American Bitcoin goes public and is Polly Market making its way back to the U.S.

You're watching Coin Desk Daily. I'm your host, Jen Sanassi.

American Bitcoin opened for trade Wednesday morning on the NASDAQ after completing its merger with Griffin Digital Mining.

Backed by Donald Trump Jr. and Eric Trump, the newly public firm filed for an at-the-market

equity raise of up to $2.1 billion to continue building its Bitcoin stack. The company

shares skyrocketed 60% to $11 versus the $6.90 price at the time of the merger Tuesday evening.

Since its founding, American Bitcoin has accumulated $2,443 Bitcoin as part of its corporate

treasury play. As of market open, ABTC is trading at $7.32.

Is Polly Market coming back to the United States? Well, the CFTC has freed up the prediction market's QCX acquisition from certain disclosure

and data requirements.

The firm was acquired by Polly Market in hopes of its official return to the U.S., which

it was forced to abandon in 2022 under direction from the regulator.

The CFTC has been opening its policy doors to prediction markets,

abandoning what had been a protected legal battle over the sector's U.S. legality.

Thank you. And a European Central Bank board members said a digital euro would be required to ensure users can still make payments during major disruptions.

Piero Cipelone from the ECB said at the European Parliament that a Eurozone CBDC could provide business continuity in the event of a cyber attack on banks or other payment providers.

The ECB, like its counterparts in almost every other economy around the world, has been exploring the possibilities of a digital version of its currency for a number of years.

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