The U.S. marketplace will likely become more cryptocurrency-friendly with industry-backed lawmakers winning in Congress and the White House this election cycle. Many crypto community experts have likened President-elect Donald Trump’s potential impact on digital assets to that of the internet boom under the President Bill...
Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized consensus mechanisms to secure transactions. But despite the sector’s troubled youth, as the blockchain and digital asset space matures, major...
Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from potential investors amid the current rally in the digital asset market, Bloomberg reported Thursday (June...
Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The transaction is part of our efforts to accelerate our U.S. presence and will unlock further...
September 21, 2022
Update: Adds background. Jesse Powell, the CEO of the first U.S. cryptocurrency exchange to receive a banking license, is stepping down. Powell made history on Sept. 16, 2020, when his San Francisco-based Kraken cryptocurrency exchange became the first crypto industry firm to receive a special-purpose depository institution (SPDI) charter from the Wyoming Division of […]
March 04, 2022
Asking cryptocurrency exchanges to block the addresses of their Russian users last weekend, Ukraine’s Vice Prime Minister Mykhailo Fedorov said: “It’s crucial to freeze not only the addresses linked to...
November 26, 2024
Cryptocurrency exchange Kraken reportedly is shutting down its non-fungible token (NFT) marketplace, saying it will move more resources into new offerings. The company unveiled its NFT marketplace about two years ago, during which time NFTs fell along with the crypto bear market but have not recovered as well as bitcoin and other tokens have, Bloomberg […]
June 06, 2024
Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from...
April 18, 2024
Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The...
April 16, 2024
Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff. The turnaround at the digital asset exchange began after...
