Kraken adds 19 new tokens, including BNB, to attract more users and stay competitive in the U.S. market.
U.S. crypto regulations may ease under President-elect Trump, creating opportunities for exchanges like Kraken to list more tokens.
Kraken, the second-largest cryptocurrency exchange in the U.S., has announced that it will list 19 new tokens, including popular ones like BNB, DYDX, AR, and LQTY.
The timing of this expansion is important. As many people believe that the new U.S. government under President-elect Donald Trump might ease some rules on cryptocurrencies. If this happens, it could help exchanges like Kraken grow even more, with fewer restrictions on token listings.
CZ Supports Kraken’s BNB Listing
Changpeng “CZ” Zhao, the CEO of Binance, tweeted abput Kraken for listing BNB, CZ is a major figure in the crypto world, and his support makes this listing even more significant. BNB is a well known cryptocurrency, and its addition to it will help attract more people who use or hold the token.
It’s decision to list these new tokens, especially BNB, has been highly anticipated, as it is one of the biggest and most trusted exchanges in the U.S.
In the past, U.S. crypto exchanges faced strict rules when listing new tokens. However, there is hope that the Trump administration may reduce these rules, allowing exchanges like this to list more tokens with fewer obstacles. If this happens, it could make it easier for people to access a wider range of cryptocurrencies.
By adding 19 new tokens now, Kraken is preparing for the possibility of more relaxed rules. This would allow Kraken to keep growing and make it easier for people to use cryptocurrencies in the U.S.