# Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO

# Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO

” Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO “ The collapse of the crypto exchange FTX revealed the importance of proof-of-reserves in avoiding situations involving the misappropriation of users’ funds. While exchanges have proactively started sharing wallet addresses to prove the existence of users’ funds, several entrepreneurs, including Kraken CEO and co-founder Jesse Powell,…

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# DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined

# DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined

” DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. United States Federal Reserve chairman Jerome Powell has given his verdict on the evolution…

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# US Kraken exchange targets European license in 2021, says CEO

# US Kraken exchange targets European license in 2021, says CEO

“# US Kraken exchange targets European license in 2021, says CEO ” Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local…

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