Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets – Bitcoin News

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The Canadian regulator has flagged tweets encouraging people to use non-custodial wallets by Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell. crypto cryptocurrency bitcoin $BTC

Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets

Both Kraken and Coinbase are registered with the Financial Transactions and Reports Analysis Centre of Canada as money-services businesses. In another tweet, the Kraken boss responded to a question about whether his crypto exchange could be ordered by the police to freeze assets without judicial consent. Powell replied:

 

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Concerning to see stuff like this happening in any country, especially such an economically free place like Canada. Self-custodial wallets are important.

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Maybe they shouldn't operate in a country ran by a want to be dictator.

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