Kraken has appointed Bivu Das as UK Managing Director. He brings nearly two decades of experience in business development and fintech strategies to his new role. It is appointed when the cryptocurrency exchange expands its services in the region.
Prior to joining Kraken, Das co-founded a cryptocurrency startup focused on creating an accessible payment gateway for users to enter and exit the digital asset ecosystem. His experience also extends to navigating hypergrowth at Starling Bank, a popular neobank.
“Kraken has long championed the potential of crypto assets that should change how ordinary people interact with financial services,” Das said. “There are millions of people in the UK, as well as globally, who are underserved by the current financial system. Kraken’s mission is “Accelerating cryptocurrency adoption, coupled with exceptional product offering, means we can continue to demonstrate the disruptive potential of cryptocurrencies.”
Das’s career began in financial services and technology consulting, where he collaborated with the Big Four professional services firms and traditional UK banking institutions such as Barclays, KPMG and Deloitte.
According to the official statement, Kraken has a team of over 275 members in the UK. The platform has multiple approvals that enable it to serve clients as FCA-registered crypto assets. exchange
exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
Read this term Provider, Custodian Wallet Provider, Authorized Investment Firm managing Cryptocurrency Derivatives MTF (Crypto Facilities), and Authorized Benchmark Administrator (CF Benchmarks).
Capture the UK’s booming cryptocurrency market
Announcing Das’ appointment, Kraken cited the growing adoption of cryptocurrencies in the UK, according to research by the Financial Conduct Authority. The UK is showing a growing interest in cryptocurrencies, with 78% of adults having heard of crypto assets, up from 73% in 2020.
Furthermore, 91% of UK consumers who have savings or investments know this Digital currencies
Digital currencies
Using cryptography, virtual currencies, known as cryptocurrencies, are virtually counterfeit-proof digital currencies built on blockchain technology. Blockchain technology consists of decentralized networks, not subject to the supervision of a central authority. Therefore, cryptocurrencies operate by a decentralized nature which makes them theoretically immune to government interference. The term cryptocurrency is derived from the origin of cryptographic techniques used to secure the network.
Using cryptography, virtual currencies, known as cryptocurrencies, are virtually counterfeit-proof digital currencies built on blockchain technology. Blockchain technology consists of decentralized networks, not subject to the supervision of a central authority. Therefore, cryptocurrencies operate by a decentralized nature which makes them theoretically immune to government interference. The term cryptocurrency is derived from the origin of cryptographic techniques used to secure the network.
Read this term. About 18% of the UK population has invested in cryptocurrencies. The UK is said to be the third largest crypto economy globally, with an estimated value of $252.1 billion last year.
Kraken is actively expanding its services in Europe. At the beginning of the month, the cryptocurrency exchange announced its acquisition of Coin Meester BV (BCM), a Dutch cryptocurrency brokerage. The move came on the heels of the European Commission’s introduction of the Markets in Cryptoassets (MiCA).
In addition, it obtained an electronic money institution (EMI) license from the Central Bank of Ireland and was registered as a virtual asset service provider with the Bank of Spain in September. The EMI license allows Kraken’s local subsidiary to expand its services, especially in euros, through strategic banking partnerships.
Kraken has appointed Bivu Das as UK Managing Director. He brings nearly two decades of experience in business development and fintech strategies to his new role. It is appointed when the cryptocurrency exchange expands its services in the region.
Prior to joining Kraken, Das co-founded a cryptocurrency startup focused on creating an accessible payment gateway for users to enter and exit the digital asset ecosystem. His experience also extends to navigating hypergrowth at Starling Bank, a popular neobank.
“Kraken has long championed the potential of crypto assets that should change how ordinary people interact with financial services,” Das said. “There are millions of people in the UK, as well as globally, who are underserved by the current financial system. Kraken’s mission is “Accelerating cryptocurrency adoption, coupled with exceptional product offering, means we can continue to demonstrate the disruptive potential of cryptocurrencies.”
Das’s career began in financial services and technology consulting, where he collaborated with the Big Four professional services firms and traditional UK banking institutions such as Barclays, KPMG and Deloitte.
According to the official statement, Kraken has a team of over 275 members in the UK. The platform has multiple approvals that enable it to serve clients as FCA-registered crypto assets. exchange
exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
Read this term Provider, Custodian Wallet Provider, Authorized Investment Firm managing Cryptocurrency Derivatives MTF (Crypto Facilities), and Authorized Benchmark Administrator (CF Benchmarks).
Capture the UK’s booming cryptocurrency market
Announcing Das’ appointment, Kraken cited the growing adoption of cryptocurrencies in the UK, according to research by the Financial Conduct Authority. The UK is showing a growing interest in cryptocurrencies, with 78% of adults having heard of crypto assets, up from 73% in 2020.
Furthermore, 91% of UK consumers who have savings or investments know this Digital currencies
Digital currencies
Using cryptography, virtual currencies, known as cryptocurrencies, are virtually counterfeit-proof digital currencies built on blockchain technology. Blockchain technology consists of decentralized networks, not subject to the supervision of a central authority. Therefore, cryptocurrencies operate by a decentralized nature which makes them theoretically immune to government interference. The term cryptocurrency is derived from the origin of cryptographic techniques used to secure the network.
Using cryptography, virtual currencies, known as cryptocurrencies, are virtually counterfeit-proof digital currencies built on blockchain technology. Blockchain technology consists of decentralized networks, not subject to the supervision of a central authority. Therefore, cryptocurrencies operate by a decentralized nature which makes them theoretically immune to government interference. The term cryptocurrency is derived from the origin of cryptographic techniques used to secure the network.
Read this term. About 18% of the UK population has invested in cryptocurrencies. The UK is said to be the third largest crypto economy globally, with an estimated value of $252.1 billion last year.
Kraken is actively expanding its services in Europe. At the beginning of the month, the cryptocurrency exchange announced its acquisition of Coin Meester BV (BCM), a Dutch cryptocurrency brokerage. The move came on the heels of the European Commission’s introduction of the Markets in Cryptoassets (MiCA).
In addition, it obtained an electronic money institution (EMI) license from the Central Bank of Ireland and was registered as a virtual asset service provider with the Bank of Spain in September. The EMI license allows Kraken’s local subsidiary to expand its services, especially in euros, through strategic banking partnerships.