












Kalshi, a leading prediction market, has announced that it will now accept Bitcoin deposits, aiming to attract cryptocurrency users. This move allows users to fund their accounts with Bitcoin, enhancing the platform's accessibility for crypto-native traders. In a related development, Block, Inc., the payment company founded by Jack Dorsey, has launched an open-source dashboard designed to help corporations manage their Bitcoin holdings. Block recently disclosed that it owns $700 million in Bitcoin, further solidifying its commitment to integrating cryptocurrency into its financial operations. However, Block is also facing regulatory scrutiny, having agreed to a $40 million settlement with New York regulators over anti-money laundering compliance failures associated with its Cash App service.
NY DFS gets Block for $40M for inadequate AML and virtual currency compliance failures And a message to the crypto folk; the Fed’s may have walked away, but the states haven’t Link in the next one (because the twitter algo is silly)
.@NYDFS and Jack Dorsey's Block agreed to a $40 million settlement over anti-money laundering issues with @CashApp. @jesseahamilton reports https://t.co/gWvN7ahW8w
.@jack Dorsey champions Bitcoin payments for @signalapp's secure messaging https://t.co/taZLn6RIJY