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Kraken to Pay $1.25M Fine After Settling Charges With CFTC

cryptocurrency 1 month ago
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Crypto exchange Kraken will pay $1.25 million to settle charges with the Commodity Futures Trading Commission (CFTC). It offered illegal margined digital asset transaction services and did not register as a futures commodity merchant (FCM) with the regulatory agency. CoinDesk's Nikhilesh De shares his insights, discussing the potential regulatory impact on other centralized exchanges and the wider U.S. digital asset industry. Plus, the latest on the digital dollar. #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
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