Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Tether Invests in Axiym to Expand Global USDT Payment Infrastructure

Tether announces a strategic investment in fintech innovator Axiym to integrate USDT into regulated treasury and settlement infrastructures. Tether, the largest stablecoin issuer in the world, announced a strategic investment in Axiym on 5 March 2026. This partnership focuses on embedding USDT directly into Axiym’s distributed treasury and settlement infrastructure to enhance global financial access. […]

Kraken’s Tokenized Equities Platform Debuts Trading Engine to Eliminate Fragmentation

Kraken’s xStocks has launched Xchange, an onchain trading engine that bridges liquidity for over 70 tokenized equities across the Ethereum and Solana blockchains. Solving Liquidity Fragmentation in the RWA Space xStocks, a leader in the tokenized securities sector, has officially launched Xchange, an on-chain execution layer designed to bridge the liquidity gap between the Ethereum […]

South African Economist Flags Authoritarian Risks in CBDCs

Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to their “programmable” nature. The Authoritarian Risk South African economist Dawie Roodt warned that central bank digital currencies, or CBDCs, could become instruments of authoritarian control if governments exploit their programmable features. Speaking at a recent […]

Seattle Court Sentences Former CFO for Unauthorized $35M Cryptocurrency Gamble

Nevin Shetty, the former senior executive of startup Fabric, has been sentenced to two years in prison for a $35 million wire fraud scheme involving a high-risk cryptocurrency gamble. A Secret Side-Business A former chief financial officer’s (CFO) attempt to turn his employer’s treasury into a personal cryptocurrency “ yield farm” has ended in a […]

Axi, Plus500, IG, and More: Executive Moves of the Week

Axi names new Regional Head for UK, EU, LATAMThis week delivered a fresh wave of senior management moves. Axi has named Andrea Rebusco Regional Head for the UK, EU and LATAM, expanding its senior management coverage in these regions. His remit spans the broker’s activities across the three markets.Rebusco previously served as Managing Director of Retail Brokerage at oil-derivatives liquidity provider Onyx Capital Group. Earlier in his career, he held the role of Head of Brokerage at Moneyfarm.Le

Grok, Claude, Qwen, ChatGPT, and More: 9 AI Models Predict Bitcoin’s Next Price Path

While bitcoin has drifted sideways this week, we turned to some of today’s leading artificial intelligence (AI) models to weigh in on where the asset may head next. Will the crypto asset fall below its 2026 low? Or will it reclaim the $100,000 mark in the near term? Nine AI models lay out their expectations. […]

US Judge Throws out Lawsuit Against Binance and CZ Over Claims of Funding Linked to Violent Attacks

A federal judge dismissed claims tying Binance and its founder Changpeng Zhao (CZ) to terrorist attacks, delivering a significant legal victory for the crypto exchange while leaving the door open for plaintiffs to refile with revised allegations. Federal Judge Tosses Claims Linking Binance to Terror Financing Legal disputes over cryptocurrency platforms continue to test the […]

Coinbase Opens 84 Countries to ‘Everything Exchange’ Ecosystem Through Integrated Decentralized Trading

Coinbase is accelerating its global crypto push, expanding its Everything Exchange vision as decentralized trading inside the Coinbase app opens to users across 84 countries, unlocking access to millions of onchain tokens beyond traditional exchange listings. Coinbase Pushes ‘Everything Exchange’ Vision Worldwide Coinbase CEO Brian Armstrong shared on social media platform X on March 6 […]

Ripple’s Global Payments Expansion Strengthens XRP’s Institutional Role

Ripple’s global payments network is rapidly expanding as financial institutions increasingly seek full-service blockchain infrastructure partners, positioning Ripple’s ecosystem and XRP liquidity framework at the center of next-generation cross-border finance. Ripple’s Expanding Payments Network Signals Rising XRP Adoption XRP’s role in institutional blockchain infrastructure is gaining momentum as Ripple expands its global payments network. Ripple […]

PBOC Governor: China Continues to Pursue Yuan Internationalization for Cross Border Payments

The People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient international currency for international settlements. Pan Gongsheng, Governor of the People’s Bank of China, reinforced that the institution is still promoting financial cooperation with the Global South. PBOC Governor: Yuan Internationalization Still an Objective for China China […]

Refusing new IRS crypto tax forms could cost you your exchange account

Log in to Coinbase next tax season, and your tax documents might no longer arrive by mail.Under a new IRS proposal, crypto exchanges could be required to file Form 1099-DA electronically. This form reports digital asset trades, and could refuse to do business with customers who decline to provide it.The comment period closes May 5, and if finalized, the rule would shift crypto tax reporting from the mailbox to the platform.This is not a tax cut or a rollback of reporting requirements. Brokers st

Binance Pushes Back on Senate Inquiry, Calls Allegations ‘False and Defamatory’ in Formal Response

Binance pushes back against U.S. scrutiny, outlining a sweeping compliance system, thousands of law-enforcement collaborations, and aggressive monitoring tools as it challenges allegations that the world’s largest crypto exchange failed to police illicit activity. Binance Counters Congressional Concerns, Says Investigations Triggered Account Removals and Risk Controls Crypto exchange Binance issued a formal response to a […]

Liquid crypto funds have a DeFi problem nobody talks about

The following is a guest post and guest post from Thomas Pratter, Founder and CEO at Renesis.Liquid crypto funds are having a moment. The number of actively managed vehicles keeps growing, DeFi strategies are gaining legitimacy, and regulatory clarity is slowly catching up. Institutional allocators are paying closer attention than ever.But behind the optimism sits a less glamorous truth: most fund managers are still running their operations on duct tape.The Spreadsheet ProblemAsk any emerging fu

The World’s Largest Asset Managers Hold MSTR: Strategy Highlights Massive Institutional Bitcoin Exposure

Massive institutional exposure to Strategy stock underscores Wall Street’s deepening link to bitcoin as trillion-dollar asset managers quietly accumulate shares tied to the largest corporate bitcoin treasury. Vanguard, Blackrock, and Global Funds Accumulate Shares as World’s Largest Asset Managers Hold MSTR Strategy (Nasdaq: MSTR), the largest corporate holder of bitcoin, shared on social media platform […]

$875B in property debt is due soon — and regional banks may be the weak link Bitcoin is watching

A large volume of US commercial real estate (CRE) debt is rolling into a very different market from the one that produced it.The Mortgage Bankers Association says $875 billion of commercial and multifamily mortgages are scheduled to mature in 2026, equal to 17% of the roughly $5 trillion of outstanding balances it tracks.While that's below the $957 billion that was due in 2025, it's still a massive refinancing event landing in a world where borrowing costs are far higher than they were when many

Vancouver City Staff Rejects Bitcoin Treasury Idea Ahead of March 10 Council Vote

Vancouver city staff have recommended that council halt work on a motion exploring a municipal bitcoin reserve, concluding the cryptocurrency is not an allowable investment under the Vancouver Charter. Vancouver Council to Decide Fate of Bitcoin Reserve Proposal A March 2, 2026, report from Vancouver’s Finance and Supply Chain Management department determined that bitcoin cannot […]

Stablecoin Market Tops $313 Billion as Sky’s USDS Leads Weekly Gains

The stablecoin economy is once again scaling new heights, pushing past the $313 billion mark this weekend. Metrics from defillama.com show that Sky’s USDS posted the biggest percentage jump among the top ten fiat-pegged coins, climbing 8.5% over the last seven days. Stablecoin Sector Climbs Beyond $313 Billion Amid Steady Inflows The fiat-pegged token economy—largely […]

$19B could “vanish” from Bitcoin ETFs without a single Bitcoin being sold

Headlines about Bitcoin ETF outflows often mix two things: Bitcoin's price move and actual share redemptions.If BTC drops, ETF AUM drops in dollars even if nobody sells a single share. That mark-to-market drop gets read as money leaving, and it can look like an institutional exit when the wrapper's Bitcoin holdings and shares outstanding barely move.To understand whether investors are actually leaving, you have to separate the USD thermometer from the BTC and share-count thermometer.Related Read

Legal Storm Hits Kalshi as Traders Claim ‘Death Carveout’ Erased Their Winning Bets

Traders are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme leader sparked a payout dispute, igniting legal questions about how geopolitical event markets resolve outcomes and interpret rules. Traders Sue Kalshi, Claim Prediction Market Platform Uses ‘Death Carveout’ to Escape Massive Payouts Traders are challenging a prediction market platform after alleging […]