Senator Elizabeth Warren accused Trump of using his stablecoin to “enrich himself,” criticising the bill for empowering him and Musk.

Critics called the rule "unworkable," noting DeFi platforms run on automated code without human oversight or user identification.

A major tax rule targeting decentralized finance (DeFi) could soon be wiped out, as U.S. President is expected to sign a resolution repealing it. The rule, introduced during the Biden administration, required DeFi platforms to report crypto transactions to the IRS, much like traditional financial institutions.

Senator Kirsten Gillibrand defended local banks by advocating for stricter oversight of stablecoins through the GENIUS Act.

Trump's SEC nominee Paul Atkins pledged a “rational, coherent and principled” approach to crypto regulation, signaling a shift in the agency's stance. The post Trump's SEC Pick Atkins Pitches ‘Rational, Coherent' Crypto Policy in Confirmation Bid appeared first on Cryptonews.

As per a recent disclosure, a report by the Korean government's Public Officials Ethics Committee shows that a significant number of public officials are embracing cryptocurrency. On 27th March, the Korean government's Public Officials Ethics Committee released the regular updates on public officials' assets for 2025.

Market sentiment is shifting as technical and institutional signals hint at a potential crypto breakout.

President Donald Trump endorsed Senator Cynthia Lummis (R-Wyo.) in her reelection bid on Wednesday, praising her efforts to position the U.S. as the global hub for cryptocurrency.

Wyoming Governor Mark Gordon confirmed that the state would launch its WYST stablecoin in July after the testing period. The post Wyoming Plans to Launch WYST Stablecoin in July, Governor Confirms appeared first on Cryptonews.

An expert has warned that a crypto “killer app” could soon emerge overseas and “suck up South Korean wealth.” The post Expert Warns ‘Crypto Killer App' Could ‘Suck up South Korean Wealth' appeared first on Cryptonews.

The Senate on Wednesday passed a resolution to repeal the Biden-era IRS DeFi reporting rule, sending it to President Trump for final approval. The post Biden-Era IRS DeFi Broker Rule Repeal Passed by Senate, Heads to President appeared first on Cryptonews.

The U.S. Congress is moving forward with efforts to regulate the cryptocurrency industry, with a particular focus on stablecoins. A new stablecoin bill has been introduced in the House of Representatives, building on previous legislative efforts.

Trump's SEC nominee signals a dramatic pivot from Gensler-era crackdowns as Capitol Hill braces for a regulatory reset.

The asset manager added four new roles to its website, including a legal counsel to advise on ETF launches.

GameStop has announced plans to raise up to $1.3 billion through convertible debt to further increase its Bitcoin holdings. Led by CEO Ryan Cohen, Gamestop is now raising funds through convertible debt to boost its BTC holdings. This comes just a day after the company revealed its Bitcoin (BTC) treasury strategy.

Cryptocurrency prices have had a mixed performance this week as demand from investors rose a bit. Bitcoin price was stuck below $88,000, while the market cap of all cryptocurrencies remained slightly below $3 trillion. This article explores three altcoins that can help you turn $500 to $1K in the coming months.

The following is a guest post from Susannah Evans, IBC Product Lead at Interchain Foundation. The future of the internet is shaping up to be promising, and there is no doubt that blockchain and Web3 technologies have been at the forefront of this innovation, promising decentralization, security, and financial sovereignty.

Congress is taking swift action to shape the future of stablecoins in the crypto world. The House of Representatives just released its version, following the Senate's recent approval of a similar bill.

Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users' financial habits.

Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power. Canaan Eyes U.S.

The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head to US President Donald Trump's desk.On March 26, the Senate voted 70-28 to pass a motion repealing the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to crypto. The Senate had voted to pass the resolution earlier in March, which also passed the House, but it was sent back to the Senate for a final vote before it could be sent to Trump.

Congressman Tom Emmer reintroduced the Securities Clarity Act on March 26 alongside Rep. Darren Soto, reviving a bipartisan effort to clarify the classification of digital assets under federal securities law.

Industry advocacy group DeFi Education Fund has brought together 35 crypto firms to address a letter to eight U.S. lawmakers asking them to “correct” the Justice Department's (DOJ's) interpretation of provisions of criminal law concerning the operation of an unlicensed money transmitting business.

Fidelity Investments is in the final stages of testing its own U.S. dollar-pegged stablecoin as part of its growing interest in blockchain-based financial products.

Regulators signal a seismic shift toward crypto clarity with four new SEC roundtables, fueling optimism as trading, custody, DeFi, and tokenization take center stage. Crypto Regulations Enter New Phase as SEC Unleashes 4 New Roundtables The U.S.

A seasoned crypto trader is warning that the current bounce in the altcoin market will likely be short-lived. Pseudonymous analyst The Flow Horse tells his 266,500 followers on the social media platform X that he thinks crypto is still bearish and the latest rally will probably lead to another leg down.

Rosenblatt analysts believe that Coinbase is successfully mitigating the impact of weaker trading volumes.

Wyoming is planning to launch its own stablecoin in July, with LayerZero as the issuance partner. The WYST stablecoin will use cash, Treasury bonds, and repurchasing agreements to maintain its peg to the US dollar.

The US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on March 26, substantially revising the February 5 draft.

Wyoming Governor Mark Gordon said the state's proposed stablecoin might be ready to launch by July, with the Wyoming Stable Token Commission announcing interoperability protocol LayerZero as a partner for the token launch.Speaking at the DC Blockchain Summit on March 26, Gordon praised the speed and efficiency of the Wyoming state government in embracing blockchain technology. Anthony Apollo, the executive director of the Wyoming Stable Token Commission, also confirmed: "The Stable Token Commission has formally engaged LayerZero as our token development and distribution partner, and we have stable tokens — Wyoming stable tokens — on several test networks.

Binance exec Tigran Gambaryan, once detained in Nigeria under controversial charges, was awarded the inaugural Hero Award by The Digital Chamber at the DC Blockchain Summit in recognition of his ordeal. The post Kidnapped Binance Exec Tigran Gambaryan Receives First Ever Hero Award At DC Blockchain Summit appeared first on Cryptonews.

As a dozen crypto companies have been freed from enforcement actions and ongoing investigations, Unicoin remains in enforcement limbo.

US Securities and Exchange Commission (SEC) member Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views. Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC's crypto task force, said she expected that the commission could create more “durability” for digital asset regulations through rulemaking at the agency and legislation in Congress.

The U.S. Securities and Exchange Commission (SEC) is announcing four more roundtable events in 2025 for its task force to discuss the digital assets industry. According to a new press release, the regulatory agency plans to add four roundtable discussions about crypto assets and how they are regulated to its calendar of events.

The House version of stablecoin legislation was released publicly as another bill on crypto clarity was reintroduced and the Senate weighed its crypto IRS effort.

Digital assets firm Grayscale has disclosed that blockchain applications generated $2.6 billion in revenue in the first quarter of 2025. The research, which provided insights into the crypto industry performance for Q1, noted that this increase happened despite the 18% decline in its Crypto Sectors price index.

Rep. Emmer has reintroduced a bill that could be a "precursor" for market structure legislation that lawmakers are hoping to get passed.

Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap still trails Raydium in market dominance, signaling an ongoing battle for supremacy in Solana's DEX ecosystem.

A group of U.S. lawmakers said legislators will meet in the coming days to advance efforts to enshrine crypto regulations into law.

Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice's interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability.

The State of Wyoming has officially begun testing its state-issued stablecoin, called the Wyoming Stable Token (WYST), across several blockchain networks. This is potentially the first fiat-backed and fully reserved stablecoin issued by a US public entity.

The state of Wyoming is planning to issue its own "stable token," and could be the first state to take such an action.

While Casey was in DC, I traveled to Las Vegas for the Exchange ETF conference. I didn't gamble, but rather spent time reflecting (through a crypto lens) on all that's changed since I last attended the event three years ago.

Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.

The SEC is organizing four additional crypto roundtables this spring, inviting public and industry input on digital asset regulation in Washington, D.C., as it reassesses its regulatory approach under the Trump administration. The post SEC to Host 4 Additional Crypto Roundtables as Regulatory Approach Shifts appeared first on Cryptonews.

The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit

It is time to break crypto trading in Kazakhstan out of the special economic zone, a member of the parliament has said. The overwhelming majority of operations with digital assets are not conducted in the Astana International Financial Center (AIFC), even though current law only allows that activity there.

Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC.Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New York praised her state for having some of the most robust financial regulations in the world, and said they should be adopted by all financial services sectors. According to Gillibrand, these regulations need to be applied to stablecoin issuers, whether they are regulated at the state or federal levels, to ensure compliance with existing laws and to protect consumer safety.