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Kraken Becomes Official Crypto Partner of Spain’s Iconic Football Club Atlético de Madrid

Cryptocurrency exchange Kraken announced its partnership with Atlético de Madrid, one of Spain’s most iconic football clubs, on Wednesday. Starting with the 2024 season, Kraken will be the Official Crypto…

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Crypto Support Surges Among GOP Voters, Poll Finds

A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as…

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Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors

Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and…

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Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer…

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Los Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029

The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing…

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Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move

The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir…

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Fed Chair Powell Reaffirms Stance on Custody Assets Amid SEC Crypto Rule Controversy

On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121.…

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Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity

Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations…

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Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation

Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor…

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