9 Major Developments in the Crypto Industry: March 2330, 2025

1. Japan Grants Legal Status to Crypto Assets

Japans Financial Services Agency (FSA) plans to amend the Financial Instruments and Exchange Act, granting crypto assets legal recognition as financial products. This change will introduce insider trading restrictions, prohibiting transactions based on non-public information. A bill is expected to be presented to parliament in early 2026.

2. World Liberty Financials Stablecoin Backed by U.S. Treasuries

World Liberty Financial, a cryptocurrency venture associated with Donald Trump and his sons, announced plans to launch USD1, a stablecoin fully backed by U.S. Treasuries, dollars, and cash equivalents. The token will be issued on both the Ethereum network and a Binance-developed blockchain, aiming to facilitate cross-border transactions for institutional investors.

3. Advocates for Pro-Crypto Regulatory Reforms

Paul Atkins, nominated by President Trump to lead the Securities and Exchange Commission (SEC), testified before the Senate Banking Committee, emphasizing a balanced regulatory approach to digital assets. Atkins criticized previous regulatory actions and highlighted the importance of fostering investment and capital formation in the crypto sector.

4. FDIC Removes Barrier for Banks Engaging in Crypto Activities

The Federal Deposit Insurance Corporation (FDIC) rescinded a guideline requiring banks to obtain pre-approval before engaging in crypto-related activities. This move is expected to encourage traditional financial institutions to offer cryptocurrency services, including tokenized deposits and crypto custody, enhancing mainstream adoption.

5. Euronexts Cautious Stance on Cryptocurrency Investments

Stéphane Boujnah, CEO of Euronext, expressed caution regarding cryptocurrency investments, emphasizing the importance of trust and acknowledging the risks associated with digital assets. Euronexts conservative approach contrasts with other exchanges more heavily involved in the crypto space.

6. Fidelity Investments Explores Launching a Dollar-Pegged Stablecoin

Fidelity Investments is testing a dollar-pegged stablecoin, reflecting growing interest among traditional financial institutions in cryptocurrency solutions. The stablecoin aims to facilitate seamless transactions between cryptocurrencies and traditional fiat currencies, though no official release date has been announced.

7. Rise in Security Concerns Among Cryptocurrency Millionaires

High-profile cryptocurrency investors, including influencer Amouranth, have become targets for violent crimes such as kidnappings and home invasions. The decentralized and anonymous nature of digital currencies makes these individuals susceptible to such threats, prompting increased focus on personal security within the crypto community.

8. SEC Hosts Crypto Task Force Roundtable Amid Regulatory Reforms

The SEC convened its first public meeting of the crypto task force to discuss the applicability of securities laws to digital assets. This initiative aligns with President Trumps broader strategy to reform cryptocurrency policies, including the establishment of a strategic reserve of cryptocurrencies.

9. Bitcoin Market Reacts to Tariff Policy Announcements

Bitcoin and other cryptocurrencies experienced price fluctuations following President Trumps comments on potential tariff policy changes. The announcemen

These developments underscore the dynamic and evolving nature of the cryptocurrency industry, highlighting the interplay between regulatory actions, institutional adoption, technological innovations, and security challenges.

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Text source: Coindoo

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