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JPMorgan’s Bitcoin Pivot Marks a Turning Point for Institutional Crypto Integration

The increasing growth of crypto can’t be overlooked even by the banking giants.

JPMorgan Chase’s quiet greenlight for clients to purchase Bitcoin, despite CEO Jamie Dimon’s well-documented skepticism, is a shift in business philosophy made to meet clients’ demand and competitive pressure.

As the largest bank in the U.S., its decision adds a new layer of legitimacy to Bitcoin, potentially nudging other traditional financial institutions toward similar offerings to avoid falling behind.

Still, the move is cautious. JPMorgan isn’t offering custody services. Dimon hasn’t softened his public stance, framing this as a client-driven necessity rather than a strategic endorsement.

That tension shows how traditional finance is navigating crypto’s rise, balancing regulatory risk with growing market appetite.

In the broader context of the U.S.’s regulatory stance around crypto and rising institutional flows, JPMorgan’s move could accelerate mainstream adoption.

However, the depth of this shift will depend on whether policy frameworks evolve fast enough to meet both innovation and compliance expectations.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Eric Adams Unveils NYC Crypto Council to Shape Blockchain Policy

Eric Adams confirmed the launch of an NYC crypto council on May 20, 2025, during the New York City Crypto Summit.

Kraken Secures EU License, Launches Regulated Crypto Derivatives in Europe

On May 20, 2025, Kraken introduced regulated crypto derivatives trading for retail and institutional clients across the European Economic Area (EEA).

The new service includes perpetual and fixed maturity futures contracts. These offerings operate under the European Union’s Markets in Financial Instruments Directive (MiFID II).

Kraken received approval to offer these services after acquiring a Cyprus-based investment firm in February.

The company now operates under the name Payward Europe Digital Solutions, licensed by the Cyprus Securities and Exchange Commission.

Kraken Europe Futures Launch. Source: Kraken Pro
Kraken Europe Futures Launch. Source: Kraken Pro on X

This license enables Kraken to offer crypto derivatives in compliance with European financial regulations.

Payward Europe Digital Solutions Manages EU Trading Operations

Kraken crypto derivatives are provided through Payward Europe Digital Solutions, its MiFID II-regulated entity. This structure ensures legal clarity for clients trading in the EU and EEA.

Shannon Kurtas, Kraken’s head of exchange, said the region hosts “some of the most sophisticated and demanding clients and institutions.” He stated that customers seek services within a regulated structure.

He also noted that with this setup, users can access futures directly through Kraken, allowing for better liquidity and structured trading strategies.

Kraken Acquires NinjaTrader Amid 19% Revenue Growth

Kraken recently completed the acquisition of NinjaTrader, a futures trading platform.

The company reported $471.7 million in revenue for Q1 2025, showing a 19% increase compared to the previous year.

This acquisition supports Kraken’s efforts to broaden its product range, including spot trading and newly launched MiFID II-regulated derivatives.

Other Crypto Exchanges Expand Under MiFID II Rules

Gemini and Coinbase are also expanding their derivatives businesses in Europe.

Gemini received MiFID II approval on May 9. Mark Jennings, head of Gemini Europe, confirmed that the company plans to offer regulated derivatives across the EU and EEA.

Coinbase announced its plan to acquire Deribit, a major crypto derivatives platform. CEO Brian Armstrong said the move aligns with Coinbase’s ongoing expansion.

Synthetix has also proposed reacquiring the crypto options platform Derive, pending approval from both communities involved.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Six lawsuits against Coinbase after the data breach

Coinbase got hit with a tidal wave of lawsuits. Six separate suits, all in the span of two days, May 15 and 16.3 Why? Because they dropped the ball big time on protecting their users’ data.

This is the one thing that we need for an epic altseason

Arthur Hayes, the co-founder of BitMEX said there is one big requirement for the coming altseason.

New twist in the Tornado Cash case, because it looks like prosecutors did hide the truth?

The Tornado Cash legal drama just took a sharp left turn, and it’s got all the makings of a courtroom thriller.

GENIUS Act Gains Ground: U.S. Moves Closer to Stablecoin Regulation, But Offshore Gaps Remain

The Senate’s advancement of the GENIUS Act with a 66–32 cloture vote signals meaningful momentum toward establishing a federal regulatory framework for stablecoins.

The bill outlines clear licensing standards, reserve mandates, and consumer protections—components that could significantly boost market confidence and provide long-awaited clarity for issuers and investors alike.

It also positions the U.S. to lead in digital asset regulation at a time when global competition is intensifying.

That said, gaps remain. The bill doesn’t fully address offshore stablecoin issuers like Tether, which continue to play an outsized role in global liquidity.

For U.S.-based issuers, compliance will now come with steeper costs, likely accelerating consolidation across the market and favoring well-resourced players who can meet the new thresholds.

While this brings added trust and stability to regulated offerings, the bill’s final form and how it’s enforced will ultimately determine how transformative it is for the industry.

Vugar Usi Zade, COO at Bitget


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

US Senate Moves GENIUS Stablecoin Bill Forward With 66–32 Vote Amid Trump Crypto Concerns

The US Senate vote passed 66–32 on May 19, advancing the GENIUS Act, a new stablecoin bill focused on creating rules for the stablecoin market.

JPMorgan CEO Jamie Dimon Says Clients Can Soon Buy Bitcoin, But Bank Will Not Hold It

JPMorgan CEO Jamie Dimon said on May 19 that the bank will allow clients to buy Bitcoin. However, JPMorgan will not offer Bitcoin custody services.

Brazil wants to ban stablecoin self-custody?

Brazil’s Central Bank wanna ban stablecoin self-custody. They’re cooking up a plan that’s got the crypto world raising some serious eyebrows.