As crypto firms explore various ways to access public markets, a Kraken affiliate-linked special purpose acquisition company (SPAC), KRAKacquisition Corp, has taken its first step toward going public by filing a Form S-1 registration statement with the U.S. Securities and Exchange Commission on Monday. As per the official press release,
Two U.S. senators, Cynthia Lummis and Ron Wyden, have reintroduced a bipartisan bill called the Blockchain Regulatory Certainty Act to protect cryptocurrency developers from being wrongly treated as banks or financial institutions under U.S. law. This bill can help resolve the issue between U.S. law and cryptocurrency developers. Right now,
Goldman Sachs has published a research report underlining the 11% return projection in 2026. This is believed to build on last year’s global bull market, among many other factors. The optimism is now being linked to the crypto market, where members anticipate a similar trajectory in the next months. Projections
EmberCN, an on-chain analyst, revealed today that a wallet linked with Pump.fun has deposited around $148 million in stablecoins to Kraken. This transaction sees a continuing pattern of huge exchange-bound transfers seen in the last two months. The data also reveals that the recent deposit included USDC and USDT shifted
The US Senate Agriculture Committee has deferred the date of their much-awaited markup on the big cryptocurrency market structure legislation to the last week of January as lawmakers rush to secure bipartisan support on bills affecting the regulation of cryptocurrencies in the US. Committee on Appropriations Chairman John Boozman stated
A group of seven senior Labour MPs is asking Prime Minister Keir Starmer to ban cryptocurrency donations to political parties and wants this ban to be included in the UK election bill that is expected to be introduced ahead of the local elections in 2026. They are arguing that the
The U.S. Securities and Exchange Commission has pushed back decisions on two high-profile crypto exchange-traded funds (ETFs), by extending the review period for proposed rule changes of the Canary Pudgy Penguins (PENGU) and T. Rowe Price Active Crypto ETFs in two separate notices revealed today, with that, U.S. SEC, then
X is on the verge of introducing a new feature known as Smart Cashtags, aimed at eliminating ticker confusion and streamlining user conversations about stocks and cryptocurrencies on the platform. This is a rather sensitive time for the platform, given the increased enforcement by the Digital Service Act in Europe
Grok remains surrounded by the controversy over the creation of offensive deepfakes. Indonesia and Malaysia have taken stringent action, while the UK has threatened action and India has rung an alarm over it. The AI segment, in general, has taken note of this, and reactions are somewhat reflecting on AI
The regulator of Dubai’s main Financial free zone, Dubai Financial Services Authority (DFSA), has reset its crypto rules. It banned the privacy tokens and tightened stablecoin definitions. All of these rules are applied only inside the Dubai International Financial Centre (DIFC). This ban takes effect from January 12 and applies
