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Brazil Enacts Law Allowing Seized Crypto to Support Public Security

Brazil’s lawmakers have equipped public security agencies with a new instrument in the fight against organized crime: the ability to repurpose confiscated cryptocurrency to fund policing efforts. Law No. 15.358, approved by the National Congress and published this week, creates a legal framework that treats digital assets as instruments of crime that can be seized, restricted from exchanges, and redirected to support police operations. The measure extends a police toolkit beyond traditional cash and property, allowing authorities to forfeit crypto assets tied to criminal activity and, with judicial authorization, deploy those assets for police reequipment, training, and special operations. The law signals a coordinated approach to asset recovery that could involve cross-border cooperation with international authorities, reflecting Brazil’s aim to address crypto-enabled crime on a global scale. Key takeaways Crypto assets tied to criminal activity can be treated as crime instruments, ...
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Bhutan Shifts 519.707 BTC Worth $36.8M to External Addresses as Holdings Drop 66% from Peak

Key Takeaways Bhutan's state-owned investment arm, Druk Holding and Investments, transferred 519.707 BTC worth approximately $36.75 million to external addresses. Total 2026 outflows from Bhutan's Bitcoin treasury have now exceeded $152 million, with holdings falling from nearly 13,000 BTC in late 2024 to approximately 4,453 BTC, a 66% reduction. Bhutan's earlier pledge to allocate up to 10,000 BTC toward the Gelephu Mindfulness City project now faces significant headwinds. The Royal Government of Bhutan moved another batch of Bitcoin from its sovereign treasury, transferring 519.707 BTC worth approximately $36.75 million to external wallets on Wednesday. The transaction spotted by Arkham Intelligence marks Bhutan's third major Bitcoin movement in March alone and continues a pattern of steady, institutional-grade liquidations that has defined the kingdom's crypto strategy in 2026. A Quietly Depleting Holdings The kingdom's holdings have fallen roughly ...
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Coinbase Enables Crypto-Backed Down Payments for Fannie Mae Loans

Coinbase Global has unveiled a mortgage structure with Better Home & Finance that would let qualified borrowers pledge digital assets held in Coinbase accounts to fund the down payment on a standard conforming mortgage backed by Fannie Mae. In the arrangement, borrowers would secure a separate loan—backed by their crypto holdings, such as Bitcoin or USDC—to cover the down payment, while the primary mortgage remains a conventional Fannie Mae–backed loan. Better will originate and service the mortgages. Coinbase describes the model as enabling buyers to keep exposure to digital assets while using a crypto-backed loan to cover the down payment. In effect, the down payment is funded by a separate crypto-collateral loan, while the main loan stays tied to traditional mortgage underwriting. If the rollout proves scalable, the approach could widen crypto’s role in U.S. housing finance beyond qualifying assets to a direct funding mechanism for home purchases. The development arrives amid br...
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White House Clears Path for Crypto in 401(k) Retirement Plans

The White House’s Office of Information and Regulatory Affairs (OIRA) has completed its review of a Department of Labor (DOL) proposal that could reshape how 401(k) fiduciaries evaluate alternative assets, including digital-asset exposure. Reginfo.gov indicates the review concluded on March 24, with the action labeled “consistent with change” and the proposal deemed economically significant. The DOL is now expected to publish the proposed rule for a standard 60-day public comment period, a typical step that precedes revisions and a final rule. The move sits inside a broader policy push from the executive branch. President Donald Trump’s August 7, 2025, executive order directed federal agencies to expand access to alternative assets in 401(k) plans, including digital assets via qualified investment vehicles. The order also directed the Department of the Treasury and the Securities and Exchange Commission to coordinate on enabling rule changes, signaling an inter-agency push to rethink t...
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Bitcoin's quantum gap could bolster Ethereum, says Nic Carter

Bitcoin’s cryptographic foundations are once again in the spotlight as prominent voices warn that post-quantum security will soon demand more than minor tweaks. Crypto entrepreneur Nic Carter has pressed Bitcoin developers to confront the quantum threat head-on, arguing that Ethereum already possesses a clearer post-quantum roadmap and momentum. The debate arrives amid broader signals that quantum risks are climbing higher on the industry agenda, with Google warning of a migration deadline and researchers warning that a significant portion of BTC could be exposed to quantum attacks in the long run. Elliptic curve cryptography underpins Bitcoin’s security. Users generate a private key and derive a public address through operations on a curved mathematical surface, a process that quantum computers could potentially undermine in the future. While the timeline remains debated, the risk is considered non-zero enough to fuel ongoing discussions about how to adapt. Carter has been vocal on X,...
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Tokenized SpaceX Stock Slips as IPO Filing Plans Advance

SpaceX Moves Toward IPO Filing With Strong Valuation Target SpaceX moves toward IPO filing with the SEC, targeting up to a $1.75 trillion valuation as tokenized stock dips and Bitcoin holdings remain steady. Key Highlights SpaceX Nears IPO Filing as Tokenized Stock Drops Below Recent Highs Musk’s SpaceX Targets $1.75T Valuation Amid Shifting Market Signals Tokenized SpaceX Shares Slip Despite Strong IPO Momentum SpaceX Lines Up Banks While Crypto-Linked Assets Show Mixed Trends IPO Buzz Rises as SpaceX Tokenized Stock and Volume Decline SpaceX is preparing a confidential IPO filing with the SEC, possibly within days. The company aims to raise over $75 billion. It could seek a valuation between $1.5 trillion and $1.75 trillion. Reports indicate that the filing timeline may shift slightly due to internal factors. However, preparations continue at a steady pace. The company has not issued an official statement on the matter. Major financial institutions are supporting the p...
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Circle backs Tazapay extension, boosting Series B to $36M

Tazapay, a cross-border payment infrastructure provider, has closed an extension to its Series B funding round, lifting total funding to $36 million. The extension was led by Circle Ventures and included participation from Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple. The new capital will be used to expand digital settlement technology for cross-border payments, secure additional licenses, broaden geographic reach across Asia, Latin America, the Middle East and the Americas, and build infrastructure for what the company calls “agentic payments.” Tazapay serves more than 1,000 enterprises and fintechs across 30 countries, and holds licenses in Singapore, Canada, Australia and the United States, with active applications underway in the European Union, United Arab Emirates and Hong Kong. “The demand we’re seeing from enterprises and fintechs across Asia, LATAM, and the Middle East is unmistakable; businesses want to move money faster, cheaper, and with full regulatory confi...
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