Everything web3, crypto, defi, degen
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…
By Jonathan Jachym, Kraken Global Head of Policy and Government Relations Just weeks ago, I had the privilege of testifying before the U.S. House Financial Services Subcommittee on Digital Assets. It’s difficult to overstate the magnitude of the opportunity we now have to finalize U.S. market structure legislation and create a clear regulatory framework for…
At Kraken, we’re committed to offering trusted, transparent and innovative stablecoin solutions. That’s why we’re proud to work alongside Paxos, Robinhood and Anchorage as part of the Global Dollar Network to bring you USDG. Backed by Paxos, a global leader in stablecoins, USDG comes with the confidence of over $160 billion in stablecoins issued since…
Earlier this week, Bybit announced their exit from France. We’re proud to be expanding in France and across Europe, fully committed to operating in compliance with regulatory requirements. As one of the longest-standing crypto exchanges, we’ve built a strong foundation in Europe, where we are a leader in euro trading volumes and continue to prioritize…
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…
