United States of America: Reached settlement in the SEC lawsuit against Payward Ventures and Payward Trading (Kraken) for providing unregistered securities
Description
Reached settlement in the SEC lawsuit against Payward Ventures and Payward Trading (Kraken) for providing unregistered securities
On 9 February 2023, the Securities and Exchange Commission (SEC) filed a lawsuit against Payward Ventures and Payward Trading (Kraken) for the unregistered offer and sale of crypto asset staking and reached a settlement with the company. Kraken has …
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body