[ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH

[mich]

Cardano staking is now enabled on kraken and ada is up 10% in last 24 hours.

https://www.coindesk.com/ada-cardano-staking-kraken

[Daltonik]

TThe Federal District Court for the Northern District of California ordered the Kraken cryptocurrency exchange to provide the Internal Revenue Service (IRS) with information about US taxpayers who made transactions worth more than $20,000 per year in 2016-2020. The Department will also check whether the company complies with its obligations regarding customer identification. https://www.justice.gov/opa/pr/court-authorizes-service-john-doe-summons-seeking-identities-us-taxpayers-who-have-used-1

[Daltonik]

The Kraken exchange has launched a mobile app for retail investors in the United States. From January 2021, it is available in Europe. The app is available for mobile devices running on the iOS and Android operating systems. Customers from 176 countries and 48 states, with the exception of New York and Washington, can use it.

[Daltonik]

The CEO of the Kraken exchange, Jesse Powell, in an interview with Bloomberg, advised Tesla founder Elon Musk to better study the mining of the first cryptocurrency, since it is much more environmentally friendly than people think. He acknowledged that there may be more "green" alternatives to bitcoin. But, in his opinion, people overestimate the harm of cryptocurrency to the environment. https://www.bloomberg.com/news/videos/2021-06-17/musk-should-do-more-study-on-bitcoin-mining-kraken-ceo-video

[Daltonik]

CEO Jesse Powell in an interview with Handelsblatt reports that by the end of 2021, the Kraken cryptocurrency exchange will enter the european market. The company is negotiating with regulators in several countries to obtain an operating license. https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/boom-der-cyberwaehrungen-transaktionen-von-mehr-als-einer-milliarde-dollar-pro-tag-us-kryptoboerse-kraken-kommt-nach-europa/27498304.html?ticket=ST-11512535-kzDXqjytbp1pLrAmCF2a-ap3

[Daltonik]

The CFTC fined the Kraken exchange, the regulator accused the platform of servicing margin transactions with digital assets without registering as an authorized intermediary in futures transactions.
 According to the order, in addition to paying a civil fine of $1.25 million, the platform must "cease and desist from further violations of the Law on Commodity Exchanges in accordance with the charge."  https://www.cftc.gov/PressRoom/SpeechesTestimony/stumpstatement092821b

[Daltonik]

Kraken is considering adding a $SHIB listing after a twitter vote, which is certainly strange, but given the hype around shiba, it's not surprising. According to kraken on twitter, there are several tasks left to solve before adding $SHIB to the exchange platform.

[TheBeardedBaby]

Hey guys,

There's a shady exchange stating that it's partnering with Kraken among the other T1 exchanges. Can you guys please provide info if you have any relations with www. boterco. com (Warning This could be a scam exchange) so we can make a conclusion.

[Bitcoin_Arena]

Kraken is considering adding a $SHIB listing after a twitter vote, which is certainly strange, but given the hype around shiba, it's not surprising. According to kraken on twitter, there are several tasks left to solve before adding $SHIB to the exchange platform.

https://twitter.com/krakenfx/status/1455656082672599044

Looks like they are now going to list them according to their blog: Shiba Inu (SHIB) Deposits Are Live! Trading Starts November 30

It's business and it's all about numbers. They couldn't just watch their competitors list then token while they did nothing. After seeing one of the most cautious exchanges like coinbase list them. It no surprise that Kraken have also decided to do the same

[condoras]

Kraken is considering adding a $SHIB listing after a twitter vote, which is certainly strange, but given the hype around shiba, it's not surprising. According to kraken on twitter, there are several tasks left to solve before adding $SHIB to the exchange platform.

https://twitter.com/krakenfx/status/1455656082672599044

Looks like they are now going to list them according to their blog: Shiba Inu (SHIB) Deposits Are Live! Trading Starts November 30

It's business and it's all about numbers. They couldn't just watch their competitors list then token while they did nothing. After seeing one of the most cautious exchanges like coinbase list them. It no surprise that Kraken have also decided to do the same

Today when I get login into my account, I saw a pop-up window regarding the start of SHIB funding. Trading hasn't started yet, but because SHIB wallet is open and ready to accept deposits from any SHIB holder, the time is not far off. In the meantime, I'm curious to see which pairs Kraken will open/ have available and I don't find it strange that they decide to list it. As you said, SHIB is another prospect/ asset for them that can bring more income. Easy and simple.

[bullrun2024bro]

Kraken just listed a new project on their platform: KILT Protocol (KILT)

KILT provides a base layer for verifiable credentials in the Web 3.0 world. Using the benefits of blockchain, bringing real-world accreditation to the digital world, creating a way for businesses to verify credentials and bring trust to a deeper level.

Source: https://twitter.com/krakenfx/status/1465777655811354629 / https://www.kraken.com/prices/kilt-price-chart/

Keep in mind that KILT trading isn't available for users from the United States, Canada, Australia and Japan.

[jbdee]

Kraken closed my account, without telling me, and doesn't let me withdraw my assets, I posted more details about it:
https://bitcointalk.org/index.php?topic=5377191

To everyone, avoid Kraken at all costs.

[Daltonik]

Recently, there are more and more platforms for creating and trading and securing NFT, Kraken does not stand aside either, so Co-founder & CEO Jess Powell said that the company is working on creating an NFT marketplace that will provide a wide range of services, including lending under your NFT.
https://www.bloomberg.com/news/articles/2021-12-24/kraken-exchange-ceo-wants-you-to-borrow-against-your-cryptopunk?sref=3REHEaVI

[freigeist]

Who defines the value of the NFT on what parameters?

[Daltonik]

Kraken exchange has been audited by Proof of Reserves consulting firm Armanino. The platform has $19 billion in bitcoin and Ethereum on its balance sheet, the remaining digital assets have not been accounted for. According to the press release, this amount includes $3.5 billion blocked in ETH 2.0 staking.

source: https://www.businesswire.com/news/home/20220203005576/en/

[bbc.reporter]

This is the 2022 version of Kraken CEO, Jesse Powell on what exchanges might do if they are forced to comply by regulators. It appears between choosing the business or the security and privacy of their customers and their customer’s coins, they will not think twice to comply without a fight. The 2017 version of Jesse Powell was different because he was fighting for the users.

I speculate that this might be because the situation is changing. The government might have collected enough knowledge and legal tools to take down noncompliant exchanges and imprison or impose fines on their owners.



In a follow-up tweet, Powell warned that Kraken and other centralized crypto exchanges would be forced to comply with law enforcement if asked to freeze deposits from certain crypto addresses. In response to user @degderat asking if Kraken would be put in a position where it is told to freeze assets by the police without judicial consent, Powell responded:

“100% yes it has/will happen and 100% yes, we will be forced to comply. If you’re worried about it, don’t keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p [peer-to-peer].”

Source https://cryptobriefing.com/kraken-ceo-warns-users-to-get-your-coins-out-of-centralized-exchanges/

[dkbit98]

Source

You may want to add actual source link here, before someone reports you for plagiarism
This is crazy times to live in Canada, I could never imagine that co-founder of centralized exchange would ever suggest their customers to stop using exchange, withdraw coins from his exchange and cash out.
Nobody can protect them from crazy government, so it's time for people to mass switch to Bisq and other decentralized exchanges.

[Daltonik]

This is the 2022 version of Kraken CEO, Jesse Powell on what exchanges might do if they are forced to comply by regulators. It appears between choosing the business or the security and privacy of their customers and their customer’s coins, they will not think twice to comply without a fight. The 2017 version of Jesse Powell was different because he was fighting for the users.

I speculate that this might be because the situation is changing. The government might have collected enough knowledge and legal tools to take down noncompliant exchanges and imprison or impose fines on their owners.



In a follow-up tweet, Powell warned that Kraken and other centralized crypto exchanges would be forced to comply with law enforcement if asked to freeze deposits from certain crypto addresses. In response to user @degderat asking if Kraken would be put in a position where it is told to freeze assets by the police without judicial consent, Powell responded:

“100% yes it has/will happen and 100% yes, we will be forced to comply. If you’re worried about it, don’t keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p [peer-to-peer].”

Source

Well, in fact, Jess Powell rather sharply commented on the actions of the Canadian authorities in relation to people who expressed their disagreement, but of course it was done rather out of desperation, the authorities will not affect anything, it will not stop and ordinary users will suffer.

[bbc.reporter]

Source

You may want to add actual source link here, before someone reports you for plagiarism
This is crazy times to live in Canada, I could never imagine that co-founder of centralized exchange would ever suggest their customers to stop using exchange, withdraw coins from his exchange and cash out.
Nobody can protect them from crazy government, so it's time for people to mass switch to Bisq and other decentralized exchanges.

I have talked to the plagiarism police already and they have approved my request for an extension to find the source hehehehe.

In any case, it might not only be in Canada. The Biden administration has also declared that the will create an executive order to give the treasury department more authority to control and regulate the cryptospace. I speculate that if they do not find anything, they will invent something. Wait for news about the cryptospace and terrorist funding hehehe.

[Daltonik]

I'll leave it here because I think it's important now. Kraken exchange also joined the support of Ukraine, the most convenient way for people in a difficult situation, they made an announcement about the distribution of more than $10 million among their users from Ukraine registered before March 9, 2022 for $1000 in bitcoin, which are available for withdrawal immediately after crediting on March 10, the promotion runs from March 10 to July 1.

Source: Kraken to Distribute Over $10 Million in Aid to Clients Impacted by Ukraine Crisis