Stablecoins
ETF
BlackRock’s Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months
The amount of IBIT shares raised by 91% between quarters, totaling a $47.4 million Bitcoin exposure.
Stablecoins
House introduces revised stablecoin legislation with compliance measures and developer protection
The March 26 version of the STABLE Act expands on rules drafted in its February version.
Tokenization
Pi Network’s native token falls 73% from ATH amid rising supply
Pi Network will issue over $82 million worth of PI tokens over the next 30 days, according to on-chain data.
Debt
GameStop unveils $1.3B notes offering to fund Bitcoin acquisition, corporate expansion
GameStop will replicated the Bitcoin accumulation method popularized by Strategy.
Stablecoins
Wyoming unveils first state-issued stablecoin called WYST, set to launch in July
The stablecoin is available on seven testnets in its testing phase, powered by LayerZero's interoperability infrastructure.
Regulation
Crypto firms urge Congress to rein in DOJ’s interpretation of money transmission laws
A joint letter sent by 34 crypto firms urges the Congress to prevent the DOJ stance from causing a "chilling effect on open-source development in the US."
Stablecoins
Fidelity confirms stablecoin testing but no plans to launch yet
The asset manager recently filed for a tokenized fund, following other traditional finance giants such as BlackRock and Franklin Templeton.
Stablecoins
Andre Cronje teases algorithmic stablecoin on Sonic with projected 19%+ APY
The new stablecoin could be launched within the next five weeks, potentially based on a dynamic incentive system.
Crypto
CME Group launches tokenization pilot powered by Google Cloud’s blockchain infrastructure
CME Group CEO highlighted push for regulatory clarity as the main driver for the tokenization initiative.
Regulation
Congress moves to overturn IRS broker rule targeting DeFi platforms, potential Trump signing on March 28
Following a successful overturn in early March, the rule returns to the Congress for a final vote.
Investments
GameStop to add Bitcoin to treasury following unanimous board approval
GameStop shares jumped over 7% in the after-market following the announcement.
Crypto
Cboe files application to list Fidelity’s spot Solana ETF
Fidelity officially joined the race to offer the first spot Solana ETF in the US.
