Cronos Proposal to Reissue 70B CRO Tokens Sparks Veto Calls

March 3, 2025 Bitcoin.com

bitcoin.com

Cronos blockchain’s proposal to reissue 70 billion previously burned CRO tokens (worth $6.3 billion) into a locked reserve has drawn criticism, with some stakeholders urging a veto. Cronos Proposes 70B CRO Token Reallocation Proposal The Cronos blockchain, developed by the crypto exchange Crypto.com, is considering a governance proposal to reintroduce 70 billion CRO tokens—equivalent to […]

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

CFTC Acting Chairman To Hold a Crypto Summit To Discuss the Launch of ‘Digital Asset Markets Pilot Program’

February 8, 2025 The Daily Hodl

CFTC

The U.S. Commodity Futures Trading Commission (CFTC) plans to hold a “CEO forum” for the heads of digital asset firms. The summit will include participants from Ripple, Coinbase, Circle, Crypto.com and MoonPay and will involve discussions about the “launch of the CFTC’s digital asset markets pilot program for tokenized non-cash collateral such as stablecoins,” according […]

The post CFTC Acting Chairman To Hold a Crypto Summit To Discuss the Launch of ‘Digital Asset Markets Pilot Program’ appeared first on The Daily Hodl.

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

CFTC Investigates Crypto.com and Kalshi for Super Bowl Event Contracts

February 5, 2025 The Daily Hodl

CFTC

The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the exchange Crypto.com and the retail betting market Kalshi. The retail trading giant Robinhood announced on Monday that it planned to roll out a prediction market for the Super Bowl on Kalshi. The company walked back that announcement […]

The post CFTC Investigates Crypto.com and Kalshi for Super Bowl Event Contracts appeared first on The Daily Hodl.

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

Crypto.com Exchange Secures ‘In-Principle’ MiCA License, Paving the Way for Full European Union Approval

January 18, 2025 The Daily Hodl

crypto assets

The Singapore-based exchange Crypto.com has secured an “in-principle” license to operate under the European Union’s new digital asset regulatory framework. Crypto.com bills itself as the “first major global crypto asset service provider” to receive a Markets in Crypto Assets (MiCA) approval. MiCA is new EU legislation that establishes rules covering the supervision, consumer protection and […]

The post Crypto.com Exchange Secures ‘In-Principle’ MiCA License, Paving the Way for Full European Union Approval appeared first on The Daily Hodl.

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

CFTC mulling probe of Crypto.com over Super Bowl contracts: Report

January 14, 2025 Coin Telegraph

Betting

The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports.

The US Commodity Futures Trading Commission is reportedly deliberating on whether it should look into the legality of Crypto.com’s futures contracts allowing bets on football matches, including the upcoming Super Bowl.

The five CFTC Commissioners are voting on whether to pull the contracts into a 90-day review to determine if they violate gaming laws, Bloomberg reported on Jan. 14, citing people familiar with the matter.

The agency can’t immediately stop the trading of the contracts, and any review would wrap up after the Super Bowl on Feb. 9 — but the CFTC could ban the contracts after that.

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

From Crypto to Wall Street: Crypto.com Takes on Stock Trading

January 3, 2025 Bitcoin.com

bitcoin.com

According to the crypto firm Crypto.com, individuals in the United States can now trade stocks and exchange-traded funds (ETFs) on its platform. The service is gradually being introduced in Pennsylvania, Ohio, Washington, and Arizona, with plans to expand “across the country,” the company announced this week. Crypto.com Gradually Rolls out Stock Trading Feature Crypto.com is […]

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

Crypto Biz: The Year of Bitcoin

December 27, 2024 Coin Telegraph

Bitcoin

This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.

Bitcoin has had such a historic year! Nearly 16 years after its network debuted, cryptocurrency solidified its status as a mainstream financial instrument with the approval of 11 exchange-traded funds in January.

The ETFs’ launch marked one of the most successful debuts in history thanks to institutional demand, with Bitcoin-focused funds attracting over $113.5 billion by the end of the year. This influx helped push Bitcoin’s (BTC) price to record highs of $100,000 in December, largely sustained by professional buyers.

The impact was felt across the broader market, with institutional investors leading a rise in over-the-counter (OTC) transactions. Kraken exchange, for instance, has seen a 220% year-over-year increase in its OTC markets. “Long story short, OTC is going gangbusters right now,” reportedly said Tim Ogilvie, head of institutional at Kraken.

Source: CoinGlass

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

EU silence does not make USDT MiCA-compliant, says exec

December 27, 2024 Coin Telegraph

Binance

While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.

The European Union’s cryptocurrency regulations are set to take full effect in just a matter of days, but there’s still a significant amount of uncertainty on Tether’s USDt stablecoin.

United States crypto exchange Coinbase delisted Tether’s USDt (USDT) in mid-December, citing compliance with the EU’s Markets in Crypto-Assets Regulation (MiCA).

After Coinbase’s USDT delisting, the stablecoin has continued trading across the EU, with many exchanges apparently awaiting more clarity from European authorities on USDT’s compliance with MiCA.

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

Crypto.com Announces Launch of New Custody Service for High Net Worth Clients in US and Canada

December 25, 2024 The Daily Hodl

crypto

The Singapore-based digital asset exchange giant Crypto.com plans to offer custody services for high-net-worth individuals and institutions in the US and Canada. This week, the exchange announced the launch of a US trust company to enable the new services. Crypto.com also plans to shift all US and Canadian customer digital assets to the new trust […]

The post Crypto.com Announces Launch of New Custody Service for High Net Worth Clients in US and Canada appeared first on The Daily Hodl.

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

Crypto.com’s Festive Finale: Crypto Salvation Army Donations, $1M Giveaway, and New Custody Options

December 23, 2024 Bitcoin.com

bitcoin.com

This week, digital currency company Crypto.com made a splash with several announcements. Among them was a partnership with the Salvation Army, coinciding with the busy holiday season of Christmas donations. On top of that, the company debuted its very first sports event trading product and launched its U.S. trust entity, the Crypto.com Custody Trust Company. […]

crypto.com