Kraken applies for a European banking license, acquires Bitnomial to launch TRX futures, and introduces crypto safes and tokenized stock services.
The CFTC resolved allegations that former Rep. George Santos manipulated Kalshi prediction markets regarding his State of the Union attendance. Santos profited over $17,500 by betting against his own presence, signaling intensified regulatory scrutiny on
Individual investors on Kalshi incurred nearly $294 million in net losses from complex parlay wagers. Professional firms capitalized on this structural imbalance, intensifying regulatory scrutiny regarding consumer protection and the suitability of high-r
Fanatics acquires Water Street Labs and CX Clearinghouse from BGC Group to build CFTC-regulated prediction market infrastructure, bypassing third parties and targeting retail and institutional traders in the growing event-based derivatives sector.
Regulated perpetual futures enter US markets via Kalshi and Coinbase, drawing cautious interest from Wall Street. While prop firms test the waters, big banks delay adoption due to regulatory uncertainty, liquidity concerns, and infrastructure costs.
Chicago-based Bitnomial, acquired by Kraken parent Payward, introduces regulated TRX futures to eligible U.S. investors. This expansion leverages federal oversight and exchange resources to address growing demand for altcoin derivatives exposure in the do
Kraken Institutional partners with Upshift to deploy custom DeFi vaults for qualified investors. The service merges Kraken’s custody with Upshift’s infrastructure, enabling tailored yield strategies on BTC, ETH, and stablecoins while mitigating instit
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