Tag: Kraken

Dutch payment technology firm Quantoz Payments has announced the launch of two new stablecoins, EURQ and USDQ, set to go live in Europe on November 21. According to a November 18 press release, EURQ and USDQ are fully backed on a one-to-one basis by fiat reserves and highly liquid financial ...

A consortium of cryptocurrency and traditional finance companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, has been established to back the latter's newest stablecoin offering, the Global Dollar (USDG).  According to a statement released on November 5 by Paxos, the newly established "open network",  called "The Global Dollar Network," aims ...

U.S.-based crypto exchange Kraken is broadening its range of crypto services for Australian customers. The expansion targets eligible wholesale clients, enabling them to gain exposure to cryptocurrency price fluctuations without directly holding the assets themselves. In a blog announcement on November 3, the crypto exchange revealed that the service is ...

The competition in the Wrapped Bitcoin (WBTC) space is intensifying, with major crypto platforms launching their own products to cater to DeFi and institutional users. U.S.-based exchange Kraken has just unveiled its version, kBTC, following Coinbase's recent debut of cBTC. In a blog post published today, October 17, Kraken announced ...

Kraken has announced it will delist Monero (XMR) for users in the European Economic Area (EEA) due to evolving regulatory obligations.  As per a blog post from the U.S.-based crypto exchange, XMR trading and deposits, including XMR/USD and XMR/EUR, will end on October 31 at 15:00 UTC for EEA-registered clients. ...

Kraken has made another strategic move to bolster its presence in Europe with its acquisition of Coin Meester (BCM), one of the Netherlands' oldest registered crypto brokerage firms. This acquisition allows Kraken to strengthen its foothold in the Dutch market while also securing a virtual asset service provider (VASP) licence ...

Jesse Powell, co-founder and chairman of cryptocurrency exchange Kraken, has announced a $1 million donation in Ethereum (ETH) to support Donald Trump's campaign in the ongoing United States presidential election. Powell shared this information in a social media post today, June 28, 2024, expressing his dissatisfaction with the current state ...

Cryptocurrency wallet addresses associated with the German federal government conducted significant Bitcoin transfers on Wednesday morning, June 26, indicating a potential intention to sell digital assets.  According to precise data from Arkham Intelligence, a trusted on-chain analytics platform, the federal authorities executed a total of 1,095.338 BTC, valued at approximately ...

Kraken and Certik are in a heated dispute over a critical platform vulnerability that might involve potential financial losses and has brought about differing accusations, including threats and theft, from both parties. In a post published on X today, June 20, 2024, Certik has denied Kraken's allegations, framing their involvement ...

Popular cryptocurrency exchange Kraken has marked a significant stride in its European expansion drive. On September 26, 2023, the exchange announced that it had secured licencing approvals from the Central Bank of Ireland and the Bank of Spain. These authorizations grant Kraken new capabilities and access within the European Union ...