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The move is to reportedly avoid clashing with one of the many crypto tribes within the US industry.
Gino Matos 3 min read 
Obtaining a MiFID license allows Kraken to capture Europe's expanding derivatives market while ensuring regulatory compliance.
Kraken's strategic pivots fuel exceptional growth, doubling revenue and enhancing staking services after SEC settlement.
Despite the wishes of crypto industry players, a massive rollback in enforcement actions could set a risky precedent.
The list of front-runners also includes pro-crypto CFTC Commissioner Summer Mersinger.
The lawsuit proceedings will stay halted while Coinbase appeals to the Second Circuit.
The effective date for FTX's reorganization plan is Jan. 3, 2025, with distributions set to start within 60 days.
Justice Nicholas highlighted Bit Trade's revenue priorities over regulatory obligations.
The crypto issued by Ripple Labs started its climb following the US elections, accumulating a 232% price increase in the past 30 days.
