Cryptocurrency exchange Kraken has said that US Subpoenas is fast becoming a “barrier to entry” its US exchange business. On Saturday, the exchange tweeted an infographic from its “2018 Transparency Report,” indicating that the firm had received a total of 475 subpoenas in 2018 compared to 160 in 2017, with the majority (315) coming from U.S. agencies. 

Many of the inquiries required transactions which could be petabytes of data, and were taxing on the firm's resources as they often require a significant amount of steps back and forth. 💸

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