Bunq, a neobank operating within 30 European countries, is spreading its services and will collaborate with Kraken to include crypto trading. Having over 17 million users in Europe, Bunq has planned to introduce a crypto trading service known as Bunq Crypto. The trading service will be offered in six European
The U.S. Securities and Exchange Commission has officially dismissed enforcement actions against Kraken, ConsenSys, and Cumberland DRW LLC. On March 27, the agency filed joint ASA stipulations for dismissal with prejudice regarding the cases. This means that the case cannot be refilled, which indicates a major regulatory shift. The SEC
Kraken is finally set to acquire NinjaTrader in a $1.5 billion deal, which will expand its presence in the U.S. crypto derivatives market. The acquisition will grant Kraken access to Ninja’sTrader’s 1.8 million retail traders and a more regulated pathway into crypto futures trading in the United States. With NinjaTrader’s
Crypto exchange giant Kraken, also known as Payward Inc, is preparing for going public in 2026. According to the latest Bloomberg report, the exchange is planning for an initial public offering (IPO) in the first quarter of 2026. The company representative maintains that plans may undergo adjustments before the scheduled
The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken. The decision marks a significant shift in the SEC’s approach toward the cryptocurrency industry, following a turbulent legal period for crypto platforms. The SEC has agreed in principle to dismiss its
FTX has published a comprehensive statement on its repayment and distribution procedure. The proposals bring new liquidity into the procedure and provide certain dates for customers and creditors. FTX Repayment Details and Fresh Liquidity Injection From February 18, 2025, FTX will begin paying its creditors. The firm has set aside
FTX has started notifying creditors with claims under $50,000 about their initial fund allocation. The exchange has emailed affected creditors, informing them of the next steps to receive their payments. Sunil, a representative of FTX creditors, confirmed this update in a recent X post. FTX Claims FTX are notifying claims
Kraken to Delist USDT and Stablecoins in Europe Kraken will remove Tether’s USDT and four other stablecoins from its European market to comply with the upcoming Markets in Crypto-Assets (MiCA) regulations. The delisting will happen in stages, with complete removal set for March 31, 2025. Along with USDT, the affected
Since November 6th, following Donald Trump’s victory in the U.S. presidential election, the global cryptocurrency industry has been more excited than any other industry. To validate this, prominent companies in the cryptocurrency industry show strong support for President-elect Donald Trump by pledging millions to his inauguration fund, signaling their belief
In a major development for victims of the collapsed FTX exchange, the Court-approved Chapter 11 Plan of Reorganization is set to become effective on January 3, 2025. This huge milestone comes after over two years of the exchange’s downfall in November 2022. The Initial Distribution will be limited to holders
