News

Kraken Q1 2025 financial update: Strength through market cycles

Kraken began 2025 building on 2024’s solid momentum, navigating a shifting and softening market to outperform, even growing volume share. Our sustained performance across cycles demonstrates the resiliency of our platform, which continues to attract new clients and deepen existing relationships. We took a meaningful step toward our multi-asset vision by acquiring NinjaTrader, and rolled…

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Opinion: Why there will never be another Bitcoin

By Pete Rizzo, Kraken Editor at Large Pete Rizzo is a leading Bitcoin Historian and author of over 2,000 articles on cryptocurrency. He is also an Editor at Bitcoin Magazine. The views and opinions expressed in this article are those of the author and does not necessarily reflect the views of Kraken or its management.…

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U.S. crypto taxes in 2024: fast facts

IRS tax season is officially open in the United States. April 15, 2024 is the deadline for crypto holders to report their 2023 transactions to the Internal Revenue Service (IRS). The 2023 tax year includes any activity between January 1, 2023 and December 31, 2023. Late filings, failure to pay taxes owed and crypto tax…

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Bivu Das joins Kraken as UK Managing Director

We are pleased to announce the appointment of Bivu Das as our new UK Managing Director. Bivu brings nearly two decades of commercial enterprise and fintech strategy development experience to Kraken. His arrival coincides with the UK making important strides to become a globally recognised crypto hub. Bivu will oversee our extensive network of regulatory,…

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Kraken completes SOC 2, Type I for custody and funding services

As part of Kraken’s commitment to client security, we have completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (“AICPA”) SOC 2, Type I compliance standard.  We’d like to share details about this process and how it serves our mission to be one of…

News

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…