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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Coinbase Responds to New York AG’s Crypto Exchange Inquiry

Coinbase has formally responded to New York Attorney General Eric Schneiderman’s cryptocurrency exchange inquiry, and the San Francisco-based startup elected to share a portion of that response with the public. The five-page letter, which was drafted by Mike Lempres — Coinbase’ chief legal and risk officer — is an abbreviated version of the one that

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Analyst Predicts Ethereum Price to Hit a Record $2,500 in 2018

Ethereum could rise fourfold to $2,500 and have a record-setting year this year, a financial consulting firm has predicted. “The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020,” Nigel Green, founder and CEO of deVere Group,

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Show ‘Basic Respect’: Kraken CEO Double Downs on ‘Insulting’ New York Crypto Exchange Inquiry

Kraken CEO and co-founder Jesse made headlines recently for his strongly-worded response to the New York Attorney General’s request for information on the Kraken exchange, the largest bitcoin exchange based on euro volume in the world. The NYAG sent out a statement insisting that exchanges be more transparent, and issued 13 exchanges a 34 point

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‘Insulting’: Kraken CEO Refuses to Comply with New York’s Crypto Exchange Probe

Kraken CEO Jesse Powell had strong words for New York regulators who sought to compel the San Francisco-based exchange to participate in its new Virtual Market Integrity Initiative, which demands that trading platforms be more transparent. Earlier this week, New York Attorney General Eric Schneiderman began an inquiry into the operations of popular cryptocurrency exchanges.

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Crypto Exchange Giant Kraken Quits Japan Citing Rising Costs: Report

US-based cryptocurrency exchange Kraken will reportedly shutter its trading services in Japan due to rising business costs. Referencing an emailed statement from Kraken, Bloomberg is reporting that the San Francisco-based exchange operator is closing ‘all of its services’ in Japan with a tentative planned exit in June 2018. However, the exchange did leave the door

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