Kraken is looking beyond cryptocurrency trading as the exchange explores expanding its banking operations in Europe and forming partnerships with asset managers, according to co-CEO Arjun Sethi. The plans reflect Kraken’s broader strategy of evolving from a crypto exchange into a more comprehensive financial services company. Sethi has previously outlined ambitions to build financial infrastructure…
Paying college tuition in the United States just got another digital option, as PayPal and Venmo are now available for tuition and fee payments at participating universities. The new payment option allows students and their families to pay directly through their school’s existing online payment portal, rather than having to arrange a separate payment process….
President Donald Trump has said the U.S. Commodity Futures Trading Commission (CFTC) is working on a pathway to bring Hyperliquid, a major blockchain-based derivatives trading platform, into the United States. Speaking at a White House meeting with cryptocurrency and technology executives, Trump said CFTC Chairman Michael Selig was working to bring Hyperliquid into the country…
HSBC and Standard Chartered have completed the first live cross-border transaction using tokenized deposits on Swift’s new blockchain-based ledger, marking a major step in the modernization of global payments. The transaction demonstrates that digital deposits issued by different regulated banks can interact through a shared blockchain-based infrastructure while remaining connected to the existing banking system….
TikTok is exploring a new feature that could allow users to send money directly to one another through private messages, as the social media giant looks to expand further into financial services. The potential peer-to-peer payment feature was discovered in hidden code within TikTok’s US iPhone app, according to a Bloomberg report. If launched, the…
China’s popular video-sharing platform Bilibili has officially expanded its international reach, launching a new global version of its app for Android users. The platform announced that its international app is now available globally, with an iOS version expected to follow soon. Bilibili says the international version will feature more localized content and a simpler sign-up…
Binance founder Changpeng Zhao (CZ) has weighed in on President Donald Trump’s push to bring Hyperliquid into the United States, arguing that any regulatory framework created for the platform should ultimately apply across the wider crypto industry. “Policy cannot be applied to only one company/project. What’s good for one is good for the rest of…
Cryptocurrency exchange OKX has restricted employees in Hong Kong from using Anthropic’s Claude AI, after the company’s corporate account was briefly suspended earlier this month. The restriction also applies to OKX employees travelling through mainland China, according to reports. The company’s enterprise account has since been restored, but OKX has decided to limit Claude access…
