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Payward To Acquire CFTC-Regulated Crypto Derivatives Platform Bitnomial

Payward, the parent company of the Kraken cryptocurrency exchange, announced on Friday that it has entered into a “definitive agreement” to acquire Bitnomial, a US-licensed cryptocurrency and derivatives exchange; the deal values Bitnomial’s equity at $20 billion. Bitnomial is the “first” crypto-native exchange in the United States to hold all three regulatory licenses from the…

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Federal Judge Issues Preliminary Injunction Against Nexstar-Tegna Pact

A federal judge in Sacramento has issued a preliminary injunction against Nexstar‘s acquisition of Tegna TV stations as part of DirecTV‘s lawsuit to block the merger of TV station groups. U.S. District Court Judge Troy Nunley of California’s Eastern District issued the 52-page ruling late Friday, siding with DirecTV’s argument that allowing Nexstar to move…

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