Exchanges
Latest news, analysis, and updates on Exchanges from A47 News.
6 stories in Crypto · Updated live
Polymarket and Kalshi Expand into Crypto with Perpetual Futures Launch
Polymarket and Kalshi are both launching perpetual futures products as they pivot towards the cryptocurrency market. This shift is driven by the need to adapt to changing trading strategies and capture market share in the growing crypto space. The long-term implication could reshape the prediction market landscape, particularly as Polymarket faces challenges with product delays and declining trading volumes.
Bybit invests $8 million in Malaysian crypto platform Hata
Bybit has led an $8 million funding round for Hata, a dual-licensed crypto platform in Malaysia. This investment is occurring as Malaysia actively develops its digital asset regulations and tokenization initiatives. The long-term implication is that this funding could catalyze further developments in Malaysia's digital asset market, attracting more investments and innovations in the future.
Coinbase launches crypto-backed lending service for UK users
Coinbase has introduced a new lending service allowing UK users to borrow up to $5 million in USDC against Bitcoin and Ethereum. This launch is driven by strong demand for crypto lending services, following the success of similar offerings in the US. The long-term implication is an anticipated increase in competition among exchanges and financial service providers in the cryptocurrency lending space.
Kraken Files 56 Million Crypto Tax Forms Advocating for Regulatory Reform
Kraken has filed 56 million tax forms for 2025, highlighting the excessive reporting burden on cryptocurrency transactions. The immediate push for a de minimis exemption comes as one-third of these forms report transactions below $1, prompting Kraken to seek relief from Congress. If successful, this could lead to significant changes in U.S. tax regulations for cryptocurrency, easing compliance for users and potentially influencing broader legislative reforms.
Latest Stories
Polymarket and Kalshi Expand into Crypto with Perpetual Futures Launch
Polymarket and Kalshi are both launching perpetual futures products as they pivot towards the cryptocurrency market. This shift is driven by the need to adapt to changing trading strategies and capture market share in the growing crypto space. The long-term implication could reshape the prediction market landscape, particularly as Polymarket faces challenges with product delays and declining trading volumes.
Kraken Files 56 Million Crypto Tax Forms Advocating for Regulatory Reform
Kraken has filed 56 million tax forms for 2025, highlighting the excessive reporting burden on cryptocurrency transactions. The immediate push for a de minimis exemption comes as one-third of these forms report transactions below $1, prompting Kraken to seek relief from Congress. If successful, this could lead to significant changes in U.S. tax regulations for cryptocurrency, easing compliance for users and potentially influencing broader legislative reforms.
Bybit invests $8 million in Malaysian crypto platform Hata
Bybit has led an $8 million funding round for Hata, a dual-licensed crypto platform in Malaysia. This investment is occurring as Malaysia actively develops its digital asset regulations and tokenization initiatives. The long-term implication is that this funding could catalyze further developments in Malaysia's digital asset market, attracting more investments and innovations in the future.
Nium partners with Coinbase to enable USDC payments for global businesses
Nium has launched a partnership with Coinbase to integrate USDC into its global payments network, allowing businesses to conduct cross-border transactions in both fiat and stablecoins. This move is driven by the growing demand for cryptocurrency solutions in payments, enabling instant payouts and card spending tools across more than 190 countries. In the long term, this integration could set a precedent for future fintech innovations and partnerships in the cryptocurrency payment landscape.