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Tag: Regulation

Canada Proposes Nationwide Ban on Crypto ATMs

Canada Proposes Nationwide Ban on Crypto ATMs Citing Primary Role in Fraud and Money Laundering

Regulatory proposal: The federal government outlined plans to prohibit all crypto ATMs across Canada in the Spring Economic Update released April 28, 2026. Official rationale: Machines described as a “primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime.” Market position: Canada maintains the world’s highest concentration of crypto ATMs per capita, with reports citing nearly 4,000...

Cryptocurrencies, Front page, News, Regulation

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Kraken Parent Payward to Acquire Bitnomial for Up to 0 Million

Kraken Parent Payward to Acquire Bitnomial for Up to $550 Million, Gaining Full CFTC-Licensed U.S. Derivatives Stack

Deal terms: Payward will acquire 100% of Bitnomial for up to $550 million payable in cash and stock, valuing the parent company’s equity at $20 billion. Licenses secured: The transaction gives Kraken control of a fully CFTC-regulated U.S. derivatives platform, including an exchange, clearinghouse and brokerage. Strategic impact: Bitnomial, the first crypto-native firm to hold the complete suite of CFTC licenses, spent over a decade...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Weekly Snapshot – Bitcoin Rallies on Ceasefire

The crypto market ended the week higher after a sharp mid-week rally, with Bitcoin recovering from recent lows to test $73,000 before settling near $71,000 by April 13. Total market capitalization climbed above $2.5 trillion as geopolitical de-escalation and steady institutional buying offset lingering macro caution. The Ceasefire RallyThe dominant driver was the US-Iran ceasefire announcement, which collapsed oil prices and triggered a...

Bitcoin, Crypto market, Crypto regulation, Cryptocurrencies, Ethereum, News, Regulation

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Hong Kong Issues First Stablecoin Licenses to HSBC and Standard Chartered Consortium

Hong Kong Issues First Stablecoin Licenses to HSBC and Standard Chartered Consortium

First approvals: HKMA issued the initial batch of stablecoin licenses to HSBC and Anchorpoint Financial (Standard Chartered-led consortium with Animoca Brands). Regulatory milestone: Licenses granted under the Stablecoins Ordinance that took effect in August 2025; HKMA reviewed 36 applications. Strict safeguards: Stablecoins may only transfer to identity-verified wallets; travel rule applies to transfers above HK$8,000. Issuer...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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CFTC Chief Warns Prediction Market Traders Insider Trading Laws Fully Apply

CFTC Chief Warns Prediction Market Traders: Insider Trading Laws Fully Apply

CFTC position: Enforcement Director David Miller stated that insider trading laws apply to prediction markets, directly countering claims that they do not. Legal classification: Event contracts are treated as swaps rather than gaming, subjecting them to standard market-abuse rules. Market scale: Prediction markets have scaled to more than $20 billion in monthly volume according to TRM Labs data. Recent scrutiny: Suspicious...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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