Flash News

TREE NEWS reports: Coinbase and Webull are expanding their crypto trading and custody services to Canada, marking a significant step in their international growth. This move brings regulated digital asset services to Canadian users, potentially increasing adoption in the region.

TREE NEWS update: Webull is bringing crypto trading to Canadian users via a partnership with Coinbase, adding digital assets to its existing stocks, ETFs, and options offerings. This move comes as Canadian crypto adoption rises and regulators move toward clearer industry rules.

TREE NEWS update: Former SEC and CFTC officials have called for relaxed regulations to lure crypto perpetual futures trading back to the US. They argue that overly strict oversight is driving the market offshore, and propose a more balanced framework to foster innovation while maintaining investor protection.

TREE NEWS update: Offshore crypto perpetual trading volume surpassed $9 trillion in 2025, up from about $2.8 trillion two years ago, per Kalshi. Former SEC and CFTC officials, including Chris Giancarlo, urged regulators to align oversight with actual risk to reduce compliance burdens and attract liquidity back to the US. The SEC and CFTC are advancing rulemakings, with a comment period open until October 20.

TREE NEWS reports: Former SEC and CFTC officials are advocating for a more lenient regulatory approach to bring crypto perpetual futures trading onshore, warning that burdensome rules will keep the $90 trillion market offshore. They urge the agencies to act despite the Clarity Act being stalled in Congress.

TREE NEWS update: Hyperliquid Labs is in advanced negotiations with Payward, Kraken’s parent company, to offer Hyperliquid ecosystem perpetual futures to US traders through its exchange Bitnomial. If regulatory approval is secured, US users could trade perpetuals linked to token prices on the Hyperliquid blockchain. This comes as Hyperliquid accelerates its US expansion, following President Trump’s remarks about supporting its entry into the US market.

TREE NEWS update: Russia’s Sberbank projects $46.4 billion in trading volume during the first year of its crypto operations, as the country accelerates regulation of digital assets. Bitcoin trading is expected to be a major driver, according to a report from Bitcoin Magazine.

TREE NEWS reports: Russia’s largest bank, Sberbank, plans to accept Bitcoin, Ethereum, and Tether as loan collateral, contingent on new crypto regulations and approval from the Bank of Russia. This move signals growing institutional adoption of digital assets in Russia.

TREE NEWS reports: The US SEC is reportedly considering eliminating rules that allow shareholders to submit proxy proposals, a move that could significantly impact corporate governance and shareholder activism. This development may have implications for crypto companies and the broader financial markets.

TREE NEWS update: Kalshi has imposed its first lifetime trading ban on former U.S. Congressman George Santos. The ban follows Santos’s use of the prediction market platform, marking a significant enforcement action by the exchange.

TREE NEWS update: Sony is defending against a California class action over its ‘Buy Now’ buttons by arguing that digital games are licensed, not owned, and has asked the court to send the case to arbitration. The outcome could impact consumer rights and the broader digital ownership debate.

TREE NEWS reports: Crypto exchange Luno has obtained a Class F Digital Asset Business License from the Bermuda Monetary Authority, enabling it to operate under a comprehensive regulatory framework. This milestone reflects the exchange’s commitment to compliance and expands its global footprint in a well-regulated jurisdiction.

TREE NEWS update: Russia’s largest bank estimates that regulated crypto exchanges could see over $46 billion in trading volume in the first year after legalization. The report suggests significant adoption of crypto trading through regulated platforms in Russia.

TREE NEWS update: Ireland has introduced a new tax-advantaged investment account that explicitly excludes cryptocurrencies from eligible assets. The move signals continued regulatory caution towards digital assets in the country’s retail investment landscape.

TREE NEWS update: Ireland has introduced a new savings scheme that excludes crypto assets, aiming to mobilize up to $203 billion in deposits. The move reflects a cautious stance toward digital assets within traditional financial frameworks.

TREE NEWS reports: An arbitration panel ruled that Gemini is not liable for the collapse of its Earn lending program, a significant legal victory for the crypto exchange. The decision could impact similar cases involving crypto lending platforms and their obligations to users.

TREE NEWS reports: Ireland has excluded crypto assets from its new tax-advantaged state savings scheme, which targets €203 billion in deposits. The scheme, opening next year, will only include shares, bonds, funds, ETFs, and insurance products, signaling a cautious regulatory stance toward digital assets.

TREE NEWS update: The EU has classified ChatGPT as a very large online search engine and Reddit and Roblox as very large online platforms under the Digital Services Act. This designation subjects them to stricter obligations regarding content moderation, transparency, and risk management.