OpenPayd Secures MiCA License for Crypto Services in Europe

Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA) via passporting. The license lets OpenPayd operate as a crypto asset service provider (CASP) to offer services such as fiat-to-stablecoin on-ramping and off-ramping, … Read more

Democrats Urge Probe Into Trump Crypto Dealings With UAE

A group of US Senate Democrats is urging Senate Republican leaders to hold hearings into a reported $500 million deal between the Trump family’s crypto firm and Abu Dhabi royalty. In a letter on Tuesday, the Democrats told Republicans, who control the Senate, lead its committees and decide on hearings, that they should “immediately hold … Read more

What Andy Burnham Means for Crypto in the UK

Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down.  During Starmer’s tenure, the government introduced a moratorium on cryptocurrency donations to political campaigns, citing concerns that crypto could become a vector for foreign influence in UK elections. Beyond the ban, the UK has charted a cautious … Read more

CBOE Eyes Crypto Perpetual Futures After CFTC Shift

The Chicago Board Options Exchange (CBOE) is considering converting its continuous Bitcoin and Ether futures into perpetual futures, a move that would position the exchange to compete in one of crypto’s fastest-growing derivatives markets following recent regulatory changes in the United States. The Wall Street Journal on Tuesday reported that CBOE’s global head of derivatives, … Read more

Kalshi Adds India to Growing List of Restricted Jurisdictions

Prediction market Kalshi has added India to its list of restricted jurisdictions, according to a members’ agreement document updated on Wednesday. The document now lists a total of 55 restricted jurisdictions whose residents are blocked from accessing the platform. India’s Ministry of Electronics and Information Technology warned virtual private network (VPN) providers in April to … Read more