{"id":374250,"date":"2021-11-30T10:25:39","date_gmt":"2021-11-30T07:25:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kraken-exchange-defies-competitors-regulatory-concerns-with-shib-listing\/"},"modified":"2021-11-30T10:25:39","modified_gmt":"2021-11-30T07:25:39","slug":"kraken-exchange-defies-competitors-regulatory-concerns-with-shib-listing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kraken-exchange-defies-competitors-regulatory-concerns-with-shib-listing\/","title":{"rendered":"# Kraken exchange defies competitors\u2019 regulatory concerns with SHIB listing"},"content":{"rendered":"<p>&#8220;<strong># Kraken exchange defies competitors\u2019 regulatory concerns with SHIB listing  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvZTRjOGM2MGEtODY4ZS00YTI4LWI2YmEtNWFlMjY1ZWQ3NGFmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>United States-based digital asset exchange Kraken has announced it will begin supporting the viral meme coin Shiba Inu (SHIB) as of Nov. 30.<\/p>\n<p>There will be a minimum deposit of 373,000 SHIB ($16 USD), and the minimum trading volume is 50,000 SHIB ($2 USD). SHIB will initially be tradeable against the USD and Euro pairs, however, Kraken Futures and Margin Trading for SHIB won\u2019t be <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.kraken.com\/post\/12098\/shiba-inu-shib-deposits-are-live-trading-starts-november-30\/\">available<\/a> at launch.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">New Listing on Kraken: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Shibtoken?ref_src=twsrc%5Etfw\">@Shibtoken<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a> deposits begin NOW! Trading is live November 30.<\/p>\n<p>\u27a1\ufe0f  Learn more: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/yUUKaBXKBq\">https:\/\/t.co\/yUUKaBXKBq<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/L2IUHugyG0\">pic.twitter.com\/L2IUHugyG0<\/a><\/p>\n<p>\u2014 Kraken Exchange (@krakenfx) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/krakenfx\/status\/1465357580100943878?ref_src=twsrc%5Etfw\">November 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nAustralian managing director at Kraken Jonathon Miller told Cointelegraph that the crypto marketplace supports projects with a clear demand for trading, including SHIB. <\/p>\n<p>At the time of publishing, SHIB is the 12th-largest cryptocurrency with a market capitalization of $25.81 billion. SHIB has surged over 20% in the last 24 hours on the listing <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>.<\/p>\n<p>Miller added: \u201cI wouldn&#8217;t describe Kraken as being the place where every single coin is listed, that&#8217;s not been what we have been known for.\u201d<\/p>\n<p>Kraken is one of the least conservative exchanges with 93 assets on the exchange in total. Meanwhile, Coinbase supports 51 assets and Robinhood only supports seven. <\/p>\n<p>Other exchanges have been hesitant to list the Dogecoin-inspired altcoin over regulatory concerns, despite increasing pressure from their users. On Nov. 26 SHIB surpassed 1 million holders, despite trading 50% below its all-time high.<\/p>\n<p>On Nov. 10, Robinhood chief operating officer Christine Brown said that the platform\u2019s \u201cstrategy is different than a lot of the other players out there who are racing to list as many assets as possible right now.\u201d The Change.org <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.change.org\/p\/robinhood-convince-robinhood-they-will-prosper-if-they-list-shiba-inu-coin\">petition<\/a> requesting that Robinhood lists the Shiba Inu Coin has amassed over half a million signatures. <\/p>\n<p>Miller added: \u201cThere are certain services that we have that don&#8217;t really fit the regulatory mold. So there&#8217;s this gray area that the whole industry exists in, and that&#8217;s not specific to us.\u201d<\/p>\n<blockquote><p>\u201cThat&#8217;s just the nature of the fact that we&#8217;re dealing with an innovative <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> that really doesn&#8217;t have doesn&#8217;t necessarily fit the criteria that existing regulators perceive as possible.\u201d<\/p><\/blockquote>\n<p><strong><em>Related<\/em><\/strong>: <strong><em>Reserve Bank warns Aussies over punting on \u2018fad driven\u2019 cryptocurrencies<\/em><\/strong><\/p>\n<p>Describing the current regulatory climate for digital asset exchanges, Robinhood&#8217;s chief legal officer Dan Gallagher said at the Georgetown University Financial Markets Quality Conference on Nov. 19 that &#8220;It&#8217;s a very tense situation, and it does call for regulatory clarity which we haven&#8217;t seen yet.&#8221;<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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There will be a minimum deposit of 373,000 SHIB ($16 USD), and the minimum trading volume is 50,000 SHIB ($2 USD)&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":374251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvZTRjOGM2MGEtODY4ZS00YTI4LWI2YmEtNWFlMjY1ZWQ3NGFmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74863,74860,75917,75540,117,67874],"class_list":["post-374250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-exchanges","tag-kraken","tag-business","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/374250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=374250"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/374250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/374251"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=374250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=374250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=374250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}