The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency.
Category: Kraken
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Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
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.
Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada
According to customer emails, the changes will go into effect on Nov. 30.
Kraken set to acquire Dutch exchange BCM, eyes European expansion
Kraken is set to acquire the Netherlands-based cryptocurrency platform as part of its European expansion plans.
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
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.
Crypto exchange Kraken plans move into US stock trading: Report
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan.
Kraken secures money license registrations in Spain and Ireland
The move follows the crypto exchange’s successful VASP registration in Italy.
Ethereum price sees new low versus Bitcoin since switching to Proof-of-Stake
Ethereum spot ETF request, Ripple’s potential win against the SEC, and growing decentralized app dominance retain hope for ETH investors.
Australian regulator sues crypto exchange over margin trading product
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.
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway.