Latest News and Articles about Kraken
Kraken Halts Tether Trading in Europe by March 31 Due to MiCA
Kraken to Shutter Tether Trading in Europe by March 31 Kraken, a prominent cryptocurrency exchange, will halt support for Tether (USDT) and other non-compliant stablecoins for its European clients by March 31, 2024, due to the European Union’s Markets in Crypto Assets (MiCA) Regulation. This regulatory push joins Coinbase and Crypto.com in delisting Tether across […]
Read MoreKraken Relaunches Staking in U.S.: Aligns with Trump’s Pro-Crypto Policies
Kraken Relaunches Crypto Staking in the U.S., Aligning with Trump’s Pro-Crypto Policies Kraken has relaunched its crypto staking service in the U.S., expanding access to 37 states and two territories, aligning with President Donald Trump’s pro-crypto policies. This significant move aims to bolster the American crypto landscape. Kraken relaunches staking in 37 U.S. states and […]
Read MoreKraken’s Major Questions Defense Dismissed by Judge in SEC Lawsuit
Kraken’s Major Questions Doctrine Defense Dismissed in SEC Lawsuit A California federal judge has dealt a significant blow to cryptocurrency exchange Kraken in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), dismissing the exchange’s defense based on the “major questions doctrine.” Kraken’s major questions doctrine defense dismissed SEC’s regulatory authority upheld […]
Read MoreNYSE Listings Chief Predicts Crypto IPO Surge: Kraken, Circle, Telegram in Line
NYSE Listings Chief Foresees a Crypto IPO Surge Chris Taylor, NYSE’s vice president of listings and services, predicts a surge in initial public offerings (IPOs) from cryptocurrency companies, signaling a pivotal moment for the integration of cryptocurrencies into traditional finance. Crypto IPOs on the Rise Regulatory Winds of Change Notable Players in Motion SPAC Market […]
Read MoreTether’s USDT0 on Kraken’s Ink: A Game-Changer for Cross-Chain Transfers
Tether’s USDT0 Launches on Kraken’s Ink, Revolutionizing Cross-Chain Transfers Tether has launched USDT0, a new cross-chain stablecoin, on Kraken’s layer 2 blockchain, Ink, marking a significant advancement in enhancing USDT’s interoperability and liquidity. Tether launches USDT0 on Kraken’s Ink on January 16 USDT0 uses LayerZero’s OFT standard Aims to improve USDT’s interoperability and liquidity Functions […]
Read MoreKraken’s $50k Fee-Free Trading Offer Aids FTX Victims in Recovery
Kraken Offers Lifeline to FTX Victims with $50k Fee-Free Trading Incentive Kraken is extending a helping hand to former FTX clients with up to $50,000 in fee-free trading incentives as part of its initiative to distribute recovery funds following the collapse of FTX. Kraken offers $50,000 in fee-free trading and $105 in credits to former […]
Read MoreFTX Begins $16 Billion Payout: Key Details and Market Impact Revealed
FTX Payout Plan Officially Takes Effect Today, A Key Milestone for Creditors Today marks a pivotal moment for those affected by the FTX crypto exchange’s collapse, as the long-awaited repayment plan officially begins. This plan promises to redistribute approximately $16 billion back to creditors, offering a glimmer of hope while highlighting the challenges in managing […]
Read MoreEthereum Genesis Whale Moves $11.37M to Kraken, Signals Market Exit
200k Ethereum Genesis Whale Awakens: $11.37M Sent to Kraken A long-dormant Ethereum whale, who received 200,000 ETH during the 2015 genesis block, has transferred 3,370 ETH worth $11.37 million to Kraken. This latest move is part of a series of liquidations throughout 2024, indicating a strategic exit from the market. Genesis whale transfers 3,370 ETH […]
Read MoreKraken vs SEC: Legal Battle Could Redefine Bitcoin and Ether Regulation
Kraken vs SEC: Unpacking the Crypto Classification Conflict Kraken, a heavyweight in the cryptocurrency exchange landscape, is embroiled in a contentious legal dispute with the US Securities and Exchange Commission (SEC). At the heart of this clash lies a discovery disagreement that could reshape how cryptocurrencies like Bitcoin and Ether are classified and regulated. Kraken […]
Read MoreCrypto Giants Invest in Trump’s Inauguration: Seeking Regulatory Clarity or Favoritism?
Crypto Companies Fund Trump’s Inauguration: Strategic Investment or Regulatory Favoritism? The cryptocurrency industry is buzzing with curiosity and speculation as major players like Ripple, Kraken, and Coinbase have collectively poured millions into Donald Trump’s inauguration. Are these donations strategic efforts to secure favorable regulatory conditions, or simple attempts to gain favor with the incoming administration? […]
Read More