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Kraken appoints former Paxos executive as its new chief legal officer
Charles Thuo 1:11 PM
Kraken has appointed former Global General Counsel as legal chief The exchange recently gained an EU MiFID license for regulated trading With the new legal chief, Kraken aims to navigate US regulatory challenges Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new Chief Legal Officer. The news comes a day The post Kraken appoints former Paxos executive as its new chief legal officer appeared first YGELD.
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CFTC wants more information Crypto.com, Kalshi Super Bowl contracts
Rebecca Campbell 12:57 PM
The CFTC is questioning whether Crypto.com and Kalshi meet derivatives regulations In December, Crypto.com’s CEO said its derivatives trading platform was the “first regulated platform in the US” Robinhood launched its Super Bowl event contracts Monday Crypto.com and prediction marketplace Kalshi have been asked to provide more information to the US Commodity Futures Trading The post CFTC wants more information Crypto.com, Kalshi Super Bowl contracts appeared first YGELD.
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India’s financial regulator fines Bybit $1M, compliance status unclear
Charles Thuo 12:36 PM
Bybit has been fined $1.06 million for PMLA non-compliance India blocked Bybit sites pausing the exchange operations in the country Bybit is seeking a VDASP license amid compliance confusion India’s financial watchdog has levied a hefty fine Bybit, one of the world’s largest crypto exchanges, for failing to adhere to the country’s stringent anti-money The post India’s financial regulator fines Bybit $1M, compliance status unclear appeared first YGELD.
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Neptune adds 20 BTC to Bitcoin strategy, also buys 1m DOGE
Benson Toti 6:56 PM
Canadian blockchain firm Neptune Digital Assets announced it purchased 20 BTC worth almost $2 million The company also bought Dogecoin, scooping the meme coin December 27, 2024, at the average price of $0.37 per DOGE Neptune Digital Assets, a Canada-based blockchain firm, has announced it added 20 Bitcoin to its holdings. The publicly-traded company, The post Neptune adds 20 BTC to Bitcoin strategy, also buys 1m DOGE appeared first YGELD.
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US unions sue Treasury Department after letting Musk’s DOGE access personal financial information
Rebecca Campbell 3:06 PM
The lawsuit claims DOGE has been given “unlawful” access to personal and financial information The sensitive information includes names, addresses, bank details, social security numbers, birth dates, and email addresses US union groups have sued the US Treasury and Treasury Secretary Scott Bessent for allowing Elon Musk’s DOGE agency to access individuals’ personal and financial The post US unions sue Treasury Department after letting Musk’s DOGE access personal financial information appeared first YGELD.
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Floki approves investing $125K into BADAI with Dogizen presale ending in two days
Charles Thuo 1:36 PM
Floki invests $125K in $BADAI AI protocol Less than two days are remaining for the Dogizen presale to close Both BADAI and Dogizen aim to innovate in blockchain The Floki DAO has overwhelmingly voted to invest $125,000 into the BADAI, an AI Agent protocol set to launch the BNB Chain. Floki DAO Passes Vote The post Floki approves investing $125K into BADAI with Dogizen presale ending in two days appeared first YGELD.
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THORChain approves conversion of $200M debt into equity tokens
Charles Thuo 12:10 PM
THORChain node operators have approved a restructuring plan allowing it to convert its $200M debt into equity tokens. The move is aimed at stabilizing THORChain’s operations addressing its liabilities. THORChain (RUNE) price rose 13.7% after the news but remains down 72.7% over the past month. THORChain node operators have approved a restructuring plan proposal The post THORChain approves conversion of $200M debt into equity tokens appeared first YGELD.
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Crypto dips further China’s retaliatory tariffs
Onose Enaholo 10:23 AM
The crypto market fell further early Tuesday after China announced retaliatory tariffs select US imports Meanwhile, US Bitcoin spot ETFs recorded $234.40 million outflows yesterday Cryptocurrency prices have taken another hit as retaliatory tariffs, announced China, further dampen sentiments. Bitcoin’s price, which showed some resilience in Monday’s trading session, opened the week at The post Crypto dips further China’s retaliatory tariffs appeared first YGELD.
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Dogizen readies for open market as crypto majors rebound
Crispus Nyaga 7:59 PM
Crypto majors crumbled in early Monday session as financial markets reacted to President Trump’s decision to impose hefty tariffs its key trade partners. While the risk-off mood pushed the digital assets to multi-month lows, savvy investors saw an opportunity to ‘buy the dip’. Subsequently, the likes of Ripple and Bitcoin have recorded impressive rebounds The post Dogizen readies for open market as crypto majors rebound appeared first YGELD.