Jesse Powell stepped down and was replaced by COO Dave Ripley. Kraken does not need to file with the U.S. SEC as per Ripley. To the SEC’s dismay, Kraken’s new CEO has put forward the exchange’s stand. Kraken stated on September 21 that current CEO Jesse Powell will be stepping
The exchange’s COO, Dave Ripley, has been promoted to CEO, replacing Powell. Kraken was established in 2011 and has its headquarters in San Francisco. According to the company, Jesse Powell, co-founder and CEO of cryptocurrency exchange Kraken, has left his position. Moreover, the exchange’s COO, Dave Ripley, has been promoted
Kraken exchange platform holds customers from the country listed in Sanction. Around 2K “verified accounts” are from Iran, Syria, and Cuba. Kraken, a notable crypto exchange, has been under investigation by the U.S Treasury Department. The investigation is due to the suspension of the platform for allowing users from restricted
The Abu Dhabi Global Market recently awarded Kraken a license, making the Middle East a popular destination for crypto exchanges. Kraken claims to be the first global virtual asset exchange organization to have a full financial license from the ADGM in the United Arab Emirates. As a result, the Abu
Brian Powell, criticized the government’s response to the demonstrators’ acts. CEOs are legally obliged to conduct Know Your Customer (KYC) checks. Bitcoin and other cryptocurrencies are still being used to support demonstrators in Canada. For some of the demonstrators, Prime Minister Justin Trudeau’s recent invocation of the Canada Emergencies has
A new price discovery wave for the fourth crypto asset is underway. Solana’s recent dip may be a bullish sign. Solana seems to be facing one of the disadvantages of being the alpha dog. This is the fifth-largest cryptocurrency in market capitalization and has suffered another blockchain attack. Throughout the
Institutional fund flows to Bitcoin increased last month. Both predict that bitcoin will hit $100,000 by the end of Q4. Kraken is the largest global digital asset exchange by euro volume and liquidity. Kraken’s global customer base trades over 60 digital assets and seven fiat currencies. More than 7 million
The regulator claims Kraken accepted client trades and funds. Kraken was the sole margin provider and held all client assets physically. The CFTC fined crypto exchange Kraken $1.25 million for illegally offering some products. Between June 2020 and July 2021, Kraken, fined for facilitating margined retail commodity transactions in digital
Have you ever wondered where one could learn about cryptocurrency and its industry? Mostly we used to discuss with our friends, colleagues or at times a distant crypto enthusiast friend. One can also indulge in gaining ample knowledge by investing a mere amount and start crypto trading too. Are there
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