Is Kraken compliant?

We comply with legal and regulatory requirements in all jurisdictions where we operate. Kraken is regulated by FinCEN . Kraken client funds are held directly by clients in their own bank accounts at our partner banks, which are heavily regulated.

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Is my data safe with Kraken?

Trustability. Kraken asserts it has “industry-leading security” and that “safeguarding your funds and your privacy” is its primary objective. In point of fact, despite being one of the oldest crypto exchanges, Kraken has managed to keep its clients’ funds secure without ever reporting a security breach .

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Is the Kraken Canadian?

Is Kraken available in Canada? Kraken is available in Canada but certain trades are banned . Canadian residents can’t trade Ethereum tokens that have been staked for Ethereum 2.0, the next upgrade to the popular Ethereum blockchain. These tokens are called ETH2.

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