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Kraken parent Payward to buy Reap in $600M stablecoin payments push

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Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.

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Kalshi says CFTC hasn’t contacted it over ‘unusual’ $5B trading activity

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Kalshi said nearly $5 billion in similarly sized Ether perpetual trades reflected its liquidity incentive programs and rejected allegations that the activity was wash trading.

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Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility

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SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court.

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US lawmakers from gaming states urge SCOTUS to take up Kalshi case

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The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets.

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