Genesis Global Trading to Halt Crypto OTC Desk

Manuel Stotz has been appointed as the president of the foundation's board, marking a significant leadership transition. This follows recent board expansion in February 2025 that included the appointment of three new directors, notably Jaime Leverton, former CEO of Hut 8. Key Updates: - Manuel Stotz assumes role of board president - Follows February 2025 board expansion - Part of broader leadership restructuring

Canadian voters are showing increased interest in cryptocurrency regulation ahead of the April 28 election, according to WonderFi CEO Dean Skurka. This mirrors trends seen in the US, where a Coinbase study revealed crypto voters' significant influence in battleground states. Key points: - Canadian voters want government action on crypto regulation - Politicians face pressure to align with US and European regulatory frameworks - Follows pattern of crypto voters' growing political influence This development suggests cryptocurrency regulation could become a decisive factor in upcoming elections across North America.

A significant development is approaching with new contracts scheduled to launch on May 19, 2025. This timeline aligns with a previously announced $200 million cash deal expected to finalize in H1 2025. Both initiatives remain contingent on regulatory approval, highlighting the evolving regulatory landscape in the space. - Launch date: May 19, 2025 - Deal value: $200 million - Status: Pending regulatory approval *Stakeholders should monitor regulatory developments as these dates approach.*

Tether, the leading stablecoin issuer, has expanded its presence in European football by increasing its stake in Italian Serie A club Juventus. This follows their initial minority stake acquisition in February 2024. - Initial investment made in February 2024 - Stake percentage has been increased (specific amount undisclosed) - Represents growing crypto presence in traditional sports This move signals continued interest from crypto companies in traditional sports investments, particularly in European football markets. Tether's increased commitment to Juventus demonstrates confidence in both the club's future and the convergence of digital assets with sports.

At Consensus 2025, industry experts discussed the convergence of AI and blockchain technologies. The keynote speaker highlighted how artificial intelligence could accelerate mainstream blockchain adoption through: - Improved user interfaces and experiences - Automated smart contract auditing - Enhanced security protocols - Simplified onboarding processes This follows earlier discussions from February where OKX leadership team shared insights on the intersection of Crypto, AI, and Web3 at Consensus Hong Kong. *Key takeaway*: AI integration may help overcome current barriers to widespread blockchain adoption.