Technology
Legal
Nigerian court postpones Binance tax evasion trial to April 30
The court granted the adjournment to enable the Nigerian Federal Inland Revenue Service to respond a Binance motion on the case.
Banking
Bank of Canada assesses flash loans relevance in latest study
Although contagion risks are deemed plausible, the study recognizes flash loans' relevance for policymakers.
Investments
Bitcoin-native startups see funding boost despite overall capital decline in 2024
Despite a decline in total capital, early-stage Bitcoin-native startups attracted increased venture interest in 2024.
Regulation
SEC holds meetings with BlackRock, Crypto Council to discuss crypto ETF rules
Among the topics discussed in meetings conducted this week, the SEC heard arguments on in-kind redemptions and staking for crypto ETPs.
Adoption
Changpeng Zhao signs MoU to boost blockchain growth in Kyrgyzstan
CZ and Kyrgyz President Sadyr Zhaparov noted that the effort as a foundation for long-term cooperation and technological integration.
RWA
BlackRock’s BUIDL fund pays $4.17M dividends in March, surpasses $25M in total payout
The dividends paid in March are nearly double the previous all-time high of $2.1 million, registered in July 2024.
Adoption
Fidelity launches zero-fee crypto retirement accounts with exposure to Bitcoin, Ethereum and Litecoin
Fidelity's crypto IRA offers US investors tax-advantaged exposure to top digital assets with no maintenance fees.
Stablecoins
RLUSD joins Ripple Payments platform amid 118% monthly growth
RLUSD closed March with nearly $200 million in market cap and $720 million in monthly transfer volume.
Crypto
Democrat lawmakers press SEC for records on Trump family-backed World Liberty Financial
The letter seeks nine categories of information, including any internal communications regarding Trump’s involvement in crypto and records concerning World Liberty Financial’s USD1 stablecoin.
Stablecoins
FDUSD issuer refutes Justin Sun’s insolvency allegations, calls it a ‘smear campaign’
Crypto industry executives also highlighted how the episode could significantly impact Binance, the largest FDUSD holder.
ETF
Grayscale seeks ETF status for multi-asset fund with S-3 form filing
The final deadline for a SEC decision on the GDLC conversion is set to July 2.
Legislation
House Committee to review STABLE Act amid controversy over yield-bearing stablecoins ban
The markup could discuss an amendment on the prohibition regarding yield-bearing stablecoins.