Kraken Challenges SEC Securities Label Against Digital Assets

Centralized crypto exchange Kraken retaliated against the US Securities and Exchange Commission (SEC) by challenging its securities label on digital assets. The regulator claimed Kraken violated federal securities laws when it offered certain digital assets, which qualify as unregistered securities. Kraken Despites SEC Allegations Against Digital Assets Kraken said ADA, ALGO,... source: https://beincrypto.com/kraken-challenges-sec-securities-label/