www.foxbusiness.com
Open in
urlscan Pro
2a02:26f0:6c00:2b8::198c
Public Scan
URL:
https://www.foxbusiness.com/markets/kraken-ceo-confirms-public-offering-to-come-if-over-regulation-doesnt-force-the-platform...
Submission: On January 14 via api from US — Scanned from DE
Submission: On January 14 via api from US — Scanned from DE
Form analysis
2 forms found in the DOMGET /search
<form autocomplete="off" action="/search" method="get">
<fieldset><input aria-label="Search foxbusiness.com" type="text" placeholder="Search foxbusiness.com" name="q" onblur="" onfocus="" autocomplete="off" value="" class="resp_site_search"> <input type="hidden" name="ss" value="fb"> <input
aria-label="Submit Search" type="submit" value="Search" class="resp_site_submit"></fieldset>
</form>
GET /search
<form autocomplete="off" action="/search" method="get">
<fieldset>
<div class="input-wrap quote-lookup"><input value="" type="text" placeholder="Quote Lookup" name="q" onblur="" onfocus="" autocomplete="off" aria-label="quote lookup" class="input-text"> <input type="hidden" name="ss" value="fb"> <input
type="submit" aria-label="submit" value="Search" class="input-search"></div>
</fieldset>
</form>
Text Content
Fox Business * Personal Finance * Economy * Markets * Watchlist * Lifestyle * Real Estate * Tech * TV * Podcasts * More Expand / Collapse search Login Watch TV Menu Personal Finance * Mortgages * Student Loans * Credit Cards * Personal Loans * Savings * Insurance * 401k * Retirement * Tax Planning Economy * Government Spending * Money & Policy * 2020 Campaign * Small Business Markets * Pre-Markets * US Markets * Cryptocurrency * Futures & Commodities * Bonds * Funds & ETFs * Business Leaders * Industries * Retail Watchlist Lifestyle * Rich & Famous * Travel * Cars * Airplanes * Food & Drinks * Arts Real Estate * Personal * Commercial * Luxury Properties Tech * Digital * Social Media * Gadgets * Business Tech * Healthcare Tech * Future Tech * AI * Space Sports * NFL * NBA * MLB * NASCAR * Boxing * Soccer * Golf * Tennis Opinion Shows * Mornings with Maria * Varney & Co * Cavuto: Coast to Coast * Making Money with Charles Payne * The Claman Countdown * Bulls & Bears * The Evening Edit * Kennedy * Strange Inheritance with Jamie Colby * Maria Bartiromo's Wall Street * WSJ at Large with Gerry Baker * Barron's Roundtable About * Channel Finder * Jobs * Terms of Use * Updated Privacy Policy * FAQ * Media Relations * Corporate Information * Closed Captioning Policy * Accessibility Statement * Fox News * Fox Nation * Fox Business Go * Apps & Products * Facebook * Twitter Fox Business * New Terms of Use * New Privacy Policy * Do Not Sell my Personal Information * Help * Closed Captioning Policy Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper. This material may not be published, broadcast, rewritten, or redistributed. ©2022 FOX News Network, LLC. All rights reserved. FAQ - New Privacy Policy Cryptocurrencies Published April 13 KRAKEN CEO CONFIRMS PUBLIC OFFERING TO COME IF OVER-REGULATION DOESN’T FORCE THE PLATFORM ‘OUT OF THE COUNTRY’ JESSE POWELL SAYS US CRYPTO REGULATORS ARE THE 'MOST SEVERE' GLOBALLY * Facebook * Twitter * Comments * Print * Email By Angelica Stabile FOXBusiness close KRAKEN CEO: WE MAY BE REGULATED OUT OF THE COUNTRY Kraken CEO Jesse Powell on what separates Kraken's trading platform from Coinbase and how U.S. companies are at a disadvantage compared to other countries. Cryptocurrency exchange platform Kraken is working quickly to launch an IPO on the tail of competitor Coinbase, but CEO Jesse Powell told FOX Business’ "The Claman Countdown" that growing regulations are a potentially concerning obstacle. "The U.S. regulators have historically been among the most severe internationally," he said. "We’re dealing with the SEC and the CFDC on a regular basis. They’re asking us to shut down products that they’re not able to shut down for international competitors. So they’re putting U.S. companies at a disadvantage." Powell confirmed Tuesday that Kraken is looking to launch its public offering within the year, specifically in the second half of 2021, but it’s still "on the table" whether the platform remains a U.S. company or not. BITCOIN REACHES RECORD HIGH AHEAD OF COINBASE IPO "We may be forced out of the country by over-regulation, or by the enforcement guys not talking to the policy guys and not having, kind of, a national strategy on cryptocurrency," he said. close video COINBASE TO START TRADING ON NASDAQ AS BITCOIN HITS RECORD HIGH Barron's Financial Markets reporter Carleton English provides insight on 'FOX Business Tonight' The CEO mentioned former CIA director Michael Morrell’s new study regarding the security of crypto which states Bitcoin is least used for illicit transactions and warns the government should be more worried about China getting ahead. CLICK HERE TO READ MORE ON FOX BUSINESS "I think it’s something that the United States can be dominant at," he said. "But there are other countries competing and I think we could fall behind by shooting ourselves in the foot." If necessary, Powell said Kraken would consider relocating to Tokyo, the U.K., or the UAE where cryptocurrency regulations are "very robust" and business-friendly. Kraken is focused on "bringing crypto to the masses," especially in the consumer space, Powell said, offering customers access to financial services that are not always available. GET FOX BUSINESS ON THE GO BY CLICKING HERE MARKETS Quotes displayed in real-time Market Update sponsored by Advertisement Advertisement Advertisement LATEST ON FOX BUSINESS 21 mins ago DOLLAR'S DROP SIGNALS SHAKY US ECONOMY video YOUTUBE REINSTATES MUSIC VIDEO CALLING OUT BIDEN AFTER NATIONAL OUTCRY video NEW YORK WILL ‘GET ITS SHOT’ WITH ERIC ADAMS: THOR EQUITIES CHAIRMAN 49 mins ago RON HOWARD'S IMAGINE ENTERTAINMENT IN TALKS TO SELL MAJORITY STAKE TO CENTRICUS video MCENANY: THIS IS A PRESIDENT IN SHAMBLES YOUR MONEY 2 hours ago MONEY IS THE TOP REASON WHY STUDENTS ARE DROPPING OUT OF COLLEGE, STUDY FINDS 3 hours ago TODAY'S MORTGAGE REFINANCE RATES: 20-YEAR RATES FALL AGAIN | JAN. 14, 2022 3 hours ago TODAY'S MORTGAGE RATES STABILIZE ACROSS ALL TERMS | JAN. 14, 2022 4 hours ago ‘DISAPPOINTING’ JOBS REPORT WON’T SLOW INTEREST RATE HIKES, EXPERTS SAY 21 hours ago WHAT ARE THE DIFFERENT TYPES OF MORTGAGE LENDERS AND HOW DO YOU CHOOSE ONE? Advertisement Personal Finance * Mortgages * Student Loans * Credit Cards * Personal Loans * Savings * Insurance * 401k * Retirement * Tax Planning Economy * Government Spending * Money & Policy * 2020 Campaign * Small Business Markets * Pre-Markets * US Markets * Cryptocurrency * Futures & Commodities * Bonds * Funds & ETFs * Business Leaders * Industries * Retail Watchlist Lifestyle * Rich & Famous * Travel * Cars * Airplanes * Food & Drinks * Arts Real Estate * Personal * Commercial * Luxury Properties Tech * Digital * Social Media * Gadgets * Business Tech * Healthcare Tech * Future Tech * AI * Space Sports * NFL * NBA * MLB * NASCAR * Boxing * Soccer * Golf * Tennis Opinion Shows * Mornings with Maria * Varney & Co * Cavuto: Coast to Coast * Making Money with Charles Payne * The Claman Countdown * Bulls & Bears * The Evening Edit * Kennedy * Strange Inheritance with Jamie Colby * Maria Bartiromo's Wall Street * WSJ at Large with Gerry Baker * Barron's Roundtable About * Channel Finder * Jobs * Terms of Use * Updated Privacy Policy * FAQ * Media Relations * Corporate Information * Closed Captioning Policy * Accessibility Statement * Fox News * Fox Nation * Fox Business Go * Apps & Products * Facebook * Twitter Fox Business * New Terms of Use * New Privacy Policy * Do Not Sell my Personal Information * Help * Closed Captioning Policy Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper. This material may not be published, broadcast, rewritten, or redistributed. ©2022 FOX News Network, LLC. All rights reserved. FAQ - New Privacy Policy