Kraken

Kraken is ending crypto-staking services to settle with the U.S. SEC. It will also pay $30 million in penalties as part of that settlement. The development casts doubt upon Coinbase that also offers staking. Kraken – the U.S. based crypto exchange was in focus today on reports that it’s bringing down the curtain on its

Gary Gensler and the Securities and Exchange Commission (SEC) have accused Kraken, a prominent cryptocurrency exchange, of violating securities laws. In response, Kraken has agreed to pay a $30 million fine and has reached a permanent agreement to cease its staking services in the United States, which has been met with disappointment from the cryptocurrency

New CCO brings three decades of financial services experience SAN FRANCISCO – Jan. 24, 2023 – Kraken, one of the world’s largest and most-trusted crypto platforms, today announced the appointment of CJ Rinaldi as Chief Compliance Officer. CJ’s decades of experience, both in traditional and decentralized finance, will further strengthen Kraken’s compliance program amid a