Today’s crypto news was dominated by policy decisions, institutional product updates, and signs of uneven market demand. Bitcoin weakened despite fresh ETF inflows, while several headlines centered on access, taxes, and custody-related developments.
Kazakhstan narrows access for several exchanges in AIFC
A Kazakhstan court ordered restrictions on Coinbase, BingX, and four other crypto platforms for users in the Astana International Financial Centre. The injunctions, however, are limited to the AIFC and do not apply across the rest of the country. Another report on the same matter said nine other platforms voluntarily limited app access, leading the regulator to drop claims against them.
Sources: CoinDesk, Cointelegraph
France backs a new tax treatment for stablecoin trades
France’s parliament approved a vote to impose a 31% capital gains tax on crypto-to-stablecoin trades, according to the report. The measure would remove tax deferral for MiCA-compliant stablecoins starting in January 2027.
Sources: CoinDesk
Bitcoin ETFs and bank products stay in focus
BlackRock filed for another bitcoin ETF product designed to use options on IBIT to limit losses and gains, adding to its existing crypto lineup. The firm also drew the bulk of the day’s ETF inflows, while JPMorgan separately said it sees bitcoin delivering about 10% annual returns over the next decade, though it remains cautious about bitcoin’s portfolio role.
Sources: Decrypt, CoinDesk, Cointelegraph, CoinDesk, Cointelegraph
Bitcoin slips despite recent fund inflows
Bitcoin fell to around $81,400, down 0.5%, even after the largest daily spot ETF inflow in nearly a month. The report linked the weakness to broader market pressure from falling Asian chip stocks and said options traders were seeking downside protection.
Exploiter moves more stolen ether through Tornado Cash
The reported Drift exploiter sent $61 million in ETH to Tornado Cash and still holds $194 million. The same snippet says the April 1 hack caused roughly $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation.
Sources: Cointelegraph