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news-imageMarch 12, 2025

Major Industry Victory: US Congress Overturns IRS Crypto Rules

The US House and Senate voted to overturn the controversial IRS disclosure requirements for certain crypto brokers, relieving excessive burdens on digital asset transactions.
Publisher: Crypto Daily
Sentiment: Positive
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cover-imageCointelegraph
March 12, 2025

Web3 gaming investors no longer throwing money at ‘Axie killers'

The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising.In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in. The executive also said users go from project to project to extract value.

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Positive
cover-imageCointelegraph
March 12, 2025

Gemini crypto exchange adds USD payment rails for European institutions

Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment supportGemini has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland, the firm said in an announcement shared with Cointelegraph on March 12. “We plan to expand our rollout of USD rail support to our European Union institutional customers in the next few weeks,” said Gemini's head of Europe, Mark Jennings.

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Positive
cover-imageCoinPedia
March 12, 2025

US Crypto Strategic Reserve: How Trump's Plan Could Reshape the Economy

Since the victory of pro-crypto candidate Donald Trump in the US presidential election, the US government's attitude towards the cryptocurrency sector has changed. Since the induction of Trump, he has introduced several pro-crypto policies. The most prominent of those policies is the establishment of a US Crypto Strategic Reserve.

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Positive
cover-imageCrypto Economy
March 12, 2025

Sony's Blockchain Platform Soneium Announces Integration With LINE's Mini-Apps

TL;DR Soneium-LINE Partnership: Sony's Layer-2 blockchain platform, Soneium, has partnered with social media giant LINE to integrate four popular mini-apps on-chain. Enhanced Blockchain Experience: This move aims to provide LINE's nearly 200 million users with smoother, scalable, and more accessible blockchain interactions.

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Negative
cover-imageBenzinga
March 12, 2025

US Crypto Users Missed Receiving Over $2.5 Billion In Airdrops Due To Geoblocking: Report

Geoblocking policies in cryptocurrency airdrops may have cost Americans up to $2.6 billion in potential earnings from 2020 to 2024, a report released Monday revealed. What Happened: Dragonfly, a cryptocurrency-focused venture capital firm, published a report detailing the financial impact of geoblocking policies on U.S. users in airdrops—a marketing stunt that involves sending free tokens to users to promote a project and drive engagement.

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Positive
cover-imageBitcoin
March 12, 2025

Line Partners With Sony's Soneium to Launch Blockchain Mini-Apps for 200 Million Users

Line, Japan's largest social media network, has announced a partnership with Sony's recently launched “Soneium” blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem.

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Positive
cover-imageInvestingCube
March 12, 2025

Bybit Expands P2P Trading with Incentives Amid Growing Demand for Crypto Accessibility

DUBAI, United Arab Emirates, Mar. 12, 2025 — Bybit, the world's second-largest cryptocurrency exchange by trading volume, is enhancing its peer-to-peer (P2P) trading ecosystem with new initiatives designed to attract merchants and experienced advertisers. As demand for crypto-based financial solutions grows globally, Bybit is introducing merchant referral rewards and a fast-track verification program for high-volume traders, reinforcing its commitment to a more accessible and efficient P2P market.

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cover-imageCryptoSlate
March 12, 2025

Bipartisan approval in Congress overturns IRS DeFi crackdown

The US House of Representatives has voted overwhelmingly to overturn the controversial DeFi broker rule introduced by the Internal Revenue Service (IRS) under President Joe Biden's administration. The measure passed with strong bipartisan support, as 292 lawmakers voted in favor while 132 opposed it.

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cover-imageCoingape
March 12, 2025

Mesh Raises $82M ‘Stablecoins Supported' Funding, to Expand its Global Crypto Payments Network

Mesh, a pioneering global crypto payments network established in 2020, has announced securing $82 million in funding to expand its global crypto payments infrastructure. Its network, which interconnects prominent exchanges, wallets, and financial services, allows users to transact using various crypto assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

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Positive
cover-imageCoingape
March 12, 2025

Binance Reveals Major Backing For These 5 Crypto, Prices To Rally?

The latest update from cryptocurrency exchange Binance nabbed substantial investor attention globally. An update from the platform on Wednesday revealed that users are poised to witness five new spot listings shortly ahead.

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cover-imageCryptonews
March 12, 2025

NFT Company Sues Fashion Conglomerate LVMH for Patent Infringement

A company specializing in smartwatch face designs sold through NFTs has filed a lawsuit against luxury goods giant LVMH, alleging patent infringement. The post NFT Company Sues Fashion Conglomerate LVMH for Patent Infringement appeared first on Cryptonews.

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cover-imageAltcoin Buzz
March 12, 2025

Coinbase Registers with India's FIU for Crypto Trading

This milestone enables Coinbase to offer crypto trading in one of the world's most dynamic markets. Coinbase plans to launch its initial retail services later this year, with further investment and products to follow.

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cover-imageCrypto Reporter
March 12, 2025

Best Altcoins to Buy for March 2025: Top 3 Crypto Picks Poised for a Breakout

Have you been searching for the best altcoins to buy for March 2025 but feel overwhelmed by the endless options? With the crypto market evolving rapidly, it's crucial to identify projects that offer strong utility, real-world adoption, and solid growth potential. Some altcoins fade into the background, while others position themselves for a major breakout.

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cover-imageCointelegraph
March 12, 2025

America must back pro-stablecoin laws, reject CBDCs — US Rep. Emmer

US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values.On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House of Representatives. Emmer renewed his call for Congress to pass the legislation at the March 11 hearing.

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cover-imageCointelegraph
March 12, 2025

Nigeria's crypto future: Striking a balance between innovation and regulation

Opinion by: Mohammed Idris, Minister of Information of Nigeria Nigeria has emerged as one of the most active and dynamic crypto markets in recent years. From bustling tech hubs in Lagos to grassroots communities in smaller cities, young Nigerians have turned to cryptocurrencies to address fundamental economic challenges, from hedging against inflation to accessing global markets in a way traditional finance often does not allow.

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cover-imageBitcoin
March 12, 2025

Market Makers Accused of Helping Investors Bypass Locked Token Arrangements

Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market. Constructing ‘Two-Sided Books' Some venture capital (VC) firms and angel investors reportedly have devised methods enabling them to offload locked-up tokens before they can be traded on the open market.

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Neutral
cover-imageCoinPedia
March 12, 2025

US CPI Report Today: How Will Crypto Market React to Fed's Next Move?

The US market is eagerly waiting for the second inflation report of 2025. The report is scheduled to be released today. Analysts predict a slight drop in both headline and core inflation. If confirmed, this would be the first time since July 2024 that both inflation indicators have declined.

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cover-imageCrypto news
March 12, 2025

US House votes to overturn IRS defi broker rule

Lawmakers in the United States have voted to scrap the Internal Revenue Service's controversial rule that would have forced decentralized finance platforms to report user transactions. The motion against the IRS DeFi broker rule saw bipartisan support, with the U.

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cover-imageCryptonews
March 12, 2025

US SEC Postpones Approval Decisions for Several Crypto Spot ETFs

The SEC postponed altcoin ETF approvals for further review, though analysts still see high chances of approval. The post US SEC Postpones Approval Decisions for Several Crypto Spot ETFs appeared first on Cryptonews.

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Positive
cover-imageCrypto Briefing
March 12, 2025

Sony's Soneium teams up with LINE to integrate mini-apps into blockchain

The partnership could significantly boost web3 adoption in Asia, leveraging LINE's vast user base and enhancing blockchain accessibility. The post Sony's Soneium teams up with LINE to integrate mini-apps into blockchain appeared first on Crypto Briefing.

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