UK moves closer to full crypto regulation as FCA sets scope and timeline
The UK is moving closer to regulating crypto as the FCA defines which activities will fall under its future framework. Source link
Category financ
Kraken co-CEO confirms IPO filing
Rumors of the application circulated in November. But since then, Kraken’s value has fallen 33.5% to $13.3 billion. Market conditions reportedly led the crypto firm to freeze its IPO last month. Source link
Ohio Regulator Issues $5 Million Penalty to Prediction Markets Platform Kalshi for Unlicensed Activities
Ohio’s gambling watchdog officially notifies prediction market leader Kalshi The intention to impose a $5 million fine marks a sharp escalation in the state’s crackdown on unlicensed sports-related business. Ohio Casino Control Commission (OCCC) It issued a notice to KalshiEX…
S&P 500 hits new highs as crypto market value rises to $2.2 trillion
While stocks are reaching new highs, the cryptocurrency is rallying towards $2.2 trillion, indicating increased sentiment in the markets. Source link
Trump continues pressure to fire Fed Chairman Powell
The president has said he will fire the central bank governor unless he resigns when his term ends next month. Source link
UK Financial Conduct Authority (FCA) Continues Consultation on Crypto
United Kingdom Financial Conduct Authority (FCA) has published a consultation on crypto. The securities regulator stated that from October 2027, cryptocurrency will be regulated by the institution. This fact means that the FCA must provide new guidance for participants in…
As the price stays within a certain range, Solana’s usage increases: How soon can SOL catch up?
Solana sees strong activity but prices are declining and he is waiting for the market to be convinced. Source link
Citi, Wells and PNC CEOs reject M&A possibility
Citi CEO Jane Fraser reported that the lender is looking to buy the bank. The CEOs of Wells Fargo and PNC also emphasized that they are focusing on organic growth through mergers and acquisitions. Source link
Fireblocks Launches New Service to Provide Yield on On-Chain Lending
fire blocksA Switzerland-based digital asset infrastructure provider has launched a new service called “Earn” that allows on-chain lending to its customers Fireblocks currently enables over $10 trillion in digital asset transactions across more than 150 blockchains, supporting companies like BNY,…
Animal Spirits: Everyone Back on the Boat
@media only screen and (max. width: 480px) {.mob-stack { display: block !important; width: 100% !important; padding-left: 0 !important; padding-right: 0 !important; }.mob-img { padding-bottom: 15px !important; }.mob-stack img { width: 100% !important; max-width: 100% !important; height: auto !important; }} Sponsored…
