Crypto regulations and scrutiny over the burgeoning financial asset space remained a hot topic for quite some time. Many financial authorities around the world are keen to put them under the regulations citing the risks they pose on traditional finance and economics, threats to retail investors, digital attacks and hacks, etc.
Recently, chief operations officer of the prominent crypto exchange Kraken, Dave Ripley said the cryptocurrency’s future more or less depends upon the self-custody and clear and specific regulatory guidelines. He added that Kraken’s platform supports self-custody.
Ripley, who is serving currently as COO of the crypto exchange is to take over as the CEO following Jesse Powell stepping down.
Centralized Exchanges Provide Full Ownership
While explaining about the centralized exchanges (CEX) edge over the others, Ripley stated that it is the centralized exchanges which provides complete ownership and full control to the owner over his own assets. CEX is abl
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