Kraken Strengthens UK Presence with FCA Regulatory Licence Kraken, one of the leading cryptocurrency exchanges in the world, has recently made a significant move by securing a regulatory license from the Financial Conduct Authority (FCA) in the United Kingdom. This strategic development not only solidifies Kraken’s position in the UK market but also demonstrates its […]
Kraken about to boost UK crypto services
Kraken Set to Revolutionize Crypto Services in the UK Kraken, one of the leading cryptocurrency exchanges globally, is gearing up to enhance its services in the United Kingdom. The move comes in response to the skyrocketing demand for crypto services in the region, with a recent survey revealing that 12% of UK adults are now […]
Kraken wins legal battle as SEC ends registration lawsuit
Kraken Wins Legal Battle as SEC Ends Registration Lawsuit In the ever-changing landscape of cryptocurrency regulations, a recent victory for Kraken, one of the leading cryptocurrency exchanges, marks a significant milestone for the industry. The Securities and Exchange Commission (SEC) has decided to end its registration lawsuit against Kraken, signaling a potential shift towards a […]
Kraken prepares for return to the Indian market
Kraken’s Strategic Moves to Re-Enter the Lucrative Indian Market Kraken, a prominent player in the cryptocurrency exchange industry, is gearing up for a significant comeback in the Indian market. This move comes after India’s Financial Intelligence Unit blacklisted Kraken and eight other exchanges due to non-compliance with Anti-Money Laundering (AML) laws. Despite this setback, Kraken […]
Kraken’s major defence dismissed in SEC lawsuit
Kraken’s Major Defense Dismissed in SEC Lawsuit The Securities and Exchange Commission (SEC) recently made a significant ruling in its lawsuit against Kraken, a well-known cryptocurrency exchange. The ruling involved the dismissal of a major defense put forth by Kraken in response to the SEC’s allegations. This development is part of the SEC’s broader efforts […]
Australian Court Fines Kraken Operator $5.1 Million
In a significant ruling for the cryptocurrency industry, an Australian court imposed a $5.1 million penalty on the operator of Kraken, a well-known global cryptocurrency exchange. This decision arose from violations related to margin trading, underscoring the ongoing scrutiny and enforcement actions taking place within the increasingly popular yet volatile world of digital currencies. The […]
### Kraken Launches Compliant Crypto Products for Australian Investors
In a significant move for the cryptocurrency market in Australia, Kraken, a leading US-based cryptocurrency exchange, has unveiled a new suite of compliant derivatives products tailored specifically for institutional investors. This initiative is designed to align with Australia’s stringent regulatory framework while providing a robust avenue for sophisticated trading strategies. The offerings, which allow wholesale […]