The U.S. Department of the Treasury released its first proposed rule under the GENIUS Act and opened a 60-day public comment period. The plan would let payment stablecoin issuers operate under federal oversight or under qualifying state regimes if outstanding supply is below $10b, with larger issuers shifting toward OCC-led supervision.

On-chain analysts say Bitcoin falling below its Realized Price near $54,000 would historically align with a strong accumulation area, though BTC is still roughly 20% above that mark. Bitcoin was trading around $67,250 and is down about 20% year-to-date, while some watchers warn weakness could persist as exchange and derivatives signals turn cautious.

Solana and Ethereum set new transaction records in Q1 2026, underscoring two different approaches to network activity. Solana processed 10.1 billion transactions, while Ethereum logged just over 200 million, pointing to scale-led throughput on one chain and value-focused settlement on the other.

On April 1, the CFTC said a U.S. federal court entered a supplemental consent order against former FTX head of engineering Nishad Singh, which—together with a prior order—wraps up the agency's enforcement action. The Southern District of New York ordered $3.7 million in disgorgement, a five-year trading ban, and an eight-year registration ban, and required continued cooperation. The CFTC added it is not seeking restitution or a civil monetary penalty at this time.

SpaceX has confidentially submitted a draft registration statement to the U.S. SEC, a step that could set up a public debut as early as June 2026. The company is said to be targeting a valuation above $1.75 trillion and a $50 billion to $75 billion raise, while reporting roughly $15 billion to $16 billion in revenue and about $8 billion in profit in its most recent year.

Robinhood CEO Vlad Tenev said Robinhood Banking has exceeded $1.5 billion in deposits, supported by nearly 100,000 funded accounts. The service, launched in November 2025 for Robinhood Gold users, offers FDIC-insured checking and a high-yield savings option via Coastal Community Bank. The update came as HOOD rose 6.35% on March 30, while Coinbase faces potential pressure on USDC-related rewards under the GENIUS Act and the pending CLARITY Act.

On March 30, the CFTC said a U.S. federal court entered a consent order against Peken Global Limited, an entity linked to operating the KuCoin exchange, over U.S. participants' access to its trading system without foreign board of trade registration. The agency said the Southern District of New York imposed a permanent injunction and ordered a $500,000 civil monetary penalty, while no disgorgement was sought or awarded.

Meta plans to roll out dollar-linked stablecoin payments across Facebook, Instagram and WhatsApp in the second half of 2026, focusing on integrating existing tokens rather than issuing its own. The company is seeking external partners to run infrastructure, compliance and settlement while Meta concentrates on the in-app wallet experience and distribution. The approach reflects the regulatory backlash that followed Libra/Diem and positions Meta as a payments interface layered on top of regulated stablecoins.