Kraken

Binance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC’s amended complaint, arguing that the regulator’s approach to crypto lacks clarity and consistency. Binance claims the SEC's broad interpretation of crypto assets as securities is confusing and unfairly applied.

A $10 billion lawsuit in the UK Court of Appeal pits Bitcoin SV (BSV) holders against major exchanges, alleging collusion and missed fortunes following BSV's delisting in 2019. The case, involving six defendants and a complex legal battle, could reshape how cryptocurrency exchanges operate and set precedents for future disputes.

The "Tech Against Scams" coalition, comprising of Coinbase, Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation (GASO), has united to combat the escalating problem of online fraud and financial schemes.

The USDT stablecoin continues to be entangled with illegal forex transactions, prompting Kraken to announce that it is evaluating the possibility of delisting European Tether pairs.

Kraken may drop Tether's USDT in Europe due to impending MiCA regulations, amid regulatory scrutiny and compliance uncertainties.

Kraken aims to thwart an SEC lawsuit, arguing it would radically alter U.S. financial regulations by misclassifying cryptocurrencies as securities. Judge Orrick to decide on June 12.

Hong Kong's Securities and Futures Commission has stopped accepting crypto exchange license applications, with non-compliant exchanges facing closure by 31 May 2024. Licensed operators include OSL Digital Securities and HashKey Exchange, while notable applicants like Bybit and OKX seek approval, though platforms like Coinbase and Kraken are absent.

Kraken is challenging the SEC's case, arguing that none of the assets involved qualify as 'investment contracts'. This legal battle highlights the need for clearer regulatory frameworks in the cryptocurrency industry.

Kraken contests an SEC lawsuit alleging it operated as an unregistered exchange, arguing cryptocurrencies are commodities, not securities, in a pivotal case for crypto regulation.

Cryptocurrency exchanges have seen record volumes, with Binance leading the market with a 49% share. ByBit, Huobi, and OKX have also experienced significant growth, driven by higher cryptocurrency prices and the approval of spot Bitcoin ETFs.