US Treasury Secretary Scott Bessent recently called for bringing Bitcoin (BTC) onshore and said he would discuss the next steps for possibly acquiring more BTC at the White House Crypto Summit on March 7. Bessent appeared in a CNBC interview and criticized the US government’s previous sales of Bitcoin. The treasury secretary told the interviewer:…
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The Texas Senate passed the Bitcoin (BTC) strategic reserve bill SB-21 in a 25-5 vote on March 6, following a fierce debate on the state Senate floor. Texas State Senator Charles Schwertner, who introduced the legislation, argued for the bill and said it would help Texas shore up its balance sheet with a valuable, scarce…
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Japan’s Liberal Democracy Party (LDP), the ruling party in Japanese politics, is moving ahead with comprehensive regulatory reform on cryptocurrencies that would slash the capital gains tax on crypto to 20% and categorize digital assets as a distinct asset class. According to LDP lawmaker Akira Shiizaki (Akihisa), cryptocurrencies will be categorized as a new asset…
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During a March 5 hearing of the House Financial Services Committee, US Representative Sean Casten, an Illinois Congressperson, argued that “crypto-friendly rules” threaten US national security. The lawmaker made the remarks while debating H.R. 1716, the “Taiwan Conflict Deterrence Act of 2025,” accusing President Donald Trump and Elon Musk of dismantling Anti-Money Laundering and financial…
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Representative Mike Collins, a United States congressman for the state of Georgia, announced that his congressional campaign is now accepting cryptocurrency donations as of March 5. Donations can be made in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), USDt (USDT) and others. Collins released a statement alongside the announcement: “America has been…
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United States President Donald Trump recently announced that the President’s Working Group on Digital Assets has been directed to include XRP (XRP), Solana (SOL), and Cardano’s ADA (ADA) in the crypto strategic reserve. The President did not mention Bitcoin (BTC) in his March 2 Truth Social post or any other cryptocurrencies to be included in…
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Ethereum co-founder Vitalik Buterin has joined calls to free early crypto investor and entrepreneur Roger Ver, who is locked in a legal battle with the United States Department of Justice (DOJ) over alleged tax evasion and faces extradition to the US. Buterin reposted Silk Road founder Ross Ulbricht’s message calling for the prosecution against Ver…
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US Securities and Exchange Commission Commissioner Caroline Crenshaw issued a dissenting opinion on the SEC’s recent stance that memecoins are not securities. According to the commissioner’s Feb. 27 statement, memecoins could satisfy the Howey test’s condition of profiting from the managerial efforts of others due to the coordination between developer teams and promoters. The commissioner…
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Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last election cycle due to the previous administration’s anti-crypto policies. In an interview with Cointelegraph’s Turner Wright during the ETHDenver Conference, Liao pointed to the Securities and Exchange Commission’s…
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Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation. The bill gives the Texas Comptroller of Public Accounts the authority to acquire, sell and trade any investment “that a…
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