Cannes promoting crypto payment

Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable income by modernizing the city's commercial payment ecosystem.

I doubt how many crypto millionairs would come, but one thing is for sure, that there will be crypto events like Consensus or Money20/20 seeing to host a week in Cannes.

Deribit seeking to expand in US

According to https://www.ft.com/content/dc5f80ae-513b-48a3-ae88-a53fbbdce883

Deribit, the world's largest cryptocurrency options exchange, is looking to enterthe US market, joining a host of European and Asian cryptocurrencycompanies that are trying to exploit President Donald Trump's pledge to makethe country the global centre for digital assets.

“Offering derivatives in the U.S. remains complex, but we are monitoring developments and evaluating strategic options accordingly.” said Deribit CEO Luuk Strijers.Meanwhile, there's also rumor that Coinbase is in talk with Deribit on potential M&A.

Kraken launches crypto trading infra ‘Embed’

Kraken has launched Kraken Embed, a Crypto-as-a-Service product that allows neobanks, fintechs, and traditional financial institutions to offer cryptocurrency trading to their clients. The integration provides direct access to Kraken’s liquidity and infrastructure, removing the need for in-house technical development.

The new service simplifies infrastructure requirements and enables institutions to provide regulated crypto trading within weeks. Kraken said Embed allows partners to avoid the operational burden of running their own exchange, while benefiting from Kraken’s experience and market depth.

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