Category: Business

[ad_1] Bullish agreed to acquire transfer agent Equiniti from Siris Capital in a $4.2 billion transaction, giving the crypto exchange a major shareholder recordkeeping business as it pushes deeper into tokenized securities. As part of the deal, Bullish will assume $1.85 billion in debt from Equiniti, according to a Tuesday announcement. The transaction is expected…

[ad_1] Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys, a crypto infrastructure company.  “The US dollar is the world’s largest fiat on-ramp for cryptocurrency,…

[ad_1] Key Takeaways Atkins highlighted broader SEC interest in formal onchain market structure rulemaking. Blockchain-based trading and clearing systems may receive tailored regulatory treatment under future proposals. Crypto vaults drew increased attention as regulators examine securities and adviser law implications. Atkins Maps Broader SEC Shift Toward Onchain Frameworks Securities and Exchange Commission (SEC) Chairman Paul…

[ad_1] Bitwise Asset Management plans to take over investment management of Superstate’s Crypto Carry Fund, marking the crypto asset manager’s first move into tokenized funds. The fund, known as USCC, will be renamed the Bitwise Crypto Carry Fund after the transition, which is expected to be completed on June 1, 2026. The fund will keep…

[ad_1] Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin payments and business-to-business (B2B) financial infrastructure. Payward has entered into a definitive agreement to acquire Reap for up to $600 million, the company announced Thursday. The deal is set to be paid in a…

[ad_1] US Senator Kirsten Gillibrand said lawmakers working towards passage of a digital asset market structure bill likely need to meet three conditions before the chamber could vote on the legislation. Speaking at the Consensus conference in Miami on Wednesday, Gillibrand said she considered addressing consumer protection, illicit finance, and ethics provisions essential before any…

[ad_1] Key Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like bank interest. Circle (CRCL) stock surged nearly 20% to $119.53 as the market reacted to the bipartisan CLARITY Act update. Regulators will now draft a new disclosure regime for Circle and others before a Senate markup in May…

[ad_1] Russia’s largest securities marketplace, the Moscow Exchange (MOEX), will begin calculating and publishing indices for four digital currencies, including Solana (MOEXSOL), XRP (MOEXXRP), TRON (MOEXTRX), and BNB (MOEXBNB), starting May 13, according to a Monday announcement. These will complement its existing Bitcoin and Ethereum indices, increasing the total number to six, with a long-term…

[ad_1] Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or XRP). Gold users can earn up to 10%, while standard users can receive up to 2.5% through a limited-time launch campaign. Campaign rewards depend on spending through Aug. 5, with point caps applied to…

[ad_1] Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it a consolidated subsidiary, extending its push to consolidate regulated crypto trading platforms in Japan as the country moves toward securities-style rules for digital assets. The financial conglomerate said Friday it is considering a share acquisition as part of…