ZEDXION

Hong Kong's cryptocurrency ETF market shows steady growth with virtual asset ETFs surpassing HKD 100 million in trading volume. This follows the May 2024 debut of spot Bitcoin ETFs, which launched with $8.5 million in initial trading volume. - Combined Bitcoin and Ethereum ETF volume reached $12 million at launch - Market demonstrates gradual institutional adoption - Signals growing mainstream acceptance in Asian markets *Latest figures represent significant growth from initial launch volumes*

Tether's USDT stablecoin is set to operate on a new dedicated blockchain that promises zero-fee transactions. The development comes through a partnership with Zedxion, marking a significant shift in USDT's infrastructure. - Zero transaction fees for USDT transfers - Custom blockchain specifically for stablecoin operations - Similar to earlier Plasma blockchain initiative This move could potentially reduce costs for USDT users and improve transaction efficiency across the crypto ecosystem.

Morocco is preparing legislation to legalize cryptocurrency use, marking a significant shift from its 2017 ban. The North African nation aims to boost financial inclusion and innovation through this regulatory change. - New framework will establish guidelines for crypto trading and usage - Move aligns Morocco with global trends in digital currency adoption - Policy change expected to enhance financial accessibility The legislation represents Morocco's evolving stance on digital assets, potentially positioning the country as a regional crypto hub.

Kazakhstan is advancing plans to establish a national cryptocurrency reserve using seized digital assets and state-mined cryptocurrencies. The initiative aims to: - Strengthen the country's financial innovation landscape - Develop comprehensive regulatory frameworks - Position Kazakhstan as a significant player in global crypto policies The move represents a strategic shift in how governments approach digital assets, potentially setting precedents for other nations considering similar measures. *Implementation timeline targets 2025-2026* **Key focus on regulatory compliance and security measures**

South Korea announces plans to reclassify cryptocurrency companies as startups, making them eligible for significant tax benefits and support programs. This policy shift follows ongoing debates about crypto taxation in the country since late 2024. Key changes: - Tax cuts for qualified crypto firms - Access to startup support programs - Recognition as legitimate business entities This reclassification marks a significant shift in South Korea's approach to crypto regulation, potentially making the country more attractive for blockchain businesses.

Vanadi, a prominent Spanish coffee chain, has approved a significant Bitcoin reserve strategy with a planned investment of $1.17 billion. This move positions them alongside companies like Strategy and Metaplanet in adopting Bitcoin for corporate treasury. The decision follows a growing trend of traditional businesses turning to Bitcoin as a value preservation tool. Recently, Hong Kong's Reitar Logtech announced similar plans with a $1.5B Bitcoin purchase. - First major F&B industry Bitcoin investment - Board approval secured for implementation - Part of broader corporate Bitcoin adoption trend This development signals increasing mainstream acceptance of Bitcoin as a corporate treasury asset.

**Amazon, Walmart, and Expedia** are exploring the possibility of launching their own stablecoins to reduce payment processing costs. This move could help these retail giants avoid expensive credit card transaction fees. The initiative represents a significant shift in how major retailers approach payment systems. By implementing stablecoins, these companies could: - Reduce transaction costs - Improve payment processing efficiency - Enhance cash flow management - Create new customer loyalty opportunities This development could potentially challenge traditional payment networks and accelerate mainstream crypto adoption in retail.

Several significant stablecoin developments marked this week in crypto: - Federal Reserve Governor recognizes stablecoins as legitimate payment tools - Dubai Financial Authority approves Ripple's RLUSD stablecoin - JPMorgan announces plans for cryptocurrency ETF financing services - Bipartisan support grows for Stablecoin Innovation Act in U.S. Senate - BCP receives FCA registration and launches GBP stablecoin These developments signal growing institutional acceptance and regulatory clarity in the stablecoin sector. The combination of traditional finance players and regulatory bodies taking concrete steps suggests a maturing ecosystem.

ZEDXION cryptocurrency exchange shows consistent trading performance in April 2025: - Daily volume: $1.55B (April 24) - Top performer: TRUMP/USDT (+31.15%) Historical context shows: - Volume range: $1.13B-$2.95B this month - Notable gainers included: * MYRO/USDT (+96.27%) * NULS/USDT (+84.24%) * MAGIC/USDT (+72.52%) [Visit ZEDXION](http://zedxion.io) for live trading data.

Kentucky has joined the growing list of states enacting digital asset legislation, with the Governor signing a new bill protecting digital asset rights. This follows Utah's successful passage of similar legislation and initiatives in Maryland, marking a significant trend in state-level crypto regulation. - 18 states now actively working on digital asset legislation - Builds on February's momentum when Utah cleared its bill - Represents growing state-level recognition of digital assets The law aims to establish clear guidelines for digital asset ownership and trading within Kentucky's jurisdiction.