Kraken Seeks to Become a Bank in Europe: What It Could Mean
Kraken is pursuing banking status in Europe, signaling the cryptocurrency exchange's ambition to evolve from a trading platform into a full-service financial institution on the continent.
Strike has launched bitcoin-backed loans with a "volatility-proof" option that eliminates margin calls and collateral liquidation, backed by a $2. 1 billion credit facility from Tether.
Kraken is pursuing banking status in Europe, signaling the cryptocurrency exchange's ambition to evolve from a trading platform into a full-service financial institution on the continent.
The plaintiffs, two New York-based traders, are suing Polymarket over a market that asked whether Strategy would sell any Bitcoin in 2025, according to a report from Crypto. news .
TeraWulf announced the lease agreement alongside a separate transaction involving the sale of a majority interest in its Abernathy joint venture to FluidStack. The lease places Anthropic as a long-term tenant at TeraWulf's Kentucky-based facility.
Former Tether Chief Investment Officer Richard Heathcote is seeking to sell his stake in the stablecoin issuer, according to a Bloomberg report, a move that comes after his recent transition out of the company's top investment role.
Circle's USDC appears to be pulling ahead of Tether's USDT in stablecoin transaction volume, based on data tracked through Visa's on-chain analytics dashboard, signaling a potential shift in how the two dominant stablecoins are used for payments and settlements.
Ripple has secured a full MiCA-compliant Crypto-Asset Service Provider (CASP) license in Europe, upgrading its preliminary authorization and positioning the company to offer regulated crypto services across the European Union.