Quick Breakdown Kraken acquires CFTC-licensed Small Exchange for $100 million, gaining a DCM license. The deal enables direct U.S. derivatives trading under a regulated framework. Marks a major step in Kraken’s global network expansion across the U.S., U.K., and EU. Kraken secures $100M deal to acquire small exchange Crypto ...
Read moreDetailsQuick Breakdown SEC Chair Paul Atkins said the U.S. is “a decade behind” in crypto innovation. The regulator plans to introduce an “innovation exemption” to support experimentation. Atkins supports developing regulated superapps to modernize U.S. financial services. U.S. trails in crypto development, SEC chair admits The United States is ...
Read moreDetailsQuick Breakdown Legislation impact: Novogratz says the GENIUS and CLARITY Acts will drive a surge of new crypto investors. Cycle disruption: Stablecoin adoption and broader participation may prevent a repeat of past four-year market cycles. Market slump: Novogratz links the recent selloff to Chinese miners and Arthur Hayes’ bearish moves. ...
Read moreDetailsQuick Breakdown The CFTC plans to allow stablecoins, like USDC and USDT, as collateral in U.S. derivatives markets, with feedback open until October 20. Crypto leaders from Circle, Tether, Ripple, Coinbase, and Crypto.com strongly endorsed the initiative, calling it a breakthrough for liquidity and efficiency. The proposal aligns with broader ...
Read moreDetailsQuick Breakdown OKX developed a decentralized perpetuals exchange in 2023 but did not launch it due to regulatory risks. Hyperliquid and Aster have since risen as leaders in onchain perpetuals trading. U.S. enforcement actions against Deridex, Opyn, and ZeroEx in 2023 shaped OKX’s cautious stance. OKX explored onchain perpetuals in ...
Read moreDetailsThe United Kingdom is moving to strengthen its digital asset policies by aligning with the United States, in a move aimed at driving innovation and market growth. According to a Financial Times report, UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent held talks on Tuesday with industry leaders ...
Read moreDetailsQuick breakdown Global reach: Available in 170+ countries with 50+ local fiat payment methods. Broad access: Offers 60+ tokenized U.S. stocks and ETFs, fully backed by regulated custodians. Affordable entry: Enables fractional investing starting at $1. Alchemy Pay expands beyond payments Alchemy Pay has introduced a new fiat-to-real-world-assets (RWA) platform, ...
Read moreDetailsQuick Breakdown Webull Australia adds crypto trading with 240 tokens via Coinbase Prime partnership Relaunch in the U.S. comes after a two-year hiatus under tougher regulations Firm eyes further international expansion, including Brazil and beyond Webull Brings Crypto to Australian Investors Trading platform Webull has rolled out cryptocurrency services in ...
Read moreDetailsEuropean policymakers are accelerating work on the digital euro after Washington’s landmark stablecoin legislation heightened fears of eroding the euro’s global influence. Momentum in Brussels picked up after President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins Act (Genius Act) in July, according to people familiar ...
Read moreDetailsIn a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC). The updated version of HR 3838—the House’s draft ...
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