Today’s Insider ⬇️

🀝 Operational License: Kraken parent Payward secures preliminary VARA approval for Dubai expansion

πŸš€ Regulatory Push: NHL, CFTC team up with memorandum of understanding as sports-based prediction markets balloon

πŸ“ˆ Public Listing: Blockchain.com confidentially files for US IPO as crypto firms continue public market push

Market UpdateΒ 

Market

Value

Day P&L

YTD

Bitcoin

$77,632

+0.27

-27.34%

Ethereum

$2,138

+0.17%

-13.73%

Solana

$87

+1.22%

-47.84%

XRP

$1.37

+0.17%

-41.68%

S&P 500

$7,447

+0.18%

+27.44%

Gold

$4,548

+0.37%

+37.45%

1. Kraken Parent Payward Secures Preliminary VARA Approval for Dubai Expansion

Operational license: Payward has secured preliminary VARA approval in Dubai, enabling Kraken to offer spot, margin, OTC trading, staking, and institutional services in the UAE under a locally regulated subsidiary.

πŸ”Ž Insider Insight: The Dubai approval adds a regulated Middle East presence to Kraken's growing global licensing stack, which already spans the U.S., Europe, and APAC. Combined with the $600 million acquisition of Hong Kong-based Reap Technologies, Payward is systematically building regulated on-the-ground operations across every major financial hub.

Top Crypto Insider Pick of 2026Β 

BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target

BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.

Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.

By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.

πŸ’‘ Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.

2. CFTC and NHL Sign MOU to Protect Integrity of Hockey-Linked Prediction Markets

Regulatory push: The CFTC and NHL have signed an MOU to coordinate information sharing and protect the integrity of professional hockey and related prediction market event contracts.

πŸ”Ž Insider Insight: The NHL agreement follows a similar MLB MOU in March, signaling the CFTC is building a league-by-league institutional framework to defend its exclusive jurisdiction over prediction markets. With the agency actively suing six states over sports betting restrictions, these MOUs are as much a political strategy as a compliance one.

3. Blockchain.com Confidentially Files for US IPO as Crypto Public Listings Continue

Public listing: Blockchain.com has confidentially filed for a U.S. IPO with the SEC, extending a wave of crypto public listings that have collectively raised an estimated $14.6 billion since 2025.

πŸ”Ž Insider Insight: The filing by one of crypto's oldest firms signals the IPO window remains open despite recent market volatility that pushed Kraken to pause its own listing plans. With Circle, Gemini, and BitGo already public, Blockchain.com's debut would further normalize crypto companies as mainstream publicly traded equities.

That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.

Till next time,

3Insiders Team

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