Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank, marking a significant step in its expansion from digital asset trading into traditional banking services. … [Read more...] about Kraken parent Payward to acquire European bank in push into traditional finance
Kraken delays IPO as crypto market turbulence cools investor appetite
Crypto exchange Kraken has put its highly anticipated initial public offering on hold, citing challenging market conditions that have dampened investor enthusiasm across the digital asset sector. … [Read more...] about Kraken delays IPO as crypto market turbulence cools investor appetite
Kraken expands crypto offerings with tokenized U.S. stocks and ETFs for global investors
Kraken, a prominent crypto exchange that has faced legal challenges from the U.S. Securities and Exchange Commission (SEC) over its digital asset offerings, is making a bold move into tokenized securities. The exchange announced plans to offer tokenized versions of over 50 U.S. stocks and exchange-traded funds (ETFs), including shares of major companies like Apple, Tesla, and … [Read more...] about Kraken expands crypto offerings with tokenized U.S. stocks and ETFs for global investors
Kraken to submit customer data to IRS, tightening regulatory oversight
Kraken, one of the world's largest cryptocurrency exchanges, has begun informing its users that it will start providing their trading data to the Internal Revenue Service (IRS) starting this November. This decision comes as regulatory bodies intensify their oversight over cryptocurrency transactions, underscoring the increasing scrutiny the sector faces regarding tax compliance … [Read more...] about Kraken to submit customer data to IRS, tightening regulatory oversight
Kraken is on path to launch a bank
The exchange moves forward despite recent regulatory challenges … [Read more...] about Kraken is on path to launch a bank
Kraken CEO speaks about possible IPO and over-regulation in the US
Kraken exchange would consider Japan, UK and UAE as alternative to its U.S. base … [Read more...] about Kraken CEO speaks about possible IPO and over-regulation in the US
The first crypto bank to appear in the US
Kraken exchange becomes licensed to form a bank and offer digital assets services. … [Read more...] about The first crypto bank to appear in the US
Kraken acquires Australian crypto exchange Bit Trade
Less than a month after acquiring Circle Trade, San Francisco-based cryptocurrency exchange Kraken secured Bit Trade, Australia's oldest crypto exchange. … [Read more...] about Kraken acquires Australian crypto exchange Bit Trade