Kraken CEO allowed crypto exchange to leave the United States

The site management is considering the UAE, UK and Japan as an alternative to the United StatesStates, Jesse Powell said.

CEO of crypto exchange Kraken JessePowell said in an interview with Fox Business that the company may leave the United States due to tightening regulation of the cryptocurrency industry. According to him, the management of the site considers the UAE, Great Britain and Japan as an alternative. In October last year, the exchange resumed trading in Japan after a two-year hiatus.

Also Jesse Powell noted that direct listingKraken shares on the NASDAQ stock market could happen in 2021. According to him, the company will go public in the second half of this year. Previously, the site planned to directly list its shares on the stock exchange in 2022.

Kraken is one of the oldest cryptocurrency exchanges in the world, which was founded in 2011. According to CoinMarketCap, the site ranks fourth in the ranking of the largest crypto exchanges in terms of trading volume.

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