Category: crypto

China retaliates to Trump’s tariffs with a 125% tariff on all American goods. Despite losing the U.S. market, China remains confident in surviving and thriving without the U.S. President Trump’s tariffs have led to market losses, pushing countries closer to China. Bitcoin is seen as a market hedge amidst geopolitical tensions.

US Senators Tillis and Hickenlooper reintroduced the PROOF Act to prevent digital asset custodians from mixing customer funds with institutional or proprietary capital. The bill mandates monthly third-party inspections of custodial reserves to prevent failures like the collapse of FTX. Non-compliance would lead to civil penalties, aiming to ensure transparency and security.

The 2025 State of Crypto Holders Report found that 55 million US adults own crypto, with 76% saying it has improved their lives. The survey, conducted by The Harris Poll, showed a diverse demographic range of holders, with increasing ownership across all income levels. Respondents also expressed interest in education and support for regulation.

The Bank of England’s Financial Policy Committee raised concerns about the risks stablecoins pose to UK financial stability due to poor oversight and asset backing. They are developing regulatory regimes to ensure stablecoins can meet redemption requests and maintain parity in volatile markets. The committee also highlighted concerns about asset quality and foreign denomination of…

Standard Chartered, OKX, and Franklin Templeton have launched a pilot trading platform for institutional clients to use crypto and tokenized money market funds as collateral. Brevan Howard Digital is one of the first firms to participate. The program operates within the Dubai VARA framework and aims to meet institutional security and regulatory standards.

Long-term investors are increasing their holdings amid market stress, while short-term sellers are reacting by selling off their assets. This trend suggests confidence in the long-term prospects of the market despite current fluctuations.

US Democratic lawmakers, led by Senator Elizabeth Warren, criticized the DOJ for disbanding the National Cryptocurrency Enforcement Team, expressing concerns about the impact on combating digital asset-related criminal activity. Despite the DOJ’s explanation of refocusing on individual offenders, lawmakers argue that dismantling the NCET could weaken enforcement against threats like sanctions evasion and drug trafficking.…

BlackRock, the world’s largest asset manager, reported $3 billion in digital asset inflows in the first quarter of 2025 despite crypto market volatility. Total net flows reached $84 billion, with strong performance from iShares ETFs. CEO Larry Fink highlighted the firm’s best start since 2021. Despite challenges, BlackRock’s Bitcoin and Ethereum ETFs were successful, driving…

Solana-based token launchpad Pump.fun has resumed its livestreaming feature after implementing new moderation rules and enforcement mechanisms to prevent misuse. Livestreaming was suspended in 2024 due to abuse. The relaunch includes industry standard moderation systems and transparent content guidelines. Violations can result in livestream termination or account suspension.

SEC acting chairman Mark Uyeda proposed a conditional regulatory sandbox for blockchain-based securities trading during a roundtable on crypto trading platforms. He suggested a time-limited framework to support innovation while maintaining oversight. Uyeda acknowledged challenges in integrating blockchain into traditional securities markets and called for input on implementing exemptive relief effectively.