from Kraken Exchange | by Kraken Exchange

1/3 Kraken USD funding will continue uninterrupted. Our long history and record of compliance has enabled us to maintain significant banking diversity and redundancy around the world. However, recent events should be a wake up call. Please diversify and self-custody. #NYKNYC

2/3 We have no material exposure to stablecoin exchange rates because we do not treat them as interchangeable with national currency. Kraken operates markets for the top stablecoins, allowing traders to provide liquidity and price risk.

3/3 Operation Chokepoint 2.0 might have overplayed its hand this time but the threat remains. They will continue to attack the rails, products and companies facilitating direct crypto ownership and DeFi use. The People's Money is our peaceful revolution. This is why we #Bitcoin