Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

SBI Holdings’ institutional liquidity arm B2C2 has designated Solana as its primary network for routing and settling large‑scale stablecoin transactions for institutional clients. The move reflects Solana’s high throughput, reliability, and scalability as market makers increasingly seek efficient settlement infrastructure for digital assets. B2C2 will support Solana‑based versions of major stablecoins, including USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD, while serving clients such as Robinhood, Standard Chartered, Anchorage Digital, and Bitget.

Franklin Templeton, managing $1.7 trillion in assets, is acquiring a crypto-focused spinoff from CoinFund to expand its digital asset offerings. The acquisition will allow the firm to provide specialized crypto investment solutions for institutional clients such as pensions and sovereign funds. This move strengthens Franklin Templeton’s strategy in the fast-growing digital asset market and marks a major step in its effort to integrate crypto products into its broader investment portfolio.

On April 1, multiple posts on X claimed that the Indian Government had reduced cryptocurrency taxes from 30% to 5% and lowered TDS from 1% to 0.01%. Some posts referenced the Finance Minister and suggested new tax slabs or Bitcoin reserve plans. These claims went viral but lacked any official confirmation. Users quickly questioned their authenticity due to the April Fool’s Day timing and the absence of credible sources, making it clear the reports were false.

India has postponed its much-anticipated cryptocurrency policy paper indefinitely due to the Reserve Bank of India’s concerns over systemic risks from crypto and stablecoins. The finance ministry had been working on the paper since 2023 to outline potential benefits and regulatory guidance. Officials say current measures, including taxation on digital assets and anti-money laundering monitoring by the Financial Intelligence Unit, are sufficient for now, while the government shifts its focus to promoting the Digital Rupee.

In March 2026, public companies added over 47 000 BTC to their balance sheets, with Strategy contributing 44 400 BTC through large weekly purchases funded by STRC and MSTR ATM sales. After about 22 000 BTC was sold by nine firms, the net addition was around 25 000 BTC. Outside of Strategy, roughly 15 companies added about 3 000 BTC. Key changes included American Bitcoin gaining 960 BTC and major sellers like MARA Holdings reducing by 15 100 BTC. GameStop pledged 4 700 BTC, leaving one BTC in holdings.

Ripple’s fully-backed stablecoin RLUSD has launched on Coinone, one of South Korea’s largest regulated crypto exchanges, allowing traders to buy, sell, and trade directly in KRW. Designed for enterprise-grade payments and settlements, RLUSD provides transparency and stability with 1:1 U.S. dollar backing. The listing marks a significant step in bringing regulated stablecoins to Asia, expanding Ripple’s presence in a major market while offering Korean users a secure and reliable digital dollar option.

In March 2026, the crypto sector faced 20 major hacks totaling $52 million, nearly double February’s $26.5 million. The largest attack targeted ResolvLabs’ $USR, where an AWS KMS breach allowed an “infinite mint” of 80 million tokens, draining around $25 million and triggering bad debt across platforms like MorphoBlue, Euler, and Fluid. Other notable losses included Venus ($THE) at $2.18 million, Sillytuna at $24 million, and a Kraken whale losing $18 million to social engineering, highlighting growing interconnected risks in the industry.

Australia has introduced its first cryptocurrency law, requiring crypto exchanges and custodians to obtain Australian Financial Services licences (AFSL) and operate under oversight by the Australian Securities and Investments Commission. The law brings digital asset platforms into the country’s established financial services regulatory framework, aligning crypto businesses with traditional finance rules. It also introduces clear regulatory categories and protections for customer funds, aiming to improve consumer safeguards, reduce risks from exchange failures, and strengthen industry trust.

Bitget Wallet has partnered with XRP Ledger to advance real-world crypto payments. The integration enables mainnet transactions and cross-chain swaps for XRP, RLUSD, and other assets, alongside upcoming on/off-ramp support for RLUSD. XRPL, purpose-built for payments, offers near-instant transfers at minimal cost. Bitget Wallet also plans to introduce crypto cards, QR payments, and bank transfers. The collaboration aims to improve speed, reduce fees, and drive scalable global adoption of blockchain-based payment solutions.

Malta has warned that the European Union’s plan to centralize cryptocurrency oversight under the European Securities and Markets Authority could drive crypto firms to relocate to the United States, the United Arab Emirates, and Asia. As the first European country to pass crypto-specific legislation, Malta argues that national-level regulation encourages innovation, while centralizing control in Brussels risks slowing approvals and creating an unfriendly environment for digital asset businesses, potentially pushing them to seek more favorable markets abroad.