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Kraken taps British ClearBank for GBP clearing services

Summary by Bitcoin Ethereum News
The post Kraken taps British ClearBank for GBP clearing services appeared on BitcoinEthereumNews.com. U.S.-based crypto exchange Kraken has reportedly joined forces with regulated British full-service clearing bank ClearBank to offer pound-based services for clients in the U.K. British bank ClearBank has expanded its role in the crypto market by partnering with U.S. exchange Kraken to provide GBP clearing services for Kraken’s U.K. clients, foll…
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Kraken taps British ClearBank for GBP clearing services

U.S.-based crypto exchange Kraken has reportedly joined forces with regulated British full-service clearing bank ClearBank to offer pound-based services for clients in the U.K. British bank ClearBank has expanded its role in the crypto market by partnering with U.S. exchange…

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UKTN (UK Tech News)UKTN (UK Tech News)

ClearBank expands crypto market position with Kraken deal

Embedded finance firm ClearBank has bolstered its position in the crypto market through a partnership supporting the British operations of US exchange Kraken.  ClearBank will provide GBP clearing services – managing, verifying and securing pound-based transactions – for Kraken’s UK clients. The partnership comes weeks after Kraken secured an EMI licence via its legal entity Payward Services, allowing the San Francisco company to issue electronic…

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UKTN (UK Tech News) broke the news in on Thursday, April 3, 2025.
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