Category: crypto

Vietnam is planning to tighten restrictions on overseas cryptocurrency trading to bring more activity under domestic oversight. The country’s finance ministry is drafting rules to prevent locals from trading on foreign platforms to curb capital outflows. Five firms, including affiliates of major banks, have qualified for a pilot licensing program for domestic crypto exchanges.

OpenSea has postponed the launch of its native token, SEA, due to challenging market conditions. The token was expected to be released on March 30 but no new timeline has been announced. The delay comes as NFT market capitalization has dropped by more than 50% since the beginning of the year. The SEA token is…

Argentina has blocked prediction market platform Polymarket nationwide due to concerns about illegal gambling, risks associated with crypto payments, and lack of identity verification. The platform was found to operate outside the legal gambling framework, leading authorities to enforce the ban with the help of ENACOM, Google, and Apple. This decision follows complaints from local…

US spot Bitcoin ETFs have seen six consecutive days of inflows, totaling $962.8 million since March 9. BlackRock and Fidelity products are leading the charge. Bitcoin’s safe-haven positioning and concerns over global inflation are driving institutional demand. Rumors of US-Iran de-escalation are also contributing to Bitcoin’s recovery above $74,000.

DeFi Education Fund and Beba drop their lawsuit against the SEC as regulatory signals soften on airdrops. The lawsuit was a pre-enforcement challenge filed in 2024, but under new leadership, the SEC has taken a more accommodating stance toward the crypto sector. The plaintiffs can refile the case if needed.

The U.S. Securities and Exchange Commission is proposing to limit Rule 15c2-11 to equity securities, reversing a broader interpretation from 2021 that included crypto assets. This proposal aims to clarify confusion around how the rule applies, with a 60-day public comment period open for feedback on the rule’s scope and application to crypto assets.

Lido introduces IDVTC design allowing solo stakers to form DVT clusters, reducing collateral needs and increasing Ethereum validator security and staking yields. Four verified stakers form a DVT-backed cluster, reducing risk. Launching with CSM v3 in 2026, Lido aims to compete with restaking and LST platforms based on resilience.

Metaplanet raised $255 million through a private share placement at a 2% premium with fixed-strike warrants at a 10% premium, potentially totaling $531 million. The innovative strategy monetizes equity volatility into Bitcoin accumulation, aiming to become “Japan’s MicroStrategy” with a yen hedge. The move is seen as a response to currency debasement.

A trader made $10 million this month on SOFR options linked to Fed policy, betting on higher rates due to oil-driven inflation. This shows where real money is is made upstream of crypto, impacting treasury yields and revaluing options surfaces. It highlights the importance of understanding Fed policy and market dynamics.

HIVE Digital is winding down Bitcoin mining in Sweden due to hostile tax rules and expanding AI data-center capacity in Canada. The company is shifting from Bitcoin mining to AI and HPC services, trading volatile block rewards for steady data-center revenue. This move aims to reduce regulatory risks and increase profitability.