Kraken CEO Powell ‘Thanks’ New York AG For Its Crypto Research
Jesse Powell, CEO of Kraken, doesn’t like the way the New York State cryptocurrency regulators have treated him, but he doesn’t think their research is without its merits. After calling the regulators abusive in an earlier tweet today, he followed up by tweeting that the agency’s research in a recently released report has saved his
Source of shared Link
It is always interesting to see a new industry ease into regulation. I happen to agree with him, though, even if we all agree that some regulation must and will come, there is no need to kowtow to any one country's regulators who think the whole world is their domain.