Kraken CEO Powell ‘Thanks’ New York AG For Its Crypto Research

Jesse Powell, CEO of Kraken, doesn’t like the way the New York State cryptocurrency regulators have treated him, but he doesn’t think their research is without its merits. After calling the regulators abusive in an earlier tweet today, he followed up by tweeting that the agency’s research in a recently released report has saved his

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Kraken Trolls NY Regulators, Accuses OAG of Manipulating Bitcoin Futures

Cryptocurrency exchange Kraken is not backing down from its standoff with the New York attorney general’s office (OAG). Crypto Exchange Asks Whether OAG Employees Manipulated Bitcoin Futures In a series of tweets published over the last two days, the San Francisco-based company, which operates the world’s largest 16th-largest cryptocurrency exchange as measured by daily volume,

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New York Like an ‘Abusive, Controlling Ex’: Kraken CEO Jesse Powell

Jesse Powell, CEO of cryptocurrency exchange Kraken, has lobbed another bomb at the state of New York in regard to the latter’s stance toward the crypto industry and Kraken in particular. Writing on Twitter, Powell compared New York’s crypto regulators to an abusive ex-partner who continues to stalk the company even though it left the

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Cryptocurrency Exchanges Binance, Kraken May Be Operating Unlawfully in New York: AG Report

New York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services (NYDFS) for potential violation of New York’s virtual currency regulations. The exchanges referred are Binance, Gate.io and Kraken. This was revealed in the Virtual Markets Integrity Initiative Report released earlier today by the Office of the

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Coinbase, BitGo Reaffirm Plans to Focus on Serving Institutions in Crypto

Two US-based crypto behemoths, Coinbase and BitGo, will continue to facilitate growing demand for Bitcoin from institutional investors by operating as trusted custodians. Earlier this week, BitGo was approved by South Dakota regulators to create and operate a crypto custody solution, while Coinbase established a new office in New York exclusively to handle institutional demand

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Crypto Exchange Kraken Denies Security Breach and Office Closure in Halifax, Canada

Kraken exchange has been forced to comment on a persisting rumor that a Halifax, Canada office of the crypto exchange was shut down following a security breach resulting in the loss of hundreds of jobs. A post on Reddit made by ‘throwaway34032324’ yesterday states: “Kraken Currency exchange in Halifax unit 102 at 60 Highfield park

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Kraken Mocks Coinbase, Sarcastically Claims it is Listing 1,600 Cryptocurrencies

Major crypto exchange Kraken recently released a sarcastic statement in response to the unforeseen decision of Coinbase to list five new digital currencies. As CCN reported, on July 14, Coinbase, the world’s largest crypto exchange and brokerage, announced its finalized plan to integrate Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and

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Kraken Strikes Back at Tether Price Manipulation Claims

Cryptocurrency exchange Kraken is calling foul on allegations that its tether (USDT) markets are frequently characterized by trading activity commonly associated with wash trading and other forms of market manipulation. Last week, Bloomberg published an investigative report examining trades involving tether, a “stablecoin” allegedly backed by physical U.S. dollars at a 1:1 ratio. Controversy has

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Crypto Exchange Kraken Hires Bush Administration Prosecutor as General Counsel

San Francisco-based cryptocurrency exchange Kraken has hired a former federal prosecutor appointed by President George W. Bush to serve as its general counsel. Business Insider reports that the exchange, eighth-largest in the world with a daily volume of just under $350 million, has hired Mary Beth Buchanan, the first woman and youngest-ever person appointed US

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Cryptocurrency Exchange Kraken Will “Probably” Pursue SEC Registration

San Francisco-based cryptocurrency exchange Kraken will “probably” register with the US Securities and Exchange Commission (SEC) as a broker-dealer and an alternative trading system (ATS), the company’s chief executive said on Tuesday. “We would probably get registered as a broker-dealer and then an ATS,’’ Kraken co-founder and CEO Jesse Powell told Bloomberg in an interview

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