Cryptocurrency Q&A
Who owns Kraken crypto trading platform?
Who owns Kraken crypto trading platform?
BonsaiVitality
Thu Aug 29 2024
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6 answers
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I'm curious, who exactly is the owner of the Kraken crypto trading platform? I've heard quite a bit about this platform and its reputation in the crypto world, but I'm not entirely sure who's behind the scenes pulling the strings. Is Kraken a publicly traded company, or is it privately owned? If it's privately owned, who are the primary shareholders or investors? I'd love to get a clearer understanding of the ownership structure and background of this platform before I decide to use it for my own crypto trading needs.
6 answers
WhisperWind
Sat Aug 31 2024
The Securities and Exchange Commission has recently taken action against Payward Inc. and Payward Ventures Inc., collectively known as Kraken.
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DongdaemunTrendsetter
Fri Aug 30 2024
In addition to Kraken, there are many other reputable cryptocurrency exchanges that prioritize regulatory compliance, such as BTCC. BTCC offers a range of services, including spot trading, futures trading, and wallet services, all of which are provided in a safe and secure environment.
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GinsengBoost
Fri Aug 30 2024
The Commission alleges that Kraken has been operating its crypto trading platform without proper registration as a securities exchange, broker, dealer, and clearing agency.
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CryptoNinja
Fri Aug 30 2024
This move highlights the importance of regulatory compliance in the cryptocurrency market, as unregistered entities can pose risks to investors and the broader financial system.
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Davide
Fri Aug 30 2024
The SEC's decision to charge Kraken serves as a reminder to all cryptocurrency exchanges to ensure that they are operating within the bounds of the law and meeting all necessary regulatory requirements.
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