Crypto Exchange
Crypto exchange OKX cuts institutional staff amid global restructuring
The exchange has overhauled its institutional business as part of a broader restructuring, with approximately one-third of its sales team exiting, according to one source.

$110 billion in crypto left South Korea in 2025 owing to strict trading rules
While South Korean financial officials acknowledged the need for new rules, disagreements over stablecoins delayed a broader crypto framework.

Bullish Upgraded to Buy by ClearStreet as Exchange Gains Market Share, Expands Into U.S.
Analyst Owen Lau cites Bullish’s global growth, new options platform and improving sentiment despite a lower price target.

Mercado Bitcoin Commits EUR 50M to Portugal as It Pushes for European Expansion
The firm is expanding its services, including a new offering for high-net-worth clients, and has seen a shift in revenue streams.

Social Engineering Scams Top Crypto Threats in 2025: WhiteBit
Technical wallet hacks, including phishing and malware, are the second most common threat, making up 33.7% of incidents.

Newly Public Crypto Exchange Gemini Gets Lukewarm Reception From KBW
Though liking the long-term prospects for the Winklevoss-led company, KBW placed a market perform rating on the stock, expecting GEMI to remain unprofitable for the time being.

Brazil’s Mercado Bitcoin Bets on ‘Invisible Blockchain’ Approach to Build Financial Super App
The company plans on using blockchain technology behind the scenes while avoiding crypto-native terminology.

Kraken Raises $500M in Funding Round Valuing Crypto Exchange at $15B: Fortune
The funding round sets the stage for a long-awaited IPO, expected to take place next year.

IG Group Buys Majority Stake in Australian Crypto Exchange Independent Reserve for $72M
The deal aims to strengthen IG’s position in the Asia-Pacific crypto market and complements its recent crypto rollouts in the U.K. and U.S., the firm said.

Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source
Four senior executives who work on the institutional side of business have recently left Kraken.

