FameEX Morning Crypto News Recap | March 19, 2025
2025-03-20 15:12:29Trump Presses Treasury Secretary to Rethink Sanctions to Safeguard Dollar’s Global Role
President Trump asked Treasury Secretary Becerra to review U.S. sanctions policy, warning that its current implementation could undermine the dollar’s position as the world’s dominant reserve currency.
Long-Term Bitcoin Holders Add 167,000 BTC in a Month
Long-term Bitcoin holders have accumulated 167,000 BTC in the past month, according to on-chain analyst Ali’s latest report.
US SEC Considers Scrapping Proposal on Crypto Custody Regulations
The U.S. SEC may withdraw its February 2023 proposal to tighten crypto custody rules. Acting Chairman Mark Uyeda cited major concerns and difficulties in moving forward. The proposal sought to mandate investment advisors to use qualified custodians and implement stronger protections for crypto assets under stricter regulatory oversight.
Bitwise Predicts Market Rally as Fed Eases Monetary Policies
Bitwise CIO Matt Hougan believes markets have largely ignored recent good news, and even minor Federal Reserve policy easing could spark a significant upward movement in the market.
Trump’s Economic Policies May Cause a U.S. Stock Market Downturn
Macquarie Bank warns Trump’s economic policies may spark a market crash, as continued trade wars and high spending could sharply reduce U.S. consumer spending and threaten overall economic stability.
Senate Banking Committee Passes 'GENIUS Act' to Regulate Stablecoins
Bo Hines, leading the U.S. Presidential Digital Asset Working Group, revealed a stablecoin bill could reach President Trump in two months. The GENIUS Act passed the Senate Banking Committee on March 13 with an 18-6 vote.
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