Cryptocurrency Analysis and News Portal
Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada in November and December, according to multiple customer emails shared with Cointelegraph.In response to a request for comment from Cointelegraph, a Kraken spokesperson said, via email, “we constantly monitor the assets on our platform to
Read More
Cryptocurrency exchange Kraken will share selected user information with the IRS starting from the next month. According to The Block, the decision comes after it was ordered by a court order received in June. “Kraken expects to share this information covered by the court’s order in early November 2023.” The Block The IRS and
Read More
Crypto exchange Kraken signed a partnership deal with Formula 1’s Williams Racing. The collaboration aims to foster global crypto adoption. Fostering financial inclusivity Kraken expects the Formula 1 partnership to promote a shared vision for the future of finance and community engagement. As detailed in a Kraken blog post, both organizations strive
Read More
A set of malicious packages impersonating Kraken, Solana and Monero has flooded NuGet’s server as hackers launch new scams. NuGet, a manager used for packaging and distributing software written with the .NET framework, appears to be a target for bad actors seeking to exploit vulnerabilities, impersonating crypto-related packages. As first reported by
Read More
In a strategic move to bolster its European expansion, cryptocurrency exchange Kraken has announced its intention to acquire Coin Meester B.V. (BCM), a Netherlands-based digital asset broker. The planned acquisition follows the recent implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework, which governs the operations of crypto
Read More
United States-based exchange Kraken has announced a pending deal to acquire Netherlands-based cryptocurrency exchange Coin Meester B.V. (BCM) as it sets its sights on European expansion.While financial details of the deal have not been disclosed, Kraken and BCM announced the coming acquisition following the European Union’s implementation of its Markets in
Read More
Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto
Read More
Kraken plans to launch a stocks and exchange-traded funds (ETF) trading platform through a new division called Kraken Securities in 2024. Clients who meet the requirements will gain automatic access to a portfolio balance that includes stocks, crypto assets, and ETFs. While the exchange is eyeing the U.S. and U.K. markets, it will need
Read More
A foray into traditional finance by Kraken would put the exchange in direct competition with US-based trading platform Robinhood. Cryptocurrency exchange Kraken reportedly plans to begin offering trading services for exchange-traded funds (ETFs) and US-listed stocks. A September 27 report by Bloomberg stated that the exchange plans to launch its trading
Read More
Cryptocurrency exchange Kraken reportedly plans to offer users trading services for stocks listed in the United States and exchange-traded funds, or ETFs.According to a Sept. 27 Bloomberg report, the U.S.-based exchange planned to launch its trading services in the U.S. and United Kingdom sometime in 2024 through a division called
Read More