Kraken CEO on Decision Not to Ban Russian Users

Jesse Powell talks with Kate Rooney, CNBC Crypto World to discuss Russian account freeze requests. Full interview can be found here: https://www.cnbc.com/video/2022/03/04/watch-cnbcs-full-interview-with-kraken-ceo-jesse-powell-on-calls-to-freeze-russian-crypto.html Jesse Powell: https://twitter.com/jespow Kate Rooney: https://twitter.com/Kr00ney 0:00 Intro 00:16 Jesse Powell 00:35 What is the current role of crypto on the global stage? 01:46 Is the current global situation helping the price of bitcoin? 02:26 Why isn’t Kraken heeding calls to freeze accounts? 05:02 What would be required for Kraken to impose limits on accounts? 05:41 What do sanctions look like? 06:56 Can crypto be used to circumvent sanctions? 08:23 Why are regulators concerned? 09:12 Outlook on stable coin demand. 🐙 Kraken 🐙 🖥 Website: https://www.kraken.com/ 📱 Twitter: https://twitter.com/KrakenFX ✏️ Blog: https://blog.kraken.com/ 🛒 How to buy Bitcoin: https://www.kraken.com/en-us/learn/bu... 👉 Kraken App 🔑 Key features: 🏦 Connect your bank account to buy crypto instantly 📅 Buy or sell on the go, 24/7/365 📊 Track crypto winners and losers, most popular, top gainers and more 💰 Invest as little as $10 😲 Get started in minutes ! Download now! 📱 For iOS: https://apps.apple.com/us/app/id14819... 📱 For Android: https://play.google.com/store/apps/de... #Bitcoin #Sanctions #Crypto #Russia #Ukraine #legacybanking