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Zenger
Zenger
Natan Ponieman

Kraken Exchange Fined By US Government For Allowing Crypto Transactions In Iran

The logo of the crypto exchange Kraken can be seen on the screen of a computer in an office. Kraken was fined by the Department of Treasury for violation of sanctions allowing crypto transactions in Iran. PICTURE ALLIANCE/BENZINGA
Soccer, World Cup 2022 in Qatar, Iran – USA, preliminary round, Group B, match day 3 at Al-Thumama Stadium in Doha, An Iranian flag hangs over a backrest in the stands after the match. Iran is one of the international states sanctions by the U.S. government that forbid crypto transactions causing Kraken to pay a fine. PICTURE ALLIANCE/BENZINGA

Kraken, one of the top crypto exchanges by trading volume, has agreed to pay up more than $360,000 in a settlement for violating U.S. sanctions against Iran.

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