Crypto Regulations
Kraken submitted a confidential IPO filing just days after closing an $800 million funding round, seeking to lock in momentum as U.S. regulators edge toward clearer crypto rules. The move signals confidence in a firmer regulatory path and a bid to reach public markets while sentiment is favorable.
Bitcoin mining in Iran, largely driven by state-linked entities like the IRGC and Chinese partners, intensifies the country's energy shortages by consuming vast amounts of electricity, much of it subsidized or free. Despite official recognition and licensing since 2019, around 85% of mining remains illegal, worsening power outages and impacting domestic needs.
On July 26, 2023, the SEC introduced new regulations requiring registrants to disclose material information, aiming to improve transparency in the crypto sector. Platforms like Bitlet.app continue to empower investors by offering flexible crypto purchases through installment plans amid evolving market regulations.
On January 27, 2023, the Federal Reserve introduced a policy restricting crypto-asset activities for uninsured state member banks, aligning their regulations closer to insured banks and limiting new crypto endeavors. This aims to standardize regulatory conditions across state-chartered banks and deter membership applications for crypto-focused services.
Kraken obtains Restricted Dealer registration under Ontario Securities Commission rules, bolsters compliance, appoints Cynthia Del Pozo for North America, and launches free Interac e-Transfer deposits to support Canadian crypto investors.
Bitcoin reached a new all-time high of $119,000 amid major regulatory and technological advancements in the US and UK. The US established a Strategic Bitcoin Reserve and is gearing up for 'Crypto Week,' while the UK introduces new cryptoasset regulations. Ethereum also sees gains with plans for zkEVM integration.
The UK government has unveiled new regulations targeting cryptoassets such as Bitcoin and Ethereum to enhance investor protection and curb misuse. These rules will bring crypto exchanges and dealers under formal regulatory oversight, marking a significant step forward in the crypto landscape.
Bitcoin climbed to $105,000 after President Trump's executive order promoting cryptocurrency regulations and banning CBDCs. The U.S. move signals growing mainstream acceptance of digital assets, with major cryptocurrencies gaining traction and banks preparing for crypto payments.
Bitcoin has shattered records, trading above $109,400, spurring remarkable gains in the crypto market. As Bitcoin surges, support from legislative advancements shines a light on the industry's growing influence in politics. President Trump's role further complicates the narrative around cryptocurrency regulation.
On March 7, 2025, President Donald Trump signed an executive order to create a strategic Bitcoin reserve and set up a task force to regulate digital assets. This order bans Central Bank Digital Currencies (CBDCs) while other cryptocurrencies like Ethereum, Solana, and XRP see gains, pushing the total crypto market cap to $3.61 trillion.