Day: March 8, 2025

Senate Republicans Push to End ‘Reputational Risk’ in Banking

The U.S. Senate Committee on Banking, Housing, and Urban Affairs announced on March 6 that Chairman Tim Scott (R-S.C.) is leading efforts to eliminate reputational risk as a factor in banking regulations through the Financial Integrity and Regulation Management (FIRM) Act. The bill, backed by all Republican members of the committee, seeks to prevent federal […]

Trump Establishes Strategic Bitcoin Reserve at Crypto Summit

In a landmark moment for Bitcoin, President Donald Trump declared that the U.S. will hold onto its Bitcoin reserves, departing from past administrations that liquidated large BTC holdings. “From this day on, America will follow the rule that everyone in Bitcoin knows very well — never sell your Bitcoin.”— President Donald Trump, March 7, 2025, […]

Binance Introduces Community-Driven Token Listings

Binance has unveiled a new governance model that allows users to play an active role in token listings and delistings. Announced on March 7, the system introduces “Vote to List” and “Vote to Delist” mechanisms, empowering the community to influence the exchange’s offerings. “Users can vote for their favorite projects that they wish to be […]

Sam Bankman-Fried Sent to Solitary After Tucker Carlson Interview

Sam “SBF” Bankman-Fried, the disgraced founder of FTX, has reportedly been placed in solitary confinement at Brooklyn’s Metropolitan Detention Center (MDC) after participating in an unauthorized interview with Tucker Carlson. A spokesperson for the U.S. Bureau of Prisons confirmed to The New York Times on March 7 that the interview had not been approved by […]

Coinbase to Hire 1,000 Amid Trump’s Crypto Push

Coinbase is gearing up for a massive hiring spree in the United States, with plans to add 1,000 new employees in 2024. CEO Brian Armstrong directly attributed the move to President Donald Trump’s pro-crypto stance, saying his administration has already made a significant impact on the industry. “Coinbase is planning to hire about 1,000 people […]

Russia Rejects Crypto for National Wealth Fund

While the United States debates the idea of a national cryptocurrency reserve, Russia is making it clear that digital assets have no place in its National Wealth Fund (NWF). The Finance Ministry confirmed on March 4 that it has no plans to alter the fund’s investment strategy, keeping it strictly focused on stable assets like […]