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The top Democrat on the House committee questions Kraken’s Federal Reserve account

U.S. Rep. Maxine Waters, the ranking Democrat on the House Financial Services Committee, is questioning the limited “master account” obtained by crypto exchange Kraken from the Federal Reserve Bank of Kansas City, which she said raises potential consumer protection issues and questions about the approval process. Waters, who is likely to return to chair the […]

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Stragegy’s (MSTR) STRC shares return to face value faster than historical average to enable more BTC purchases

Stretch ( STRC ), the perpetual preferred stock issued by Strategy ( MSTR ), the world’s largest corporate owner of bitcoin, regained its par value of $100 during Thursday’s trading session, giving the company room to raise funds to add to its stockpile of the largest cryptocurrency. The recovery took nine trading days after the

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Trump extends the strike break in Iran and trims the price drop

Bitcoin BTC$68,959.92 pared earlier losses Thursday afternoon after U.S. President Donald Trump said he would extend a pause in strikes against Iran’s energy infrastructure. In a Truth Social post, Trump said the pause will now be 10 days, citing ongoing diplomatic negotiations. “At the request of the Iranian government … I am pausing the period

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OKX says it won’t go public until it can deliver returns to investors

OKX doesn’t plan to rush into public markets in the US, even as the crypto exchange pushes deeper into global expansion and tokenized finance. “We will go public when we are confident we can return shareholder value,” Haider Rafique, the firm’s general manager and chief marketing officer, said during a conversation at the Digital Asset

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Brazil passes law turning seized crypto into war chest for public safety

Brazilian President Luiz Inácio Lula da Silva signed into law a sweeping set of reforms aimed at cracking down on organized crime, and cryptocurrencies are at the center of the strategy. Under Law No. 15,358, passed on March 25, crypto-assets confiscated from criminal organizations can be entered into Brazil’s public security system. This includes funding

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The NYSE wants to bring blockchain to Wall Street without breaking the current system

The New York Stock Exchange (NYSE) is focused on integrating blockchain technology into existing market infrastructure rather than replacing it, according to Chief Product Officer Jon Herrick. The exchange “strives for interoperability” and “builds on top of what exists” as it explores how tokenized assets can work within current systems, Herrick said. This approach reflects

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BTC falls below $69,000 as oil rises on fading Middle East peace hopes

Bitcoin BTC$68,931.41 fell below $69,000 on Thursday as a broader pullback in risk assets gathered pace as early optimism around Iran-US peace and eased tensions in the Middle East faded. The largest crypto lost more than 3% from its overnight high above $71,000, while major altcoins ether (ETH), XRP (XRP), Solana’s SOL (SOL) and Cardano’s

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Wall Street wants the technology, but not the transparency. DRW’s Don Wilson says open ledgers are a dealbreaker for banks

Wall Street firms may embrace blockchain technology, just not in its current form. The open, distributed ledger visible to all participants is at odds with the way traditional finance works, said Don Wilson, founder and CEO of DRW, a TradFi trading firm that has been active in crypto for over a decade. “There’s no world

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Bitcoin (BTC) Holds Ground as Precious Metals Slide on ETF Outflows and Liquidity Strains, JPMorgan Says

Bitcoin BTC$68,953.10 has proven more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan. “The deterioration of liquidity conditions in gold has seen its market breadthfall below bitcoin at the moment,” analysts led by Nikolaos Panigirtzoglou wrote in

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