News Snapshot:
Kraken Crypto Exchange to Pay $1.25 Million in Penalty Over Alleged Illegal Offering [Aisshwarya Tiwari] on September 29, 2021 [Regulation] The U.S. CFTC has hit Kraken crypto exchange with $1.25 million in fines over an alleged illegal offering, a recent announcement reads. Kraken Hit with $1.5 Million Fine In an announcement made yesterday, the U.S. Commodity Futures Trading Commission ( CFTC ) stated it had issued an order filing and settling charges against crypto trading platform Kraken for “illegally offering margined retail commodity transactions in digital assets including Bitcoin, and failing to register as a futures commission merchant (FCM).” Commenting,...