Everything web3, crypto, defi, degen
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…
Guy Hirsch is Kraken’s new Managing Director for North America and he joined the Kraken team this month after building crypto businesses at Samsung and eToro. He’s an experienced operator in the crypto space and has some forward-looking ideas about the future of the industry. Hirsch will oversee Kraken’s businesses across North America and will…
When Satoshi Nakamoto released the Bitcoin white paper on this day in 2008, they proposed a novel system for a global digital form of money. The leaderless, nonpartisan network of Bitcoin nodes now maintains a truly borderless and permissionless monetary system. Since the very first Bitcoin block was created in the wake of the 2008…
If 2020 was the year of the bull, 2021 was the year that crypto went mainstream. In the past twelve months, we’ve witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention new all-time highs. As we head into 2022, the Kraken Intelligence team revisited some of the past year’s most notable market…
When is the last time a bank put customer needs, security and open access to all first? David Kinitsky, Kraken Bank CEO, outlined eight reasons why consumers need a customized banking structure that modernizes the products and services we all utilize on a daily basis. To design the blockchain-based system that will be “more secure than…
First revealed last September, Kraken is quietly hard at work gearing up to launch Kraken Bank. This exciting new venture is helping to shape the landscape for both Bitcoin and other cryptocurrency services – and the banking industry – well into the future. While we can’t reveal all the details yet, we sat down with…
Kraken is thrilled to announce that Miha Grčar, a pioneer of the cryptocurrency exchange sector, will officially be joining our team as Head of Business Development. For the better part of the last decade, Miha has helped Bitstamp gain recognition as a licensed financial institution in Europe, experience that will prove integral as he helps…
