Kraken’s Jesse Powell Warns of Looming Government Crackdown on Bitcoin and Crypto Assets

Kraken CEO Jesse Powell is cautioning that cryptocurrencies could come under government-imposed restrictions. Speaking to CNBC, Powell says that such restrictions could end up destroying the original mission of cryptocurrencies. “I think there could be some crackdown… Something like that could really hurt crypto and kind of kill the original...
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Kraken CEO Fears Overregulation May Force Exchange Out of US

Kraken CEO Jesse Powell, speaking to Fox Business, said that the exchange intends to launch an IPO in 2021. However, it may need to consider relocating to another country. Powell spoke at length on the tightening regulations, which appear to be a concern for him. For that reason, the Kraken exchange might have to abandon the US if regulations force it out of the country.
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Kraken’s CEO Warns of Potential Crypto Regulations in the United States

The cryptocurrency industry could be subject to regulatory crackdowns from the US government, said Kraken’s CEO, Jesse Powell. The exponential growth of bitcoin and the entire cryptocurrency sector has caught the attention of global regulators, noted Kraken’s CEO, Jesse Powell. Speaking to CNBC, the executive warned of potential crackdowns, especially after the threats coming from the US government.
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CEO of a top bitcoin exchange warns a crackdown on cryptocurrencies may be coming

Jesse Powell, CEO of bitcoin exchange Kraken, said there "could be some crackdown" on cryptocurrencies. U.S. Treasury Secretary Janet Yellen and other officials have warned about the use of cryptocurrencies for illicit transactions. Cryptocurrencies have surged in value lately, with bitcoin hitting a record high price of more than $61,000...

Kraken CEO confirms public offering to come if over-regulation doesn’t force the platform ‘out of the country’

Cryptocurrency exchange platform Kraken is working quickly to launch an IPO on the tail of competitor Coinbase, but CEO Jesse Powell told FOX Business’ "The Claman Countdown" that growing regulations are a potentially concerning obstacle. "The U.S. regulators have historically been among the most severe internationally," he said. "We’re dealing...

Kraken looking for coach, Seattle expansion team plans to be patient

Francis says they will 'wait and see who is all out there'. The Seattle Kraken are still in no rush to hire a coach. The 2021 NHL Expansion Draft is July 21, with the Kraken scheduled to begin play next season. "We're patient," Seattle general manager Ron Francis said Tuesday....
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Updated 2021 NHL Expansion Draft Predictions for the Seattle Kraken

With the NHL's 2021 trade deadline fading into history and the playoffs approaching, the focus shifts toward the upcoming Stanley Cup Playoffs commencing in May. At the back of the minds of 30 NHL general managers, however, is the expansion draft scheduled for July 21. The Seattle Kraken will officially...

Bitcoin Daily: Kraken Weighs Direct Listing In 2022; Robinhood Now Counts 9.5 Million Crypto Traders

Bitcoin exchange Kraken is looking at going public via a direct listing next year, CNBC reported. The recent surge in bitcoin’s value has contributed to Kraken’s plans, as the company is one of the biggest crypto exchanges and now boasts over 6 million clients, according to CNBC. CEO and Co-Founder Jesse Powell said the bitcoin rally had significantly impacted the firm in a positive way.

Bitcoin Surge Has Kraken Considering Direct Listing

In a move that would significantly cement the position of bitcoin and cryptocurrency exchanges as major businesses, Kraken, a prominent U.S.-based exchange, is reportedly considering going public next year via direct listing, according to CNBC. The report cited “record trading volumes and new clients amid a surge in the price...

What It’ll Be Like to Eat and Drink at the Seattle Kraken’s Official Restaurant

NHL hockey is coming to town in late 2021, bringing beer and bites along with it. The Seattle Kraken recently announced its official flagship restaurant, the Kraken Bar & Grill, will make its debut at the team’s training facility in Northgate this fall. When it opens, it plans to be a year-round establishment open to the public and available for private events a well.