CME Group plans to sue the Commodity Futures Trading Commission over its approval of perpetual futures in the United States, escalating a fight over whether crypto-style derivatives should be allowed inside regulated U.S. markets. CME Chairman and Chief Executive Terry Duffy said the exchange operator will challenge the regulator’s decision, arguing that the approval process
Binance founder Changpeng Zhao said countries should tokenize their stock markets and issue their own stablecoins, arguing that governments can use blockchain infrastructure to expand access to local assets and increase global use of national currencies. The comments add to a growing debate over whether tokenization should be led by private crypto firms, traditional financial
Why Did Range Raise New Funding? Stablecoin infrastructure startup Range has raised $8.3 million in an oversubscribed Series A round, bringing the Zug-based company’s total funding to $11 million. The round was backed by a mix of traditional fintech investors and crypto-native funds. Swiss-based TX Ventures and U.S.-based SixThirty joined the financing alongside Maven 11
Why Is Kraken Adding DEX Trading To Its Main App? Kraken is launching onchain decentralized exchange trading through its main mobile app, giving customers access to thousands of tokens across the Solana ecosystem without requiring them to leave the exchange’s core interface. The move brings early-stage token markets closer to Kraken’s existing customer base. Users
Why Did Capital B Seek Such A Large Fundraising Mandate? France-listed Bitcoin treasury company Capital B has received shareholder approval to raise up to €105 billion, or about $120.4 billion, through new capital and credit instruments to fund future Bitcoin purchases. The approval gives the company one of the most aggressive financing mandates in the
Why Are U.S. Regulators Tightening Stablecoin Rules? U.S. financial regulators have released a proposed rule that would require stablecoin issuers to verify customer identities, bringing issuers closer to the compliance standards already applied to banks, brokerages, and other regulated financial firms. The proposal was issued by the Federal Reserve, Treasury Department, Office of the Comptroller
Why Is Franklin Templeton Linking Equity Dividends to Bitcoin? Franklin Templeton has filed to launch 2 exchange-traded funds that would use dividends from U.S. stock holdings to buy bitcoin exposure, creating a regulated product structure that blends traditional equity portfolios with a systematic crypto allocation. The proposed funds are the Franklin US Equity Bitcoin DRIP
What Did Morgan Stanley Change in Its ETF Filings? Morgan Stanley has filed new amendments for its proposed spot Ethereum and Solana exchange-traded funds, moving both applications further through the launch process after the bank’s recent bitcoin ETF debut. The Wall Street bank submitted amended S-1 registration statements to the Securities and Exchange Commission on
Why Is UniCredit’s Russia Sale Under Fresh Attention? UniCredit’s planned exit from Russia is drawing renewed scrutiny after the Italian bank confirmed that Riccardo Orcel, a former senior banker at Russian state-backed VTB Group and brother of UniCredit CEO Andrea Orcel, helped broker the agreement. Riccardo Orcel’s involvement offers a clearer view of how Italy’s
What Happened in the Minnesota Crypto Robbery? Two brothers from Texas pleaded guilty to robbing a Minnesota family of more than $8 million in cryptocurrency after holding them at gunpoint for more than eight hours during a September 2025 home invasion, federal prosecutors said. Isiah Angelo Garcia, 25, and Raymond Christian Garcia, 24, each pleaded