Kraken


Finance

Kraken Receives UAE License to Operate as a Regulated Crypto Exchange

The exchange joins several counterparts plotting moves to or gaining licenses in the United Arab Emirates.

The Abu Dhabi skyline (Nick Fewings/Unsplash)

Videos

The Significance of Kraken’s Potential Fed Master Account

Kraken Bank, a subsidiary of crypto exchange Kraken, recently received a routing number from the American Bankers Association as part of its efforts to eventually establish as a regulated bank. “The Hash” hosts discuss how this announcement relates to Kraken’s appointment of a new CFO and possible IPO rumors. 

Recent Videos

Videos

Kraken One Step Closer to Becoming an Official Bank

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a recent update on Kraken’s ongoing quest for a Federal Reserve Master Account, which would give them the same access to the global payment system as traditional banks. Plus, a conversation on how Kraken benefits from Wyoming’s unique regulatory framework for the banking industry. 

Recent Videos

Policy

Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks

Kraken Bank, the Wyoming subsidiary of the Kraken crypto exchange, received a routing number from the American Bankers Association.

CoinDesk placeholder image

Videos

Kraken Brings in New CFO, Possible IPO?

Crypto exchange Kraken has brought Carrie Dolan on as a new CFO. Dolan managed Lending Club’s initial public offering in 2014. “The Hash” team discusses if Kraken might follow Coinbase's lead and seek going public. Plus, the importance of exchanges in the crypto ecosystem. 

Recent Videos

Finance

Ukraine Asks Exchanges to Freeze Russian, Belarusian Crypto Accounts

Binance and Kraken won't freeze accounts for now, while DMarket will.

Kyiv, Ukraine, Feb. 25, 2022 (Anastasia Vlasova/Getty Images)

Finance

Regulator in Canada Warns Crypto Exchanges Not to Promote Self-Custodial Wallets: Report

The Ontario Securities Commission sent tweets from Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell to the Canadian police.

Toronto

Finance

Kraken Says Proof-of-Reserves Audit Shows $19B in Bitcoin and Ether

Crypto firms are racing to build credibility as the industry spotlight turns to proving reserves.

(Tiffany Hagler-Geard/Bloomberg via Getty Images)

Finance

Kraken to Develop NFT Marketplace Offering Token-Backed Loans

The marketplace will determine NFTs’ liquidation value before they are used as collateral.

The artists rolled into Miami with a wrapped bus touting their new NFT project. (Eli Tan/CoinDesk)

Finance

Crypto Exchange Kraken Acquires Staking Platform Staked

The crypto exchange referred to the deal as “one of the largest crypto industry acquisitions to date” but did not disclose the amount paid.

Kraken co-founder and CEO Jesse Powell