Kraken Donates $1 million to Coin Center, Backing Blockchain Research

Cryptocurrency exchange Kraken donated $1 million to Coin Center and pledged they will match donations made up to $1 million. After slamming a fact-finding inquest into crypto-exchanges, this shows their support for research designed to help regulators.Kraken Backs Blockchain Think TankExecutive Director of Coin Center, Jerry Brito, made the surprise announcement at the Coin Center Annual Dinner on May 14. He announced the donation and said that Kraken will match any donations made within May up to a tune of $1 million. This shows Kraken wants to create informed regulation of the industry and comes after the SEC said it will target fraudulent ICOs.Kraken said:“The great work that Coin Center does is extremely important and referenced by governments around the world.

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