On June 1, 2026, three separate crypto exchanges launched US stock trading products for non-US users on the same day. Binance announced access to more than 7,000 stocks and ETFs commission-free, funded via USDC, USDT, or BNB, through a partnership…
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Coinbase Is Back in India: Direct INR Deposits via IMPS Launch Today After a Four-Year Fight to Get Here
Coinbase launched direct INR deposits and withdrawals in India on June 1, 2026, using IMPS, the Immediate Payment Service that powers real-time bank transfers across the country. Indian users can now move rupees from their bank accounts directly into Coinbase…
Coinbase CEO supports the latest version of the CLARITY Act
Coinbase CEO Brian Armstrong is once again backing the Digital Asset Market Clarity Act, signaling renewed support for a bill that could reshape the U.S. regulatory landscape for cryptocurrencies and digital asset markets. After withdrawing Coinbase’s endorsement in January over concerns…
Kraken Becomes First Crypto Bank to Receive Federal Reserve Master Account
3 Key Takeaways Bank of America CEO Brian Moynihan warned that $6 trillion in bank deposits, roughly 30-35% of all U.S. commercial bank deposits, could migrate to stablecoins if Congress allows interest-bearing stablecoin products The banking industry’s fear is simple…
South korea crypto exchange stake cap could be 20% soon?
South korea crypto exchange stake cap plans are taking shape after South Korea’s government and ruling party reportedly agreed on a proposal to limit major shareholder ownership in domestic crypto exchanges to 20%, while allowing narrow exemptions for certain new operators. The…
Tether freezing 4.2 billion in USDT amid illicit activity
Tether, the El Salvador-based stablecoin issuer, has reported freezing around $4.2 billion worth of its tokens over links to illicit activity, reflecting growing pressure on the crypto sector from global law enforcement. The company, which runs the world’s largest dollar-pegged…
Is Kraken bringing perpetuals to tokenized U.S. stocks now?
Kraken is rolling out a new set of derivatives products that it describes as the first regulated perpetual futures tied to tokenized stocks. Aimed at eligible traders outside the U.S., the launch extends crypto-style perpetual contracts to digital representations of major…
OKX gains Malta license to expand EU stablecoin services
Cryptocurrency exchange okx has secured a payment institution (PI) license in Malta, positioning the platform to operate under upcoming European Union rules that begin applying in March. The new authorization enables the exchange to continue offering stablecoin-based payment services throughout the EU…
Coinbase Q4 revenue down 22%, posts $667M net deficit.
Coinbase reported weaker fourth-quarter results as last year’s retreat in Bitcoin from record levels weighed on trading activity and investment values. The San Francisco-based crypto exchange released figures showing lower revenue, a sharp swing to loss, and continued sensitivity to broader market…
Bithumb To Fund $9 Million Loss and 10% User Compensation?
South Korean cryptocurrency exchange bithumb is under scrutiny after a major payout mistake during a promotional event led to tens of billions of Korean won being sent in Bitcoin instead of small cash rewards. The company has pledged to absorb $9…