Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
Kraken
Nigeria’s SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge
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.
Looking at Kraken’s Motion to Dismiss an SEC Lawsuit
(Nikhilesh De/CoinDesk)
Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It
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.
Coinbase Pushes Back on Reports It’s Blocked in Nigeria
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
BlackRock’s Bitcoin ETF Could Attract a Record $3B Inflow in First Trading Day: CF Benchmarks
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Early Ether Investor Moves Nearly $90M ETH to Kraken
Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.
The Protocol: CZ’s out, Altman’s in, and Kraken’s Sued
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.
Binance’s Busy Day, Kraken’s Second SEC Fight
Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng “CZ” Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. Meanwhile, Kraken is facing a lawsuit from the U.S. Securities and Exchange Commission that echoes the SEC’s previous wave of suits.