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The Weekly Hash – July 8-12

July 16, 2019 | Uncategorized This past week was certainly eventful! Check out all the important happenings this week in the world of crypto, presented by the experts at Kraken. This digest is prepared for informative purposes only and does not represent an investment recommendation or investment advice. Please see our full disclaimer at the…

News

Growing Leadership at Kraken

Kraken Lands Five Big Hires By far the most important part of Kraken’s infrastructure is the people. As we continue to work through a period of exponential growth, the main challenge is to expand our team with great people aligned to our vision of delivering the best exchange experience in the industry. We’d like to…

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Kraken’s Position on Regulation

Introduction Since 2011, Kraken has been a leader in the industry, actively developing and driving multiple self-regulatory organizations (DATA, JADA), and working with regulators to enact fair and effective rules to govern the evolving blockchain industry.  In fact, had we not laid off half the team in 2014, our legal bills would have bankrupted the…

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Kraken Acquires Glidera

Global digital asset exchange Kraken is pleased to announce the acquisition of the award-winning wallet funding service Glidera (https://www.glidera.io). Chicago-based Glidera is the world’s first non-custodial buying and selling service for wallets that has grown quickly since its launch in 2015 to integrate with 10 of the top bitcoin wallets. The terms of the deal…

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Kraken Acquires Dutch Bitcoin Exchange CleverCoin

Less than six months after acquiring both Coinsetter and Cavirtex in a landmark deal, we are pleased today to announce the acquisition of CleverCoin, one of the first Netherlands-based bitcoin exchanges. The addition of CleverCoin cements Kraken’s position as the undisputed leading exchange in Europe with the arrival of thousands of new clients, while other…

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Kraken Receives Series B Investment From Money Partners Group

We are pleased to announce an investment from Money Partners Group, one of Japan’s leading foreign exchange brokerages, in the Kraken Series B round of financing. Tokyo-based Money Partners Group is listed on the 1st Section of the Tokyo Stock Exchange and holds a current market cap of over ¥29 billion, or over $260 million…

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Kraken Acquiring Coinsetter and Cavirtex to Expand in US and Canada

Acquiring Coinsetter and Cavirtex We are pleased to announce that we are acquiring major exchanges Coinsetter and Cavirtex. NYC-based Coinsetter, founded in 2012, is one of America’s most prominent national bitcoin exchanges, and Cavirtex, founded in 2011, is Canada’s first bitcoin exchange with the highest historical trading volume. These two acquisitions set the stage for…

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Welcome Howard Bernstein as Kraken CCO

May 27, 2015 | News Kraken takes a proactive approach to compliance, in order to anticipate the evolving regulation around Bitcoin and to help ensure it is regulated in a way that protects consumers while allowing the game-changing Bitcoin ecosystem to flourish. Today we’re pleased to announce a great new addition to the team, who…

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Kraken Adds USD and GBP

October 28, 2014 | News, Product Today Kraken launched a partnership with PayCash, a Luxembourg-based leader in innovative EU focused payment solutions, to provide both US dollar (USD) and British pound (GBP) funding to its clients. These new funding options coincide with the launch of bitcoin-pound (XBT/GBP) trading. The PayCash partnership allows Kraken to leverage…