Kraken's parent Payward received Full Market Approval from Dubai's Virtual Assets Regulatory Authority (VARA) today (Monday). Kraken plans to start serving clients in the United Arab Emirates (UAE) in the coming weeks, the company said. The approval is the last stage of VARA's licensing process. It follows the preliminary authorization Payward FZCO received in May for a broker-dealer, investment a

Bybit opened trading in more than 1,000 US-listed stocks and exchange-traded funds today (Monday), with purchases paid in the USDC stablecoin. Orders are executed by Alpaca, a US broker-dealer that also holds the shares in custody, the Dubai-based crypto exchange said. The product is a step away from the equity derivatives Bybit already sells. It has offered stock contracts for difference (CFDs) o

The futures brokers of Coinbase and Robinhood held $581.4 million of segregated client money at the end of August. That is more than the $470 million all six US retail forex dealers owed their clients in the same month. Two years earlier the two firms' futures commission merchants (FCMs) held $40.3 million, according to FM Intelligence calculations from Commodity Futures Trading Commission (CFTC)

EU member states have rejected plans to put every digital-asset firm under direct ESMA supervision, drawing a line that leaves most of them under their familiar national watchdogs. This is a substantial retreat from the European Commission’s original proposal , presented in December 2025, which implied that ESMA would supervise every authorised crypto provider. The Council instead wants national r

Ledger has halted hardware wallet sales through Southeast Asian distributor CryptoBilis and advised anyone who purchased a device from CryptoBilis in the past 90 days not to begin setup. All active users should immediately sweep their balances to newly generated seed phrases. The world’s largest hardware wallet manufacturer is investigating a reported wallet drain that could lead to crypto losses

One Trading secured an undisclosed strategic investment from Nasdaq Ventures, laying the groundwork for the two firms to explore potential joint initiatives. Through this partnership, both companies plan to assess options for upgrading 24/7 operating infrastructure into traditional derivatives while broadening their available product offerings. London's trading industry is coming home! Amsterdam-b

Crossover Markets has partnered with Moomoo to provide the investment platform with access to its CROSSx digital asset execution network for US retail investors. London's trading industry is coming home! Moomoo launched crypto trading in the US last year with infrastructure provided by Coinbase . Finance Magnates later reported that the platform expanded its Texas crypto offering this year to incl

OKX has raised new funding at a $25 billion pre-money valuation from Circle, Qube Research & Technologies, Ripple and Standard Chartered’s SC Ventures. The round brings companies already connected to its stablecoin, liquidity and collateral infrastructure onto its shareholder register. The financing extends the March round led by Intercontinental Exchange (ICE), the parent of the New York Stock Ex

Binance has grouped its artificial intelligence products under a new Binance Intelligence brand, combining a newly launched retail market assistant with two trading tools that were already available in some form. Binance AI began rolling out to eligible users in New Zealand on 5 October and is expected to reach additional markets over the coming days. Agent OS has operated since August, while a li

The US Commodity Futures Trading Commission has opened a consultation on rules for retail commodity transactions involving crypto assets. The agency published an Advanced Notice of Proposed Rulemaking seeking comments on a regulatory framework for these transactions. The proposal covers requirements for retail crypto transactions and the markets where they are offered. London's trading industry is

eToro has joined 10 European crypto firms in a push to get more people using a euro-pegged stablecoin , the members said today (Monday). Their Eurøpe Consortium will start with EURØP, a token issued in France by Schuman Financial. Dollar-pegged tokens account for about 99% of global stablecoin market value, according to the European Central Bank's (ECB) Financial Stability Review from November 202

The US Securities and Exchange Commission has proposed allowing investment advisers and regulated funds to self-custody crypto assets when no permitted custodian is available. The exception is designed partly for newer or less widely supported tokens, but would come with extensive operational requirements. Self-custody would be a fallback rather than a free choice. Before holding an asset itself,

True Markets has launched an on-chain orderbook for tokenized equities, starting with Nvidia against USDC. The DeFi Orderbook is designed to address pricing and execution issues in 24/7 markets. The first market, NVDAc/USDC, is available to beta clients through the company’s APIs and FIX gateway. London's trading industry is coming home! The launch comes as tokenized equities expand into round-the

Bitcoin ended the third quarter with its strongest quarterly performance since the final three months of 2024, as renewed demand for US spot exchange-traded funds helped it recover from its yearly low. The cryptocurrency gained nearly 43%, rising from $58,562 at the start of July to $83,621 by the end of September, according to CoinMarketCap. Despite the rebound, it remained 33.7% below its all-ti

EU officials are questioning crypto exchange Binance over its use of reverse solicitation, a legal exemption, to keep serving customers in the bloc despite a failed licence bid and an order to wind down its EU business. London's trading industry is coming home! The Financial Times reported the questioning today (Thursday), citing people familiar with the matter. ESMA, the EU's markets watchdog, an

The UK's financial regulator has given crypto companies five months to apply for FCA authorisation if they want their applications assessed before the new crypto regulatory regime starts. London's trading industry is coming home! The Financial Conduct Authority started accepting applications today, September 30, with the new regulatory regime coming into force on October 25, 2027. Start Now to Mak

The CFTC’s approval of Coinbase Clearing LLC turns the US-based cryptocurrency exchange into an end-to-end derivatives platform. The entity, registered with the CFTC on September 28, is permitted to clear fully collateralised futures, options on futures, and swaps. How the Clearing Will Work Coinbase plans to use USDC as collateral for contracts cleared through the new entity. The company describe

Bitget has raised its estimate of assets transferred to attacker-controlled addresses from $351.6 million to $387.5 million, adding transfers through Zcash and TRON that were missing from the first calculation. London's trading industry is coming home! The revised figure is about 83.5% of its User Protection Fund, based on the exchange’s stated valuation of more than $464 million. Bitget would the

Japanese cryptocurrency exchange Coincheck has staged a comeback in crypto derivatives more than six years after closing its previous margin product. London's trading industry is coming home! The company’s new leveraged trading service, “Coincheck Leverage, is not a revival of Coincheck’s former lending-based margin model. It operates under the regulatory model of contracts for difference (CFDs).

Last week’s failed CLARITY Act cloture vote will be read as a setback for crypto. That reading misses where decentralized finance (DeFi) compliance was actually heading. London's trading industry is coming home! Investors have been watching legislative headlines while the decisions that will govern DeFi access, sanctions screening, and pre-settlement risk checks get written elsewhere. CLARITY Does