Tags : Kraken

Regulation

IRS gets access to crypto exchange Circle’s user data, targets

Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken. “Those who transact with cryptocurrency must meet their tax obligations like any other taxpayer,” said acting assistant attorney general David Hubbert of […]Read More

Bitcoin

Kraken CEO on Bitcoin: “It’s Going to Infinity”

In an interview with Bloomberg, Kraken CEO and founder Jesse Powell gave a perplexing prediction of Bitcoin’s future value: “When you measure it in terms of dollars, you have to think it’s going to infinity.” Powell was quick to justify his comment by painting a future where instead of comparing Bitcoin to fiat currencies in […]Read More

Bitcoin

‘DeFi is really eating the world of finance,’ says Kraken

The emergence of cryptocurrencies such as Bitcoin and Ethereum made it obvious how much traditional markets lack transparency and are stacked against the “little guy,” Jesse Powell, CEO of crypto exchange Kraken, told Yahoo! Finance in an interview published on Friday. “Ethereum gives you access to a whole world of decentralized smart contracts, decentralized exchanges, […]Read More