Everything web3, crypto, defi, degen
President Donald Trump is reportedly intensifying his pro-crypto agenda with plans to expand access to trillions from retirement funds and ease taxation for everyday crypto use.According to a June 17 report by the Financial Times, sources familiar with the matter say the President could soon issue an executive order allowing 401(k) retirement plans to invest…
In brief Kraken has launched CME-based Bitcoin and Ethereum futures for U.S. traders. The new offering coincides with congressional approval of landmark digital asset bills during what Republicans have dubbed “Crypto Week.” The CFTC gains ground as a preferred regulator, raising hopes for clearer rules across the industry. Kraken launched a regulated crypto futures platform…
In brief The House passed the stablecoin-focused GENIUS Act with overwhelming bipartisan support, sending the bill to President Trump’s desk for signature. The CLARITY Act, a crypto market structure bill, also performed much better than expected, passing the House handily with 78 Democratic votes. Industry leaders hailed the successful culmination of “Crypto Week,” which only…
AMERICA INVEST ACT, CORP TREASURY STOCKS & PUMP FUNCrypto dips on tariff letters, then recovers. ETH outperforms, altcoins weak after PumpFun news. PumpFun plans $600m token sale, $4b valuation. Trump admin to publish crypto report on July 22. US government deposits $218k ETH to Coinbase. Robinhood speaking to US on tokenised shares. Truth Social files…
CRYPTO DIPS THEN RECOVERS, PUMPFUN PLANS TOKEN SALE, TARIFF HEADLINES RETURNCrypto dips on tariff letters, then recovers. ETH outperforms, altcoins weak after PumpFun news. PumpFun plans $600m token sale, $4b valuation. Trump admin to publish crypto report on July 22. US government deposits $218k ETH to Coinbase. Robinhood speaking to US on tokenised shares. Truth…
Today marks a pivotal moment for Kraken. The SEC staff has agreed in principle to dismiss its lawsuit against Kraken with prejudice, with no admission of wrongdoing, no penalties paid and no changes to our business. The SEC’s decision to dismiss its lawsuit against us (and many others) is more than just a legal victory…
By Jonathan Jachym, Kraken Global Head of Policy and Government Relations Just weeks ago, I had the privilege of testifying before the U.S. House Financial Services Subcommittee on Digital Assets. It’s difficult to overstate the magnitude of the opportunity we now have to finalize U.S. market structure legislation and create a clear regulatory framework for…
By Bivu Das, Kraken U.K. General Manager “Tax complexity itself is a kind of tax.” This famous quote from U.S. Senator Max Baucus resonates regardless of your country of residence. In the emerging crypto ecosystem, there are additional complications given the lack of clear and consistent jurisdictional tax guidelines and the importance of accurately tracking…
What happened Recently, an Australian Federal Court issued a judgment in a lawsuit filed by ASIC against Kraken concerning the availability of our Margin Extension product to Australian retail investors. We adamantly believe that our clients deserve access to innovative crypto products. We supported the Court’s effort to seek clarification around our Margin Extension product,…
The intimate conversation between two prominent crypto-sector thought leaders provided a comprehensive snapshot of how far the U.S. financial technology regulatory discussion has come. Its tone resonated through following panels with other influential crypto policy experts including SEC Commissioner Hester Pierce, CFTC Commissioner Kristin Johnson, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY), Representative Ritchie…
