Cryptocurrency News

4 April

Ripple’s RLUSD Quietly Nears $250M — Is It Gunning for USDT’s Throne?

Ripple’s stablecoin, RLUSD, is quietly gaining serious traction — with its market cap closing in on the $250 million mark. While it hasn’t made waves in the headlines just yet, the numbers suggest Ripple may be positioning RLUSD as a major contender in the stablecoin arena — and possibly a future rival to USDT. Though still far behind market giants …

4 April

Binance’s CZ Backs AI Agents That Deliver – Especially in Crypto Markets

Changpeng “CZ” Zhao, the founder and former CEO of Binance, is calling on developers to shift focus from flashy AI demos to practical, profit-generating agents — with crypto trading as one of the most compelling early applications. In a recent social media post, CZ emphasized the need for “utility-first” AI agents, arguing that many current AI efforts are long on …

4 April

Mitsubishi UFJ on the Brink of Launching Japan’s First Regulated Stablecoin

Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG), is reportedly nearing the launch of the country’s first fully regulated stablecoin, marking a pivotal step in Japan’s digital finance evolution. Sources close to the matter indicate that the stablecoin could debut within the coming months, backed 1:1 by Japanese yen and operating under Japan’s newly established regulatory framework for stable digital …

4 April

Genius Group Hit with Trading Ban: NY Court Blocks Stock and Crypto Activity

In a significant legal development, a New York court has issued an order barring Genius Group from trading its stocks and holding cryptocurrencies, including Bitcoin. The ruling adds a new layer of scrutiny to the embattled education and edtech firm, which has recently faced mounting regulatory and legal pressure. Court Issues Broad Trading Restrictions The temporary injunction, handed down by …

4 April

Illinois Backs Off: Coinbase Staking Lawsuit Dropped Amid Growing Trend

Illinois has officially dropped its lawsuit against Coinbase over the exchange’s staking services, becoming the latest in a string of U.S. states to walk back legal action tied to the controversial crypto practice. The move signals a broader shift in how state regulators may be recalibrating their stance on staking-as-a-service offerings, especially as the legal landscape around digital assets continues …

4 April

BNY Mellon Unveils Blockchain Accounting Platform with BlackRock as First Client

In a major move bridging traditional finance and blockchain technology, BNY Mellon has launched a new blockchain-based accounting tool — and asset management giant BlackRock is the first to sign on. As institutional adoption of blockchain accelerates, legacy financial players are moving from exploration to execution. BNY Mellon, the oldest bank in the United States and a major custodian of …

4 April

Brazil’s Crypto Boom: Nearly Half of Investors Take the Plunge

A new survey reveals that 42% of Brazilian investors have already purchased cryptocurrencies, signaling a significant shift in the nation’s financial landscape. As digital assets gain momentum worldwide, Brazil is quickly emerging as a hotbed for crypto adoption. According to a recent survey conducted by [Insert Source], nearly half of Brazilian investors have bought cryptocurrencies, making the country one of …

4 April

Crypto Slides on Trump Tariff News — Bearish Momentum Builds: CryptoQuant

Crypto markets stumbled sharply following former President Donald Trump’s announcement of renewed tariff plans, with analysts warning that the bearish pressure could persist in the near term. According to data analytics firm CryptoQuant, the market is now showing strong bearish signals across multiple indicators — from exchange inflows to miner selling behavior — in the wake of Trump’s comments that …

4 April

Senate Banking Committee Backs Paul Atkins for SEC Chair in Tight 13–11 Vote

In a closely divided vote, the Senate Banking Committee has approved the nomination of Paul Atkins to chair the U.S. Securities and Exchange Commission (SEC), setting the stage for a potentially contentious full Senate confirmation. Atkins, a former SEC commissioner and longtime advocate for lighter regulatory touch, secured the committee’s backing with a narrow 13–11 vote, largely along party lines. …

3 April

Russia Grants Bailiffs Power to Seize Criminals’ Bitcoin for State Funds

Russia has introduced new regulations allowing bailiffs to confiscate cryptocurrency from convicted criminals and convert it into state revenue. The move marks a significant step in the country’s approach to digital assets, reinforcing the government’s control over crypto-related activities while integrating digital currencies into its legal and financial systems. How the New Law Works Under the updated enforcement rules, Russian …