Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown
[Mar 22, 2023 3:11 PM] The exchange says no other services will be affected by this change.
8 / 9 Relevant items tagged with #Kraken
Posts: 268
Posts
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
[Mar 12, 2023 8:30 AM] On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and…
Coinbase Stands Firm: Staking Services Will Continue Despite SEC Scrutiny
[Mar 11, 2023 8:00 PM] Even with the Securities and Exchange Commission’s position on staking, Coinbase, the popular crypto exchange, has assured its customers of continuing the service on its platform. In its email, the exchange promised that the staked amounts…
Coinbase reiterates that staking services will continue, despite SEC crackdown
[Mar 10, 2023 11:53 PM] Despite the SEC looking to crackdown on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue.
Crypto Biz: Coinbase has a lot at stake
[Feb 24, 2023 1:30 PM] Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine.
Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda
Regulators Are To Blame For All The Crisis In Crypto, Says Kraken CEO
[Feb 20, 2023 2:00 PM] Jesse Powel, the co-founder, and CEO of Kraken, a cryptocurrency exchange, thinks users should blame regulators for the ongoing crises in crypto. Kraken CEO: Are Regulators Bent On Killing Crypto? While replying to a tweet on February 20, Jesse…
The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20
[Feb 20, 2023 2:00 PM] The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement
[Feb 20, 2023 11:58 AM] According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.”
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
[Feb 19, 2023 7:00 AM] There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is…
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
[Feb 18, 2023 9:30 AM] Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law…
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
[Feb 17, 2023 11:40 PM] Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt.
SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
[Feb 17, 2023 9:12 AM] The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights?
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud
The SEC shook Kraken down for $30M, but it doesn't mean they had a case
[Feb 15, 2023 4:05 PM] Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
South Korea to examine crypto staking services following the Kraken case
[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.
Expect the SEC to use its Kraken playbook against staking protocols
[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.
Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
[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.
Regulation comes for crypto staking: Law Decoded, Feb. 6–13
[Feb 13, 2023 3:15 PM] Even the SEC Commissioner has publicly rebuked her agency over the shutdown of Kraken’s crypto staking program.
SEC Goes After Ethereum Staking, But What Happens To All The Staked ETH?
[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…
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
[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…
Coinbase will 'happily defend' staking in U.S. courts, says CEO
[Feb 12, 2023 3:15 PM] Coinbase executives claim that staking is not a security under the US Securities Act or Howey test.
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
[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…
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
[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…
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
[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…
Staking ban is another nail in crypto’s coffin — that’s a good thing
[Feb 10, 2023 2:15 PM] The SEC’s move to ban staking is going to encourage more people to move toward decentralized options beyond the agency’s reach.
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
[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…
SEC chair issues warning to crypto firms after action on Kraken staking
[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.
Community urges Coinbase to relist XRP as CEO fights for staking
[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.”
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC
[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…