The Central Bank of Nigeria has launched an AML/CFT supervisory pilot for crypto and fintech firms, selecting six entities to join the initial phase. The program aligns with FATF Recommendations 15 and 16, including the travel rule, and requires monthly compliance data submissions plus audits of onboarding, sanctions screening, and transaction monitoring.

Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal recognition under the Decentralized Unincorporated Nonprofit Association (DUNA) Act. The measure (Senate Bill 277) was introduced in February, passed the Alabama House 82-7 with 16 abstentions on March 17, and has now been signed by Governor Kay Ivey.

Sen. Cynthia Lummis called the Digital Asset Market Clarity Act of 2025 the "best thing that could happen to the DeFi community," arguing it could bring legal certainty for developers, validators, and node operators. Yet Polymarket pricing still reflects hesitation, with odds at 49% at the time of writing. Separately, Better Money Company says it plans a "stablecoin clearinghouse" as stablecoin transaction volume reached $72.3 trillion over the last 12 months.

Plume has started a payroll pilot that lets employees take a portion of their wages in WisdomTree’s WTGXX, a regulated tokenized money market fund. Built with partners Toku and WisdomTree, the model delivers a yield-bearing asset at payday rather than paying only cash-like stablecoins. Plume will begin with its own staff while exploring whether payroll can become a broader channel for onchain financial products.

EDX Markets Holding Company, Inc. is seeking approval to form EDX Trust, National Association, a de novo national trust bank based in Chicago, to serve institutional clients with digital asset custody, asset management, and settlement. The application became public on Wednesday, April 1, and the OCC had already placed it on its pending digital-asset licensing list on March 26. If cleared, EDX Trust would operate electronically with no branches or retail offering, while trading and order matching would remain with affiliate EDX Markets LLC.

Drift Protocol, a Solana-based DeFi platform, said on April 1, 2026 that it is investigating unusual activity and urged users not to deposit funds while the review continues. Lookonchain reported that more than $270 million in crypto was suspiciously moved to wallet "HkGz4K", then swapped into USDC and bridged to Ethereum to purchase ETH. The tracker said the buying reached 19,913 ETH ($42.6 million) before rising to 38,820 ETH ($82.6 million).

Drift Protocol has suspended deposits and withdrawals after confirming an active attack and disclosing the incident on 1 April. Early on-chain estimates put potential losses near $285m, spanning assets such as $71.4m in USDC and $159.3m in JLP. The team said it is working with security firms, bridges, and exchanges, while the alleged exploit method remains unconfirmed.

On April 1, the U.S. Department of the Treasury released a notice of proposed rulemaking seeking public input on how stablecoin oversight should align between state regimes and the federal framework under the GENIUS Act. The proposal says states may supervise payment stablecoin issuers with total issuance below $10 billion if their rules are deemed substantially similar to federal requirements, and comments are due within 60 days after publication in the Federal Register.