Franklin Templeton has agreed to acquire CoinFund spinoff 250 Digital to launch Franklin Crypto, a dedicated crypto arm targeting institutional crypto investment management.

Australia passes a law requiring crypto exchanges and custodians to obtain financial services licenses as the country moves to regulate digital asset platforms.

US spot Bitcoin ETFs ended Q1 in the red, with about $500 million of net outflows despite March inflows, as sentiment remained weak amid geopolitical tensions.

Stablecoin turnover has doubled in the past two years as AI payments and traditional finance use cases grow, though Standard Chartered still sees the market reaching $2 trillion.

Russia approved a draft crypto bill package that would push trading through licensed intermediaries and cap retail purchases at $3,700 annually.