Regulation

Kraken's parent to acquire CFTC-regulated exchange Bitnomial

Payward (Kraken's parent) is buying Bitnomial for its CFTC DCM license, accelerating Kraken's US derivatives rollout in response to Coinbase's push.

Circle unveils USDC Bridge for native cross-chain stablecoin transfers

Circle's USDC Bridge burns USDC on source chain and mints native USDC on destination, avoiding the wrapped-token model behind the Kelp DAO exploit.

Congress nears stablecoin bill making regulated dollars act like digital cash

House bill would let approved stablecoin issuers (Circle, Paxos) issue tokens usable as digital cash without transaction KYC. Algorithmic stablecoins excluded.

Warren claims SEC Chair Atkins likely misled Congress over enforcement data

Senator Warren accuses SEC Chair Atkins of providing misleading enforcement stats, demands corrected testimony and full data by May 1.