Is Kraken a regulated virtual asset exchange?
Could you elaborate on whether Kraken, a well-known virtual asset exchange, is subject to regulatory oversight? Given the volatility and novelty of the cryptocurrency market, it's crucial for investors to know if their chosen platforms are operating within legal and ethical frameworks. Is Kraken registered with any financial regulatory authorities? What measures does it take to ensure the safety and security of its users' funds? Understanding Kraken's regulatory status is essential for making informed decisions in this rapidly evolving field.