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Kraken has announced plans to launch its first perpetual futures product regulated by the U.S. Commodity Futures Trading Commission (CFTC) in the U.S. market within the next 30 days.Eligible U.S. clients will be able to trade perpetual futures on digital assets including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX through Kraken Pro. Kraken stated that it will gradually expand contract types and product features in the future, as well as provide more collateral options.It is reported that the perpetual futures on Kraken Pro are provided by NinjaTrader Clearing, LLC (operating as Kraken Derivatives US), which is a CFTC-registered Futures Commission Merchant. The related spot margined and perpetual futures products will be available on the Bitnomial Exchange, a CFTC-regulated exchange that was recently acquired by Payward, Kraken's parent company.
Odaily报道 The Digital Chamber, a crypto industry group, has responded to Senator Elizabeth Warren’s questions regarding recent approvals of OCC national trust charters, stating that her claim of crypto companies receiving "improper approvals" is unfounded.Earlier, Warren sent a letter to the Office of the Comptroller of the Currency (OCC), arguing that recent approvals granted to digital asset companies such as Ripple, Circle, Paxos, Fidelity, BitGo, and Coinbase may violate the National Bank Act and fail to adhere to the same regulatory standards applied to traditional banks.The Digital Chamber stated that the OCC has the authority to grant national trust charters to qualified institutions, and that such arrangements do not equate to relaxed oversight. Representing over 250 crypto-related entities, the organization believes these charters help integrate digital asset services into a clearer federal regulatory framework.
According to Decrypt, the Digital Chamber sent a letter to Jonathan Gould, Comptroller of the Currency at the U.S. Office of the Comptroller of the Currency (OCC), on May 26, urging him to uphold the OCC’s decision to grant national trust bank charters to cryptocurrency firms including Coinbase, Ripple, and Circle. Earlier, Senator Elizabeth Warren had accused the approval of these charters of violating the National Bank Act and posing a threat to the safety of the U.S. banking system. In response, the Digital Chamber argued that Congress has effectively authorized the OCC to extend bank charters to stablecoin-related activities through the GENIUS Act, and that the approved companies do not accept FDIC-insured deposits—meaning their operations do not constitute traditional banking activities.
the latest weekly report from CoinShares shows digital asset investment products recorded net outflows of $1.47 billion last week, marking the second consecutive week of negative growth and the third-largest single-week outflow of 2026. Cumulative outflows over the two weeks have reached $2.54 billion.By asset, Bitcoin saw outflows of $1.315 billion, the largest single-week outflow of 2026, compressing its year-to-date net inflows from $3.9 billion to $2.6 billion. Ethereum recorded outflows of $223 million, roughly flat compared to the previous week. Some altcoins still saw minor inflows, with XRP attracting $31.8 million, Near $9 million, and Solana $7.7 million.By region, the United States dominated the outflow landscape with $1.425 billion in single-week outflows. Switzerland, Canada, and Hong Kong recorded outflows of $16.2 million, $12.5 million, and $12.2 million respectively, indicating that risk aversion sentiment, which was localized last week, has now spread to most regions globally. CoinShares notes that these outflows are closely linked to heightened geopolitical risks related to Iran. Despite the ongoing legislative progress of the CLARITY Act, market risk aversion continues to deepen.
: Bitcoin financial services company Swan Bitcoin (along with its operating entity Electric Solidus Inc. named as defendants) is facing a lawsuit filed in the U.S. Bankruptcy Court for the District of Delaware, with claims approaching $1 billion.The lawsuit was filed by PCT Litigation Trust, aiming to recover crypto assets related to the 2023 collapse of Prime Trust. The plaintiff accuses Swan of using "material non-public information" to transfer funds out of Prime Trust before its failure, thereby avoiding significant losses.According to the court filing, Swan had transferred assets including approximately 11,992 Bitcoin (currently valued at around $917 million) out of Prime Trust before it filed for bankruptcy, along with roughly $22.4 million in fiat currency, $5 million in stablecoins, and 91,444 XRP tokens.The plaintiff also alleges that Swan had ties to a senior executive at Prime Trust, who also served as an external consultant for Swan. This individual is suspected of providing Swan with information prior to regulatory meetings, thereby helping the company withdraw its assets early.Swan Bitcoin responded, stating that the relevant assets belong to client trust property and should not be used for bankruptcy liquidation, expressing confidence that the court will ultimately support its position. (Decrypt)
According to Russian financial media RBK, the Moscow Exchange is in discussions with multiple brokers regarding cryptocurrency trading solutions. It is currently testing a 7×24全天候 trading model and digital asset deposit/withdrawal functionality, and plans to launch dedicated cryptocurrency accounts. However, due to constraints imposed by the clearing system’s operating hours, round-the-clock trading is unlikely to be implemented in the short term. Meanwhile, Russia’s “Digital Currency and Digital Rights Bill” has passed its first reading. The bill stipulates that Russian citizens may only purchase cryptocurrencies through licensed intermediaries, and that listed cryptocurrencies must meet stringent criteria—including an average market capitalization exceeding 5 trillion rubles over the past two years, an average daily trading volume exceeding 1 trillion rubles, and a trading history of at least five years. In practice, only major cryptocurrencies such as Bitcoin, Ethereum, and Solana meet these requirements.
CME Group announced plans to launch Nasdaq CME Crypto Index futures on June 8, 2026, subject to regulatory review. This will be its first market-cap-weighted futures contract, offered in both micro and standard sizes, and cash-settled. Final settlement will be based on the Nasdaq CME Crypto Settlement Price Index, which measures the performance of the largest and most actively traded cryptocurrencies by market capitalization—currently including BTC, ETH, SOL, XRP, ADA, LINK, and XLM.
CME Group announced plans to launch Nasdaq CME Cryptocurrency Index Futures on June 8, pending regulatory review. The Nasdaq CME Cryptocurrency Index Futures will be the company’s first market-capitalization-weighted futures contract and will be available in both micro and standard contract sizes. These contracts will provide market participants with a capital-efficient way to gain exposure to the top-ranked cryptocurrencies by market capitalization through a single financially settled futures contract. At expiration, the Nasdaq CME Cryptocurrency Index Futures will settle against the Nasdaq CME Cryptocurrency Settlement Price Index, which measures the performance of the most actively traded and liquid cryptocurrencies. As of May 14, the index includes Bitcoin, Ethereum, SOL, XRP, ADA, LINK, and Lumens (XLM).
C1 Fund, a closed-end fund listed on the New York Stock Exchange, has released its Q4 and full-year financial reports for 2025. Its digital asset private investment strategy continues to expand, with portfolio optimization and liquidity events advancing simultaneously.As of the end of 2025, CFND's digital asset infrastructure investment portfolio includes industry-leading companies such as Alchemy, Blockchain.com, Chainalysis, Consensys, Figment, Kraken, and Ripple, covering core sectors including blockchain development, compliance analytics, trading platforms, and cross-border payments. In 2025, the fund made new investments exceeding $10.47 million in projects like BitGo, Fireblocks, and Polymarket (Blockratize Inc.), and completed additional allocations to holdings such as Ripple, further strengthening its deployment depth in the digital asset infrastructure space. (Businesswire)
Payward (Kraken's parent company) has applied to the OCC for a national trust company charter, planning to establish Payward National Trust Company (PNTC).The entity will offer regulated, bank-grade digital asset custody and trust services to both institutional and individual clients.Previously, Coinbase and Ripple have received conditional approval for similar charters, indicating that crypto institutions are accelerating their alignment with compliant financial systems.
Odaily Odaily News: At the Consensus Miami 2026 conference, executives from MoonPay, Ripple, and Paxos stated that regulatory clarity is driving accelerated institutional adoption of stablecoins. However, infrastructure, privacy protection, and real-world use cases remain the core challenges facing the industry.Richard Harrison, Vice President of Banking and Payment Partnerships at MoonPay, noted that the GENIUS Act provides a "license" for enterprises to enter the stablecoin space, making it easier for traditional financial institutions to participate in the stablecoin market. He pointed out that stablecoins can significantly improve the efficiency of cross-border payments, but their share in global remittances remains low, predicting it could rise to approximately 10% in the next five years.Jack McDonald, Senior Vice President of Stablecoins at Ripple, stated that institutional clients are more focused on regulatory compliance, custody security, and trusted counterparties, rather than simply the market capitalization of stablecoins. He mentioned that Ripple places greater emphasis on the practical utility of stablecoins in scenarios such as payments, enterprise cash flow management, and capital market collateral.Brent Perrault, Senior Software Engineer at Paxos, pointed out that on-chain privacy issues have not yet been effectively addressed, as public blockchains can expose transaction amounts and fund flows. He believes that the key to future competition among stablecoins will be trust, distribution capabilities, and user incentive mechanisms.Harrison also compared stablecoins to electric vehicles, stating that "the product itself is already viable, but true mass adoption still depends on supporting infrastructure." This includes real-world consumer use cases such as paying rent or buying coffee with stablecoins. (CoinDesk)
Ripple CEO Brad Garlinghouse stated that the next two weeks will be a critical window for advancing cryptocurrency legislation in the United States.He pointed out that if the Senate Banking Committee fails to complete the markup of the bill in the near future, the probability of the bill passing will "significantly decrease," especially as the midterm elections approach, which could further politicize related issues.Currently, the U.S. is pushing forward with the first federal-level crypto regulatory framework, involving the division of regulatory responsibilities between the SEC and the CFTC. Although the House version has been passed, progress in the Senate has been relatively slow. However, recent compromises on the issue of stablecoin yield could bring a turning point for progress this month.
According to CoinDesk, Ripple announced on Monday that it will share its internal intelligence on North Korean hackers with Crypto ISAC, a threat intelligence-sharing organization for the cryptocurrency industry, to help businesses identify coordinated intrusion campaigns. This move comes amid a recent shift in attack patterns targeting the cryptocurrency sector. The April theft of $285 million from the Drift protocol was not a traditional smart-contract vulnerability exploit; instead, North Korean hackers spent months building relationships with Drift contributors and installing malware on their devices before stealing private keys. Ripple stated: “The strongest crypto security posture is a shared one. A threat actor rejected by one company after background screening may submit resumes to three other companies the same week. Without shared intelligence, each company starts from scratch.”
Ripple has announced a further deepening of its long-term partnership with Bullish, a digital asset trading platform for institutional investors. The two parties will open Bullish's options market to Ripple Prime users.According to the agreement, institutional clients of Ripple Prime will gain direct access to Bullish's regulated Bitcoin options market, which is reportedly the second-largest trading market by open interest for crypto-settled BTC options. The offering also covers products such as spot, perpetual swaps, and futures contracts. Additionally, both parties stated that the stablecoin Ripple USD (RLUSD) will be used as a settlement and trading instrument in Bullish options trading, further enhancing institutional trading efficiency. (Crowdfundinsider)
Bitget Wallet has launched a Labor Day QR code payment campaign, running from April 28 to May 7, further driving the adoption of stablecoin payments in everyday consumption and travel scenarios across the Asia-Pacific (APAC) region. During the campaign, users who complete offline QR code payments using USDT or USDC will receive RLUSD cashback for each transaction. From May 1 to May 7, Bitget Wallet will randomly select one paying user per day to receive an additional 1,000 RLUSD cashback. To lower the barrier to first-time usage, Bitget Wallet will also airdrop XRP to eligible participants—serving as the account reserve required to activate RLUSD withdrawals. RLUSD is a compliant U.S. dollar-pegged stablecoin issued by Ripple and regulated by the New York State Department of Financial Services (NYDFS). This campaign marks Bitget Wallet’s first real-world consumer application following its integration of the XRP Ledger (XRPL) mainnet and onboarding of the RLUSD payment ecosystem at the end of March—and represents a key milestone in advancing Bitget Wallet’s Everyday Finance strategy.
According to Insight Korea, South Korea’s digital bank K Bank has established a strategic partnership with blockchain company Ripple to advance the validation of next-generation blockchain-based cross-border remittance technologies. The two parties will focus on evaluating optimization opportunities in remittance speed, cost structure, and transaction transparency through Ripple’s Global Payments Network and infrastructure. Current collaboration includes a digital wallet proof-of-concept, joint development of cross-border remittance models, and expansion into the digital assets domain. The ongoing Phase II testing simulates connecting banks’ internal systems with customer accounts and tests on-chain fund transfers to the United Arab Emirates and Thailand. K Bank is also evaluating Ripple’s SaaS-based digital wallet, Palisade, to enhance compliance and deployment efficiency.
the crypto advocacy groups Blockchain Association and CCI, together with over 120 industry institutions including Coinbase, Ripple, Kraken, and Circle, have sent a joint letter to the U.S. Senate Banking Committee, urging an accelerated review process for the CLARITY Act. The industry parties stated that the United States needs to establish a unified regulatory framework for digital asset markets, clarify regulatory responsibilities, and strengthen investor protection. They emphasized that relying solely on enforcement-based regulation cannot create a long-term stable environment. The institutions warned that prolonged policy ambiguity will lead to an outflow of capital, talent, and technology, weakening America's strategic advantages. They also called for the development of tailored federal unified regulatory rules for stablecoins, tokenized assets, and decentralized technologies.
According to CoinDesk, over 100 U.S. crypto companies and industry organizations sent a letter to the Senate Banking Committee urging advancement of the Clarity Act’s consideration to establish a federal regulatory framework for digital asset markets. Signatories include Coinbase, Ripple, Kraken, Andreessen Horowitz, Paradigm, and Consensys. Their core demands include clarifying the regulatory division of responsibilities between the SEC and the CFTC, protecting developers of non-custodial tools, simplifying disclosure requirements, and preventing fragmentation across state-level regulatory standards. The signatories warn that without a comprehensive crypto regulatory framework in the U.S., investment, jobs, and development activity may shift overseas.
Odaily News Ripple has announced a phased roadmap, planning to advance the XRP Ledger towards a quantum-resistant upgrade by 2028. The plan includes formulating a "Quantum-Day" contingency plan to address potential sudden threats from quantum computing and will involve preliminary testing and validation in collaboration with Project Eleven. Ripple stated that this initiative aims to prepare in advance for the transition to post-quantum security, with the entire plan to be implemented in four phases:Phase 1: Q-Day Emergency Preparedness (Initiated). Establish a Quantum Day (Q-Day) emergency response mechanism. If existing classical cryptographic systems are suddenly compromised, the network will immediately stop accepting traditional public key signatures and enforce a mandatory migration to quantum-safe accounts.Phase 2: Risk Assessment & Algorithm Testing (First Half of 2026). Conduct a comprehensive assessment of the impact of post-quantum cryptography on the XRP Ledger's network performance, storage, and bandwidth. Collaborate with Project Eleven to perform validator-level testing and Devnet benchmarking, deploy the NIST-standardized ML-DSA quantum-safe signature scheme, and develop a prototype for a post-quantum custody wallet.Phase 3: Devnet Hybrid Integration (Second Half of 2026). Integrate candidate post-quantum signature schemes in parallel with existing elliptic curve signatures on the Developer Network (Devnet), allowing developers to test performance and system impact without affecting the mainnet. Simultaneously explore post-quantum zero-knowledge proof primitives and homomorphic encryption technologies for Confidential Transfers, to advance the privacy and compliance capabilities for tokenized real-world assets on the XRPL.Phase 4: Mainnet Full Upgrade (Target 2028). Submit a formal protocol Amendment. Upon approval through validator voting, natively enable full post-quantum cryptography on the mainnet. (Cointelegraph)
Odaily News Ripple announced a partnership with South Korea's major insurance institution, Kyobo Life Insurance, to explore government bond tokenization settlement based on the Ripple Custody platform. The goal is to compress the T+2 settlement cycle for South Korean government bonds to near real-time execution. Both parties stated that they will focus on evaluating the technical and regulatory feasibility of tokenized government bond settlement. Specific transaction scale, launch timeline, and bond types involved have not been disclosed yet, and the overall initiative is still in the pilot exploration phase. Additionally, Kyobo Life will also explore stablecoin-based payment solutions, but specific currencies and implementation timelines have not been clarified. (CoinDesk)