Reading Time: < 1 minuteCryptocurrency exchange Crypto.com is establishing an internal market-making team as it expands into prediction markets.

Reading Time: < 1 minuteCoinbase has initiated lawsuits against three US states, challenging their authority to regulate prediction markets.

Reading Time: < 1 minuteIndia’s competition regulator has granted approval for Coinbase’s proposed acquisition of a minority stake in the domestic cryptocurrency exchange CoinDCX.

Reading Time: < 1 minuteCrypto exchange OKX has launched spot margin trading for its European users, a feature permitting up to 10x leverage on trades involving assets like Bitcoin and Ethereum.

Reading Time: < 1 minuteThe South Korean entrepreneur pleaded guilty to fraud and conspiracy charges related to the $40 billion wipeout of his digital assets in 2022.

Reading Time: < 1 minuteBinance has appointed its co-founder, Yi He, to the position of co-chief executive officer, placing one of the exchange’s original architects into a formal top leadership role beside CEO Richard Teng.

Reading Time: < 1 minuteCryptocurrency exchange Kraken has entered into an agreement to purchase Backed Finance, the tokenized asset issuer that powers its xStocks offering.

Reading Time: < 1 minuteCoinbase fielded 12,716 government information requests in a year, a record 19% annual rise. For the first time, most requests (53%) came from outside the US, led by France’s 111% spike.

Reading Time: < 1 minuteThe operator of Hong Kong’s largest licensed cryptocurrency exchange, HashKey Holdings Limited, has passed its listing committee hearing at the Hong Kong Stock Exchange (HKEX).

Reading Time: < 1 minuteCrypto exchange spot volume plummeted to $1.59 trillion in November, a 26.7% drop from October and the weakest month since June.

Reading Time: < 1 minuteCoinbase is moving decisively into the burgeoning prediction market arena through a strategic partnership with regulated platform Kalshi.