Author: Cointelegraph By Aaron Wood

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Ripple celebrates SEC’s dropped appeal, but crypto rules still not set

Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry.  The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as…
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The case against Pavel Durov and why it’s important for crypto

Telegram founder Pavel Durov has been allowed to leave France temporarily, but the preliminary charges against him raise significant questions for the crypto community. On March 13, a French court gave the founder and CEO of the encrypted messaging app Telegram permission to leave for Dubai, where he had previously resided. Durov had been in…
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Congress repealed the IRS broker rule, but can it regulate DeFi?

The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi. On March 12, the House of Representatives voted to nullify a rule that required DeFi protocols to report gross proceeds from crypto sales, as well as info on taxpayers involved,…
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US-Canada tariff flip-flops have Bitcoin miners on their toes

Bitcoin miners are adapting their business strategies as the continued trade war between the US and Canada makes energy prices and policies all the more uncertain. US President Donald Trump threatened to double his tariffs on steel and aluminum from 25% to 50%, leading the government of the province of Ontario to walk back its…
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What Canada’s new Liberal PM Mark Carney means for crypto

Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency.  Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England. He also shared concerns over…
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Blockchain industry braces for White House Crypto Summit: What to expect

Crypto business leaders and US government officials are set to meet at the White House Crypto Summit on March 7, a high-profile event that follows President Donald Trump’s executive order to establish a strategic Bitcoin (BTC) reserve and national digital asset stockpile. The event — the agenda of which is not yet public — will…
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How can Bukele still stack Bitcoin after IMF loan agreement?

Salvadoran President Nayib Bukele raised eyebrows among industry observers on March 4 when he said that his government’s Bitcoin purchases won’t stop, despite a requirement from the International Monetary Fund (IMF). El Salvador struck a $1.4 billion loan deal with the IMF in January on the condition that it walk back Bitcoin (BTC) adoption and…
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SEC drops 6 cases, memecoin craze cools and more

The crypto industry has had a memorable month in February, with major policy changes on the horizon and growing Bitcoin adoption globally. A new report this month shows that the Bitcoin network is decentralizing apace. Public companies now account for 35% of global hashrate, and China’s dominance in hashrate has decreased to 14%. In the…
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SBF always played both sides of the aisle despite new Republican plea

Bankman-Fried is hoping that he can appeal his case or secure a pardon from President Trump. Source link

Trump floats 20% ‘dividend’ check, but DOGE savings still don’t add up

DOGE admitted to clerical errors in its estimated savings, but observers say they haven’t been properly reflected in its documentation. Source link