Business

April, 2025

• 22 April

  Korea’s Crypto Hoard Hits Record $73.4B After Trump’s Advocacy

  

  South Korea’s cryptocurrency market has experienced a significant surge, with holdings reaching a record-breaking $73.4 billion, following former U.S. President Donald Trump’s advocacy for digital assets. This remarkable growth in the Korean crypto market highlights the growing influence of global political figures on the digital asset landscape, with Trump’s pro-crypto stance encouraging investors in South Korea to ramp up their …
• 22 April

  Crypto-Friendly Paul Atkins to Lead SEC, Industry Braces for Major Shake-Up

  

  The U.S. Securities and Exchange Commission (SEC) is poised for a transformative shift as Paul Atkins, a well-known advocate for cryptocurrency and blockchain innovation, is set to take the helm of the regulatory body. As a former SEC Commissioner and long-time supporter of more progressive approaches to crypto regulation, Atkins’ appointment has the industry on edge, anticipating major changes in …
• 22 April

  Telegram CEO Threatens EU Exit Over Encryption Backdoor Push, Raising Privacy Concerns

  

  Telegram, one of the world’s leading encrypted messaging platforms, has once again found itself at the center of a heated privacy debate. In a bold move that could significantly alter its operations in Europe, Telegram CEO Pavel Durov has issued a stark warning to the European Union (EU), threatening to exit the region over proposed legislation that could mandate the …
• 22 April

  Coinbase CLO Presses SEC for ETH2.0 Docs, Demands Clarity on “Ecosystem” Test

  

  Coinbase’s Chief Legal Officer (CLO), Paul Grewal, has raised significant concerns regarding the SEC’s handling of crucial documentation related to Ethereum 2.0 (ETH2.0) and the ongoing regulatory uncertainty surrounding crypto assets. In a public statement, Grewal pressed the U.S. Securities and Exchange Commission (SEC) to release important ETH2.0-related documents that have been withheld, citing the need for transparency and clarity …
• 22 April

  CFTC Seeks Public Feedback on Crypto-Style 24/7 Derivatives Trading

  

  The U.S. Commodity Futures Trading Commission (CFTC) has announced that it is seeking public input on the potential development of a 24/7 crypto-style derivatives market. This move comes as the CFTC explores the possibilities of allowing round-the-clock trading for cryptocurrency derivatives, a market model that has been successfully implemented in the cryptocurrency space but is yet to gain widespread acceptance …
• 22 April

  Circle, BitGo Race for U.S. Bank Charters, While Anchorage Leads the Way

  

  As the U.S. cryptocurrency landscape continues to evolve, Circle and BitGo, two major players in the digital asset space, are racing to secure U.S. bank charters, a coveted license that could provide them with the regulatory clarity and legitimacy needed to operate at the highest levels of finance. However, as they pursue this ambitious goal, Anchorage, the only current holder …
• 22 April

  Deutsche Bank and Standard Chartered Set Sights on U.S. Crypto Expansion

  

  In a strategic move that highlights the growing mainstream acceptance of cryptocurrency, two of the world’s largest financial institutions—Deutsche Bank and Standard Chartered—are making significant strides towards expanding their presence in the U.S. crypto market. Both banks are positioning themselves to capitalize on the rapid growth of the digital asset space, marking a pivotal moment for the convergence of traditional …
• 22 April

  Paradigm to US SEC: ‘First, Do No Harm’ in Addressing MEV Concerns

  

  In the evolving landscape of cryptocurrency and decentralized finance (DeFi), Miner Extractable Value (MEV) has emerged as a critical topic of discussion. As regulators like the U.S. Securities and Exchange Commission (SEC) begin to examine and regulate the crypto market more closely, one prominent player in the crypto space, Paradigm, has sent a clear message: when addressing MEV, “First, Do …
• 22 April

  Blockchain Fuels $25B Decentralized AGI Revolution, Protecting Innovation From Big Tech

  

  The world of artificial general intelligence (AGI) is on the cusp of a revolution, driven by the innovative capabilities of blockchain technology. With a massive $25 billion investment backing the movement, decentralized AGI has the potential to reshape industries, democratize AI, and, most importantly, shield innovation from the monopolistic control of big tech companies. In recent years, AGI — the …
• 20 April

  Cracks in the Crypto Shield: Bitcoin’s Safe-Haven Image Fades

  

  Once hailed as “digital gold,” Bitcoin’s reputation as a reliable safe-haven asset is facing renewed scrutiny. According to a recent analysis by JPMorgan, the cryptocurrency is showing signs of losing its traditional appeal as a hedge during periods of economic uncertainty. While Bitcoin has often been viewed as a store of value akin to gold — especially in times of …