Bitcoin’s adoption by institutions, banks, merchants, public companies, and nation-states has boomed in 2025, despite the recent price drawdown, says the financial services company River. “There is no bear market in Bitcoin adoption,” River said in a report published on Tuesday, which noted that while Bitcoin (BTC) is down 50% from its all-time high, “adoption … Read more
The biggest Bitcoin ATM operator in the US has begun phasing in a new requirement for users to provide identification for every transaction at its crypto ATMs amid increasing pressure from regulators and lawmakers for operators to curb illicit activity. Bitcoin Depot said on Tuesday that it began the rollout earlier in February across the … Read more
Crypto asset manager Bitwise has acquired the staking services company Chorus One, which oversees more than $2.2 billion in staked assets and could help Bitwise expand its portfolio of crypto staking products. Bitwise said on Tuesday that 50 of Chorus One’s employees will join Bitwise Onchain Solutions, where several billion dollars’ worth of crypto assets … Read more
Crypto exchange Kraken has launched trading of tokenized equity perpetual futures on its regulated derivatives platforms, allowing eligible non-US clients to trade 24/7 leveraged exposure to major US stock indexes, gold and individual companies including Nvidia, Apple and Tesla. According to Tuesday’s announcement, the contracts are structured as perpetual futures, derivatives that trade without expiry, … Read more
A major shareholder in Empery Digital has called on the company to abandon its Bitcoin-centric strategy, sell its digital asset holdings and return the proceeds to investors, along with demanding the resignation of the CEO and the entire board of directors. In a letter to the company’s board on Monday, Tice P. Brown, who is … Read more
Blockchain analytics company Nansen will establish a local entity and build a Bhutan-based team in Gelephu Mindfulness City (GMC), expanding into the kingdom as its Special Administrative Region advances its digital asset strategy. According to a joint announcement shared with Cointelegraph, Nansen plans to incorporate within GMC and develop on-the-ground analytics capabilities to provide blockchain … Read more
Russian authorities have initiated a criminal investigation into Telegram co-founder and CEO Pavel Durov, according to state media reports. Durov is being investigated in Russia as part of a criminal case involving allegations of facilitation of terrorist activities, official state publication Rossiyskaya Gazeta reported on Tuesday, citing the Federal Security Service (FSB). Kremlin spokesman Dmitry … Read more
Hong Kong-based stablecoin payments company RedotPay is reportedly weighing a US initial public offering (IPO) that could raise more than $1 billion and value the company at over $4 billion. The company is working with JPMorgan Chase, Goldman Sachs and Jefferies on a potential New York listing that may occur as early as this year, … Read more
Crypto venture firm Framework Ventures has partnered with mortgage services company Better to help it launch a $500 million plan to integrate with the decentralized finance protocol Sky, formerly MakerDAO. Better said on Monday that Framework would help it provide $500 million in credit to Sky’s stablecoin ecosystem, enabling it to launch tokens tied to … Read more
Taylor Lindman, the deputy general counsel at blockchain firm Chainlink Labs, has joined the Securities and Exchange Commission’s Crypto Task Force as its new chief counsel, filling a role left by now-CFTC chair Michael Selig. In an X post on Monday, Chainlink Labs announced Lindman’s departure after five years and confirmed his official appointment to … Read more