SEC sues Kraken alleging it’s an unregistered exchange, mixes user funds
The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency. Go to Source
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The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency. Go to Source
The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and the crypto exchange operation without a national license, according to reports. Go to Source
According to customer emails, the changes will go into effect on Nov. 30. Go to Source
Kraken is set to acquire the Netherlands-based cryptocurrency platform as part of its European expansion plans. Go to Source
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining. Go to Source
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan. Go to Source
The move follows the crypto exchange’s successful VASP registration in Italy. Go to Source
Ethereum spot ETF request, Ripple’s potential win against the SEC, and growing decentralized app dominance retain hope for ETH investors. Go to Source
The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers. Go to Source
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source