[Feb 15, 2023 4:15 AM] No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country.
[Feb 14, 2023 12:36 PM] Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well.
[Feb 14, 2023 11:04 AM] Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors.
[Feb 13, 2023 3:30 AM] On Thursday, it was revealed that crypto exchange Kraken reached a settlement with the Securities and Exchanges Commission (SEC) to stop offering staking services for Ethereum and similar cryptocurrencies. This news understandably triggered a dip…
[Feb 13, 2023 3:00 AM] Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another…
[Feb 11, 2023 3:30 PM] The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of…
[Feb 11, 2023 1:30 PM] During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on…
[Feb 11, 2023 1:30 AM] JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might…
[Feb 10, 2023 1:30 PM] The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service…
[Feb 10, 2023 9:30 AM] “Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC.
[Feb 10, 2023 7:18 AM] The community wonders whether delisting XRP in 2020 was due to Coinbase’s willingness to protect customers from “government overreach.”
[Feb 9, 2023 3:38 PM] Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services…
[Feb 9, 2023 2:59 PM] The Securities and Exchange Commission (SEC) has charged Kraken with failing to register their crypto asset staking-as-a-service program.The Securities and Exchange Commission (SEC) has charged Payward Ventures, Inc. and Payward Trading Ltd…
[Feb 9, 2023 2:52 PM] “Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.
[Feb 2, 2023 11:30 AM] Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition.
[Jan 22, 2023 12:30 AM] A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a…
[Jan 18, 2023 11:04 PM] This marks the second "Big 4" bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
[Dec 28, 2022 11:30 PM] Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this…
[Dec 28, 2022 11:00 AM] The crypto winter is a drawn-out one exacerbated by the collapse of large players such as Terra and the FTX crypto exchange. As crypto businesses continue to feel the effects of the current bear market, another major player, Kraken, has been…
[Dec 11, 2022 12:30 PM] According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up…
[Dec 2, 2022 9:00 AM] On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained…
[Nov 30, 2022 4:09 PM] The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable.
[Nov 30, 2022 1:00 AM] Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its…
[Nov 29, 2022 1:37 PM] Expectations of stringent regulation and further contagion from FTX continue to weigh on ETH price, but derivatives are showing a modest improvement in sentiment.
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