Coin

<ul class="news-points"> 
 <li>Despite regulatory challenges and the recent SEC lawsuit, Kraken co-founder Jesse Powell expresses confidence.</li> 
 <li>Powell advocates for self-regulation within the crypto industry, citing the need to address emerging threats.</li> 
 <li>Kraken co-founder calls for self-policing.</li> 
</ul> 
Following the recent $4.3 billion fine imposed on Binance by the U.S. Department of Justice and a lawsuit from the U.S. Securities and Exchange Commission (SEC) against Kraken, co-founder Jesse Powell acknowledged the current state of the industry. 
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 The game feels a bit more fair today. The last 12 months have answered 2 nagging questions from shareholders: 1. How are they going so fast? 2. How are they getting away with it? "Trust me, any day now…" is only believable for so many years. It's hard to keep faith while…— Jesse Powell (@jespow) <a href="https://twitter.com/jespow/status/1727514704480989672?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 23, 2023</a>
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“The last 12 months have answered two nagging questions from shareholders: How are they going so fast? How are they getting away with it?” Powell remarked. He hinted at the challenges faced by crypto exchanges as the regulatory landscape tightens. 
Powell expressed cautious optimism following Binance’s settlement, stating that the game “fee…
The post <a href="https://coinedition.com/crypto-industry-should-self-police-says-kraken-co-founder/">Crypto Industry Should Self-Police, Says Kraken Co-founder</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Crypto Industry Should Self-Police, Says Kraken Co-founder

Coin Edition

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