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The spot Bitcoin ETFs in the United States have witnessed record net outflows, with BlackRock's iShares Bitcoin Trust (IBIT) experiencing its first-ever day of outflows. 

Hong Kong’s ZA Bank, a unit of China's ZhongAn Online P&C Insurance, is reportedly exploring ways to offer virtual asset-related services after new regulations for digital assets launch in June.

Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023. 

The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.