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news-imageMarch 11, 2025

Momentum builds in Washington to pass stablecoin legislation, marking a ‘moment for us here in Congress now to act'

Movement on legislation to regulate stablecoins is underway this week as lawmakers in the House debated necessary provisions in the bill.
Publisher: The Block
Sentiment: Positive
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cover-imageCoinPedia
March 12, 2025

US CPI Report Today: How Will Crypto Market React to Fed's Next Move?

The US market is eagerly waiting for the second inflation report of 2025. The report is scheduled to be released today. Analysts predict a slight drop in both headline and core inflation. If confirmed, this would be the first time since July 2024 that both inflation indicators have declined.

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Positive
cover-imageCrypto news
March 12, 2025

US House votes to overturn IRS defi broker rule

Lawmakers in the United States have voted to scrap the Internal Revenue Service's controversial rule that would have forced decentralized finance platforms to report user transactions. The motion against the IRS DeFi broker rule saw bipartisan support, with the U.

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Positive
cover-imageCrypto Briefing
March 12, 2025

Sony's Soneium teams up with LINE to integrate mini-apps into blockchain

The partnership could significantly boost web3 adoption in Asia, leveraging LINE's vast user base and enhancing blockchain accessibility. The post Sony's Soneium teams up with LINE to integrate mini-apps into blockchain appeared first on Crypto Briefing.

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Neutral
cover-imageCointelegraph
March 12, 2025

Luxury fashion giant LVMH sued over NFT patent tech for watches

A company selling smartwatch face designs through non-fungible tokens has sued LVMH, accusing the luxury fashion conglomerate of patent infringement.In a March 10 complaint filed to a Texas federal court, Watch Skins Corporation alleged that LVMH misappropriated its “pioneering NFT display technology.” Watch Skins claimed it developed a unique system that allows users to display verified NFT artworks on smartwatches and holds multiple patents related to the technology.

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Positive
cover-imageBitcoin
March 12, 2025

Deutsche Börse Launches Crypto Custody With Clearstream for Institutional Investors

Deutsche Börse is launching a crypto custody service through Clearstream, enabling institutional investors to securely store and settle cryptocurrencies. Deutsche Börse Announces New Crypto Custody Service Deutsche Börse Group announced on March 11 that its post-trade services arm, Clearstream, will launch a new crypto custody solution for institutional investors.

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Positive
cover-imageCryptonews
March 12, 2025

US House Moves to Dismantle IRS DeFi Broker Regulation

The US House on Tuesday voted to repeal the IRS DeFi broker rule, with the Senate set to decide its future. The post US House Moves to Dismantle IRS DeFi Broker Regulation appeared first on Cryptonews.

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Positive
cover-imageCointelegraph
March 12, 2025

US House follows Senate in passing resolution to kill IRS DeFi broker rule

The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service.On March 11, the House of Representatives voted 292 for and 132 against a motion to repeal the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to crypto. All 132 votes to keep the rule were Democrats.

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Positive
cover-imageTokenpost
March 12, 2025

U.S. House Votes to Overturn IRS Crypto Reporting Rule, Citing Innovation Risks

The U.S. House of Representatives voted 292-132 to overturn an IRS rule classifying crypto entities, including decentralized finance (DeFi) platforms, as brokers, requiring them to collect taxpayer and transaction data. This move follows a similar Senate vote, advancing a resolution under the Congressional Review Act to block the rule, initially finalized at the end of President Joe Bidens administration.

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Positive
cover-imageTokenpost
March 12, 2025

ATME Launches Tokenized Gold Amid Rising Interest in Digital Assets

ATME, a Bahrain-licensed digital asset exchange, has completed its first real-world asset (RWA) tokenization with gold-backed tokens. Each token represents one kilogram of gold securely stored in custody, offering accredited investors a seamless way to trade or redeem for physical gold.

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Positive
cover-imageBitcoin
March 12, 2025

US Lawmaker: Stablecoins Key to Strengthening Dollar's Dominance

A U.S. congressman stressed that a well-regulated stablecoin market is essential for maintaining the dollar's global dominance, modernizing payments, and expanding financial access without government overreach. Lawmakers Debate Stablecoin Role in Securing US Dollar's Future House Financial Services Committee Chairman French Hill (R-AR) stressed that a well-regulated stablecoin market is essential for maintaining the U.S.

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Negative
cover-imageCryptonews
March 12, 2025

South Korean Civil Servant ‘Stole Flood Relief Funds to Buy Crypto'

A South Korean civil servant found guilty of stealing flood relief funds and donations to fund a personal crypto buying spree is set to face further punishment. The post South Korean Civil Servant ‘Stole Flood Relief Funds to Buy Crypto' appeared first on Cryptonews.

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Positive
cover-imageCoinPedia
March 12, 2025

U.S. House Overturns IRS DeFi Rule: Trump's First Crypto Law Ahead?

U.S. lawmakers voted to cancel an IRS rule that required crypto companies, including DeFi platforms, to collect and report taxpayer and transaction information. The House passed the vote 292-132, following the Senate's decision to reject the rule that was finalized during the final days of former President Biden's administration.

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Positive
cover-imageBitcoin
March 12, 2025

Congress Torches IRS Crypto Rules in Major Win for Digital Assets

Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives approved H.J. Res.

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Negative
cover-imageBeInCrypto
March 11, 2025

OKX Claims Bybit Made Misleading Statements About Its Latest Hack

OKX pushed back against a recent article claiming that EU watchdogs were scrutinizing the exchange over its potential role in the Bybit hack. The firm received a MiCA license last month to meet EU compliance and claims that regulators are not investigating its services.

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Positive
cover-imageCryptonews
March 11, 2025

Spain's CaixaBank, Kutxabank, Renta 4 ‘Set to Launch Crypto Services' – Report

The Spanish banking giants CaixaBank, Kutxabank, and Renta 4 are set to follow BBVA into the crypto sector, and plan to start offering clients cryptoasset-related services, a report has claimed. The post Spain's CaixaBank, Kutxabank, Renta 4 ‘Set to Launch Crypto Services' – Report appeared first on Cryptonews.

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Negative
cover-imageBitcoin
March 11, 2025

Blind Signing Vulnerabilities: ZKPs Offer Potential Fix After Bybit Hack

The hackers behind the Bybit hack have managed to cash out approximately $300 million of the stolen $1.4 billion in digital assets, despite industry efforts to prevent them.The hack has sparked debate about how Web3 firms can prevent similar attacks in the future.

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Positive
cover-imageCointelegraph
March 11, 2025

YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO

Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000 subscribers, said the US Securities and Exchange Commission will stop pursuing him in court over allegations he violated securities laws by promoting Sparkster (SPRK) tokens in 2018.Speaking to Cointelegraph on March 11, Balina said the SEC had informed him it planned to recommend the court dismiss a case filed in 2022 alleging “unregistered offering and promotion in 2018 of crypto asset securities called SPRK Tokens.” According to the crypto YouTuber, the SEC's actions were based on the change in the administration's priorities — referring to US President Donald Trump appointing acting SEC Chair Mark Uyeda after the departure of Gary Gensler in January.

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Neutral
cover-imageBeInCrypto
March 11, 2025

Top 3 Crypto Narratives to Watch For the Second Week of March

Perpetuals, Made In USA coins, and meme coins are the top three crypto narratives to watch for the second week of March. Perpetuals tokens like HYPE and WOO are down over 12%, but strong trading activity and high revenue suggest a potential rebound.

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