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Author: Vickie Helm
The new US administration has firmly adopted crypto assets, demonstrating the permanence of global finance. Trump’s reelection injected new optimism into the market, with Bitcoin surges past $100,000. Countries like Vietnam are seeking clarity of rapid regulation, and while the EU’s MICA framework sets global standards through the “Brussels Effect,” India is on the sidelines and is still waiting for a paper to debate. As major economies shape the future of digital assets, problems remain. Will India seize the moment when it falls behind in the crypto revolution or is there a risk?The story continues under this ad Code stories…
The Indian Enforcement Bureau has enlisted COINDCX to provide custodian services for seized cryptocurrencies. The Enforcement Bureau, India’s Law Enforcement and Economic Intelligence Agency, has chosen the Cryptocurrency Exchange CoindCX to manage the cryptocurrency seized during an ongoing investigation. In a March 5 press release shared with Crypto.News, CoindCX confirmed it will manage the management of forfeiture assets following its collaboration with the Enforcement Bureau and its role in supporting the seizure process for ED investigations involving Crypto. CoindCX co-founder Sumit Gupta said the exchange has established a specialized team with advanced security protocols, including multi-signature and multi-party calculation wallets,…
Key takeout The White House will endorse Congress’ resolutions to repeal IRS rules affecting the Defi platform. The rules required Defi participants to report detailed transactions and taxpayer information, raising privacy concerns. Please share this article The White House has expressed strong support for a joint resolution overturning IRS rules that impose widespread disclosure requirements on the Defi project, Trump’s AI and Crypto Czar announced Tuesday. The White House announces support for the CRA introduced by @SentedCruz and @RepmikeCarey, and withdraws the so-called Broker Defi Rules, the Biden administration’s 11th hour attack on the crypto community. pic.twitter.com/t7hxasb4ac – David Sacks…
Disclosure: The opinions and opinions expressed here belong to the authors solely and do not represent the views or opinions of the crypto.news editorial. When people talk about zero-knowledge encryption in 2024, they often refer to use cases focused on privacy that relies on a combination of blockchain technology, cryptocurrency, digital wallets, and users with some degree of Web3 knowledge. Zero knowledge proof has been around since the 1980s, long before the advent of Web3. So why limit their potential to blockchain applications? Traditional businesses can adopt ZK technology without fully adopting Web3 infrastructure. At the basic level, ZKPS unlocks…
The Bull Party, which began yesterday, did not last long as Bitcoin and most altcoins erased most of the profits charted in the past few hours. Naturally, this caused a substantial liquidation wave that surprised more than 180,000 traders. The largest single liquidation order was made at Bitmex and was worth $10 million. btcusd. Source: TradingView It was another explosive 24-hour period in the cryptocurrency market. After a mild day that lasted about two days, the entire market led by XRP, SOL and ADA rose to value yesterday following positive news from US President Donald Trump. After confirming the country’s…
Opinions: Irina Heaver, Crypto LawyerCryptocrats seeking to navigate the UAE crypto ecosystem are inevitably encountered with countless acronyms used in the country’s legal environment. From SCA and VARA to DMCC, ADGM, DFSA, what do these mysterious letter combinations represent and how do you navigate this complex maze? What’s more, are these rich acronyms and terminology an efficient feature of the system that promotes its position as the number one global crypto hub? Does this complexity strengthen the ecosystem, or is it a fundamental flaw in this self-proclaimed global crypto hub?What do all of these acronyms stand for?To make this more…
In a move to restructure US digital asset policies, President Donald Trump will hold his first White House Script Summit on Friday, March 7th, bringing together top industry leaders and key policymakers. Chaired by venture capitalist and tech investor David Sachs, the Summit marks a major shift in the federal government’s cryptocurrency policy, pledging to become “America’s first crypto president” in line with Trump’s campaign. The event follows the signing of Trump’s Executive Order 14,178. This declares that his administration’s policy is “to support responsible growth and use of digital assets across all sectors of the economy.” The order reverses…
Aayush Jindal is well-known in the world of financial markets, and its expertise spans over 15 years of brilliant years in the realm of forex and cryptocurrency trading. Famous for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert for investors around the world, and he guides the complex landscape of modern funds with his keen insights and keen chart analysis. From a young age, Aayush demonstrated a natural aptitude for deciphering complex systems and deconstructing patterns. Bolstered by his insatiable curiosity to understand market dynamics, he embarked on a journey leading him…
The number of active addresses for Bitcoin has increased, peaking at 912,300 on February 28th. The latest instance of this level came on December 16th, 2024, when Bitcoin was trading for $105,000. Traders are closely monitoring the outcome of this surge. This surge is interpreted as a precursor to potential market changes. Number of active BTC addresses. Source: GlassNode The market is preparing for potential surrender Suspension is a phrase that refers to the sharp price fluctuations that occur when investors are sold in pain. The latest decline in Bitcoin, below $84,000, has sparked concern. Coinglas data shows that retreats…
Disclosure: The opinions and opinions expressed here belong to the authors solely and do not represent the views or opinions of the crypto.news editorial. On January 23, 2025, President Donald Trump began offering his commitment to transform the digital asset industry by supporting policies, rules and regulations regarding responsible growth and use of all sectors of the economy to ensure America’s position as digital assets, blockchain technology, and the world leader. These include: President Donald Trump issued an executive order to strengthen America’s leadership in digital financial technology and established a working group on digital assets markets chaired by White…