CLS Global, a cryptocurrency market-making firm, is taking steps to address concerns raised by the U.S. Securities and Exchange Commission (SEC) and a U.S. prosecutor. The company has contacted authorities to establish a cooperative dialogue to resolve the cases and address any misunderstandings. CLS Global has a strict policy of not operating within the U.S.
market, but acknowledges that improvements can be made. To address the situation, the company is reaching out to U.S. authorities, reviewing client agreements, and assessing exchange partnerships. CLS Global has confirmed its commitment to operating within the bounds of applicable laws and is open to necessary adjustments in its practices.
