Crypto Biz: Same players, bigger bets as crypto eyes a rebound
Familiar players ramp up Bitcoin and Ether bets as markets hint at a rebound, while institutions test blockchain rails and US lawmakers stall on crypto rules this week.
Nakamoto taps Bitwise and Kraken for Bitcoin options strategy to hedge risk
Nakamoto launched a Bitcoin derivatives program with Bitwise and Kraken, aiming to generate options premiums and hedge part of its BTC treasury exposure.
China’s new online marketing rules tighten ban on crypto promotions
China’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK.
ECB signs standards deals to cut digital euro integration costs
The ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integration costs for banks and merchants.
Zondacrypto CEO goes off radar as Poland probe deepens
Polish prosecutors are investigating Zondacrypto over alleged fraud and fund access issues, while local media report that CEO Przemysław Kral is in Israel.
Wisconsin sues Kalshi, Polymarket, others over sports event contracts
Wisconsin’s lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators over sports prediction markets.