Bitcoin Depot kiosk suspended amid Connecticut regulatory action and declining revenue.
Bitcoin News

Bitcoin Depot Suspended in Connecticut as 2026 Revenue Outlook Plummets

HARTFORD, Conn. — Connecticut banking regulators have suspended Bitcoin Depot’s operations, delivering a significant blow to the cryptocurrency ATM provider as it warns of a sharply weaker 2026 revenue outlook amid mounting legal challenges across multiple states. The action, taken on March 9, 2026, by the state’s Consumer Credit Division, cites alleged violations of money […]

Connecticut tribes challenge Kalshi prediction market over gaming law violations and revenue impact
Bitcoin News

Kalshi Prediction Market Sparks Explosive Legal Battle as Connecticut Tribes Allege Gaming Law Violations

In a landmark legal confrontation shaking the financial and gaming sectors, Native American tribes in Connecticut have launched a decisive challenge against the rapidly growing Kalshi prediction market platform. Filed in Hartford, Connecticut, in early 2025, their court brief supports a state regulatory crackdown, alleging Kalshi’s operations illegally siphon revenue from tribal casinos and violate […]