Kraken

Highlights: Kraken is on the verge of sealing a $1.5 billion deal for NinjaTrader purchase. The acquisition will expand Kraken’s services to include crypto futures and derivatives. The deal would also boost NinjaTrader’s expansion into the UK, Australia, and continental […]

Highlights: Trump’s supportive stance on crypto fuels renewed market interest and potential IPOs. Gemini has confidentially filed for an IPO, collaborating with Goldman Sachs and Citigroup. Kraken explores a 2026 IPO, following Gemini’s lead amid a shift in crypto regulation. […]

Highlights: SEC has closed its investigation into Yuga Labs with no charges. The regulator was investigating whether specific tokens qualified as securities. SEC also dismissed its lawsuit against Kraken with no penalties or restrictions. The Securities and Exchange Commission has […]

Highlights: FTX creditors from restricted countries cannot get their funds due to issues with jurisdiction. Creditors must verify claims by April 11 to qualify for the next repayment round scheduled for May. The parents of Sam Bankman-Fried are seeking a […]

Highlights: Kraken remains in negotiations to acquire Deribit, valued between $4 billion and $5 billion. Coinbase is also exploring a potential acquisition of Deribit to expand its trading services. Kraken reported $1.5 billion in revenue in 2024 despite increased regulatory […]

Highlights: FTX will distribute funds to creditors under $50,000 starting February 18, 2025. FTX partnered with Bitgo and Kraken to distribute funds, bypassing direct payments. The firm found $345 million in non-KYC claims under $50,000, stressing compliance and fraud prevention. […]

Highlights: Kraken secures EU MiFID license after acquiring a CySEC-approved Cyprus investment firm. The license allows Kraken to offer regulated crypto derivatives in select European markets. Kraken strengthens its European presence with EMI and VASP licenses from Ireland, Spain, and […]

Highlights: Uphold resumed crypto staking in the UK after a Treasury update removed staking from strict investment regulations. Users can now stake ETH, SOL, and NEAR on Uphold with rewards up to 14.8% based on market conditions. Kraken also restarted […]

Highlights: The judge confirmed the SEC’s authority in the Kraken case and rejected the “major questions” argument. Kraken expands globally despite SEC lawsuits, plans EU entry, IPO, and partnerships. SEC pushes crypto regulation while lawsuits target Kraken, Coinbase, and Binance […]

Highlights: Judge rejects Kraken appeal as SEC lawsuit continues over unregistered crypto trading.   Kraken claims on investment contracts dismissed with discovery to decide compliance.   BIT Mining pays $14M in penalties for bribery and corruption charges.   A California judge has rejected […]

Highlights: The SEC has filed a new appeal, challenging Kraken’s earlier defense application in September. The regulatory body filed the new application on November 5, which seemed to portray disregard for American presidential elections. Reacting to the new development, Kraken’s […]

Highlights: Leading fintech firms launched the Global Dollar Network to promote stablecoin adoption using Paxos’s USDG. USDG will initially be available on select platforms, with access expanding in the coming months. The network will tackle high transaction costs and improve […]