by Michael
Key TakeawaysCircle secured an NYDFS trust charter, enabling it to issue state-approved stablecoins and offer custody.The NYDFS license validates Circle’s compliance standards, securely positioning USDC in the global market.This state approval follows federal OCC...
by Michael
Key TakeawaysStrategy now holds 843,775 BTC, up 11% at the end of Q2, per its latest earnings report.The firm sold 3,588 BTC for $216 million in early July, extending its break from “never sell.”Strategy’s USD reserve hit $3.75 billion after a $544.5 million raise,...
by Michael
Key TakeawaysNew York sued Kalshi for running an unlicensed gambling operation disguised as a prediction market.The state alleges Kalshi bypasses taxes and illegally permits betting by users under 21 years old.New York seeks a ban on Kalshi, customer restitution, and...
by Michael
Key TakeawaysCoinbase’s crypto trading volume market share hit a record 10.3% in Q2 2026, up from 9.1%.Coinbase posted a $359 million net loss as total revenue fell 14% to $1.2 billion.Subscription and services revenue hit a record $555 million, or 48% of Coinbase’s...
by Michael
Bybit’s new simulator previews both Dual Asset settlement outcomes clearly. Redesigned interface reduces steps needed to compare terms and place orders. VIP-tier products with enhanced APR rates open to all users every Friday. Bybit said on Friday that it had upgraded... Translate »