-
DraftKings Launching Crypto-to-Cash Deposits in Quartet of States
DraftKings sportsbook clients in four states will soon be able to convert cryptocurrency to cash to fund their accounts. The revelation was made at a recent meeting of the Massachusetts Gaming Commission (MGC), though that’s not one of the states permitting that funding avenue DraftKings accounts. The states permitting it are Illinois, Kentucky, New Hampshire, and Vermont. Gaming regulators in Kentucky and Vermont confirmed to various media outlets those jurisdictions are permitting crypto-to-cash conversions for DraftKings customers. Massachusetts was expected to be part of the test group, but last month, the ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From beemarkets.com | Feb 2, 2026
President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve has sent a wave of uncertainty through cryptocurrency and traditional markets, threatening to prolong the recent consolidation phase. Assuming Senate approval, the Bitcoin-friendly Warsh is poised to replace Jerome Powell when his term concludes in May. However, his appointment ...
The cryptocurrency market took a heavy hit on Jan. 31, with Bitcoin (BTC) tumbling below $80,000. At press time, King Crypto fell by 7% in 24 hours to trade at $77,934.46. This is the lowest it has dropped to since April 2025, when a selloff happened right after U.S. President Donald Trump’s “Liberation Day” tariffs. The wider market mirrored Bitcoin’s ...
From cnbc.com | Feb 1, 2026
Chinese-language money laundering networks funneled an estimated $16.1 billion in illicit funds through cryptocurrency transactions in 2025, according to a report released Tuesday by blockchain data analysis firm Chainalysis. These networks, known as CMLNs, accounted for roughly one-fifth of the illicit cryptocurrency ecosystem in 2025, which Chainalysis ...
