Big news for cryptocurrency! Kraken, a giant cryptocurrency exchange, is coming back to India after being temporarily banned. It's like a store reopening after a short closure! They had to fix some things to follow Indian rules about money.
- Kraken is working with Indian officials to get permission to operate again.
- They hired someone experienced to help them expand in India.
- Other big cryptocurrency places like Coinbase might also come back to India.
- Kraken had a really successful year, making a lot more money than the year before.
- However, some people are worried because Kraken supports Dave Portnoy, who has been criticized for some questionable actions in the crypto world.
| Fact | Detail |
|---|---|
| Kraken's 2024 Revenue | $1.5 Billion |
| Kraken's 2023 Revenue | $671 Million |
| Kraken's Global Ranking (by trading volume) | 7th |
