The program uses MP Tokens, which users can earn by paying rent through the MegPrime system Megatel Homes is preparing to roll out a new crypto-based rewards program aimed at renters, following approval from US regulators to move forward. The Texas-based homebuilder received a “no-action” letter from the Securities and Exchange Commission, clearing the way
Tag: Cryptocurrency
Senate Committee Postpones Planned Debate of Crypto’s CLARITY Act
With disagreements still unresolved, the pause signals that crypto regulation may take longer than expected A key Senate committee has delayed its planned debate on the crypto-focused CLARITY Act, slowing momentum on a bill the digital asset industry has been closely watching. The markup, originally scheduled for Thursday, was postponed to allow more time for
Backpack Crypto Exchange Working on Prediction Market Platform
The move comes amid a major expansion of the prediction markets industry Backpack, a crypto exchange founded by former Alameda Research and FTX employees, is developing its own prediction market platform. The company has begun invite-only testing of a new product designed to let users trade predictions alongside other crypto positions within a single account.
New Kraken-Backed SPAC Hopes to Secure $250M IPO
Kraken hopes to sell 25 million units priced at $10 each through a public offering Kraken is lending its name and backing to a new special purpose acquisition company (SPAC) that plans to raise up to $250 million through a public offering. The blank-check firm, called KrakAcquisition, has filed with the US Securities and Exchange
Coinbase Lobbies for Block to Provisions In CLARITY Act
The outcome of this week’s discussions could shape how crypto rewards are treated going forward Coinbase is stepping up its lobbying efforts as US lawmakers prepare to review key sections of the CLARITY Act, a major crypto market structure bill. The debate centers on whether stablecoin issuers should be blocked from offering rewards through crypto
UK’s FCA could soon begin accepting crypto licensing applications
Those that fail to secure a license by the 2027 deadline will be restricted from conducting new UK business The UK Financial Conduct Authority (FCA) has established a definitive timeline for its new cryptocurrency licensing regime, with the application gateway scheduled to open in September 2026. Under the Financial Services and Markets Act (FSMA), all
Solana Mobile Plans SKR Token for Seeker Phone
The Seeker has already shown strong early demand, with over 150,000 devices shipped or pre-ordered globally Solana Mobile has officially confirmed that its native SKR token will launch on January 21, 2026. This digital asset is designed to serve as the backbone of the “Seeker” smartphone ecosystem, providing a new layer of decentralized governance and
The Digital Asset Market Clarity Act to Advance Before the End of the Month
The coming week will determine if the Senate can bridge the gaps to make regulatory clarity a reality The Digital Asset Market Clarity Act is moving toward a pivotal Senate vote next week, according to US Senator Tim Scott. According to Breitbart News, Scott confirmed that a markup for the landmark crypto market structure bill
Bitfinex: US Access to Venezuelan Oil Could Reduce Bitcoin Mining Costs
For high-energy mining operations, any step toward cheaper electricity is a move toward long-term sustainability Bitfinex analysts suggest that US efforts to tap into Venezuela’s massive oil reserves could lead to a significant drop in electricity costs for Bitcoin miners. By securing access to these vast resources, the energy market may see a shift toward
New Research Continues to Bust Myth That Crypto Mining Wastes Resources
The truth behind mining power consumption shows it’s not hurting the environment New research is continuing to challenge the idea that crypto mining is a drain on global resources, particularly when it comes to Bitcoin. Environmental, social, and governance researcher Daniel Batten says many of the most common criticisms around mining are not backed by
48 Countries to Report Crypto Investor Data to Crypto-Asset Reporting Framework
The framework may eventually be used to link crypto wallets to real identities Crypto investors in 48 countries are set to face increased reporting requirements as a new global transparency system begins taking shape. Under the Crypto-Asset Reporting Framework, or CARF, crypto wallet transactions will start being tracked for tax purposes, marking a major shift
ZachXBT Investigation Traces Fake Coinbase Support Scam to $2M in Losses
The well-known crypto sleuth has been able to track where stolen assets went Blockchain investigator ZachXBT says he has uncovered a crypto scam that cost users more than $2 million after a fraudster posed as a Coinbase customer support agent. The scheme targeted users of Coinbase and relied on social engineering rather than technical exploits.











