In recent years, staking has become a way of life for cryptocurrency investors. Staking is holding funds in a cryptocurrency wallet to support the operations of a blockchain network. By doing so, user...
Tag: Kraken
Kraken Under Investigation for Allegedly Violating US Sanctions – crypto.news
Cryptocurrency exchange giant Kraken has reportedly come under federal investigation by the Treasury Department’s Office of Foreign Assets Control (OFAC), on the suspicion that the exchange offered se...
Crypto Exchange Kraken Under Investigation for Allegedly Allowing Iranian Sanction Evasion: Report
Crypto exchange Kraken is reportedly under federal investigation for allegedly violating a US sanction against Iran. The US has imposed restrictions on activities with Iran following the hostage crisi...
What The Kraken Investigations Mean For Crypto Regulation
Kraken, a cryptocurrency exchange based in the U.S., is reportedly the subject of an investigation launched by the country’s Treasury Department, with the investigation said to have been ongoing...
Treasury Investigating Kraken for Alleged Iran Sanctions Violations: Report
The U.S. Treasury Department’s Office of Foreign Assets Control is investigating cryptocurrency exchange Kraken for allegedly violating economic sanctions against Iran, according to the New York Times...
Crypto exchange Kraken under investigation for violating US sanctions: NYT
The US Treasury Department has been investigating Kraken since 2019 and is expected to impose a fine on the cryptocurrency exchange, according to a New York Times report. The firm may have violated US...
Crypto Exchange Kraken Reportedly Under Investigations For Sanctions Breach
Kraken is among the world’s largest cryptocurrency exchanges which is currently undergoing a federal investigation. The crypto exchange has been suspected of violating U.S sanctions by allowing users ...
Kraken is under investigation in the US for violating Iran sanctions
Kraken, one of the leading cryptocurrency exchanges in the US by trading volumes, is under investigation. The investigations being conducted by the US Treasury Department have been launched over Krake...
Treasury Department Investigates Kraken Over Sanction Violation
Kraken said its culture sees the weaponization of the financial system as immoral. The company also noted it would disagree with government agencies regarding outdated laws that are unfairly exclusion...
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to purchase and sell digital tokens, the New York Times ...
Kraken Crypto Exchange Under Investigation for Alleged Sanctions Violations
The New York Times reports that Kraken is under investigation by the United States Treasury’s Office of Foreign Assets Control for violating sanctions. The department is investigating whether users in...
Kraken Under Investigation for Alleged Sanctions Violations
Kraken allegedly allowed Iranian users onto the platform Jesse Powell has been vocal about his willingness to challenge regulations Treasury Department was likely to impose a fine against the exchange...
Like Binance, Kraken likely skirted sanctions to serve customers in Iran
According to sources at Kraken, the crypto exchange is under investigation by the US Treasury for potentially violating sanctions in Iran. The Treasury’s Office of Foreign Assets Control (OFAC) probe ...
After Binance, US Crypto Exchange Kraken Evaded Sanctions On Iran
After it was found earlier that Binance flouted US sanctions on Iran, another exchange was found to have repeated it. Binance continued trading service for its clients in Iran despite US sanctions, it...
Kraken Investigated for Allegedly Servicing Crypto Traders in Iran: Report
A leaked internal document reportedly showed Kraken serviced 1,522 users with residences in Iran as of June It also had users in Syria and Cuba — both of which are sanctioned by the US Cryptocurrency ...
US gov’t suspects Kraken of violating sanctions
Kraken has become the biggest cryptocurrency exchange in the United States to face enforcement action from the Treasury Department’s Office of Foreign Assets Control (OFAC). Kraken allegedly served us...
The Kraken exchange comes under investigation
According to the NYT, Kraken would be placed under investigation by the US Treasury Department for alleged violations of sanctions imposed on Iran. Kraken circumvents Iran sanctions The New York Times...
Crypto exchange Kraken investigated over suspicion of violating sanctions
Kraken, one of the largest crypto exchanges in the world, is being investigated by the U.S. Treasury Department for suspected sanctions violations, which included allowing Iranians and others to trans...
Kraken Under Investigation for Sanctions Violation: Report
Kraken – a popular US cryptocurrency exchange – is reportedly being investigated by the Treasury Department for allegedly servicing sanctioned Iranian users. The department is expected to levy a fine ...
Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the m...
Kraken Under Investigation for Alleged Sanctions Violations: Report
In February, after the Russian invasion of Ukraine, Powell pushed back against calls to freeze the accounts of Kraken’s Russian users, tweeting: “Our mission at [Kraken] is to bridge individual humans...
Treasury Investigating Kraken for Flouting U.S. Sanctions: NYT
Key Takeaways The Treasury Department is investigating Kraken for breaking U.S. sanctions, The New York Times has reported. The exchange allowed users in Iran and other banned countries to trade on it...
UAE Bank Partners with Kraken to Launch Dirhams Crypto Trading – Trustnodes
Rakbank, a bank in the United Arab Emirates with $14 billion in assets for their half a million customers, is facilitating the world’s first crypto trading in UAE’s local currency of dirhams. Rakbank ...
Kraken Analysts Outline Potential Bitcoin Surge to Staggering High of $322,478
Analysts at the crypto exchange Kraken are looking at Bitcoin’s historic price action to determine where the top crypto asset may be heading in the long run. A new report from Kraken Intelligence uses...
A Dive Into Kraken Cards, Deposit Rewards, And Staking Rewards – crypto.news
Since its inception in 2011, the online trading platform Kraken has been regarded as a leading player in the cryptocurrency world. Besides its low fees and flexible payment options, this payment servi...
Binance and Kraken On A Hiring Spree Despite Market Crash
Following reports of a number of well-known crypto companies announcing huge layoffs, popular exchanges Kraken and Binance have decided to defy the trend by recruiting aggressively. Binance, the large...
Kraken Crypto Mission a Smart Play or Cynical Marketing
As remote work, injustice, and inclusivity have become pressing topics at workplaces during the coronavirus pandemic; corporate culture conflicts have started to appear in the public eyes. Recently, K...
After Calling Women Brainwashed, Kraken CEO Now Says Women Are Not Less Intelligent Than Men
– Advertisement – The CEO of Kraken has faced a media backlash over his alleged bashing of American women. Kraken exchange CEO, Jesse Powell, is currently embroiled in a media battle to cl...
Kraken to Trail Binance in Hiring Over 500 Staffs Amid Crypto Meltdown
Kraken exchange has made a very bold revelation that it does not intend to make any layoffs despite the growing concerns about the ongoing crypto-economic meltdown. As shared in a recent blog post, Kr...
Kraken CEO is fueling a ‘corporate culture war,’ reports the New York Times
The work culture at crypto-exchange Kraken has turned toxic and CEO Jesse Powell is at the center of it, a new report from the New York Times claims. According to the report, Powell has allegedly led...