Kraken

Kraken

Policy

SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters US Staking Program

Other platforms that offer yield-earning programs should "take note" and come into compliance, the regulator said a day after crypto exchange Kraken said it will pay a $30 million fine to settle SEC charges.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

Markets

First Mover Americas: Kraken's SEC Settlement Sends Crypto Markets Tumbling

The latest price moves in crypto markets in context for Feb. 10, 2023.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Markets

Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC

The sudden price uptick of governance tokens for the largest liquid staking protocols – Lido Finance, Rocket Pool and Frax Finance – was a counterweight to the decline of the broader crypto market.

La economía del token de ether se vería favorecida con solo una pequeña recuperación económica. (Pixabay)

Markets

Bitcoin Drops Below $22K as Kraken Agreement to Close US Crypto Staking Operations Spooks Investors

The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service.

Bitcoin price chart showed the cryptocurrency's price drop on Thursday. (CoinDesk)

Policy

IRS Seeks Court Approval to Identify Kraken Crypto Customers

The U.S. tax agency is looking to examine Kraken's books and papers.

Consensus 2018 Sponsor branding kraken (CoinDesk)

Videos

Kraken Agreed to Shutter Crypto-Staking Operations To Settle SEC Charges: Source; Sam Bankman-Fried Developments

Kraken has agreed to shut its cryptocurrency-staking operations to settle charges with the U.S. Securities and Exchange Commission (SEC), according to an industry source briefed on the matter. Plus, at a hearing in New York on Thursday, Judge Lewis Kaplan indicated that he was concerned about Sam Bankman-Fried’s ability to hide or delete his communications.

Recent Videos

Policy

Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement

The announcement by the U.S. regulator confirms a CoinDesk scoop from earlier Thursday.

Kraken CEO Dave Ripley (Kraken)

Policy

Kraken Agreed to Shutter US Crypto-Staking Operations to Settle SEC Charges: Source

The SEC is meeting in a closed-door session on Thursday.

Kraken CEO and former COO David Ripley (Kraken)

Finance

Crypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon: Bloomberg

The U.S. regulator is in the late stages of an investigation into the company's possible sale of unregistered securities, according to the report.

Consensus 2018 Sponsor branding kraken (CoinDesk)

Finance

Kraken’s Head Of Strategy: Our Business Felt Crypto Winter's Chill

Thomas Perfumo said the firm has not been insulated from the broader economy. Here's what he says the exchange wants to do next.

(PiggyBank, Unsplash)