United States Securities and Exchange Commission Chair Gary Gensler issued a warning to crypto companies to “come in and follow the law” after the agency announced a settlement with crypto exchange Kr...
Tag: Kraken
Binance, Coinbase, Kraken, and eToro confirm they have no Super Bowl ads
Ad Four cryptocurrency exchanges and trading platforms confirmed that they have not placed a Super Bowl ad in statements to Crypto Slate this week. Coinbase, which aired an advertisement during Super ...
SEC Chair Gary Gensler Blames Kraken for ‘Choosing’ Not to Follow the Law
The crypto industry uproar following the SEC’s crackdown on staking services has been heard far and wide—yet the agency’s chairman isn’t budging an inch. Speaking with CNBC’s Squawk Box on Friday, SEC...
Crypto Mom Sounds Off Against Gensler’s Attack on Kraken
Following the Securities and Exchange Commission (SEC)’s crackdown against Kraken’s staking service on Thursday, one of its members is railing against her agency’s decision. Hester Peirce – aka ‘Cryp...
1.2m ETH staked on Kraken to be unlocked after Shanghai upgrade
About 1.2 million ETH currently staked through Kraken is waiting to be released soon after the implementation of the Shanghai upgrade next month. According to data from the analytics network Dune, th...
What does the future hold for ETH staking post SEC’s Kraken ruling?
ETH tanked to a two-week low at press time. However, ETH’s staking activity was not massively impacted. The crypto space felt the pinch of yet another U.S. Securities and Exchange Commission (SEC) ru...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his tra...
SEC Commissioner Peirce: Kraken Staking Action Not a ‘Fair Way of Regulating’
Yesterday, the Securities and Exchange Commission announced its enforcement action against Kraken, forcing the crypto exchange to shut down its staking service in the U.S. and pay a $30 million fine. ...
Kraken to pay $30M Fine in SEC settlement; Shut US Crypto-staking
SEC alleged that Kraken’s crypto staking services were against US laws. Kraken will pay $30 million in settlements and shut down US crypto-staking services. Non United States customers remain unaffec...
‘Kraken Down’ — SEC commissioner rebukes own agency over recent action
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has publicly rebuked her own agency over the shutdown of crypto exchange Kraken’s crypto staking program in the United...
Charles Hoskinson Says Cardano Ecosystem Is Fine After SEC Bans Kraken US Staking Service – But There’s a Catch
Cardano (ADA) co-founder Charles Hoskinson says ADA remains on solid footing despite the U.S. Securities and Exchange Commission’s (SEC) crackdown on Kraken’s crypto-staking services. In a new Youtube...
Bitcoin realized losses hit $200M on Feb. 9 following Kraken settlement
Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit and Realized Loss. Realized Profit denotes the total profit (U...
SEC under fire for regulation by enforcement in Kraken staking action
Ad The post-mortum on Kraken’s staking enforcement by the SEC has begun. On Feb. 9, Kraken said it would end its staking service in the U.S. and disclosed paying a $30 million fine to settle allegatio...
“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken
Key Takeaways The SEC is forcing Kraken to shut down its staking services in the United States, claiming the platform failed to properly register the program. SEC Commissioner Hester Peirce disagrees ...
The SEC cracks at Kraken, Coinbase’s shares pay the price
The SEC alleged Kraken for their crypto-staking products; the crypto exchange to pay $30 M in the settlement. Coinbase argues theirs is “fundamentally different,” shares dropped nonetheless. Any abr...
Kraken reaches $30M settlement with SEC over staking as IRS seeks user information
Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs to U.S. clients. In a Feb. 9 announcemen...
Roughly $220M in liquidations driven by Kraken settlement with SEC
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Kraken crypto exchange shuts down staking
The Kraken crypto exchange, the world’s largest Bitcoin exchange in euros in terms of volume and liquidity. Has shut down its cryptocurrency staking operations following charges from the SEC. The US r...
Kraken move should put crypto industry ‘on notice,’ Gensler says
Securities and Exchange Commission Chair Gary Gensler sent another warning shot to the crypto industry this morning, just a day after the regulator said it settled with the Kraken exchange over allega...
Kraken suspends staking, SEC investigation ongoing
Crypto exchange Kraken has confirmed the shutdown of its crypto staking services as part of a settlement with the SEC. The news comes hours after Coinbase’s Brian Armstrong confirmed rumors surroundin...
Hester Peirce Lashes Out At SEC Over Strong Action on Kraken
It’s been all drama in the crypto space over the last two days with the U.S. Securities and Exchange Commission (SEC) cracking down on crypto exchange Kraken. On Thursday, February 9, the SEC asked cr...
Kraken Agreed SEC Charges & Shut Down its Staking Service
7 hours ago | 2 mins read Editors News Kraken was fined $30 million by the SEC. Kraken entities agreed to end its on-chain staking services. Following the regulator’s probe into Kraken, the crypto exc...
Kraken settles with SEC over crypto staking — is Coinbase next?
Crypto exchange Kraken has agreed to pay $30 million and discontinue offering staking-as-a-service in the US, in order to settle charges of offering an unregistered security with the Securities and Ex...
SEC Hits Kraken With $30 Million Fine, Orders Crypto Exchange to Halt Staking in US
The SEC today hit San Francisco-based cryptocurrency exchange Kraken with a $30 million fine for violating securities laws. In a Thursday announcement, the regulatory body announced the firm had faile...
Kraken Exchange Agrees to End US Crypto Staking and Pay $30 Million Fine To SEC
The Securities and Exchange Commission (SEC) has announced that cryptocurrency exchange Kraken will pay a $30 million settlement to resolve charges that it offered unregistered securities. The company...
BTC, ETH Plunge 4% Following SEC Termination of Kraken Staking
Bitcoin fell back to $22,000 on Thursday shortly after the Securities and Exchange Commission (SEC) laid charges against Kraken for the unregistered offering of its staking services. Kraken agreed to...
After Kraken, These Crypto Companies Could Be Next
In a highly controversial move, the U.S. Securities and Exchange Commission (SEC) fined crypto exchange Kraken $30 million yesterday and forced it to shut down its staking product. In a Thursday annou...
Kraken to end staking in $30M SEC settlement
Ad Crypto exchange Kraken will discontinue its staking services as part of a settlement with the SEC, according to a press release from the regulator on Feb. 9. There, the U.S. Securities and Exchange...
Kraken Exchange Review 2023- the Pros and Cons, Fees & more
Introduction Are you going to open an account in Kraken for cryptocurrency investment and trading? Not sure whether Kraken is the right exchange for you? Then read on. In this review, we will cover ev...
Kraken Settles With SEC And Ends Staking Services
The Securities Exchange Commission (SEC) charged the two Kraken crypto exchange subsidiaries, Payward Ventures Inc and Payward Trading Ltd, with failing to register and offering their asset staking-as...
Bitcoin slumps in broad sell off amid SEC charges against Kraken, regulation worries
Bitcoin sank below US$22,000 in Friday morning trading in Asia after the U.S. Securities and Exchange Commission slapped a fine on the Kraken exchange, sparking concerns that regulators are set to tak...
Kraken co-founder Jesse Powell comments on staking and SEC settlement
Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series of tweets on Feb. 9. Kraken leader comments on the settlement Y...