Kraken Hits $5B Volume for Tokenized Stocks, Reveals Revenue Jump
Cryptocurrency exchange Kraken announced Wednesday that trading in its tokenized US equities product, xStocks, has surpassed $5 billion in combined volume since its July launch.
UK Sues Justin Sun’s HTX Crypto Exchange Over Illegal UK Ads
The UK’s Financial Conduct Authority (FCA) is suing crypto exchange HTX for breaking the country’s financial promotion laws.
Bitcoin ETFs Lure $477 Million as Investor Appetite Shifts from Gold
US spot Bitcoin ETFs snapped a period of outflows on Tuesday, recording a net inflow of $477.2 million, a move that comes amid reports of softening demand for traditional safe havens like gold.
Kraken to UK Regulators: Move Faster on Crypto Rules or Risk Falling Behind
Kraken’s UK chief has called for faster regulatory action on stablecoins and tokenization.
Japan to Let Banks Launch Crypto Trading Units
Japan’s financial watchdog is preparing to allow banking groups to establish cryptocurrency trading services, the Nikkei reported.
After Spot Bitcoin ETFs, Is a Staked Ether ETF Next? VanEck Bets Yes
The race for the next major crypto ETF is on. Fresh off the success of spot Bitcoin funds, VanEck has placed the first bid for a staked Ether ETF.
MicroStrategy Buys the Dip: Adds 168 Bitcoin to its $71 Billion Hoard
Bitway’s treasury giant MicroStrategy (operating as Strategy) has bought more Bitcoin.
