The resolution repealing the IRS rule will need to pass the House and, if successful, will be sent to US President Donald Trump, who has signaled he'll support killing the rule.

U.S. Commerce Secretary Howard Lutnick has indicated that President Trump might roll back tariffs on Canadian and Mexican goods as early as tomorrow. This follows a day of intense negotiations with both nations, suggesting a potential compromise in U.S. trade policy. The move could scale back some of the recently imposed 25% tariffs.

Pump.fun's volume nosedived from $119B in January to $44B in February, marking a 63% decline as memecoin hype fades.

The U.S. Senate has voted 70-27 to overturn an Internal Revenue Service rule that would have imposed new reporting requirements on decentralized finance brokers.

Bybit's CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. The incident, which occurred on February 21, involved approximately $1.4 billion worth of cryptocurrency, making it one of the largest hack on a centralized exchange in the crypto market.

The White House Crypto Summit will take place with 20-25 shows, including industry leaders and government officials.

The White House is preparing for its first crypto summit on Friday, and the biggest names in the industry are competing for an invite.

Developers are integrating AI with blockchain, allowing autonomous humanoid robots to manage digital assets.

Everything you need to know about the White House crypto summit on Friday and how we got here.

The White House is preparing for its inaugural Crypto Summit on March 7, a pivotal event that will bring together some of the biggest names in the cryptocurrency industry and government. President Donald Trump is set to headline the event.

The SEC's new Crypto Task Force is launching roundtables to reshape crypto regulation, starting March 21, as enforcement cases drop and pro-innovation policies take hold. SEC's Crypto Roundtables Signal Major Policy Shift The U.S.

Despite the current downturn, Pump.fun's overall impact since its January 2024 launch remains remarkable.

According to an X post by Trump's AI and Crypto Czar, David Sacks, earlier today, the White House supports Senator Ted Cruz and Representative Mike Carey in their bill to roll back the DeFi Broker law passed by the previous Biden administration.

With a split among Democrats, the Senate resolution to erase the IRS' DeFi-focused crypto broker rule passed with a massive majority and is now up to the House.

The SEC sued Cumberland DRW in October, claiming it operated as an unregistered securities dealer in handling more than $2 billion in crypto assets.

One pivotal event scheduled as part of President Donald Trump's push for digital innovation is the White House Crypto Summit, which will be held on Friday, March 7. According to a White House Press Release, the summit will bring together industry leaders, investors, and policymakers, with President Trump leading discussions on the future of digital

Key Takeaways: Cumberland DRW reached an agreement with the SEC to formally end its lawsuit over allegations of operating as an unregistered dealer, though its finalization is still pending approval. .

Research fellow at the Harvard Kennedy School and Former CFTC Chairman Timothy Massad, joins CoinDesk with insights into the establishment of a regulatory framework for digital assets in the U.S. Plus, why President Trump's involvement in crypto will "create ongoing conflicts of interest." This content should not be construed or relied upon as investment advice.

Coinbase filed a Freedom of Information Act (FOIA) request to seek information on the Securities and Exchange Commission (SEC)'s spending on enforcement actions against crypto firms during the Biden Administration.

Yuga Labs' regulatory battle has ended as the SEC closed its probe.

Despite hitting its lowest trading volume since October, Pump.fun's February figures still rank as the fourth-highest since its launch in 2024.

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, a Chicago-based crypto trading firm. The lawsuit, filed in October 2024, accused the firm of operating as an unregistered securities dealer and selling over $2 billion in unregistered securities.

Bitcoin developer Blockstream has reportedly landed a multibillion-dollar investment to launch a trio of funds. Two of those funds will allow for cryptocurrency lending, Bloomberg News reported Tuesday (March 4), citing sources familiar with the matter.

Sacks' Venture firm, Craft Ventures, exited its Bitwise position ahead of the new administration, according to a source close to the situation.

The SEC last year charged Cumberland DRW with various securities charges—but now the lawsuit is set to be dropped.

Belarusian President Alexander Lukashenko has instructed the country's energy minister to develop the cryptocurrency mining industry in the country. Lukashenko was speaking on March 4 at the government meeting at which Alexei Kushnarenko was appointed to the top energy position.

On today's episode of CNBC Crypto World, cryptocurrencies initially tumble after Trump's tariffs on Mexico, Canada and China take effect. Plus, tech executives cast doubt on Trump's proposal to include altcoins in a U.S. strategic crypto reserve.

Recent speculation on X suggests that President Donald Trump may propose eliminating capital gains taxes on cryptocurrency sales. Rumors circulating online indicate that an announcement could come as soon as Friday, though no official confirmation has been provided.

The $0.006 and $0.008 levels were the support levels to watch if WHITE retraces its gains further.

The White House Crypto Summit scheduled for March 7 will host a select group of 20-25 industry leaders in a roundtable setting, according to Fox Business journalist Eleanor Terrett. As of March 4, official invitations for the event had yet to be distributed, reflecting a planning process still in flux.

Michael Saylor announced that he is going to Trump's White House Crypto Summit on March 7. Other than Saylor, three other crypto leaders have publicly announced their participation.

The U.S. Securities and Exchange Commission agreed to drop its lawsuit against Cumberland DRW LLC, according to the firm.

Ripple CEO Brad Garlinghouse and Strategy executive chair Michael Saylor said they had received invitations to the March 7 event.

Delta Blockchain Fund founder Kavita Gupta joins CoinDesk to discuss the turmoil across the crypto market despite recent news on a strategic crypto reserve and the first Crypto Summit at the White House. Plus, insights into her new startup Inclusive Layer and the future of cross-chain development.

On Mar. 4, the U.S. Senate released the Congressional Review Act to rescind a Biden-era regulation commonly known as the Broker DeFi Rule. This rule required decentralized finance platforms to share user data with the Internal Revenue Service.

The suit is the latest in a string of dropped enforcement cases by the SEC.

The largest hack in the history of crypto is experiencing alarming developments. In just 10 days, hackers have managed to launder all of the 1.4 billion dollars stolen from the Bybit platform.

March presents a golden opportunity for crypto investors as three underrated altcoins, Cardano (ADA), Dogecoin (DOGE), and Mutuum Finance (MUTM) show strong potential for massive gains. Cardano (ADA) has surged 2.33%% to $0.67 in the last 24 hours. Dogecoin (DOGE), currently trading at $0.

Having sunk to as low as $81,500 earlier in the session, bitcoin (BTC) climbed above $88,000

The cryptocurrency market remains stable at $2.78 trillion, despite a 6.7% decline over the past 24 hours. Bitcoin has slipped 6% in the last day, hovering slightly above $85,000, while ethereum has fallen 7.5%, settling around the $2,100 mark. Only a select few digital assets managed to avoid losses on Tuesday.

Winklevoss twin urges crypto legislation to prevent regulatory ‘weaponization'

BlockStream Corporation is launching three new funds on April 1, including two focused on crypto-backed lending.

Despite the violent swings we've seen in the markets over the past few weeks, we like the crypto setup right now.

Bitcoin plummets to $83,591, reversing gains from Trump's U.S. crypto reserve announcement amid global market uncertainty.

Israel's central bank has unveiled an initial concept for a digital shekel (DS), laying out a potential framework for the country's own central bank digital currency (CBDC).

Michael Saylor, founder of Strategy, announced on X that he has been invited to the White House Digital Assets Summit on March 7, hosted by President Donald Trump. Saylor shared the invitation in a post on X.

Senator Ted Cruz leads a Congressional push to overturn the IRS's crypto broker rule, citing its incompatibility with decentralized finance and potential harm to U.S. cryptocurrency innovation. The post White House Crypto & AI Advisor David Sacks Supports IRS Broker Rule Repeal appeared first on Cryptonews.