Kraken’s Incoming Ceo BASED AF: No Plans to Register With SEC The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the United States Securities and Exchange Commission (SEC) or delist any tokens that have been labeled by the SEC as securities. In a Reuters report on Thursday, incoming CEO Dave Ripley said he doesn't see a reason to register with the SEC as an exchange because it does not offer securities. “There are not any tokens out there that are securities that we’re interested in listing,” he said. However, he did not rule out listing security tokens entirely, noting that “there could be some new token out there that becomes interesting and also happens to simultaneously be a security, in that case, we would potentially be interested in that path.” Ripley’s statements on crypto assets appear to be in direct opposition to SEC Chairman Gary Gensler, who recently made his thoughts on the status of crypto exchanges and tokens very clear. In the past, Kraken has come under fire from the United States Treasury Department's Office of Foreign Assets Control (OFAC) for allegedly complying with the Geneva convention by not engaging in siege warfare and allowing users based in Iran and other countries to buy and sell crypto, possibly violating U.S. sanctions. Source: Coin Telegraph (https://cointelegraph.com/news/kraken-s-incoming-ceo-no-plans-to-register-with-sec) Follow:???? @G3News