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Search Results for: kraken

CZ tweets Kraken for listing BNB as Exchange expands with 19 New Tokens

Kraken Token List Kraken, the second-largest cryptocurrency exchange in the U.S., has announced that it will list 19 new tokens, including popular ones like BNB, DYDX, AR, and LQTY. The timing of this expansion is important. As many people believe that the new U.S. government under President-elect Donald Trump might

November 23, 2024 2 mins read

California’s Federal Judge Blocks Kraken’s Appeal in SEC Case

A California federal judge has rejected the crypto exchange’s request for an interlocutory appeal in its ongoing case with the U.S. Securities and Exchange Commission (SEC). Judge William Orrick issued the ruling on November 18, emphasizing that an appeal would only delay resolution without advancing the case. The SEC filed

November 19, 2024 2 mins read

SEC Seeks Dismissal of Kraken’s Key Defenses in Election Day Filing

The U.S. Securities and Exchange Commission (SEC) is seeking to dismiss critical defences raised by crypto exchange Kraken in an ongoing lawsuit. In a motion filed in the Northern District Court of California, the SEC argued Kraken had received sufficient notice of potential securities violations. The legal team, however, labelled

November 7, 2024 2 mins read

Kraken Launches New Wrapped Bitcoin kBTC as Competition Heats Up

In 2024, the global crypto market has seen significant developments, including the launch of Bitcoin ETFs and growing adoption by both institutions and governments. As we enter Q4, the momentum continues with new projects and innovations. The leading crypto exchange Kraken has joined the action by introducing its own wrapped

October 18, 2024 2 mins read

Kraken Launches Crypto Derivatives Platform in Bermuda

In order to facilitate derivatives trading, crypto exchange Kraken has established a trading platform in Bermuda. The BMA has granted Kraken the necessary license. An increasing number of people are considering Bermuda as a potential location for crypto activities. After Coinbase and HashKey Global reach the island, Kraken follows suit.

October 3, 2024 1 min read

Kraken Expands European Footprint with Acquisition of BCM

Kraken Exchange has officially announced the completion of its acquisition of Coin Meester B.V. (BCM), a Dutch digital asset broker. This strategic move underscores Kraken’s commitment to regulatory compliance and its adaptability to the evolving cryptocurrency landscape despite its legal fight with the SEC by requesting a jury trial. The

September 24, 2024 2 mins read

Kraken Demands Jury Trial in Legal Clash with SEC Over Crypto

Crypto exchange Kraken is escalating its legal battle with the U.S. Securities and Exchange Commission (SEC) by demanding a jury trial. This request, revealed in a recent court filing, comes as a California judge has ruled that the SEC’s lawsuit against Kraken will proceed to trial. The SEC first sued

September 13, 2024 2 mins read

Kraken Australia Spotlights Regulatory Uncertainty and Criticizes ASIC

In a recent blog post, Kraken Australia detailed its concerns about ASIC’s judgment, which it believes reflects the broader ambiguity in the country’s regulatory environment. According to Kraken, the ruling exemplifies the challenges that crypto businesses face in Australia, where regulations remain unclear and inconsistent. Kraken Australia’s criticism comes at

September 9, 2024 2 mins read

Ethereum Foundation Moves ETH to Kraken Amid Token Price Recovery

The Ethereum Foundation caught market attention in the past day with its significant ETH transactions. While the altcoin has struggled to surpass the $2.6K level in the past few weeks, it has exhibited modest positive momentum in the last 24 hours. Meanwhile, market conditions have turned bullish with market cap

August 24, 2024 2 mins read

U.S Court Rejects Kraken’s Request to Dismiss SEC Lawsuit

Kraken, a prominent cryptocurrency exchange, is under increasing legal pressure after a US court rejected its request to dismiss the SEC lawsuit. The most recent court filing states that US District Judge William H. Orrick rejected Kraken’s request and directed the exchange to respond to the “complaint” within twenty days.

August 24, 2024 2 mins read