Kraken, the digital-currency exchange that recently refused to respond to inquiries from New York’s top lawyer, seems to be warming up to regulators -- at least federal ones.
The San Francisco-based company, founded in 2011 in the wake of Mt. Gox’s collapse, will probably register with the Securities and Exchange Commission as regulators continue cracking down on cryptocurrencies, Chief Executive Officer Jesse Powell said.
“We would probably get registered as a broker dealer and then an ATS,’’ Powell said in an interview May 15 in New York, where he was attending an industry conference. “I don’t think it necessarily helps ...
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