BNB is set to launch on U.S.-based crypto exchange Kraken, with trading scheduled to begin on April 22 at 14:00 UTC. The listing will include four trading pairs: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT. According to an announcement from BNB Chain, deposits for BNB are already open on the platform.
Kraken initially added BNB to its listing roadmap in November 2024, noting that roadmap inclusion did not guarantee a listing. While the delay in listing BNB wasn’t explained, some speculate that regulatory concerns may have been a factor. In 2022, IntoTheBlock’s head of research, Lucas Outumuro, suggested that exchanges were hesitant to list BNB due to its perceived centralization and potential classification as a security.
Recent shifts in the U.S. regulatory climate under the Trump administration, including a more cautious approach by the Securities and Exchange Commission toward enforcement actions, appear to have eased those concerns.
As a result, exchanges like Kraken are now moving forward with listings that may have previously posed regulatory risks, even if the tokens are issued by competing platforms.
Image Credit: Pixabay
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
