Crypto exchange Kraken is reportedly under investigation for allegedly violating economic sanctions against Iran; according to the New York Times, Kraken allowed users in Iran and elsewhere to trade digital assets which violated the U.S. imposed sanctions on Iran.

Kraken was fined $1.25 million last year by the CFTC for offering illegal off-exchange digital asset trading and failing to register with the agency properly.

In today’s news, Barclays looks to invest in Crypto, Senators look to eliminate crypto tax and reports on NFT hackers were released recently

Read on!