Kraken will list Binance Coin (BNB) on April 22, 2023, with trading pairs including EUR, USD, USDC, and USDT. The decision follows regulatory changes which have increased confidence among U.S. exchanges to broaden their offerings, despite previous hesitations due to concerns over BNB’s classification as a security.
The U.S.-based crypto exchange Kraken has announced that it will support Binance Coin (BNB) with trading pairs including EUR, USD, USDC, and USDT. This announcement was made via an X post by BNB Chain, confirming that trading will commence on April 22 at 14:00 UTC, with deposits for BNB already available on the platform.
Kraken initially listed BNB in its roadmap back in November 2024, although it cautioned that inclusion in the roadmap does not guarantee a listing. The delay in BNB’s listing is speculated to be influenced by regulatory challenges. Experts suggested that exchanges hesitated to list BNB, suspecting it might be classified as a security due to the network’s centralised nature.
Amidst significant shifts in the regulatory landscape—particularly following Donald Trump’s return to office and a reduction in enforcement actions from the U.S. Securities and Exchange Commission—exchanges like Kraken are now more willing to list cryptocurrencies, even those from competitors like Binance.
