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news-imageMarch 11, 2025

Garantex Crypto Exchange Dismantled in Major International Crackdown

Authorities from the U.S., Germany, and Finland have dismantled the Russian crypto exchange Garantex, seizing domains and freezing illicit funds in a significant blow to the cybercrime economy.
Publisher: Blockchain News
Sentiment: Negative
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cover-imageThe Daily Hodl
March 11, 2025

Department of Housing and Urban Development Exploring Use of Blockchain and Stablecoins To Track Grants: Report

The U.S. Department of Housing and Urban Development (HUD) is reportedly mulling over the use of blockchain technology and stablecoins. ProPublica, citing a meeting recording, “three officials familiar with the matter” and other reviewed materials, reports that the executive department is considering using blockchain technology to track HUD grants.

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Neutral
cover-imagePYMNTS
March 11, 2025

French Hill Favors Regulatory Framework for Stablecoins, Ban on CBDC

House Financial Services Committee Chairman French Hill, R-Arkansas, said Tuesday (March 11) that he supports the development of a federal framework for payment stablecoins and opposes the creation of a central bank digital currency (CBDC).

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Negative
cover-imageCointribune
March 11, 2025

Financial And Crypto Markets Under Pressure Ahead Of The FED's Decisions

Financial and crypto markets continue to experience severe declines as investors await inflation data and the FED's decisions. Despite favorable regulatory advancements, Bitcoin and Ethereum are falling, in hope of a relief that will certainly come from the upcoming CPI and FOMC data.

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Positive
cover-imageCointelegraph
March 11, 2025

Coinbase plans India comeback with FIU registration

Cryptocurrency exchange Coinbase is one step closer to relaunching its services in India after securing a license with the country's Financial Intelligence Unit (FIU). On March 11, the crypto exchange revealed on social media that “we're approved to launch in India,” which prompted a follow-up from Coinbase's chief legal officer, Paul Grewal.

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Positive
cover-imageCryptonews
March 11, 2025

Bitcoin-Based NFT Collection Taproot Wizards Reveals Public Sale

The sale of the highly anticipated collection Taproot Wizards will begin on 25 March, the team just announced. The post Bitcoin-Based NFT Collection Taproot Wizards Reveals Public Sale appeared first on Cryptonews.

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Negative
cover-imageCointelegraph
March 11, 2025

Centralized data infrastructure violates Web3's core of decentralization

Opinion by: Michael O'Rourke, founder of Pocket Network and CEO of Grove Open data is currently a major contributor toward building a global emerging tech economy, with an estimated market of over $350 billion. Open data sources often rely, however, on centralized infrastructure, contrary to the philosophy of autonomy and censorship resistance.

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Positive
cover-imageCryptopolitan
March 11, 2025

Crypto projects attract $2.27 billion in early 2025 despite market volatility

Crypto projects have attracted more than $2 billion in investments from venture capital (VC) firms in 2025, confirming that investors' interest in crypto remains high. According to data from Defillama, VCs invested more than $1 billion each into crypto projects within the first two months.

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Neutral
cover-imageCryptonews
March 11, 2025

Bank of Korea to Launch CBDC Trial for 100,000 Consumers, Enabling Retail Transactions

South Korea is launching a CBDC trial with 100,000 consumers, using digital currency-backed deposit tokens for retail transactions, potentially shaping the future of digital payments and financial innovation. The post Bank of Korea to Launch CBDC Trial for 100,000 Consumers, Enabling Retail Transactions appeared first on Cryptonews.

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Positive
cover-imageCryptoSlate
March 11, 2025

Coinbase secures re-entry to Indian crypto market with FIU approval

Coinbase has secured approval from India's Financial Intelligence Unit (FIU), positioning itself to re-enter the country's crypto market. The exchange announced on March 11 that it intends to launch retail trading services later this year, with further investments and product rollouts to follow.

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Positive
cover-imageTokenpost
March 11, 2025

Coinbase Nears Full Comeback in India with FIU Registration

Coinbase (COIN) is on the verge of fully re-entering the Indian market after securing registration with the Financial Intelligence Unit (FIU), marking a significant step toward resuming its crypto trading services. The Nasdaq-listed exchange, which previously faced regulatory hurdles in India, is now gearing up to expand its footprint in the country.

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cover-imageTokenpost
March 11, 2025

U.S. Senators Push New Stablecoin Bill with State and Federal Oversight

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act introduces a major shift in stablecoin regulation, aiming to balance oversight between state and federal authorities. The bill, backed by Senators Bill Hagerty (R-TN), Tim Scott (R-SC), Kirsten Gillibrand (D-NY), Cynthia Lummis (R-WY), and Angela Alsobrooks (D-MD), was initially proposed in February and has now been updated before a key Senate Banking Committee hearing.

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Neutral
cover-imageCointelegraph
March 11, 2025

Paxos CEO urges US lawmakers to set cross-border stablecoin regulation

US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, urging lawmakers to establish “cross-jurisdictional reciprocity” in stablecoin regulations. In his prepared testimony, Cascarilla flagged concerns about the existing hurdles in the adoption of Paxos' Global dollar (USDG) stablecoin due to it being issued via a regulated affiliate in Singapore.

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Neutral
cover-imageTheNewsCrypto
March 11, 2025

US Stablecoin Bill Revised Ahead of Key Senate Banking Vote

The GENIUS Act updates aim to regulate stablecoins, fostering innovation and protecting consumers. US-based stablecoin issuers like USDC gain an edge with stricter rules for foreign competitors.

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Positive
cover-imageCoingape
March 11, 2025

Europe Takes Lead in Crypto Banking Amid US Crypto Threat

Europe has emerged as a frontrunner in crypto banking outpacing global powers in the race. Though US President Donald Trump's crypto policies pose a significant threat to Europe's monetary autonomy, the continent leads in terms of crypto-friendly banks.

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