Everything web3, crypto, defi, degen
In brief A new report from TRM Labs found that Kyrgyzstan appears to be serving as a front for crypto platforms linked to shuttered Russian exchange Garantex. Russia-linked activity accounts for almost all of Kyrgyzstan’s crypto industry, which was “virtually nonexistent” prior to the invasion of Ukraine in 2022. Experts told Decrypt that Kyrgyzstan’s political…
In brief BNY Mellon and Goldman Sachs are working together on a tokenized money market fund (MMF) product. The product will allow fund managers to subscribe to MMF shares that earn a tokenized representative. The goal is to unlock utility and transferability of MMF shares. Publicly traded financial giants BNY Mellon Corporation and Goldman Sachs…
Western Union has become the latest financial giant to signal interest in stablecoins, as competition heats up in the global remittance market and regulatory clarity improves.Speaking to Bloomberg on Tuesday, CEO Devin McGranahan said the firm saw three opportunities for stablecoin use around faster cross-border payments, better fiat conversion options in harder-to-reach markets, and offering…
In brief Pump.fun boasts some of the most impressive numbers in the entire crypto industry, growing faster than any crypto app before it. It recently raised $600 million in an ICO, but it’s PUMP token is now close to falling below its ICO price. As competitors rise and Pump.fun’s revenue slows, can the Solana meme…
In brief Robinhood CEO Vlad Tenev acknowledged that the company’s recent issuance of tokenized OpenAI stock garnered controversy, but nonetheless called the experiment a “big milestone.” OpenAI denounced the initiative, which it did not authorize, earlier this month. The tokenized stock let holders track the private company’s price, but did not offer OpenAI equity or…
We’re thrilled to announce that Kraken has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from the Central Bank of Ireland (CBI). This marks a pivotal milestone in our European expansion, unlocking the ability to scale faster across the region by offering regulated services and engaging directly with clients across all…
With Europe’s institutional appetite for digital assets increasing and its regulatory framework firming up, we recently hosted Unlocking Derivatives: Regulation, Markets & Beyond. The session convened market leaders and asset managers to talk through the growing relevance of crypto derivatives for professional investors. Following our recent launch of Europe’s largest regulated futures offering, here’s a…
Have you ever asked yourself: Why can’t I trade stocks at 2 a.m.? Why is it still so difficult and expensive to access U.S. equities from outside the U.S.? Can’t crypto fix that? The truth is simple: Traditional finance (TradFi) hasn’t kept up with the pace of innovation. Global markets still operate on outdated rails,…
We’re excited to announce our launch of regulated crypto derivatives in Europe, providing our clients and partners with access to a full suite of liquid futures instruments – all within a recognized regulatory framework. Eligible clients and partners in the European Economic Area (EEA) can now trade a broad range of crypto derivatives, including both…
April 30, 2025 | Kraken Embed Announcing a turnkey solution for banks, fintechs and financial platforms — now powering bunq’s in-app crypto trading. As appetite for crypto grows, financial platforms are racing to meet demand. But building secure, compliant infrastructure is complex, expensive and time consuming. Kraken Embed – scalable Crypto-as-a-Service – makes it easy…
