Kraken's $600M Reap Acquisition Signals Aggressive Asian Stablecoin Push
Kraken's parent company acquired Asian stablecoin firm Reap for $600 million, marking the exchange's largest acquisition as it expands into cross-border payments.…
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
Kraken's parent company acquired Asian stablecoin firm Reap for $600 million, marking the exchange's largest acquisition as it expands into cross-border payments.…
Ondo Finance completes world's first near-instantaneous cross-border redemption of tokenized U.S. Treasuries in partnership with major financial institutions.…
BNY partners with Finstreet and ADI Foundation to launch institutional Bitcoin and Ethereum custody services for UAE investors from Abu Dhabi Global Market.…
Payward's $600 million deal for Hong Kong payments firm Reap Technologies positions Kraken for stablecoin dominance across Asia.…
Kraken's parent company finalizes a $600 million deal to acquire Reap Technologies, marking a significant expansion into Asian markets and B2B stablecoin services.…
The Biden administration accelerates crypto regulatory timeline with July 4 passage target for the Clarity Act, as Senate Banking Committee prepares May markup.…
South Korean officials defend their planned 22% virtual asset tax set for 2027, rejecting industry calls to postpone the controversial levy.…
Digital assets firm Bullish acquires transfer agent Equiniti for $4.2 billion, advancing tokenization strategy in traditional capital markets.…
Solana Foundation partners with Google Cloud to launch Pay.sh, a stablecoin payment gateway covering 50+ APIs for AI agents, marking significant enterprise adoption milestone.…
UK government convenes emergency summit with Monzo, Revolut, and Starling CEOs to address cooling investment climate and prevent capital flight to US markets.…
South Korean exchange Bithumb partners with SSI Digital to compete for Vietnam's limited crypto exchange licenses as regulatory pressure mounts domestically.…
A newly discovered Bitcoin Core validation bug could have enabled miners to remotely crash and execute operations on other users' full nodes, highlighting critical security vulnerabilities in Bitcoin's infrastructure.…