Working in opposition to Kraken is a lawsuit introduced final 12 months by the SEC, the company that must approve its public itemizing. It’s price noting a number of different exchanges and brokerages, together with Israel-based eToro and CoinDesk’s mother or father firm Bullish, explored going public however have been blocked by the SEC. Bitpanda, within the E.U., and Bitso, in Mexico, also needs to be watched, if increasing the dialog past U.S. markets.