GameStop has announced plans to raise up to $1.3 billion through convertible debt to further increase its Bitcoin holdings. Led by CEO Ryan Cohen, Gamestop is now raising funds through convertible debt to boost its BTC holdings. This comes just a day after the company revealed its Bitcoin (BTC) treasury strategy.

The following is a guest post from Susannah Evans, IBC Product Lead at Interchain Foundation. The future of the internet is shaping up to be promising, and there is no doubt that blockchain and Web3 technologies have been at the forefront of this innovation, promising decentralization, security, and financial sovereignty.

Congress is taking swift action to shape the future of stablecoins in the crypto world. The House of Representatives just released its version, following the Senate's recent approval of a similar bill.

Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users' financial habits.

Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power. Canaan Eyes U.S.

The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head to US President Donald Trump's desk.On March 26, the Senate voted 70-28 to pass a motion repealing the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to crypto. The Senate had voted to pass the resolution earlier in March, which also passed the House, but it was sent back to the Senate for a final vote before it could be sent to Trump.

Congressman Tom Emmer reintroduced the Securities Clarity Act on March 26 alongside Rep. Darren Soto, reviving a bipartisan effort to clarify the classification of digital assets under federal securities law.

Industry advocacy group DeFi Education Fund has brought together 35 crypto firms to address a letter to eight U.S. lawmakers asking them to “correct” the Justice Department's (DOJ's) interpretation of provisions of criminal law concerning the operation of an unlicensed money transmitting business.

Fidelity Investments is in the final stages of testing its own U.S. dollar-pegged stablecoin as part of its growing interest in blockchain-based financial products.

Regulators signal a seismic shift toward crypto clarity with four new SEC roundtables, fueling optimism as trading, custody, DeFi, and tokenization take center stage. Crypto Regulations Enter New Phase as SEC Unleashes 4 New Roundtables The U.S.

A seasoned crypto trader is warning that the current bounce in the altcoin market will likely be short-lived. Pseudonymous analyst The Flow Horse tells his 266,500 followers on the social media platform X that he thinks crypto is still bearish and the latest rally will probably lead to another leg down.

Rosenblatt analysts believe that Coinbase is successfully mitigating the impact of weaker trading volumes.

Wyoming is planning to launch its own stablecoin in July, with LayerZero as the issuance partner. The WYST stablecoin will use cash, Treasury bonds, and repurchasing agreements to maintain its peg to the US dollar.

The US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on March 26, substantially revising the February 5 draft.

Wyoming Governor Mark Gordon said the state's proposed stablecoin might be ready to launch by July, with the Wyoming Stable Token Commission announcing interoperability protocol LayerZero as a partner for the token launch.Speaking at the DC Blockchain Summit on March 26, Gordon praised the speed and efficiency of the Wyoming state government in embracing blockchain technology. Anthony Apollo, the executive director of the Wyoming Stable Token Commission, also confirmed: "The Stable Token Commission has formally engaged LayerZero as our token development and distribution partner, and we have stable tokens — Wyoming stable tokens — on several test networks.

Binance exec Tigran Gambaryan, once detained in Nigeria under controversial charges, was awarded the inaugural Hero Award by The Digital Chamber at the DC Blockchain Summit in recognition of his ordeal. The post Kidnapped Binance Exec Tigran Gambaryan Receives First Ever Hero Award At DC Blockchain Summit appeared first on Cryptonews.

As a dozen crypto companies have been freed from enforcement actions and ongoing investigations, Unicoin remains in enforcement limbo.

US Securities and Exchange Commission (SEC) member Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views. Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC's crypto task force, said she expected that the commission could create more “durability” for digital asset regulations through rulemaking at the agency and legislation in Congress.

The U.S. Securities and Exchange Commission (SEC) is announcing four more roundtable events in 2025 for its task force to discuss the digital assets industry. According to a new press release, the regulatory agency plans to add four roundtable discussions about crypto assets and how they are regulated to its calendar of events.

The House version of stablecoin legislation was released publicly as another bill on crypto clarity was reintroduced and the Senate weighed its crypto IRS effort.

Digital assets firm Grayscale has disclosed that blockchain applications generated $2.6 billion in revenue in the first quarter of 2025. The research, which provided insights into the crypto industry performance for Q1, noted that this increase happened despite the 18% decline in its Crypto Sectors price index.

Rep. Emmer has reintroduced a bill that could be a "precursor" for market structure legislation that lawmakers are hoping to get passed.

Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap still trails Raydium in market dominance, signaling an ongoing battle for supremacy in Solana's DEX ecosystem.

A group of U.S. lawmakers said legislators will meet in the coming days to advance efforts to enshrine crypto regulations into law.

Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice's interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability.

The State of Wyoming has officially begun testing its state-issued stablecoin, called the Wyoming Stable Token (WYST), across several blockchain networks. This is potentially the first fiat-backed and fully reserved stablecoin issued by a US public entity.

The state of Wyoming is planning to issue its own "stable token," and could be the first state to take such an action.

While Casey was in DC, I traveled to Las Vegas for the Exchange ETF conference. I didn't gamble, but rather spent time reflecting (through a crypto lens) on all that's changed since I last attended the event three years ago.

Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.

The SEC is organizing four additional crypto roundtables this spring, inviting public and industry input on digital asset regulation in Washington, D.C., as it reassesses its regulatory approach under the Trump administration. The post SEC to Host 4 Additional Crypto Roundtables as Regulatory Approach Shifts appeared first on Cryptonews.

The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit

It is time to break crypto trading in Kazakhstan out of the special economic zone, a member of the parliament has said. The overwhelming majority of operations with digital assets are not conducted in the Astana International Financial Center (AIFC), even though current law only allows that activity there.

Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC.Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New York praised her state for having some of the most robust financial regulations in the world, and said they should be adopted by all financial services sectors. According to Gillibrand, these regulations need to be applied to stablecoin issuers, whether they are regulated at the state or federal levels, to ensure compliance with existing laws and to protect consumer safety.

Wyoming's planned stablecoin—first proposed in 2022—will work across Ethereum, Solana, Avalanche, and multiple ETH scaling networks.

Kristin Smith, Blockchain Association CEO, says she expects more companies will add bitcoin to their books, as the administration takes a friendlier approach to digital assets. She joins Caroline Hyde on “Bloomberg Technology”.

Wyoming says it will launch its own cryptocurrency by July, becoming the first state in the U.S. to issue a fiat-backed, fully-reserved stablecoin. The coin, named WYST, will be backed by cash, U.S. Treasuries, and repurchase agreements, and is required by law to maintain at least 102% in reserves.

With the US stablecoin market worth around $235 billion, Fidelity is entering the space amid growing institutional interest and regulatory clarity.

According to a recent survey by Brown Brothers Harriman, 71% of ETF investors wish to invest more in crypto this year. This bullish signal comes as the crypto ETF market is beginning to recover from recent volatility.

Binance has banned another market maker and frozen its assets after identifying certain irregularities. The top global crypto exchange didn't identify the market maker but noted that it operated for the Ethereum (ETH)-based layer-2 project Movement (MOVE).

Hello from Washington! I'm not here to see the cherry blossoms, although they're providing a nice backdrop for the DC Blockchain Summit.

Wyoming, one of the fifty States in the United States, is working on plans to launch its stablecoin. With the plan to fully back the stablecoins with the US Dollar, Wyoming is positioning itself as the first in the country to issue such payment tokens.

Paul Atkins was picked by Donald Trump in December 2024 as the replacement for Gary Gensler as U.S. SEC chair. Due to bureaucracy-related delays, Atkins has yet to begin work.

Atkins' approach could stabilize the crypto market, fostering innovation and investment by reducing regulatory uncertainty and enhancing investor protection. The post Trump's SEC Chair pick Paul Atkins pledges ‘coherent and principled' approach to crypto regulation appeared first on Crypto Briefing.

A coalition of 34 crypto industry organizations has sent a joint letter to congressional leaders urging them to address the Department of Justice's (DOJ) “unprecedented and overly expansive” interpretation of the federal statute governing unlicensed money transmission.

Fidelity Investments is reportedly planning to launch its own stablecoin, marking its entry into tokenized U.S. Treasuries. Changing Environment Under Trump Administration Fidelity Investments, the Boston-based $5 trillion asset management firm, is reportedly planning to launch its own stablecoin. The stablecoin launch is seen as heralding Fidelity's entry into tokenized versions of U.S. Treasuries.

President Donald Trump's media company has plans to launch a series of digital asset exchange-traded funds (ETFs) in partnership with the exchange Crypto.com. Trump Media and Technology Group plans to roll out the ETFs through the firm's fintech brand, Truth.Fi, and Crypto.com's broker-dealer Foris Capital.

The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars.

Fidelity is reportedly in advanced testing phases of its own stablecoin as part of its digital asset expansion, the Financial Times reported on March 26. However, a company spokesperson told Reuters that the firm does not have plans to launch the stablecoin in the near term.