The Daily: Ripple CEO sees 90% chance of crypto bill passing by end of April, BGD Labs to stop contributing to Aave, and more

• The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Article Summaries:

• Ripple’s chief executive has expressed a 90 % confidence that the U.S. Congress will pass a comprehensive cryptocurrency bill by the end of April, citing growing bipartisan support and recent regulatory clarity. In other crypto‑finance news, BGD Labs announced it will cease its contributions to the Aave protocol, citing strategic realignment and a shift toward other DeFi projects. The newsletter also highlighted a range of ancillary updates, including new regulatory filings from major exchanges, a surge in institutional token holdings, and a brief overview of upcoming industry conferences. These developments underscore the sector’s rapid regulatory and strategic evolution.

Sources:

• https://www.theblock.co/post/390662/the-daily-ripple-ceo-sees-90-chance-of-crypto-bill-passing-by-end-of-april-bgd-labs-to-stop-contributing-to-aave-and-more?utm_source=rss&utm_medium=rss