Kraken to Halt XRP Trading for U.S. Residents

Given the recent SEC filing against Ripple Labs Inc., we are halting XRP trading for U.S. residents no later than January 29, 2021 at 5pm PT (January 30, 2021 at 1:00 UTC). We may begin implementing this process at any time on January 29, 2021,...

2 min read

Update on Ethereum 2.0 Staking Rewards

  Last month Kraken launched its Ethereum 2.0 staking service, which makes it easy for ETH holders to earn rewards of approximately 5% or more and help support the upgrade to Ethereum 2.0.  Staking is an opportunity that is only appropriate for clients who want...

5 min read

Kraken Files Formal Response to Last-Minute US Government Crypto Rulemaking

Kraken recently warned of the deficiencies in a proposed U.S. government rulemaking. Today, Kraken is publishing its official response. Kraken believes the proposed rule would be bad for America and for the world. It would be a substantial departure from existing law. It would require...

1 min read

Going Global: Kraken’s 2020 Year in Review

  2020 proved a wild year for digital asset investors as prices swung from steep lows to all-time highs, but Kraken navigated a steady course and continued to shepherd industry growth. As you prepare for the year ahead (one our VIP clients think will bring...

4 min read

Join the Kraken X-Mas Party with 3LAU – Live in Decentraland!

We are excited to invite you to the Kraken HQ X-Mas Party in Decentraland with the hottest DJ in the space, 3LAU! Collect limited edition Epic, Legendary & Mythic NFT wearables and dance the night away with your friends. You can either attend as a...

2 min read

FinCEN’s New Rule Is About to Wall Off the Poor from Our Financial System Forever

The Financial Crime Enforcement Network’s (FinCEN) rules already prohibit financial institutions from opening accounts for homeless, unhoused and refugee populations who don’t have physical mailing addresses. Now, FinCEN has proposed a new rule that would prohibit those who are fortunate enough to have accounts from...

4 min read

The Graph (GRT) Trading is Now Available

We’re pleased to announce that The Graph (GRT) trading is now available! Note: GRT trading is not available in the US and Canada at this time. What is The Graph (GRT)? GRT is an Ethereum (ERC-20) token that powers The Graph, which is a decentralized...

2 min read

Kraken CEO Jesse Powell Named to Coindesk’s 2020 ‘Most Influential’ List

Kraken CEO Jesse Powell has made it his mission to ease the adoption curve for new cryptocurrency investors and traders – and that vision is having an industry-wide impact.  In fact, Coindesk, one of the market’s leading publications, has recognized Jesse by selecting him as...

2 min read

A Need for Speed: Kraken to Launch Bitcoin Lightning ⚡️ Integration in 2021

Kraken is excited to announce new investments and forthcoming features designed to bring the benefits of Bitcoin’s Lightning Network to our global exchange.  Building on Bitcoin’s blockchain technology, the Lightning Network will help the world’s largest cryptocurrency scale to process millions of transactions per second,...

2 min read

Kraken CEO Jesse Powell Talks Bitcoin’s Price Surge and DeFi Support

Bitcoin has returned to all-time highs, and with it, cryptocurrencies are again garnering attention from investors and legislators alike.  To help educate the public on these pressing trends, Kraken CEO Jesse Powell joined Yahoo Finance Live last Friday to discuss these topics within the context...

2 min read