Liquid Staking Tokens Rally As Kraken Settles With SEC to Sunset Staking Service
Governance tokens of the largest liquid staking protocols surged on news that U.S.-based crypto exchange Kraken had settled with the U.S. Securities and Exchange Commission (SEC) on Thursday to sunset its crypto staking service.
BTC, ETH Plunge 4% Following SEC Termination of Kraken Staking
Kraken agreed to halt the service and pay $30 million in disgorgement, prejudgment interest, and civil penalties, without admitting to or denying any wrongdoing.
Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement
Crypto exchange Kraken will “immediately” end its crypto staking-as-a-service platform for U.S. customers and pay $30 million to settle Securities and Exchange Commission (SEC) charges it offered unregistered securities, the U.S. agency announced Thursday.
IRS Seeks Court Approval to Identify Kraken Crypto Customers
The Internal Revenue Service has filed a court document seeking permission to enforce a summons for information against Kraken and its subsidiaries.
U.S. SEC Probes Kraken Over Sale of Unregistered Securities
The United States Securities and Exchange Commission (SEC) is probing major American crypto exchange Kraken over its unregistered securities offerings to U.S. investors.
SEC Cracks Down on Kraken for Offering Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has reportedly been investigating crypto exchange Kraken for possible violations of offering unregistered securities in the country. It still isn’t apparent which crypto tokens or offerings are drawing scrutiny by the financial watchdog.
Crypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon
Kraken is under investigation by the U.S. Securities and Exchange Commission (SEC) as to whether rules were broken in certain offerings to U.S. investors, reports Bloomberg.
Kraken’s Head Of Strategy: Our Business Felt Crypto Winter's Chill
Even Kraken, one of the largest centralized crypto exchanges by trading volume, hasn’t been immune to the global economy’s shifting trends, said Thomas Perfumo, its head of strategy.
Kraken’s Team Is Flush With IPO Talent, Even if It’s Not Quite the Right Time
Kraken is filling its C-suite with seasoned executives experienced in taking companies public even as the crypto and initial public offering markets are struggling through equally bad dry spells. So, what gives?
Kraken to Close its Abu Dhabi Office After Operating for Less than a Year
Crypto exchange Kraken has wound down operations in its Abu Dhabi office after less than a year in the UAE. The exchange has also suspended support for transactions in the UAE Dirham currency. But its users in the region will still be able to access the platform with their balances automatically converted from Dirhams to US dollars, which can still be withdrawn alongside other fiat currencies it supports.
