Polymarket Gains CFTC Approval for US Operations

Prediction market platform Polymarket has secured approval from the Commodity Futures Trading Commission (CFTC) to function as a regulated exchange in the United States. Operating under an Amended Order of Designation, the company can now offer direct market access supported by improved compliance and surveillance systems.

PEPE Shows Signs of Recovery with 6% Price Jump

The meme coin PEPE experienced a sudden price surge, climbing nearly 6% in the last 24 hours. This move follows a challenging month where the token’s value had declined by approximately 40%, pushing it toward the lower end of its recent trading range.

Kalshi Integrates NEAR Protocol for Prediction Markets

In another development for prediction markets, Kalshi has integrated the NEAR Protocol into its platform. This update allows users in the United States to deposit and withdraw NEAR tokens for trading, with the company also signaling plans for future global expansion.

KuCoin Secures Fiat Trading License in Australia

The cryptocurrency exchange KuCoin has successfully obtained a license to offer fiat trading services in Australia, enabling local users to transact with traditional currency. In a separate regulatory move, Japan has introduced new reserve requirements for domestic crypto exchanges to enhance financial stability.

Standard Chartered to Custody Assets for 21Shares

Financial giant Standard Chartered is set to become the new digital asset custodian for 21Shares, a provider of crypto Exchange-Traded Products (ETPs). Taking over from Zodia Custody, this partnership highlights a strategic shift by the $8 billion ETP firm toward leveraging established traditional finance infrastructure.