Archives for August 13, 2026

JPMorgan Chase stopped providing its banking services to the decentralized prediction market platform Polymarket late last year, according to the Financial Times. In October 2025 the bank told Polymarket it would have to secure a different banking partner amid regulatory worries. Polymarket has already moved to another lender, though that firm’s name remains undisclosed, the […]

The source also said SEC staff have become increasingly focused on the agency’s legal authority to issue such broad relief, including whether it has completed sufficient economic analysis and followed the procedural steps required to justify an exemption. Industry insiders have been instructed that this effort may need to wait for the outcome of the […]

The U.S. Securities and Exchange Commission was on the verge of revealing its first major rulemaking effort in the digital assets sphere, having been set to propose its “Regulation Crypto,” but the agency cancelled the Friday meeting in an end-of-day statement on Thursday. “Due to an unforeseen scheduling issue,” the SEC is moving the meeting […]

Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the Big Four, the group of accounting giants that also includes Deloitte, EY and PwC and audits many of the world’s largest companies. KPMG examined Tether’s transactions, systems, valuations, counterparties and ownership […]

The 30-year Treasury yield cleared 5% this year and is sitting at its highest level since 2007. That means every dollar sitting in bitcoin or any non-yielding asset is a dollar not earning that 5%. Several analysts have pointed to these elevated bond yields as a direct drag on bitcoin’s upside recently. The elevated cost […]

ShipMonk, Trezor’s fulfillment partner, suffered unauthorized access to its systems, affecting nearly 14,000 customers’ data, the cold storage crypto wallet firm reported Thursday. Trezor said the names, email addresses, phone numbers and shipping addresses of 11,742 customers had been compromised. It also said the names, cities and email addresses of another 1,947 customers were also […]

– Joyce Lai, founder, Real Mamas Community and New Territories LLC Ask an Expert Q. Why are more investors seeking professional management for digital assets instead of handling everything themselves? As digital assets mature, investors are increasingly distinguishing between speculation and wealth building. We’re seeing more products that offer tradable exposure to assets — from […]

The appointment comes as traditional wealth managers and family offices in Asia take a growing interest in digital assets. Boston Consulting Group estimates total assets under management in the region will reach $99 trillion by 2029, with Singapore and Hong Kong among its key financial centers. Globally, roughly one-third of family offices already have exposure […]

Kalshi, which raised $1 billion in May at a $22 billion valuation, is now the number one prediction market platform by revenue, followed by Polymarket, which was last reported to be seeking funding at $20 billion, following a $600 million investment from the Intercontinental Exchange, the owner of the New York Stock Exchange, at a […]

Swiss banking firm Swissquote Group (SQN) cut full-year revenue and profit forecasts after first-half net crypto income fell 66.2% to 14.6 million Swiss francs ($18 million). Crypto trading volume at the Gland, Switzerland-based fintech dropped 63.5% to 2.58 billion Swiss francs, according to its results presentation. The company cut its net revenue outlook for the […]