Crypto M - Crypto News

🚀 Solana Ecosystem's Meme Coin Neet Sees Significant Surge On April 13, the Solana ecosystem's meme coin, Neet, experienced a substantial increase in market value, reaching $40 million, according to BlockBeats. The current price stands at $0.039, marking a 40% rise over the past 24 hours. Previously, on February 12, the market value of Neet had fallen below $7 million before rebounding and showing a steady upward trend in recent times. #Solana#memeCoin#Neet#cryptocurrency#marketSurge#blockchain#cryptoRise#digitalAssets#cryptocurrencyMarket#SOL

🚀 South Korea Considers Including Digital Assets in Pension Calculations South Korea's Audit and Inspection Board has recommended changes to the country's pension system to include digital assets in the calculation of basic pension eligibility. According to ChainCatcher, the board's report highlights the economic value of digital assets, which are currently excluded from the property scope defined by the basic pension law. This exclusion allows individuals with substantial digital assets to qualify for pension benefits. The board argues that digital assets should be recognized as property with clear economic value, despite their differing form from traditional financial assets. The Ministry of Health and Welfare agrees with this assessment, acknowledging the need to prevent relatively high-income individuals from the lower 70% income bracket from receiving basic pension benefits. The ministry supports the inclusion of digital assets in the property calculation for pension eligibility. #SouthKorea#DigitalAssets#PensionSystem#EconomicValue#FinancialPolicy#BasicPension#MinistryOfHealthAndWelfare#Blockchain#WealthManagement

🚀 Expert Calls for Clearer Governance in Crypto Industry by 2026 Valentina Drofa emphasized the need for clearer governance, verifiable disclosures, and accountable leadership in the cryptocurrency industry to shed its 'Wild West' image by 2026. According to NS3.AI, Drofa pointed to the European Union's Markets in Crypto-Assets (MiCA) regulation and the Directive on Administrative Cooperation (DAC8) as indicators that trust standards for crypto companies are becoming more structured. #Crypto#Cryptocurrency#Governance#Regulation#MiCA#DAC8#Blockchain#Fintech#Compliance#DigitalAssets

🚀 Hong Kong's Cautious Approach to Digital Asset Licensing Hong Kong's Financial Secretary, Paul Chan, has outlined a cautious strategy for issuing digital asset licenses. According to Foresight News, Chan emphasized a 'small steps, quick progress' approach, initially granting a limited number of licenses. The focus is on practical application scenarios, with plans to evaluate experiences before issuing a second batch. Chan highlighted that stablecoins and digital assets represent financial innovation, requiring encouragement for breakthroughs. However, he stressed the importance of maintaining security and implementing mechanisms to prevent money laundering, necessitating appropriate regulation. While stablecoins offer benefits such as decentralization and high efficiency, Chan noted they should be viewed as payment tools rather than investment instruments. #HongKong#DigitalAssets#FinTech#Stablecoins#FinancialRegulation#CryptoLicensing#Innovation#AML#PaymentSystems

🚀 U.S. Senator Cynthia Lummis Advocates for Digital Asset Industry Inclusion U.S. Senator Cynthia Lummis has expressed her support for integrating the digital asset industry into the regulatory framework. According to Foresight News, Lummis tweeted that the previous administration had excluded the digital asset sector, but now is the time to welcome it with clear regulations. She emphasized the importance of the CLARITY Act in achieving this goal. #USSenator#CynthiaLummis#DigitalAssetIndustry#RegulatoryFramework#ForesightNews#CLARITYAct#DigitalAssets#Regulation

🚀 JPMorgan to Extend Tokenization Platform to Canton Network via Kinexys JPMorgan is set to enhance its tokenization platform by supporting its JPM deposit token on the Canton Network this year through Kinexys. According to NS3.AI, this initiative is linked to a network that handles $350 billion in daily U.S. repo settlements. The move aims to integrate JPMorgan's tokenization capabilities with the Canton Network, potentially streamlining financial processes and enhancing efficiency in settlement operations. #JPMorgan#Tokenization#CantonNetwork#Kinexys#Finance#Settlement#Blockchain#DigitalAssets#Efficiency

🚀 Expert: Bitcoin's Stability Amid U.S.-Iran Conflict Highlights Its Potential Anthony Pompliano highlighted Bitcoin's role as a beacon of hope during the U.S.-Iran conflict. According to NS3.AI, Pompliano noted that while stocks, bonds, and gold experienced sell-offs, Bitcoin remained stable or even rose slightly. He emphasized that Bitcoin's lower volatility and neutrality could bolster investor demand during times of geopolitical uncertainty. #Bitcoin#Cryptocurrency#Geopolitics#USIranConflict#FinancialStability#InvestorDemand#MarketVolatility#DigitalAssets#BTC

🚀 CMDSS Employee Accused of Misappropriating $46 Million in Seized Digital Assets A federal indictment has been filed against John Daghita, an employee of CMDSS, accusing him of transferring approximately $46 million in seized digital assets from U.S. Marshals Service (USMS) wallets to wallets under his control. According to NS3.AI, Daghita was apprehended by French Gendarmerie officers on March 4 in Saint Martin. Prosecutors allege that these unauthorized transfers took place in December and January. The case has reignited concerns previously raised by the Department of Justice (DOJ) inspector general and industry participants regarding the vulnerabilities in the USMS's crypto custody controls, procurement processes, and audit systems. These issues highlight the need for improved security measures and oversight in handling digital assets. #CMDSS#JohnDaghita#USMS#digitalassets#crypto#seizedassets#fraud#misappropriation#federalindictment#FrenchGendarmerie#NS3AI#DOJ#cryptosecurity#vulnerabilities#audit#procurement#oversight

🚀 Tok-Edge Plans Institutional Crypto Hedge Fund with $100 Million Target by 2026 On April 12, digital asset financial services company Tok-Edge announced its intention to launch a crypto hedge fund aimed at institutional investors. According to BlockBeats, the fund seeks to raise $100 million in its first round by 2026, with a long-term goal of establishing a compliant infrastructure for institutional crypto asset allocation. The initial fund size is set at $21 million. Veteran traditional finance investor Marcus Meijer and his investment alliance are backing the fund, with plans to contribute $10 million as cornerstone investors. #TokEdge#cryptohedgefund#institutionalinvestors#digitalassets#cryptoinvestment#MarcusMeijer#investmentfund#blockchain#crypto

🚀 European Banks Advance in Stablecoin Rollouts Amid Regulatory Changes European banks and corporations have progressed from educational initiatives to selecting partners for stablecoin rollouts over the past 18 months, according to Taurus co-founder Lamine Brahimi. According to NS3.AI, Brahimi noted that the Markets in Crypto-Assets (MiCA) regulation has facilitated this shift by replacing fragmented national rules with a unified framework. Some companies with board-level approval are preparing to launch their stablecoin projects. Konstantin Vasilenko highlighted a significant increase in USDC volume on Paybis within the European Union, rising approximately 109% between October 2025 and March 2026. This surge is attributed to growing demand for stablecoins in settlement and treasury operations. #EuropeanBanks#Stablecoin#CryptoRegulation#MiCA#USDC#DigitalAssets#FinTech#TreasuryOperations#CorporateFinance#Blockchain

🚀 Morgan Stanley Explores Tokenized Money-Market Fund After Bitcoin ETF Launch Morgan Stanley, managing $9.3 trillion in client assets, is considering launching a tokenized money-market fund following its recent introduction of a spot Bitcoin ETF. According to NS3.AI, Amy Oldenburg from Morgan Stanley highlighted the bank's interest in tax-loss harvesting for digital assets through its subsidiary, Parametric. Data from Farside Investors indicates that the new Bitcoin ETF has attracted approximately $46 million in net inflows since its launch on Wednesday. Additionally, Morgan Stanley submitted applications in January for ETFs linked to Ethereum and Solana. #MorganStanley#TokenizedMoneyMarketFund#BitcoinETF#DigitalAssets#TaxLossHarvesting#EthereumETF#SolanaETF#Parametric#NS3AI#FarsideInvestors#CryptoInvesting#BTC#ETH#SOL

🚀 Bhutan's Bitcoin Mining Activities May Have Slowed Amid Economic Pressures Bhutan may have halted or reduced its Bitcoin mining operations after selling 70% of its Bitcoin holdings. According to Foresight News, this move contrasts with other major institutions and sovereign nations that are increasing their cryptocurrency and gold reserves. Bhutan's hydropower is reportedly being redirected to supply electricity to neighboring India rather than being used for Bitcoin mining. Economic pressures, along with declining Bitcoin prices, increased network difficulty, and halving pressures, are squeezing mining profitability. As of now, Druk Holding and Investments, the sovereign wealth fund managing Bhutan's Bitcoin assets, has not publicly commented on any asset transfers or the status of its mining operations. #Bhutan#Bitcoin#Cryptocurrency#BitcoinMining#Hydropower#EconomicPressure#SovereignWealthFund#MiningProfitability#India#DigitalAssets