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Kraken Exchange: USDC Is Available On Solana And Tron

Kraken crypto exchange just made an exciting announcement for their users. Check out the latest reports coming from the platform below.

Kraken exchange drops important announcement

Check out the latest tweet that they shared on social media.

According to official notes, the exchange says:

“We’re thrilled to announce that Kraken now supports deposits and withdrawals of USD Coin (USDC) on Tron and Solana, in addition to the Ethereum network!”

The same notes reveal the following:

“Funding is already live. You can transfer these tokens to your Kraken account by navigating to Funding, selecting USDC, and the desired deposit method (network) in the drop-down box. Deposits on the Solana and Tron networks are near-instant!”

We suggest that you check out the original post shared by Kraken on their blog.

Kraken crypto exchange will not register with the SEC

The incoming chief executive of crypto exchange Kraken reportedly said that the firm has no plans to register with the U.S. Securities and Exchange Commission (SEC). This was revealed back in September.

According to a new report revealed by Reuters, Dave Ripley, who will take the place of current CEO Jesse Powell, said that Kraken won’t register with the SEC as a market intermediary or delist tokens the regulatory agency has deemed to be securities.

On the other hand, it’s also been revealed that Ripley does not rule out that Kraken may one-day list crypto assets that are securities.

“There are not any tokens out there that are securities that we’re interested in listing. There could be some new token out there that becomes interesting and also happens to simultaneously be a security [and] in that case, we would potentially be interested in that path.”

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