Kraken co-CEO critiques FCA for stringent regulations on crypto finance

Arjun Sethi criticized the FCA’s recent crypto finance regulations, claiming they impede trading efficiency. The FCA argues that the measures protect investors by ensuring risk comprehension.

Due to FCA restrictions, UK users are limited from accessing 75% of Kraken’s US offerings. Kraken is also preparing for a listing in New York but has not announced a schedule.

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