Crypto markets have recently faced a sharp downturn, dropping to their lowest levels in three months and reversing most of the gains seen after Donald Trump's U.S. presidential victory. The pullback has been fueled by both macroeconomic uncertainty and crypto-specific factors, deepening investor concerns about the market's trajectory.

OKX says it's set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license.

A pro-crypto Congressman says central bank digital currencies (CBDCs) are a tool to upend the American way of life as he pushes for legislation to prevent their existence.

Stablecoin niche shows excellent dynamics against the background of the general market decline - their total capitalization flew to a new historical maximum, reaching $234.8 billion.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Inflation cooled more than expected in February, offering hope that the Federal Reserve may be closer to cutting interest rates. However, the crypto market remained largely unresponsive despite the positive economic signal.

Brazilian online-only bank Stark Bank reportedly aims to serve the country's cryptocurrency startups. The company sees an opportunity to position itself as a banking provider for these startups at a time when the crypto sector is still shunned by traditional lenders but is becoming more attractive due to U.S.

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Binance has secured a $2 billion investment from Abu Dhabi-based MGX, a move that highlights the increasing institutional interest in blockchain and AI-driven financial models. The investment strengthens Binance's market position while integrating AI and blockchain technologies into the evolving digital finance landscape. The post Binance Secures Landmark $2B Investment From Abu Dhabi-Based MGX appeared first on Cryptonews.

Imprisoned FTX founder Sam Bankman-Fried is reportedly hoping to secure a pardon from President Donald Trump.

The Central Bank of Russia announced on March 12 that it was considering allowing a limited number of investors to buy and sell cryptocurrencies. The bank revealed that the suggestion followed President Vladimir Putin's directive to submit proposals to the government for discussions concerning digital asset regulations in the country.

The Cayman Islands is set to implement new regulations requiring virtual asset service providers (VASPs) offering custody and trading services to obtain official licensing from the Cayman Islands Monetary Authority (CIMA).

Binance has received a $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in Binance's history.

One layer-1 altcoin is surging after a surprise listing by Binance, the world's largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain.

Binance, the world's largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX. The deal, announced on March 12, marks the largest investment ever received by a crypto company and the most significant transaction conducted entirely in stablecoins.

Crypto assets were under scrutiny in the U.S. Congress on March 11. The House of Representatives Financial Services Committee debated the merits of stablecoins and a central bank digital currency (CBDC) in a hearing titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S.

Prosecutors have accused Tom Goldstein of violating federal tax laws and failing to report cryptocurrency transactions.

Despite the recent volatility in crypto markets, the long-term potential of digital assets remains strong.

The Bank of Russia plans to introduce cryptocurrency trading within the country under an experimental legal regime (ELR).

Coinbase is set to make a comeback in India's cryptocurrency market, nearly two years after halting its operations in 2023.

Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don't meet certain quantitative and qualitative criteria.The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, adherence to regulatory compliance, community popularity and more.

TL;DR Binance receives a $2 billion investment from the firm MGX, marking the first institutional investment in the exchange and the largest in a crypto company. The investment was made in stablecoins, though the exact currency used was not specified, and will strengthen Binance's position as the world's largest crypto exchange.

The exchange recently obtained a Markets in Crypto Assets license in Europe.

American Congressman Tom Emmer recently reaffirmed his support for stablecoins and his fierce opposition to central bank digital currencies (CBDC), which he sees as a threat to citizens' financial freedom. During a recent address on March 11, 2025, Emmer once again presented his pro-stablecoin bill aimed at promoting these digital assets while curtailing the development of CBDCs in the United States.

Gemini crypto exchange is enhancing its services for institutional clients in Europe by introducing US dollar payment support.

South Korea's Financial Services Commission (FSC) will introduce comprehensive guidelines for institutional investment in cryptocurrencies by Q3 2025, aiming to regulate and stabilize the market for professional investors, public companies, and charities. The post South Korea's Regulator to Release Crypto Investment Guidelines by Q3 2025 appeared first on Cryptonews.

President Donald Trump named Paul Atkins as his pick to lead the agency but no hearing has been scheduled yet to confirm him.

The Bolivia's state energy firm, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) plans to adopt crypto payments for the procurement of fuels as the country faces acute shortage of the foreign currency and fuel supply. officials of the company recently stated that the government of the country had endorsed the use of digital assets in the purchase

An official in South Korea exploited government seals and financial loopholes over six years, diverting public funds into cryptocurrency investments, including donations meant for disaster relief efforts. The post Government Official in South Korea Forged Documents to Funnel Funds into Crypto appeared first on Cryptonews.

On Mar. 10, 2025, European Stability Mechanism managing director Pierre Gramegna expressed his concerns regarding the potential harm of the U.S. government's pro-crypto course and USD-denominated stablecoins to the EU'sEU's financial stability and sovereignty. Gramegna's recent commentaries concerning the U.

Crypto exchange Binance on Wednesday announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in the company, the largest investment ever made into a cryptocurrency firm. The deal apparently highlights Binance's growing influence in the global digital asset market and MGX's entry into the sector, reinforcing the UAE's role as a hub for innovative finance.

Binance just made headlines with a mind-blowing $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor. It is a big deal for several reasons.

The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that the US government will punish stablecoin issuers that do not comply with the new regulatory framework, similar to the European Union Markets in Crypto-Assets (MiCA) regulations. The executive added: “The government realizes that if they control stablecoins, they control financial transactions.

A Federal Reserve inflation gauge has shown signs of easing, sparking reactions across financial markets, including cryptocurrencies. As inflation pressures lessen, investors are reassessing their positions, leading to price movements on Bitcoin and other digital assets.

Binance just secured a $2 billion investment from MGX, an Abu Dhabi-based AI and tech investment giant, according to a press release by the exchange today.

Binance announced today that MGX, a sovereign wealth fund from Abu Dhabi, invested $2 billion in the company. The transaction happened entirely using stablecoins.

Russian National Welfare Fund Dismisses Crypto Investments

California State Senator Ben Allen is eyeing further pro-crypto representation with an endorsement of Dom Bei for election to the board of California's public pension fund.

Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry's history.In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins.

"The tactics, techniques, and procedures (TTPs) observed in this npm attack closely align with Lazarus's known operations," a cybersecurity research said.

The world's largest cryptocurrency exchange, Binance, just revealed a major shake-up in its spot trading offerings. New trading pairs are coming in, old ones are getting cut and users will see an expanded range of options.

Michael van de Poppe, cryptocurrency analyst and trader based at the Amsterdam stock exchange, has taken to the social media platform X (formerly known as Twitter) to share a prediction that he can now see signs of “a great bull market” for crypto looming on the horizon.

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance's dominance and signals growing institutional faith in blockchain's future.

Dollars scarce and production declining: the new Bolivian strategy

The financing MGX's first investment into a crypto and blockchain firm, with MGX also acquiring a minority stake in Binance.

Bolivia's state-owned energy firm YPFB will begin using crypto to pay for fuel imports as the country grapples with a severe shortage of U.S. dollars and dwindling natural gas production.

Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of cryptocurrency into the company.