UK Treasury Unveils Draft Cryptoasset Regulations, Seeks Feedback by May 2025

On April 29, 2025, the UK Treasury announced the release of a draft Statutory Instrument (SI) and a Policy Note detailing the UK’s upcoming financial services regulatory framework for cryptoassets, including stablecoins. Following proposals outlined in October 2023 and reaffirmed in November 2024, the draft SI establishes new regulated activities, such as operating cryptoasset trading … Read more

Germany Baden-Wuerttemberg CPI (MoM) climbed from previous 0.2% to 0.5% in April

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BlackRock Files To Launch Blockchain-Based Shares Of $150B Treasury Fund

BlackRock, the world’s largest asset manager, is moving deeper into blockchain technology with a new regulatory filing aimed at launching tokenized shares of its $150 billion Treasury Trust Fund. The filing, submitted to the US Securities and Exchange Commission (SEC) on April 29, outlines plans to offer digital shares using distributed ledger technology (DLT), a … Read more

PayPal Says SEC Drops Probe Into Its Dollar-Pegged Stablecoin

The US Securities and Exchange Commission (SEC) has officially ended its investigation into PayPal’s US dollar-pegged stablecoin, PYUSD, without taking any enforcement action, the payments company disclosed in a regulatory filing on April 29. The inquiry, which began in November 2023, followed a subpoena from the SEC’s Division of Enforcement requesting documents related to the … Read more

Circle taps Onafriq to cut Africa’s cross-border payment costs with USDC

Stablecoin issuer Circle has partnered with Onafriq, Africa’s largest payments gateway, to reduce the high cost of cross-border payments across the continent using USDC. According to a press release shared with Cointelegraph, Circle aims to pilot USDC (USDC) settlements within Onafriq’s vast network, which connects over 500 wallets and 200 million bank accounts in more … Read more

Ledger Scammers Turned to Physical Phishing To Steal Seed Phrases

Scammers have abandoned traditional phishing methods to use physical mail as their new tactic in attacks. Scam exploits the 2020 data breach that exposed over 270,000 users’ personal information. The security of Ledger hardware wallet users has come under threat because scammers are now sending deceptive mail letters demanding users disclose their vital seed phrases. … Read more