The Pi Core team has announced the launch of the Pi Hackathon, which is the latest move to boost the Pi coin’s utility. The event will involve developers trying to build decentralized applications (dApps) that can attract more users to the network. Details About The Pi Hackathon For Developers In a blog post, the Pi
Mark Uyeda, Acting Chair of the US Securities and Exchange Commission (SEC), has encouraged crypto industry participants to offer input on a proposed framework. The initiative is designed to ease regulatory pressure on digital asset trading.
Speaking at the SEC’s April 11 Crypto Task Force roundtable, Uyeda highlighted the growing disconnect between current regulations and the realities of blockchain innovation.
SEC Considers Federal Licensing Model to Streamline Crypto Compliance
Uyeda likened the evolution of crypto markets to the early days of US securities trading, which began under a buttonwood tree in New York City.
He argued that early brokers created rules that suited the needs of their time. In the same way, modern regulators must now consider frameworks that align with the distinct structure of crypto platforms.
Unlike traditional exchanges, crypto trading systems often combine custody, execution, and clearing into one platform. Blockchain technology makes this integration possible.
Uyeda pointed out that this setup can improve transparency, efficiency, and trading speed. He also highlighted benefits like 24/7 trading through smart contracts and streamlined collateral management via tokenization.
“Blockchain technology offers the potential to execute and clear securities transactions in ways that may be more efficient and reliable than current processes,” Uyeda said.
Still, Uyeda acknowledged that the architects of US securities laws never anticipated blockchain technology or decentralized systems. As a result, compliance challenges have emerged as many tokenized securities remain unregistered and ineligible for national exchanges.
Besides that, existing rules, such as the order protection rule, are also difficult to apply in hybrid trading environments where assets move between on-chain and off-chain systems.
Uyeda also criticized the current patchwork of state-by-state licensing requirements, which create barriers for crypto firms aiming to operate nationwide.
To address these gaps, Uyeda proposed a conditional relief framework that could support experimentation while maintaining investor protections. He also suggested that a unified federal licensing model under the SEC could simplify compliance and enhance market consistency.
“Under an accommodating federal regulatory framework, some market participants would likely prefer to offer trading in both tokenized securities and non-security crypto assets under a single SEC license rather than offer trading solely in non-security crypto assets under fifty different state licenses,” Uyeda said.
Nonetheless, he invited industry experts to recommend specific areas where such relief would unlock practical use cases without undermining market integrity.
Uyeda’s remarks signal the SEC’s growing awareness that digital asset regulation must evolve. While long-term reform may take time, the proposed relief framework could create room for innovation without compromising market safeguards
Dogecoin (DOGE) price continues to show strong bullish momentum, with analysts pointing to a potential meme coin rally. After breaking above a key resistance trendline, DOGE remains positioned for further gains. The breakout target of $0.6533 suggests a possible 318% increase, drawing attention from market participants. Technical indicators, wave structures, and trading volume trends support the possibility of an extended upward move.
Dogecoin Price Breaks Key Resistance
Dogecoin price has surged 129% since breaking through a critical resistance trendline, signaling a shift in market dynamics. The formation of higher lows indicates a potential continuation of the uptrend, with price action suggesting an early expansion phase.
Technical analysis points to a well-defined breakout structure that aligns with historical price movements. Elliott Wave Theory on the chart suggests that DOGE price may be in the middle of a bullish impulse wave. The volume spikes confirm increased market participation, reinforcing the likelihood of sustained upward movement.
Source: X
Moreover, the market structure indicates that the top meme coin price is following a bullish wave pattern, forming a series of higher highs and higher lows. A curved trendline on the chart suggests that the DOGE has transitioned from a prolonged correction phase into a breakout phase.
Fibonacci extension levels and historical resistance points indicate that DOGE could reach the projected breakout target of $0.6533. If this pattern holds, the top meme coin price may see further increases as momentum builds.
Ali Martinez Identifies a Buy Signal
Supporting the bullish outlook, analyst Ali Martinez has pointed out a potential rebound in Dogecoin price using the TD Sequential indicator. The indicator has flashed a buy signal on the daily chart, which traders often use to identify trend reversals. This development comes after a period of bearish candles, suggesting that DOGE may be entering a recovery phase.
Source: X
Martinez’s analysis highlights a green buy setup on the latest price candle, indicating that bullish momentum could return. If DOGE sustains buying pressure, the price may move toward higher resistance levels.
Key Levels to Monitor
Dogecoin price remains in a strong position following the breakout, with support levels holding above key zones. The formation of higher lows suggests that buyers are maintaining control, reinforcing the possibility of further gains.
Resistance levels remain critical for confirming the next phase of the rally. The primary breakout target of $0.6533 remains in focus, with Fibonacci extension levels providing additional reference points. If DOGE maintains its current trajectory, the price could continue to climb, supporting the broader bullish outlook.
Another analyst recently provided a more optimistic approach, predicting the meme coin price could reach $90 by the end of 2025. Crypto analyst DOGECAPITAL highlighted that this parabolic rally would occur in phase 3 of DOGE’s bull run, mirroring past market cycles.
At press time, the Dogecoin price is trading at $0.1669, reflecting a 6% increase in the last 24 hours. The meme coin’s market cap has surged to $24.77 billion, while its 24-hour trading volume jumped by 13% to $2.49 billion, indicating strong buying interest.
SG Forge, the crypto division of French banking giant Societe Generale, is set to enter the dollar-backed stablecoin race with USD CoinVertible (USDCV). The launch comes on the heels of its successful MiCA-compliant euro stablecoin, EUR CoinVertible (EURCV).
USDCV Stablecoin to Launch on Ethereum and Solana
According to reports, USDCV will be deployed on both the Ethereum and Solana blockchains, offering fast and scalable transactions. While the exact launch date hasn’t been confirmed, insiders suggest an early July 2025 rollout.
SG Forge already operates EURCV, a euro-backed stablecoin with a market cap of $47.9 million and a circulating supply of over 41.8 million, according to CoinGecko.
Key Features and Institutional Backing
USD CoinVertible (USDCV) will support:
Crypto trading
Cross-border payments
On-chain settlements
Foreign exchange transactions
Collateral and cash management
The reserves behind USDCV will be custodied by Bank of New York Mellon, adding a layer of institutional trust.
USDCV is expected to follow MiCA regulatory standards, just like its euro-pegged counterpart. This aligns the project with the European Union’s push for legal clarity and consumer protection in crypto.
Stablecoin Market Landscape in 2025
The stablecoin market cap currently stands at $254.37 billion, with $49.13 billion in daily volume. The top five stablecoins by market cap are:
Stablecoin
Market Cap
Tether (USDT)
$155.22 Billion
USDC
$60.96 Billion
USDS
$7.20 Billion
Ethena (USDe)
—
Dai
—
The dominance of USD-pegged stablecoins highlights the competitive pressure SG Forge’s USDCV will face. However, its regulated framework, strong banking roots, and multi-chain presence could help it carve out a niche.
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SG Forge, the crypto division of French banking giant Societe Generale, is set to enter the dollar-backed stablecoin race with USD CoinVertible (USDCV). The launch comes on the heels of its successful MiCA-compliant euro stablecoin, EUR CoinVertible (EURCV). USDCV Stablecoin to Launch on Ethereum and Solana According to reports, USDCV will be deployed on both …