Core Scientific to Acquire Polaris for $421 Million

The CFTC is soliciting public opinion on exemption proposals aimed at reducing the registration burden of some CPOs and CTAs. （Cointelegraph）

According to Cointelegraph, Interstice Digital has partnered with FalconX to launch a non-custodial cross-chain swap engine, connecting the Canton network with Ethereum, Solana, and Robinhood Chain, enabling direct asset swaps across the four networks. FalconX provides liquidity for the engine, bridging Canton’s institutional tokenized asset market with public chain trading activities. Canton supports privacy and permission controls, with an ecosystem that includes financial institutions such as JPMorgan, Goldman Sachs, and BNP Paribas. Interstice is a wholly-owned subsidiary of Everyrealm, backed by investors including a16z Crypto and Coinbase Ventures.

Kraken Co CEO Arjun Sethi confirms that the company is exploring expansion of its European banking business and asset management partnerships. （Cointelegraph）

The United Arab Emirates has announced the suspension of all commercial activities and financial transactions with Iran. （Watcher.Guru）

[Coinbase and Ripple-funded PAC invests $2 million in Florida to influence Democratic primary] According to Cointelegraph, the Protect Progress PAC, funded by Coinbase and Ripple Labs, has spent over $2 million in Florida's 24th Congressional District on ads opposing Democratic candidate Oliver Gilbert. Federal Election Commission records show that Oliver Gilbert has the support of incumbent Congresswoman Frederica Wilson, who previously voted against the CLARITY and GENIUS Acts. As of January, Fairshake held $193 million in funds and had already invested over $82 million in various primaries by June.