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Kraken Reverses Monero Controls After Customer Backlash
Kraken has apologized and reversed its stricter Monero withdrawal controls after admitting it requested unjustified personal information from some customers. The exchange confirmed that XMR will remain listed.
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Ripple Study: Banks Could Gain $100M From Crypto Custody
Ripple-commissioned research estimates that a regional bank could gain up to $100 million by expanding crypto custody into payments, lending, and tokenized assets. The opportunity depends on regulatory compliance, customer demand, and strong security controls.
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China’s National Blockchain Network Set for 2030
China aims to complete a national blockchain network by 2030 as part of its push to become a leading digital power. The initiative could transform public services, finance and cross-border trade.
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IRS Crypto Tax Disclosure Penalties Could Be Lowered
The IRS reportedly plans to lower penalties and expand payment options for taxpayers voluntarily disclosing past crypto tax violations. The proposal could make compliance more affordable, although official details remain pending.
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Brazil’s Mandatory Tokenization Plan for Market Oversight
Brazil’s CVM says mandatory tokenization and AI-based monitoring could modernize oversight of a $2.32 trillion fund market. The proposal promises more transparent records, but also raises questions about data accuracy, privacy, and implementation.
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SEC Approves 3x Bitcoin and Ether ETFs: What It Means
The SEC has cleared the listing of Volatility Shares’ 3x Bitcoin and Ether ETFs, expanding access to leveraged crypto exposure. While these products can amplify short-term gains, daily resets and volatility decay create substantial risks for investors.
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Strategy and Strive: Balancing Bitcoin and Dividends
Strategy and Strive are navigating a difficult balance: using corporate capital to accumulate bitcoin while meeting the income expectations of preferred shareholders. Their approaches reveal how institutional bitcoin adoption is becoming more disciplined.
