CryptoCryptocurrency

Kraken has paused plans for a multibillion-dollar initial public offering after filing confidentially with the US Securities and Exchange Commission, citing challenging market conditions.

Changpeng Zhao has dismissed accusations that Binance facilitated Iran-linked or terrorism-related transactions, arguing the claims lack logic and offer no business incentive for the exchange.

The Iran war is raising the risk of a permanent inflation floor, potentially ending the era of cheap money and reshaping returns across global financial markets.

The Bank of Korea has launched phase two of its digital won pilot, expanding to nine commercial banks to test deposit tokens for nationwide payments and government subsidies.

Fairshake, the crypto industry’s leading political action committee, suffered its largest campaign setback after spending more than $10 million opposing Illinois Lieutenant Governor Juliana Stratton, who won her Democratic Senate primary.

The UAE’s cryptocurrency sector has remained operational and stable despite its proximity to the ongoing conflict in Iran, with industry participants reporting no disruption to core activities.

Whale wallets holding more than one million TRUMP tokens have climbed to 83, the highest level since October, following the announcement of a Mar-a-Lago gala for top holders.

Bitcoin inflows to centralised exchanges surged to 6,100 BTC on March 16, the highest since February, as the asset approached resistance near $75,000.

Coin Center has urged the US Securities and Exchange Commission to prioritise formal rulemaking over issuing no-action letters, warning the current approach creates inconsistency across the crypto sector.

Spexi Geospatial said on March 17 it will pay drone pilots on its LayerDrone network in USD Coin on the Base blockchain, signalling a new economic model for capturing high-resolution Earth imagery.

Pi Network’s token (PI) has dropped more than 40% following its listing on Kraken, surprising investors who expected a rally driven by increased liquidity and market access.

Strategy, formerly MicroStrategy, is closing in on BlackRock’s Bitcoin holdings and could overtake the asset manager within a week based on its current buying pace.