PANews reported on September 30 that in response to CME Group CEO's opposition to granting innovation exemptions to Polymarket and Kalshi and calling for fair competition , Kraken CEO Arjun Sethi retorted: "For a long time, regulatory barriers have been monopolistic in nature, making it difficult to innovate from the beginning. As for us, the difficult process we have experienced to reach our current position has been equally painful. To achieve a fair competitive environment, I think to some extent you should work in the same direction as we did four, eight or ten years ago."