Analysis
Adoption
German banking giant Sparkassen to offer crypto trading to 50 million customers by 2026
Sparkassen’s shift towards crypto trading follows MiCA regulatory clarity and aligns with a growing trend among European banks.
ETF
REX Shares’ Solana ETF on the brink of trading launch as SEC readies greenlight
SEC signals 'all systems go' for REX's groundbreaking Solana staking ETF launch, potentially as early as this week.
RWA
Gemini launches tokenized US stock trading in EU starting with MSTR
Gemini aims to break down barriers for global investors seeking access to U.S. equities with its new intiative.
Legal
Ripple, SEC agree to mutually abandon appeals, ending 5-year legal battle
Ripple's court battle with SEC concludes as both sides agree to drop appeals, marking a pivotal moment for crypto regulation.
Regulation
FATF sounds alarm over rising stablecoin misuse as global crypto rules lag
The FATF's latest implementation report highlighted gaps in compliance amid rising illicit stablecoin use and urged strong global regulatory action.
Derivatives
Robinhood expands crypto offerings with micro futures for XRP, Solana, and Bitcoin
Robinhood strengthens its financial super app vision with new micro futures in the booming crypto derivatives market.
Adoption
Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
The venture would break new ground with diverse digital asset portfolios, contrasting traditional Bitcoin-only strategies by public firms.
Crypto
Kraken enters payments with new Krak app enabling seamless global crypto, fiat transfers
Krak mobile app aims to disrupt legacy payments with seamless cross-border transactions and stablecoin yields.
Stablecoins
European Commission to ease rules on foreign stablecoins despite ECB opposition
Proposed EU guidance could broaden access to USDC and USDT, defying ECB concerns over monetary sovereignty.
Exchanges
WazirX gains crucial extension to revive post-hack restructuring plan
Singapore court grants WazirX breathing space to pursue restructuring amid $234 million hack aftermath.
Regulation
Powell reaffirms Fed has no issues with banks conducting crypto activities
Powell's testimony indicates regulatory alignment across major financial oversight bodies, promoting crypto innovation.
Legal
FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim
FTX lawyers argued that 3AC's claim is "unreasonable" and an unfounded attempt to offset its own failed risk management.
