Results For: Kraken

Published: June 11, 2023   |   Last Updated: June 19, 2023
Found 162 Results
Page 1 of 17
May 17, 2024

Kraken Mulls Removal of Tether (USDT) Amidst New EU Regulations

Kraken is actively reviewing its plans to potentially remove support for Tether’s USDT on its platform in the European Union (EU). According to Bloomberg, this move comes in response to the impending implementation of the Markets in Crypto-Assets (MiCA) regulatory framework, set to take effect in July. Key points: Also read: Binance Executive Denied Bail …...

May 10, 2024

Kraken Fires Back at SEC, Arguing Agency’s Case Lacks Proper Wording

Kraken has intensified its legal battle with the United States Securities and Exchange Commission (SEC) by filing a reply to the agency’s April letter regarding the company’s motion to dismiss the case. Kraken argues in the latest development that the SEC has not identified any specific investment contracts traded, brokered, or settled on its platform. …...

March 1, 2024

State Attorneys General Argue SEC Overreach in Kraken Lawsuit

A group of state attorneys general filed a court brief Thursday arguing that the U.S. Securities and Exchange Commission (SEC) has exceeded its powers by suing crypto exchange Kraken. Key Points: The state law officials from Montana, Arkansas, Iowa, and five other states said the SEC’s action risks harming consumers and contradicts precedents on when …...

February 8, 2024

Kraken Receives VASP Registration to Expand in the Netherlands

Cryptocurrency exchange Kraken has secured a Virtual Asset Service Provider (VASP) registration from the Dutch Central Bank (DNB). This will enable the company to expand its offerings to clients in the Netherlands. The registration comes as part of Kraken’s broader growth strategy across Europe. In addition to the latest DNB approval, Kraken also holds active …...

November 23, 2023

Kraken Co-founder Jesse Powell Calls for Self-Policing Amidst Binance Turmoil

In the aftermath of Binance’s $4.6 billion settlement and CZ’s resignation, Jesse Powell, co-founder of crypto exchange Kraken, takes to X (formerly Twitter) to reflect on the challenges faced by the cryptocurrency industry. Powell discusses the ongoing struggles, the need for self-policing, and Kraken’s commitment to the long game. Additionally, his remarks come on the …...

November 21, 2023

Kraken Fires Back Against SEC Complaint, Vows to “Vigorously Defend” Its Position

The U.S. Securities and Exchange Commission (SEC) filed a complaint alleging that crypto exchange Kraken operates as an unregistered securities exchange, broker, and clearing house. Kraken strongly pushed back against the allegations, arguing that the claims are “factually incorrect” and have no legal basis. In the complaint, the SEC points to large transaction volumes on …...

May 22, 2024

🥛WOWZA! Rising ETH tide lifts all tokens 🌊

Today’s edition is brought to you by Gryphon Digital Mining – a fast-growing Bitcoin miner led by a team of industry veterans. Read a free report on Gryphon’s unique strategy today. breaker GM. This is Milk Road, where you get your crypto alpha faster than Biden flipped his stance on crypto. Here’s the alpha for today: ETH ecosystem tokens are mooning 🌝 Use case of the week: yield-bearing stablecoins ⚙️...

May 22, 2024

Coinbase, Meta, and Ripple Unite to Fight Pig Butchering Scams

Coinbase, Match Group (the parent company of Tinder and Hinge), Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organization have joined hands to establish a new coalition called Tech Against Scams. The coalition aims to tackle the growing number of online frauds and financial scams that target consumers across various industries.  Key points: The formation …...

May 21, 2024

SEC Requests Updates to Nasdaq and CBOE Ethereum ETF Filings

According to Reuters, the U.S. Securities and Exchange Commission (SEC) has requested that Nasdaq and CBOE amend their applications to list spot Ethereum exchange-traded funds (ETFs). Key points: The SEC’s surprise move comes as a departure from the industry’s expectations, as the regulator had not engaged with exchanges and issuers on the filing details. This …...