Uncategorized

Australia to Require AFSL for Crypto Platforms

Australia has passed legislation that will bring many digital asset platforms and tokenised custody platforms under the country’s financial services licensing regime. The Corporations Amendment (Digital Assets Framework) Bill 2025 has now cleared both houses of the Australian Parliament, according to parliamentary records, marking the biggest step yet in Canberra’s push to create a dedicated

Barr Urges Balanced Rules for Stablecoins Under GENIUS Act

US Federal Reserve Governor Michael Barr said Tuesday that clearer US stablecoin rules could speed the market’s growth, but warned that regulators still need to address money laundering risks, bank run risks and consumer safeguards as they implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Speaking at a Federalist Society event

DOJ Charges 10 Alleged Crypto Market Manipulators

Three crypto executives extradited from Singapore appeared in federal court in Oakland on Monday as US prosecutors expanded a wash-trading case that has now charged 10 foreign nationals tied to four crypto market-maker companies. The court appearances mark the latest step in a US crackdown on alleged wash trading in digital asset markets that began

US Spot Bitcoin ETFs See $500M Net Q1 Outflows

US spot Bitcoin exchange-traded funds (ETFs) finished the first quarter of 2026 with net outflows, even after March delivered the category’s first monthly inflows of the year. Spot Bitcoin (BTC) ETFs recorded $1.32 billion in March inflows, the first monthly gain of 2026 and the first since October 2025, according to SoSoValue. The inflows were

Fidelity: Bitcoin’s Latest Cycle Has the Mildest Drawdown Yet

Bitcoin (BTC) has declined by about 50% this market cycle, far less than in previous cycles, Fidelity Digital Assets said, adding this trend could continue over time.  Bitcoin’s post-all-time-high drawdowns have historically been steep, at about 80% to 90%, but this cycle has been about 50%, Fidelity Digital Assets research analyst Zack Wainwright said Tuesday.

Block Sees AI Replacing Middle Management

Block co-founder Jack Dorsey has shared his vision of a future workplace where artificial intelligence could take the role of middle managers, weeks after the company cut around 4,000 employees because of AI.  In a blog post on Tuesday, Dorsey and Block’s lead independent director, Roelof Botha, said AI can track projects, identify issues, assign

CFTC Warns Against Insider Trading in Prediction Markets

The US commodities regulator’s chief enforcement director sent a cautionary message to prediction market insider traders on Tuesday, vowing that violators will face enforcement action. “We are aware of the speculation about insider trading,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. “We are watching.” “There’s a myth

Mercado Libre Ends Mercado Coin Loyalty Token

Latin American e-commerce platform Mercado Libre is reportedly phasing out Mercado Coin, launched in August 2022, which offered cashback and other perks to users. According to a Reuters report on Tuesday, users must sell or spend their loyalty coin balances through the Mercado Pago app before April 17. If no action is taken, the balances

Moody’s Provisional Ba2 Rating for New Hampshire Bitcoin Bond

New Hampshire's new first-of-its-kind Bitcoin-backed US municipal bond is now one step closer to reality after being given a rating from Moody’s Investors Service on Tuesday.  In a statement on Tuesday, Moody's assigned New Hampshire's Bitcoin bond project a provisional Ba2 rating, which falls within the “speculative grade” category and indicates the bonds will have

Caltech: Fault-Tolerant Quantum Computers May Need Only 10k–20k Qubits

Researchers at the California Institute of Technology theorize that a functional quantum computer may require far fewer qubits than previously thought, making it feasible for the first quantum computer to be deployed before the end of the decade.  Caltech researchers, working with a Caltech-linked start-up, Oratomic, said that by reducing the errors that “riddle today’s
back to top