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CryptoCurrency

Kraken Dives into Traditional Markets: Targets US Stocks and ETFs

  • The move comes as crypto firms aim to diversify services after a challenging year.
  • Kraken holds a regulatory license in the UK and has applied for a broker-dealer license in the US.
Wednesday, 27/09/2023 | 20:50 GMT by Jared Kirui
CryptoCurrency

Kraken Bolsters EU Presence: Gains Approvals in Ireland and Spain

  • The crypto exchange is now an e-money institution in Ireland.
  • It is also a VASP in Spain, Ireland, and Italy.
Wednesday, 27/09/2023 | 07:31 GMT by Arnab Shome
CryptoCurrency

Aussie Operator of Kraken Sued over Design and Distribution Failures

  • The Aussie regulator took action against the platform's margin trading product.
  • Kraken is "surprised and disappointed" with the regulatory action.
Thursday, 21/09/2023 | 06:22 GMT by Arnab Shome
CryptoCurrency

Kraken Fixes Ethereum Funding Gateway Issues

  • The crypto exchange reported the issue on Sunday.
  • Kraken cautioned users that the issue could cause challenges in deposits and withdrawals.
Monday, 31/07/2023 | 11:27 GMT by Jared Kirui
CryptoCurrency

Kraken Co-Founder Jesse Powell Was Investigated by FBI for Allegedly Hacking Non-Profit

  • Powell allegedly cyberstalked the Verge Centre for the Arts.
  • The case is not related to Powell's activity in the crypto industry, his lawyer said.
Friday, 07/07/2023 | 14:27 GMT by Solomon Oladipupo
CryptoCurrency

Kraken Pro Adds Crypto Futures

  • The platform now offers crypto spots, staking, and futures.
  • It lists over 90 crypto perpetual futures contracts.
Thursday, 27/04/2023 | 06:26 GMT by Arnab Shome
CryptoCurrency

Luno Closes Curtain on Singapore as Kraken Secures Irish Registration

  • Luno's Singapore exit is part of a "regular evaluation of our global strategy."
  • Kraken registration in Ireland comes amidst troubles in US.
Tuesday, 18/04/2023 | 16:31 GMT by Solomon Oladipupo
CryptoCurrency

Kraken Files Pre-Registration with Canada’s Ontario Regulator

  • OSC banned KuCoin and fined Bybit last year for operating without authorization.
  • However, Kraken says it remains committed to Canada.
Thursday, 30/03/2023 | 16:04 GMT by Solomon Oladipupo
CryptoCurrency

Kraken Crypto Exchange Sponsors Williams Racing F1 Team

  • The Kraken logo will appear on the FW45 car halo and rear wing.
  • Additionally, the Williams' car will present KrakenNFT digital art collectibles.
Wednesday, 29/03/2023 | 11:58 GMT by Damian Chmiel
News

Kraken to Suspend ACH Deposits and Withdrawals

  • Kraken has been using Silvergate Bank's Signet since 2019.
  • The exchange is now looking for another banking technology partner.
Thursday, 23/03/2023 | 11:31 GMT by Arnab Shome
CryptoCurrency

Kraken to Move from Exchange to Crypto Bank amid US Regulatory Dispute

  • Kraken Bank was initially announced almost three years ago.
  • The idea reemerges when the crypto exchange faces regulatory scrutiny in the US.
Tuesday, 07/03/2023 | 09:33 GMT by Damian Chmiel
CryptoCurrency

Kraken Shuts Staking-as-a-Service in US amid $30M SEC Settlement

  • The exchange will continue to offer staking for non-US customers.
  • The SEC raised concerns about the risks of staking-as-a-service platforms.
Friday, 10/02/2023 | 06:54 GMT by Arnab Shome
CryptoCurrency

Kraken Faces SEC Probe over Unregistered Securities Listings

  • Neither the regulator nor the exchange officially confirmed the investigation.
  • The probe is believed to be in advanced stages with possibilities of a settlement.
Thursday, 09/02/2023 | 07:31 GMT by Arnab Shome
Executives

Kraken Hires Ex-BlockFi VP, Samia Bayou, as Head of Prime Finance

  • Bayou brings about 18 years of industry experience to the role.
  • The executive's appointment comes despite continued crypto job cuts in 2023.
Friday, 13/01/2023 | 17:09 GMT by Solomon Oladipupo
CryptoCurrency

Kraken To Shut Operations in Japan by Citing 'Weak Crypto Market'

  • It urged customers to withdraw funds by 31 January 2023.
  • It will be the second time Kraken is exiting the Japanese market.
Wednesday, 28/12/2022 | 10:23 GMT by Arnab Shome
CryptoCurrency

Crypto Exchange Kraken Cuts Global Workforce by 30%

  • Kraken says the move is to help it "adapt to current market conditions.”
  • Gemini, Coinbase, BlockFi and Crypto.com have also pruned their teams in the last few months.
Wednesday, 30/11/2022 | 19:40 GMT by Solomon Oladipupo
News

Kraken Agrees to Pay $362K Fine for Onboarding Users from Iran

  • The exchange did not timely implement an automated IP blocking tool.
  • It will also invest a further $100,000 for additional sanctions compliance controls.
Tuesday, 29/11/2022 | 05:47 GMT by Arnab Shome
Executive Moves

Kraken Names Dave Ripley as CEO as Jesse Powell Becomes Chairman

  • Ripley has been working as Kraken’s COO since 2016.
  • The company is going through expansion and reportedly facing regulatory backlash.
Thursday, 22/09/2022 | 06:20 GMT by Arnab Shome
Regulation

Kraken Facing Investigation for Violating US Sanctions

  • The crypto exchange is suspected of serving residents in sanctioned countries.
  • An internal spreadsheet shared by Kraken CEO also shows it has users residing in sanctioned countries.
Wednesday, 27/07/2022 | 07:01 GMT by Arnab Shome
News

Kraken Launches Pro Mobile Staking Feature

  • Around 16 cryptos are available for staking on the exchange.
  • The process takes place in three steps.
Wednesday, 01/06/2022 | 19:47 GMT by Felipe Erazo
News

Kraken Lists Bifrost, Bonfida and Origin Protocol for US and Canada

  • BNC, FIDA and OGN were available in most countries.
  • The tokens are also listed in the Kraken Pro interface.
Tuesday, 10/05/2022 | 21:17 GMT by Felipe Erazo
CryptoCurrency

Kraken Launches Official Waitlist for Its NFT Platform

  • Kraken will offer 'Creator Earnings' in its NFT marketplace.
  • The brand-new Kraken NFT will have zero gas fees for trades on the platform.
Tuesday, 03/05/2022 | 19:44 GMT by Felipe Erazo
Regulation

Kraken Gains Abu Dhabi License to Launch Crypto Services Locally

  • The crypto exchange will launch funding and crypto trading with local fiat.
  • It will establish regional headquarters in Abu Dhabi.
Monday, 25/04/2022 | 07:16 GMT by Arnab Shome
Executive Moves

Mayur Gupta Becomes New Kraken’s Chief Marketing Officer

  • He previously worked in companies like Spotify and Kimberly-Clark.
  • Kraken plans to grow its workforce aggressively in 2022 across all areas.
Tuesday, 19/04/2022 | 19:47 GMT by Felipe Erazo
Executive Moves

Kraken Appoints Carrie Dolan as Its New Chief Financial Officer

  • Dolan worked for over 10 years at Charles Schwab.
  • She holds an MBA from the University of California Berkeley.
Tuesday, 22/03/2022 | 19:47 GMT by Felipe Erazo
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