Kraken parent Payward is acquiring Asia-based stablecoin payments infrastructure firm Reap for $600M, expanding into card issuance and merchant rails.

Read the full article: https://www.spendnode.io/blog/kraken-acquires-reap-600m-stablecoin-infrastructure-asia-may-2026/

A White House crypto adviser says the administration is targeting July 4 for CLARITY Act passage, with Senate Banking markup planned this month.

Read the full article: https://www.spendnode.io/blog/white-house-clarity-act-july-4-target-may-2026/

White House official Patrick Witt says a Strategic Bitcoin Reserve announcement is coming within weeks, signaling movement on Trump's March 2025 executive order.

Read the full article: https://www.spendnode.io/blog/white-house-strategic-bitcoin-reserve-announcement-weeks-may-2026/

Coinbase has rolled out GOLD-PERP and SILVER-PERP contracts for eligible non-US users, pushing its derivatives venue beyond crypto into traditional commodities.

Read the full article: https://www.spendnode.io/blog/coinbase-gold-silver-perpetual-futures-launch-may-2026/

XRP whale deposits to Binance just hit their weakest reading in over three years, signaling large holders are sitting on supply rather than rotating to sell.

Read the full article: https://www.spendnode.io/blog/xrp-whale-inflows-binance-3-year-low-may-2026/

South Korea confirms a January 2027 start for crypto income tax, per Edaily. The 20% levy above 2.5M won applies to gains from digital assets.

Read the full article: https://www.spendnode.io/blog/south-korea-virtual-asset-tax-january-2027-may-2026/

OKX is rolling out perpetual futures contracts pegged to private valuations of OpenAI, SpaceX, and Anthropic, opening crypto-funded exposure to AI giants.

Read the full article: https://www.spendnode.io/blog/okx-pre-ipo-perpetual-futures-openai-spacex-anthropic-may-2026/

UK regulators open a competition probe into digital wallet agreements between PayPal, Mastercard, and Visa, with knock-on risk for crypto card issuers.

Read the full article: https://www.spendnode.io/blog/paypal-mastercard-visa-uk-competition-probe-digital-wallets-may-2026/

BNY Mellon, the world's largest custody bank with $52T under custody, is expanding crypto services in Abu Dhabi as the UAE pushes deeper into digital assets.

Read the full article: https://www.spendnode.io/blog/bny-mellon-crypto-custody-abu-dhabi-expansion-may-2026/

Aave liquidated the KelpDAO attacker's rsETH positions on Ethereum and Arbitrum, leaving the protocol about 10% short of clearing the bad debt.

Read the full article: https://www.spendnode.io/blog/aave-liquidates-kelpdao-hacker-rseth-bad-debt-recovery-may-2026/