- November 21, 2023
The Securities and Exchange Commission (SEC) has charged Kraken with running an unregistered cryptocurrency exchange.
The SEC’s complaint, filed Monday (Nov. 20), accuses Kraken of making hundreds of millions of dollars since 2018 by illegally facilitating crypto ...
- October 2, 2023
This month’s edition of PYMNTS’ Provider Rankings of Cryptocurrency Apps reflects leaps from Bybit, Huobi and Bitpay.
The top spots remain consistent, but who knows what next month will bring? Let’s ...
- August 22, 2023
To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup.
Binance.US has faced numerous legal and ...
- July 2, 2023
A federal judge has ordered cryptocurrency exchange Kraken to release customer information to the IRS.
The Internal Revenue Service had asked for information to determine if Kraken’s customers had understated their revenues when filing ...
- February 12, 2023
PayPal is reportedly pausing its stablecoin project amid heightened scrutiny around the cryptocurrency industry.
The payments company had wanted to unveil the stablecoin in the next few weeks, Bloomberg News reported ...
- February 10, 2023
Kraken is ending its cryptocurrency staking service for U.S. users as part of a settlement.
The settlement with the Securities and Exchange Commission (SEC), which included $30 million in penalties and ...
- December 15, 2022
As FTX news piles up, scrutiny is growing over rival exchange Binance’s operations.
Already, jittery users have withdrawn billions in funds from the world’s largest cryptocurrency exchange by trading volume due to fears that ...
- December 7, 2022
The incoming CEO of crypto exchange Kraken says FTX founder Sam Bankman-Fried is an alleged “fraudster.”
“We have information to know that fraud was committed there,” Dave Ripley told Bloomberg Television. “It’s ...
- November 30, 2022
Cryptocurrency exchange Kraken has laid off 1,100 employees in response to the current crypto winter.
The reduction amounts to 30% of the firm’s global workforce and takes its staffing level back to ...
- November 29, 2022
A British court has ordered six cryptocurrency exchanges to help a rival track stolen funds.
The six exchanges — each of which own or operate accounts to which the stolen funds ...
- November 28, 2022
The U.S. Treasury Department has officially reached a settlement with crypto exchange Kraken over alleged transactions in Iran.
In a statement released by the Treasury’s Office of Foreign Assets Control (OFAC) ...
- September 23, 2022
Although the Securities and Exchange Commission (SEC) has identified some tokens as securities and called for cryptocurrency platforms to register with the agency as exchanges, crypto exchange Kraken reportedly does ...
- September 21, 2022
Update: Adds background.
Jesse Powell, the CEO of the first U.S. cryptocurrency exchange to receive a banking license, is stepping down.
Powell made history on Sept. 16, 2020, when his San Francisco-based ...
- July 26, 2022
Some U.S. senators are trying to make it simpler for U.S. citizens to track taxes when buying or selling crypto with a new bill.
The bill, called the Virtual Currency Tax ...
- June 16, 2022
In the first half of a panicky week in the crypto industry, the news was all focused on what could go wrong with weak businesses.
In the second half, however, the ...
- May 11, 2022
How many wallets do you want?
It’s a simple question, and for the vast majority of people, the answer is “one.”
In the last two days, two of crypto’s biggest names, Coinbase ...
- May 4, 2022
Welcome to PYMNTS’ new weekly report on all things non-fungible token (NFT).
NFTs carrying art, video, audio and other media files have gotten a lot of hype thanks to some outrageous ...
- April 25, 2022
Dogecoin has surged by 9% after the news that Elon Musk, a noted and vocal supporter of the cryptocurrency, bought Twitter, Coindesk reported Monday (April 25).
The report notes that DOGE ...
- April 25, 2022
Just as the legal and regulatory landscape is being created in the U.S., EU and around the world, law firms and corporations are having a lot of trouble finding lawyers ...
- March 28, 2022
The banking arm of cryptocurrency exchange Kraken is one step closer to gaining full access to the global payments system.
By granting a routing number to Kraken Bank, the American Bankers ...
- March 4, 2022
Asking cryptocurrency exchanges to block the addresses of their Russian users last weekend, Ukraine’s Vice Prime Minister Mykhailo Fedorov said: “It’s crucial to freeze not only the addresses linked to ...
- February 28, 2022
The Ukrainian government has been buying important supplies, including gas, food and military equipment, using cryptocurrencies, CoinDesk reported Monday (Feb. 28).
The coins were donated during the Russian military invasion in ...
- December 27, 2021
Back in March, Bridge Oracle CEO Sina Estavi bought a non-fungible token (NFT) of now-former Twitter CEO Jack Dorsey’s first tweet for $2.9 million. How much would you loan him ...
- September 29, 2021
Cryptocurrency exchange Kraken will pay $1.25 million to settle Commodity Futures Trading Commission (CFTC) charges that it allowed customers to illegally trade margin products related to bitcoin or other cryptocurrencies, ...
- June 2, 2021
Google in August will adjust its rules on cryptocurrency-related advertisements, first laid down in 2018, according to an update to its advertising policies page.
Exchanges and wallets will be allowed to ...
- April 8, 2021
Bitcoin exchange Kraken is looking at going public via a direct listing next year, CNBC reported.
The recent surge in bitcoin’s value has contributed to Kraken’s plans, as the company is ...
- March 4, 2021
Merchants can now accept cryptocurrency payments through Bitfinex Pay, a new contactless and borderless payment technology launched by Bitfinex on Thursday (March 4).
With Bitfinex Pay, online shoppers can pay via ...
- February 28, 2021
MIT’s Digital Currency Initiative has launched a new four-year bitcoin software and security effort research and development program, according to a company announcement.
The program is aimed at continuing “to harden ...
- January 31, 2021
India is looking into a new bill that could ban private cryptocurrencies in favor of a national digital coin, a report says.
The bill, titled the “Cryptocurrency and Regulation of Official ...
- July 6, 2020
Travala.com, the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to CoinDesk.
The feature was shelved at ...
- April 30, 2020
Telegram delayed its TON blockchain rollout, which moves its date to go live to next year and sparks an expensive clawback measure, CoinDesk reported.
The app is reportedly willing to give ...
- February 5, 2020
Clear, a startup that wants to build blockchain for huge-volume transaction systems like telecommunications companies, has announced a $13 million Series A funding round, according to reports. The funding round was ...
- February 5, 2019
Kraken has bought a trading startup called Crypto Facilities in a deal described as a “nine-figure” acquisition, CoinDesk reported. Through the deal, users of Kraken will be able to use ...
- January 8, 2019
Leafbuyer Technologies said on Monday (Jan. 7) that it has rolled out the first part of a blockchain initiative that has multiple phases, according to an announcement. With the launch, ...
- March 7, 2018
As social media companies focus on preventing harmful content from spreading across their platforms, Twitter seeks to stop cryptocurrency scams from circulating as well. But it’s not clear exactly which measures ...
- February 14, 2018
While investors are worried that the price of bitcoin might be artificially held high, a head of a cryptocurrency firm is not concerned, CNBC reported. Until the market matures, cryptocurrency ...
- January 15, 2018
Kraken, a large cryptocurrency exchange, was pulled down last week for maintenance that was scheduled to last as long as five hours, but stayed offline for more than two days.
According ...
