The Commodities Futures Trading Commission (CFTC) has filed and settled charges against Kraken for failing to register as a futures commission merchant and offering margin transactions in crypto. Kraken will pay a $1.25 million civil monetary penalty and refrain from further violations, according to a statement from the CFTC. The agency claims the crypto exchange …
After a denial last month, a federal court in the Northern District of California has authorized the Internal Revenue Service (IRS) to serve an information request to Kraken. The IRS will serve the crypto exchange with a John Doe summons, which requests user information to identify crypto holding taxpayers. The Department of Justice announced the …
IRS wins court approval to serve Kraken with a request for customer information Read More »
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Crypto exchange Kraken announced Monday that it will run its own Chainlink node to provide spot price data to decentralized finance (DeFi) applications and others. “Running our own Chainlink node will not only provide us with a mechanism to broadcast our Oracle Rates on any blockchain, but we can leverage Chainlink’s built-in cryptographic signing capabilities …
Kraken to run its own Chainlink node to provide price data to DeFi apps Read More »
Crypto exchange Kraken’s Chief Security Officer, Nick Percoco, announced the release of four new security enhancements, on the Kraken platform that will be made available to all the exchange’s customers from today. Percoco further detailed the security updates in four different features named: Security Shield, Security Checkup, Device Approvals, and Device Management, with each step …
Kraken releases new security updates to combat phishing attacks Read More »
Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true. Earlier this week, the Wyoming Banking Board voted to approve the application from San Francisco-based crypto exchange Kraken for a Special Purpose Depositary Institution (SPDI) banking charter. Yes, one of the crypto industry’s oldest exchanges …
Kraken Shows How Crypto Companies and Banks Are Evolving Together Read More »
Cryptocurrency exchange Kraken is seeking an Ethereum specialist to serve as the face of the firm’s endeavors in the ecosystem. According to a job posting, the Lead Ethereum Strategist position would have internal and external responsibilities related to the second-largest cryptocurrency. Externally, the person would be tasked with appearing in media interviews and serving as …
Crypto exchange Kraken wants to hire an Ethereum evangelist Read More »
Kraken, the cryptocurrency exchange company, has hired veteran industry lawyer Marco Santori as its chief legal officer. The exchange firm said Monday that Santori “will use his experience with regulators, banks, payment service providers, broker-dealers, and several other key industry players to drive the next phase of Kraken’s growth.” Santori previously served as Blockchain.com’s president and …
Crypto exchange Kraken taps Marco Santori as chief legal officer Read More »