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Kraken’s Non-Corporate Clients Will No Longer Be Able to Use Signature Bank
/ Banking

Kraken’s Non-Corporate Clients Will No Longer Be Able to Use Signature Bank

Kraken notified its non-corporate client they would no longer be able to make deposits and withdrawals using Signature Bank.

March 01, 2023
DeFi Staking Tokens Rise Following SEC Crackdown on Centralized Staking

DeFi Staking Tokens Rise Following SEC Crackdown on Centralized Staking

If the SEC shuts centralized stakers, this market share would be up for grabs by decentralized platforms like Lido, Rocketpool, and Frax.

February 14, 2023
Crypto Firms “Generally Not Compliant,” Says SEC’s Gary Gensler

Crypto Firms “Generally Not Compliant,” Says SEC’s Gary Gensler

After announcing the SEC’s settlement with Kraken, Gensler expressed his view that most crypto companies are not compliant and that more enforcement actions will come if they don’t register.

February 10, 2023
Commissioner Peirce Disagrees with SEC’s Latest Crypto Staking Crackdown

Commissioner Peirce Disagrees with SEC’s Latest Crypto Staking Crackdown

SEC’s Hester Peirce decided to speak out against her agency’s aggressive and unfair approach as the crypto markets reeled from regulatory assault.

February 09, 2023
Kraken Cracks Under SEC Pressure, Agrees to Pay $30M

Kraken Cracks Under SEC Pressure, Agrees to Pay $30M

The SEC announced that the cryptocurrency exchange Kraken agreed to shut down staking and pay $30 million.

February 09, 2023