
Howard Lutnick: Bitcoin Will Get Unique Status in US Crypto Reserve ✔️
Mar-6-2025
Howard Lutnick reported that Trump intends to announce a major policy change on cryptocurrencies, including plans to create a strategic digital asset reserve, at a meeting of crypto market participants with White House officials scheduled for March 7:
"Bitcoin will be given 'unique status' under Trump's plans, other cryptocurrencies will be treated differently - positively, but differently."
The Crypto Summit will be an important venue for discussions on regulatory clarity, financial innovation and economic opportunities for the emerging digital asset sector, the minister said.
A number of major market players have confirmed their participation in the summit. Among them are Kraken exchange co-CEO Arjun Sethi, Chainlink crypto project co-founder Sergey Nazarov, Strategy (former MicroStrategy) founder Michael Saylor and some others.
Earlier, Brian Armstrong, CEO of the cryptocurrency exchange Coinbase (NASDAQ: COIN ), said that it would be better if the US crypto reserve contained only Bitcoin.
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Mar-5-2025
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The percentages on deposits as of March 5️⃣
Mar-5-2025
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Vietnamese authorities are going to start regulating the country's crypto market ✔️
Mar-5-2025
Vietnamese Prime Minister Phạm Minh Chính said that the authorities intend to create a “regulatory sandbox” where Vietnamese companies can test crypto projects under state control. The head of government said that the cryptocurrency market in Vietnam is currently in a “gray zone,” and digital assets are not officially recognized.
Since 2017, the Central Bank has banned the use of cryptocurrencies as a means of payment. This means that Bitcoin and other assets cannot be used to pay for any transactions, and violating the ban can result in fines or criminal liability.
At the same time, the popularity of cryptocurrencies in the country is growing. Vietnamese actively trade and invest through international platforms or p2p, without state control. Over the past year, investments of Vietnamese investors in digital assets have exceeded $105 billion, and the country has taken fifth place in the world in terms of public acceptance of cryptocurrencies, according to the Chainalysis rating.
Earlier, the Vietnamese Ministry of Planning and Investment (MPI) proposed to launch a state program to support national crypto trading platforms in specialized financial centers of Ho Chi Minh City and Donang.
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The percentages on deposits as of March 4️⃣
Mar-4-2025
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Litecoin Could Be the Next Altcoin to Be Listed in an ETF 🛡
Mar-4-2025
Following the successful debut of Bitcoin (BTC) and Ethereum (ETH) spot ETFs in 2024, the crypto community is now discussing which altcoin will form the basis of the next similar product.
Litecoin (LTC) has the best chance of getting US SEC approval, at 90%, according to Bloomberg ETF analyst James Seyfarth.
In his opinion, this is due to Litecoin's unique position in the regulatory system. LTC is not involved in any lawsuit in which it would be called a security.
To obtain approval, a green light is needed from the SEC's Division of Trading and Markets and Division of Corporate Finance.
It is noteworthy that in recent weeks, applications for Litecoin and HBAR have shown some progress, which, however, may be a result of the issuers’ strategy.
Dogecoin and HBAR also seem to have a good chance of being approved. Other popular altcoins like Solana , XRP , Cardano , and Polkadot remain in limbo.
The main question, the expert says, is whether the SEC will treat these digital assets as securities. If so, that would make it difficult to list them in a commodity-based ETF structure.
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