Kraken shuts down global headquarters as 'San Francisco is not safe'

Kraken shuts down global headquarters as 'San Francisco is not safe'

In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close its global headquarters on 548 Market Street, in the center of San Francisco. In the retweet shared by a San Francisco-based political commentator, Richie Greenberg, the decision cites that: “We shut down Kraken’s global headquarters on Market Street in San Francisco after....


Related News

Kraken CEO Shuts Down San Francisco Headquarters – Here’s Why

Jesse Powell, Kraken CEO, talks more in detail about why he decided to shut down Kraken’s headquarters in San Francisco. Kraken was one of the pioneering Bitcoin exchanges. They had this headquarters too in New York. However, New York announced a strict BitLicense regulation in 2015 which prompted Powell to remove Kraken from the Big […]

Kraken Accepting MtGox Bankruptcy Claims and Giving Free Trade Credit

So, I have spent the last few days at the Kraken headquarters in San Francisco with the legendary Jesse Powell, who I interviewed for the Bitcoin Knowledge Podcast, and the rest of the team and there is some very exciting news about the $500m MtGox bankruptcy. We discussed some of the logistics during the interview but there is even more actionable stuff, as discussed in the trustee letter, you can do today to claim your money! Kraken Now Accepts MtGox Creditor Claims Through Website, Offers Free Trades. SAN FRANCISCO, CALIF. - APRIL 21, 2015 - Kraken, a San Francisco-based Bitcoin....

Coinbase crypto exchange to close San Francisco headquarters in 2022

Coinbase is taking measures to ensure that no office becomes an unofficial headquarters. Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing is its head offices in San Francisco.Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part of its commitment to “being remote first.”“We’ve committed to having no HQ, and it’s important to show our decentralized workforce that no one location is [more] important than the another,” Coinbase noted. According to the company, the upcoming closure will be an....

Japan is the ‘leading candidate’ for Ripple's new headquarters: SBI Holdings CEO

Japan is firming up at the most likely new headquarters for Ripple if it leaves its San Francisco offices Japanese financial giant SBI Holdings CEO Yoshitaka Kitao said that Japan is the most likely country Ripple will relocate to, should it leave the United States. At an Oct. 28 press briefing, Kitao stated that the blockchain-based payments firm “has made Japan the most promising candidate” for its new headquarters if Ripple makes good on its threats to move its San Francisco offices. SBI Holdings is a Ripple investor, while Kitao sits on the firm’s board of directors. Both Ripple....

Bitcoin Exchange Leaders Look to Rebuild Trust in Aftermath of Mt. Gox

Notable names from the digital currency exchange sector took the stage at CoinSummit San Francisco on Wednesday, 26th March in a talk that included Kraken CEO Jesse Powell and BTC China CEO Bobby Lee. The session was moderated by Pantera Capital Management's Dan Morehead. The spectacular failure of Tokyo-based bitcoin exchange Mt. Gox was the inflection point for a discussion on bitcoin exchanges today at CoinSummit San Francisco. The panel, which included Kraken CEO Jesse Powell and BTC China CEO Bobby Lee, focused on topics such as regulation, security and the path ahead for the new....