Month: February 2025

US crypto ATM operator Bitcoin Depot adds $5m in BTC to treasury

United States-based cryptocurrency ATM operator Bitcoin Depot has expanded its Bitcoin holdings, reinforcing its commitment to the leading digital asset. According to a Feb. 3 announcement, the publicly traded firm acquired an additional $5 million worth of Bitcoin, bringing its…...
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Kraken Secures License to Enter EU Derivatives Market

Crypto exchange Kraken secured a Markets in Financial Instruments Directive (MiFID) license in the European Union. Kraken was able to obtain the license that will enable it to offer crypto derivatives products in the block of 27 nations by acquiring a Cypriot investment firm which had the license from...
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CFTC’s Inquiry: Crypto.com, Kalshi Under Scrutiny For Super Bowl Wagering

The Commodity Futures Trading Commission (CFTC) has initiated inquiries into Crypto.com and Kalshi Inc. regarding their recently launched event contracts tied to the Super Bowl, as reported by Bloomberg.  Crypto.com Vows Cooperation: Prepared To Address CFTC’s Questions Under existing statutes, the CFTC has the authority to request additional information...
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Howard Lutnick Softens Stance on Tether Stability, Investment Ties

Howard Lutnick, the chairman of Cantor Fitzgerald and President Donald Trump’s pick for U.S. Commerce Secretary, was recently playing defense during another nomination hearing in front of Senate Democrats about the financial services giant’s investment in Tether, the company that issues the world’s largest stablecoin, USDT. Lutnick appeared before...
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