Coinbase, Kraken, Others Form Coalition to Tackle ‘Pig Butchering’ Scams
The coalition also includes prominent crypto companies Ripple and Gemini, as well as Meta and Match Group, the parent company of dating apps Tinder and Hinge.
Binary trading platforms with better performance and payouts
Kraken
The coalition also includes prominent crypto companies Ripple and Gemini, as well as Meta and Match Group, the parent company of dating apps Tinder and Hinge.
Despite regulatory challenges, Kraken, one of the world’s largest cryptocurrency exchanges, has no plan to delist Tether’s USD stablecoin (USDT). … Continue reading
The post Kraken to keep USDT in the E.U. despite regulatory challenges appeared first on Finbold.
KuCoin has paid a fine of $41,000 and Binance’s financial penalty is still to be determined after a hearing with India’s FIU.
Lawyers of crypto exchange Kraken have told a U.S. court that claims by the U.S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a “significant reordering” of the U.S. financial regulatory structure, according to court filings submitted in the Northern District of California on Thursday.
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.
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)