[CRYPTO]

Crypto.com secured $400 million in strategic funding from Citadel Securities, marking the exchange's first institutional investment round. The deal values the Singapore-based platform at $20 billion.

Visa has unveiled a new platform enabling financial institutions to issue, move, and manage stablecoins. The expansion marks the payments company's latest step into cryptocurrency infrastructure.

Miami-based Cyclops secured $20M in Series A funding for its infrastructure platform that integrates crypto and stablecoin services into payment systems. The platform addresses a growing gap between stablecoin settlement capabilities and payment provider adoption.

Christopher Giancarlo, former Commodity Futures Trading Commission chair, says current prediction market regulations require refinement. Giancarlo, now joining Jefferies as senior adviser for investment banking, discussed the regulatory landscape during a Bloomberg Crypto appearance.

The SEC has postponed a plan that would have granted broad exemptions allowing US crypto firms to trade tokenized versions of stocks. The delay affects a significant expansion of crypto assets linked to traditional equities.

Kelp DAO has completed recovery of its restaked Ether token following a five-week effort to address a $293 million exploit attributed to North Korea's Lazarus Group in April.

Morgan Stanley launched a cryptocurrency trading pilot on E*Trade with lower fees than Coinbase, Robinhood, and Charles Schwab. The firm plans a broader rollout in 2026.

Crypto exchange Bullish agreed to acquire UK-based financial services outsourcing firm Equiniti from Siris Capital for $4.2 billion. The deal is expected to close in January 2027.

Crypto investor Katie Haun has closed $1 billion in new venture funds, marking an expansion beyond digital assets into artificial intelligence and agentic finance.

Polymarket has partnered with blockchain analytics firm Chainalysis to deploy detection tools designed to identify insider trading patterns on its prediction market platform.

The Securities and Exchange Commission has postponed releasing an 'innovation exemption' that would permit crypto firms to trade tokenized versions of U.S. stocks, according to sources cited by Bloomberg.

Prediction market platform Polymarket has applied for regulatory approval from the CFTC and NFA to offer margin trading in the United States. The feature would allow users to place bets with less capital upfront.

Circle Internet Group received regulatory approval to establish a national digital-currency trust bank, enabling it to offer institutional custody services for its stablecoin operations.

A federal judge dismissed Sam Bankman-Fried's request for a new trial, calling it a waste of court resources. The FTX founder claimed the Biden administration's DOJ unfairly targeted him after he publicly identified as Republican.

Two Democratic senators have requested information from Commerce Secretary Howard Lutnick and cryptocurrency firm Tether regarding a loan involving a trust that benefits Lutnick's children.

Visa's stablecoin settlement pilot has expanded to support nine blockchain networks and reached a $7 billion annualized transaction rate. The payments giant now includes Base, Polygon, Canton Network, Arc, and Tempo among its supported platforms.

Kraken, the cryptocurrency exchange planning a U.S. public listing, is pursuing a full banking license in Europe with Lithuania as its target jurisdiction.

The cryptocurrency sector is in a holding pattern as it awaits details on potential regulatory legislation, according to Arianna Simpson, former Andreessen Horowitz general partner. Bitcoin has retreated from its October peak of $126,000.

Ripple received Crypto-Asset Service Provider (CASP) authorization from Luxembourg's financial regulator CSSF, achieving full Markets in Crypto-Assets (MiCA) compliance. The approval enables the company to offer crypto services across all 30 European Economic Area countries.

Nearly 1 million people lost $3.8 billion collectively after purchasing President Donald Trump's $TRUMP memecoin, while Trump himself profited $636 million from the token.

Payward, the company operating crypto exchange Kraken, reported a significant drop in first-quarter adjusted earnings and has begun laying off staff to control costs. The exchange may also delay its initial public offering.

Polymarket has partnered with Nasdaq to create prediction markets tied to private company milestones, including IPO timing, valuations, and earnings. The collaboration targets major unicorns across AI, fintech, and crypto sectors.

The Securities and Exchange Commission is preparing to release an innovation exemption that will allow trading of crypto versions of stocks. The move marks a significant step toward integrating blockchain technology into traditional equity markets.

Polymarket and Kalshi continue operating in India despite government warnings that the platforms violate local law. Both services allow Indian users to sign up and trade on their prediction markets.

Iran's largest cryptocurrency exchange, Nobitex, has processed over $2.3 billion through Tron and BNB Chain since 2023, with $23 million flowing through the platform since February's escalation of regional conflict.

Standard Chartered plans to acquire the crypto custody business of Zodia Custody Ltd., its majority-owned subsidiary, consolidating digital-asset operations under the bank's main entity.

German consumers will soon trade cryptocurrencies directly through their local banks, eliminating the need for third-party platforms. The shift marks a significant expansion of crypto accessibility in the country's financial system.