Kraken Launches its Services in Belgium Through EU Subsidiary

Kraken Launches its Services in Belgium Through EU Subsidiary

Kraken, an American cryptocurrency exchange, is using its EU subsidiary to introduce its products in Belgium. Crypto exchange Kraken opens its doors to Belgium as part of its commitment to double down on its European presence. The San Francisco-based cryptocurrency exchange announced the change in a blog post on November 7. It claimed the action […]

Kraken Eyes Dutch Market Set to Acquire BCM Exchange

Kraken Eyes Dutch Market Set to Acquire BCM Exchange

Kraken has announced an agreement to purchase Coin Meester B.V. (BCM), a cryptocurrency exchange based in the Netherlands. Kraken and BCM announced the impending acquisition after the European Union implemented its Markets in Crypto-Assets (MiCA) legal framework, while financial specifics of the deal have yet to be made public. With acquiring virtual asset service provider […]

Kraken to Launch Stock Trading in 2024

Kraken to Launch Stock Trading in 2024

Crypto exchange Kraken plans to launch a new stock trading service in 2024 through a newly formed division called Kraken Securities. Customers who satisfy the criteria will have immediate access to a portfolio balance of equities, cryptocurrencies, and ETFs. While the exchange interests the American and British markets, it will require government approval to trade […]

Kraken NFT Launches Officially with Polygon Integration

Kraken NFT Launches Officially with Polygon Integration

Kraken has announced the official launch of its NFT marketplace following the successful completion of its beta testing phase. The marketplace supports over 250 non-fungible tokens (NFTs) on Ethereum, Solana, and Polygon blockchains. Initially, the platform offered support for 70 selected NFT collections hosted on Ethereum and Solana during the public beta in November. With […]

Kraken Faces Withdrawals, Deposits Delay

Kraken Faces Withdrawals, Deposits Delays

Crypto exchange Kraken disclosed that it was investigating a problem with some crypto funding gateways, including Bitcoin, Ether, and ERC-20, which caused operational delays to withdrawals and deposits.  The status page of Kraken on June 6 stated, “Deposits and withdrawals are currently delayed. We will provide any new information as quickly as possible.” The initial […]