Kraken, a Bitcoin exchange, has announced its launching in Japan, aiming itself at the nation’s large number of finance professionals and active traders.
In the interview with Bloomberg, Powell noted that Kraken currently has “no reason” to raise new capital. The CEO, however, pointed out that the company may seek to accelerate its acquisitions.
Kraken also mentioned the company’s plans to support technologies such as AI, machine and deep learning, and cybersecurity.
Some other services offered by the Fed were also disrupted some of which include, FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web and FedMail.
BitPay has submitted the complete paperwork work to the US OCC to establish a federally-regulated bank in Georgia.
MEW has become the first Ethereum wallet to announced staking with the PoS Ethereum 2.0. The service launch comes in partnership with Staked who will be running validator nodes on behalf of MEW.
Acknowledging that the guidance is necessary for protecting customers in the US, Coinbase added that the company hopes to help the commission achieve the goal.
The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency.
At first considered quasi-legitimate get-rich-quick schemes, crypto exchanges are evolving into a strong business prospect with a long-term vision and tight cybersecurity measures. Their requirements for high-quality software are growing too.
PayPal said that it will be informing all of its US customers via email and push notifications. Citing high customer demand, PayPal has increased the weekly crypto purchase limit from $10,000 to $20,000.
While the listing of Filecoin even ahead of its mainnet launch is largely uncommon in the crypto sphere, Kraken’s VP of product, Jeremy Welch confirmed that the listing of Filecoin meets all regular procedures and protocols the exchange adopt in listing a token.