CryptoCryptocurrency

The US Securities and Exchange Commission has clarified that nonfungible tokens are generally not considered securities, placing them in a category of digital collectibles.

The US Federal Reserve kept interest rates unchanged at 3.5%–3.75%, citing uncertainty around the economic impact of the Iran war and persistent inflation pressures.

US Senator Cynthia Lummis said lawmakers are close to passing a long-awaited digital asset market structure bill, with key disagreements now nearing resolution.

Kraken has paused plans for a multibillion-dollar initial public offering after filing confidentially with the US Securities and Exchange Commission, citing challenging market conditions.

Changpeng Zhao has dismissed accusations that Binance facilitated Iran-linked or terrorism-related transactions, arguing the claims lack logic and offer no business incentive for the exchange.

The Iran war is raising the risk of a permanent inflation floor, potentially ending the era of cheap money and reshaping returns across global financial markets.

The Bank of Korea has launched phase two of its digital won pilot, expanding to nine commercial banks to test deposit tokens for nationwide payments and government subsidies.

Fairshake, the crypto industry’s leading political action committee, suffered its largest campaign setback after spending more than $10 million opposing Illinois Lieutenant Governor Juliana Stratton, who won her Democratic Senate primary.

The UAE’s cryptocurrency sector has remained operational and stable despite its proximity to the ongoing conflict in Iran, with industry participants reporting no disruption to core activities.

Whale wallets holding more than one million TRUMP tokens have climbed to 83, the highest level since October, following the announcement of a Mar-a-Lago gala for top holders.

Bitcoin inflows to centralised exchanges surged to 6,100 BTC on March 16, the highest since February, as the asset approached resistance near $75,000.

Coin Center has urged the US Securities and Exchange Commission to prioritise formal rulemaking over issuing no-action letters, warning the current approach creates inconsistency across the crypto sector.