TL;DR Armstrong Urges Reform: Coinbase CEO Brian Armstrong calls on U.S. lawmakers to update regulations, enabling stablecoin issuers to pay interest just like traditional banks. Economic Boost Potential: Allowing on-chain interest could offer returns up to 4%, significantly higher than current savings rates, thereby encouraging spending, saving, and investment.

Low liquidity and massive sell orders likely led to the market imbalance.

Elon Musk has done it again! Tesla is officially launching its own cryptocurrency, TESLACOIN (TSLA), and it can be mined directly from Tesla vehicles while driving.

Binance Charity will airdrop up to $1.5 million in crypto to verified users in quake-hit Myanmar and Thailand, showcasing blockchain's power in disaster relief. Binance Charity Airdrops $1.

Senator Tuberville plans to launch a bill to allow Americans to invest their retirement funds in cryptos. The Trump administration backs crypto with reserves and policy support.

Many Indians trading on the world's largest crypto exchange, Binance, have come under the glare of tax authorities. As reported by The Economic Times, the Income Tax (I-T) department has been investigating whether the 1% Tax Deducted at Source (TDS) levied on such transactions has been properly collected.

Kentucky has officially dropped its lawsuit against Coinbase over the exchange's crypto-staking services. According to a joint filing submitted on March 31, the state's Department of Financial Institutions dismissed the case without prejudice, signaling a broader shift in regulatory sentiment.

The opening quarter of 2025 has seen an increase in cryptocurrency attacks when hackers walked away with $1.63 billion across over 60 incidents.

A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump's family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty Financial (WLFI) crypto platform launched the World Liberty Financial USD (USD1) US dollar-pegged stablecoin in early March, prompting concerns over potential conflicts of interest. Despite political pushback from Democratic Party lawmakers, WLFI's stablecoin plans are in line with the current US stablecoin legislation, according to Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum.

Crypto scams are surging as more people flock to digital currencies, with fraudsters exploiting the industry's rapid growth to deceive investors.

Coinbase is no longer being sued by Kentucky, South Carollina and Vermont for violating state securities laws by offering crypto staking services.

Coinbase CEO Brian Armstrong calls for stablecoin legislation enabling interest payments to users. He argues that onchain interest could counteract inflation and boost purchasing power.

Crypto hacks surged to record levels in the first quarter of 2025, with losses surpassing $1.6 billion, according to fresh data from blockchain security firm Immunefi. This marks the worst quarter on record for the digital assets industry in terms of security breaches, eclipsing the $706 million lost in the same period last year.

OKX, one of the world's leading cryptocurrency exchanges, has appointed Linda Lacewell as its new Chief Legal Officer (CLO). This decision aligns with the company's strategy to accelerate its global expansion.

He believes that once the stablecoin and market structure bills pass, the floodgates will open for major tech companies to embrace crypto. With these companies combined, that's a whopping 3 billion people who could potentially tap into the world of cryptocurrency.

Backpack, a crypto exchange founded by former FTX executives, has initiated the fund claim process for FTX's EU customers as part of the ongoing global efforts to distribute FTX bankruptcy recovery funds.

The amendment by Democrat assembly member Avelino Valencia adds several clauses protecting cryptocurrency use in California.

Coinbase CEO Brian Armstrong is advocating for changes to US stablecoin legislation that would allow holders to earn interest directly from their digital assets, arguing this would benefit consumers and strengthen the US economy.

Stablecoin bills in the US are drawing attention from institutional investors and politicians. Recently, US Representative Bryan Steil told journalist Eleanor Terrett that the two major stablecoin bills—the STABLE Act and the GENIUS Act—have only minor differences.

AUSTRAC, Australia's financial services watchdog, has raised concerns that some crypto ATM providers may lack adequate anti-money laundering and counter-terrorism measures. Task Force Identifies Worrying Trends The Australian financial services industry watchdog, AUSTRAC, has claimed that some crypto ATM providers “may not have the right anti-money laundering and counter-terrorism (AML/CTF) checks in place.

Taiwan's top financial regulator and a lawmaker have each drafted separate versions of a special crypto act.

Hackers stole more than $1.63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield.PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1.53 billion, largely due to the Bybit attack. That incident was one of the largest crypto thefts to date.

Japan's financial regulator is planning to change the country's laws to classify cryptocurrencies as financial products as early as 2026 as part of new regulations aimed at curbing insider trading in the digital asset market.

The proposed legislation is set to shake up the retirement investment landscape. It would give people the chance to diversify their portfolios by including crypto like Bitcoin and Ethereum.

According to his LinkedIn account, OKX's chief legal officer Mauricio Beugelmans has parted ways with the cryptocurrency exchange. While with the company, Beugelmans played a significant role in shaping OKX's global compliance policy.

X user and a SHIB enthusiast from Japan @kuro_9696_9696 has attracted the Shiba Inu community's attention to a change in the data displayed on Shytoshi Kusama's X bio.

Kentucky joins Vermont and South Carolina in dismissing lawsuits against Coinbase over crypto staking services, following new pro-crypto legislation and shifting regulatory attitudes.

Coinbase CEO Brian Armstrong urged US lawmakers to update regulations, allowing stablecoin issuers to pay interest to holders, similar to traditional savings accounts.

Layer-1 (L1) blockchain platform Initia unveiled plans to distribute 50 million INIT tokens as part of its upcoming crypto airdrop. This allocation represents approximately 5% of its total supply.

WEEX crypto exchange, which has over 6 million customers, has set up its headquarters in the UAE.

AUSTRAC highlighted “worrying trends” of suspicious activities and transactions using crypto ATMs. The post Aussie Watchdog Places Crypto ATM Providers ‘On Notice,' Warns Over Missing AML Checks appeared first on Cryptonews.

Among the latest news from the USA, there is the statement from Senator Tommy Tuberville who will introduce a law to allow Americans to invest their pension funds in crypto. In an interview, the senator stated that he supports President Trump, who is in favor of the sector. The United States senator, Tommy Turberville, will introduce a law to allow Americans to invest their pension funds in crypto.

California, a pioneering state in numerous revolutions including in the field of technology and finance, is preparing to take a further step forward in the world of crypto. A bill proposed by Avelino Valencia, a democratic representative and president of the Finance and Banking Committee of the Assembly, could allow nearly 40 million California residents to exercise new digital rights in the financial sector.

As crypto prices climb, scammers are coming out of the woodwork. They use tricks like address poisoning and wallet spoofing to steal funds.

On February 21, 2025, the Bybit exchange became the victim of the largest cryptocurrency heist in history, with approximately USD 1.

Opinion by: Tomer Warschauer Nuni, chief marketing officer of Kima Network No one should be surprised that the crypto space is actively discussing the new wave of enthusiasm around AI and its limitless uses. According to proponents, AI represents the most promising approach to enhancing blockchain technologies and decentralized applications, driving greater autonomy and efficiency across the ecosystem.

Vanuatu has officially enacted its crypto regulation and licensing framework, joining a growing list of nations implementing regulatory oversight for virtual asset service providers.

The leading crypto exchange, OKX, has revealed the appointment of Linda Lacewell, ex-NYDFS head, as its new Chief Legal Officer. Lacewell, who has been an OKX board member since 2024, will now take the helm of the company's global regulatory and compliance efforts.

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).

Blockchain investigator ZachXBT reports that Coinbase users have lost over $46 million in the past two weeks due to phishing scams.

the crypto community is accompanied by airdrops and staking events on several major platforms.

Bitcoin and most crypto tokens crashed in March as concerns about the Federal Reserve and Donald Trump's tariffs continued. After rising to a record high of $109,300 in March, the BTC price plunged by over 20% to $82,000.

T-Mobile has been ordered to pay $33 million in damages due to security lapses that allowed SIM swap attacks, which ultimately resulted in cryptocurrency theft.

On April 1, Binance co-founder Changpeng Zhao (CZ) shared an amusing hypothetical on social media platform X (Twitter).

Kentucky has dropped its lawsuit against Coinbase over staking services, becoming the third U.S. state to roll back legal action against the exchange in recent months.

The crypto market witnessed over 60 crypto hacks in Q1 resulted in $1.63 billion in losses, more than doubling from $706 million a year earlier. Crypto hacks in the first quarter of 2025 resulted in more than $1.

REZ crypto surged by as much as 38% today, ahead of its upcoming listing on South Korea's Bithumb exchange. According to crypto.news data, Renzo (REZ) hit an intraday high of $0.

The crypto market today has been under heat, as investor sentiment trembles ahead of President Donald Trump's tariff announcement scheduled for tomorrow, i.e., April 2nd. Market players fear a trade war that could directly impact risk assets, including cryptos. Talking about which, the U.S.