In this episode of the Coin Street headlines, we dive into the latest headlines from the cryptocurrency world. We discuss how the U.S. cryptocurrency exchange Kraken has announced the confidential filing of a draft registration statement for a proposed initial public offering (IPO). Bullish has reported its strongest quarter since going public, driven by increased institutional activity. We analyze their impressive turnaround from a loss to a net income of $18.5 million, despite a dip in stock price. As global banks race to keep up with the stablecoin trend, HSBC is set to offer tokenized deposits to corporate clients in the U.S. and UAE. We explore the implications of this move for the banking sector. Finally, following Kenya’s implementation of its first comprehensive cryptocurrency law, Bitcoin ATMs have emerged in major shopping malls. We discuss the significance of this development amidst regulatory challenges. Jane King with the latest from the NYSE.
