EU Spokesperson: EU Spokesperson Expects Additional Cooperation from the US to Keep Trade Negotiations Moving
The European Union spokesperson stated that they expect “additional levels of cooperation” from Washington for the continuation of trade negotiations between the EU and the US. Although the statement emphasized that the current contacts between the parties are progressing positively, the US needs to take more concrete steps in order for the negotiations to continue productively.
Tether Aims to Promote Global Stablecoin Payments by Investing in Fizen
Tether announced a strategic investment in financial technology company Fizen to support the global adoption of stablecoins and self-custody-based payment solutions. Fizen offers solutions that enable users to pay with stablecoins and settle in fiat currencies without the need for additional hardware through methods such as QR codes. The collaboration aims to reduce barriers to access to financial services and improve the efficiency of retail payment infrastructure.
Tether Aims to Decentralize Bitcoin Mining with OCEAN Partnership
Tether announced a strategic partnership with decentralized mining pool OCEAN to support decentralization in Bitcoin mining. This step is part of Tether’s $500 million Bitcoin mining investment plan launched in 2023. Tether aims to reduce reliance on large and centralized mining pools by routing hashrate power through OCEAN.
Canada Approves World’s First Spot Solana ETF
Purpose Investments is preparing to launch the world’s first spot Solana ETF (SOLL) in Canada. This ETF will offer investors the opportunity to invest directly in Solana (SOL) and generate returns through staking. Scheduled to begin trading on the Toronto Stock Exchange on April 16, 2025, the ETF cements Purpose’s leadership in crypto investment products, having previously pioneered spot Bitcoin and Ether ETFs.
MANTRA to Launch Buyback and Burn Plan for OM Tokens
MANTRA co-founder JP Mullin has announced that a comprehensive investigation report into the massive, forced liquidation event that occurred on the morning of April 14 will be released soon. In order to regain the trust of the community, the team will launch a buyback program for OM tokens and reduce the amount in circulation by burning some of the supply. This step is seen as an indication of the commitment and long-term vision for the MANTRA ecosystem.
Visa Joins Global Dollar Network Consortium Led by Paxos
Global payments giant Visa announced that it has joined the Global Dollar Network (USDG) consortium led by Paxos to support the development of stable cryptocurrencies. Visa’s inclusion in this consortium shows that the integration of traditional financial institutions into digital asset infrastructures is accelerating.
by Darkex Research – 1 min read
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