COCO PAY brings you the top web3 stories of the past week. Don’t miss it!
— The US will not integrate Dogecoin into government processes — confirmed by Elon Musk, head of the Department of Government Efficiency (DOGE).
— The European Insurance and Occupational Pensions Authority (EIOPA) proposed requiring insurers to back crypto assets with capital equal to their full value.
— Musk’s AI company xAI acquired his own social platform X in a stock swap deal. xAI was valued at $80 billion, while X was valued at $33 billion, including $12 billion in debt.
— Coinbase CEO Brian Armstrong suggested amending US law to allow stablecoin issuers to pay interest directly to users’ on-chain wallets.
— Mastercard announced the expansion of its Multi-Token Network (MTN), aiming to integrate digital assets with traditional finance and improve payments to the level of Venmo and Zelle.
— US President Donald Trump announced new import tariffs — starting April 5, all foreign goods will be taxed at a minimum of 10%.
— Following a leaked conversation among senior Trump administration officials, mistakenly sent to a journalist from *The Atlantic*, the Signal messenger saw a surge in popularity.
— Binance co-founder Changpeng Zhao (CZ) donated 1,000 BNB tokens (about $600,000) to support victims of a 7.7-magnitude earthquake that struck Thailand and Myanmar on March 28.
More updates soon. COCO PAY — always keeping you informed!