.krakenfx Head of Strategy TheMarginMan discusses how the exchange has navigated crypto winter and what it plans to do next. _franvela reports
Perfumo said Kraken’s Abu Dhabi and Japan offices were small parts of the business. Now the company is looking to “hunker down and focus on the big core parts.” Instead of opening a large number of regional offices, Kraken is limiting the “depth of our services,” he said.
“So in some cases we might not offer access or funding with the local currency,” he said. “However, you might be in a particular region where if you have access to bitcoin you can still deposit that bitcoin to Kraken and use some of our other services where it applies.” The San Francisco-based exchange, founded in 2011, serves millions of users in over 200 countries, according toKraken is looking to expand in Europe and North America, according to Perfumo, who added the firm is looking to provide “as much possible global access” to the exchange’s services where they’re applicable. Currently, the exchange is open to U.S. residents except those in New York and Washington State.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dallas' strategy for homeless encampments needs compassion but also enforcement - Dallas Business JournalA new operation plan is desperately needed before our beloved city becomes Austin, Portland, or Los Angeles. The plan should provide the outreach, options and enforcement needed.
Read more »
State of the Union: Biden to discuss strategy to 'reassert America's leadership' on world stagePresident Biden will explain his strategy to “reassert America’s leadership around the world” during his second State of the Union address Tuesday, a White House official told Fox News.
Read more »
Cardano (ADA) Hodling Strategy Shared by Crypto Influencer Lark Davis: DetailsPro-crypto Lark Davis explains his Cardano (ADA) hodling strategy $ADA CardanoADA cardanoCommunity ADA
Read more »
Breakingviews - BP strategy is still caught between two stoolsBP is trying to stop the rot. The $108 billion UK oil group’s bumper 2022 results on Tuesday recorded a stellar 30.5% return on average capital employed. Yet Chief Executive Bernard Looney presides over a company that trades on less than 3 times forecast 2023 EBITDA and has underperformed its big oil major rivals since he was unveiled as boss in February 2020. His solution is to do what higher-valued U.S. oil groups like Exxon Mobil do: pump more oil.
Read more »
A Biden Strategy to Get Debt Ceiling Ruled UnconstitutionalThis is a proposed pathway to counteract the Republican Party's economic terrorism.
Read more »