Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults
Kraken customers can make use of their Bitcoin holdings and generate BTC yield without ever leaving the exchange.
Cointelegraph·
UK sanctions Huobi Global S.A., operator of HTX, over alleged role in Russia’s “A7” shadow network, as new analysis claims the exchange handled billions in high‑risk flows.
Read full articleKraken customers can make use of their Bitcoin holdings and generate BTC yield without ever leaving the exchange.
UK authorities are ramping up their pressure on Russia with a fresh sanctions package targeting over a dozen individuals, crypto networks, and firms used to bypass the country’s sanctions. Related Reading: Polymarket Faces Ban In Indonesia Amid Growing Global Crackdown Russia-Linked Crypto Firms Hit With New Sanctions On Tuesday, the UK’s Foreign, Commonwealth & Development […]
UK sanctions crypto firms linked to Russian networks while HTX says operations remain safe and unaffected by recent actions. The UK government expanded its crackdown on Russia-linked financial networks on May 26. Multiple crypto businesses were sanctioned as part of the Russian sanctions. The UK’s first use of these sanctions powers against crypto exchanges. UK […] The post UK Cracks Down on Russia-Linked Crypto Firms and Exchanges appeared first on Live Bitcoin News.
The UK's unprecedented sanctions on HTX highlight a growing regulatory willingness to target major crypto exchanges, impacting global market dynamics. The post U.K. sanctions HTX over suspected ties to Russian crypto operations appeared first on Crypto Briefing.
The UK's sanctions on HTX highlight increasing regulatory scrutiny on crypto exchanges, potentially reshaping global crypto compliance norms. The post UK sanctions Huobi Global S.A. for ties to Russia sanctions-evasion networks appeared first on Crypto Briefing.
Formerly Huobi Global, the exchange is the latest entity to be named as part of a crackdown on companies “exploited by Russia to circumvent UK sanctions.”
British financial institutions are now barred from doing business with the exchanges—and may face penalties for interacting with crypto transactions that pass through them.
The United Kingdom has sanctioned Huobi Global S.A., now linked to HTX, in a Russia-focused action targeting crypto channels accused of helping sanctioned networks move funds. According to the UK government, the latest sanctions package freezes assets connected to the…