Cryptocurrency News Today TheBitTimes.com

After dominating the European CRYPTOCURRENCY markets, Kraken sets its eyes on the stock and ETF sectors in the U.S. and U.K. Significantly; this marks a first for the platform, which has been crypto-focused for 12 rewarding years. U.S. and U.K. Markets: Kraken’s Next Frontier Kraken unveiled its intent to commence trading in U.S.-listed stocks and ETF s by 2024. Moreover, citing well-informed sources, Bloomberg revealed the trading would occur through “Kraken Securities,” a freshly minted division. While U.K. regulatory permits are ready, Kraken is eagerly awaiting broker-dealer licenses in the U.S., having filed applications with the Financial Industry Regulatory Authority. Hence, once live, eligible Kraken users will experience a unified dashboard. It will showcase crypto, stocks, and ETF s under a consolidated balance. Additionally, this week promises another leap for Kraken with its announcement to introduce a qualified custodian for institutional clientele. T...

Fineqia International’s Matteo Greco comments on Bittrex’s $24 million SEC settle ment, drawing parallels with ongoing cases involving crypto giants Coinbase and Binance. Bittrex’s recent $24 million agreement with the SEC mirrors the one currently involving Coinbase and Binance, according to Fineqia International’s Matteo Greco. In two separate lawsuits, the SEC alleges that both Coinbase and Binance broke securities laws. Greco offers his take on how each company should proceed and whether the Ripple Labs outcome bodes well for the two crypto exchanges. You might also like: SEC appeal a bust? Judge’s ruling will favor XRP, crypto attorney predicts Bittrex resolved charges that it was offering U.S. investors access to unregistered securities. Should Coinbase do the same? Greco : Settling with the SEC is always a good idea when possible. It allows you to avoid years of lawsuits and uncertainty in the business. Ripple Labs showed how much the lawsuit has i...