Crypto
Regulation
Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight
The proposed rules targetting digital assets are expected to generate nearly $10 billion in additional tax revenue by 2025.
Regulation
Wyoming to recognize DAOs as legal entities under newly passed law
The bill recognizes the blockchain-related aspects of DAOs and has attracted praise from several members of the crypto industry.
Regulation
Worldcoin files lawsuit to appeal Spain’s ban
Spanish authorities banned Worldcoin on March 6 after receiving several complaints about the project.
AI
AI crypto market cap doubles to $25 billion in 20 days
The same AI tokens had a market cap of just $10 billion three weeks ago.
Adoption
Uzbekistan taps Tether to boost crypto, blockchain development and regulation
A primary focus of the collaboration is to support the creation of a legal framework and regulatory policies conducive to the growth of crypto and other digital assets in Uzbekistan.
ETF
Gary Gensler compares Bitcoin’s latest all-time high to a ‘roller coaster ride’
The SEC chair cautioned crypto investors to carefully consider each crypto projects cash flows, use cases, and potential status as a security.
Legal
DCG, Silbert deny NYAG allegations, move to dismiss $3 billion lawsuit
DCG and its CEO Barry Silbert have categorically denied the NYAG's allegations, framing them as baseless and lacking substantial evidence.
Legal
SEC request court to take further action after reaching ‘impasse’ with Binance.US
The watchdog claims that Binance.US has failed to meet its legal obligations, while the firm claims it has fully complied with regulatory requests.
ETF
Spot Bitcoin ETFs record $10 billion in daily volume, breaking previous record
ETF performance coincides with BTC reaching a new all-time high.
Politics
Deaton now accepting crypto donations in campaign against Elizabeth Warren
Deaton is seeking crypto donations from the industry he is expected to champion in government.
ETF
BlackRock looking to include Bitcoin exposure in other funds
The asset manager has filed an amendment to include Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX).
Exchanges
Coinbase experiences second zero-balance bug in five days
Coinbase users were unable to see their account balances for around three hours on March 4 as Bitcoin saw another rally to new yearly highs.