Tag: Kraken

Kraken is one of the leading US crypto exchanges. It’s banking arm, Kraken Financial, has reportedly secured a limited-purpose Federal Reserve account with access to core payment infrastructure, including Fedwire. If confirmed as implemented as reported, this is a landmark step in the institutional integration of crypto infrastructure into U.S. sovereign payment rails—but it is not the same as full banking parity.

US crypto exchange Kraken and Deutsche Börse Group have announced a wide-ranging strategic partnership that links crypto-market plumbing with Europe’s most regulated market infrastructure. The deal spans FX liquidity, crypto access for institutional clients, custody rails, tokenization—and (crucially) a potential path to Eurex derivatives on Kraken, subject to approvals.

U.S. crypto exchange Kraken has agreed to acquire Swiss-Jersey tokenization specialist Backed Finance AG, issuer of the fast-growing xStocks line of tokenized equities and ETFs. Media outlets report that the deal is structured as a strategic acquisition to consolidate the issuance, trading, and settlement of tokenized stocks inside Kraken’s infrastructure.

ICIJ’s new Coin Laundry investigation confirms what FinTelegram has warned for years: the world’s largest crypto exchanges have been awash with funds tied to money launderers, scam cartels, drug syndicates, and North Korean hackers – even after guilty pleas in the U.S.

Trustpilot is issuing a brutal verdict on crypto exchanges: Binance 1.4, Kraken 1.6, Bitstamp 1.7, Gemini 1.4, Blockchain.com 2.1—dominated by frozen-account horror stories and support dead ends. Only Coinbase and Bitpanda (3.9, Great) and Bybit (3.4, Average) escape “scam-level.” Fintechs like Revolut (4.6, Excellent) and Wise (4.3) show how far crypto’s CX still lags.

Despite announcing strategic investments from industry giants Tether and Kraken, StablR's stablecoin issuance has not only failed to grow but has actually declined during Q3 2025 - the same quarter Kraken announced its investment. This counterintuitive outcome reveals critical structural challenges facing small stablecoin issuers and provides a template for analyzing similar operations across the sector.

The Danish-based crypto payment provider Swapped, co-founded and headed by Thomas Franklin, has established itself not as a mere payment facilitator, but as the central nervous system enabling GamDom's illegal gambling operations across Europe. 

A new wave of crypto company IPOs is reshaping the digital asset investment landscape in 2025, driven by regulatory clarity and a surging market. Several major firms are progressing toward public listings, with some already completed and others—such as Kraken—still speculative but highly anticipated. FinTelegram summarized the current IPO landscapew.

In an official letter, the investor protection European Funds Recovery Initiative (EFRI) has urged the Malta Financial Services Authority (MFSA) to re‑examine Electronic‑Money licence of the stablecoin issuer StablR, citing undisclosed Payvision‑linked AML baggage. The call lands just days after crypto exchange Kraken proudly took a “strategic investment” in the very same issuer.

The FBI has dropped its two‑year hacking investigation, returning dozens of devices seized from Powell’s home. While he walks free, the episode re‑ignites questions about the hard‑charging libertarian who once dared employees to “hit the Jet Ski” if they found Kraken’s culture offensive

Federal authorities have officially closed their investigation into Jesse Powell, co-founder and former CEO of crypto exchange Kraken, following a two-year legal process stemming from allegations made by an arts nonprofit. The closure comes amid significant developments for Kraken, including regulatory scrutiny and a recently announced strategic investment in Maltese stablecoin issuer StablR.

On 21 July 2025 StablR announced a “strategic investment” from U.S. exchange Kraken. The press release touts €‑stablecoin EURR and $‑stablecoin USDR “live on 50+ exchanges, 150+ pairs” and claims US $3 billion in 2025 volume so far. Kraken’s VP of Product Mark Greenberg calls the deal a “next wave of crypto adoption.”