Fast food chain Steak ‘n Shake announced its decision to accept Bitcoin BTC$68,324.61 nine months ago, same-store sales increased “significantly.” Bitcoin payments are routed directly to its strategic Bitcoin reserve, which is then used to fund bonus payments to its employees, according to a statement posted Monday on the company’s X account. “Nine months ago […]
The UK’s crypto regulatory framework is moving in the right direction, but not fast enough to support the country’s ambitions to become a global digital asset hub, Andrew MacKenzie, CEO of sterling stablecoin developer Agant, told CoinDesk. The government has repeatedly pledged to position London as a center of global activity in crypto and digital
Decentralized lending protocol ZeroLEnd is shutting down operations after three years, citing unsustainable economics amid inactive blockchains and growing security threats. The protocol, which operated crypto lending markets on various blockchains, said sustained efforts could not overcome challenges such as removing support from price data providers and decreasing liquidity on networks like Manta, Zircuit and
DeFi ZeroLend protocol shuts down after 3 years, citing inactive chains and hacks Read More »
Bitcoin Price Today: Stable at $68,000 Amid Thinned Holiday Trading
Bitcoin Price Today: Stable at $68,000 Amid Thinned Holiday Trading Read More »
Investors are the most bearish on the dollar in more than a decade, according to the latest Bank of America (BofA) survey, and this extreme bet could lead to bitcoin. BTC$68,266.99 volatility, but not in the way crypto bulls have become accustomed to. BofA’s February survey shows that investor positioning on the US dollar has
The bearish positioning of the dollar reaches its highest level since 2012. Read More »
HONG KONG — Oleg Ogienko, A7A5’s director of regulatory and foreign affairs, is looking to debate anyone who accuses him of breaking compliance laws through his stablecoin company. Speaking to CoinDesk at Consensus Hong Kong, the public face of ruble-denominated stablecoin issuer A7A5 – which grew faster last year than USDT or USDC – stressed
Inside Sanctioned Stablecoin Issuer A7A5’s Race to Build a Crypto Giant Read More »
The Hong Kong Securities and Futures Commission (SFC) has granted a crypto license to Victory Fintech (VDX), an affiliated entity of publicly listed financial services company Victory Securities (8540). Victory was granted permission to operate a digital asset trading platform on Friday, according to the SFC’s register of licensed crypto companies, the first addition since
Hong Kong regulator approves first crypto company license since June last year Read More »
Nexo is set to return to the US market, claiming to have officially rolled out a suite of digital asset and trading infrastructure offerings from US firm Bakkt. The digital asset wealth platform withdrew from the United States at the end of 2022 after what it called an “impasse” in negotiations with state and federal
Nexo returns to the US with Bakkt-backed crypto services after regulatory exit in 2022 Read More »
Policymakers across North America are concerned about what the energy consumption of crypto, artificial intelligence and other data centers could mean for affordability for regular customers, but crypto investment firm Paradigm argues the government should exclude bitcoin mining operations. Bitcoin mining requires a huge amount of electricity. But the business model only works when that
Last year, the institutional foundation of cryptocurrency was restored. This year, according to Silicon Valley Bank (SVB), it will be more integrated into the financial system. Regulatory clarity has improved in 2025, institutional engagement has accelerated and capital markets have reopened. The focus is now shifting from price cycles to infrastructure, as digital assets are
2026 is the year of crypto mainstreaming, according to Silicon Valley Bank Read More »
