Indian Web3 startups saw significant growth in investment activity in 2024, raising $564 million, a substantial increase from the previous year. India now boasts the fastest-growing developer community and is projected to surpass the U.S. by 2028.

OKX received a MiFID II license by acquiring a fully registered firm in Malta. The exchange aims to expand its services and treat the Euro Area as its next growth market.

South Korea's financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government's efforts to speed up its regulatory shift toward the digital asset industry.

House Majority Whip Tom Emmer voices strong opposition to CBDCs, calling them a threat to financial privacy and freedom. Lawmakers continue to debate stablecoin regulations while considering anti-CBDC measures to limit federal control over digital assets. The post Rep. Tom Emmer Asserts CBDC Technology Is “Inherently Un-American” appeared first on Cryptonews.

The world's largest crypto exchange platform by volume is receiving $2 billion worth of investments from a state-owned Emirate investment firm focused on technology and artificial intelligence (AI).

U.S. House votes to overturn IRS DeFi rule, sending it to Trump for final approval.

OKX has denied a report that it's being investigated by European regulators for failing to block Bybit hackers. OKX Says It Took Steps to Block Bybit Hackers OKX, the Seychelles-based cryptocurrency exchange, has refuted reports suggesting that it is being investigated by European regulators for failing to block Bybit hackers.

Cryptocurrency exchange OKX has acquired a key European Union license that will enable the company to offer derivatives products throughout the region, potentially opening the door to a more advanced segment of the trading community. In a March 12 announcement, OKX's Europe CEO, Erald Ghoos, confirmed that the exchange acquired a Markets in Financial Instruments Directive (MiFID II) license.

Stablecoins are still growing, now making up 1% of the US M2 broad money supply. Stablecoins stay in the sidelines on derivative exchanges, ready to rebuild leveraged positions.

Aleksej Besciokov, co-founder of the Garantex crypto exchange that was allegedly used by criminals, has been arrested in India.

Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.

Singapore's MAS and Vietnam's SSC signed a Letter of Intent to strengthen collaboration on capital markets regulation and digital asset oversight. The agreement focuses on information sharing, anti-money laundering measures, and regulatory development to enhance financial stability and cross-border market connectivity. The post Singapore and Vietnam Agree on Digital Asset Regulatory Cooperation appeared first on Cryptonews.

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Some X users tracking the series of transactions suspect the "bad swaps" could be part of a scheme to launder money

The mania in Washington around financial services regulation has settled a bit. In fact, the focus has now turned toward a decidedly traditional function in the nation's capital, and that's legislating.

Russia's experimental crypto investment regime announcement is a major shift and boost for the cryptocurrency market. While still in its first step, the direction remains towards digital assets, but how will this impact the future of cryptos?

Financial markets are frozen in anticipation of the second inflation report of 2025. Today, the U.S. will release the Consumer Price Index (CPI) data for February, and this report could set the tone for the entire market for the coming months.

Besciokov purportedly served as principal technical administrator of the sanctioned crypto exchange Garantex from 2019 to 2025.

The Bank of Russia has proposed a three-year experimental legal framework that would allow a limited group of investors to trade cryptocurrencies, marking a potential shift in the country's digital asset regulations. The central bank announced on March 12 that it had submitted proposals to the Russian government for discussion.

The country's central bank said that it would also allow "qualified" firms to participate in the initiative.

Crypto markets have recently faced a sharp downturn, dropping to their lowest levels in three months and reversing most of the gains seen after Donald Trump's U.S. presidential victory. The pullback has been fueled by both macroeconomic uncertainty and crypto-specific factors, deepening investor concerns about the market's trajectory.

OKX says it's set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license.

A pro-crypto Congressman says central bank digital currencies (CBDCs) are a tool to upend the American way of life as he pushes for legislation to prevent their existence.

Stablecoin niche shows excellent dynamics against the background of the general market decline - their total capitalization flew to a new historical maximum, reaching $234.8 billion.

The latest U.S. Consumer Price Index (CPI) data for February has been released, showing a 0.2% increase in inflation. The headline inflation now stands at 2.8%, sparking significant movements in the cryptocurrency market.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Inflation cooled more than expected in February, offering hope that the Federal Reserve may be closer to cutting interest rates. However, the crypto market remained largely unresponsive despite the positive economic signal.

Brazilian online-only bank Stark Bank reportedly aims to serve the country's cryptocurrency startups. The company sees an opportunity to position itself as a banking provider for these startups at a time when the crypto sector is still shunned by traditional lenders but is becoming more attractive due to U.S.

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Binance has secured a $2 billion investment from Abu Dhabi-based MGX, a move that highlights the increasing institutional interest in blockchain and AI-driven financial models. The investment strengthens Binance's market position while integrating AI and blockchain technologies into the evolving digital finance landscape. The post Binance Secures Landmark $2B Investment From Abu Dhabi-Based MGX appeared first on Cryptonews.

Imprisoned FTX founder Sam Bankman-Fried is reportedly hoping to secure a pardon from President Donald Trump.

The Central Bank of Russia announced on March 12 that it was considering allowing a limited number of investors to buy and sell cryptocurrencies. The bank revealed that the suggestion followed President Vladimir Putin's directive to submit proposals to the government for discussions concerning digital asset regulations in the country.

Binance has secured a $2 billion investment from Abu Dhabi tech investor MGX. The cryptocurrency platform says the deal, announced Wednesday (March 12), is noteworthy for two reasons: it's the first institutional investment in Binance and the largest crypto-related deal ever conducted using stablecoins.

The Cayman Islands is set to implement new regulations requiring virtual asset service providers (VASPs) offering custody and trading services to obtain official licensing from the Cayman Islands Monetary Authority (CIMA).

The Trump administration has demonstrated a friendlier stance towards digital assets but could the President's involvement in crypto projects be considered conflicts of interest? CoinDesk Deputy Managing Editor of Tech and Protocols Sam Kessler weighs in.

Binance has received a $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in Binance's history.

One layer-1 altcoin is surging after a surprise listing by Binance, the world's largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain.

Binance, the world's largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX. The deal, announced on March 12, marks the largest investment ever received by a crypto company and the most significant transaction conducted entirely in stablecoins.

Crypto assets were under scrutiny in the U.S. Congress on March 11. The House of Representatives Financial Services Committee debated the merits of stablecoins and a central bank digital currency (CBDC) in a hearing titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S.

Prosecutors have accused Tom Goldstein of violating federal tax laws and failing to report cryptocurrency transactions.

Despite the recent volatility in crypto markets, the long-term potential of digital assets remains strong.

The Bank of Russia plans to introduce cryptocurrency trading within the country under an experimental legal regime (ELR).

Coinbase is set to make a comeback in India's cryptocurrency market, nearly two years after halting its operations in 2023.

Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don't meet certain quantitative and qualitative criteria.The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, adherence to regulatory compliance, community popularity and more.

TL;DR Binance receives a $2 billion investment from the firm MGX, marking the first institutional investment in the exchange and the largest in a crypto company. The investment was made in stablecoins, though the exact currency used was not specified, and will strengthen Binance's position as the world's largest crypto exchange.

American Congressman Tom Emmer recently reaffirmed his support for stablecoins and his fierce opposition to central bank digital currencies (CBDC), which he sees as a threat to citizens' financial freedom. During a recent address on March 11, 2025, Emmer once again presented his pro-stablecoin bill aimed at promoting these digital assets while curtailing the development of CBDCs in the United States.

Gemini crypto exchange is enhancing its services for institutional clients in Europe by introducing US dollar payment support.