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Crypto ATM limits and bans sweep across US: Here’s why

Crypto kiosks or automatic teller machines (ATMs) are facing increasing pushback from US regulators amid concerns about fraud and crime.
Once seen as a bellwether of crypto adoption, crypto ATMs, which allow users to buy or convert crypto anonymously, are increasingly under lawmakers’ microscope. C
ATM0.32%
WHY-3.43%
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Galaxy secures $1.4B loan to fast-track Texas Helios AI datacenter

Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas
On Friday, the company announced that the loan will cover about 80% of the construction costs for the first phase of the p
FAST-4.17%
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New BIS plan could make ‘dirty’ crypto harder to cash out

The Bank for International Settlements (BIS) has proposed a provenance-based risk score system for crypto-to-fiat off-ramps.
In its Wednesday BIS Bulletin, the institution outlined “an approach to anti-money laundering compliance for cryptoassets,” recommending that a compliance score be assigned t
IN-8.62%
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How would peace in Ukraine affect Bitcoin’s price?

Key takeaways:
Peace talks can shift Bitcoin’s price through energy costs, inflation and interest rates.
In 2022, Bitcoin fell sharply, then rallied 27% above pre-invasion levels within a month.
Spot Bitcoin ETFs now act as a direct channel for macro sentiment.
Three likely peace talk
IN-8.62%
BTC-0.03%
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Bitcoin miners and AI firms compete for cheap sustainable energy

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BTC-0.03%
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Spot Ether ETFs rack up $3B in August as ETH hits yearly high

US spot Ether exchange-traded funds (ETFs) have recorded over $3 billion in net inflows in the first two weeks of August, marking their second-strongest monthly performance to date, with more than two weeks left in the month
According to ETF data tracker SoSoValue, spot Ether (ETH) ETFs are set to
IN-8.62%
ETH-1.05%
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Garantex had ‘contingency plans’ last time authorities tried to shut it down

Cryptocurrency exchange Garantex Europe, which was sanctioned on Thursday, could already have a contingency plan allowing it to skirt the impact of US sanctions, says blockchain intelligence firm TRM Labs
On Thursday, the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Garantex a
IN-8.62%
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Sorry, ETH holders…you may have to wait longer for all-time highs

A new all-time high for Ether could still be weeks or months away, despite it currently sitting only a few hundred dollars off a new record price, analysts warn
“With ETH near its previous ATHs, we may consolidate for a bit, given the very large run-up in such a short time frame,” Nansen analyst
ETH-1.05%
MAY2.39%
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David Bailey’s Nakamoto closes KindlyMD merger for Bitcoin treasury

David Bailey’s Bitcoin firm, Nakamoto, has completed its merger with healthcare company KindlyMD, forming a publicly-traded Bitcoin treasury vehicle with a plan to accumulate 1 million Bitcoin.
The merged entity will retain the KindlyMD name and continue trading on the Nasdaq under the ticker
BTC-0.03%
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Investors target ‘fun-first’ crypto games as funding jumps 94% in July

Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar.
March still has the highest month for Web3 gaming funding this year at $69 million, but
FUN6.16%
GAMES-0.47%
IN-8.62%
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Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war

American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month.
The mining company purchased a
TRUMP0.26%
BTC-0.03%
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Citigroup weighs crypto custody as ETFs, stablecoins gain momentum

Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services, aiming to capitalize on a market bolstered by Trump-era regulatory approvals and pro-industry legislation.
Biswarup Chatterjee, a Citigroup executive, told Reuters that the bank’s initial focus
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