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Kraken Co-CEO Arjun Sethi Criticizes UK Cryptocurrency Regulations for Hindering Retail Fund Flow
Summary: According to cryptonews, the UK Financial Conduct Authority's (FCA) strict cryptocurrency promotion rules requiring risk warnings and investor verification have been criticized by Kraken's Co-CEO Arjun Sethi for slowing down fund flow and making it harder for retail investors to participate. In March this year, Kraken announced a $1.5 billion acquisition of derivatives platform NinjaTrader, ...
According to cryptonews, the UK Financial Conduct Authority's (FCA) strict cryptocurrency promotion rules requiring risk warnings and investor verification have been criticized by Kraken's Co-CEO Arjun Sethi for slowing down fund flow and making it harder for retail investors to participate. In March this year, Kraken announced a $1.5 billion acquisition of derivatives platform NinjaTrader, deepening its presence in the futures and options sector while also navigating differences in regulatory environments between the UK and the US.
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Link: Kraken Co-CEO Arjun Sethi Criticizes UK Cryptocurrency Regulations for Hindering Retail Fund Flow [Copy]
