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Kraken's co-CEO contrasts Europe's pragmatic MiCA framework with the US's adversarial and slow regulatory approach. He warns that US delays could cede financial innovation leadership to the EU. Kraken has secured a MiCA license from Ireland's central bank for EEA operations.
Read MoreA 37-year-old California woman was sentenced to 18 months in prison for failing to report over $2.6 million in illegal crypto proceeds. Her ex-boyfriend masterminded fraud schemes and a kidnapping case. Luxury cars, bags, and assets were seized in the crackdown.
Read MorePresident Trump addressed the Iran issue at a press conference, stating the U.S. is doing "very well" and Iran will not have nuclear weapons. He described Iran's situation as "very bad" and announced an emergency meeting on the matter later today.
Read MoreThe Iranian President met with Pakistan's Interior Minister in Tehran, agreeing to deepen bilateral cooperation across trade, economy, and tourism. Discussions centered on leveraging regional potential to address shared challenges, highlighting the importance of enhanced regional integration in the current global context.
Read MoreThe U.S. is spearheading a $10 billion fund to rebuild Middle East energy infrastructure damaged in regional conflicts and reduce reliance on the Strait of Hormuz. Negotiations with Gulf allies are underway for joint funding. The move signals a united front against Iran, though some regional officials caution that rebuilding without a peace deal is premature.
Read MoreThe US Dollar Index rose 0.21% on September 21, closing at 100.430. This uptick suggests shifting market sentiment regarding Federal Reserve policy and reinforces the dollar's role as a safe haven amid global economic uncertainty. Traders are watching for signs of a sustained upward trend.
Read MoreBitcoin's surge past $86,000 has pushed the average cost basis for U.S. spot Bitcoin ETF holders into profit territory for the first time in 2024. Despite macro headwinds, ETFs saw strong inflows last week, with total assets nearing $100 billion.
Read MoreThe offshore RMB (CNH) continued its upward trend against the US dollar, closing at 6.6929 in late New York trading, a 26-point gain from last Friday. Over the past three sessions, it has risen approximately 0.3%, with trading remaining within a stable range. This article examines the key drivers behind the recent movement.
Read MoreJapan aims to host an AI-controlled robot competition on the International Space Station's Kibo module by 2027, targeting next-generation space engineers. This initiative is expected to boost the space robotics market, projected to reach $12.4 billion by 2035.
Read MoreA compelling investment thesis suggests AI agents, not humans, are the true end-users of crypto's 15-year infrastructure build-out. This shift is seen as a key driver for long-term Bitcoin demand, especially as tokenization unlocks trillions in illiquid assets, with Bitcoin positioned as a durable store of value.
Read MoreA Russian central bank official stated that cryptocurrency regulation is advancing as planned, with conditions for legal operation potentially met by year-end. Recent legislative moves and bank initiatives signal a systematic approach to integrating crypto assets, while exploring their role in cross-border transactions.
Read MoreSB Energy, a clean energy firm backed by SoftBank, has postponed its planned September IPO. Reports indicate insufficient investor interest at the targeted price range, highlighting market caution towards certain high-valuation tech assets.
Read MoreIranian Foreign Minister arrived in New York leading a high-level delegation to attend the 81st UN General Assembly. During the journey, the delegation made a stopover in Doha, Qatar, where they held urgent consultations with Qatari officials on the latest regional developments.
Read MoreThe onshore Chinese yuan closed higher against the US dollar on September 22, gaining 31 basis points to 6.6953. Trading activity remained robust, with turnover exceeding $31 billion, reflecting sustained market interest in yuan movements.
Read MoreThe SEC has approved a five-year framework for tokenized stock trading. However, TD Cowen notes limited near-term demand, as US investors already have easy access to stocks, and perpetual contracts remain more popular in crypto than tokenized spot products.
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