Latest news on Regulations
Kraken Parent Payward Secures Full U.S. Derivatives Stack With $550 Million Bitnomial Acquisition
By Loic Dos Santos | Yesterday
Kraken gains full U.S. derivatives access Payward, best known as the parent company of crypto exchange Kraken, has finalized its acquisition of Bitnomial in a deal valued at up to $550 million in cash and stock.
Clarity Act Finalizes Stablecoin Yield Rules, Redrawing Crypto Reward Boundaries
By David E | 3 days ago
Stablecoin Yield Offers Face New Limits After months of negotiation, the U.S. Senate has published the final text of the Clarity Act’s stablecoin yield provisions, settling a core regulatory dispute for the crypto sector...
US Senate Bars Itself from Prediction Market Trading After Insider Scandal
By Loic Dos Santos | 4 days ago
Senators Shut Out of Political Bets On Thursday, the United States Senate unanimously enacted a resolution that immediately prohibits senators and their staff from participating in prediction markets...
Kraken Parent Payward to Acquire Bitnomial for $550 Million, Cementing U.S. Crypto Derivatives Ambitions
By Loic Dos Santos | 2 weeks ago
Kraken Expands U.S. Derivatives Ambitions Payward, the parent company of Kraken, has entered into a definitive agreement to acquire Bitnomial in a deal valued at up to $550 million in cash and stock...
Hong Kong Awards First Stablecoin Licenses to HSBC and Anchorpoint
By Loic Dos Santos | 3 weeks ago
Only Two Licenses From 36 Applicants Hong Kong has granted its inaugural stablecoin issuer licenses to just two entities: HSBC and Anchorpoint Financial...
Nevada Judge Extends Ban on Kalshi Sports Prediction Markets, Deepening State-Federal Divide
By Loic Dos Santos | 1 month ago
State Court Sides With Gaming Board On Friday, March 29, a Nevada state judge extended a temporary ban on Kalshi’s sports event contracts, reinforcing the state’s position that these products amount to unlicensed gambling...
Coinbase Gets Conditional Green Light for US National Trust Charter—But Not a Bank
By Loic Dos Santos | 1 month ago
What Coinbase Can—and Can't—Do Coinbase has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to form a national trust company, a move that could reshape its custody business but stops short On.....
Circle Stock Plunges 20% as Lawmakers Eye Stablecoin Yields, Tether Ups Audit Game
By David E | 1 month ago
Lawmakers Target Stablecoin Yields—But How? Circle’s stock (CRCL) suffered its worst trading day since going public, tumbling just over 20% to close at $101.24 on Tuesday...
Brazil’s Election Year Puts Crypto Tax Plans on Ice
By David E | 1 month ago
Election Season Pauses Crypto Tax Overhaul Brazil’s new finance minister, Dario Durigan, has put the brakes on a sweeping overhaul of cryptocurrency taxation, shelving a public consultation process that was originally planned for later in.....
Kalshi’s $22 Billion Surge Collides With Nevada Ban
By Loic Dos Santos | 1 month ago
Kalshi’s Meteoric Rise Meets Legal Storm Kalshi Inc., the New York-based prediction market platform, has seen its valuation rocket to $22 billion after closing a $1 billion funding round led by Coatue Management...
Kalshi Faces Nevada Ban as Legal Storm Intensifies Across States
By David E | 1 month ago
Nevada Court Slams Brakes on Kalshi Kalshi, the New York-based prediction market platform, is now barred from offering bets in Nevada for at least two weeks after a state court issued a temporary restraining order on Friday...
