Kraken is still steadfast in launching its bank, despite facing a harsh regulatory landscape and several charges of violating securities laws by the US Securities and Exchange Commission.
According to Marco Santori, the Chief Legal Officer at Kraken, the launch is on track. He even shared plans to order thousands of pens with little ball chains attached to them, which will be distributed to Wall Street banks and adorned with Kraken’s logo. The company has not let regulatory obstacles deter its progress and is pressing ahead with its plans to establish its financial institution.
Source: https://crypto.news/kraken-continues-bank-launch-plans-amid-regulatory-hurdles/