Coinbase, World Liberty Financial and Laser Digital are also in line for a banking charter in the US, after Crypto.com received conditional approval for a charter on Monday. Global financial services firm Payoneer is the latest in a growing number of companies to file for a national trust bank charter in the US, which could enable it to issue a stablecoin and provide various crypto services. Payoneer said on Tuesday it filed with the Office of the Comptroller of the Currency to form PAYO Digital Bank, a week after it partnered with stablecoin infrastructure firm Bridge to add stablecoin capabilities to its platform, which is mainly focused on cross-border transactions. Payoneer said that it is seeking to issue a GENIUS Act-compliant stablecoin, PAYO-USD, to serve as the holding currency in Payoneer wallets, in addition to allowing customers to pay and receive stablecoins. Read more
Bitcoin Depot is moving to require ID for all transactions as regulators have cracked down on crypto ATM operators over scams and money laundering concerns. The biggest Bitcoin ATM operator in the US has begun phasing in a new requirement for users to provide identification for every transaction at its crypto ATMs amid increasing pressure from regulators and lawmakers for operators to curb illicit activity. Bitcoin Depot said on Tuesday that it began the rollout earlier in February across the company’s US network ATMs, with the goal of helping to detect suspicious activity in real time and eliminate misuse by bad actors, such as account sharing, identity theft, and account takeover. “Continuous verification allows us to detect suspicious activity based on customers, locations, or transaction amount before a transaction is approved,” Bitcoin Depot CEO Scott Buchanan said in a statement. Read more
Bloomberg reports that Stripe is in early acquisition talks with PayPal as the payments giant has battled competition, leadership turmoil and an 85% stock drop from its peak. Payment processing firm Stripe is reportedly considering an acquisition of all or parts of its rival PayPal Holdings. Stripe is in early talks and has expressed preliminary interest in PayPal or parts of its business, though no deal is guaranteed, Bloomberg reported on Tuesday, citing people familiar with the matter. Stripe, which enables enterprises to accept payments, make payouts, and automate financial processes, said on Tuesday that it was valued at $159 billion in a tender offer to shareholders and employees, a 74% jump from a year ago. Read more
Anthropic alleges Chinese AI companies DeepSeek, Moonshot and MiniMax made 24,000 accounts and 16 million Claude exchanges to scrape its AI bot for training. Artificial intelligence firm Anthropic has accused three AI firms of illicitly using its large language model Claude to improve their own models in a technique known as a “distillation” attack. In a blog post on Sunday, Anthropic said that it had identified these “attacks” by DeepSeek, Moonshot, and MiniMax, which involve training a less capable model on the outputs of a stronger one. Anthropic accused the trio of generating “over 16 million exchanges” combined with the firm’s Claude AI across “approximately 24,000 fraudulent accounts.” Read more
Bitwise’s acquisition of Chorus One expands the company’s staking capabilities to more than 30 blockchains, including Solana, Hyperliquid, Monad, Avalanche and Sui. Crypto asset manager Bitwise has acquired the staking services company Chorus One, which oversees more than $2.2 billion in staked assets and could help Bitwise expand its portfolio of crypto staking products. Bitwise said on Tuesday that 50 of Chorus One’s employees will join Bitwise Onchain Solutions, where several billion dollars' worth of crypto assets are already staked. The acquisition could see Bitwise diversify its range of exchange-traded products, including staking, as the Securities and Exchange Commission has shown support for a broader range of crypto investment products. Read more
Ether faces a bearish trend as onchain fees and network deposits hit multiyear lows. Until derivatives metrics stabilize, ETH price remains at risk. Key takeaways: ETH futures liquidations reached $224 million after a 9% price drop, while the network’s onchain activity fell to a 12-month low. ETH’s high correlation with Bitcoin and massive outflows from exchange-traded funds suggest further downside risk for Ether price. Read more
The EU authority tracking compliance under the MiCA framework issued a warning to those marketing crypto derivatives as “perpetual futures or perpetual contracts.” The European Securities and Markets Authority (ESMA), the financial markets regulator and supervisor in the European Union, issued a notice to remind entities to assess investment vehicles providing leverage exposure to cryptocurrencies. In a Tuesday notice, ESMA said that derivatives products, including those marketed as “perpetual futures or perpetual contracts” tied to cryptocurrencies like Bitcoin (BTC) or Ether (ETH), likely fell within the scope of intervention measures applied to contracts for differences, or CFDs. The EU Authority warned companies to “take appropriate steps to identify, prevent, or manage conflicts of interest that may arise from the offering of these products.” “Where these derivatives meet the definition of a CFD, they are subject to the applicable product intervention requirements, including leverage limits, a mandatory ...
The exchange now allows US customers to trade thousands of stocks and ETFs commission-free alongside crypto, with 24/5 access and instant funding. Coinbase has opened stock and exchange-traded fund trading to all US users, allowing customers to buy and sell equities alongside crypto within the same app on a 24/5 basis. The rollout includes commission-free trading, fractional shares, and instant funding with USD or USDC. According to a company post on Tuesday, thousands of stocks are available to trade 24 hours a day, five days a week, with approximately 6,000 securities currently supported and plans to expand that number in the coming weeks. Coinbase said it aims to introduce stock perpetual futures for non-US users through Coinbase Bermuda Ltd., subject to regulatory approval, and said it intends to offer tokenized equities in the future. Read more
Kraken’s new contracts, built on the xStocks framework, offer up to 20x leverage on tokenized benchmarks tied to US equities and gold. Crypto exchange Kraken has launched trading of tokenized equity perpetual futures on its regulated derivatives platforms, allowing eligible non-US clients to trade 24/7 leveraged exposure to major US stock indexes, gold and individual companies including Nvidia, Apple and Tesla. According to Tuesday’s announcement, the contracts are structured as perpetual futures, derivatives that trade without expiry, and are offered to eligible clients outside the United States. Kraken described the products as the first regulated tokenized equity perpetual futures to be listed on a derivatives venue. The products are built using the xStocks framework, which issues blockchain-based representations of publicly traded stocks and exchange-traded funds. Kraken said the contracts reference tokenized equity benchmarks rather than directly holding the underlying shares. Read more
MoonPay debuts infrastructure enabling AI agents to transact with stablecoins onchain as both crypto and non-crypto companies race to build the “agent economy.” Crypto payments and stablecoin infrastructure company MoonPay has introduced a new software layer that gives artificial intelligence systems direct access to blockchain-based financial networks, a development that could allow AI agents to independently hold and move digital assets rather than rely on human intermediaries. The product, called MoonPay Agents, is a non-custodial tool that allows AI agents, or agentic AI, to create wallets, hold digital assets and execute onchain transactions without human intervention, once funded. The launch reflects a broader push to integrate autonomous AI systems with crypto infrastructure, potentially allowing algorithms to interact directly with decentralized finance protocols and other blockchain applications. Read more