Citadel Securities-Backed EDX Markets Files For National Trust Bank Charter

EDX Markets, a crypto exchange backed by Citadel Securities and Fidelity Digital Assets, has filed with the Office of the Comptroller of the Currency (OCC) for a national trust bank charter.

The OCC has not indicated a timeline for a decision on the application; however, if it is approved, EDX’s custody, management, and trading operations would fall under direct banking supervision.

Securing a trust bank charter would provide EDX with the regulatory framework needed to serve institutional investors, who have identified custody risks and regulatory uncertainty as obstacles to adopting crypto.

Other crypto firms have recently secured approvals from the OCC for a national trust bank charter.

In…

Read more on Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Hold Key Levels On Improved Sentiment and Regulatory Clarity – Grayscale

Bitcoin is holding near the $68,000 level as geopolitical tensions ease and regulatory clarity improves, helping stabilize the broader crypto market.

Notable Statistics:

Coinglass data shows 114,174 traders were liquidated in the past 24 hours for $256.84 million.       

SoSoValue data shows net inflows of $117.6 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $31.2 million.

In the past 24 hours, top gainers include Stable, Algorand and Sei.

Notable Developments:

Trader Notes: Trader Gordon Gekko said Bitcoin’s bottom may already be in place, though he warned of a potential final dip similar to November 2022 before a stronger upward reversal.

Benzinga

Interactive Brokers Adds Bitcoin Trading In European Economic Area

Interactive Brokers has launched crypto trading for eligible retail investors across the European Economic Area, extending its digital asset offering through Interactive Brokers Ireland Limited, an authorized crypto-asset service provider.

The rollout gives users access to 11 digital assets, including Bitcoin, alongside equities, options, futures, currencies, bonds, and mutual funds within a single account interface.

The offering is enabled through an integration with Zero Hash, which provides backend crypto and stablecoin infrastructure for institutional platforms. The partnership expands an existing relationship between the two firms and opens access to a market of roughly 450…

Read more on BitcoinMagazine

U.S. Treasury Launches First GENIUS Act Rulemaking Proposal

The U.S. Department of the Treasury has formally begun implementing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, releasing its first notice of proposed rulemaking (NPRM) and opening a 60-day public comment period.

The 87-page proposal outlines how the Treasury will determine whether state-level stablecoin regulatory regimes are “substantially similar” to the federal framework—a key threshold allowing smaller issuers to remain under state supervision.

Under the GENIUS Act, stablecoin issuers with less than $10 billion in outstanding supply can opt for state-level regulation, provided those regimes meet or exceed federal standards. The…

Read more on BitcoinMagazine

Citadel-Backed Exchange Applies For US Trust Bank Charter

EDX Markets, a cryptocurrency exchange backed by Citadel Securities, has applied for a national trust bank charter with the Office of the Comptroller of the Currency, marking a step toward deeper integration between digital asset firms and the US banking system.

The application, made public on April 1 according to recent filings, would allow EDX Markets to offer custody, asset management and principal trading services while continuing to operate its existing order-matching platform. The firm said the charter would place key functions such as custody and settlement under a regulated banking structure.

EDX Markets framed the move as part of an effort to reshape crypto market…

Read more on BitcoinMagazine

Genius Group (GNS) Dumps All Bitcoin Holdings To Clear Debt

Genius Group sold its entire Bitcoin reserves to repay $8.5 million in debt, the company said today. The firm entered a Bitcoin first strategy in late 2024 after the US election, allocating most reserves to Bitcoin and building a treasury position that reached 440 BTC by February 2025.

After a court order blocked fundraising and share issuance, the company sold portions of its holdings and reduced exposure. In February 2026, Genius Group held about 84 BTC after prior sales that included roughly 86 BTC in the month before.

The remaining Bitcoin was liquidated to remove $8.5 million in liabilities and support debt repayment, leaving the company without crypto reserves and selling…

Read more on BitcoinMagazine

HRF’s Bitcoin Development Fund Supports 26 Projects

The Human Rights Foundation (HRF) has announced 1.5 billion satoshis in new grants through its Bitcoin Development Fund (BDF), expanding support for projects focused on Bitcoin infrastructure, privacy, and education.

The funding round targets open-source developers, researchers, and educational initiatives working across Bitcoin’s ecosystem, with an emphasis on tools that strengthen financial privacy and censorship resistance. According to HRF, the grants are intended to advance Bitcoin-based technologies that can support dissidents and human rights defenders operating under authoritarian regimes.

The organization estimates its efforts ultimately serve billions of people…

Read more on BitcoinMagazine

Retirement Portfolios May Expand To Include Crypto Under New US Rule

“Level The Playing Field”

In a FOX Business interview on Tuesday, BlackRock Global Head of Retirement Solutions Nick Nefouse said the change is designed to “level the playing field,” giving more Americans access to a wider range of investments typically available in defined benefit plans.

He noted that many public-sector workers, such as firefighters and police officers, already benefit from broader investment access, while private-sector workers often face more limitations. The rule aims to address that imbalance.

Because 401(k) plans are a primary vehicle for building retirement wealth, and are typically long-term investments, supporters argue they should not be overly restricted. The…

Read more on Benzinga

BlackRock Files Ticker For Bitcoin Premium Income ETF As Bitcoin Strategy Expands

BlackRock has moved forward with its Bitcoin premium income strategy, revealing a ticker for its upcoming iShares Bitcoin Premium Income ETF. Bloomberg ETF analyst Eric Balchunas said on X that the fund will trade under “$BITA” and noted that BlackRock has filed an amended S-1 registration statement for the product, describing it as a sequel to its existing Bitcoin ETF lineup. 

He added that no management fee has been set, with his “over/under” estimate at 38 basis points. There is no official launch date yet.

The proposed ETF is designed to combine direct BTC exposure with an income-generating options overlay. 

According to prior SEC filings, the structure is…

Read more on BitcoinMagazine

Luxor Launches ‘Commander’ Fleet Management Software

Luxor Technology Corporation has unveiled Commander, a new fleet management and profitability optimization platform designed to give Bitcoin mining operators a unified control layer across their entire infrastructure.

The Seattle-based Bitcoin mining software firm says Commander is built to consolidate fleet operations, energy management, and profitability optimization into a single system within its broader ecosystem, according to a note shared with Bitcoin Magazine. 

Luxor, which already manages more than 1 gigawatt of Bitcoin mining and data center compute, positions Commander as a major step toward what it calls a “full-stack mining infrastructure,” integrating mining pool…

Read more on BitcoinMagazine