This was stated by the company’s Chief Legal Officer, Marco Santori.
“This is an important victory for Kraken, regulatory clarity, and cryptocurrency users worldwide. The decision affirms the exchange’s stance that it is not involved in trading securities,” Santori emphasized.
The court ruling may also influence the overall approach to cryptocurrency regulation in the United States. This decision strengthens the legal framework for cryptocurrency exchanges and could set a precedent for other similar cases. Amid growing attention to digital assets, this is a significant step towards clear legal regulation in this area.
Santori also noted that this decision reinforces trust in the exchange from its users and investors, demonstrating Kraken’s commitment to complying with the law and protecting the interests of its clients.
