Coinbase CEO Brian Armstrong calls for stablecoin legislation enabling interest payments to users. He argues that onchain interest could counteract inflation and boost purchasing power.

He believes that once the stablecoin and market structure bills pass, the floodgates will open for major tech companies to embrace crypto. With these companies combined, that's a whopping 3 billion people who could potentially tap into the world of cryptocurrency.

Backpack, a crypto exchange founded by former FTX executives, has initiated the fund claim process for FTX's EU customers as part of the ongoing global efforts to distribute FTX bankruptcy recovery funds.

The amendment by Democrat assembly member Avelino Valencia adds several clauses protecting cryptocurrency use in California.

Coinbase CEO Brian Armstrong is advocating for changes to US stablecoin legislation that would allow holders to earn interest directly from their digital assets, arguing this would benefit consumers and strengthen the US economy.

AUSTRAC, Australia's financial services watchdog, has raised concerns that some crypto ATM providers may lack adequate anti-money laundering and counter-terrorism measures. Task Force Identifies Worrying Trends The Australian financial services industry watchdog, AUSTRAC, has claimed that some crypto ATM providers “may not have the right anti-money laundering and counter-terrorism (AML/CTF) checks in place.

Taiwan's top financial regulator and a lawmaker have each drafted separate versions of a special crypto act.

Hackers stole more than $1.63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield.PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1.53 billion, largely due to the Bybit attack. That incident was one of the largest crypto thefts to date.

Japan's financial regulator is planning to change the country's laws to classify cryptocurrencies as financial products as early as 2026 as part of new regulations aimed at curbing insider trading in the digital asset market.

The proposed legislation is set to shake up the retirement investment landscape. It would give people the chance to diversify their portfolios by including crypto like Bitcoin and Ethereum.

According to his LinkedIn account, OKX's chief legal officer Mauricio Beugelmans has parted ways with the cryptocurrency exchange. While with the company, Beugelmans played a significant role in shaping OKX's global compliance policy.

Kentucky joins Vermont and South Carolina in dismissing lawsuits against Coinbase over crypto staking services, following new pro-crypto legislation and shifting regulatory attitudes.

Coinbase CEO Brian Armstrong urged US lawmakers to update regulations, allowing stablecoin issuers to pay interest to holders, similar to traditional savings accounts.

Layer-1 (L1) blockchain platform Initia unveiled plans to distribute 50 million INIT tokens as part of its upcoming crypto airdrop. This allocation represents approximately 5% of its total supply.

WEEX crypto exchange, which has over 6 million customers, has set up its headquarters in the UAE.

AUSTRAC highlighted “worrying trends” of suspicious activities and transactions using crypto ATMs. The post Aussie Watchdog Places Crypto ATM Providers ‘On Notice,' Warns Over Missing AML Checks appeared first on Cryptonews.

Among the latest news from the USA, there is the statement from Senator Tommy Tuberville who will introduce a law to allow Americans to invest their pension funds in crypto. In an interview, the senator stated that he supports President Trump, who is in favor of the sector. The United States senator, Tommy Turberville, will introduce a law to allow Americans to invest their pension funds in crypto.

California, a pioneering state in numerous revolutions including in the field of technology and finance, is preparing to take a further step forward in the world of crypto. A bill proposed by Avelino Valencia, a democratic representative and president of the Finance and Banking Committee of the Assembly, could allow nearly 40 million California residents to exercise new digital rights in the financial sector.

On February 21, 2025, the Bybit exchange became the victim of the largest cryptocurrency heist in history, with approximately USD 1.

Opinion by: Tomer Warschauer Nuni, chief marketing officer of Kima Network No one should be surprised that the crypto space is actively discussing the new wave of enthusiasm around AI and its limitless uses. According to proponents, AI represents the most promising approach to enhancing blockchain technologies and decentralized applications, driving greater autonomy and efficiency across the ecosystem.

Vanuatu has officially enacted its crypto regulation and licensing framework, joining a growing list of nations implementing regulatory oversight for virtual asset service providers.

The leading crypto exchange, OKX, has revealed the appointment of Linda Lacewell, ex-NYDFS head, as its new Chief Legal Officer. Lacewell, who has been an OKX board member since 2024, will now take the helm of the company's global regulatory and compliance efforts.

Ghana is introducing a blockchain-based gold tracking system to restructure its gold sector and combat illegal exports, says Sammy Gyamfi, acting Managing Director of the Precious Minerals Marketing Company (PMMC).

the crypto community is accompanied by airdrops and staking events on several major platforms.

Bitcoin and most crypto tokens crashed in March as concerns about the Federal Reserve and Donald Trump's tariffs continued. After rising to a record high of $109,300 in March, the BTC price plunged by over 20% to $82,000.

T-Mobile has been ordered to pay $33 million in damages due to security lapses that allowed SIM swap attacks, which ultimately resulted in cryptocurrency theft.

On April 1, Binance co-founder Changpeng Zhao (CZ) shared an amusing hypothetical on social media platform X (Twitter).

Kentucky has dropped its lawsuit against Coinbase over staking services, becoming the third U.S. state to roll back legal action against the exchange in recent months.

The crypto market witnessed over 60 crypto hacks in Q1 resulted in $1.63 billion in losses, more than doubling from $706 million a year earlier. Crypto hacks in the first quarter of 2025 resulted in more than $1.

REZ crypto surged by as much as 38% today, ahead of its upcoming listing on South Korea's Bithumb exchange. According to crypto.news data, Renzo (REZ) hit an intraday high of $0.

The crypto market today has been under heat, as investor sentiment trembles ahead of President Donald Trump's tariff announcement scheduled for tomorrow, i.e., April 2nd. Market players fear a trade war that could directly impact risk assets, including cryptos. Talking about which, the U.S.

Elon Musk's SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth's poles, in a mission bankrolled and led by a wealthy crypto investor.Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin (BTC) mining pool F2Pool, paid for and is leading SpaceX's “Fram2” mission, which is named after a 19th-century Norwegian Arctic exploration ship. Wang and three others blasted off from Cape Canaveral, Florida, at 1:46 am UTC on April 1, on a three- to five-day orbit that will be the first human space mission to fly over the North and South poles.

Japan is making big moves to regulate crypto, and it could change the game for investors and exchanges. The Financial Services Agency (FSA) is working on a plan to classify cryptocurrencies as financial products under the country's Financial Instruments and Exchange Act. If this happens, crypto would fall under insider trading laws, just like stocks.

Alabama Senator Tommy Tuberville announced to introduce a legislation to include crypto in retirement funds. The post Alabama Senator Proposes Bill Allowing Americans to Invest Retirement Funds in Crypto appeared first on Cryptonews.

Brian Quintenz, the incoming Chair of the US CFTC (Commodity Futures Trading Commission), has begun meeting with Capitol Hill lawmakers before his nomination hearing.

Crypto exchange OKX has named ex-NYDFS Superintendent Linda Lacewell as its new CLO, overseeing global regulatory strategy. The exchange also confirmed the exit of Mauricio Beugelmans. The post Crypto Exchange OKX Appoints Former NYDFS Head as Chief Legal Officer appeared first on Cryptonews.

Binance founder CZ has hiked the fee for messaging him on ReachMe, a paid chat platform he recently adopted, after being flooded with messages. On Mar.

Alec Goh is Head of HTX Ventures, the global investment arm of cryptocurrency exchange HTX. In this Op-Ed, Alec argues that the convergence of AI Agents and Web3 holds transformative potential, but requires the industry to avoid common crypto pitfalls.

Losses to crypto scams, exploits, and hacks dropped to just $28.8 million in March, far from February's spike to $1.5 billion in losses after the Bybit hack.Code vulnerabilities accounted for the most losses, at over $14 million, while wallet compromises were used to steal over $8 million, blockchain security firm CertiK said in an April 1 post to X. The most significant loss for the month was the $13 million March 25 smart contract exploit of the decentralized lending protocol Abracadabra.money.

Altcoins experienced $33 million inflows after five weeks of outflows.

The survey, commissioned by Coinbase and Hashdex, found that while savings accounts were Brazil's most used investment instrument, cryptocurrency was more popular than other options, including stocks and gold, among Brazilians.

Vanuatu has passed laws to regulate digital assets and provide a licensing regime for crypto companies wanting to operate in the Pacific island nation, which a government regulatory consultant has called “very stringent.” The local parliament passed the Virtual Asset Service Providers Act on March 26, giving crypto licensing authority to the Vanuatu Financial Services Commission (VFSC) along with powers to enforce the Financial Action Task Force's Anti-Money Laundering, Counter-Terrorism Financing and Travel Rule standards with crypto firms.

North Korean hacker groups have aggressively attacked the cryptocurrency industry.

Bitcoin and other major cryptocurrencies added small gains in price late night Monday as investors await Trump's tariff annnouncement.

Three South Koreans were jailed for a 610 million won ($460,000) crypto scam, with the leader sentenced to 4.5 years. They promised 30% monthly returns from 1,000 cryptocurrencies but stole the money instead.

Paradigm researcher has Samczsun mapped North Korea's sophisticated cyber operations, highlighting multiple threat groups and attack vectors.

Pending legislation should allow crypto firms to offer "onchain interest" to stablecoin holders without government favoritism, Armstrong said.

Fraudsters are targeting South Korean crypto traders with sophisticated scams that help criminals launder money, police claim. The post South Korean Crypto Traders ‘Duped into Joining Money Laundering Scams' appeared first on Cryptonews.