Kraken's new CEO: The future of cryptocurrency will be based on self-custody and clear regulatory standards

ChainCatcher news, Dave Ripley, who is set to succeed CEO Jesse Powell as the new CEO of Kraken, stated that the future of cryptocurrency will be based on self-custody and clear regulatory standards.

Ripley mentioned that the relationship between centralized platforms and regulators may change due to FTX, but that "remains to be seen." The close ties between FTX founder SBF and regulators are detrimental to achieving the ideals of DeFi and cryptocurrency. (CoinDesk)