Kraken Turns Tables on Canadian Regulators in Nine-Page Rebuttal
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.
Questions posed by the regulators related to risk mitigation, safeguarding investors’ assets, and market manipulation and deception.
One of the proposed items Kraken takes issue with relates to how the regulators would define securities. In their proposal, regulators state:
Source and read more: https://www.ccn.com/kraken-canadian-regulators-rebuttal
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