News

Kraken secures UK EMI authorization; creates foundation for next phase of U.K. growth ambitions

We’re excited to announce we have officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This important milestone for our U.K. operation accelerates our growth plans and unlocks opportunities to launch even more exciting products and services to meet the evolving needs of U.K. clients.   Our EMI license strengthens…

News

A win for fairness

Today marks a pivotal moment for Kraken. The SEC staff has agreed in principle to dismiss its lawsuit against Kraken with prejudice, with no admission of wrongdoing, no penalties paid and no changes to our business. The SEC’s decision to dismiss its lawsuit against us (and many others) is more than just a legal victory…

News

Announcing the 2024 Kraken Transparency Report

We offer a variety of crypto products and services to millions of clients in 190+ countries. Last year, we received data requests from law enforcement and government agencies located in 71 countries. Combined global law enforcement and regulatory agency requests increased 38.6% in 2024 vs. 2023 U.S. agencies issued 28.6% of all data requests in…

News

Kraken welcomes Ben Gray as Chief Legal Officer

In his new role, Ben Gray will oversee our legal, compliance and enterprise risk management operations, guiding the company through the rapidly evolving regulatory landscape. He will ensure we continue to uphold the highest standards of compliance and integrity as it further expands its geographical footprint and product portfolio. Ben will report directly to our…

Uncategorized

Table stakes: Compliance is essential for crypto platforms

Kraken is committed to ensuring that we comply with applicable laws and regulations. Our commitment to compliance, and evolving to keep up with regulatory change, positions us to advance our mission of accelerating global crypto adoption to promote financial freedom. Proactive regulatory adaptation Kraken has been proactive in adapting to regulatory changes. For instance, in…