<p>There's no doubt that the SEC dealt Kraken—and the outlook for crypto staking products in the U.S.—a big blow when it announced a $30 million settlement and ordered the company to stop offering the service to its customers in the states in February. Now Marco Santori, the company's chief legal officer, says the exchange is eager to move on from it. That means reckoning with a really challenging regulatory environment and growing its customer base overseas. And as Santori quips: "Kraken's master account application has not yet been rejected."</p><br><p>For more from Decrypt, visit&nbsp;<a href="http://decrypt.co/" rel="noopener noreferrer" target="_blank">decrypt.co</a>&nbsp;and follow&nbsp;@<a href="https://twitter.com/gmdecrypt" rel="noopener noreferrer" target="_blank">gmdecrypt</a> on Twitter.</p><p>Be sure to join the <a href="https://t.me/gmpodcast" rel="noopener noreferrer" target="_blank">gm Telegram room</a> for direct access to our hosts and guests.</p><br><p>Hosts and guests:</p><br><p>Dan Roberts</p><p>Twitter: @<a href="https://twitter.com/readDanwrite" rel="noopener noreferrer" target="_blank">readDanwrite</a></p><br><p>Stacy Elliott</p><p>Twitter: @<a href="https://twitter.com/stacyannj" rel="noopener noreferrer" target="_blank">stacyannj</a></p><br><p>Marco Santori</p><p>Twitter: @<a href="https://twitter.com/msantoriESQ" rel="noopener noreferrer" target="_blank">msantoriESQ</a></p><br><p>Podcast thumbnail art by <a href="https://www.grantkempster.design/new-page" rel="noopener noreferrer" target="_blank">Grant Kempster</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

gm from Decrypt

Decrypt Media: News about Bitcoin, blockchain, Ethereum, NFTs, Web3

gm: Marco Santori and Kraken Fight Back

APR 26, 202351 MIN
gm from Decrypt

gm: Marco Santori and Kraken Fight Back

APR 26, 202351 MIN

Description

<p>There's no doubt that the SEC dealt Kraken—and the outlook for crypto staking products in the U.S.—a big blow when it announced a $30 million settlement and ordered the company to stop offering the service to its customers in the states in February. Now Marco Santori, the company's chief legal officer, says the exchange is eager to move on from it. That means reckoning with a really challenging regulatory environment and growing its customer base overseas. And as Santori quips: "Kraken's master account application has not yet been rejected."</p><br><p>For more from Decrypt, visit&nbsp;<a href="http://decrypt.co/" rel="noopener noreferrer" target="_blank">decrypt.co</a>&nbsp;and follow&nbsp;@<a href="https://twitter.com/gmdecrypt" rel="noopener noreferrer" target="_blank">gmdecrypt</a> on Twitter.</p><p>Be sure to join the <a href="https://t.me/gmpodcast" rel="noopener noreferrer" target="_blank">gm Telegram room</a> for direct access to our hosts and guests.</p><br><p>Hosts and guests:</p><br><p>Dan Roberts</p><p>Twitter: @<a href="https://twitter.com/readDanwrite" rel="noopener noreferrer" target="_blank">readDanwrite</a></p><br><p>Stacy Elliott</p><p>Twitter: @<a href="https://twitter.com/stacyannj" rel="noopener noreferrer" target="_blank">stacyannj</a></p><br><p>Marco Santori</p><p>Twitter: @<a href="https://twitter.com/msantoriESQ" rel="noopener noreferrer" target="_blank">msantoriESQ</a></p><br><p>Podcast thumbnail art by <a href="https://www.grantkempster.design/new-page" rel="noopener noreferrer" target="_blank">Grant Kempster</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>