Block agreed to pay $40 million to the NYDFS for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its Cash App platform.

In a letter to Deputy Attorney General Todd Blanche on Thursday, the six lawmakers urged him to reconsider his recent decision to disband the DOJ's crypto enforcement squad.

Perpetual futures contracts—a mainstay of offshore digital asset exchanges—may finally become accessible to U.S.-based traders under-regulated platforms.

CryptoQuant's latest report shows that while Bitcoin's sharp recovery followed the 90-day U.S. tariff pause, the rally now faces resistance near $84K and $96K, with bearish sentiment still lingering across the market.

The US Securities and Exchange Commission's Division of Corporation Finance released new staff views on April 10 outlining how federal securities laws apply to the registration and offering of crypto-related securities.

In Africa's largest crypto market, Nigeria, virtual assets and investment contracts are formally recognized as securities following the Investment and Securities Act (ISA) 2024, signed into law by President Bola Tinubu.

US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country's tax authority, the Internal Revenue Service.The rule would have required DeFi platforms, such as decentralized exchanges, to file their gross proceeds from crypto sales and include information on those involved in the transactions. Trump was widely expected to sign the bill, as White House AI and crypto czar David Sacks said in March that the president would support killing the measure.

The fallen founder of the FTX exchange has been incarcerated at the brutal Victorville medium security facility in Victorville, California.

The Russian logistics firm ETE Group has asked Prime Minister Mikhail Mishustin to let domestic firms use crypto as a payments tool in overseas trade deals. The post Russian Logistics Firm Asks Moscow to Legalize Crypto Payments appeared first on Cryptonews.

The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.

The Biden-era rule would have obligated DeFi platforms to comply with tax reporting requirements designed for brokers.

The repeal fosters a more innovation-friendly environment for DeFi, reducing compliance burdens and protecting user privacy in the crypto sector. The post Trump signs resolution overturning IRS DeFi broker rule appeared first on Crypto Briefing.

President Donald Trump signed a resolution to repeal a controversial crypto tax rule finalized toward the end of the Biden administration.

Senator Chris Murphy has intensified his allegations against President Donald Trump, accusing him of operating a covert bribery channel through the $TRUMP meme coin. The claim comes as Trump pauses tariffs, raising market uncertainty and sparking fresh scrutiny over the president's crypto ties. The post Senator Chris Murphy Accuses Trump of Running Crypto Backdoor Bribery Scheme appeared first on Cryptonews.

Babylon launched its BABY token today after a brief delay from Binance. The toke quickly surged 40% to hit $0.15.

A CryptoPunks NFT just sold for $6 million—but the very same Ethereum asset traded hands for $16 million one year ago.

The SEC staff statement was based on observations about previous disclosures, the agency said.

Theory Ventures Partner Spencer Farrar joins CoinDesk to discuss the growing influence of AI across all business sectors and the potential for AI agents to automate workflows. Plus, companies and projects Theory Ventures are looking out for, particularly those at the intersection of AI and crypto.

New York Attorney General Letitia James wants Congress to do more to protect cryptocurrency investors. James wrote a letter to congressional leadership Tuesday (April 8), saying lawmakers should mandate that crypto companies register with a federal regulatory agency and establish minimum listing standards for crypto tokens.

Standard Chartered and OKX have launched a crypto collateral project that allows institutional clients to use cryptocurrencies and tokenized funds under a regulated framework, enhancing risk controls and custody security. The post Standard Chartered and OKX Launch Crypto Collateral Project appeared first on Cryptonews.

Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs).HashKey was granted approval on April 10 after the Hong Kong Securities and Futures Commission (SFC) provided regulatory guidance on staking services to Licensed Virtual Asset Trading Platforms (VATPs) and authorized funds, the company disclosed on social media. HashKey said it had become “one of the first” regulated Hong Kong exchanges to offer staking services.

North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying "digital assets" be accepted as a legally recognized form of payment and for taxes.Although the language of the bill does not specifically mention Bitcoin (BTC), there are several provisions laid out that make BTC uniquely qualified under the bill's definition of a "digital asset.

New York Attorney General (NYAG) Letitia James sent a letter to congressional leaders on April 10 urging the passage of federal legislation to establish a regulatory framework for crypto. The letter argued that the lack of national rules increases the risk of financial fraud, criminal abuse, and market instability in the digital asset sector.

Crypto crashes again after Trump raises China tariffs to 145%, but EU-China talks hint at possible relief. Could a deal bring back the bulls?

Ethereum Layer-2 network ZKfair is at the center of a controversy after it moved $6 million out of its cross-chain bridge. The move sparked rugpull allegations, with stakeholders warning users to withdraw their funds from the bridge.

Escalating geopolitical tensions threaten to balkanize blockchain networks and restrict users' access, crypto executives told Cointelegraph. On April 9, US President Donald Trump announced a pause in the rollout of tariffs imposed on certain countries — but the prospect of a global trade war still looms, especially because Trump still wants to charge a 125% levy on Chinese imports.

Crypto industry continues its push for more favorable regulation, this time targeting airdrops.

Liberland, a sovereign state located between Croatia and Serbia, is preparing to celebrate its 10th anniversary this weekend. The blockchain-based nation has already chosen leaders for its Congress ahead of building the next phase of its decentralization.

On today's show, bitcoin falls back below $80,000 following yesterday's market rally. Plus, The Senate confirmed Paul Atkins as President Trump's next chairman of the Securities and Exchange Commission.

The US-based crypto exchange Kraken and the global financial services giant Mastercard are joining forces to drive the widespread use of crypto payment services in the UK and Europe.

Bitpanda has obtained its third license under the European Union's Markets in Crypto-Assets Regulation (MiCA) from Austria's Financial Market Authority (FMA).

Bybit's market share has rebounded, according to a research report, as the exchange effectively utilized strategic liquidity tools and benefited from a broader market recovery, quickly overcoming the uncertainty caused by a February crypto hack. The post Bybit's Market Share Rebounds by 7% After February Hack appeared first on Cryptonews.

New York Attorney General Letitia James has urged lawmakers in the United States to pass federal legislation on cryptocurrencies.

Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance misconducts tied to its Cash App platform, Bloomberg reported on April 10.Block was fined by the New York Department of Financial Services (NYDFS) following an investigation into Cash App's Anti-Money Laundering (AML) and cryptocurrency compliance operations, Bloomberg said after reviewing the government agency's consent order. NYDFS determined that Block allegedly violated consumer protection laws and didn't conduct proper due diligence on its customers.

The Bank of England's Financial Policy Committee raises red flags over stablecoin risks, including currency substitution and liquidity issues, as more UK investors turn to crypto assets. The post UK Regulator Sounds Alarm on Stablecoin Risks Amid Crypto's Growing Footprint appeared first on Cryptonews.

Gold-backed crypto tokens outperformed most crypto sectors, including stablecoins, in market cap growth since Trump's Jan. 20 inauguration, a CEX.IO report said.

Coinbase CLO Paul Grewal has shared a new update on the trading platform's Freedom of Information Act (FOIA) lawsuit against the US Federal Deposit Insurance Commission (FDIC). This case, which is now lingering, suggests the banking regulator is using delay tactics in adhering to previous court orders.

Venture capital firm a16z recommends that the SEC modernize digital asset custody rules, supporting self-custody under defined conditions and advocating for a framework that reflects how blockchain systems operate. The post a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter appeared first on Cryptonews.

Truth Arts — formerly known as Truth Labs, the team behind the 2022 Goblintown Ethereum NFT collection — has released NFT “licenses” inspired by driver's licenses.

As investors continue to assess what could define the next wave of breakout tokens, many are now turning their attention toward fresh projects that are still under the radar.

As crypto continues its transformation from fringe curiosity to legitimate asset class, traditional financial institutions are no longer sitting on the sidelines. In a candid conversation, Alessandro Fuser, Head of Sales at Crypto Finance, a firm enabling banks to navigate the digital asset world, unpacks how regulation, especially across Europe, is finally catching up with innovation.

"We see a great opportunity in the market for liquid tokens when you look at current valuations," Node Capital's Amos Meiri told The Block.

TL;DR Standard Chartered and OKX launch a pilot program that allows institutional use of crypto assets and tokenized money market funds as collateral. The scheme operates under VARA regulation and combines banking security with the flexibility to operate outside centralized exchanges.

After suffering the largest crypto hack in history in February 2025, the exchange Bybit managed to reclaim its initial market share of 7%, demonstrating remarkable resilience in an otherwise unfavorable economic context.

ShareRing, a Melbourne-based blockchain company, has been approved by the Australian government to roll out an age verification chain as part of a plan to restrict social media access for younger persons. ShareRing will create a pilot version of the blockchain with school students from Darwin, Northern Territory.

Optimism's interoperability has enabled it to corner 40% of all value transferred across major chains.

Tron founder Justin Sun took to X to continue accusing First Digital Trust, a Hong Kong-based crypto custodian and issuer of the FDUSD stablecoin, of orchestrating a $500 million embezzlement scheme.

The pilot aims to combine tokenized funds, crypto assets, and off-exchange custody to scale institutional trading.