Kraken Turns Tables on Canadian Regulators in Nine-Page Rebuttal

2019-5-18 21:50

By CCN: Kraken is not pleased with the way Canadian regulators propose to go about governing crypto trading platforms. In a sternly written paper to the Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada, the crypto exchange explained its gripes.

The two regulatory bodies have proposed a security law framework that all exchanges would have to abide by whether they like it or not. Kraken strongly recommends against Canada imposing a security law framework on crypto currency exchanges in public response to the Proposed Framework for Crypto-Asset Trading Platforms published by the CSA and the IIROC #bitcoinca

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