News

Kraken testifies before Congress to push for effective crypto regulation

May 10, 2023 | News Today at 9:30am EST, Kraken’s Chief Legal Officer Marco Santori will appear before the U.S. House of Representatives in a landmark joint hearing entitled “The Future of Digital Assets: Closing the Regulatory Gaps in the Digital Asset Ecosystem.” “Advocating for the potential, and benefits, of crypto asset technology is central…

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Kraken Derivatives goes Pro

We are excited to announce that futures trading is now available in our new Kraken Pro web interface. With this upgrade, we are providing an all-in-one crypto experience that unlocks powerful trading opportunities for our clients. Kraken Pro web users can now leverage the capital efficiency of futures to gain long and short exposure, trade…

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Kraken secures Virtual Asset Service Provider (VASP) registration in Ireland

April 18, 2023 | News Kraken has successfully registered our Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP).  Kraken’s Irish VASP registration demonstrates to both our clients and regulators that Kraken follows Europe’s most robust anti-money laundering and compliance standards. Registration further underscores…

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How Kraken supports our clients

Terms like “client obsessed” and “client-centric” get thrown around a lot these days. At Kraken, these are more than just buzzwords. Since launching over 11 years ago, the support experience of our clients has been a fundamental differentiator at Kraken. Client support led by crypto-passionate specialists from around the world has been, and will continue…

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Kraken remains committed to Canada

March 30, 2023 | News We are pleased to announce that Kraken has filed a pre-registration undertaking (PRU) with the Ontario Securities Commission. This PRU is a step on the road to becoming registered as a Restricted Dealer across Canada and demonstrates our commitment to following the Canadian Securities Administrators’ recently enhanced investor protection guidance…

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Ethereum Shanghai Upgrade: What you need to know

The Shanghai upgrade is a set of changes to the Ethereum protocol that will allow users to unstake, or withdraw, their staked ether (ETH). Before the Shanghai upgrade, any ETH dedicated to staking remained locked within the Ethereum blockchain. The Shanghai upgrade will include a change to the Ethereum protocol that allows this staked ETH…

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U.S. crypto tax in 2023: What you need to know

The end of the tax year is fast approaching, and the clock is ticking for crypto holders to report their transactions to the Internal Revenue Service (IRS). In a bid to clamp down on crypto tax evasion, the IRS modified its terminology this year from “virtual currency” to “digital assets.” The new change encompasses all…