Tag: Kraken

After Reaching an Agreement With the Sec, Kraken Will Discontinue Selling Us Crypto Staking and Pay a $30 Million Penalty

As part of a settlement with authorities over claims that it failed to register the yield-bearing scheme, Kraken has agreed to halt supplying crypto...

As the Largest Cryptocurrency Exchange in the World Undergoes a “Stress Test,” Binance Sees Net Withdrawals of More Than $3,660,311,347

As rumors of a possible US probe into Binance circulate, the stress test for the largest cryptocurrency exchange by trading volume is being conducted. According...

Increasing Casualties as Crypto Winter Continues: Kraken To Sack Over 1,000 Workers

The third-largest exchange in the world by trading volume, Kraken, announced that it would reduce its workforce by 30% to address the current market...

In Order to Resolve Allegations of Iran Sanctions, Kraken Will Work With U.S. Regulators

The cryptocurrency exchange Kraken has agreed to pay a settlement fee of $362,000 to resolve claims that it violated sanctions against Iran, according to...

The Kraken Cryptocurrency Exchange Will Soon Stop Serving Customers In Russia

In accordance with the sanctions imposed by the European Union, the cryptocurrency exchange Kraken has become the most recent of its kind to restrict...

Binance appoints a compliance chief from cryptocurrency rival Kraken

Binance, the world's largest cryptocurrency exchange by spot trading volume, has hired Kraken's chief compliance officer, as the industry ramps up its compliance efforts. Steven...

Jesse Powell Resigns as Kraken CEO, a Crypto Exchange

The outspoken and frequently contentious co-founder of the Kraken cryptocurrency exchange, Jesse Powell, announced he is resigning as CEO to focus more on the...