Everything web3, crypto, defi, degen
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…
Today we announced the closing of the Coin Meester B.V. (BCM) acquisition, a key element in our European growth strategy. With the acquisition of BCM, one of the Netherlands’ oldest and most respected registered crypto brokers, we have significantly expanded our Dutch footprint and enhanced our business with a registered Virtual Asset Service Provider (VASP)…
What happened Recently, an Australian Federal Court issued a judgment in a lawsuit filed by ASIC against Kraken concerning the availability of our Margin Extension product to Australian retail investors. We adamantly believe that our clients deserve access to innovative crypto products. We supported the Court’s effort to seek clarification around our Margin Extension product,…
In 2011, we embarked on a quest with a simple yet ambitious mission: to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It was the dawn of a commitment to security, innovation and transparency. Today, we stand tall as one of the largest,…
We are excited to announce we have further strengthened our leadership team with two key appointments that will help position us for continued growth amid evolving global regulatory environments. With Gilles BianRosa as Chief Operating and Product Officer (COO/CPO) and Marcus Hughes as Global Head of Regulatory Strategy, we are gearing up to double down…
The intimate conversation between two prominent crypto-sector thought leaders provided a comprehensive snapshot of how far the U.S. financial technology regulatory discussion has come. Its tone resonated through following panels with other influential crypto policy experts including SEC Commissioner Hester Pierce, CFTC Commissioner Kristin Johnson, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY), Representative Ritchie…
The complaint against Kraken alleges no fraud, no market manipulation, no customer losses due to hacking or compromised security, and no breaches of fiduciary duty. It includes big dollar amounts but does not allege a single one of those dollars is missing or misused – no ponzi scheme, no failure to maintain adequate reserves, and…
We are excited to announce we have received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, we have also successfully registered with the Bank of Spain as a Virtual Asset Service Provider (VASP). These authorizations highlight our ongoing commitment to growing our European business. The EMI license, granted to…
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…
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…
