FameEX Morning Crypto News Recap | March 19, 2025
2025-03-20 15:12:18Trump Urges Treasury Secretary to Reevaluate Sanctions Policy to Preserve Dollar’s Global Dominance
President Trump urged Treasury Secretary Becerra to reassess U.S. sanctions policy, expressing concern that the current approach may be weakening the dollar’s role as the world’s reserve currency.
Bitcoin Long-Term Holders Accumulate 167,000 BTC in Just One Month
On-chain analyst Ali reports long-term Bitcoin holders increased their holdings by 167,000 BTC over the past month.
US SEC Weighs Pulling Back Proposal on Cryptocurrency Custody Rules
The U.S. SEC is considering withdrawing its February 2023 proposal to tighten crypto custody rules. Acting Chairman Mark Uyeda cited significant concerns and challenges with advancing the plan, which aimed to require investment advisors to use qualified custodians and enhance asset protection for crypto holdings under regulatory oversight.
Bitwise: Easing Fed Policies Expected to Boost Market Growth
Bitwise CIO Matt Hougan noted markets have overlooked recent positive news, and even slight Federal Reserve policy easing could trigger a strong market rally.
Trump’s Economic Agenda Could Lead to U.S. Stock Market Crash
Macquarie Bank warned that Trump’s economic policies may trigger a stock market crash. Without retreating from the trade war and reducing spending, U.S. consumer spending could decline sharply, impacting economic stability.
U.S. Senate Banking Committee Approves 'GENIUS Act' Stablecoin Regulation Bill
Bo Hines, head of the U.S. Presidential Digital Asset Working Group, announced that a stablecoin regulatory bill may reach President Trump within two months. The Senate Banking Committee approved the GENIUS Act on March 13 with an 18-6 vote.
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