Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute
This week’s Crypto Biz explores Coinbase’s wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States. Go to Source
Kraken
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Tether USDT trading continues across Europe despite Coinbase delisting
Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30. Go to Source
Kraken and BitGo will help distribute the first FTX payments in 2025
More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery payments distributed as early as January. Go to Source
Kraken Slammed With $5.1 Million Fine for Regulatory Breach in Australia
An Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken $5.1 million Australian dollars (AUD) for “unlawfully issuing a credit facility to more than 1,100 Australian customers.” The penalty concludes … Read more
Australia fines Kraken operator $5M for regulatory breaches
Kraken Australia operator Bit Trade must pay $5 million plus the cost of court proceedings after the Federal Court sided with the country’s corporate watchdog. Go to Source
88% of crypto holders feel they missed out on major gains — Kraken survey
The survey highlighted that 63% of holders acknowledged that emotional decisions significantly negatively affected their digital asset portfolio Go to Source
Kraken winds down NFT marketplace
Starting Nov. 27, Kraken’s NFT marketplace will transition to withdrawal-only mode. Go to Source
Judge rejects Kraken’s bid to challenge decision in SEC case
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Go to Source
Tether, Kraken, Fabric Ventures back new MiCA-compliant stablecoins
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments. Go to Source
SEC seeks dismissal of Kraken defenses in ongoing legal dispute
The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.” Go to Source
