Category: Business

[ad_1] Key Takeaways: The FCA opened consultation CP26/13 on April 15, 2026, giving firms until June 3 to respond on crypto perimeter rules. Exchanges, custodians, and stablecoin issuers must secure FSMA Part 4A authorization before the October 25, 2027 deadline. The FCA authorization gateway opens September 30, 2026, giving firms 18 months to complete applications…

[ad_1] Tether will inject up to $127.5 million into Drift Protocol as part of a recovery plan totaling nearly $150 million following the platform’s recent exploit that led to about $285 million in user losses, the company announced Thursday. Tether CEO Paolo Ardoino hinted at the bailout earlier today. Today will be a good day…

[ad_1] Crypto exchange Zonda said a cold wallet holding around 4,500 Bitcoin is currently inaccessible as the platform faces concerns over delayed withdrawals. Zonda CEO Przemysław Kral posted a video statement on Thursday disclosing the exchange’s wallet address, saying the private keys to the wallet were never handed over. In the statement, Kral denied accusations…

[ad_1] The committee, led by Tether’s head of government affairs, reported spending $3 million on advertising through a company co-founded by Tether US CEO Bo Hines. The latest filing by the crypto-aligned political action committee (PAC) headed by stablecoin issuer Tether’s head of government affairs shows $11 million in contributions from financial institutions. In a…

[ad_1] Key Takeaways: Sen. Thom Tillis plans to release revised CLARITY Act draft language this week, targeting a Senate Banking Committee markup in late April 2026. The proposed Tillis-Alsobrooks framework bans passive stablecoin yield but permits activity-based rewards, splitting a dispute between banks and Coinbase. Prediction markets give the CLARITY Act a 59% chance of…

[ad_1] StarkWare is laying off staff and restructuring its operations as the firm pivots from infrastructure toward building its own revenue-generating products, co-founder Eli Ben-Sasson announced in a social post on Monday. I am sharing here a message I shared with the StarkWare team following things I said at an All Hands meeting: ========StarkWare is…

[ad_1] Key Takeaways: With the Middle East war raging, fiat currencies in Brazil and Argentina rose, drawing future inflows next. Following a January Trump Administration intervention, Venezuela can offer a new future market opportunity. Brandywine’s Jack McIntyre, managing $44B, predicts Asian markets will shift funds to Latam oil next. Latam, Isolated From Energy Issues, Becomes…

[ad_1] In March, the US jobs market recorded 178,000 new jobs, marking little change from the month before, according to the Bureau of Labor Statistics.  The anemic growth in job listings comes amid volatile policy swings from the White House, increased energy prices due to the US and Israel’s war with Iran and, according to…

[ad_1] A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with US regulators in a growing dispute over how event-based trading products should be classified. In an…

[ad_1] Nasdaq-listed Bitcoin mining firm BitFuFu reported today that it produced 214 BTC in March while selling 80 BTC from its treasury. Total holdings have dropped to 1,794 BTC, valued at approximately $131 million at current market prices. BitFuFu first disclosed its Bitcoin holdings in late 2024 at 1,664 BTC, which later rose to a…