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gm: Marco Santori and Kraken Fight Back
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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."
For more from Decrypt, visit decrypt.co and follow @gmdecrypt on Twitter.
Be sure to join the gm Telegram room for direct access to our hosts and guests.
Hosts and guests:
Dan Roberts
Twitter: @readDanwrite
Stacy Elliott
Twitter: @stacyannj
Marco Santori
Twitter: @msantoriESQ
Podcast thumbnail art by Grant Kempster
A next-generation media company capturing the most compelling narratives in emerging technology. Decrypt was founded in 2018 with a simple mission: to demystify the decentralized web. As the crypto industry’s impact has grown, so has our coverage. Today, we exist to capture compelling narratives that span technology’s reach into every facet of life. We’re passionate about the interplay between technology and culture. This dynamic space is filled with untold stories. We’re here to tell them and create a few of our own. Our mission is to inform readers about current events, educate them about emerging technology, and empower those with a creative vision to bring it to life.
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