HarryPotterObamaPacMan8Inu Kurs XRP

On March 7, 2025, the White House hosted its first-ever crypto summit, with President Donald Trump zeroing in on “ Operation Chokepoint 2.0 ” and its impact on the crypto industry. Trump announced a major policy change aimed at dismantling this initiative and fostering a more positive environment for crypto businesses. Trump condemned this practice, asserting that it had wrongfully misused the banking system against the industry. His administration now seeks to create a more positive environment for crypto businesses, promising regulatory clarity moving forward. Related: Donald Trump Makes It Official: Strategic Bitcoin Reserve, Altcoin Stockpile Is Law Coinciding with his pledge to dismantle “Operation Chokepoint 2.0,” President Trump also unveiled a strategic Bitcoin reserve initiative. This reserve, funded by using seized Bitcoins, is intended to position the U.S. as a major player in the crypto space. David Sacks, the President’s crypto czar, confirmed on social media that the U.S. government holds around 200,000 Bitcoins, currently valued at over $17 billion. He emphasized that once these Bitcoins are placed in the reserve, they will remain untouched, serving as a store of value similar to the U.S. gold reserves. Looking ahead, Trump’s government plans to create a general crypto stockpile, which may include other digital assets such as Ethereum, XRP, and Solana. Moreover, he reiterated the need for clear stablecoin regulations, aiming for legislation before Congress’s summer recess. Related: US Crypto Czar Mulls Bitcoin Reserve; Price Faces Key Technical Test Trump noted that clear regulations will create continued growth and innovation in the financial sector solidifying the U.S. leadership in the crypto market. However, his immediate focus at the summit was undeniably on reversing “Operation Chokepoint 2.0” and its chilling effect on crypto banking. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Ripple CEO Brad Garlinghouse described the past week as a turning point for the cryptocurrency industry. He pointed to high-level discussions at the White House Crypto Summit and the Commodity Futures Trading Commission (CFTC) CEO Roundtable. Garlinghouse highlighted the key regulatory priorities that emerged from the meeting, on social media platform X. They included Congressional action on crypto legislation, a Bitcoin reserve, and support for stablecoins backed by the U.S. Treasuries. Garlinghouse also expressed optimism about the administration’s stance, contrasting it sharply with the previous Biden administration, which he characterized had been hostile towards crypto. That made him acknowledge the significance of the latest discussions, all the more, noting strong support for a fair regulatory framework that can transition to the industry’s growth. Related: Garlinghouse Heads to White House Crypto Summit: XRP’s Role in Trump’s US Reserve in Focus Garlinghouse also urged the industry to move past internal divisions and focus on achieving regulatory clarity. He criticized the ongoing “maxi-induced noise” and infighting, stating that the crypto sector should work together to ensure a level playing field. “We will continue to champion the need for a fair regulatory environment,” he said. Further, Garlinghouse thanked President Donald Trump, White House AI and Crypto Czar David Sacks, and Representative Bo Hines for facilitating crypto discussions at the White House and CFTC Commissioner Caroline Pham for hosting the regulatory roundtable. Legal expert Bill Morgan echoed Garlinghouse’s statement as a “very positive and grateful take” on what he called a “monumental week” for crypto. He noted the stark contrast to the regulatory climate just six months ago. Despite these positive developments, the SEC’s lawsuit against Ripple remains active. Unlike many other cases that have been dropped, Ripple’s legal battle continues at the appellate court. Related: SEC Drops Multiple Lawsuits and Investigations Against Crypto Firms—Here’s the List It’s worth noting that the SEC has paused or dismissed multiple lawsuits and investigations involving major cryptocurrency firms in recent weeks. Companies like Binance, Coinbase, Kraken, and Uniswap have benefited from the SEC’s recent action. However, Ripple remains in a holding pattern, awaiting its fate. Experts suggest the delay in Ripple’s case stems from the fact that the lawsuit has received a binding decision. Consequently, a quick settlement is not as straightforward as in other cases without a final judgment. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

🚨XRP Community Eyes Summit Outcomes Ripple CEO Brad Garlinghouse, present at the event, is reportedly lobbying for XRP’s inclusion in the strategic reserve. XRP fans on X are speculating about a price surge if it gets the nod. $XRP

Bitwise has just filed an S-1 form with the SEC to list a crypto ETF based on Aptos (APT). This move suggests a long-term strategy for this digital asset. More details in the following paragraphs! Unlike some funds, Bitwise has chosen to exclude staking for its crypto ETF Aptos . The asset manager already has experience with this digital asset. The proof: it launched an Aptos Staking ETP on the Swiss stock exchange SIX Swiss Exchange in November. However, the American edition of this crypto ETF will not offer this option. Regarding security, Bitwise has appointed Coinbase Custody as the primary custodian of the ETF’s digital assets. A decision that could reassure institutional investors! No listing exchange has yet been confirmed. Also, no fees or symbol for the crypto ETF have been communicated for now. The recent approval of Bitcoin and Ethereum ETFs has set a precedent that could work in favor of new altcoin ETFs. Bitwise has also recently filed applications for Dogecoin ETFs , Solana, and XRP. This shows its interest in highly recognized cryptocurrencies. Although presented as a “Solana killer”, Aptos remains an atypical choice for a crypto ETF. According to CoinGecko, this crypto asset is currently ranked 36th by market capitalization with $3.8 billion. For this project to come to fruition, Bitwise must file a 19b-4 form. This will trigger a 240-day period before the SEC renders its verdict. This step is crucial to allow the listing of the Aptos ETF on a regulated exchange. With this new crypto ETF, Bitwise continues to explore opportunities in altcoins . SEC approval would be a strong signal for the crypto market. In the meantime, the announcement has boosted the APT price, which rose by 18% in 24 hours.

US Senator Elizabeth Warren has issued a letter to White House Crypto Czar David Sacks, questioning him about a potential conflict of interest. In the letter, Warren accused Sacks of investing in Bitwise Investment’s funds, holding five top cryptocurrencies. These include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA). Notably, President Donald Trump recently spotlighted these assets for the establishment of a national crypto reserve. They are also among the top 10 assets ranked on MarketCap. Warren questioned Sacks’s investment in the five cryptocurrencies featured in Trump’s crypto reserve in her letter. She contends that the government’s support for the blockchain industry would drive up values for existing holders, raising conflict of interest questions for officials like Sacks. Sacks is a special government employee under Trump’s second-term administration. As detailed in our recent news piece, Sacks is an early advocate for cryptocurrencies. In a 2017 interview, He said Bitcoin was transforming the internet. Trump emphasized that Sacks would work on developing a legal framework that would provide clarity for the crypto industry. However, the new role offers Sacks certain exemptions under ethics rules. For instance, he can maintain the confidentiality of his financial disclosure reports. Meanwhile, on Sunday, Trump’s crypto reserve announcement sparked a $300 billion global crypto rally. BTC, ETH, SOL, XRP, and ADA posted outsized gains following the rally, which piqued Warren’s interest regarding Sacks’ alleged investment in Bitwise. The Senator asks for the identities of anyone who helped Trump determine the five cryptocurrencies. In her letter, she also questioned how many were subject to conflict of interest laws. She also queried Sacks about any relevant trades made by anyone who had worked on the reserve policy before Trump’s announcement. The Senator also requested that Sacks publicly disclose any reports he filed personally with the Office of Government Ethics. Furthermore, she wants the Crypto Czar to release evidence that he sold his holdings in the listed cryptocurrencies. Warren and other critics argue that Sack stands to benefit from the nation’s crypto reserve since he holds investments in the five cryptocurrencies. Sacks said he divested from all of his crypto-related holdings before joining the administration. However, the debate about whether Sack’s venture capital firm, Craft Ventures, retained its investment in Bitwise continues to divide the community. Despite the ongoing concerns, Ripple CEO Brad Garlinghouse has pledged his support for Sacks’ regulatory initiatives. As highlighted in our earlier post, Sacks outlined plans for comprehensive digital asset regulation. The Crypto Czar’s initiative aims to create a crypto-friendly legislative framework that supports blockchain innovation while keeping digital asset businesses within US jurisdiction.