Bitcoin (BTC) miners in the United States are preparing for business disruptions as the trade war between the US and China continues. On Thursday, April 9 the White House announced that the 125% import tax on China was in addition to a 20% tariff that President Trump imposed for China’s role in supplying fentanyl to…
Standard Chartered, OKX, and Franklin Templeton launched a pilot trading platform designed to enable institutional clients to use crypto and tokenized money market funds as collateral in off-exchange transactions, according to an April 10 release. Franklin Templeton’s Digital Assets division will contribute tokenized on-chain assets, which OKX clients will be able to integrate into trading…
A New York judge ruled Friday that the majority of New York Attorney General Letitia James’ civil securities fraud suit against crypto venture firm Digital Currency Group (DCG) and two of its executives can proceed to trial. In 2023, James sued James sued DCG and its CEO Barry Silbert, DCG’s now-bankrupt lending arm Genesis Global…
The Bank of England’s Financial Policy Committee (FPC) said in its April 2025 record that while stablecoins continue to grow in scale and relevance, poor oversight and inappropriate asset backing could pose new risks to UK financial stability, especially during times of stress. The committee reaffirmed that the BoE and the Financial Conduct Authority (FCA)…
In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), used the Congressional…
The crypto market is starting to show signs of life again. As always, meme coins are back in the spotlight. FARTCOIN is making headlines with a nearly 40% price jump in just 24 hours. It has pushed its market cap to $700 million. While FARTCOIN has won over the degen crowd, Pi Coin is trading…
The crypto market has been facing one of its most brutal corrections in recent times. Bitcoin is hovering under $80,000, pulling most of the market with it. All major cryptocurrencies are feeling the sting of the ongoing bearish sentiment. Meanwhile, some savvy investors are turning their attention to emerging opportunities. Best Wallet is one of…
The crypto market is witnessing one of the worst crashes of recent times, with Bitcoin dipping below the $75,000 mark at one point. Although the BTC price has recovered a little, analysts are concerned that the bear market might linger. Despite that, some investors continue to stock up on emerging projects like Bitcoin Bull at…
The United States Securities and Exchange Commission (SEC) led its second crypto roundtable on Friday, with Acting Chair Mark Uyeda mentioning the possibility of provisional regulatory guidelines as long-term regulations are worked out. SEC Crypto Roundtable Kicks Off During the April 11 hearing entitled “Between a Block and a Hard Place: Tailoring Regulation for Crypto…
Attorneys for the U.S. Securities and Exchange Commission and Binance asked a federal judge on Friday to continue a pause in the regulator’s case against the crypto exchange for another two months, citing “productive discussions.” The SEC sued Binance in 2023, alleging the exchange — alongside its U.S. affiliate and executives such as former CEO…