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Kraken launches new dark pool for Bitcoin trades

Wednesday 17 June 2015 13:23 CET | News

US-based digital currency exchange Kraken has launched a new dark pool for Bitcoin trades.

The dark pool, which functions as an invisible order book separate from its public offering, is intended to provide a means for traders to move more than BTC 50 (roughly USD 12,500) on the market in relative secret.

Dark pools are used throughout the global financial system, though the practice has faced rising scrutiny from regulators, and banks have been penalized in the past for unlawful activity within the dark pools they operate. Supporters of dark pools say they help stabilize markets and reduce costs.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, Kraken, dark pool
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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