Senator Elizabeth Warren is worried a bipartisan stablecoin bill working its way through Congress doesn't do enough to address the systemic risks she thinks the dollar-pegged assets pose. Senator Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in February.
TL;DR Stablecoin Launch: Fidelity is preparing to launch a US dollar-pegged stablecoin backed by US Treasury bonds as part of its digital asset expansion. Regulatory & Competitive Edge: The initiative leverages a crypto-friendly regulatory climate to compete with established stablecoins like USDT and USDC while enhancing transaction transparency.
South Korea's Financial Intelligence Unit (FIU) has blocked access to 17 overseas crypto exchange apps on Google Play for operating without proper registration, according to a March 26 announcement. Major exchanges, such as KuCoin, MEXC, Phemex, XT, CoinEx, BitMart, and Poloniex, are among the affected platforms.
South Korea's Financial Intelligence Unit (FIU) has blocked access to 17 overseas crypto exchange apps on Google Play for operating without proper registration, according to a March 26 announcement. Major exchanges, such as KuCoin, MEXC, Phemex, XT, CoinEx, BitMart, and Poloniex, are among the affected platforms.
This innovative feat was achieved by issuing, transferring, and redeeming Avit™ stablecoins for a bank customer. It created a new U.S. dollar payment rail within the U.S. banking system.
DWF Labs' newest fund seeks to empower mid and large-cap projects with investments of up to $50 million to support a full ecosystem growth strategy, going beyond the proposals of other similar funds that are limited to just providing economic support.
AI-themed memecoins continue to dominate Smart Money portfolios, with top holdings in Fartcoin, Virtuals Protocol, and Aixbt—yet experts warn the hype may not last. According to Nansen's Smart Money dashboard, Smart Money's largest holding is currently Fartcoin (FARTCOIN), with $28.
Donald Trump, long before entering the White House, was a brand—a gilded persona cultivated through television appearances, extravagant properties, and a vast array of products bearing his name. Now, that brand has expanded into a media empire and cryptocurrency ventures, adding billions to Trump's estimated net worth and drawing renewed scrutiny.
The cryptocurrency industry has always faced challenges with regulations, and South Korea is making sure its rules are enforced. Governments worldwide are keeping a close watch on digital assets, and some are taking strong actions to control unregistered exchanges.
Fidelity is launching its own stablecoin, strengthening its role in digital assets as the U.S. moves toward stablecoin regulation. Tokenized Treasuries have surpassed $5 billion, and Fidelity's stablecoin could boost their role in modern finance.
Latin American digital banking giant Nubank, backed by Warren Buffett's Berkshire Hathaway, has expanded its cryptocurrency offerings by adding four new altcoins to its platform. The post Warren Buffett-Backed Nubank Expands Crypto Portfolio with Four New Altcoins appeared first on Cryptonews.
Grayscale Research has released its updated Top 20 list of digital assets, identifying key cryptocurrencies with strong potential for the coming quarter.
Beincom, a SocialFi platform, has recently announced its airdrop and listing details, influencing users' enthusiasm. It is based on a Layer2 blockchain called Arbitrum and empowers creators, communities, and businesses.
Instead of directly listing tokens on the Binance exchange as before, Binance has recently implemented a new method through Binance Wallet.
Crypto influencer Ben 'BitBoy' Armstrong was arrested in Florida as a fugitive from justice after allegedly sending threatening emails to a judge.
Google Play blocks 17 unregistered crypto apps in South Korea, targeting foreign exchanges like KuCoin and MEXC, as part of the FIU's efforts to enforce compliance with local regulations. The post Google Play Blocks 17 Unregistered Crypto Apps in South Korea appeared first on Cryptonews.
Binance CEO Richard Teng has addressed a common misconception in the crypto space wherein people assume that they might have missed the chance to enter the market.
US Senator Elizabeth Warren sent a letter to Securities and Exchange Commission (SEC) Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest. The inquiry precedes his upcoming Senate Banking Committee hearing.
Warren Buffett's aversion to Bitcoin (CRYPTO: BTC) and cryptocurrencies is well-known, and the legendary investor hasn't made any direct investments in the asset class thus far. What happened: Buffett gained infamy in cryptocurrency circles when he described Bitcoin as "probably rat poison squared" during Berkshire Hathaway's annual shareholder meeting in 2018.
Fidelity Investments is reportedly close to launching a U.S. dollar-pegged stablecoin, marking another significant step in its ongoing expansion into digital assets. The post Fidelity Nears Launch of Dollar-Pegged Stablecoin Amid Pro-Crypto Shift in U.S. Policy appeared first on Cryptonews.
Crypto exchange Coinbase is reportedly in advanced talks to acquire crypto derivatives exchange Deribit. Deribit is the world's largest exchange for trading Bitcoin (BTC) and Ether (ETH) options.
The two companies are testing solutions for more secure, efficient, and cost-effective digital value transfers. The first phase of integration and testing of Google Cloud's Universal Ledger (GCUL) and tokenization has been completed.
The US Securities and Exchange Commission (SEC) has unveiled plans to host four more crypto-focused roundtables in Washington, D.C., as part of its broader initiative to reshape digital asset regulation.
A Fidelity stablecoin could fill the role of cash in the blockchain-based version of its U.S. dollar money market fund
I've seen my fair share of ‘hype cycles' — from the dot-com boom to the initial coin offering (ICO) craze — so I understand why there's skepticism around tokenization. It's the latest buzzword, no doubt. But having watched past trends rise and fall firsthand, I can tell you this one's different.
Fidelity Investments is preparing to launch its own stablecoin, which will deepen the company's push into cryptocurrencies. The asset manager revealed that it was in the advanced stages of testing its token.
The SEC is hosting four cryptocurrency roundtables from April to June 2025 as part of its effort to create clearer regulations for the industry.
Cryptocurrency exchange MEXC has cracked down on over 1,500 accounts tied to a coordinated market manipulation scheme after internal investigations revealed suspicious activity in Vietnam and the Commonwealth of Independent States (CIS). Some of these accounts were trading over $20,000,000 daily, prompting concerns about systemic risks to crypto market infrastructure.
SEC Crypto Task Force scheduled four more roundtable discussions on crypto regulation. The discussions cover crypto topics ranging from trading and KYC to DeFi and tokenization.
Crypto influencer Ben Armstrong, known as BitBoy, was arrested in Florida over legal issues related to emails sent to a Georgia court judge.
Korean regulators have banned the Poloniex, KuCoin, and MEXC, as well as other 14 apps of crypto exhcanges from Google Play due to their unregistered operations in the country.
Lawmakers in North Carolina submitted two bills to the House and the Senate, seeking to allocate up to 5% of certain pension funds to crypto.
In the last year, it seems that a true “altcoin season” has not yet occurred, which is that market trend where cryptos perform better than Bitcoin (BTC). Some analysts therefore speak of an elusive altcoin season, given that the data indicates short-lived peaks. Here's what's happening in the crypto market. According to reports from Blockchain Center, it seems that in the last year there has been an elusive altcoin season with short-lived peaks.
Donald Trump's presence in the cryptocurrency sector has intensified, with his media company, Trump Media & Technology Group, taking a major step into digital assets.
Market sentiments surrounding artificial intelligence cryptocurrency are mixed, as many market participants remain uncertain about AI-backed currencies.
The Crypto Task Force is intensifying its focus on digital asset regulations, revealing plans to hold four more roundtable discussions.
Crypto startup Plasma has unveiled a stablecoin-focused blockchain designed for high-speed, low-cost global transfers. At the core is PlasmaBFT, a Fast HotStuff-inspired consensus protocol that ensures rapid finality and low latencytwo essential features for large-scale stablecoin usage.
Although the Wallet team had no direct connection to the project involved, the individual leveraged their previous position's insights to anticipate a Token Generation Event (TGE). Before the public announcement from Binance, they used multiple linked wallets to buy a large number of tokens.
Despite growing interest in crypto asset payments across emerging markets, concerns over security remain a primary obstacle to wider adoption, according to a new report.
Market makers play a vital role in the crypto ecosystem, providing liquidity, ensuring efficient trading, and preventing excessive price volatility. Exchanges like Binance even incentivize market makers through dedicated programs to keep bid-ask spreads tight and order books deep, which benefits traders and projects alike.
UK FCA head warns that too many young Britons under the age of 35, are investing in crypto. The post FCA Head Flags Youngsters Entering into Crypto Investments ‘Highly Risky' appeared first on Cryptonews.
eToro is a well-known online broker. In a few days, it added a new service for its UK and European clients.
Ben Armstrong, a crypto influencer known as "BitBoy", was arrested in Florida on March 25.
The fundamental promise of DeFi was to democratize finance, eliminating gatekeepers and making capital strategies accessible to everyone. Yet as the ecosystem has evolved, a paradox has emerged: increasing complexity has created cognitive barriers that limit participation to technical specialists, contradicting DeFi's foundational ethos.
MEXC has identified and suspended over 1,500 accounts involved in a coordinated market manipulation scheme spanning Vietnam and CIS countries.
MEXC said it has liquidated a large-scale group of market manipulators engaged in various malicious activities, including self-trading, spoofing, and front-running. Presence of Institutional Actors Draws Concern Cryptocurrency exchange MEXC recently announced that it liquidated a large-scale, coordinated group of market manipulators engaged in self-trading, spoofing, layering, front-running, and quote stuffing.
Tokenizing real-world assets isn't some theoretical blockchain experiment—it's happening right now. Banks, investment funds, and even governments are moving stocks, bonds, and real estate onto the blockchain because the old system is slow, expensive, and packed with middlemen who don't add much value.
Fidelity Investments is in the final stages of testing its own stablecoin as Washington moves toward new crypto oversight.