Cryptocurrency regulations in the United States require more clarity on stablecoins and banking relationships before tax reform becomes a top priority for lawmakers, as stated by industry leaders and legal experts. According to Mattan Erder, general counsel at Orbs, upgrading US crypto regulation should focus on a tailored regulatory approach for areas such as securities laws and banking obstacles. While the Trump administration has shown support for crypto, including through executive orders, Erder emphasized the need for Congress to enact changes in laws. Despite recent pro-crypto moves, concerns about debanking persist in the industry, with potential hurdles remaining until at least January 2026. Additionally, the introduction of stablecoin legislation could pave the way for traditional financial institutions to embrace blockchain-based payments, potentially unlocking new growth opportunities in the industry.

according to Coinglass data, Bitcoin volatility has fallen to 3.47%, but is still at a high level from September last year. For traders, high volatility means more profit potential, but also higher risks. In addition, sharp fluctuations may be a signal of trend reversal or adjustment.

market shows AR falling below $6.5, now reporting $6.49, a 24-hour decline of 2.41%, with significant market fluctuations, please manage risks.

Exceeding the expectations set by Standard Custody, a crypto custodian, has led the CEO to predict that RLUSD could potentially be ranked among the top five stablecoins by the end of 2025. Analysts are currently assessing the factors that could help RLUSD achieve this ambitious goal. RLUSD's growth is being driven by various key factors, including its increasing availability on more exchanges like LMAX Group, making it more accessible to traders. Moreover, the stablecoin is gaining traction in Decentralized Finance (DeFi) liquidity pools and has real-world applications, with NGOs like DIVA Donate and Mercy Corps Ventures adopting it for charitable purposes, demonstrating its practical utility. To secure a position in the top five stablecoins, RLUSD faces tough competition as it currently holds the twelfth spot with a market cap of approximately $194 million. In order to surpass FDUSD, which is in fifth place with a market cap of $2.59 billion, RLUSD would need to grow more than thirteenfold within the next nine months, assuming no major changes in FDUSD's size. The top four spots are currently occupied by USDT, USDC, DAI, and USDe. RLUSD is pegged to the US dollar and is supported by both the XRP Ledger and Ethereum blockchains. It is fully backed by cash reserves, ensuring that each token can be redeemed on a 1:1 basis for US dollars through approved channels. To continue its upward trajectory, RLUSD will need to maintain strong adoption, diversify its use cases, and operate in a favorable market environment.

Japanese Financial Services Agency (FSA) is considering regulating internal transactions of encrypted digital currency assets. Japanese regulators are considering classifying encrypted assets as financial instruments under Japanese law. It is expected that the Japanese FSA will submit a draft revision of the Financial Transactions Act to the parliament as early as the next fiscal year. The Japanese FSA hopes that they can prevent unfair trading practices when trading encrypted assets for investment purposes. It is expected that a financial committee (under the Japanese FSA) will discuss more details of the aforementioned revision draft starting from the summer of 2025.

according to Whale Alert monitoring, 1,172 BTC (97,771,717 USD) was transferred from Kraken to an unknown wallet.

On March 28th, Meteora officially announced on the X platform that the next phase of Meteora will focus on helping Launchpads achieve success, and will launch the Meteora Launch Guide as the core technical support, integrating relevant resources and educational content to help developers and liquidity providers (LP Army) deepen their understanding of Meteora technology.

Yutori, a startup based in San Francisco, has raised $15 million for the development of an artificial intelligence personal assistant.

according to TraderT monitoring, IBIT had a net inflow of $3.93 million yesterday.

according to FarsideInvestors monitoring, the net outflow of $4.22 million from the US spot Ethereum ETF yesterday.