Crypto exchange Kraken is trying to become a bank in Europe
Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans. Source:CoinDesk
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes…
Nigel Farage to resign from UK Parliament amid crypto “gift” scandal, will stand in by-election
The Reform party leader and Brexit champion confirmed that he was the subject of probes by UK authorities following reports of what he called “gifts” from…
Institutional crypto exchange EDX lands $76M from SBI Holdings
The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset…
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows socalled Reg Crypto high on its nearterm list. Source:CoinDesk
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets. Source:CoinDesk
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…
EU lawmakers adopt digital assets policy stance after MiCA transition ends
The European Parliament adopted a digital assets report calling for further assessment of DeFi, staking, crypto lending and NFTs after MiCA’s transition period…
Coinbase secures UK authorization to offer traditional investments alongside crypto
The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.…
Trader loses $2M in ‘same-block backrun extraction’ exploit
One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction.…
Yield Guild Games cuts 35 staff, shuts game publisher to focus on AI
Yield Guild Games said tough crypto and video game market conditions mean its YGG Play business is no longer commercially sustainable. Source:Cointelegraph
Trump says he became ‘a big crypto guy’ partly for politics
US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.” Source:Cointelegraph