Bitcoin Depot, a publicly traded cryptocurrency ATM provider, is facing mounting regulatory pressure in the US amid a steep stock decline and a weak revenue outlook. The Connecticut Banking Commissioner, through the Consumer Credit Division, issued a temporary cease-and-desist order against Bitcoin Depot on March 9, summarily suspending its money transmission license in the state.…
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US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to seven consecutive days, marking the longest run since October 2025. Spot Bitcoin (BTC) ETFs added $199.4 million on Monday, bringing their seven-day streak to around $1.2 billion, according to data from SoSoValue. The latest inflows suggest continued institutional interest, though total inflows remain far…
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A court in Argentina has ordered a nationwide block of the major crypto-based prediction market platform Polymarket over unauthorized gambling. Argentina’s national communications and media regulator, Ente Nacional de Comunicaciones (ENACOM), received a court order to block access to the Polymarket website and its variants across the country, according to a ruling dated March 11.…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC. Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according to a US Securities and Exchange Commission filing on Monday. The purchase ranks among the five largest Bitcoin acquisitions…
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Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows…
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HSBC Holdings and a joint venture led by Standard Chartered are reportedly set to become the first authorized stablecoin issuers in Hong Kong. The Hong Kong Monetary Authority (HKMA) is expected to issue stablecoin licenses to HSBC and Standard Chartered, the South China Morning Post reported Thursday, citing people familiar with the matter. HSBC and…
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The Department of Justice is investigating Iran’s use of Binance for alleged sanctions evasion after the exchange repeatedly denied wrongdoing. The US Department of Justice is reportedly investigating Iran’s use of Binance for alleged sanctions evasion. The DOJ is investigating whether Iran used Binance to evade US sanctions and whether transactions on the exchange helped…
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The European Central Bank (ECB) on Wednesday published its Appia roadmap, setting out a long-term plan for building tokenized wholesale financial markets in Europe anchored in central bank money. The roadmap is built around two linked initiatives. Pontes is the Eurosystem’s distributed ledger technology settlement solution, while Appia is the broader strategic framework for developing…
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US spot Bitcoin exchange-traded funds (ETFs) saw increased inflows on Tuesday, even as BTC dipped below $70,000. Spot Bitcoin (BTC) ETFs recorded $251 million in inflows, building on Monday’s $167 million in gains, according to SoSoValue data. The inflows continue a positive trend in March, with cumulative monthly gains now at $1.56 billion versus $576.6…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, sold a record amount of its perpetual preferred equity, Stretch (STRC), after amending its sales rules on Monday. Strategy is estimated to have bought 1,420 Bitcoin (BTC) in a single day after selling roughly 2.4 million STRC shares through its at-the-market (ATM) program, according to…
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