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Author Topic: Question about Kraken  (Read 589 times)
Xiaoxiao
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September 01, 2014, 09:00:50 PM
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How come they don't allow customers to deposit/withdraw from certain states within the U.S.?  How come coinbase allows every state as well as bitstamp?
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Serpens66
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September 01, 2014, 09:41:42 PM
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How come they don't allow customers to deposit/withdraw from certain states within the U.S.?  How come coinbase allows every state as well as bitstamp?
because kraken wants to be sure to make everything correct and only with the correct licenses. If they don't have all licenses to operate everywhere in the U.S, then they do not offer their services there.  (also from germany it was several month not possible).
That is what I think. To have a 100% correct answer, just ask Dargo in the Kraken thread here: https://bitcointalk.org/index.php?topic=290799.0

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September 01, 2014, 10:07:24 PM
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How come they don't allow customers to deposit/withdraw from certain states within the U.S.?  How come coinbase allows every state as well as bitstamp?
because kraken wants to be sure to make everything correct and only with the correct licenses. If they don't have all licenses to operate everywhere in the U.S, then they do not offer their services there.  (also from germany it was several month not possible).
That is what I think. To have a 100% correct answer, just ask Dargo in the Kraken thread here: https://bitcointalk.org/index.php?topic=290799.0
I think it also has to do with how they are setup to receive money. Their payment processors likely would pass along higher costs to them if they were receiving money from the US.

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September 02, 2014, 06:07:14 AM
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Kraken based in U.S., they know more about laws in different states
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