The Bank of Korea revealed it has no plans to stockpile Bitcoin in its foreign exchange reserves, citing concerns over its volatility.  This is the first time the country’s apex bank has publicly stated its position on digital assets, particularly regarding Bitcoin stockpiling.  The bank’s position stems from the volatility of the crypto market and…

Coinbase Derivatives has filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for natural gas (NGS) and Cardano (ADA).  As announced in a March 14 post on X, the company expects to launch these products on March 31, 2025, expanding its offerings in both traditional energy and cryptocurrency derivatives markets. We're…

Investment management firm VanEck has officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for its proposed VanEck Avalanche ETF, an exchange-traded fund (ETF) designed to track the price performance of AVAX, the native token of the Avalanche blockchain.  The filing marks a significant step toward expanding regulated investment opportunities in…

Changpeng Zhao (CZ) denies WSJ claims of negotiating a presidential pardon and sale of a Binance stake to a Trump-backed company.

European regulators are examining OKX’s involvement in laundering funds from a Bybit cyberattack as authorities scrutinize its Web3 service.

Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer blockchain-based payment services in the Dubai International Finance Centre (DIFC).  This milestone, announced on March 13, makes Ripple the first blockchain-enabled payments provider licensed by the DFSA, reinforcing its presence in the Middle East. The license also marks Ripple’s first regulatory approval…

Ripple has gained regulatory approval in Dubai, enabling cross-border crypto payments in the UAE, a key market for remittances.

The Capital Markets Board (CMB) of Turkey has enacted two new communiqués establishing regulatory frameworks for crypto asset service providers. These regulations, published in the Official Gazette on March 13, outline operational, financial, and governance requirements for firms operating in the cryptocurrency sector. The communiqués, part of the broader amendments introduced under the "Law on…

Bolivia’s state energy firm YPFB would pay for Energy imports using cryptocurrency amid biting dollar and Fuel scarcity.  The landlocked South American country is experiencing a steep slide in foreign currency reserves after years of reduced natural gas exports, a primary FX source.  A spokesperson told Reuters that YPFB is exploring using cryptocurrency to purchase…