In a comment letter, the exchange proposed categorizing some digital assets as financial securities. Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter.  The exchange said the US...Continue Reading

The roundtable event on crypto custody marked one of the first times Paul Atkins spoke as the new chair of the SEC since being sworn in on April 21. In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third...Continue Reading

BlackRock’s BUIDL has the highest market cap of all tokenized treasury funds and accounts for 41% of the sector’s assets. New data from RWA.xyz, a platform tracking tokenized real-world assets, shows that six entities are responsible for 88% of all tokenized US Treasurys. The data suggests a concentration among a few funds as the market...Continue Reading

Bitcoin may be at its highest levels in nearly two months, but the odds of $100,000 returning remain slim, say commentators as sellers up pressure. Key points: Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March. BTC price action is making traders increasingly...Continue Reading

As Paul Atkins is sworn in as SEC chair, the crypto industry braces for a major shift in regulatory tone. What does his appointment mean for investor protection and the road ahead? The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and...Continue Reading

Six individuals allegedly defrauded investors out of $620,000 in Nigeria through falsely advertising the Crypto Bridge Exchange. A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange. According to an April 24...Continue Reading

SUI outperforms the bulk of the crypto market with a five-day winning streak, helped by the new Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership. Key takeaways:  SUI is up 23% in the past 24 hours and 73% weekly, outperforming top-cap cryptocurrencies. The launch of the Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership boosted...Continue Reading

Circle’s chief strategy officer and head of global policy, Dante Disparte, denied reports that the company is seeking a US federal bank charter. An executive at major stablecoin issuer Circle denied reports that the company is looking to obtain a US federal bank charter. In an April 25 X post, Circle’s chief strategy officer and...Continue Reading

Bitcoin adoption may accelerate after the US Federal Reserve eased restrictions on banks engaging in crypto activities, opening the door for institutional participation. Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency. On April 24, the Fed withdrew...Continue Reading

Blockchain job growth could exceed 1 million roles by 2030 amid regulatory clarity, scalability and AI integration, according to Bitget Research insights. The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030. Blockchain remains one of the smallest sectors in the tech...Continue Reading