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There are moments when politics and tech clash head-on. And this time, it’s crypto that has won a decisive round in Washington. The IRS rule on “brokers” of digital assets, which was set to come into effect in 2025, has just been completely swept away. The Senate voted for its repeal, and Donald Trump is expected to put his signature on it, like a final stamp on a rule that no one really wanted to enforce. At first glance, the idea might have seemed logical: requiring all entities facilitating digital asset sales to report “gross proceeds” to the IRS (Internal Revenue Service). Except that in practice, this rule went way too far. It even included DeFi protocols, crypto developers, and even non-custodial apps. Imagine a smart contract supposed to fill out a tax form… There you go. The crypto industry quickly sounded the alarm: technically unenforceable, legally vague, and frankly counterproductive. Driven by Republicans through the Congressional Review Act (a rarely used tool), the repeal resolution passed both chambers of Congress. What’s striking is the bipartisan support: both Democrats and Republicans saw in this rule a real risk of stifling a whole sector of American innovation. For once, crypto managed to unite a political class that is so often divided. With his much-anticipated signature, Donald Trump will send a strong signal to the crypto ecosystem. He now positions himself as a defender of innovation against a too-greedy bureaucracy. Reactions within the ecosystem after this Senate vote are unanimous: relief, and even a form of optimism. America seems determined not to miss the train of decentralization. The page has been turned, but the book remains open, because while the repeal avoids a regulatory disaster, it also leaves a void. The need for clear regulation, differentiated between custodial and non-custodial actors, is more pressing than ever. The ball is now in the hands of crypto legislators… and Donald Trump, whose administration is currently ready to store bitcoin in bulk .

Trend doubters in disbelief. Send it higher. #Bitcoin

We just need to find a route to send liquidity from one chain to another, and people should be able to hold their original token on one chain while also getting another token on the other chain that can generate some good yields.

Cardano founder Charles Hoskinson is set to lead a high-profile panel discussion titled “Digital Liberty: Expanding Global Access to Digital Assets and DeFi” at the DC Auditorium. This event will feature key speakers, including Donald Trump Jr., who serves as the Web3 Ambassador for World Liberty Financial (WLFI), as well as Zach Folkmann, Chase Herro, and Zach Witkoff, co-founders of World Liberty Financial. What’s the Connection Between Cardano and World Liberty Financial? Despite Hoskinson’s consistent push towards traditional finance and financial inclusion through decentralized solutions, WLFI has primarily relied on the Ethereum and Binance Smart Chain networks for its operations. However, Hoskinson’s participation as the moderator of this panel is now sparking optimism within the Cardano community. Related: ADA Price Alert March 26th: Bulls Challenge $0.75 Resistance After Rebound There’s also growing speculation surrounding a potential collaboration between World Liberty Financial and Cardano, specifically the possibility of integrating the USD1 stablecoin onto the Cardano network. Some analysts speculate that the discussions might even hint at Cardano’s involvement in expanding WLFI’s stablecoin ecosystem to include the Cardano blockchain, which could significantly strengthen its use case, particularly in emerging markets. Cardano’s DeFi, Hydra, has hit 1 million txs/sec, and apps like Indigo are gaining traction for their attractive yields. Experts suggest that Governance and US stockpile moves could send ADA past $1. Meanwhile, Cardano’s technical analysis indicates a bullish phase. ADA’s price recently tapped into a high near 0.7673, testing liquidity above the previous swing. Related: Top Analyst’s Confident Take: ADA and XRP at $10? ‘Fine With Me’ Traders should keep a close eye for a decisive break and hold above 0.76 to confirm this bullish scenario. 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.

In the fast-paced crypto world, security is paramount. One tool that many investors use is a watch only wallet. While it’s designed for safety by allowing you to monitor your funds without exposing your private keys, scammers have found ways to exploit its popularity. In this article, we’ll explain what a watch only wallet is, how scammers are taking advantage, and what you can do to protect yourself. ⸻ What Is a Watch Only Wallet? A watch only wallet is a read‑only version of your cryptocurrency wallet. Instead of holding your private keys, it only requires your public address. This means you can check your balance and view your transaction history without giving anyone the ability to spend your funds. It’s a straightforward, low‑risk tool for keeping an eye on your investments—ideal for those who want to stay informed without compromising security. ⸻ How Scammers Are Taking Advantage Even though watch only wallets are inherently safe, scammers have developed tactics that prey on user vulnerabilities. Here are some common scam methods: • Fake Watch Only Wallet Apps and Websites: Scammers sometimes create counterfeit wallet apps or websites that mimic genuine services. Once you input your public address, these fake platforms may lure you into entering sensitive information like your private keys or seed phrases, claiming they’re needed for “advanced features” or troubleshooting. • Phishing Emails and Messages: You might receive emails or social media messages that appear to be from a trusted wallet provider. They often direct you to a fake login page that looks nearly identical to the real one. If you input your credentials or mistakenly import your private keys, scammers can gain access to your funds. • Social Engineering and Impersonation: Some scammers pose as customer support representatives. They may convince you that to “secure” or “verify” your watch only wallet, you need to provide additional information. Once you do, they can use that information to compromise your actual wallet. • Misleading Advertisements: Advertisements on unverified platforms might promote “enhanced” watch only wallets with features that seem too good to be true. Often, these ads lead you to insecure platforms designed to harvest your sensitive data. ⸻ How to Protect Yourself While the concept of a watch only wallet is safe, your security depends on your actions. Follow these tips to stay protected: • Always Verify the Source: Only use official apps or websites from trusted wallet providers. Double-check URLs and download software directly from the provider’s official site or reputable app stores. • Never Share Sensitive Information: A true watch only wallet only requires your public address. If a service asks for your private keys or seed phrases, it’s a red flag—this information should remain confidential. • Be Skeptical of Unsolicited Contacts: Legitimate companies will never ask you to send your private keys via email, chat, or phone. If you receive such a request, ignore it and report it to the official support channels. • Keep Your Software Up-to-Date: Regular updates ensure that you benefit from the latest security patches. Use the most recent version of your wallet software to protect against vulnerabilities. • Educate Yourself: Stay informed about common scam tactics in the crypto community. The more you know about phishing, fake apps, and social engineering, the better you can protect your investments. ⸻ Conclusion Watch only wallets offer a secure and convenient way to monitor your cryptocurrency without risking your private keys. However, scammers are continually evolving their tactics to exploit even the simplest tools. By understanding how watch only wallets work and staying vigilant against potential scams, you can confidently safeguard your digital assets. Remember, in the realm of crypto security, knowledge is your best defense.