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Kraken News
As a major U.S.-based exchange, Kraken news covers platform upgrades, regulatory developments, and market trends. Known for its security and fiat on-ramp services, Kraken has expanded into staking and futures trading. Its approach to compliance and innovation continues to shape its role in the global crypto landscape.
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Kraken has obtained an Electronic Money Institution license from the UK’s Financial Conduct Authority. The approval allows Kraken to issue electronic money and facilitate faster deposits and withdrawals for UK customers. With this authorization, the exchange can establish partnerships with…
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Kraken confirmed it will begin the next round of FTX payouts on May 30, covering claims both below and above $50,000. According to FTX creditor representative Sunil’s recent post on X, Kraken has begun sending emails to FTX users, confirming…
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The U.S. SEC has agreed to dismiss its lawsuit against cryptocurrency exchange Kraken. Kraken announced that the U.S. Securities and Exchange Commission plans to dismiss the case with prejudice, meaning the agency cannot bring the same claims again. As a…
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Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.9 billion in Q4 2024, more than doubling from…
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With new EU regulations requiring stablecoin issuers to be authorized starting in 2025, major crypto platforms like Kraken and Crypto.com are developing their own stablecoins to stay compliant and ensure smooth operations. The European Union’s Markets in Crypto-Assets regulation, effective…
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Crypto exchange Kraken has reported a 38.6% rise in global law enforcement and regulatory data requests in 2024 compared to 2023. U.S.-based cryptocurrency exchange Kraken got a lot more data requests in 2024, showing just how much attention law enforcement…
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Kraken exchange is getting ready to rejoin the Indian market after being banned in 2024 for violating anti-money laundering laws. The exchange has been working with local authorities to secure the permits required to resume operations. According to a news…
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The memecoin market continues to gain traction, with 85% of U.S. crypto holders now investing in these highly speculative assets. A new Kraken survey highlights that 76% of investors believe the potential rewards justify the risks, despite memecoins’ notorious volatility.…
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Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports,…
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Kraken co-founder Jesse Powell is accusing a San Francisco co-op of denying his unit purchase on the grounds of discrimination for his ties to cryptocurrency and political leanings. According to a lawsuit filed by Powell’s legal team on Feb. 5,…
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Coinbase director Conor Grogan surmised that Kraken and its founder Jesse Powell may have access to Satoshi Nakamoto’s real identity due to a 2016 acquisition.
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Crypto exchange Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer. U.S.-based cryptocurrency exchange Kraken has hired Ben Gray as its new chief legal officer to strengthen its legal team. In a…
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Kraken’s European expansion accelerated as the crypto exchange obtained a new digital asset license to provide more services.
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Kraken announced its plan to end support for Tether’s token and other non-compliant stablecoins for European clients.
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After the SEC ordered Kraken to close its U.S. staking platform in 2023, the exchange has re-opened crypto staking for specific tokens in select states.
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Tether’s cross-chain stablecoin solution, USDT0, has launched on Ink, the layer 2 blockchain by crypto exchange Kraken. In an announcement on Jan. 16, Ink revealed that Tether had selected it as the first blockchain for the deployment of the omnichain…
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