Senator Cynthia Lummis Blasts SEC Following Kraken Lawsuit, Says Regulator Cannot Rule by Enforcement
The U.S. Securities and Exchange Commission (SEC) has slapped the crypto exchange Kraken with new charges, and Wyoming Senator Cynthia Lummis isn’t happy about it. The SEC charged Kraken this week with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and clearing agency. The regulator alleges the San Francisco-based exchange has...