Day: March 1, 2025

House Committee Votes to Repeal Biden’s DeFi Broker Rule

The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that it would stifle innovation and weaken American leadership in digital assets. The rule, which would have forced DeFi providers to collect and report sensitive taxpayer information, has been widely criticized as impractical and damaging to the […]

El Salvador Reshapes Bitcoin Law to Unlock $3.5B in Funding

El Salvador has revised its Bitcoin Law, making significant changes to Bitcoin’s legal tender status to meet the International Monetary Fund’s (IMF) conditions for securing up to $3.5 billion in new financing. While the country still promotes itself as “Bitcoin Country”, the January 29 modification of the Bitcoin Law softens its definition, aligning with the […]

Bitcoin’s Price Surge Fuels Rise in Physical Attacks

As Bitcoin and crypto prices soar, so too does the threat of physical attacks against holders. According to an archive maintained by security expert Jameson Lopp, co-founder and chief security officer of CASA, more than 200 known physical attacks on crypto holders have been reported since 2014. In 2025 alone, 11 criminal incidents have already […]

Bitcoin at $500K? Standard Chartered Analyst Says

In a February 27 interview with CNBC’s Street Signs, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, remained bullish on Bitcoin, despite its recent price declines and market volatility. Kendrick reiterated his bold prediction that Bitcoin will reach $200,000 this year and $500,000 before the end of President Trump’s term. 📉 Bitcoin’s Crash? […]

FTX Repayments a ‘Win,’ Says Trader Who Predicted Collapse

A crypto trader and marketing executive who correctly predicted FTX’s collapse believes that FTX creditor repayments happening just two years after the bankruptcy is a win—all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement, different levels of […]

Michael Saylor Pushes Bitcoin Framework in U.S.

Michael Saylor, co-founder and Executive Chairman of MicroStrategy (Nasdaq: MSTR), met with the U.S. House Financial Services Committee on February 27 to discuss digital assets and the U.S.’s role in leading the global crypto industry. During the meeting, which included Committee Chairman Congressman French Hill, Saylor presented a digital assets framework designed to provide regulatory […]