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Crypto Facilities Becomes First Crypto Firm to Receive MTF License in the UK

Crypto Facilities, a subsidiary of Kraken, the largest cryptocurrency exchange in Europe by euro trading volumes, has become the first cryptocurrency company to obtain a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). With this new license, Crypto Facilities will be able to expand its product range and better serve institutional…

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The Markets Series – Part 5: Misconceptions & Debunking

Our previous posts built a foundation to understanding cryptocurrency markets by defining markets, trades, and liquidity. However, even with this knowledge base, it’s still easy to misinterpret market signals and activity. To help everyone avoid basic errors, we’ve prepared this post to articulate and debunk some common misconceptions.   Misconception #1: There Is a Single Price…

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Kraken Grants $150,000 to Open-Source Bitcoin Payment Processor BTCPay

At Kraken, we’re committed to supporting great open-source development, both through direct grants and full-time employment. That’s why this week Kraken sent $150,000 worth of Bitcoin to BTCPay Server, an open-source Bitcoin payment processor that’s free, secure, private and censorship-resistant, to coincide with our recognition of Micro-, Small and Medium-sized Enterprises Day on June 26th.…

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Kraken Deepens Engagement with its Crypto ‘Kindred Spirit’ Switzerland

Much like Kraken itself, Switzerland has a strong commitment to privacy and security when it comes to finances and individual affairs. Yet at the same time, it believes in individual responsibility. Strict adherence to these principles over centuries has helped Switzerland become the world’s trusted financial center. In the same vein, we used similar principles…

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Australian Dollar (AUD) Funding and Trading Is Going Live on Kraken

Great news – clients can now fund their account and trade with the Australian dollar (AUD) on Kraken! The AUD becomes Kraken’s seventh fiat currency, joining USD, CAD, CHF, EUR, GBP and the JPY.  This latest announcement follows our January 2020 acquisition of Australia’s longest-running cryptocurrency operation, Bit Trade, and represents Kraken’s continued pursuit of…