Trump urges Treasury Secretary to reassess sanctions policy
US President Trump is urging Treasury Secretary Becerra to reassess the US’s foreign sanctions policy, as he is concerned that the current approach could undermine the dollar’s position as a global reserve currency.
Bitcoin long-term holders have increased their holdings by 167,000 BTC this month
On-chain analyst Ali reported that long-term Bitcoin holders have increased their holdings by 167,000 BTC in the past month.
US SEC considers withdrawing proposal for cryptocurrency custody rules
The US Securities and Exchange Commission (SEC) is considering withdrawing a proposal made in February 2023 to tighten cryptocurrency custody rules. Acting Chairman Mark Uyeda said the plan faces significant concerns and challenges because its content requires investment advisers to use qualified custodians and increases the regulatory protection system for crypto assets.
Bitwise: The Fed’s easing policy may drive market growth
Bitwise Chief Investment Officer Matt Hougan pointed out that the market has ignored recent positive news, and a slight easing of the Fed’s policy could trigger a strong rebound in the market.
Trump’s economic policies could cause a stock market crash in the United States
Macquarie Bank warned that Trump’s economic policies could trigger a stock market crash. If U.S. consumer spending is not withdrawn from the trade war and reduced spending, it may fall sharply, affecting domestic economic stability.
The U.S. Senate Banking Committee passed the “GENIUS” stablecoin regulation bill
Recently, Bo Hines, head of the U.S. President’s Digital Asset Task Force, announced that the “GENIUS” stablecoin regulation bill may be submitted to U.S. President Trump within two months. The Senate Banking Committee passed the bill on March 13 with 18 votes in favor and 6 votes against.
