Every Kraken IPO plan has failed
Kraken first discussed an IPO in April 2021. Nearly six years later, Kraken’s earliest IPO window might now occur in Q2 2027.
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11 stories, newest first
Kraken founder promoted Custodia’s doomed bank and stablecoin
Kraken CEO Jesse Powell has supported shadowy stablecoin Tether since 2018. Curiously, he supported Custodia and its doomed projects, too.
Kraken shutters Abu Dhabi office a year after gaining license
The move to close its Abu Dhabi office is likely part of Kraken's wider cost-cutting measures that have seen it lay off most of its MENA team.
Coinbase fined $100M over KYC and AML failures
Coinbase says it will pay $50 million to tie up the investigation and the same amount again to bring its compliance programs up to standard.
Can Kraken’s new social media project lure Crypto Twitter users?
Cryptowatch Social's creators say they want it to become the discussion center of the crypto world. But can it topple Crypto Twitter?
Like Binance, Kraken likely skirted sanctions to serve customers in Iran
Given Kraken's track record, it's hardly surprising a US Treasury probe is expected to issue fines for sanctions evasion.
Pro-crypto Custodia Bank sues the Fed for ‘unlawful’ master account delay
Caitlyn Long's Custodia Bank has officially sued the Federal Reserve over a 19-month delay in deciding on its master account application.
Binance u-turns on Russian trading ban, Kraken remains steadfast
Despite calling the measures "unethical," Binance chief Changpeng Zhao says the company "must continue to lead the industry in implementing these sanctions.”
Kraken CEO: Exchange must ban US traders if it freezes Russian accounts
Kraken's CEO, alongside other exchanges, issued warnings about storing funds with centralized custodians as Russian sanctions pile up.
Binance, Kraken will only freeze Russian crypto traders if they’re sanctioned
Binance is blocking crypto traders on sanctions lists but won’t widely ban Russian users, as it would supposedly go against crypto's values.