Episode
Kraken wants to be a federal bank. The SEC agrees.
- Podcast
- Token Metrics Daily Pulse
- Published
- May 8, 2026
- Duration seconds
- 488
- Processing state
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Summary
Atkins eyes on-chain market rules. ECB panics over Tether. SOL up 4%. Today's key developments: - Kraken's parent Payward just applied for a national trust bank charter with the OCC, putting it in the same regulatory category as BNY Mellon and JPMorgan's trust arms. - SEC Chair Atkins signaled the agency is weighing new rulemaking for on-chain market structures and AI-driven finance, marking the clearest pivot yet from enforcement-first to rules-first crypto policy. - The ECB's Christine Lagarde warned that Tether and Circle stablecoins risk "digital dollarisation" in Europe, calling for urgent action to develop a digital euro before USD-denominated stablecoins entrench themselves. Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-8db6?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast Subscribe for daily crypto market updates. Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com