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kraken News and Articles



Kraken United Arab Emirates

Kraken Receives License to Operate in Abu Dhabi

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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...

kraken

Kraken announced the closure of the headquarters in San Francisco

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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...

Kraken

Kraken acquires investment platform Staked

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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...

Kraken CEO

Kraken CEO does not rule out the return of "crypto winter"

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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...

Kraken Shiba Inu

Shiba Inu (SHIB) Becomes Available on Kraken

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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...

Australia

Kraken: Australian authorities hinder development of cryptosphere

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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...

Jesse Powell

Kraken CEO assumes creation of many metauniverses with shared assets

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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...

Jesse Powell

Jesse Powell talks about Kraken’s plans to go public

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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...

Kraken

IRS will gain access to Kraken customer data

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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,...

Kraken

The Rothschild Foundation acquires a stake in Kraken

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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...

Kraken

Kraken will try to attract investments in the stock market

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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...

Jesse Powell

Kraken CEO believes crypto companies will soon replace banks

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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...

Kraken

Kraken negotiates $10 billion investment attraction

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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 $...

Exchange

Kraken and Coinbase face hurdles amid escalating volatility

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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...

Kraken halts XRP

Kraken Exchange Suspends XRP for US Users

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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...

kraken

Wyoming Division of Banking Licensed Kraken Crypto Exchange

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Kraken becomes the first Crypto US bank. It will be able to support clients from 49 states with digital asset custody services and help them make payments. Founded in 2011, Kraken is now one of the leading cryptocurrency exchanges in US. It has been approved as the first special-purpose depository...

Kraken exchange

Kraken will grow staff amid rising BTC investor activity

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The American cryptocurrency exchange Kraken intends to expand the state by almost 10% due to increased activity in the cryptocurrency market amid the financial crisis. That was in an interview with Forbes CEO of the platform Jess Powell. “Every day we see more registrations, more requests for...

Kraken bitcoin exchange

Kraken bitcoin exchange launches trading for nine fiat pairs

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Kraken cryptocurrency exchange will launch trading between fiat pairs today, on March 12, including the Canadian dollar (CAD), Swiss franc (CHF), euro (EUR), British pound (GBP), Japanese yen (JPY) and US dollar (USD). 📈*NEW* FX IS GOING LIVE ON KRAKENStarting TOMORROW, eligible clients can...

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