Kraken's Chief Legal Officer: Banks are shying away from taking on crypto customers

<p>Marco Santori is the Chief Legal Officer for Kraken — the crypto exchange recently charged by the SEC for failing to register the offer and sale of its "crypto asset staking as-a-service program" in the U.S.</p><p>In this episode, Santori explains how recent regulatory actions in the U.S. have caused banks to become hesitant to accept crypto companies as new clients, and how this favors 'incumbent' crypto players such as Coinbase and Kraken.</p><p>During this episode, Chaparro and Santori also discuss:</p> 'Operation Choke Point 2.0' Kraken's efforts to establish a bank How regulators vi...