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Senator Elizabeth Warren and Representative Maxine Waters have formally requested transparency from the U.S. Securities and Exchange Commission (SEC) concerning potential conflicts of interest involving President Donald Trump’s family and their ties to World Liberty Financial (WLF), a cryptocurrency firm. The lawmakers cited concerns that the Trump family stands to gain up to $400 million … Read more
Kraken announced it has officially secured a Restricted Dealer registration in Canada, reinforcing its commitment to serving Canadian crypto investors while adhering to enhanced investor protection guidelines for crypto exchanges. This follows a rigorous pre-registration undertaking process, ensuring that Kraken meets the highest industry standards in governance, security, and compliance. To celebrate, Kraken is offering … Read more
Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market. The FX Onchain protocol, built on Avalanche’s C-Chain, automates conversions between local currencies and USD-backed stablecoins, such as USDC and USDT, facilitating faster and more cost-effective … Read more
The Central Bank of Nigeria (CBN) has dismissed as fake news a report stating it issued ₦5,000 and ₦10,000 banknotes to enhance cash transactions. The CBN said the report, circulating on social media and claiming the new banknotes would become legal tender on May 1, 2025, did not originate from its official website. The report, … Read more
Boston-based Fidelity Investments, the world’s third-largest investment manager with nearly $6 trillion in assets under management (AUA) has launched new Individual Retirement Accounts (IRAs) that allow clients to invest directly in crypto. The development was revealed on or around April 2nd via the company’s website. “You can currently trade bitcoin, ethereum [ether], and litecoin in … Read more
Investment manager Vaneck has registered to list an exchange-traded fund (ETF) that will track BNB, the native cryptocurrency of the Binance-linked BNB Chain. The New York-based firm has proposed the establishment of a trust in Delaware as a preliminary step toward a formal application with the U.S. Securities and Exchange Commission (SEC). If approved, Vaneck’s … Read more
Sony Electronics (Singapore) Pte. Ltd. (SES) has announced a partnership with Crypto.com to accept USDC, a U.S. dollar-pegged stablecoin, for direct payments on Sony Store Online. This integration aims to make cryptocurrency payments more accessible to consumers, particularly tech-savvy shoppers. Crypto.com, one of the largest cryptocurrency exchanges globally, emphasizes regulatory compliance and security in its … Read more
Former maintainer of Monero Ricardo Spagni, known in crypto circles as Fluffypony, has alerted about the collapse of the current Know Your Customer (KYC) strategies at the hands of artificial intelligence (AI) tools. On X, Spagni assessed that still-in-use KYC procedures are on the way out, declaring that within the next 24 months “there will … Read more
The world’s largest stablecoin provider Tether, on April 1 revealed bitcoin purchases totaling 8,888 BTC made during the first quarter of 2025, bringing its overall bitcoin holdings to 92,647 BTC or a mammoth $7.8 billion. Onchain data shows that the Q1 purchases were all moved simultaneously into Tether’s primary bitcoin wallet on March 31st. The … Read more
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 initiative, tied to the Gold Board Bill under parliamentary review, aims to register all licensed miners in a national database, assign unique digital codes … Read more