On 17 April the Prosecutor General’s office of new York sent 13 cryptocurrency exchange the letter with the requirement to disclose information about their activities on 34 points.
The attorney General’s office demanded that the cryptocurrency exchanges including to provide information about the internal control systems, the operations and measures to ensure the safety of asset users.
Despite the fact that most of the venues have agreed to provide information, guidance cryptocurrency exchange Kraken, said that it plans to respond to a request by attorney General Eric Schneiderman (Eric T. Schneiderman).
«Today it is obvious that our departure from new York in 2015, when it adopted the regulatory framework Regulations was correct. This timely move has brought the company additional dividends. I made a wise decision when he decided to get out of new York,» said CEO Jesse Powell (Jesse Powell).
Leaving the state, the exchange’s management commented as follows: «Regulations is so nasty and cruel creature, that even the Kraken does not have the courage or strength to confront her hideous, large and sharp teeth.»
In response to statements by Powell, press Secretary of the Prosecutor General’s office said:
«As a rule law-abiding companies are always ready to provide the information that their investors are protected».
However, after from representatives of the cryptocurrency business have started to receive complaints related to the legal aspects of Regulations, state regulators have promised to revise the document.