Google Play blocks access to 17 unregistered exchanges in South Korea
Google Play implemented access restrictions to 17 unregistered overseas crypto exchanges catering to local users in South Korea at the request of the country’s regulators. On March 21, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission (FSC) said it was considering sanctions against operators that did not report to the relevant […]
Ethereum devs prepare final Pectra test before mainnet launch
Ethereum developers are under pressure as the Pectra upgrade rolls out to a new testnet following several unexpected issues that have delayed its deployment to the mainnet. The Pectra upgrade, which was expected to hit the Ethereum mainnet in March, was deployed into the network’s Holesky testnet on Feb. 24. However, the upgrade failed to […]
Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’
Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 […]
Google releases new AI model as ChatGPT retains 43% market share
Google introduced Gemini 2.5, its latest experimental artificial intelligence model; it ranked second in a competitive leaderboard for AI-driven web development tools. On March 25, Google announced that it will allow developers to try out Gemini 2.5 Pro. The company described it as a thinking model, capable of reasoning through thoughts before responding. Google said […]
SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi
The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21. The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto […]
North Carolina bills would add crypto to state’s retirement system
North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin. The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state’s […]
IMX surges 15% after Immutable says SEC ended probe
The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action. The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm […]
Custodia and Vantage Bank partner for ‘first bank-issued stablecoin’
The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain. Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance, transfer and redemption of the stablecoin “Avit” on Ethereum via the ERC-20 token standard. […]
Crusoe to sell Bitcoin mining business to NYDIG to focus on AI
Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC) mining operation, including its digital flare mitigation business, to […]
Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up’ unlikely
Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days. Ether (ETH) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according to CoinGlass data. Meanwhile, Bitcoin […]