U.S. Trade Representative Greer said Trump has made it clear that there will be no tariff exemptions in the near future.

a16z seeks to raise $20 billion for its largest fund ever.

Cboe BZX, a unit of Cboe Options Exchange Group, is filing a proposed rule change (19b-4 filing) with the U.S. Securities and Exchange Commission to list and trade shares of the Canary SUI ETF.

Richard Teng, CEO of Binance, wrote on the X platform: "There has been a lot of discussion about the recent tariff escalation, and I want to share my views on what this means for the crypto market now and in the long term. The resurgence of trade protectionism is causing significant volatility in global markets, and cryptocurrencies are no exception. In the short term, this macro uncertainty tends to trigger a risk-averse reaction, with investors withdrawing funds and waiting for economic growth, policies, and trade situations to develop. However, looking ahead, this environment may also accelerate people's interest in cryptocurrencies as a non-sovereign store of value. Many long-term holders continue to believe that Bitcoin and other digital assets are resilient during periods of economic pressure and changing policy dynamics."

Crypto dining app Blackbird Labs has completed a $50 million Series B financing round, led by Spark Capital, with participation from Coinbase, a16z crypto, Union Square Ventures and Amex Ventures. The financing is used for company equity and token warrants, which are allocations of unreleased cryptocurrencies. Founder Ben Leventhal said he raised the money in the fourth quarter of 2024, and he declined to disclose the implied valuation of the round. Blackbird Labs has raised $85 million since 2022.

Crypto payment company Ripple acquires prime brokerage Hidden Road for $1.25 billion, aiming to expand its services for institutional investors. CEO Brad Garlinghouse said the acquisition represents Ripple's efforts to integrate a wider range of services to attract large institutions. He said: "Ripple needs to ensure that we have the right infrastructure to attract and expand to a larger group of large institutions." The transaction is mainly in the form of cash, XRP and stocks. Subject to regulatory approval, the acquisition will be completed in the next few months, and Hidden Road founder Marc Asch will continue to serve as Ripple's head of primary brokerage.

The U.S. Department of Justice notified employees late Monday that the agency is disbanding a unit dedicated to cryptocurrency-related investigations. In a four-page memo reviewed by Fortune, U.S. Deputy Attorney General Todd Blanche announced the decision, saying: "The Department of Justice is not a digital asset regulator. However, the previous administration used the Department of Justice to implement a strategy of reckless regulation through prosecution." Blanche is the No. 2 official at the Justice Department and a defense attorney during Trump's 2024 criminal trial. He wrote that the National Cryptocurrency Enforcement Unit (NCET) is being disbanded "immediately" as part of the Justice Department's efforts to comply with Trump's January executive order on digital assets, which was intended to "establish regulatory clarity for the industry." As part of Monday's memo, Blanche instructed DOJ employees to focus on "prosecuting those who prey on digital asset investors," rather than pursuing cases against cryptocurrency exchanges, mixers like Tornado Cash, and "offline wallets."

The US Chamber of Commerce, the largest lobbying force in the US corporate sector, is considering suing the Trump administration to stop new tariffs that will take effect on Wednesday, according to Fortune magazine, two sources said. The organization, which represents millions of US businesses large and small and is heavily funded by industry giants, has been weighing the possibility of taking the tariff dispute to court, and some of its larger members are urging it to do so. One of the sources said other groups may also file a lawsuit with the chamber.

Possibly affected by Binance's plan to delist 14 tokens, four tokens including PROS and FIRO fell by more than 50%, among which: PROS fell 54.66% in a short period of time and is now quoted at 0.1131 US dollars; FIRO fell 51.99% in a short period of time and is now quoted at 0.349 US dollars; BETA fell 50.78% in a short period of time and is now quoted at 0.008 US dollars; CREAM fell 50.53% in a short period of time and is now quoted at 1.87 US dollars; VIDT fell 44.54% in a short period of time and is now quoted at 0.012 US dollars; NULS fell 44.15% in a short period of time and is now quoted at 0.046 US dollars; UFT fell 43.75% in a short period of time and is now quoted at 0.0225 US dollars; Earlier news, Binance will delist the first batch of 14 tokens decided by voting on April 16.