March Crypto News Roundup: Key Developments in Bitcoin, Ethereum, and the Wider Crypto Market
By: Eva Baxter
March Crypto News Roundup: Key Developments
- Thorchain Under Scrutiny: Thorchain, known for its interoperability, is facing challenges as developers exit over concerns of North Korean money laundering activities. Find out more about this ongoing issue here.
- SEC’s Stance on Memecoins: In a bid to clarify regulations, the SEC stated that memecoins generally do not qualify as securities, aligning them more with collectibles. Read the full report here.
- Bitcoin and Ethereum Market Decline: Both cryptocurrencies have seen significant downturns, with Bitcoin dropping below $80,000 for the first time since November 2024. Explore the market insights here.
- U.S. States Eye Bitcoin Reserves: Texas and other states are moving towards creating state-managed Bitcoin reserves, aiming to integrate crypto into economic strategies. Dive deeper into this legislative move here.
- South Korea's Regulatory Tensions: Upbit’s legal dispute with the FIU illustrates the tense regulatory environment for crypto exchanges in South Korea. More details are available here.
- Vitalik Buterin on Wallet Security: Ethereum co-founder Vitalik Buterin calls for enhanced wallet security to prevent crypto losses, emphasizing the need for improved recovery solutions. Read his advocacy here.
- BlackRock’s Bitcoin Move: BlackRock is expanding its Bitcoin exposure through the iShares Bitcoin Trust ETF, signaling a significant endorsement of the digital asset. The strategic implications are discussed here.
