Kraken Is Buying TradeStation Crypto, Expanding Cryptocurrency Exchange’s U.S. Reach
The takeover, which hasn’t been previously disclosed publicly, expands the cryptocurrency exchange’s regulatory licensing in the U.S.
Binary trading platforms with better performance and payouts
Kraken
The takeover, which hasn’t been previously disclosed publicly, expands the cryptocurrency exchange’s regulatory licensing in the U.S.
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
State law enforcement officials from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota and Texas filed a joint amicus brief – or friend of the court filing – in the SEC’s suit against Kraken on Thursday, alongside a number of industry lobbyists and other participants.
(Nikhilesh De/CoinDesk)
The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.
In this week’s edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain.