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kraken at the dry-cftc round table: building the book of rules for the tokenized markets…bro, kraken’s Arjun Seth
what’s dry round?? is kraken the new crypto overlord 👀🚀
classic regulatory discourse: Kraken emphasizes need for clear rules, innovation exemptions, and market modernization to avoid stifling tokenization’s potential; joint jurisdiction
Monday, the Kraken Arjun Sethi CO-PDG joined leaders at the Dry Round – CFTC table to discuss market platforms. Moderated by Jill Sommers and Jamie Selway, the panel addressed global market standards. Topics included tokenization’s impact on market structure and the need for coherent standards to avoid hindering innovation. Kraken emphasized the importance of clarity, widening access through tokenization, evolving safeguards, and the necessity of innovation exemptions for growth. The U.S. risks falling behind without clear rules and modernization. Key themes discussed included joint jurisdiction, product approvals, innovation exemptions, 24/7 trading, perpetuals, derivatives, and interoperability. Arjun highlighted the growing alignment among congress, regulators, and administration on market structure as promising. Kraken aims to defend rules that enhance customer access and innovation in the U.S. 🌐📊🔐
Kraken at the Dry-CFTC round table: Building the Book of Rules for the Tokenized Markets
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