Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Pakistan has formally allowed banks to serve licensed virtual asset service providers under new rules issued by the State Bank on April 14, 2026. The decision overturns the 2018 ban and follows the Virtual Assets Act of March 2026, which established the PVARA regulator. Banks must conduct strict due diligence, verify licenses, monitor transactions, and report suspicious activity, without engaging in direct crypto trading. The move aims to improve transparency, reduce illicit flows, and align Pakistan with global crypto regulation standards.

eToro has announced plans to acquire Zengo, a company known for its secure and easy-to-use crypto wallet. The move aims to expand eToro’s digital asset offerings and give users more control over their crypto investments. Zengo, founded in 2018, provides a keyless wallet system that improves security while keeping things simple for everyday users. According to Yoni Assia, the deal supports the future of finance becoming more digital and user-controlled. Ouriel Ohayon said joining eToro will help bring self-custody crypto tools to a global audience. There will be no immediate changes for users. However, in the future, eToro users are expected to get access to more crypto features like trading tools and new digital products. The acquisition is part of eToro’s push to combine traditional investing with modern crypto technology.

Ripple has announced a strategic partnership with Kyobo Life Insurance to pioneer institutional-grade blockchain infrastructure in South Korea. The collaboration will deploy Ripple Custody to enable secure, compliant on-chain settlement of tokenized government bonds and explore tokenized Treasury workflows within a regulated environment. By replacing manual, fragmented processes with real-time, transparent execution, the initiative aims to cut traditional two-day settlement cycles and reduce risk. Kyobo will also assess stablecoin-based payment rails as part of broader digital transformation efforts.

Bitmine Immersion Technologies, the largest corporate holder of Ethereum, reported a net loss of $3.82 billion for the quarter ended February 28, 2026. The loss was largely driven by major fluctuations in the fair value of its digital asset holdings. During the same period, the company generated about $10 million in revenue from ETH staking rewards. Bitmine currently holds around 4.87 million ETH, reinforcing its strong long-term commitment to Ethereum despite market volatility.

GameStop has announced that its Power Packs digital trading card platform will launch to the public on April 15, 2026, after completing its beta phase. The platform will allow users to buy digital packs that include real PSA graded trading cards from Pokémon and major sports such as basketball, football, and baseball. Prices will range from $25 to $2500. It will also offer instant buyback options and secure storage through PSA Vault, aiming to combine digital collecting with real-world value.

Tether has launched tether.wallet, a self-custodial digital wallet that connects users directly to its global payments and settlement infrastructure. The wallet supports Bitcoin, USDT, USAT, and XAUT across Ethereum, Polygon, Arbitrum, Plasma, and the Bitcoin Lightning Network. It also allows easy transfers using simple usernames like name@tether.me instead of long wallet addresses. Tether said more than 570 million wallets were already using its technology as of March 2026, showing strong global adoption and growing use of its ecosystem.

On April 13, U.S. Bitcoin spot ETFs recorded a net outflow of $291 million, suggesting ongoing profit-taking and a pause in fresh institutional demand after recent price movements. In contrast, Ethereum spot ETFs attracted $9.44 million in net inflows, extending their positive streak to 3 consecutive days. The split in flows indicates a gradual rotation of capital, with Bitcoin seeing short-term cooling while Ethereum maintains steady accumulation interest. Overall, ETF data reflects cautious but evolving sentiment across major crypto investment products.

Deutsche Börse, Germany’s largest exchange group, has invested $200 million in Payward, the parent company of Kraken, acquiring around a 1.5 percent stake on a fully diluted basis. The deal values Kraken at roughly $13.3 billion, marking another major step in the integration of traditional financial institutions with crypto infrastructure. The move highlights growing institutional confidence in digital asset platforms as regulated exchanges increasingly expand into blockchain-based trading, custody, and tokenized market systems globally.

The U.S. Department of Justice has opened a formal remission claims process for victims of the $4 billion OneCoin crypto fraud. Eligible investors who suffered losses between 2014 and 2019 can apply to receive compensation from more than $40 million in forfeited assets. Claims must be submitted through the administrator Kroll by June 30, 2026. The scheme impacted around 3.5 million victims worldwide. Founder Ruja Ignatova remains a fugitive, while Karl Sebastian Greenwood has already been sentenced for his role in the fraud.

Aptos has rolled out a major tokenomics overhaul aimed at tightening supply and boosting long-term value. The update cuts staking rewards to 2.6 percent and raises gas fees 10x, with fees designed to drive token burns. The total supply is capped at 2.1 billion APT, while 210 million tokens are permanently locked by the Foundation. Aptos is also exploring buybacks and expects over 32 million APT to be burned annually after its upcoming ecosystem DEX goes live, increasing deflationary pressure.