Kraken Boss slams UK crypto rules for crippling user experience

Arjun Sethi has compared the FCA’s crypto warnings to cigarette labels, calling them disheartening and counterproductive. Kraken Co-CEO Arjun Sethi has criticized the UK Financial Conduct Authority’s (FCA) crypto promotion rules, warning that the strict regulatory framework is slowing down transactions and limiting access to services for users. In recent months, UK financial watchdogs have […]

Coinbase maintains lead in the US crypto race even as rivals’ public listings reshape the landscape

Coinbase’s first-mover advantage as the only publicly traded crypto exchange has helped boost earnings expectations again, but competition from clearer rules and newly listed companies looms, Wall Street analysts said Friday. The global crypto market has grown to $3.7 trillion as institutional and retail investors pour money into digital assets. President Donald Trump eased regulatory […]

Prime Broker FalconX Acquires 21 Stocks to Expand into Crypto ETFs

The cryptocurrency industry continues to attract US institutions, as evidenced by the latest major acquisition news. US-based institutional prime broker FalconX has agreed to acquire 21Shares, a leading Swiss crypto asset manager known for its extensive range of exchange-traded products (ETPs). Terms of the deal were not disclosed. 21Stock purchase The acquisition positions FalconX expand […]