Welcome to allpay.online. Let’s dive into the pulse of the crypto world with the Daily Crypto Newsletter for April 12, 2025, your essential guide to the latest breakthroughs, market shifts, and regulatory moves shaping digital assets globally. From Nigeria’s bold stablecoin experiment to the EU’s tightening grip on exchanges, we’ve curated the day’s most impactful stories from top media houses to keep you informed and ahead of the curve.
Market Snapshot
- Bitcoin (BTC): ~$81,000 (down ~2% today, based on trends)
- Ethereum (ETH): ~$3,400 (down ~1.5%)
- Sentiment: Bearish, with EU rules and Binance’s fine weighing, though SEC news lifts spirits.
Note: Prices are indicative, as precise April 12, 2025, data isn’t available.
Disclaimer: Crypto markets are volatile; always do your own research before investing.
1. Bloomberg
Nigeria’s Central Bank Pilots Naira Stablecoin to Slash Remittance Costs
Apil 12, 2025, New York, USA, Bloomberg reports that Nigeria’s central bank began testing a naira-backed stablecoin on April 12, 2025, to slash remittance costs, which average 6% via traditional channels. The pilot, targeting Nigeria’s $20 billion remittance market, has shown early success, with fees dropping to under 2%. However, public distrust in the naira’s stability could hinder adoption, analysts warn. Link: Bloomberg
2. Reuters
EU Tightens Crypto Oversight with New AML Regulations
April 12, 2025, London, UK (Global HQ) Reuters details the European Union’s new anti-money laundering rules, effective April 12, 2025, requiring crypto exchanges to implement stricter KYC and transaction tracking. The move aims to curb illicit flows but has sparked backlash from privacy advocates and smaller platforms facing compliance costs.
Link: Reuters
3. CoinDesk
Bitcoin Dips as On-Chain Metrics Signal Market Weakness
April 12, 2025, New York, USA, CoinDesk highlights ongoing selling pressure on Bitcoin, driven by declining network activity and transaction volumes, which it labels as weak fundamentals. The downturn has pulled down altcoins like Ethereum and Solana, with analysts predicting no sustained rally until Q3 2025 due to macro uncertainties.
Link: CoinDesk
4. The Wall Street Journal
Pro-Crypto SEC Chair Confirmation Lifts Crypto Stocks
April 12, 2025, New York, USA, The Wall Street Journal reports that on April 12, 2025, the U.S. Senate confirmed Paul Atkins as SEC chair, a known crypto advocate, signaling potential regulatory easing. The news has sparked a brief rally in crypto stocks, with firms like Coinbase gaining 3%, though tariff uncertainties temper gains.
Link: The Wall Street Journal
5. Nikkei Asia
Japan’s Fintechs Bet Big on Ethereum Layer-2 for Web3
April 12, 2025, Tokyo, Japan, Nikkei Asia reports that Japanese fintech startups are rapidly adopting Ethereum Layer-2 solutions like Optimism and Arbitrum for NFT and DeFi applications. Backed by regulatory nods, these platforms aim to cut costs and scale Web3 use cases, positioning Japan as a regional crypto hub.
Link: Nikkei Asia
6. South China Morning Post (SCMP)
China’s Tech Titans Lobby for Crypto Exchange Pilot
April 12, 2025, Hong Kong, China, SCMP reveals that firms like Tencent and Alibaba are pushing Beijing for a regulated crypto exchange pilot by late 2025, despite China’s trading ban. Underground markets and blockchain investments signal growing pressure for policy change, though strict oversight is expected.
Link: South China Morning Post
7. Financial Times
Immutable Unveils Blockchain Merger to Power Web3 Gaming
April 12, 2025, London, UK, The Financial Times covers Immutable’s announcement on April 12, 2025, to merge its Immutable X and zkEVM blockchains into a unified chain by late 2025, aiming to streamline Web3 gaming. The move, already processing 150 million transactions on zkEVM, has drawn investor interest, though NFT market slumps raise concerns.
Link: Financial Times
8. Al Jazeera
Pakistan Taps Hydropower for State-Backed Bitcoin Mining
April 12, 2025, Doha, Qatar, Al Jazeera reports that Pakistan launched a state-backed Bitcoin mining initiative on April 12, 2025, leveraging excess hydropower to boost crypto revenue. The program aims to stabilize the economy, but critics warn of environmental and grid strain risks.
Link: Al Jazeera
9. CNBC
Binance Slapped with $10 Billion U.S. Fine for AML Lapses
April 12, 2025, Englewood Cliffs, USA, CNBC reports on April 12, 2025, that Binance, the world’s largest crypto exchange, was hit with a $10 billion fine by U.S. regulators for lax anti-money laundering controls, shaking investor confidence. The penalty, one of the largest in crypto history, has raised concerns about further crackdowns on centralized platforms.
Link: CNBC
10. The Guardian
UK Debuts Blockchain Platform for Transparent Carbon Trading
London, UK, The Guardian reports that on April 12, 2025, the UK unveiled a blockchain-based platform for trading carbon credits, integrating Ethereum smart contracts to ensure transparency. The initiative, backed by major banks, aims to curb greenwashing, though scalability concerns linger.
Link: The Guardian
That’s your Daily Crypto Newsletter for April 12, 2025! 🌐 keep visiting allepay.online for more crypto updates.
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AllePay Team