US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March…
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Despite including several large-market cap altcoins, US President Donald Trump’s planned crypto reserve will eventually be made up almost “entirely of Bitcoin,” says Bitwise chief investment officer Matt Hougan. “Market participants have soured on the announcement because the proposed reserve holds more than Bitcoin,” Hougan explained in a March 5 market note. “The inclusion of small-cap…
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The US Securities and Exchange Commission’s Crypto Task Force is set to host a roundtable later this month on the “security status” of digital assets. It comes the same day the agency announced the staffing lineup for the task force, which taps a former big law firm crypto lawyer along with longstanding SEC staff. The…
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An illegal crypto ATM operator has been sentenced to serve four years in prison for operating them — in the UK’s first criminal sentencing for unregistered crypto activity. Olumide Osunkoya illegally operated a network of crypto ATMs, which he did without the needed regulatory permission, the Financial Conduct Authority (FCA) said in a Feb. 28…
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The US Securities and Exchange Commission, under former chair Gary Gensler, used settlements to pressure founders of decentralized finance platforms from ever working in the industry again, according to venture capital firm Founders Fund partner Joey Krug. “The thing people don’t really know about is that the government, in many cases, went to founders of…
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The US Securities and Exchange Commission says it does not view memecoins as securities but warned any fraudulent tokens could still be subject to enforcement actions by other regulators. The agency’s Division of Corporation Finance said in a Feb. 27 statement that, in its view, memecoins “do not involve the offer and sale of securities…
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The SEC, Justin Sun and three of his companies jointly asked a US federal court to pause the regulator’s case against the crypto entrepreneur. Source link
The directors of the Securities and Exchange Commission’s regional offices will reportedly be soon out of a job as the agency looks to cut costs. Source link
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets. Source link
Crypto market sentiment dived 24 points to “Extreme Fear” on Feb. 25 as US President Donald Trump said 25% tariffs against Canada and Mexico are on schedule. Source link