COINDESK weekly summary: regulatory victories, market trails



It was a week of red in cryptographic and traditional markets, with bitcoin as a plot of less than $ 80k on March 10 and ETH fell to $ 1,821 the same day. Too too for Trump’s blow. ” With the new administration at a rate this week, the markets were scared by a recession and cryptography was not immune.

Even so, progress in digital assets was everywhere, and our reporters reported everything with a neat. Blackrock’s Bellwether Buidl fund exceeded the $ 1 billion treasure bonds and tokenized treasures reached $ 4.2 billion, Kris Sandor said. Moonpay, a payment aggregator, made an important acquisition of Stablecoin, Will Canny wrote. Ripple won a payment license at the EAU (Shaurya Malwa). OKX won a license to operate in Europe, said Camomile Shumba. Coinbase announced plans to offer 24/7 futures operations in the United States, Helene Braun reported.

TambiĆ©n hubo grandes noticias regulatorias. The United States Chamber voted to revoke the controversial “Rule of Corridors” of IRS in a great victory for Defi operators. And a Senate committee voted to send the Genius Stablecoin bill to the floor, before the probable approval there.

The Trump family continued to be a front in cryptography news. World Liberty Financial completed a sale of tokens of $ 590 million (for investors accredited for now), with an assistance of the advisor/investor and founder of Tron Justin Sun. The Wall Street Journal reported that a Trump family representative also explored to buy a participation in Binance.US, through World Liberty Financial.

From our Asia team, Sam Reynolds examined how the last draft of the Genius Law aims to divide the regulation of Stablcoin between state and federal authorities.

Parikshit Mishra reported Coinbase returning to India after a two -year parenthesis, triggering the discussion about the future of cryptography in India.

Shaurya Malwa continued his excellent reports on XRP, expelling multiple reports on Ripple. Malwa also reported on the implications of excessive leverage in the cryptography market, since hyperlichid lost $ 4 million due to a massive trade leverage in ETH.

Market Maven, Omkar Godbole, expelled a timely piece on the Bitcoin’s upward signal before the United States CPI report, and also arrived early to detect how Eric Trump’s tweet in Crypto was establishing short -term merchants for disappointment.

Meanwhile, Tom Carreras had an excellent characteristic about how Bitdeer, a Singapore -based miner, hopes to shake the mining machine market.

Hopefully next week he will bring better news in the markets. But, anyway, our reporters will be there to cover what matters.



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