Kraken has enhanced its global compliance framework to ensure a secure platform for its clients.
The completion of a multi-year effort to improve sanctions compliance reflects Kraken's commitment to risk management and operational excellence.
Kraken finalized commitments with the U.S. Department of the Treasury's OFAC to enhance sanctions controls, affirming its robust processes.
The company's compliance efforts include advanced tools, internal controls, risk assessments, and engagement with regulators, aiming to become a trusted and secure leader in the crypto industry.