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Latest headlines from Coindesk.

Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.

https://www.coindesk.com/tech/2024/04/24/some-square-users-can-now-convert-their-dollars-to-bitcoin-via-cash-app/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jack Dorsey’s Block Is Building a Bitcoin Mining System

The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.

https://www.coindesk.com/business/2024/04/24/jack-dorseys-block-is-building-a-bitcoin-mining-system/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Payments App Strike Launches for European Customers

Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.

https://www.coindesk.com/business/2024/04/24/bitcoin-payments-app-strike-launches-for-european-customers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions

The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.

https://www.coindesk.com/business/2024/04/24/crypto-custody-firm-fireblocks-offers-defi-threat-detection-for-institutions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How a Conservative German Bank Offering Crypto Makes Sense

Germany is a relatively conservative financial market, and landesbank are among its most conservative institutions. So what is the country’s largest landesbank doing launching crypto services? Noelle ...

https://www.coindesk.com/consensus-magazine/2024/04/24/how-a-conservative-german-bank-offering-crypto-makes-sense/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link

The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/24/first-mover-americas-hederas-hbar-soars-on-exaggerated-backrock-link/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Number of Stablecoin Holders Nears 100M Mark, Data Show

The number of addresses holding stablecoins has risen 15% this year.

https://www.coindesk.com/markets/2024/04/24/number-of-stablecoin-holders-nears-100m-mark-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support

Binance's founder and former chief executive, Changpeng "CZ" Zhao has apologised for his "poor decisions" and accepted "full responsibility" for his actions, in a letter to the judge overseeing his ca...

https://www.coindesk.com/policy/2024/04/24/binance-founder-changpeng-zhao-apologizes-ahead-of-sentencing-161-others-send-letters-of-support/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and Binance

The Central Bank of Nigeria issued a directive on Tuesday asking financial institutions to identify persons or entities transacting in or operating Bybit, KuCoin, OKX and Binance, according to content...

https://www.coindesk.com/policy/2024/04/24/nigeria-directs-entities-to-identify-those-dealing-crypto-with-bybit-kucoin-okx-and-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally

Some banks, however, expect the dollar index to stay firm over the near term.

https://www.coindesk.com/markets/2024/04/24/bitcoin-bulls-pin-hopes-on-weaker-dollar-to-extend-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?

India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term.

https://www.coindesk.com/policy/2024/04/24/whats-at-stake-for-crypto-in-india-as-the-worlds-largest-democracy-is-in-the-midst-of-its-national-election/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In Mexico’s Biggest Election Yet, Crypto Remains on the Sidelines

Mexico is poised to have its biggest election ever in a few weeks, with 100 million voters choosing 628 elected officials, thousands of local officials and the president. And crypto issues will remain...

https://www.coindesk.com/policy/2024/04/24/in-mexicos-biggest-election-yet-crypto-remains-on-the-sidelines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hedera's HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish

Hedera's native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more...

https://www.coindesk.com/markets/2024/04/24/hederas-hbar-doubles-then-falls-25-as-blackrock-links-diminish/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether Will Freeze Wallets Evading Venezuelan Sanctions

Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.

https://www.coindesk.com/policy/2024/04/24/tether-will-freeze-wallets-evading-venezuelan-sanctions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs

Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money laundering during a speech l...

https://www.coindesk.com/policy/2024/04/24/indonesian-president-joko-widodo-warns-of-money-laundering-via-crypto-and-nfts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says

Attorneys with the U.S. Department of Justice and former Binance CEO Changpeng Zhao filed their sentencing memos on Tuesday night.

https://www.coindesk.com/policy/2024/04/24/binance-founder-changpeng-zhao-should-spend-3-years-in-prison-doj-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving

Investors are still gauging macroeconomic factors, one observer said.

https://www.coindesk.com/markets/2024/04/24/bitcoin-ether-coil-as-crypto-traders-in-limbo-after-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and...

https://www.coindesk.com/policy/2024/04/24/the-ever-dwindling-chances-for-a-stablecoin-law/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Institutional Digital Assets: The Future of Finance Is Here

Tokenization initiatives from BlackRock, JP Morgan and others presage a revolution in payments, wealth management and other key activities of Wall Street, says author Annelise Osborne.

https://www.coindesk.com/consensus-magazine/2024/04/23/institutional-digital-assets-the-future-of-finance-is-here/?utm_medium=referral&utm_source=rss&utm_campaign=headlines