#Kraken

Highlights: The judge confirmed the SEC’s authority in the Kraken case and rejected the “major questions” argument. Kraken expands globally despite SEC lawsuits, plans EU entry, IPO, and partnerships. SEC pushes crypto regulation while lawsuits target Kraken, Coinbase, and Binance […]

Highlights: Judge rejects Kraken appeal as SEC lawsuit continues over unregistered crypto trading.   Kraken claims on investment contracts dismissed with discovery to decide compliance.   BIT Mining pays $14M in penalties for bribery and corruption charges.   A California judge has rejected […]

Highlights: The SEC has filed a new appeal, challenging Kraken’s earlier defense application in September. The regulatory body filed the new application on November 5, which seemed to portray disregard for American presidential elections. Reacting to the new development, Kraken’s […]

Highlights: Leading fintech firms launched the Global Dollar Network to promote stablecoin adoption using Paxos’s USDG. USDG will initially be available on select platforms, with access expanding in the coming months. The network will tackle high transaction costs and improve […]

Highlights: Kraken launches licensed crypto derivatives brokerage for wholesale clients in Australia, enhancing institutional access to crypto markets. The new service offers over 200 tradable assets with multi-collateral support, adhering to strict regulatory compliance. Kraken expansion in Australia follows regulatory […]

Highlights: Kraken has elicited a workforce overhaul that involved laying off some workers and promoting some. Arjun Sethi became a co-CEO at Kraken as the exchange seeks new heights in the global market. The co-CEOs spoke on eliminating layers while […]

Highlights: Kraken launches own Wrapped Bitcoin token, kBTC, fully backed 1:1 by Bitcoin, expanding its utility on Ethereum and OP Mainnet. kBTC enables Bitcoin holders to interact with DeFi applications, bridging Bitcoin with other blockchain networks. To ensure security and […]

Highlights: Mt. Gox extends creditor repayment deadline to 2025, easing immediate concerns in the crypto market. Creditors still face challenges in the repayment process as Mt. Gox struggles with delays and complications. The collapse of Mt. Gox in 2014 due […]

Highlights: Kraken launched a regulated derivatives platform in Bermuda, offering over 200 contracts, including perpetual and fixed-maturity futures. Bermuda’s clear regulatory framework attracts major crypto firms like Kraken, Coinbase, HashKey Global, and Binance. Kraken is expanding offshore after facing regulatory […]

Highlights: Kraken to delist Monero in the EEA due to regulatory changes, halting trading and deposits by October 31, 2024. Users can withdraw Monero until December 31, while the remaining balances will convert to Bitcoin at market rates. Regulatory pressures, […]

Highlights: Kraken acquires BCM, a Dutch crypto broker, expanding its European footprint and services before MiCA regulations take effect. The acquisition enhances Kraken’s registered VASP status in France and Poland, strengthening compliance and client experience. BCM clients will access Kraken’s […]

Highlights: Kraken challenges the SEC’s authority, arguing digital assets are not securities under the Securities Act and Exchange Act. Kraken seeks a jury trial, maintaining its stance that it did not violate federal securities laws. SEC lawsuit against Kraken proceeds […]