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xStocks launch on Ethereum

We’re excited to announce the next major step in the rapid growth of xStocks, the industry’s gold standard for tokenized equities. In partnership with Backed, Kraken is bringing xStocks to the Ethereum blockchain, unlocking a new wave of opportunities for tokenized stocks and ETFs to be integrated across the world’s most widely adopted smart contract…

Business

Coincheck to Acquire French Crypto Brokerage Aplo in Push Beyond Japan

In brief Japanese crypto exchange Coincheck plans to acquire French digital asset prime brokerage Aplo. Aplo’s founders will remain with the firm and continue expansion under Coincheck’s umbrella. The deal marks Coincheck’s latest effort to broaden institutional and retail offerings abroad. Coincheck, one of Japan’s largest cryptocurrency exchanges, said Tuesday it plans to acquire French…

Law and Order

Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

In brief Ukraine could recover up to $10 billion lost to unregulated crypto activity with more stringent regulation, according to the Royal United Services Institute. A new RUSI report noted that Russian actors are exploiting regulatory gaps to fund military procurement and spread drugs. Ukrainian lawmakers face a 2025 deadline to align with EU rules…

Coins

Gavin Newsom Wants to Launch a Meme Coin Just to Troll Trump

In brief California governor Gavin Newsom has been trolling President Donald Trump in an ongoing campaign. In his latest idea to poke fun at the crypto-friendly president, Newsom said he will release his own meme coin. Democrats have criticized President Trump’s crypto ventures, particularly his meme coin, Official Trump. California governor Gavin Newsom has said…