Kraken’s recent achievement of obtaining Electronic Money Institution (EMI) status from the UK Financial Conduct Authority (FCA) is more than just a procedural win; it represents a pivotal moment in the ongoing evolution of cryptocurrency in a regulatory framework that often feels ambivalent, at best. The significance of this approval is not merely theoretical. With
Exchanges
In a moment poised to redefine the trajectory of cryptocurrency trading, Kraken, officially known as Payward Inc., is navigating towards an initial public offering (IPO) anticipated in early 2026. This pivotal development is largely attributed to a more welcoming regulatory environment fostered under the leadership of President Donald Trump. The dynamic pivot from the complex
The recent disruption of Garantex, a Russia-linked cryptocurrency exchange, symbolizes a watershed moment in the ongoing battle against financial crime in the digital age. With U.S. and European law enforcement agencies unearthing a web of illicit activities tied to this platform, the entire cryptocurrency landscape is once again on trial. With over $96 billion processed
In a recent episode of Tucker Carlson’s podcast, former FTX CEO Sam Bankman-Fried (SBF) embarked on a fervent defense of his character, asserting that he does not see himself as a criminal. This bold declaration raises several eyebrows—particularly in light of the ongoing legal battles he faces. While Bankman-Fried contends that the Department of Justice
On March 6, revelations surfaced regarding the monumental hack of Bybit, a notorious cryptocurrency exchange that led to a staggering loss of approximately $1.5 billion in Ethereum (ETH). This incident is not merely another data breach; it is a wake-up call to the crypto industry, revealing the frail underbelly of cybersecurity practices. According to the
In a world increasingly reliant on digital assets, the recent security breach at Bybit has exposed glaring vulnerabilities within cryptocurrency exchanges. Recently, CEO Ben Zhou revealed that a staggering $1.07 billion—approximately 77% of the total $1.4 billion pilfered—remains traceable, sparking a renewed debate around transparency and accountability in the crypto landscape. While this figure may
In the ever-evolving world of cryptocurrency, few proposals elicit such fervent backlash as the recent attempt by Cronos to resurrect 70 billion CRO tokens that were previously burned. The overwhelming consensus during the early voting phase has been one of staunch opposition, with a staggering 87% of participants on Mintscan casting their votes against the
The CME Group recently announced its plans to launch Solana (SOL) futures contracts, a significant development in the cryptocurrency landscape. Slated for release on March 17, pending necessary regulatory approval, this move is a response to burgeoning demand from clients across financial markets. Notably, the new offerings will include both a 25 SOL micro-contract and
Dunamu, the company behind South Korea’s premier cryptocurrency exchange, Upbit, has recently found itself embroiled in a contentious legal dispute with the country’s Financial Intelligence Unit (FIU). This conflict emerged as part of a broader initiative by South Korean authorities aimed at tackling the growing prevalence of crypto-related infractions. The FIU issued a suspension order
The cryptocurrency sector in the United States is teetering on a precarious edge as regulatory scrutiny intensifies. Following a lengthy battle with the U.S. Securities and Exchange Commission (SEC), Gemini’s co-founder, Cameron Winklevoss, has passionately urged the agency not only to reimburse the exchange for its legal expenditures but also to terminate officials involved in
