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Kraken remains optimistic about its chances in the ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC).
While U.S. Congress members typically stick to stocks, a few have ventured into cryptocurrencies, with Bitcoin and Ethereum being the usual choices.
Brian Armstrong, CEO of Coinbase, remains optimistic about the future of cryptocurrency payments, believing they will become mainstream within this decade.
Pavel Durov, the Russian entrepreneur behind the messaging app Telegram, has recently been detained in France.
Russia is preparing to start testing cryptocurrency exchanges and digital token payments on September 1 to ease payment difficulties caused by international sanctions.
Paolo Ardoino, CEO of Tether and CTO of Bitfinex, has expressed his concerns about the recent detention of Pavel Durov, founder of Telegram and TON.
Last Friday Jerome Powell, the U.S. Federal Reserve Chairman, made cautious remarks about the current state of the economy.