Saturday, April 12, 2025 1. The SEC may establish a regulatory sandbox for cryptocurrency exchanges, intending to allow trial implementations of tokenized securities trading. According to Decrypt, the leadership of the U.S. Securities and Exchange Commission ( SEC ) stated on Friday that it will consider establishing a regulatory sandbox for digital assets, allowing cryptocurrency exchanges to freely experiment in new areas, including the potential opening of tokenized securities trading. 2. Pakistan Launches First Compliance-Based Virtual Assets Regulatory Framework According to Tribune, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers ( VASP ), aimed at curbing money laundering, supporting innovation, and attracting foreign investment. The policy was developed by a specialized government agency under the Anti-Money Laundering ( AML ) and Counter-Terrorism Financing ( CTF ) authorities. The proposed framework requires approval from the legislative body and input from digital asset companies operating in the country, with a phased rollout expected to begin in 2026. 3. The Lomond School in Scotland will accept Bitcoin for tuition payments. According to Cointelegraph, Lomond School in Scotland will begin accepting Bitcoin for tuition payments starting in the autumn term of 2025, which is a first in the UK. The school currently has no plans to accept other cryptocurrencies or to immediately convert Bitcoin into fiat currency. In the future, the school may establish a Bitcoin treasury, but will seek input from the community. 4. U.S. consumer confidence has dropped significantly, but the cryptocurrency market has remained strong after tariffs. U.S. consumer confidence has significantly declined, with the latest survey from the University of Michigan showing consumer sentiment dropping from 57.0 to 50.8, nearing the lowest level in three years, and inflation expectations for the next year soaring to 6.7%. Meanwhile, investors are selling off U.S. government bonds and dollars, leading to gold prices hitting a historic high of $3,240 per ounce. The cryptocurrency market is performing well, with Bitcoin rising 4% and stabilizing at $82,000, while mainstream tokens SOL and AVAX rose 6% respectively. Some analysts believe that market volatility is due to the exit of highly leveraged market participants rather than changes in fundamentals. 5. SEC Acting Chair: Considering the establishment of a short-term cryptocurrency regulatory framework to address the current period. The acting chair of the SEC, Mark Uyeda, stated at an event held at the agency's Washington headquarters on Friday that the commission could consider establishing a short-term cryptocurrency regulatory framework to allow companies to continue innovating while the agency develops a more permanent answer to the regulation of digital assets. "We should consider whether there are more effective regulatory methods under a more lenient federal regulatory framework," Uyeda stated in a recording played at the agency's latest cryptocurrency industry roundtable. While the committee is dedicated to developing long-term solutions to these issues, establishing a time-limited and conditional exemption framework for registrants and non-registrants may promote greater innovation in blockchain technology within the United States in the short term." 6. 52% of cryptocurrency holders in Singapore use digital assets for payments. According to The Straits Times, more than half of cryptocurrency holders in Singapore have used digital assets for everyday transactions. The latest research shows that 52% of cryptocurrency holders have started using cryptocurrencies for payments, and 67% plan to use them in the future. The study found that Generation Z and millennials hold 40% of the country's cryptocurrencies, primarily for online shopping, bill payments, and in-store purchases. According to data from blockchain analysis company Chainalysis, Singapore's crypto trading volume in the second quarter of 2024 is close to $1 billion. However, 60% of users still express concerns about the complexity and security of digital assets, and 54% of holders are troubled by the limited acceptance by merchants. 7. BlackRock reported that digital asset inflows reached $3 billion in the first quarter. world According to Cointelegraph, BlackRock, the world's largest asset management company, reported a total net inflow of $84 billion for the first quarter of 2025, achieving a 3% annualized growth. According to its financial report released on April 11, the strong performance is mainly attributed to the record performance of iShares ETFs and continued strong net inflows in the private market. BlackRock stated that out of the net inflow of $107 billion for iShares ETFs, $3 billion ( accounted for. 2.8%) flowed into digital asset products in the first quarter. As of March 31, 2025, digital assets generated base fees of $34 million for BlackRock, which is less than 1% of its long-term revenue; at the end of the first quarter, the total amount of digital assets under management was $50.3 billion, accounting for approximately 0.5% of total assets under management. Although the proportion is not high, given the general liquidation of Bitcoin ETFs earlier this year, the $3 billion net inflow of digital assets for BlackRock is still noteworthy, with data showing stable investor interest in cryptocurrency-backed ETFs.
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Bitcoin Hot News
Saturday, April 12, 2025
1. The SEC may establish a regulatory sandbox for cryptocurrency exchanges, intending to allow trial implementations of tokenized securities trading.
According to Decrypt, the leadership of the U.S. Securities and Exchange Commission ( SEC ) stated on Friday that it will consider establishing a regulatory sandbox for digital assets, allowing cryptocurrency exchanges to freely experiment in new areas, including the potential opening of tokenized securities trading.
2. Pakistan Launches First Compliance-Based Virtual Assets Regulatory Framework According to Tribune, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers ( VASP ), aimed at curbing money laundering, supporting innovation, and attracting foreign investment. The policy was developed by a specialized government agency under the Anti-Money Laundering ( AML ) and Counter-Terrorism Financing ( CTF ) authorities. The proposed framework requires approval from the legislative body and input from digital asset companies operating in the country, with a phased rollout expected to begin in 2026.
3. The Lomond School in Scotland will accept Bitcoin for tuition payments.
According to Cointelegraph, Lomond School in Scotland will begin accepting Bitcoin for tuition payments starting in the autumn term of 2025, which is a first in the UK. The school currently has no plans to accept other cryptocurrencies or to immediately convert Bitcoin into fiat currency. In the future, the school may establish a Bitcoin treasury, but will seek input from the community.
4. U.S. consumer confidence has dropped significantly, but the cryptocurrency market has remained strong after tariffs.
U.S. consumer confidence has significantly declined, with the latest survey from the University of Michigan showing consumer sentiment dropping from 57.0 to 50.8, nearing the lowest level in three years, and inflation expectations for the next year soaring to 6.7%. Meanwhile, investors are selling off U.S. government bonds and dollars, leading to gold prices hitting a historic high of $3,240 per ounce. The cryptocurrency market is performing well, with Bitcoin rising 4% and stabilizing at $82,000, while mainstream tokens SOL and AVAX rose 6% respectively. Some analysts believe that market volatility is due to the exit of highly leveraged market participants rather than changes in fundamentals.
5. SEC Acting Chair: Considering the establishment of a short-term cryptocurrency regulatory framework to address the current period.
The acting chair of the SEC, Mark Uyeda, stated at an event held at the agency's Washington headquarters on Friday that the commission could consider establishing a short-term cryptocurrency regulatory framework to allow companies to continue innovating while the agency develops a more permanent answer to the regulation of digital assets.
"We should consider whether there are more effective regulatory methods under a more lenient federal regulatory framework," Uyeda stated in a recording played at the agency's latest cryptocurrency industry roundtable. While the committee is dedicated to developing long-term solutions to these issues, establishing a time-limited and conditional exemption framework for registrants and non-registrants may promote greater innovation in blockchain technology within the United States in the short term."
6. 52% of cryptocurrency holders in Singapore use digital assets for payments.
According to The Straits Times, more than half of cryptocurrency holders in Singapore have used digital assets for everyday transactions. The latest research shows that 52% of cryptocurrency holders have started using cryptocurrencies for payments, and 67% plan to use them in the future. The study found that Generation Z and millennials hold 40% of the country's cryptocurrencies, primarily for online shopping, bill payments, and in-store purchases. According to data from blockchain analysis company Chainalysis, Singapore's crypto trading volume in the second quarter of 2024 is close to $1 billion. However, 60% of users still express concerns about the complexity and security of digital assets, and 54% of holders are troubled by the limited acceptance by merchants.
7. BlackRock reported that digital asset inflows reached $3 billion in the first quarter.
world
According to Cointelegraph, BlackRock, the world's largest asset management company, reported a total net inflow of $84 billion for the first quarter of 2025, achieving a 3% annualized growth. According to its financial report released on April 11, the strong performance is mainly attributed to the record performance of iShares ETFs and continued strong net inflows in the private market. BlackRock stated that out of the net inflow of $107 billion for iShares ETFs, $3 billion ( accounted for.
2.8%) flowed into digital asset products in the first quarter. As of March 31, 2025, digital assets generated base fees of $34 million for BlackRock, which is less than 1% of its long-term revenue; at the end of the first quarter, the total amount of digital assets under management was $50.3 billion, accounting for approximately 0.5% of total assets under management. Although the proportion is not high, given the general liquidation of Bitcoin ETFs earlier this year, the $3 billion net inflow of digital assets for BlackRock is still noteworthy, with data showing stable investor interest in cryptocurrency-backed ETFs.