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.
Paul Atkins, President Donald Trump's pick to run the U.S. Securities and Exchange Commission, pledged on Wednesday that regulations under his leadership would benefit the crypto sector and prevent politics from "stifling" capital formation, according to prepared testimony made public by the Senate.
TL;DR The crypto market falls following Trump's imminent announcement on new auto tariffs, which could escalate international trade tensions. Bitcoin (BTC) and other cryptocurrencies are losing value, while Dogecoin (DOGE) shows a slight rebound. Investors are keeping an eye on the potential effects on digital asset prices.
The anime-inspired Ethereum NFT collection Azuki is releasing its Alpha Starter Decks this week. These decks consist of mystery loot, booster packs, and cards that will be playable in the brand's upcoming trading card game (TCG).
A bill that would cancel the IRS reporting rule for DeFi platforms is expected to reach President Trump by Friday for his signature, according to Crypto In America.
Global banks held $367 billion in crypto assets under custody in Q2 last year, data from the Basel Committee on Banking Supervision showed.
More than 30 crypto firms and foundations have asked Congress to have the US Department of Justice to clarify a key enforcement matter.
The Securities and Exchange Commission's Crypto Task Force will host four additional roundtables to address cryptocurrency regulation, starting April 11, the agency announced on Tuesday. What Happened: The series, set to run through June 6, will tackle trading rules, custody standards, asset tokenization, and decentralized finance (DeFi), building on efforts to clarify oversight in the fast-evolving sector.
Crypto and blockchain-focused venture capital is unfazed by recent market volatility and is using the opportunity to uncover hidden gems in an industry that's only “one decade into a 30-year paradigm shift,” according to Hoolie Tejwani, the head of VC firm Coinbase Ventures. Coinbase Ventures will “continue to invest steadily through market conditions” because it sees the “big picture,” Tejwani told Cointelegraph in an interview.
U.K.-based fintech platform Revolut has unveiled a mobile crypto exchange app for users across the United Kingdom and the broader European Economic Area. Revolut said in an announcement that the new app, Revolut X, will allow U.K.
Paul Atkins, nominated by President Donald Trump for the role of SEC Chairman, has been a subject of interest for the crypto community.
Fidelity is planning a stablecoin launch, FT reports, as more companies flock to the digital-dollar business