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By the time another headline declares the CLARITY Act stalled because "crypto bros want yield," we have already lost the plot. The narrative that stablecoin rewards alone are holding up America's first comprehensive digital asset market structure framework is not just incomplete.
It is dangerously reductive. I can tell you that the delays stem from
...Investors continue to move into dollar-pegged tokens as geopolitical risk and prolonged weakness in crypto markets push them toward perceived safety on-chain.
The total stablecoin market capitalization hit a record $313 billion on Sunday, underscoring resilient demand even as the broader digital asset space remains under pressure and tensions
...The parent company of crypto exchange Kraken Payward and Nasdaq will jointly develop an infrastructure connecting tokenized equity markets with decentralized blockchain networks.
According to Monday announcement, xStocks framework will power the permissionless infrastructure layer and enable tokenized stocks to interact with open blockchain networks
...Cryptocurrency exchange Coinbase has launched new futures contracts for users in Europe. The rollout provides access to both crypto and traditional market exposure through regulated products.
The offering is Coinbase’s first under its MiFID II licence, reported in January this year, ...
The owner of the New York Stock Exchange is moving deeper into crypto. Intercontinental Exchange (ICE) has taken a minority stake in exchange OKX, linking one of Wall Street’s key infrastructure operators with a major global trading platform.
The investment values OKX at roughly $25 billion, according to people familiar with the deal, and gives ICE a seat on the exchange’s board. ICE
...The Bank of Russia has proposed allowing banks and brokerage firms to obtain licenses to operate crypto exchanges, a move that would place traditional financial institutions at the center of the country’s future regulated digital asset market.
The proposal was outlined by Central Bank Governor Elvira Nabiullina at an annual meeting with credit organisations. According to the
...Crypto firms have spent years trying to gain direct access to the plumbing of the U.S. financial system. Kraken has now become the first to get it.
The decision could reshape how digital-asset firms move dollars and interact with the traditional financial system, reducing dependence on partner banks.
What a Fed Master Account Actually is
A master account is essentially the
...Core Scientific has secured a financing agreement with Morgan Stanley worth up to $1 billion to expand its digital infrastructure operations. The company completed the initial $500 million closing of a 364-day loan facility, which includes an option to increase total commitments to $1 billion.
$500M Facility with Expansion Option
...Dubai’s virtual asset regulator has issued a public warning about crypto exchange KuCoin, saying the platform may have offered services to residents of Dubai without regulatory approval.
The regulator has previously taken enforcement action against firms operating without authorization. In 2025, ...
Crossover Markets has raised $31 million in a Series B round led by Tradeweb Markets, valuing the digital asset trading technology firm at $200 million. The deal marks Tradeweb’s first move into institutional crypto trading as it partners with Crossover to provide spot crypto liquidity to global clients.
Tradeweb Expands into Crypto Markets
...The US’ top derivatives regulator is gearing to open the door to crypto perpetual futures. Speaking on Tuesday at the Milken Institute’s Future of Finance conference, Michael Selig, Chairman of the Commodity Futures Trading Commission (CFTC), said the agency would establish a framework within the “next month or so”.
Crypto perpetual futures, or “perps,” allow traders
...Kraken has received approval for a Federal Reserve master account, allowing its banking unit, Kraken Financial, to access the Fed’s core payment systems directly. The move makes it the first U.S. digital asset bank to operate on the same payment rails as traditional financial institutions.
The approval comes as Kraken has filed a confidential
...When US-Israeli strikes on Iran began last weekend, local crypto activity did not explode in a rush for the exits. Instead, transaction volumes and flows on Iranian platforms fell sharply as authorities enforced sweeping internet restrictions and exchanges shifted into defensive operations.
TRM Lab's analysis shows that Iran’s largest exchange,
...Nasdaq has filed a request with the U.S. Securities and Exchange Commission (SEC) to list binary options tied to the Nasdaq‑100 index and its smaller micro version.
Nasdaq’s filing follows Cboe’s similar plans to offer prediction‑style derivatives. Both exchanges are responding to investor demand for simplified ways to speculate on short‑term market
...US and Israeli strikes on Iran over the weekend sent shockwaves through prediction markets, exposing sharp operational contrasts as hundreds of millions of dollars were wagered under pressure.
How Polymarket Handled the Iran Shock
Polymarket alone saw $500 million traded on US military action contracts. When strikes were confirmed, blockchain analysts immediately reviewed betting
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