Kraken Pushes Forward on Expansion in Spain, Ireland With Key Regulatory Steps
Kraken obtained a registration from Spain’s central bank, while its Irish subsidiary secured a license.
Kraken obtained a registration from Spain’s central bank, while its Irish subsidiary secured a license.
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets.
The latest price moves in crypto markets in context for Sept. 26, 2023.
The Brussels-based crypto firm joins the likes of BitGo in being approved by standards body VQF.
DeMark indicators help market participants gauge potential inflection points in market trends and are quite popular among traders.
The guiding principles focus on customer protection and include requirements to custody client funds separately from company assets.
The former CEO who founded FTX, Sam Bankman-Fried, is probably not having a great time as he awaits his criminal trial in federal court.
In June, the exchange was told to stop serving Belgian clients by the Financial Services and Markets Authority.
The FTX founder’s requests to be released from jail started in August, when his release on bond was revoked.
The crypto industry is expected to transition into a formal, regulated asset management industry with more than $500 billion of assets over the next five years, the report said.