News

Announcing the 2022 Kraken Transparency Report

In an effort to lead the industry in trust and transparency on our mission to accelerate the adoption of cryptocurrency, we are excited to release our 2022 Transparency Report. The 2022 Transparency Report provides a summary of how we protect our client privacy and financial freedom while complying with the legal requests we regularly receive from…

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Crypto 101: What is the blockchain trilemma

Life is full of tradeoffs. Oftentimes, we can only maximize one outcome by sacrificing another. Sometimes these tradeoffs are not exactly 1:1 tradeoffs but are part of a more complex relationship. What are some examples of a trilemma? Realtors might say: a big house, great location, affordable price – pick two Chefs might say: big…

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Can bitcoin be used for cross-border payments?

In 2008, an anonymous researcher (or team of researchers) called Satoshi Nakamoto published a nine-page research paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The document, known as the Bitcoin white paper, presented a new type of digital currency that users could use to transact without relying on financial intermediaries. Soon, people around the world discovered that blockchain…

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Kraken NFT’s Behind the Build: Global Ingenuity

Before you dive in, check out the first post in our Kraken NFT Behind the Build Series, The NFT Frontier. Sometimes we reference pseudonyms to keep our Krakenites anonymous to avoid the security risks associated with building and maintaining a crypto exchange. In September 2021, Kraken NFT received the green light to build a new…

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Kraken Appoints CJ Rinaldi as Chief Compliance Officer

New CCO brings three decades of financial services experience SAN FRANCISCO – Jan. 24, 2023 – Kraken, one of the world’s largest and most-trusted crypto platforms, today announced the appointment of CJ Rinaldi as Chief Compliance Officer. CJ’s decades of experience, both in traditional and decentralized finance, will further strengthen Kraken’s compliance program amid a…