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BEIJING — German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle targeted at a higher end of the market.

The National Bank of the Republic of Belarus has prepared a pilot program for a central bank digital currency (CBDC), according to the official BelTA news agency. The country will make a decision on the issuance of a digital Belarusian ruble by the end of the year, chairman of the national bank Pavel Kallaur said.  

UK regulators are suffering from a "democratic deficit" which is holding back growth, according to a new report from a high-profile group of MPs.

Bitcoin was last up 1.96% at $30,233. (Representational)

bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last 2% higher at $30,262. It has gained about 6% since the start of the month, after rising 23% in March. The token's surge follows Friday's closely-watched U.S. nonfarm payrolls report that showed employers maintained a strong pace of hiring in March, pointing to a still-resilient economy. However, banking sector turmoil sparked by last month's collapse of Silicon Valley Bank has raised market expectations that the Fed is unlikely to lift interest rates much higher for longer as it looks to ease stress on the sector.

Six plaintiffs backed by America’s largest crypto exchange Coinbase are pursuing a renewed legal action against the United States Department of Treasury. The plaintiffs, who sued the Treasury Department back in September 2022 over the sanctions placed onTornado Cash, are requesting the court to deliver a partial summary judgment in the case. 

The peer-to-peer cryptocurrency exchange Paxful has succumb to the relentless pressures of the ongoing crypto downturn.

China and Malaysia are considering moving forward on discussions regarding an Asian Monetary Fund as distancing from U.S. dollar hegemony becomes a greater priority in the region.

Binance has lost a big share of its total trading volumes since ending its zero fees on Bitcoin pairs and in wake of the US Commodity Futures and Trading Commission (CFTC)’s lawsuit against the firm.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Friday March 31st 2023 – The presale for the Metaverse and play-to-earn (P2E) gaming app, Fight Out, has successfully raised over $6 million from investors, with the presale coming to a close today at 00:00 April 1st UTC.

Thursday March 30th 2023 – With only 36 hours remaining before the presale concludes, the play-to-earn (P2E) gaming app Fight Out has secured $6 million from investors. The token is set to be listed on centralized exchanges on April 5th.

Bitcoin [BTC] has been having quite a rally over the past three months as its prices soared materially. Due to the excitement around BTC, the net exchange flow for Bitcoin has also increased in this period.

The hype around AI tokens seemed to have faded. Inasmuch, Fetch [FET] witnessed a decline in key metrics. Santiment’s chart revealed a few concerning metrics for Fetch, which suggested decreased usage on the blockchain. The daily active addresses and transaction count declined sharply over the last few weeks as well.

Defaults and vacancies are on the rise at high-end office buildings, in the latest sign that remote work and rising interest rates are spreading pain to more corners of the commercial real-estate market.

The price of Binance Coin (BNB) has fallen by 5% in the past 24 hours, dropping to $310 in response to the news that the CFTC has filed a civil enforcement action against Binance and its CEO, Changpeng Zhao.

The FUD which gripped the Shiba Inu [SHIB] ecosystem since the testnet launch of layer-2 blockchain Shibarium, could soon be a thing of the past.

New York’s Nasdaq Stock Exchange is planning to launch a crypto custody service by the end of the second quarter, Bloomberg reported on 24 March.

Global securities marketplace Nasdaq Inc. is gearing up to launch its custody services for digital assets by the end of the second quarter of this year, according to Bloomberg.

Switzerland’s central bank raised its key interest rate Thursday and said the country’s bank crisis had ended, the latest sign that policy makers are determined to press down on inflation despite strains in the banking system.