Polygon Labs has cut personnel as it pivots more aggressively to a payments-first strategy built around stablecoin rails and what it calls the “Open Money Stack,” a new, vertically integrated set of services designed to […]
Russia will reportedly move to open up crypto to retail investors, with a new bill set to soon be introduced to the country’s legislature. Anatoly Aksakov, chair of the State Duma’s Financial Market Committee, said […]
Key Takeaways Amazon challenges Saks Global Enterprises’ Chapter 11 bankruptcy filing, arguing against the proposed $1.75 billion financing. Amazon had invested $475 million in Saks as part of their 2024 acquisition of Neiman Marcus for […]
Dubai’s financial regulator has banned privacy tokens across the DIFC from Jan. 12. Stablecoins must now be fiat-pegged and backed by high-quality, liquid assets. Algorithmic stablecoins like Ethena are excluded from the stablecoin category. Dubai’s […]
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 […]
As crypto markets entered 2026, one theme became increasingly clear: Last year was less about speculation and more about infrastructure, regulation and real-world use. Across jurisdictions, regulators and institutions moved from theory to implementation, reshaping […]
Key Takeaways Exodus reported a year-end update showing a debt-free balance sheet alongside adjustments to its corporate digital asset holdings. The company now holds 1,704 Bitcoins after a significant reduction in digital asset reserves. Share […]
The proposal would let regulators suspend transactions before gains are laundered or moved. Authorities want to extend stock market-style enforcement tools to crypto trading. Recent actions by tax and financial regulators show tighter alignment with […]
Cryptocurrency markets experienced a limited recovery this week as investor liquidity gradually returned after the holidays. Bitcoin (BTC) topped a weekly high of $94,458 on Monday, before declining to about $90,937 at the time of […]
Financial authorities in the United Kingdom set a timeline for a new crypto licensing regime, requiring aspiring companies to seek full authorization before the framework comes into force. Crypto asset service providers (CASPs) will be […]
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