broker, dealer, clearing agency, and securities exchange. Why is Kraken Alleged as Illegal? The SEC’s complaint highlights that Kraken has …

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