The Hong Kong FSC's staking guideline is part of the government's roadmap to develop the region's crypto framework.

Hong Kong financial authorities have officially allowed crypto firms to provide staking services for customers. However, they must abide by guidelines meant to protect users from associated risks.

The crypto world is no stranger to scandals, but Tron founder Justin Sun is sounding the alarm on a situation he claims could be even worse than the infamous FTX collapse. The controversy is built around the First Digital Trust (FDT), a Hong Kong-based custodian reportedly involved in unauthorized fund transfers.

Cryptocurrency markets faced a brutal correction on what's being dubbed “Black Monday,” with total liquidations exceeding $1.36 billion in the past 24 hours. The post Crypto Liquidations Surpass $1.3B as Markets Continue to Crash on ‘Black Monday' appeared first on Cryptonews.

Justin Sun once again set the crypto world abuzz. As reported by CoinDesk, Sun stepped in with a critical injection of liquidity to support TrueUSD (TUSD) amid a staggering $456 million reserve gap—averting a potential depegging crisis that could have rocked the stablecoin ecosystem.

The U.S. government is getting closer to opening up just how deep its hands go into the crypto jar. As global markets wobble and crypto prices swing, a crucial deadline looms for American federal agencies.

Drawing a parallel between floppy disks and innovation, Choi said Monday blockchain tech has the potential to "rewrite the rules" of finance.

Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.

Industry players have labeled today, April 7, the crypto black Monday, a sentiment drawing from the bloodbath over the weekend.

Vaulta, formerly EOS Network, is joining forces with VirgoCX to launch a new stablecoin-powered cross-border payments network as the first major deployment of its Web3 Banking OS.

Solana memecoin platform Pump.fun has revived its live streaming feature, five months after pulling the plug over disturbing misuse. According to the platform's co-founder Alon Cohen, the feature has returned with stronger moderation tools and “transparent guidelines” in place.

The U.S. President Donald Trump's announcement of April 6th as “Liberation Day” has done more than stir political controversy. It has sparked a global financial turmoil. Stock markets across China, Japan, Germany, the UK, and the U.S. crashed for a second straight day.

The digital payments sector, particularly in cryptocurrency, is a regulatory battleground. Some users welcome regulation for weeding out bad actors and enhancing service quality, while others see it as stifling innovation. The head of Bybit's payment business unit believes regulation brings clarity, safety, and confidence.

Hong Kong will release an expanded virtual asset policy by year-end, aiming to deepen Web3 integration into finance and the broader economy, Financial Secretary Paul Chan said. The post Hong Kong to Roll Out Updated Virtual Asset Policy Framework by End of 2025 appeared first on Cryptonews.

In a move to tighten oversight in the crypto space, Hong Kong's Securities and Futures Commission (SFC) has rolled out fresh guidelines for licensed virtual asset trading platforms and SFC-authorised funds involved in staking.

The FTX saga continues to shake the crypto ecosystem. Nearly 400,000 creditors of the now-bankrupt platform risk permanently losing their rights to refunds, estimated at over $2.5 billion.

The Trump administration is scaling back the role of the Consumer Financial Protection Bureau (CFPB) in crypto regulation.

In a year marked by market turbulence and mounting geopolitical tensions, privacy coins have emerged as the best-performing sector in the cryptocurrency space.

Bitcoin has tumbled to $77,300, and Ethereum has dipped 14% as markets react to sweeping new tariffs announced by Donald Trump last week.

April 7, 2025 05:14:00 UTC Bitcoin Price USD Dips After Trump's Tariff Stance Shakes Crypto Market Bitcoin price USD dropped sharply in the last 24 hours as the crypto market reacted to US President Trump's continued push for restrictive tariffs.

Markets crashed on Monday after President Trump announced major new tariffs. China hit back quickly, slapping 34% duties on all U.S. imports starting April 10. The rising tension has investors worried about a full-blown trade war.

The Chinese stock market opened earlier on Monday, April 7, with significant losses. The wider Asia stock market recorded palpable losses as more investors fled the highly volatile global equity market towards bonds and gold markets. For instance, the Shanghai Composite index had dropped around 6.34 percent to trade about 3,130.

FTX intends to disallow more customer claims by June 1 if they fail to finish their KYC processes.

Steve Hassenpflug says successful airdrop strategies reward skill-based contributions, include vesting periods, and distribute assets with functional value. These approaches aim to foster long-term loyalty while avoiding inflation and exploitation. Airdrops: Double-Edged Sword for Blockchain Gaming Airdrops have become a staple in the blockchain industry, particularly within the burgeoning gaming sector.

The crypto fear and greed index plummeted to the extreme fear zone on Monday as Bitcoin and most tokens plummeted. Bitcoin crashed to $77,000, while the total market cap of all cryptocurrencies fell by almost 10% to $2.4 trillion. Berachain price crashed by 21% and moved to a record low of $4.6.

This weekend, crypto enthusiasts arent thinking about vacationstheyre bracing for what some fear could be a Black Monday for Bitcoin (BTC) and digital assets. Social media is buzzing with concerns that the market could face significant turbulence as the new week begins, echoing past financial downturns.

The economist dubs Donald Trump's tariffs dumber than the president's Strategic Bitcoin Reserve as global markets retreat.

Numerous alts have slumped by double digits in the past day.

Alon Cohen, co-founder of the Solana-based memecoin launchpad Pump.fun, is set to bring back live streaming on the platform — five months after suspending the feature after several incidents involving harmful content. Posting on X on April 4, Cohen said the feature has returned with “industry standard moderation systems in place and transparent guidelines.

Wall Street futures plunge, Asia sells off, and crypto liquidations surge as markets brace for a volatile start to the week.

Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy. The Trump administration hit all countries with a 10% tariff starting April 5, with some slapped at higher rates, including China at 34%, the European Union at 20%, and Japan at 24%.

Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy.The Trump administration hit all countries with a 10% tariff starting April 5, with some slapped at higher rates, including China at 34%, the European Union at 20%, and Japan at 24%. Bitcoin (BTC) dropped over 6% in the last 24 hours and was trading around $77,883.

The following is a guest post and opinion of Innokenty Isers, Chief Executive Officer at Paybis. After years of uncertainty, stablecoin regulation is finally gaining momentum on Capitol Hill.

Stablecoins are being seen as a key tool to maintain the U.S. dollar's dominance in global markets, according to Bryan Pellegrino, CEO of LayerZero Labs.

The Consumer Financial Protection Bureau (CFPB) is expected to reduce its involvement in cryptocurrency regulation due to budget cuts and a broader shift in oversight to other agencies.

Nearly 400,000 former FTX users may lose access to over $2.5 billion in repayments if they don't complete identity verification by June 1.

An analyst at a prominent global investment firm says that economic retribution from China and the European Union (EU) against new US tariffs could end up supporting digital assets.

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, Itau reveals it is considering launching its own stablecoin, Brazil bans retirement funds from investing in crypto, and also champions local currency payments as a BRICS member.

The crypto market is bleeding hard, and even major coins like Ethereum and XRP are breaking crucial support levels. But some lesser-known tokens have taken an even bigger beating.

Stablecoins are one of crypto's clearest success stories — and VCs are treating them as a serious long-term bet. Here's why.

DeFi suffered most in Q1 with a 15% decline due to lower trading volume compared to Q4 2024.

The crypto market is experiencing one of its most violent crashes today. After resisting the Trump storm until now, it has finally given in!

Cryptocurrency thefts surged by 303% during the first quarter to $1.67 billion. That jump was primarily driven by the historic billion-dollar hack on the Bybit exchange, Seeking Alpha reported Saturday (April 5), citing data from blockchain security firm CertiK.

MMA star Conor McGregor launches his meme coin “REAL,” emphasizing transparency and fairness through a sealed-bid auction, offering staking rewards and governance rights via collaboration with Real World Gaming DAO. The post Mixed-Martial Arts Star Conor McGregor Launches ‘REAL' Meme Coin appeared first on Cryptonews.

The Securities and Exchange Commission (SEC) says that stablecoins, generally speaking, are not securities. That's according to a statement from the regulator's Division of Corporate Finance issued Friday (April 4), which means that these coins do not need to be registered with the commission.

Crypto executives are reportedly making a last-ditch effort to convince Congress to allow stablecoin issuers to pass on interest to holders of dollar-pegged digital assets. Digital asset industry leaders are lobbying for stablecoin regulations to include a provision that enables issuers to share interest with users, reports Reuters.

Stablecoins are the single best tool for the United States government to maintain the US dollar's hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino.In an interview with Cointelegraph, the CEO of LayerZero Labs, which created the LayerZero interoperability protocol recently chosen by Wyoming to be the distribution partner for the Wyoming stablecoin, said that the cross-border accessibility of dollar-pegged tokens makes them an obvious choice to drive US dollar demand. Pellegrino added: "Stablecoins for the US dollar are the single best tool — the last Trojan Horse or vampire attack on every single other currency in the world — whether it is Argentina, whether it is Venezuela, whether it is all of the countries that have massive inflation.

P2P.me, an innovative crypto-to-fiat application, has successfully raised $2 million in seed funding from prominent investors, including Multicoin Capital and Coinbase Ventures. This financial infusion aims to enhance the platform's capabilities in bridging the gap between cryptocurrency payments and traditional fiat systems, particularly in regions where QR code-based transactions are prevalent.