The world's biggest banks and FinTechs are scrambling to roll out their own stablecoins. It's a sort of “gold rush” driven by the anticipation that cryptocurrencies will transform the cross-border payments market, the Financial Times (FT) reported Monday (March 10).
European lawmakers are voicing fresh doubt about the European Central Bank's digital euro project after an outage in the ECB's existing payment system caused delays for thousands of households and traders.
Some industry watchers say political donations are necessary for the emergence of more regulatory clarity around cryptocurrencies.
The highly anticipated White House Crypto Summit flopped as retail investors, tired of Trump-related events, seemingly expected a market rally that didn't happen. The White House Crypto Summit and the U.S.
After a tumultuous period under stricter regulations during the Biden administration, Kraken believes the shift to a more crypto-friendly regulatory
HUD is considering using blockchain and possibly stablecoins to track and distribute grants, sparking internal debate about risks and benefits.
Coinbase plans to hire 1,000 new employees in the US following what CEO Brian Armstrong describes as a more favorable regulatory environment.
CZ urged Musk to disable API posting to curb bot activity on X. Bots spam the crypto space with scams, phishing links, and fake tokens.
Robinhood agrees to pay $29.75 million to settle FINRA probes over compliance failures while reporting record profits from crypto trading.
Pump.fun continues to lose revenues each day. After falling to around $667K daily, revenues declined further, to just over $100K.
Saylor presented a new proposal called: “A Digital Assets Strategy for the U.S. to Dominate the 21st Century Global Economy”. He said that with the right policies and leadership, America can unlock $60-100 trillion in economic benefits.
With cumulative outflows reaching $4.75 billion over the past four weeks, the year-to-date inflows have dropped to $2.6 billion, according to CoinShares.
The Cabinet of Japan has green lit a proposal to amend the Payment Services Act, which would ease regulations for stablecoins and crypto brokerages.
Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.
Cryptocurrency exchange giant Binance again captured noteworthy investor attention as it unveiled a key announcement on six cryptos this Monday. The crypto exchange revealed that the collateral ratio for CELO, IOTX, LRC, ALICE, AUDIO, & ICX tokens under the portfolio margin will be updated shortly ahead.
Yichao “Peak” Ji, co-founder of artificial intelligence (AI) startup Manus, has publicly denied any association between the project and crypto initiatives.
In a new move, the OCC published the interpretive Letter 1183. This letter reaffirms that national banks and federal savings associations can engage in crypto-asset custody.
Spanish bank BBVA has received regulatory approval to offer Bitcoin and Ethereum trading to clients as the EU's MiCA regulation takes full effect.
The Cryptocurrencies price has faced another downturn, impacting major top coins. Market conditions remain volatile, and traders are closely watching price movements.
The Cayman Islands has updated its cryptocurrency regulatory framework with the introduction of new licensing rules set to take effect on April 1, 2025.
The Office of the Comptroller of the Currency (OCC) is easing its stance on how US banks deal with crypto and stablecoin activities. In a new press release, the regulatory agency says that banks now have the green light to manage crypto assets, partake in certain stablecoin activities and participate in node verification networks.
Mike Novogratz sees recent U.S. regulatory changes as a pivotal moment for crypto, highlighting the OCC's move to integrate banks, the SEC's softened stance, and growing government support for stablecoins.
The rising tide of stablecoin adoption has prompted a significant response from traditional financial institutions. Global banks and fintechs are launching their own stablecoins, capitalizing on the increasing adoption and favorable regulatory environment.
A wave of sell-offs has gripped the crypto market, dragging prices lower as macroeconomic uncertainty spooked traders on March 10. The downturn followed comments from U.S.
Japan's 40Y Bond Yield has hit 2.85%, dangerously close to its historic 3% high. Japan's predicament could cause a trickle-down effect that can spike U.S. yields and eventually send the crypto market into a downward spiral.
It was announced by its president Gianni Infantino, even though it has not yet been launched on the markets.
Eric Trump recently shifted his stance to suggest a long-term holding strategy for crypto assets.
The HUD has held meetings to discuss the possibility of using crypto and blockchain in some of its operations, ProPublica reported.
Crypto exchange Kraken, legally known as Payward Inc., is preparing for an initial public offering (IPO) in early 2026. The company cites a more favorable regulatory environment under President Donald Trump, marking a significant shift from the constant regulatory hurdles the exchange suffered under the Biden administration.
Ever since its inception, the crypto market has been full of volatility, but the recent crash has again pointed out the unpredictability of digital assets. Under the current circumstances, $619M has been liquidated from the market in the last 24 hours.
Binance has taken decisive action against the market maker for GoPlus Security (GPS) and MyShell (SHELL). The trading platform banned them from further activities on the exchange and seized all profits from their operations.
William Banks, an artist and comedian from New York, pulled off one of the most chaotic crypto stunts in history—rugging $50,000 from a meme coin, donating it to Palestine, and breaking out of jail. His name has flooded X (formerly Twitter), with some calling him a scammer and others hailing him as Robin Hood.
Binance will select certain crypto projects that will be subject to community voting.
North Korea's Lazarus hackers have pulled off another major crypto laundering operation, successfully cashing out $300 million from their record-breaking $1.5 billion heist on crypto exchange ByBit, according to blockchain analytics company Elliptic.
Binance has intensified its oversight of market makers following the discovery of rule violations by one entity. The exchange announced on Mar. 9 that it had terminated the firm's market-making activities and confiscated its proceeds to compensate affected users.
The HUD is exploring the potential use of blockchain and stablecoins to improve certain operational functions. The post US Housing Department Considers Blockchain and Stablecoin Integration to Enhance Operations appeared first on Cryptonews.
Changpeng Zhao (CZ), former Binance CEO, has urged Elon Musk to ban bots from X, stating he prefers interacting only with real users. CZ specifically called for disabling API posting to curb bot activity.
Ethereum's recent Pectra test on the Sepolia fork encountered an issue that was made worse by an unknown user sending zero-token transfers.
The crypto market today is dominated by bears, as the sentiments tremble in view of the Non-Farm Payrolls (NFP) report cautioning about the FED being hawkish. And the worsening liquidations, which have crossed $600 Million. This has had a direct impact on the numbers of the crypto business, the market capitalisation has slipped by 4.
A crypto scam faked an endorsement from Justin Trudeau, with the phony then-prime minister advising viewers to use a sham platform to respond to Donald Trump's tariffs.
Robinhood has reached a $29.75 million settlement with the Financial Industry Regulatory Authority (FINRA) following multiple investigations into its compliance and oversight practices.
Binance founder CZ called to ban AI bots, emphasizing that he “only wants to interact with humans.” The post CZ Calls Elon Musk to Clampdown ‘Bots' on X that Plague Users With Scam Messages appeared first on Cryptonews.
Last week, Trump hosted crypto leaders at the White House and unveiled a Bitcoin-first strategy, vowing to “never sell.” Here's the latest.
The Center for Political Accountability is sounding the alarm on the secretive and unaccountable political contributions made by cryptocurrency firms, particularly Coinbase and Ripple Labs.
Binance has banned a market maker linked to GoPlus Security and MyShell after detecting trading irregularities. According to a Mar.
Robinhood agreed to pay $29.75 million in fines and restitution for failing to respond to several “red flags” stemming from its supervision and compliance practices.
Crypto coins remained under pressure during the weekend even after Donald Trump announced his plans for a Strategic Bitcoin Reserve (SBR) and held the first crypto summit in Washington. Bitcoin's price has crashed below $83,000, while the valuation of most coins has dropped to $2.7 trillion.