Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The transaction is part of our efforts to accelerate our U.S. presence and will unlock further growth and new product opportunities for Kraken in the U.S.,”
Kraken has acquired TradeStation Crypto to help the exchange expand its footprint in the U.S. Florida-based TradeStation Crypto acquired money transmitter and other types of regulatory licenses in most U.S. states over the past few years. Cryptocurrency exchange Kraken is acquiring TradeStation Crypto, the digital asset-focused division of online brokerage TradeStation, to expand its regulatory
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10) at Chainalysis’ Links conference in New York, the Wall Street Journal (WSJ) reported Wednesday. Each of the three companies reached settlements with U.S. regulators within the
Cryptocurrency exchange Kraken has unveiled a qualified custody service for institutional clients in crypto-friendly Wyoming through the firm’s long-standing state-chartered banking license in the region. Kraken Institutional, announced on Wednesday, operates under the special purpose depository institution (SPDI) charter snagged by the exchange back in 2020. All deposits will be held in segregated accounts remote
Image Credits: Shai Askenazi Arjun Sethi speaks with the confidence of someone who knows more than other people, or else who knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that “in five years, I’ll have 50% of the world’s private data” at his fingertips, and that it
Kraken’s chief security officer wants his 400-member team to stay away from social media as he believes their presence on platforms like Twitter and LinkedIn can create security risks for the crypto exchange. Nick Percoco has allowed only a handful of people from his team to publicly confirm their roles and has instructed the rest to work
In what may turn into a massive blow for cryptocurrency sector in India, Centre’s Financial Intelligence Unit (FIU), which is under the Finance Ministry, has issued show cause notices to as many as 9 offshore cryptocurrency and virtual digital assets platforms, including Binance and Kucoin. The notifications were issued for non-compliance with anti-money laundering law.