Goldman Sachs, the world's second-largest investment bank, has acknowledged the growing influence of cryptocurrencies in its annual shareholder letter for the first time. This marks a significant shift in Wall Street's attitude toward digital assets, especially as many major banks are slowly adapting to the crypto market.
David Sacks, the newly appointed AI and cryptocurrency affairs chief, has sold over $200 million in digital asset-related investments before taking office. A White House memo revealed that Sacks sold his cryptocurrency holdings through personal accounts and his company, Craft Ventures.
SEC and CFTC Reaffirm Market Oversight as Crypto Enforcement Shifts
Coinbase continues its winning streak in the crypto industry this week with the dismissal of a lawsuit in Vermont and the approval to offer its
At the beginning of 2025, Donald Trump's return to power led to a sharp revision of the government's crypto policy and explosive market movements. The Trump administration declared a pro-crypto stance, from establishing a strategic Bitcoin reserve to softening the Securities and Exchange Commission (SEC) positions. However, instead of a prolonged rally, the Web 3.
Coinbase just scored a massive legal win as Vermont rescinds its case on staking services, reinforcing that staking is not a security. This marks another major setback for regulators trying to rein in crypto. Vermont Drops Case Against Coinbase, Strengthening Crypto's Legal Standing Coinbase Global Inc. and Coinbase Inc.
Crypto markets are primed for a massive breakout as institutional investors ramp up exposure to high-potential altcoins. Strategic investments today could yield 100x returns by 2026.
MoonPay secures a Money Transmitter License in Wisconsin, reinforcing compliance with U.S. regulations and expanding its crypto payment services. The license allows Wisconsin residents to fund their MoonPay Balance without extra fees, reflecting the platform's continued growth in regulated markets. The post Crypto Payments MoonPay Acquires Wisconsin Money Transmitter License appeared first on Cryptonews.
The crypto password-cracking company Unciphered is in turmoil over the surfaced sexual assault allegations of one of its co-founders, Morgan Marquis-Boire.
Changpeng Zhao has dismissed claims of Trump family involvement in Binance.US, labeling WSJ's report as politically motivated and inaccurate.
Thomas John Sfraga, known as T.J. Stone, has been sentenced to 45 months in prison for wire fraud. Prosecutors revealed he defrauded real estate and cryptocurrency investors out of over $2 million, using fake businesses and false promises to fund a Ponzi-style scheme while portraying himself as a crypto expert. The post Crypto Influencer T.J. Stone Sentenced to 45 Months for Fraud appeared first on Cryptonews.
For the future of crypto regulation, the US Senate Banking Committee recently advanced the Guiding and Establishing National Innovation for US Stablecoins Act, commonly known as the GENIUS Act, with a bipartisan vote of 18-6. Sponsored by Senator Bill Hagerty (R-Tenn.
Venture capital funding for crypto startups has yet to rebound in line with recent regulatory clarity in the U.S. despite showing signs of recovery in the months following President Donald Trump's election.
Six days ago, on March 8, 2025, the tokenized Blackrock USD Institutional Digital Liquidity Fund (BUIDL) held $668 million in assets under management (AUM). Since then, its AUM has soared by 50.3%, eclipsing the $1 billion threshold.
A previously unknown type of cryptojacking malware called MassJacker is targeting piracy users and hijacking crypto transactions by replacing stored addresses, according to a March 10 report from CyberArk.The cryptojacking malware originates from the website pesktop[dot]com, where users seeking to download pirated software may unknowingly infect their devices with the MassJacker malware. After the malware is installed, the infection swaps out crypto addresses stored on the clipboard application for addresses controlled by the attacker.
Cryptocurrency experienced significant volatility recently, with bitcoin (BTC-USD) rising past $100,000 in December, only to fall back to $76,000, and now trading around $83,000. Tyrone Ross, principal and founder of 401 Financial, joins Catalysts host Madison Mills to discuss the importance of long-term investing and the role of regulation in shaping the future of the crypto market.
David Sacks sold over $200 million in crypto investments before stepping into his role as the Trump administration's AI and crypto czar, according to a March 5 White House memo. The document revealed that $85 million of those assets were personally owned by David, while the rest were liquidated through his firm, Craft Ventures.
Argentina's Comisión Nacional de Valores (CNV) has introduced new regulations for virtual asset service providers (PSAVs), requiring them to comply with registration, cybersecurity, anti-money laundering, and asset custody standards to ensure transparency and consumer protection in the crypto sector. The regulatory framework — dubbed Resolution No.
California man John Khuu was sentenced to over seven years in federal prison for laundering drug trafficking proceeds through crypto. Authorities say he used dark web markets to sell illegal drugs, accepting crypto payments before converting them to cash through multiple transactions and accounts. The post California Man John Khuu Sentenced to Over 7 Years for Crypto Money Laundering Scheme appeared first on Cryptonews.
On Friday, a federal court ordered Thomas John Sfraga, known as "TJ Stone," to pay $1,337,700 in forfeiture and to serve a 45 month prison sentence.
PayNation said Friday (March 14) that its new Crypto-Payment Portal is available now to facilitate B2B payments. “With its built-in speed, security and transparency, cryptocurrency provides businesses with an efficient way to process larger transactions more quickly and at a lower cost,” PayNation CEO Perryn Holtrop said in a Friday press release.
This week's crypto regulation news covers major developments, including the U.S. Senate's approval of the GENIUS Act, scrutiny over Trump's crypto reserve proposal, Binance's $2B investment, and OKX's new MiFID II license. Explore the shifting regulatory landscape impacting digital assets worldwide. The post Weekly Crypto Regulation News Roundup: GENIUS Act, Trump's Crypto Reserve, Binance Lands $2B Investment, and More appeared first on Cryptonews.
Mike Novogratz, the founder and CEO of Galaxy Digital, reiterated his belief in the rapid expansion of real-world asset (RWA) tokenization. His statement came after BlackRock's tokenized fund, BUIDL, surpassed $1 billion in Assets Under Management (AUM).
The odds of a recession are rising, markets are crashing and President Donald Trump is forging ahead with tariffs.This volatile playbook is eerily similar to Trump's first term, which started with a bang before giving way to one of the biggest bull markets in recent history. However, this time, Trump seems to have dropped the stock market as one of his favorite barometers of success, opting instead to focus on the long-term health of the US economy.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
Bitwise's head of alpha strategies said this week that MSTR is "more akin to altcoin behavior that tradfi Investors can find access to."
Crypto.com revealed on March 14 that it has acquired a limited license from Dubai's Virtual Asset Regulatory Authority to offer derivatives in the UAE. The firm also acknowledged that the new issuance extended the provisions of its existing VASP license to operate in the region.
On today's episode of CNBC Crypto World, bitcoin and ether rise to end the week. Plus, Binance founder Changpeng Zhao responds to a report of a Trump pardon deal, while one Democrat lawmaker urges the Treasury Department to end President Trump's crypto reserve plans.
After 15 years of research at the Massachusetts Institute of Technology (MIT), Random Linear Network Coding (RLNC) is ready for commercialization in the Web3 industry, according to Muriel Médard, an MIT professor and founder of blockchain infrastructure developer Optimum.Optimum emerged from stealth on Feb. 28 as a decentralized memory infrastructure that can be utilized by any blockchain seeking to bring scalability to Web3. It utilizes the RLNC technology that was first formulated by Professor Médard.
John Khuu, a California man, received an 87-month sentence after he pleaded guilty to conspiracy to commit money laundering. The U.S. DOJ claimed the accused imported counterfeit pharmaceuticals and sold them in the US in exchange for Bitcoin.
WSJ and Bloomberg reported on Thursday that Trump's family discussed buying a stake in Binance's U.S. arm
While highlighting the growing adoption of blockchain and digital assets, the banking giant warned about potential risks.
Thomas John Sfraga, also known as “TJ Stone,” received 45 months in prison for wire fraud and was ordered to pay more than $1.3 million in forfeiture as part of a scheme targeting crypto investors.In a March 14 notice, the US Justice Department said Sfraga was sentenced in the US District Court for the Eastern District of New York (EDNY) for wire fraud following a May 2024 guilty plea. Court filings stated that the influencer and podcaster claimed he was the owner of businesses — including Vandelay Contracting, a name based on a running joke from the television series Seinfeld — and the emcee of many crypto events in New York City.
Democrat Rep. Gerald E. Connolly is demanding that the US Treasury intervene in a political dispute over the Trump administration's efforts to create a US crypto reserve.
TL;DR Wall Street has changed its stance towards cryptocurrencies, driven by the support of the Trump administration and the willingness of major financial institutions. Trump has confirmed the creation of a strategic Bitcoin reserve, which has contributed to its acceptance within the traditional financial system.
A White House memo revealed that David Sacks, President Trump's AI and Crypto czar, sold over $200 million in digital asset-related investments.
A Delaware bankruptcy court allowed Three Arrows Capital to dramatically expand its claim against FTX, further complicating creditor payouts.
Brazil is spearheading a blockchain initiative within BRICS to improve cross-border trade efficiency. Moving away from common currency plans, the initiative prioritizes speed, transparency, and regulatory oversight, with projects like Drex and Pix shaping Brazil's digital payment landscape. The post Brazil to Explore Blockchain for BRICS Cross-Border Trade: Report appeared first on Cryptonews.
Other investors RedotPay's Series A round included HSG, DST Global Partners, Accel and Vertex Ventures, according to a statement.
The craze for memecoins on the Pump.fun platform is drastically fading. The survival rate of tokens has fallen below 1% for four consecutive weeks, reflecting a growing disinterest from investors in this type of speculative asset.
US President Trump's outspoken acceptance of near-term economic hardship has placed risk assets—including Bitcoin (BTC) and the broader crypto market—under mounting pressure. According to a thread by The Kobeissi Letter on X, President Trump's strategy revolves around tolerating significant “short term pain” in order to drive down inflation and facilitate the refinancing of over $9 trillion in US debt.
LayerAI's surge has been driven by rising Open Interest, on-chain activity, and significant short liquidations.
Argentina's securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions. The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No.
The stablecoin bill sponsored by Senator Bill Hagerty (R-TN) is moving to the next stage of the legislative process after securing support from the Senate Banking Committee with a bipartisan 18-6 vote. The Guiding and Establishing National Innovation for U.S.
Mutuum Finance (MUTM) is rapidly gaining investor confidence, with over 5,500 holders already securing their tokens ahead of its expected surge. With a decentralized lending model and strong demand in the presale, MUTM is positioned for significant growth. The token is still available at $0.
TL;DR Bitcoin and Ethereum lead the surge as inflation fears hit traditional markets, highlighting the value of cryptocurrencies as financial safe havens. Consumer confidence dropped to its lowest level in two years, while inflation fear reached its highest point in 32 years, driven by tariffs and uncertain economic policies.
The growing stablecoin supply suggests increased market liquidity and potential for continued crypto market expansion and trading activity. The post Rising stablecoin supply signals crypto's bull run isn't over yet appeared first on Crypto Briefing.