BlackRock's planned tokenized fund launch will bring legitimacy to public blockchains such as Ethereum, according to analysts at research and brokerage firm Bernstein.

https://cryptodaily.co.uk/2024/03/blackrocks-tokenized-fund-brings-legitimacy-bernstein

The Philippines Securities and Exchange Commission (SEC) took decisive action to block the online presence of cryptocurrency exchange Binance in the country. What Happened: In mid-March, the Commission En Banc approved the filing of a formal request with the National Telecommunications Commission (NTC) to assist in blocking Binance's website and other web pages used by the exchange.

https://www.benzinga.com/markets/cryptocurrency/24/03/37924899/philippines-blocks-binance-over-unlicensed-operations-citing-investor-protection?utm_source=snapi

One of the largest ways in which institutions interact with financial markets is through foreign exchange. LMAX Group provides electronic trading opportunities for institutions as well as cryptocurrency trading.

https://www.benzinga.com/markets/cryptocurrency/24/03/37902134/lmax-group-ceo-forecasts-bullish-trend-anticipates-crypto-prices-to-surge-citing-potential?utm_source=snapi

BlackRock's new blockchain fund, BUIDL, offers USD yields through tokenization, in partnership with Coinbase.

https://forkast.news/blackrock-launches-buidl-fund-for-digital-yield/?utm_source=snapi

The UK Financial Conduct Authority (FCA) announced that it intends to recover the equivalent of $8 million in costs stemming from the supervision of stablecoins and crypto, according to a March 19 release. The funds will be recovered in the form of fees placed on stablecoin issuers and digital asset custodians.

https://cryptoslate.com/uk-fca-to-recover-8-million-in-costs-via-fees-placed-on-stablecoin-issuers-custodians/

The fusion of artificial intelligence (AI) and blockchain technology draws substantial interest and investment from venture capitalists.

https://beincrypto.com/venture-capitalists-pour-millions-into-ai-tokens/

US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities laws.

https://cryptoslate.com/sec-chair-gensler-condemns-ai-washing-after-regulatory-action-against-2-companies/

Senators opposed more crypto ETF approvals by the SEC, citing risks in thinly traded markets vulnerable to fraud and manipulation.

https://cryptopotato.com/coinbase-claps-back-at-senators-urging-halt-on-crypto-etf-approvals/

On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura's Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K.

https://news.bitcoin.com/cleartoken-secures-10m-in-funding-to-pioneer-uks-first-digital-asset-clearing-house/

The new regulation enables decentralized autonomous organizations to establish contracts with third parties, open bank accounts, and pay taxes, along with providing liability protection to its members.

https://cointelegraph.com/news/wyoming-passes-law-granting-dao-legal-status

Integrating blockchain technology with tangible, real-world applications is becoming increasingly significant. Indeed, Decentralized Physical Infrastructure Networks (DePIN) is a sector experiencing exponential growth.

https://beincrypto.com/decentralized-physical-infrastructure-network-depin-projects/

Cryptocurrency analyst, Michael van de Poppe has alerted the broader cryptocurrency community about an upcoming altcoin rally. The analyst has cited the recent upward trend experienced by Bitcoin as a positive signal for this prediction.

https://www.newsbtc.com/altcoin/crypto-expert-altcoin-run/

A Texas court is scheduled to hear a motion for a preliminary injunction against the Department of Energy's study into crypto mining. This legal development comes after a temporary restraining order granted by Judge Alan Albright of the U.S. District Court for the Western District of Texas.

https://coingape.com/texas-court-to-review-crypto-mining-survey-injunction-request/

Friend.tech developers tease a spring airdrop amid cratering activity.

https://dailycoin.com/friend-tech-attempts-to-revive-interest-with-airdrop-teaser/

Hack VC, a prominent venture capital firm, has recently closed an ‘oversubscribed' $150 million fund aimed at investing in early-stage companies within the fields of crypto and artificial intelligence (AI) startups. This significant capital injection reflects the growing interest and confidence in the potential of Web3 technologies and disruptive innovations in AI.

https://www.cryptopolitan.com/hack-vc-secures-150m-for-crypto-start-ups/