The Trump administration is pushing crypto harder than ever, and Europe is not happy about it. Officials in the European Union (EU) are warning that Washington's growing embrace of Bitcoin and dollar-backed stablecoins could seriously threaten Europe's financial sovereignty.

A California financial regulator says users reported seven new types of crypto and AI scams that it hadn't seen before through thousands of complaints in 2024. The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668 complaints in 2024 and found seven types of scams they didn't have on record yet, such as fake Bitcoin (BTC) mining schemes, where fraudsters offer fake investments in mining.

A closely followed analyst says that the total market cap of the five largest stablecoins has reached heights never seen before. Crypto trader Ali Martinez tells his 131,400 followers on the social media platform X that the top five dollar-pegged crypto assets by market cap have a total valuation of $204.7 billion.

David Sacks' next steps will show a clear indication of whether the US is serious about making the nation a hub of web3 innovation, or not.

On March 10, 2025, cryptocurrency and U.S. stock markets faced steep declines, with U.S. equities wiping over $1.75 trillion from Wall Street amid policy uncertainty, investor outflows, and external shocks. Billions have also exited the crypto economy. Global Markets Plunge: Trump Tariffs, Crypto Reserve Disappointment Drive Losses Wall Street's screens flashed red Monday as U.S.

CoinShares, a prominent European digital asset manager, earlier today released its latest report on cryptocurrency investment flows. The findings revealed that digital asset investment products experienced their fourth consecutive week of outflows, totaling $876 million.

South Korean prosecutors have arrested and indicted the crypto market maker Jon Bur Kim (real surname: Park) on fresh “scam coin” charges. The post S Korean Prosecutors Arrest Top Crypto Market Maker on Fresh ‘Scam Coin' Wrap appeared first on Cryptonews.

Euro zone finance ministers are worried that the change of policy under the new U.S. administration to embrace cryptocurrencies could affect euro zone monetary sovereignty and financial stability, top officials said on Monday.

The Trump administration's embrace of cryptocurrencies reportedly could accelerate the European Union's (EU) adoption of a digital euro. European Stability Mechanism (ESM) Managing Director Pierre Gramegna told reporters Monday (March 10) that Europe's monetary autonomy and financial stability could be threatened by the Trump administration's interest in cryptocurrencies and dollar-denominated stablecoins, Bloomberg reported Monday.

According to a report, Eurozone economic ministers are not too keen on Trump's friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.

Bybit is no longer among the top three centralized exchanges by trading volume after the $1.4 billion Lazarus Group hack led to a massive decline in its market share. According to data from the on-chain analytics platform Kaiko, Bybit's share of overall trading volume has dropped by more than 50% since the hack.

The Cayman Islands has introduced new crypto licensing regulations that will require virtual asset service providers (VASPs) offering custody and trading services to obtain approval from the Cayman Islands Monetary Authority.

Acting SEC Chair Mark Uyeda said on Monday that the proposal tried to “tamp down the crypto market.”

Acting chairman Mark Uyeda announced on March 10 that the US Securities and Exchange Commission (SEC) is considering abandoning a proposal that would require certain crypto firms to register as alternative trading systems.

The guidance may foreshadow a reappraisal of the Howey Test, which the SEC has recently used in its attempts to regulate cryptocurrencies through litigation, say Jason Mendro, Matt Gregory and Nick Harper, attorneys at Gibson Dunn.

El Salvador and Paraguay have signed an agreement to enhance oversight of digital asset service providers. The Memorandum of Understanding (MOU) was signed on March 7, 2025, between Paraguay's Secretariat for the Prevention of Money Laundering (SEPRELAD) and El Salvador's National Commission of Digital Assets (CNAD).

The Securities and Exchange Commission (SEC) may abandon a proposal that would expand regulation of alternative trading systems (ATSs) to include crypto firms. Speaking Monday (March 10) to a conference of the Institute of International Bankers, SEC Acting Chairman Mark T.

US-based cryptocurrency exchange Kraken has secured an Electronic Money Institution (EMI) authorization from the UK's financial watchdog. The move completes Kraken's streak of high-profile regulatory approvals outside the US as it eyes global expansion.

European Stability Mechanism (ESM) managing director Pierre Gramegna said that President Donald Trump's administration's favorable stance toward crypto, particularly dollar-backed stablecoins, could challenge Europe's monetary autonomy, Bloomberg News reported on March 10. Gramegna warned that the changing US stance could encourage both foreign and American technology firms to pursue large-scale payment solutions using dollar-denominated stablecoins.

The SEC is stepping back from a proposal that could have expanded its control over crypto exchange platforms.

The network, which plans to launch in Q2, will enable rapid transactions with flat gas fees, but will not support smart contracts or a native token.

Kraken received an Electronic Money Institution (EMI) license for the UK market, expanding the potential products offered through the exchange.

Acting U.S. Securities and Exchange Commission (SEC) Chair Mark Uyeda has announced a move to reconsider a proposed rule that could regulate decentralized finance (DeFi) exchanges. The rule, known as Regulation ATS, aimed to broaden the definition of an exchange to include communication protocols used in the crypto sector.

A top US regulator's recent easing of its stance on crypto doesn't mean that the US government's crusade against the industry is over, according to Custodia Bank CEO Caitlin Long.

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SEC Drops Yuga Labs Investigation After More Than 3 Years of Pursuit

As rumors swirl, Animoca and GSR have distanced themselves from the scandal.

The U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda.

Trump's executive order will seek to roll back anti-crypto banking rules of the Biden administration and could target key Federal Reserve policies, sources said.

El Salvador had previously entered an agreement with Argentina.

BBVA bank introduces Bitcoin and Ethereum trading in Spain, signaling a major step towards mainstream crypto adoption in Europe.

As President Donald Trump orders for a US Bitcoin Reserve, Stacey Rolland, Zero One Strategies founder, says she sees a rise in bipartisanship for crypto and that "policymaking will be happening" in the space. She joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology.

Markets are in free fall. Over the past two months, the S&P 500 and crypto have lost a staggering $5.5 trillion in market value.

According to the latest Crypto Fear and Greed Index reading, the market's sentiment slipped from a score of 34 out of 100 on March 7 to the current 20, which stands for “extreme fear.

Blockchain and banking have, since the former's inception, operated almost entirely at odds. Cryptocurrencies, after all, were invented as a decentralized method to store value, designed to operate outside of the intermediaries and custodial third parties that make up the traditional, regulated financial system.

A recent report shows that cryptocurrency companies spent over $134 million on the U.S. Elections, sparking discussions about regulatory risks, political influence, and unfair advantages. The post Crypto Firms Earmarked Over $134 Million for U.S. Elections in 2024: Report appeared first on Cryptonews.

Binance, one of the world's largest cryptocurrency exchanges, has announced the launch of a new community voting mechanism for token listings. It has introduce “Vote to List” and “Vote to Delist” mechanisms to enhance its token listing governance.

Acting SEC Chair Uyeda is said he directed the agency's staff to review a proposed rule change that could potentially loop in DeFi.

The acting chief of the U.S. Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.

The crypto market is gearing up for another eventful year, and early positioning could be the key to maximizing gains. The top crypto gainers in 2025 include a mix of blue-chip assets and emerging projects, each bringing something unique to the space.

Coinbase (NASDAQ:COIN) on Monday announced it plans to introduce round-the-clock Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) futures trading, allowing U.S. traders to access crypto futures at any time, similar to spot markets. The company is also developing a perpetual-style futures contract, which would enable traders to hold positions indefinitely, mirroring products widely used on offshore exchanges.

Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto's affairs. In a recent Twitter/X post, CZ criticized the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for quick profits.

The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.

Bitcoin is still holding up – but make no mistake – the recent swoon in risk assets is the start of something bigger.

TL;DR Movement Network has launched its Public Mainnet Beta, allowing permissionless app deployment and user onboarding. The network is based on Move and uses the Move Virtual Machine (MoveVM) along with BlockSTM, enabling a performance of over 160,000 transactions per second.

From March 1 to March 7, outflows from cryptocurrency investment funds totaled $876 million after $2.9 billion in the previous reporting period.

The U.S. Department of Housing and Urban Development (HUD) is exploring the use of blockchain and cryptocurrency in its operations, according to sources close to the matter.