Crypto News Digest - 2025-03-06

Stay ahead in the blockchain world with today's top crypto news! From exchange updates to regulatory shifts, here's what's shaping the future of digital assets. Follow our Steem account: @ireh for more insights!

⚫ Ahead of the White House crypto summit, a group of House Republicans held a "Crypto Power Lunch," with representatives from the following:

⚫ The Digital Chamber
⚫ Blockchain Association
⚫ Paradigm
⚫ a16z
⚫ CoinFlip
⚫ Coinbase
⚫ Anchorage Digital
⚫ DCG
⚫ Consensys

Follow our Steem account: @ireh (Source)

⚫ Jump, a market maker hit hard by Luna and FTX, is restoring its U.S. crypto operations after scaling back due to regulatory uncertainty.

Follow our Steem account: @ireh (Source)

⚫ The European Securities and Markets Authority (ESMA) confirmed that MiCA does not explicitly ban non-compliant stablecoin custody and transfers, such as Tether’s USDt. However, it urged crypto asset service providers (CASPs) to restrict services facilitating the acquisition of such assets, adding to the ongoing uncertainty around MiCA compliance. Follow our Steem account: @ireh (Source)

⚫ Key events happening in the U.S. in March include:

⚫️March 6: CFTC to hold a CEO Forum to discuss tokenized assets and the use of stablecoins as collateral in futures markets
⚫️March 7: White House to host its first-ever Crypto Summit
⚫️Week of March 10: Senate to review the GENIUS Act stablecoin bill, which seeks
⚫️March 21: SEC to hold the first of five planned roundtables with crypto industry representatives
⚫️A hearing is also expected on Paul Atkins' nomination as SEC chairman

Follow our Steem account: @ireh (Source)

⚫ The U.S. SEC has dropped its lawsuit against Cumberland DRW, signing a joint filing for dismissal. The SEC had accused the crypto trading firm, a subsidiary of DRW, of operating as an unregistered dealer. Follow our Steem account: @ireh. (Source)