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Crypto Exchanges Soon Could Be Forced to Block Russian Users - Kraken CEO


  In the aftermath of the Western sanctions on Russia due to its invasion of Ukraine, crypto exchanges could be soon required to freeze the accounts of their Russian customers, according to Kraken CEO Jesse Powell.  He was replying to a recent request put forward by Ukrainian Deputy Prime...

Canadian Regulator Reports Coinbase, Kraken CEOs' Crypto Custody Tweets


  The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their...

Brace for Green February, Kraken Tells Bitcoin Hodlers as BTC Tests USD 45K


  Despite January being the historically worst performing month for bitcoin (BTC), the coin’s -19% return for the month this year “did not live up to expectations,” crypto exchange Kraken said. But if history is a guide, February should be better for BTC investors, with average returns of +17%...

How to Invest in Crypto Exchanges: Top 3 Options


  If you want to gain investment exposure to the burgeoning digital asset industry, you could invest in cryptocurrency exchanges.  Crypto exchanges are at the center of the global crypto markets and are among the most profitable and fastest-growing companies in the industry, making them...

Kraken Working on Marketplace Where Customers Take Loans Backed by NFTs


Kraken recently announced developing a marketplace where customers can use NFTs as collateral to take loans. The venture aims to release the platform in February 2022 at the earliest. With the development, Kraken is directly challenging FTX Exchange and Binance, which are already running...

Kraken Set To Let Users Borrow Funds Against Their NFTs


  US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company's CEO, Jesse Powell. “If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your...

Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked


The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires...

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