Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida.Republican Jimmy Patronis won the vacant seat in Florida's 1st Congressional District to replace Matt Gaetz, taking 57% of the vote to defeat Democrat Gay Valimont, according to AP News data. Randy Fine also took Florida's 6th Congressional District with 56.7% of the vote to beat his Democratic rival, public school teacher Josh Weil, and fill a seat left vacant by Mike Waltz, who took a job as White House national security adviser.

In 2025, declaring your cryptocurrencies has never been so strategic. With the entry into force of the European MiCA regulation and the tightening of tax controls, holders of Bitcoin, Ethereum, or other digital assets must be extra vigilant.

Kristin Smith will step down as CEO of the Blockchain Association in May to take over as President of the Solana Policy Institute. The post Longtime Blockchain Association CEO Kristin Smith Steps Down to Join Solana-Backed Policy Group appeared first on Cryptonews.

Several British trade associations have asked Prime Minister Keir Starmer's office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.In a March 31 letter, the coalition of six UK digital economy trade bodies urged Starmer's special adviser on business and investment, Varun Chandra, for a “greater strategic focus and alignment to deliver investment, growth and jobs” for the crypto industry. The group, which consisted of the UK Cryptoasset Business Council, Global Digital Finance, The Payments Association, Digital Currencies Governance Group, the Crypto Council for Innovation and techUK, noted the US policy shift on crypto under President Donald Trump and his appointment of a crypto czar.

The convenience store giant 7-Eleven has announced that all of its South Korean branches will begin accepting the nation's CBDC as payment starting in June. The post South Korean 7-Eleven Branches to Accept CBDC Payments from June appeared first on Cryptonews.

Fraudulent tech workers with ties to North Korea are expanding their infiltration operations to blockchain firms outside the US after increased scrutiny from authorities, with some having worked their way into UK crypto projects, Google says.Google Threat Intelligence Group (GTIG) adviser Jamie Collier said in an April 2 report that while the US is still a key target, increased awareness and right-to-work verification challenges have forced North Korean IT workers to find roles at non-US companies. “In response to heightened awareness of the threat within the United States, they've established a global ecosystem of fraudulent personas to enhance operational agility,” Collier said.

The SEC has recently been dropping its lawsuit against crypto companies, including Coinbase, OpenSea and Immutable.

Kentucky's finance watchdog has dismissed its lawsuit against Coinbase over the exchange's staking rewards program, following its peers in Vermont and South Carolina.Kentucky's Department of Financial Institutions filed the stipulation to dismiss jointly with Coinbase on April 1, ending the state's legal action against the exchange first filed along with 10 other state regulators in June 2023. Coinbase chief legal officer Paul Grewal posted to X on April 1, calling for Congress “to end this litigation-driven, state-by-state approach with a federal market structure law.

Once a hotbed of digital speculation, the NFT space continues to unravel as major platforms back away, including Bybit.

Market watchers are expecting massive chain reactions.

Gemini Trust and the SEC have requested a 60-day pause in their legal case over the Gemini Earn program to explore a potential resolution.

The request to stay Gemini v. SEC forms part of a broader regulatory pullback under Trump, following instances with Coinbase and Ripple.

Backpack Exchange launched a claims process on April 1, 2025, to help former FTX EU clients recover their funds.

Cardano (ADA) founder Charles Hoskinson believes memecoins are like celebrities who witness short-lived fame before flaming out.

Brian Armstrong of Coinbase pushes for stablecoin legislation enabling holders to earn onchain interest, likening it to savings accounts. His proposal coincides with ongoing congressional discussions and new stablecoin ventures tied to political figures. The post Coinbase CEO Brian Armstrong Advocates For Onchain Interest-Based Stablecoin Legislation appeared first on Cryptonews.

Grayscale filed an S-3 Form with the US Securities and Exchange Commission (SEC) on April 1 to register its multi-asset Grayscale Digital Large Cap Fund (GDLC) as an exchange-traded fund (ETF).

During a briefing on April 1, Representative French Hill addressed the ongoing discussions surrounding the regulation of stablecoins. One key aspect that has garnered attention is the proposal to allow consumers to earn interest on their stablecoin holdings.

The U.S. Treasury will disclose its cryptocurrency holdings, including Bitcoin, on April 5, following Trump's executive order, potentially reshaping market dynamics and signaling a new era of federal crypto transparency. The post US Treasury and Federal Agencies to Disclose Crypto Holdings appeared first on Cryptonews.

The House Committee on Financial Services has confirmed that the markup session for the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act will take place on April 2. The session will review the Amendment in the Nature of a Substitute (ANS), a revised version of the bill introduced on March 26.

Andre Rebelo, known in Australia's crypto scene and former partner of influencer Grace Piscopo, has been sentenced to 25 years for the 2020 murder of his mother, a crime prosecutors say was fueled by mounting debt and fraudulent insurance claims. The post Australian Crypto Investor Andre Rebelo Sentenced to 25 Years for Murdering His Mother appeared first on Cryptonews.

An exchange run by billionaire twins Tyler and Cameron Winklevoss may soon resolve a U.S. Securities and Exchange Commission lawsuit claiming they failed to register a cryptocurrency asset lending program before offering it to retail investors.

Cryptocurrency exchange Bybit announced Tuesday it will close its non-fungible token (NFT) marketplace on April 8 as the company refocuses on its core trading services. The decision comes after a February security breach that cost the company $1.46 billion in stolen digital assets, which is believed to be the biggest known heist of all time.

Bybit announced plans to shut down its NFT Marketplace, Inscription Marketplace, and Initial DEX Offering (IDO) product pages to “streamline offerings and enhance user experience.” The exchange is the latest platform to exit a digital collectibles market that has seen demand, trading volume, and user activity sharply decline over the past two years.

Binance has surpassed major exchanges like Crypto.com, Coinbase, and OKX, with $1.9 trillion in spot trading volume in 2025.

Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe. According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account.

Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state.In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the number one place for Bitcoin mining.” Bitcoin (BTC) miner MARA Holdings endorsed the proposed legislation on X, claiming it would reduce emissions and “unlock stranded energy.

Hackers stole $1.63 billion in cryptocurrency in the first quarter of 2025, a 131% increase from Q1 2024's $706 million, according to blockchain security firms PeckShield and Immunefi.

American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired a majority stake in American Bitcoin (formerly American Data Centers), whose founders include Donald Trump Jr. and Eric Trump.

BlackRock, Inc., the American multinational investment company, is in the spotlight. Reports indicate that the firm with $12 trillion in assets under management is now a registered crypto asset firm with the UK Financial Conduct Authority (FCA).

“They came after us viciously. It wasn't until that time that I realized how important crypto was," Eric Trump said in an interview with Fox Business.

Nansen Research has highlighted the macroeconomic factors and cues this week that the firm says could confirm the probability of a crypto bottom between April and June.

Investors are saying goodbye to a lackluster March for asset prices as April began with a bang for crypto prices. On April Fools' Day, investors are in the green but before prices drop, here are five crypto to sell.

Bella accused BoGX's founder of manipulating Web3 investments, abandoning the project, and leaving the team without payments or support.

Representative French Hill, who Chairs the House Committee on Financial Services, rejected requests to approve interest-bearing stablecoins. Coinbase CEO Brian Armstrong made a public appeal in support of this yesterday.

Australian regulators are cracking down on the country's more than one thousand crypto ATMs amid concerns over scams and fraud. In a new announcement, the Australian Transaction Reports and Analysis Centre (AUSTRAC) is putting crypto ATM providers on notice, saying that some firms may be in violation of anti-money laundering and counter-terrorism (AML/CTF) provisions.

You've heard again and again about the crypto industry “maturing.” More M&A deals are likely to be an ongoing byproduct.

Bybit Web3 will discontinue its weakest decentralized marketplaces, including its NFT and Inscriptions market, and its IDO platform.

Popular Solana memecoin launchpad PumpFun has introduced its latest product PumpFi. As detailed, the firm developed the project as a financing solution aimed at improving access to digital assets.

The crypto economy climbed Tuesday, mirroring gains in equities, as markets moved in anticipation of President Donald Trump's tariff blueprint, an event many have dubbed “Liberation Day.” Wall Street and Crypto Align Ahead of April 2 Trade Shake-Up Each time Trump introduced a new tariff idea during his tenure as the 47th U.S.

European financial regulators are warning that rising crypto-asset valuations, driven by expectations of US deregulation under President Donald Trump, could pose a growing threat to global financial stability.

Financial authorities in Russia are drafting rules to govern the tokenization of various types of property and goods. Officials in Moscow have admitted they are acting in response to market demand and in the hope of attracting much-needed private investments.

Senator Gillibrand cautioned that stablecoin-earning interest could make banks irrelevant.

Nearly one-third of the South Korean population has reportedly invested in Bitcoin (BTC) and other digital assets. The Seoul-based news agency Yonhap, citing data released by the South Korean government, reports that as of late February of this year, 16.

European regulators have identified crypto assets as a significant trend reshaping financial markets, according to a new report from the European Securities and Markets Authority (ESMA). The report emphasizes digital assets' growing influence on traditional financial systems while highlighting the need for robust regulations to protect market stability and consumers.

Mastercard is building a blockchain-enabled payment network, working with major banks to test tokenized assets and cross-border use cases. The effort reflects a measured shift as traditional finance experiments with digital infrastructure without abandoning regulatory or institutional safeguards. The post Mastercard Targets Venmo-Style Network for Blockchain Transactions appeared first on Cryptonews.

Hut 8 CEO Asher Genoot discussed in a Bloomberg interview the logic behind the newly launched American Bitcoin venture.

The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning of the year with an infusion of $31.590 billion.

Paradigm security researcher Samczsun is raising concerns that North Korea's cyber operations extend far beyond the notorious Lazarus Group.