OpenPayd Plans $1.145B Nasdaq Listing via SPAC Merger
OpenPayd plans to go public on Nasdaq through a $1.145 billion merger with Titan Acquisition Corp. The company aims to expand its stablecoin and fiat payment infrastructure.
EU Crypto Tax Plan Targets $23 Billion as Circle Questions Assumptions
The European Commission has outlined crypto tax options that could raise up to $23 billion by 2034. Circle’s EU policy lead warns that user behavior and data gaps may affect projections.
JPMorgan CEO Opposes CLARITY Act Over Stablecoin Rules
JPMorgan CEO Jamie Dimon said US banks will not accept the current CLARITY Act draft. He criticized provisions allowing stablecoin rewards without bank-level regulation.
US Seizes $1 Billion in Iranian Crypto Assets Under Sanctions
US authorities have seized a cumulative $1 billion in Iranian cryptocurrency under Operation Economic Fury. The campaign focuses on stablecoin based sanctions evasion networks.
Coinbase Gains CFTC Clearance for Global Crypto Derivatives
Coinbase Financial Markets is cleared by the CFTC to connect US clients to global crypto perpetual and options markets. The move creates a regulated pathway to instruments that account for most global crypto trading volume.
Polymarket Tightens VPN Controls and Expands KYC Requests
Polymarket is encouraging identity verification and blocking VPN access in restricted jurisdictions. High value trading activity can trigger KYC checks under internal thresholds.
Bybit Warns on HTX Transfers After UK Sanctions Move
Bybit has warned that HTX-linked transfers may face additional compliance checks following UK sanctions on Huobi Global S.A. Experts point to potential USDT freeze risks.
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Bitget Launches Reality for Tokenized US Stocks and ETFs
Bitget has introduced Reality, a licensed platform issuing 1:1 backed rTokens for selected US stocks and ETFs. The assets are integrated into its trading, margin, staking, and lending systems.
Binance Re-Entry in Philippines Through SEC Sandbox Framework
Binance is re-entering the Philippine market through a partnership with BlockShoals under the SEC’s StratBox sandbox. The move follows its 2024 ban over unregistered operations.
Echo Protocol Incident Results in $816,000 Loss After Admin Key Compromise
Echo Protocol confirmed a compromised admin key allowed minting of 1,000 fake eBTC on Monad. About $816,000 in real value was ultimately extracted.