Major US cryptocurrency exchange Kraken is backing a new special purpose acquisition company (SPAC) that plans to go public through a Kraken-affiliated sponsor. KrakAcquisition, a new blank check company backed by Kraken, Tribe Capital and Natural Capital, on Monday filed with the Securities and Exchange Commission (SEC) to raise up to $250 million in an … Read more
Nigeria is rolling out a new approach to cryptocurrency oversight that relies on tax and identity systems rather than blockchain surveillance, as part of a sweeping reform of its tax regime. Under its newly implemented tax reforms, crypto service providers are required to link transactions to Tax Identification Numbers (TINs) and, where applicable, National Identification … Read more
Italy’s securities regulator, the Commissione Nazionale per le Societa e la Borsa (CONSOB), has amplified a new factsheet from the European Securities and Markets Authority (ESMA), warning social media finance influencers, or “finfluencers,” that European Union rules on investment recommendations and advertising apply fully to crypto and “get rich quick” content. In a Monday communication, … Read more
The Solana Policy Institute, a nonprofit focused on blockchain policy, urged the United States Securities and Exchange Commission (SEC) to distinguish between centralized crypto exchanges and non-custodial decentralized finance (DeFi) software, arguing that developers should not be regulated as intermediaries. The Friday letter urges the SEC to protect the developers of DeFi apps by recognizing … Read more
A new US Senate CLARITY Act draft allows crypto companies to offer activity-based rewards to stablecoin users. The proposal, titled the Digital Asset Market Clarity Act, reveals that certain rewards and incentives tied to the use of stablecoins would be permitted. Still, the provision notes that offering rewards does not cause a stablecoin to be … Read more
US Securities and Exchange Commission chair Paul Atkins says he is confident that the crypto market structure bill will make it onto US President Donald Trump’s desk this year. In an interview with Fox Business on Monday, Atkins discussed the regulatory outlook for crypto this year. Atkins praised the passing of the GENIUS act in … Read more
A Tennessee federal judge has temporarily stopped state regulators from taking action against the prediction markets platform Kalshi, which had sued the state after being ordered to cease offering sports event contracts. In an order on Monday, Judge Aleta Trauger supported Kalshi’s earlier motion for a preliminary injunction and temporary restraining order against the Tennessee … Read more
Global investment management firm VanEck is confident that the first three months of the year will be a risk-on environment for investors, citing clarity around fiscal policy, monetary direction, and major investment themes. “As we move into 2026, markets are operating in an environment with something investors have not had in years: visibility,” stated VanEck … Read more
Bitwise chief investment officer Matt Hougan has slammed the idea that Bitcoin shouldn’t be used for investment and 401(k)s because of its volatility — arguing that some stocks are also prone to even larger price swings. Hougan made the comments on the same day US Senator Elizabeth Warren pressed the US Securities and Exchange Commission … Read more
The US banking industry has been pushing “myths” about stablecoin yields to protect itself, and Congress should prioritize consumers rather than highly profitable banks, argues crypto lecturer and author Omid Malekan. “I am disappointed that market structure legislation seems to be held up by the stablecoin yield issue. Most of the concerns bouncing around Washington … Read more