Data center infrastructure provider Hive Digital is doubling down on its long-term Bitcoin treasury strategy and is using the recent market sell-off to expand its mining capacity and acquisition targets, signaling a growing shift among public miners to retain their mined assets. In an interview with Cointelegraph, Hive Digital’s chief financial officer, Darcy Daubaras, said…
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Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, said comprehensive stablecoin legislation is expected to be finalized in the coming months, underscoring the government’s urgency to maintain the US dollar’s dominance in onchain activity. Speaking at the Digital Asset Summit in New York on March 18, Hines said stablecoin…
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ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies. Speaking virtually at the Digital Asset Summit in New York on March 18,…
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Betters on Polymarket believe it’s now a certainty that the US Federal Reserve will wind down its quantitative tightening (QT) program by May of this year, a move many analysts say could trigger the next leg of the crypto bull market. By March 14, Polymarket’s betting odds that the Fed would end QT by April…
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Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions. The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058. According to a…
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Cryptocurrency exchange OKX has acquired a key European Union license that will enable the company to offer derivatives products throughout the region, potentially opening the door to a more advanced segment of the trading community. In a March 12 announcement, OKX’s Europe CEO, Erald Ghoos, confirmed that the exchange acquired a Markets in Financial Instruments…
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Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors. In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help…
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Bitcoin miner CleanSpark will join an important benchmark for US small-cap stocks, underscoring the company’s recent string of profitability despite industry volatility following the April 2024 halving. Beginning March 24, CleanSpark’s stock will be included in the S&P SmallCap 600 Index. As the name implies, the index measures the performance of small US companies that…
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The Thailand Securities and Exchange Commission (SEC) has approved Tether’s USDt (USDT) and Circle’s USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country. Thailand’s SEC announced the approvals last week after soliciting feedback from the public on proposed regulatory changes that were finalized in February and scheduled…
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White House crypto czar David Sacks has further elaborated on the US government’s decision to treat Bitcoin as a special reserve asset, calling it a “scarce” digital resource that could benefit the country over the long term. In a March 7 interview with Bloomberg Technology, Sacks said, “We’ve decided that Bitcoin is scarce, it’s valuable,…
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