The Technology Working Group of the UK's Treasury has released a report expanding on the potential applications of fund tokenization.

https://coinmarketcap.com/alexandria/article/uk-treasury-publishes-report-encouraging-firms-to-explore-tokenization

Anthropic, an AI startup, has decided to exclude investors from Saudi Arabia in its latest financial endeavor. The company is currently in the process of selling a stake previously owned by the now-defunct cryptocurrency exchange FTX.

https://coingape.com/ai-firm-anthropic-excludes-saudi-buyers-for-ftx-stake-deal/

In the past year, competition within the centralized exchange (CEX) track has witnessed a new trend. With the emergence of various narratives such as Inscription, BRC-20, and Re-Staking, wallet-centered asset management services have become a new battleground among CEXs. Major CEXs have successively entered the fray, engaging in fierce competition.

https://invezz.com/news/2024/03/20/bybits-keyless-wallet-aims-to-bolster-the-security-of-wallet-services/?utm_source=snapi

The meme coins frenzy has made a great comeback with Shiba Inu (SHIB) and Dogwifhat (WIF) breaking records. Moreover, crypto analysts have provided a positive outlook for popular meme coins.

https://coingape.com/trending/top-5-meme-coins-with-100x-potential-in-2024/

Decentralized lending protocols' total value locked has exceeded $30 billion for the first time since mid-2022.

https://www.theblock.co/post/279775/decentralized-lending-tvl-30b-usd

Yuga Labs, the creator of the beloved Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, has announced a significant change in partnership preferences with NFT marketplaces. The company has adopted an open stance, partnering solely with platforms that respect the creator's right to payment of royalties.

https://coingape.com/yuga-labs-to-support-only-royalty-respecting-nft-platforms/

As reported by Bloomberg, U.S. prosecutors are looking to reach a plea agreement in the Binance case initiated by the Department of Justice (DOJ).

https://u.today/binance-case-nearing-resolution-us-prosecutors-push-for-plea-deal-in-new-move?utm_source=snapi

TL;DR MEXC surpasses Binance in liquidity: The Singapore-based crypto exchange has seen a huge increase in its trading volume and market depth, especially for altcoins. MEXC offers diverse and attractive crypto opportunities: The platform supports over 1800 crypto assets, including early-stage investments, and has a flexible KYC process for users.

https://crypto-economy.com/mexcs-liquidity-skyrockets-surpassing-binance-but-whats-the-catch/

The Spanish Ministry of Finance, under the leadership of María Jesús Montero, is actively pursuing legislative reforms to strengthen its control over the monitoring of cryptocurrencies within the country. The focal point of these reforms is Article 162 of the General Tax Law, where amendments are being developed to empower the Spanish Tax Agency.

https://www.cryptopolitan.com/spains-finance-strengthens-crypto-new-law/

Binance cryptocurrency exchange has announced a substantial increase in its annual spending on compliance measures. This decision marks a pivotal shift in the company's approach to compliance, reflecting a deeper integration of regulatory norms within its operational framework.

https://coingape.com/binance-raises-compliance-budget-by-35-prepares-for-zhaos-fate/

Today's crypto landscape is as dynamic as ever, with significant developments from Germany's massive Bitcoin seizure to Coinbase's new conversion fees, and the evolving tide of Bitcoin ETFs. In the constantly shifting world of cryptocurrencies, staying informed is not just a necessity; it's an adventure.

https://www.cryptopolitan.com/crypto-recap-of-todays-noteworthy-events/

The results revealed a trend of optimism, exclusive engagement with crypto assets, surging adoption, growing trust, and increasing utility.

https://cryptopotato.com/73-of-european-residents-are-confident-in-cryptos-future-survey/

FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers' accounts have been in limbo since the cryptocurrency exchange collapsed in November 2022.

https://www.pymnts.com/cryptocurrency/2024/ftx-amasses-4-4-billion-stockpile-as-customers-await-repayment/?utm_source=snapi

Goldman Sachs-backed Elwood, which provides crypto trading access for institutional clients, has received FCA approval in the UK.

https://www.theblock.co/post/274423/alan-howard-elwood-fca-approval

A recent blockchain analytics firm Chainalysis report debunked prevailing narratives about cryptocurrency's association with illicit activities. The study reveals that the vast majority, approximately 99.6%, of cryptocurrency transactions are used for legal purposes.

https://www.cryptopolitan.com/cryptocurrency-crime-decreases-challenging/