FameEX Morning Crypto News Recap | March 11, 2025

U.S. President Donald Trump to Sign Executive Order Lifting Cryptocurrency Restrictions

U.S. President Donald Trump is expected to sign a new executive order this week to reverse the Biden administration’s “Operation Chokepoint 2.0” policy. The order may also clarify that stablecoins are not securities.

SEC Acting Chairman Moves to Repeal Crypto Asset Regulations

The SEC had proposed expanding the definition of “exchange” to cover crypto-related businesses, which would require them to register. However, after receiving significant criticism from the crypto industry, the Acting Chairman is now seeking to withdraw that part of the proposal, signaling a possible shift in regulatory direction.

Nasdaq Drops Nearly 4% Amid Rising Tariff War Fears

On March 10, the Nasdaq Composite Index dropped nearly 4% to a six-month low, driven by fears that the tariff war may trigger an economic slowdown.

Fed Eyes June Rate Cuts to Address Recession Risks

Institutional analysis indicates the Federal Reserve is unlikely to cut rates next week. However, if recession fears linked to the trade war grow and materialize, the Fed may initiate a series of swift rate cuts starting in June to mitigate economic risks.

Deutsche Bank Analysts Warn Trump’s Vague Bitcoin Reserve Plan May Fuel Crypto Volatility

Deutsche Bank’s Marion Laboure says Trump’s vague Bitcoin reserve plan may sustain high crypto volatility due to its lack of clarity and specific policy details.

UK Treasury Rules Out Bitcoin as a Reserve Asset

On March 10, a UK Treasury spokesperson said Bitcoin’s high volatility makes it unsuitable as a reserve asset. The UK currently has no plans to adopt Bitcoin reserves.

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