Last week, the cryptocurrency exchange Cryptopay announced the termination of services for users from the Russian Federation. The trading platform motivated its decision by the need to comply with the sanctions imposed on Moscow by Western countries. The day before, another bitcoin exchange,...
Crypto exchange Kraken's newly appointed CEO Dave Ripley said he has no intentions to register with the US Securities and Exchange Commission because Kraken doesn't offer users to trade securities. According to Reuters, the executive added that there are no plans to delist any securities that the...
The imposition of sanctions against the Tornado Cash cryptocurrency service caused discontent among many experts and businesses focused on the blockchain industry. Jesse Powell, CEO of the Kraken exchange, joined the critics of the decision of the US Treasury. He believes that limiting the...
More crypto exchanges get licenses to provide services in the UAE. The latest of them became Kraken. The company is expanding into the Middle East and will open offices in Abu Dhabi Global Market (ADGM). Previously, digital asset platforms Binance and FTX got licenses to function in the country as...
Popular digital asset trading platform Kraken has officially announced the closure of its San Francisco headquarters. The CEO of the exchange, Jesse Powell, wrote about this on his Twitter account. Among the main reasons that served as such a radical decision is the fear of Kraken management for...
The popular digital asset trading platform Kraken has announced the purchase of the equally well-known non-custodial betting service Staked. Based on the official statement of the exchange, all its users will be able to join the operation of the investment platform in January 2022. In the...
Back in August, Kraken CEO Jesse Powell shared the point of view of those analysts who predicted Bitcoin's soar to $ 100,000 by the end of this year. Among such experts, for example, Bloomberg strategist Mike McGlone stands out. However, this week Powell unexpectedly corrected his position and...
One of the leading crypto exchange platforms, Kraken, revealed the listing of Shiba Inu. In the published post, the team says that trading will be open from Nov. 30. Users can trade SHIB for US dollar and Euro. Futures and margin trading won't be possible at release. The minimum needed deposit is...
The Australian office of the Kraken crypto exchange criticized the policy of the country's authorities. As Jonathan Miller, representing the company's top management, noted, if regulators introduce licensing of trading floors, business development will slow down. Australia is among the countries...
The head of the Kraken cryptocurrency exchange Jesse Powell predicted the creation of many meta-universes in the future at the Crypto Goes Mainstream event. “I don't think there will be any one metaverse,” he said. Powell said no one would have a monopoly on such development. He called the...
The head of the Kraken crypto exchange Jesse Powell said that his team is not abandoning plans to attract investments in the stock market. The company was tasked with listing on one of the traditional exchanges as early as 2022. Previously, Dan Held, representing the Kraken administration, told...
The US federal court ordered the Kraken cryptocurrency exchange to provide the IRS with information about users who made large transactions in 2016-2020. According to a statement, the IRS has served Kraken with the so-called John Doe summons. The agency is interested in the data of clients who,...
Investment fund RIT Capital Partners became a co-owner of the Kraken crypto exchange. This is stated in a note sent to investors. The amount invested by the fund is not indicated in the document. RIT Capital Partners’ interest in the platform stems from Kraken’s plans to go public with a direct...
Coinbase plans to list on the Nasdaq this month. Before entering the market, the crypto company reported very good financial performance. As the CNBC channel clarifies, a company representing the cryptocurrency industry may soon enter the stock market. Kraken CEO Jesse Powell spoke about plans to...
The cryptocurrency industry could deal a devastating blow to the banking market. So says Jesse Powell, head of the Kraken exchange. In his opinion, only those financial structures that will have time to enter the cryptosphere will be able to survive. The rest of the traditional players, and...
Cryptocurrency exchange Kraken is in talks to attract investments from Fidelity, Tribe Capital, and General Atlantic at an estimate of $ 10 billion. According to Bloomberg, the terms of the possible deal are not final and in case of high demand, the exchange may receive an estimate of more than $...
The aggravation of volatility in the crypto market led to technical failures in the work of some American exchanges. Initially, users reported issues with the Kraken platform. The technical failure was observed intermittently for 17 hours. After that, the administration reported on the resumption...
On January 15, cryptocurrency exchange Kraken announced suspending the XRP token trading for users from the US. The termination will enter into force on January 30, at 1 a.m. UTS. The decision doesn't concern customers from other countries. The company mentioned the reason for the suspension to be...