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Kraken Agrees to Cease Staking Services for U.S. Clients
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Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.

SEC Accuses Kraken of Operating Without Registration, Alleges Mixing of Funds
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SEC Accuses Kraken of Operating Without Registration, Alleges Mixing of Funds

The SEC has accused Kraken of operating as an unregistered securities exchange, broker, dealer, and clearing agency, accusing it of commingling customer and company funds and deficient internal controls.

Kraken Seeks Dismissal of SEC Lawsuit, Citing Overreach Concerns
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Kraken Seeks Dismissal of SEC Lawsuit, Citing Overreach Concerns

Crypto exchange Kraken has requested dismissal of an SEC lawsuit, asserting that it poses a threat to commerce by overextending regulatory reach.

Kraken Hires Gemini Executive Blair Halliday As UK’s Managing Director
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Kraken Hires Gemini Executive Blair Halliday As UK’s Managing Director

Halliday comes with solid experience that will help empower digital transformation at Kraken.

Kraken Fights IRS Over Customer Information
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Kraken Fights IRS Over Customer Information

Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.

Cardano Chief Says He's Not Retiring Anytime Soon
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Cardano Chief Says He's Not Retiring Anytime Soon

Amid a wave of resignation, Cardano's Charles Hoskinson said he is not retiring soon

Kraken Exchange Acquires Non-Custodial Staking Platform Staked
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Kraken Exchange Acquires Non-Custodial Staking Platform Staked

Kraken trading platform has acquired Staked, a non-custodial staking platform for an undisclosed sum.

Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety
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Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety

Kraken, the first cryptocurrency exchange to become a bank in the U.S., has shut down its headquarters in San Francisco on grounds, that blaming local safety is hard to run a business.

Jesse Powell to Step Down as Kraken CEO
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Jesse Powell to Step Down as Kraken CEO

Jesse Powell will remain as executive chairman of the crypto exchange, focusing his time on product development and crypto industry advocacy.

Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain
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Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain

Kraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.

CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter
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CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter

In the first half of 2023, the cryptocurrency market has seen significant shifts in exchange activities, according to a comprehensive analysis by CoinMarketCap.

India's Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store
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India's Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store

India's FIU removes apps of major crypto exchanges, including Binance and Kraken, from the App Store, enforcing compliance with anti-money laundering laws amid new crypto tax policies.

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