India pulls Binance, Kraken from App Store following AML breach

India has been accused of driving crypto traders to non-compliant services with a 30% tax on gains and a 1% deduction on transactions.
India has been accused of driving crypto traders to non-compliant services with a 30% tax on gains and a 1% deduction on transactions.
Kraken’s former chief Jesse Powell called the SEC ‘America’s top decel’ following enforcement action for unregistered securities.
Kraken CEO Jesse Powell has supported shadowy stablecoin Tether since 2018. Curiously, he supported Custodia and its doomed projects, too.
Kraken agrees to pay $30 million and discontinue offering staking-as-a-service in settlement with the SEC.
Kraken head of strategy Thomas Perfumo appeared on CoinDesk TV one hour before Bloomberg broke news of an SEC probe into the crypto exchange.