The post Morgan Stanley Submits Filing for 0.14% Spot Bitcoin ETF appeared first on Coinpedia Fintech News

Morgan Stanley has filed updated paperwork with the U.S. Securities and Exchange Commission for a spot Bitcoin ETF, proposing a 0.14% annual management fee, the lowest among U.S. offerings if approved. The low-cost structure undercuts rivals like Grayscale and BlackRock and reflects the bank’s push into crypto investing. The ETF, set to trade under the ticker MSBT on NYSE Arca with custody from Coinbase and BNY Mellon, could reshape competition in the growing $90B Bitcoin ETF market.

The post Bhutan Offloaded About $120M in Bitcoin This Year appeared first on Coinpedia Fintech News

Bhutan has intensified its Bitcoin sales this year, offloading nearly $120 million worth of BTC and cutting its holdings by around 1,700 coins. The government typically breaks its sales into smaller batches of $5 million to $10 million, routing funds through exchanges or market makers such as QCP Capital to manage liquidity. In recent weeks, transfer activity has accelerated, including a fresh move of 123.7 BTC valued at about $8.5 million, signaling continued strategic selling.

The post Ethereum ICO Whale Turns $12K Into Millions appeared first on Coinpedia Fintech News

An early backer of Ethereum, identified as 0xd64A, sold 11,552 ETH for about $23.42 million at roughly $2,027 per coin in the last hour. This investor originally bought 38,800 ETH during the 2014 ICO for just $12,000, when the price was around $0.31 per token. Today, that original position is worth around $79.5 million, showing one of the biggest returns for long-term crypto holders. The recent sale appears to be profit-taking after more than a decade of holding.

The post Tether Picks KPMG for USDT Audit appeared first on Coinpedia Fintech News

Tether has confirmed that KPMG will audit its $185 billion USDT reserves, ending speculation about the unnamed “Big Four” firm. The audit will go beyond BDO Italia’s monthly attestations and review assets, liabilities, and internal controls. Tether also hired PwC to prepare its systems ahead of the review. The move comes as the company plans U.S. expansion and aims to raise $15-20 billion amid investor concerns over pricing and regulatory risks. CFO Simon McWilliams said the audit will be delivered.

The post Brazil Passes Law to Use Seized Crypto for Public Security appeared first on Coinpedia Fintech News

Brazil has passed a major new law to fight organized crime, which President Luiz Inácio Lula da Silva signed this Tuesday. The law lets judges freeze, seize, and even liquidate digital assets like Bitcoin and other cryptocurrencies linked to serious criminal activity. It also allows courts to approve early sales of these assets if needed. Money from seized crypto will be used to strengthen public security, fund police operations, and support crime-fighting efforts. Experts say this makes Brazil’s approach to crypto and crime more practical and focused on results.

The post David Sacks Steps Down as AI & Crypto Czar appeared first on Coinpedia Fintech News

David Sacks has stepped down from his position as the White House’s AI and cryptocurrency advisor after serving the maximum time allowed for a special government employee, a role capped at 130 working days per year under U.S. rules. He will now serve as co‑chair of the President’s Council of Advisors on Science and Technology, where he is expected to help guide policy on a wider range of technology issues beyond just artificial intelligence and digital assets.

The post Marathon Digital Sells 15,133 BTC Worth over $1 Billion appeared first on Coinpedia Fintech News

Marathon Digital ($MARA) has sold 15,133 Bitcoin between March 4 and March 25, raising roughly $1.1 billion in one of its largest BTC liquidations this year. The company disclosed the sale in an SEC filing and plans to use most of the proceeds to repurchase around $1 billion in convertible senior notes due in 2030 and 2031, reducing its debt load by about 30%. MARA’s stock jumped as investors saw the move as a strategic step to strengthen the balance sheet and limit shareholder dilution.

The post Machi Big Brother Faces $30M Loss, Reenters ETH appeared first on Coinpedia Fintech News

Taiwanese crypto trader Machi Big Brother has taken another major hit in the volatile Ethereum market. After a $500,000 USDC deposit on Hyperliquid, a market dip wiped out his Bitcoin and ETH longs, leaving his account at just $138,000. Undeterred, he immediately opened a new 25x leveraged long on 1,600 ETH worth $3.3 million, currently showing a $16,000 unrealized loss as ETH trades near $2,075. Nicknamed the “King of Crypto Liquidations,” he has endured over 300 wipeouts, with total losses surpassing $75 million.

The post Binance Lists Tether Gold (XAUt) With Multiple Spot Trading Pairs appeared first on Coinpedia Fintech News

Binance will list Tether Gold (XAUt) on March 26, 2026, at 13:30 UTC, with a Seed Tag applied. New spot pairs include XAUt/USDT, XAUt/BTC, XAUt/U, XAUt/USDC, and XAUt/TRY. Users can begin depositing XAUt one hour before trading starts, while withdrawals will open on March 27 at 13:30 UTC, expanding access to tokenized gold trading.

The post UK Bans Crypto Political Donations appeared first on Coinpedia Fintech News

The UK government will ban cryptocurrency donations to political parties until a clear regulatory framework is in place, following recommendations from the Rycroft Review. It will also cap donations from overseas electors at £100,000 per year, including loans and similar transactions. These measures will be added as amendments to the Representation of the People Bill and applied retrospectively, requiring parties to return any unlawful donations within 30 days. The goal is to increase transparency and protect the integrity of UK elections.

The post Lawmakers Push Ban on Political Prediction Market Bets appeared first on Coinpedia Fintech News

U.S. Representatives Adrian Smith and Nikki Budzinski have introduced the PREDICT Act, a bipartisan bill to prohibit the president, vice president, members of Congress, political appointees, and their spouses and dependents from participating in prediction markets tied to political events, policy decisions, or government actions. The legislation would impose a 10% fine on the value of any contract and require the forfeiture of all profits earned in violation of the ban. The proposal aims to prevent conflicts of interest and maintain trust in government decision-making.

The post Bitmine Scoops Up $253M in ETH in Just Two Days appeared first on Coinpedia Fintech News

Tom Lee’s Bitmine has stepped up its Ethereum accumulation, buying another 50,000 ETH ($108.3 M) from FalconX as part of a broader buying trend. Over the past two days, three newly created wallets likely tied to Bitmine have picked up a total of 117,111 ETH worth about $253.3 M, according to on-chain analytics. This aggressive purchasing underscores Bitmine’s ongoing strategy to build one of the largest corporate ETH treasuries in the market.

The post SEC Set to Clear Path for Crypto Token Innovation appeared first on Coinpedia Fintech News

Securities and Exchange Commission (SEC) Chair Paul Atkins has said the agency could roll out a tokenization innovation exemption for crypto companies in just a few weeks. The move is part of a broader effort to ease regulatory hurdles and support experimentation with blockchain‑based tokenized assets. Industry participants expect the exemption to help expand markets for tokenized securities and real‑world assets (RWA), though specific details and eligibility are still pending release.