US President Donald Trump’s new reciprocal tariffs on 180 countries have reignited global trade tensions, which has led to fresh interest in Bitcoin (BTC) as a strategic financial asset, according to VanEck’s head of digital assets, Matthew Sigel. Following the April 2 announcement, Bitcoin dipped to the $81,000 range amid broader risk-off sentiment. However, the…
Key Takeaways: In a striking shift, 60% of Polymarket bettors now predict a 2025 recession—a nine-point jump in just 24 hours—immediately following Trump’s dramatic unveiling of sweeping global tariffs. While the Dow cratered nearly 3,700 points in two days amid tariff panic, Bitcoin bucked the trend, climbing to over $84K—a potential signal of investor flight…
Stablecoins backed by cash or cash-equivalent reserves and redeemable for US dollars on a one-to-one basis are not securities under federal law, the Securities and Exchange Commission (SEC) said on April 4, offering one of its clearest positions yet on the regulatory treatment of crypto. In a public statement, the SEC’s Division of Corporation Finance…
Binance founder Changpeng ‘CZ’ Zhao has signed a memorandum of understanding (MoU) with the Kyrgyz Republic’s National Investment Agency (NIA). The main objective behind the latest strategic partnership is to develop the country’s cryptocurrency and blockchain ecosystem. The agreement, which was announced on April 3 by Kyrgyz President Sadyr Zhaparov, outlines plans for collaboration in…
This week saw heightened activity in crypto regulation news as political tensions escalated and lawmakers renewed their focus on digital asset policy. Regulatory developments moved quickly across the digital asset space, with several key actions and proposals reshaping the conversation. Lawmakers Demand SEC Probe Potential Trump Influence in Crypto Enforcement One of this week’s most…
Key Takeaways: CLS Global was penalized for manipulating token trading volumes on decentralized platforms. The FBI now uses fake tokens to catch criminals in crypto markets. Cross-border enforcement cooperation undermines decentralization as a shield against regulators. A U.S. federal court in Boston fined United Arab Emirates (UAE)-based CLS Global $428,000 after the crypto market-making firm…
PayPal announced plans to allow US users to buy, sell, and transfer Solana (SOL) and Chainlink (LINK) through its core platform and Venmo, marking the latest expansion in the payments giant’s crypto offerings. The rollout, set to take place in the coming weeks, will increase PayPal’s supported digital assets to seven and respond to growing…
Web3 banking platform Vaulta (prev. EOS Network) has announced a strategic partnership with Canadian crypto exchange and managing platform VirgoCX Global Holdings to launch the dedicated cross-border remittance network VirgoPay. The new network will use stablecoins to lower transfer fees and transfer times for international wire transfers and payments. Users will be able to add…
AI-powered education group Genius Group has revealed that it is being compelled to sell off its Bitcoin reserves following a restriction imposed by the US District Court (Southern District of New York), which prevents the company from raising money, issuing stock, or investing investor funds in BTC. Its chief exec now claims that court orders…
The U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator’s staff declared in the latest statement outlining the corners of the crypto sector for which it doesn’t have a legal interest. Since the agency was taken over by President Donald Trump-appointed leadership and formed a Crypto Task Force…