
Facing a MAJOR RESET?: Trump Team Plans “Significant” Move Anchored by Gold
Facing a MAJOR RESET?: Trump Team Plans “Significant” Move Anchored by Gold
Daniela Cambone: 3-21-2025
"They really do plan a significant reset of the entire system, and gold is the anchor," says Mat Smith, co-host of the Doug Casey’s Take podcast, writer, and investor.
In this compelling interview with Daniela Cambone, Smith breaks down the recent gold rally and the underlying factors driving the precious metal to all-time highs.
He points to the Trump administration's apparent plan to reset the global monetary and trading system, with gold taking center stage.
Facing a MAJOR RESET?: Trump Team Plans “Significant” Move Anchored by Gold
Daniela Cambone: 3-21-2025
"They really do plan a significant reset of the entire system, and gold is the anchor," says Mat Smith, co-host of the Doug Casey’s Take podcast, writer, and investor.
In this compelling interview with Daniela Cambone, Smith breaks down the recent gold rally and the underlying factors driving the precious metal to all-time highs.
He points to the Trump administration's apparent plan to reset the global monetary and trading system, with gold taking center stage.
"Knowing the historic role of gold, it’s very difficult to imagine this is anything other than a calculated move for the reset they’ve planned."
Smith also shares a crucial piece of advice for investors: own some gold. As the paper gold system shows signs of falling apart, holding physical gold has never been more important.
CHAPTERS:
00:00 Gold overview
2:23 Gold moves to New York
4:46 Why monetary reset?
6:16 Gold confiscation
7:03 Gold price
8:09 BRICS
9:14 Devalue currency
10:59 Deflationary environment
12:17 Matt’s advice
Seeds of Wisdom RV and Economic Updates Saturday Morning 3-22-25
Seeds of Wisdom RV and Economic Updates Saturday Morning 3-22-25
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SEC HOLDS FIRST CRYPTO ROUNDTABLE TO REASSESS REGULATORY FRAMEWORK
Despite presenting contrasting arguments, advocates and skeptics conceded that crypto needs regulatory clarity in the US.
The US Securities and Exchange Commission (SEC) held its first crypto task force roundtable on March 21 to discuss regulation, which ended in a consensus that crypto needs regulatory clarity in the US despite diverging views among the panelists.
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SEC HOLDS FIRST CRYPTO ROUNDTABLE TO REASSESS REGULATORY FRAMEWORK
Despite presenting contrasting arguments, advocates and skeptics conceded that crypto needs regulatory clarity in the US.
The US Securities and Exchange Commission (SEC) held its first crypto task force roundtable on March 21 to discuss regulation, which ended in a consensus that crypto needs regulatory clarity in the US despite diverging views among the panelists.
Panelists ranged from crypto advocates to skeptics and the session focused on longstanding debates, including the classification of digital assets and the limits of existing securities laws in addressing decentralized technologies.
Advocates defended decentralization as a gauge for determining whether a token is a security. At the same time, skeptics argued that the current definition by the Howey test works, as the SEC won more motions than lost.
The event marked a shift in tone from the SEC under former Chair Gary Gensler, who frequently characterized most crypto tokens as securities and pursued enforcement actions against major firms.
Legal definitions and the scope of securities law
Discussions extended to what characteristics of digital assets, if any, justify different treatment under the law. Crypto advocates at the event suggested that beyond asking whether something is a security, the more relevant question may be whether certain securities merit exemptive relief.
Proponents argued that one possible differentiator is the degree of control exerted by issuers, a concept that better captures the decentralized nature of many blockchain networks.
Lee Reiners, a lecturing fellow at the Duke Financial Economics Center, said that all panelists agree that Bitcoin (BTC) is not a security because it is sufficiently decentralized.
However, he added that drawing a line to define if something is sufficiently decentralized or an investment contract is impossible, citing a Commodity Futures Trading Commission (CFTC) report that divides decentralization by spectrums based on different aspects.
Investor risk and statutory authority
Skeptics of the crypto industry presented contrasting perspectives. Former SEC enforcement official John Reed Stark and the most vocal critic maintained that the agency’s responsibility is to protect investors who purchase digital assets.
Additionally, crypto critics argued that the Howey Test remains a sufficient legal standard and that the SEC’s track record of litigation success affirms its interpretive authority. Stark suggested that there is no need to reinvent the framework.
Despite these divisions, participants generally agreed that clearer definitions and regulatory consistency would benefit the industry and the SEC’s oversight responsibilities.
The roundtable represents the first in a series of efforts to modernize the agency’s stance on crypto markets while balancing investor protection with technological innovation. It signals the beginning of the regulator’s reassessment process.
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Source: CryptoSlate
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RIPPLE PUSHES SEC WITH 3-STEP PLAN FOR CLEAR CRYPTO REGULATIONS
▪️Ripple criticizes past SEC leadership for creating regulatory confusion and urges a return to clear, existing securities laws.
▪️Ripple proposes the SEC focus on enforcing established laws, not creating new ones, to provide clarity for the crypto market.
▪️With the SEC dropping its appeal, the Ripple lawsuit nears resolution, highlighting the need for defined crypto regulations.
Ripple is calling on the SEC to finally bring clarity to crypto regulations. The company argues that unclear rules have caused confusion for years, making it harder for businesses and investors to navigate the industry.
This comes after Hester Peirce, head of the SEC’s Crypto Task Force, asked the public for input on how crypto assets should be classified. Her request, titled “There must be some way out of here,” signals an effort to fix the mess left by past SEC leadership.
But Ripple isn’t holding back. The company has strongly criticized the SEC’s previous approach, calling it inconsistent, overly complicated, and legally weak.
Now, Ripple is laying out a clear plan to cut through the confusion – one that could finally bring long-overdue regulatory clarity.
Ripple Criticizes Previous SEC Leadership
In its response, Ripple strongly criticized the SEC’s former chairman, Gary Gensler arguing that the agency’s past approach to crypto regulation was unclear, overly complicated, and lacked legal support. Ripple suggested that the SEC intentionally created confusion to hide its failure to follow proper legal processes.
To fix this, Ripple outlined three key steps the SEC should take to improve regulatory clarity.
Ripple’s Three-Step Plan for Clearer Regulations
1. Focus on True Securities
Ripple believes the SEC should only regulate assets that legally qualify as securities under federal law. The company argued that many digital assets, especially those that do not generate profit or yield, should not be classified as securities.
2. Enforce Existing Laws Instead of Creating New Ones
Ripple urged the SEC to stick to the laws already in place instead of introducing new rules that could create further confusion. The company stressed that only Congress has the power to make new laws, and the SEC should focus on enforcing existing regulations.
3. Provide Clear Guidelines
Ripple called on the SEC to take a more transparent approach to crypto regulations. It praised the SEC’s decision to clarify that meme coins are not securities, saying such clear guidance helps reduce uncertainty in the market. Ripple is now pushing for similar clarity across the entire crypto industry.
Ripple vs. SEC Lawsuit Nears Its End
Meanwhile, the long-running legal battle between Ripple and the SEC is close to wrapping up. The SEC has dropped its appeal against Ripple, leaving only Ripple’s cross-appeal as the final step. Many legal experts believe Ripple will withdraw its appeal once a favorable agreement with the SEC is reached.
After years of regulatory chaos, the SEC and Ripple might finally be on the same page. The real question is: will crypto finally get the clarity it deserves?
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Source: Coinpedia
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UAE COMMITS TO $1.4 TRILLION US INVESTMENT, WHITE HOUSE SAYS
WASHINGTON/DUBAI, March 21 (Reuters) - The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, the White House said on Friday.
Th e framework will "substantially increase the UAE's existing investments in the U.S. economy" in AI infrastructure, semiconductors, energy, and manufacturing, the White House said in a statement.
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UAE COMMITS TO $1.4 TRILLION US INVESTMENT, WHITE HOUSE SAYS
WASHINGTON/DUBAI, March 21 (Reuters) - The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, the White House said on Friday.
The framework will "substantially increase the UAE's existing investments in the U.S. economy" in AI infrastructure, semiconductors, energy, and manufacturing, the White House said in a statement.
The White House did not outline how UAE investments would reach $1.4 trillion, with some of the deals unveiled as part of the framework having already been announced.
The only fully new deal appeared to be an investment by Emirates Global Aluminium in what would be the first new aluminum smelter in the United States in 35 years, the White House said, adding the plant "would nearly double U.S. domestic aluminum production".
"Developing a primary aluminium smelter in the U.S. has been part of EGA's ambitions for several years," a spokesperson for the firm said in a statement.
The UAE, an oil producer and longtime security partner of the U.S., is looking to deepen investment ties with Washington and is emerging as a global leader in AI, one of the sectors it is betting on to diversify its economy away from energy.
In September, UAE President Sheikh Mohamed bin Zayed Al Nahyan met former U.S. President Joe Biden, in the first visit of a UAE president to the White House, as the two leaders discussed deepening cooperation in areas such as AI, investments and space exploration.
Gulf sovereign wealth funds, including Abu Dhabi's $330-billion Mubadala, are already big U.S. investors, and Trump and his family have business ties to the region.
OVAL OFFICE MEETING
Trump in January asked Saudi Arabia to spend upwards of $1 trillion in the U.S. economy, over four years, including purchases of military equipment, and said this month he likely would make his first trip abroad to the Gulf country to seal an investment agreement.
The deal, which could happen between this month or the next, would come at a time when Saudi Arabia, the Arab world's biggest economy, has been taking a more prominent role in U.S. foreign policy. The Gulf country is set to host diplomatic talks around Ukraine involving the United States and Russia next week.
The White House said on Friday the UAE agreement resulted from a meeting that Trump held on Tuesday with national security adviser Sheikh Tahnoon bin Zayed Al Nahyan in the Oval Office and a dinner that Vice President JD Vance and several cabinet members held with the UAE delegation, which included the heads of major UAE sovereign wealth funds and corporations.
Among the tie-ups highlighted on Friday was a partnership between UAE sovereign wealth fund ADQ, which is chaired by Sheikh Tahnoon, and U.S. private equity firm Energy Capital Partners, for a $25 billion U.S.-focused initiative to invest in energy infrastructure and data centers. That had been previously announced two days ago.
A commitment by XRG, the international investment arm of UAE state oil company ADNOC launched in November, to support U.S. natural gas production and exports with an investment in the NextDecade liquefied natural gas export facility in Texas, had previously been made public last year by ADNOC, under Biden.
https://www.reuters.com/world/after-trump-meeting-uae-commits-10-year-14-trillion-investment-framework-us-2025-03-21/
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Source:
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AUSTRALIA OUTLINES CRYPTO REGULATION PLAN, PROMISES ACTION ON DEBANKING
The Albanese-led government intends to release draft legislation in 2025 for public consultation and promised to work with Australia’s four largest banks to better understand de-banking.
Australia’s government, under its ruling center-left Labor Party, has proposed a new crypto framework regulating exchanges under existing financial services laws and has promised to tackle debanking.
It comes ahead of a federal election slated to be held on or before May 17, which current polling shows is shaping up to a dead heat between Prime Minister Anthony Albanese’s Labor and the opposing Coalition led by Peter Dutton.
The Treasury Department said in a March 21 statement that crypto exchanges, custody services and some brokerage firms that trade or store crypto will come under the new laws.
The regime imposes similar compliance requirements as other financial services in the country, such as following rules safeguarding customer assets, obtaining an Australian Financial Services Licence and meeting minimum capital requirements.
In August 2022, the government initiated a series of industry consultations to draft a crypto regulatory framework.
“Our legislative reforms will extend existing financial services laws to key digital asset platforms, but not to all of the digital asset ecosystem,” the Treasury said in its statement.
Small-scale and startup platforms that don’t meet specific size thresholds will be exempt, along with firms that develop blockchain-related software or create digital assets that aren’t financial products.
Payment stablecoins will be treated as a type of stored-value facility under the Government’s Payments Licensing Reforms; however, some stablecoins and wrapped tokens will be exempt.
“Dealing or secondary market trading in these products will be not treated as a dealing activity, and platforms where they are traded will not be treated as operating a market simply because of that trading activity,” the Treasury said.
As part of its crypto agenda, Albanese’s government has also promised to work with Australia’s four largest banks to better understand the extent and nature of de-banking.
There will also be a review into a central bank digital currency and an Enhanced Regulatory Sandbox in 2025, allowing businesses to test new financial products without needing a license.
Albanese’s government intends to release a draft of the legislation for public consultation. However, a change of government could be on the horizon with a looming federal election, a date for which is yet to be called.
Dutton’s center-right Coalition had earlier promised to prioritize crypto regulation if it wins the election.
The latest YouGov poll published on March 20 shows the Coalition and Labor neck in neck for a two-party preferred vote.
Caroline Bowler, the CEO of local crypto exchange BTC Markets, said in a statement shared with Cointelegraph that the areas of reform are sensible and would keep Australia competitive with global peers.
However, she thinks there “will be additional detail required on capital adequacy and custody requirements.”
“We need to ensure that these requirements aren’t overly burdensome for business investment in Australia,” Bowler said.
Kraken Australia’s managing director, Jonathon Miller, said there is an “urgent need for bespoke crypto legislation” to address the existing confusion and uncertainty in the country’s industry.
“We believe that by establishing a clear crypto regulatory framework and mitigating problems like debanking, government can remove the barriers hampering growth in the Australian economy,” he said.
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Source: CoinTelegraph
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SEC’S OFFICIAL STATEMENT ON RIPPLE LAWSUIT STILL PENDING: HERE’S WHAT WE CAN EXPECT
Brad Garlinghouse, CEO of Ripple, recently announced that the SEC has finally dropped its appeal against Ripple, marking the end of a lengthy legal battle that lasted over three years. The SEC has decided not to pursue further legal action, confirming that Ripple is no longer under threat from the regulatory body.
This decision has had an immediate impact on XRP’s price, which surged following the announcement. The legal saga, which began with the SEC’s claim that Ripple violated securities laws by selling XRP, has been a major point of contention in the cryptocurrency space.
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SEC’S OFFICIAL STATEMENT ON RIPPLE LAWSUIT STILL PENDING: HERE’S WHAT WE CAN EXPECT
Brad Garlinghouse, CEO of Ripple, recently announced that the SEC has finally dropped its appeal against Ripple, marking the end of a lengthy legal battle that lasted over three years. The SEC has decided not to pursue further legal action, confirming that Ripple is no longer under threat from the regulatory body.
This decision has had an immediate impact on XRP’s price, which surged following the announcement. The legal saga, which began with the SEC’s claim that Ripple violated securities laws by selling XRP, has been a major point of contention in the cryptocurrency space.
Fox Business journalist Eleanor Terrett responded, explaining that the SEC still needs to formally approve the withdrawal of its appeal. Once the Commission gives the green light, they can expect a press release similar to the one issued earlier this year when the SEC dismissed its lawsuit against Coinbase.
Terrett added that the SEC typically addresses matters of litigation and enforcement during their closed meetings. The dismissal of the Ripple case will likely be discussed at one of these meetings, which is scheduled for next Thursday.
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Source: Coinpedia and Twitter
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RIPPLE CEO PREDICTS NEW RLUSD CRYPTO TO BE TOP 5 STABLECOIN BY YEAR END FOLLOWING SEC’S DROPPED XRP LAWSUIT
Ripple CEO Brad Garlinghouse says the firm’s dollar-pegged crypto asset will become a top stablecoin by the end of the year after the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against the payments platform.
In a new interview, Garlinghouse says that RLUSD – which launched in December 2024 – will grow into a top-five stablecoin after the regulatory agency dropped its lawsuit against Ripple Labs for allegedly violating securities law.
According to Garlinghouse, the stablecoins sector of the industry should see massive growth in the next few years.
“I think we’re underestimating how big [stablecoins] might get. Today, that market is about $230 billion. Some smart people think that may go up 10x in the next five years – I think that’s probably right…
Ripple launched its own stablecoin at the end of the last year that’s already ahead of our own internal forecast in terms of where we are at this point…
We’re still really small, but the goal is by the end of the year, for RLUSD, Ripple’s stablecoin, to be one of the top five in the market, and I think the whole market is going to grow dramatically this year.”
Earlier this week, the SEC announced it is dropping its case against Ripple Labs for allegedly selling unregistered securities, causing XRP, the digital asset associated with the firm, to rally.
Ripple was initially sued by the SEC in 2020, but a judge in 2022 ruled that the open-market sales of XRP to retail investors do not qualify as securities.
XRP is trading for $2.47 at time of writing, a 2.4% decrease on the day while RLUSD has a market cap of $169.6 billion.
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Source: DailyHodl
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JUST IN: PRESIDENT TRUMP DECLARES END TO CRYPTO ‘WAR’
At the Digital Asset Summit 2025, President Donald Trump spoke via video, sharing his vision for the U.S. to lead in the world of crypto and financial technologies. He expressed that while it won’t be easy, the U.S. is already ahead, having hosted the first-ever White House Digital Summit just two weeks ago.
The summit brought together top leaders in the crypto space for discussions led by Crypto Czar David Sachs. Trump also reflected on his recent executive order to create a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, which will help the government maximize the value of its crypto holdings, unlike the previous administration’s actions.
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JUST IN: PRESIDENT TRUMP DECLARES END TO CRYPTO ‘WAR’
At the Digital Asset Summit 2025, President Donald Trump spoke via video, sharing his vision for the U.S. to lead in the world of crypto and financial technologies. He expressed that while it won’t be easy, the U.S. is already ahead, having hosted the first-ever White House Digital Summit just two weeks ago.
The summit brought together top leaders in the crypto space for discussions led by Crypto Czar David Sachs. Trump also reflected on his recent executive order to create a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, which will help the government maximize the value of its crypto holdings, unlike the previous administration’s actions.
Trump went on to criticize the past administration’s approach to crypto, particularly its regulatory actions, calling them a misuse of government power. He said that with his leadership, the U.S. is ending this regulatory “war” and promised a more supportive environment for crypto.
Trump also called on Congress to pass clear, sensible regulations for stablecoins and market structures, which would help boost innovation and investment in the industry.
“We are ending the previous administration’s regulatory war on crypto and Bitcoin, which includes stopping the lawless ‘Operation Chokepoint 2.0.’ This operation went far beyond regulation — it was a form of government weaponization, and frankly, it was a disgrace. But as of January 20, 2025, all of that is over,” he said.
He concluded by expressing excitement about the energy of the crypto community, believing it embodies the spirit that built America, and reaffirming that the future of finance will be led by the U.S.
The Strategic Bitcoin Reserve will hold about 200,000 bitcoins that have been seized by federal agencies. The U.S. Digital Asset Stockpile will include other types of digital assets, also seized through legal processes.
The Treasury will oversee these assets and decide how to manage or sell them if needed. The goal of this executive order is to centralize and properly manage the country’s digital assets, ensuring their value is maximized.
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Source: Coinpedia
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TRUMP IS TAKING ON THE FED—WITH CRYPTO AS THE TIP OF THE SPEAR
Anticipated moves by President Trump and Senate Republicans appear intent on using crypto policy to achieve a broader goal: ending the Fed’s independence.
As President Donald Trump continues to test the limits of executive authority by reshaping all manner of U.S. government agencies, one such battle appears poised to rope in the cryptocurrency industry: a brewing war against the Federal Reserve and its publicly stated mission to remain independent.
Since the early 1950s, the Fed has enjoyed final say on key decisions related to the American banking system and U.S. monetary policy. Now the Trump administration and its Republican allies in Congress appear intent on taking over some of that decision-making—first and foremost via numerous crypto-related policy initiatives.
As Decrypt reported last week, the White House is planning to soon issue another cryptocurrency-focused executive order that will, among other things, likely direct the Fed to change its policies on withholding coveted master accounts from so-called crypto banks—financial institutions that possess banking licenses but also offer crypto custody services to their clients.
Master accounts, which allow banks to access the Fed’s financial services, are crucial for serving customers at scale. Should crypto banks finally receive such approval, the development would constitute a massive victory for the digital assets industry.
Only the precious few crypto-focused banks that are registered as depository institutions, such as Kraken Financial, a subdivision of the cryptocurrency exchange Kraken, and Caitlin Long’s Custodia, would be immediately eligible to receive master accounts.
Master account approvals have, for decades, been the final say of the Fed’s seven-member board of governors. And while those governors are appointed by the president, their decisions have not been openly overridden by the executive branch ever since an informal agreement granted them policy-making independence in 1951, according to the Fed.
Last month, Trump laid the groundwork to begin undoing that understanding by signing an executive order declaring he had the right to dictate the Fed’s policies related to the “supervision and regulation of financial institutions.” That policy category would likely include the Fed’s decision-making related to master accounts.
Trump’s order did make the caveat that the Fed will continue to shape its own “monetary policy” on sensitive matters like interest rates. But efforts are brewing in Washington to undo even the Fed’s monetary policy independence—and once again, those plans run straight through the crypto industry.
Last week, Sen. Cynthia Lummis (R-WY) introduced a bill, the Bitcoin Act, that would obligate the U.S. government to buy some $80 billion worth of Bitcoin in an effort to bolster a federal Strategic Bitcoin Reserve. That huge sum of crypto would be paid for, chiefly, by a scheme that would compel the Fed to have its Nixon-era gold certificates reissued at market prices.
Because gold has appreciated by some 6,000% in the intervening years, new gold certificates would theoretically be worth hundreds of billions more than the old ones. The Fed would receive these new, more valuable certificates—but then have to immediately fork over $80 billion to the Treasury Secretary to fund Bitcoin purchases.
A Capitol Hill source with direct knowledge of the thinking that went into the Bitcoin Act told Decrypt that no one has yet tried to tap into such a fundraising mechanism because, for decades, legislators and presidents alike have been hesitant to explicitly direct the Fed.
That position has now changed.
“The view [behind the Bitcoin Act] is in line with the president’s, that there’s no such thing as an independent agency,” the source said. “The Federal Reserve can be instructed, especially through legislation.”
The Capitol Hill insider added that Republicans have likely been emboldened in recent years to take a stronger stance on overseeing the policies of ostensibly independent federal agencies because of the perceived politicization of these agencies, exemplified by the alleged political targeting that took place in the anti-crypto “Operation Chokepoint 2.0.”
Trump is by no means the first president to push against the Fed’s independence in the modern era. Presidents from both parties have pressured the Fed to enact or undo certain policies.
In 1965, President Lyndon Johnson went so far as to physically assault then-Fed chair William McChesney Martin over a disagreement about raising interest rates, according to one biographer.
But still, since the 1950s, no president has successfully managed, or meaningfully tried, to rip key decision-making powers back from the Fed’s governors—at least not explicitly.
Should Trump and his congressional allies keep pressing forward on that goal—and should crypto policy become the tip of that spear—how might the digital assets industry react?
One crypto lobbyist told Decrypt that the Trump administration appears to be using crypto-related policy as a “test case” for reclaiming control over independent agencies.
On one hand, those efforts could unlock crucial victories crypto leaders wouldn’t have dared dream of even a year ago.
On the other hand, the same moves could not only end up in contentious litigation, but also associate the crypto industry—which has tried desperately to avoid political polarization—with a precedent-bucking agenda that is increasingly testing the limits of the U.S. Constitution.
“I can't tell yet if it’s a good thing or a bad thing,” the crypto lobbyist said. “But we’ll take it. Right?”
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Source: Decrypt
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PRESIDENT TRUMP PLEDGES US LEADERSHIP IN CRYPTOCURRENCY AT DIGITAL ASSET SUMMIT
President Donald Trump outlined his administration’s vision for U.S. leadership in cryptocurrency and financial technology during the Digital Asset Summit.
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PRESIDENT TRUMP PLEDGES US LEADERSHIP IN CRYPTOCURRENCY AT DIGITAL ASSET SUMMIT
President Donald Trump outlined his administration’s vision for U.S. leadership in cryptocurrency and financial technology during the Digital Asset Summit.
Trump Touts Crypto as Key to U.S. Economic Growth
Addressing the summit’s attendees via video feed, Trump declared his commitment to making America the global center for digital assets. “Together we will make America, the undisputed bitcoin superpower and the crypto capital of the world,” he stated. He also highlighted the recent White House Digital Asset Summit, where top crypto executives met with White House AI and Crypto Czar David Sacks.
Trump announced the creation of a strategic bitcoin reserve and a U.S. digital asset stockpile, a move aimed at maximizing the government’s holdings. “Instead of foolishly selling them for a fraction of their long-term value, which is exactly what Biden did,” he asserted.
The president also vowed to end what he described as the previous administration’s “regulatory war on crypto,” including halting Operation Choke Point 2.0. “It was a form of lawfare through government weaponization. Frankly, it was a disgrace,” he said, pledging that such policies ended on January 20, 2025.
Trump called on Congress to pass legislation establishing clear regulations for stablecoins and market structure, arguing that a strong legal framework would allow institutions to invest and innovate freely. “You will unleash an explosion of economic growth,” he told the audience.
He concluded by reinforcing his belief that crypto will drive financial innovation in the U.S. “It’s going to be right here in the USA, the good old USA,” he said.
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Source: Bitcoin News
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XRP JUST HIT MAJOR MILESTONE WITH FIRST US REGULATED FUTURES
The first-ever regulated XRP futures in the U.S. are live, delivering compliant, physically settled contracts that enhance market integrity and strengthen price discovery.
Regulated XRP Futures Are LIVE in the US
Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S. Commodity Futures Trading Commission (CFTC) regulated futures contract for XRP, the company announced on March 20. The announcement states:
"This marks the first-ever CFTC-regulated XRP futures product in the United States, providing traders with a compliant, transparent, and capital-efficient way to gain exposure to XRP".
The newly introduced XRP US Dollar Myra (XRUY) Futures are designed to enhance market integrity by ensuring contracts are physically settled in actual XRP rather than cash. This approach strengthens price discovery by directly linking derivatives trading to the real supply and demand dynamics of XRP.
Along with the product launch, Bitnomial Exchange, LLC voluntarily dismissed its lawsuit against the U.S. Securities and Exchange Commission (SEC), which was initially filed in October 2024. The company shared:
"Bitnomial is also pleased to announce that yesterday, Bitnomial Exchange LLC filed a notice of voluntary dismissal of its case against the U.S. Securities and Exchange Commission (SEC)."
The lawsuit questioned whether Bitnomial’s XRP futures should be classified as security futures contracts. With the SEC’s evolving stance on crypto assets providing greater clarity, Bitnomial decided to withdraw the case, emphasizing the importance of regulatory certainty for fostering innovation in digital asset markets.
Bitnomial has been broadening its range of physically settled futures, now offering contracts on solana, avalanche, chainlink, bitcoin cash, litecoin, ethereum, polkadot, and hedera. The company detailed:
"Bitnomial’s physically settled futures ensure contracts are delivered in actual XRP upon settlement, distinguishing them from cash-settled alternatives that do not have direct interaction with the underlying asset."
“This structure enhances market integrity and strengthens price discovery by tying derivatives trading directly to XRP’s supply and demand dynamics,” the company added.
CEO Luke Hoersten highlighted the significance of physically settled contracts in reinforcing market transparency, while President Michael Dunn noted that the introduction of XRP futures solidifies Bitnomial’s role as a leader in regulated crypto derivatives trading.
Bitnomial’s announcement of launching the first CFTC-regulated XRP futures contracts came a day after Ripple CEO Brad Garlinghouse revealed that the SEC is dropping its appeal in the company’s long-running lawsuit over XRP.
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Source: BitcoinNews
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DUBAI LAND DEPARTMENT BEGINS REAL ESTATE TOKENIZATION PROJECT
The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.
The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.
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DUBAI LAND DEPARTMENT BEGINS REAL ESTATE TOKENIZATION PROJECT
The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.
The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.
The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator.
The token launch makes the DLD the first real-estate registration entity in the UAE to implement tokenization on property title deeds.
DLD expects the sector to grow $60 billion by 2033
In the announcement, the DLD said the initiative is expected to drive growth in real estate tokenization. The government agency predicts that its market value could reach over $16 billion by 2033. According to the agency, this represents 7% of Dubai’s total real estate transactions.
DLD Director-General Marwan Ahmed Bin Ghalita said in the announcement that real estate tokenization drives a fundamental change in the sector.
“By converting real estate assets into digital tokens recorded on blockchain technology, tokenization simplifies and enhances buying, selling, and investment processes,” he said.
The official said this aligns with the DLD’s vision to become a global leader in real estate investment and use technology to develop innovative real estate products.
Tokenization to open up Dubai real estate to global investors
Tokinvest co-founder and CEO Scott Thiel said the initiative is a “transformative moment” for the sector. Thiel told Cointelegraph:
“The initiative not only reinforces Dubai’s leadership in blockchain adoption but also paves the way for a more inclusive, liquid, and efficient real estate market.”
The executive working in a VARA-regulated RWA platform told Cointelegraph that DLD’s new project would open Dubai’s real estate market to a global pool of investors.
“Tokenisation is no longer a concept. It’s a reality that will open up Dubai’s real estate market to a global pool of investors like never before,” Thiel told Cointelegraph.
In a previous interview, Thiel told Cointelegraph that the UAE’s proactive regulations paved the way for the country’s real-world asset (RWA) tokenization boom. The executive said there was a genuine desire from government agencies to develop clear guidelines for the sector.
@ Newshounds News™
Source: CoinTelegraph
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BRICS: ANALYST REVEALS IF THE US DOLLAR CAN MAINTAIN ITS DOMINANCE
The BRICS alliance is looking to uproot the US dollar from the world’s reserve currency position. The bloc wants to put local currencies in the top slot and reduce dependency on the greenback. The power struggle has ignited fresh debates about the use of the USD among developing nations. Eastern nations want to tilt power from the West and usher into a new financial era.
The move will shake the foundation of the US dollar and weaken its dominant position in the currency markets. Local currencies are getting stronger in 2025 as the USD is down against all leading currencies this year as the DXY index fell to the 103.2 mark.
BRICS: The US Dollar Will Maintain Its Dominance
Ashishkumar Chauhan, the Managing Director of the National Stock Exchange (NSE) spoke about the US dollar’s prospects. He spoke at a Singapore panel on capitalism and technology highlighting the importance of geopolitics and the global stock markets. He also touched on the subject of de-dollarization where BRICS aims to replace the US dollar with local currencies.
Chauhan stressed that BRICS cannot shake the foundation of the US dollar and it will remain the dominant currency. “After World War II, the US meticulously positioned itself to replace the British pound as the global reserve currency. Today, no other country is ready to take on that role,” he argued.
He explained that leading currencies like the euro and the pound are not strong enough to stand the whiplash of the markets. The Chinese yuan and the Japanese yen also fold under pressure and cannot challenge the USD. Therefore, no matter how hard BRICS tries its hand in de-dollarization, the US dollar will remain the dominant currency.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
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$3,000 Gold Is Not The End Of This Story
$3,000 Gold Is Not The End Of This Story
Notes From the Field By James Hickman (Simon Black) March 17, 2025
On November 1, 2023, just as the price of gold reached its record high price of $2,000 per troy ounce, I clearly stated my position that $2,000 gold was just the beginning.
As usual, my argument was grounded in history. Back in the 1960s and 1970s, US government spending soared thanks to the mounting costs of the Vietnam War coupled with incredibly expensive social initiatives dubbed ‘The Great Society’.
The national debt exploded as a result.
$3,000 Gold Is Not The End Of This Story
Notes From the Field By James Hickman (Simon Black) March 17, 2025
On November 1, 2023, just as the price of gold reached its record high price of $2,000 per troy ounce, I clearly stated my position that $2,000 gold was just the beginning.
As usual, my argument was grounded in history. Back in the 1960s and 1970s, US government spending soared thanks to the mounting costs of the Vietnam War coupled with incredibly expensive social initiatives dubbed ‘The Great Society’.
The national debt exploded as a result.
Then, throughout the 1970s, the US suffered an incredibly humiliating withdrawal from Vietnam, complete with a helicopter airlift from the US embassy in Saigon. The Cold War with the Soviet Union was at its peak. Serious trouble brewed with Iran. War broke out in the Middle East.
Civil unrest and ‘mostly peaceful’ protests were also a constant problem in the 1970s, and major cities like New York, LA, and Chicago became synonymous with violent crime.
It was also a time of soaring inflation, weak leadership and political chaos in the US, not to mention rampant criminality in the federal government.
All of this led to a significant loss of confidence in America’s standing on the global stage.
Simply put, the world stopped making sense, and gold became a safe haven from that chaos. That’s why the gold price rose more than 20x over the course of the decade.
When I wrote to you back in late 2023, I described a number of similarities between the 1970s and the 2020s. Chaos and criminality. Weakness and war. Humiliation and inflation. Oh, and that little thing called Covid.
Similarly, the world stopped making sense in the 2020s.
And based on that conclusion, I wrote that $2,000 gold was just the beginning of a much bigger story... and that the price of gold would continue to surge.
It’s not hard to understand why.
Back in late 2023 when I wrote that article, the US national debt was around $33 trillion (it’s up $3+ trillion since then).
The federal government had recently ended its fiscal year (FY23), in which it spent every tax dollar collected just to pay interest on the debt, plus mandatory entitlements like Social Security and Medicare.
100% of US government ‘discretionary’ spending, which includes everything from the military and homeland security, to national parks and federal courts, had to be funded with more debt.
I assumed that this trend of higher spending and higher debt would continue. And it did.
The following year, in FY24, the government spent an unbelievable $1.1 trillion just to pay interest on the national debt— vastly exceeding the defense budget. Plus the FY24 budget deficit increased to more than $1.8 trillion.
So the fiscal situation has only become worse. Not better.
The other issue that I foresaw driving backlash against the dollar was the heavy-handedness of the US government against other nations.
Whenever foreign governments (or even foreign businesses) did things that the US government didn’t like, the Biden administration’s knee-jerk reaction was to impose— or at least threaten— sanctions.
In many respects the only reason that the US government even has the power to sanction other nations is because the dollar is the dominant global reserve currency.
If Costa Rica threatened to sanction other countries, everybody would just laugh... because Costa Rica has no power. But America has enormous power, simply because the rest of the world has to use US dollars for global trade and commerce.
I concluded that, sooner or later, foreign governments would get tired of being pushed around by the US government and start seeking alternatives to the dollar. This is also happening.
One thing that modern history makes very clear is that global monetary regimes tend to reset every few decades.
We can go back to the year 1867 in which the International Monetary Conference in Paris ultimately led to a global gold standard.
This gold standard lasted for a few decades... until World War I broke out. One by one, sovereign governments suspended their gold standards, causing significant disruption to the global monetary regime.
Three decades later, the global financial system was reset at the Bretton Woods Conference which anointed the US dollar as the global reserve currency... on the understanding that the dollar would be backed by gold.
This system lasted for 27 years, when, in 1971, Richard Nixon took the US dollar off the gold standard; this led to a system of “fiat currencies” around the world which were backed by nothing but phony promises from politicians and central bankers.
That system was adjusted once again in the late 1990s in the wake of the Asian financial crisis, and Russia’s sovereign debt default, in which most of the developing world piled into US dollars to hold their reserves. Foreign ownership of US government bonds skyrocketed as a result.
That system has lasted for a few decades— during which period a number of countries (like China) bought up trillions of dollars of US government debt.
Well, we are now witnessing in real time what appears to be another reset in the global financial system. And in some respects, it may even be planned.
The main problems that foreign governments and central banks have against the US dollar— the Treasury Department’s heavy-handedness, the constant threat of sanctions or tariffs, and the unimaginably high levels of debt— are still absolutely present.
And on top of that, this new administration is actively floating what has been dubbed the Mar-A-Lago Accords, i.e. an agreement to force America’s foreign bondholders to reset the financial system.
Just as predicted, all of this uncertainty has been incredibly bullish for gold— primarily because foreign governments and central banks are aggressively seeking an alternative to the US dollar.
At the moment, nobody really knows what the next global financial system will be.
Personally I don’t think the dollar is going to disappear as a reserve currency. But “King Dollar” probably won’t dominate the world— instead perhaps it will be “Earl Dollar” or “Viscount Dollar”, in a mix with other currencies.
No one knows for sure. And that’s why central bankers have been buying gold— because it’s the only asset in which they can have complete confidence. No matter what the new global financial system looks like, gold will continue to have value.
It has been those central banks buying up gold (literally by the metric ton) and pushing prices to record highs.
We said in November 2023 that $2,000 was just the beginning. We’ve just hit $3,000 gold.
I won’t say that is “just the beginning.” But it certainly is not the end to this story.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
https://www.schiffsovereign.com/trends/3000-gold-is-not-the-end-of-this-story-152316/
Seeds of Wisdom RV and Economic Updates Wednesday Evening 3-19-25
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BITNOMIAL SET TO LAUNCH CFTC-APPROVED XRP FUTURES ON MARCH 20, WITHDRAWS SEC LAWSUIT
The decision comes following the SEC dropping its lawsuit against Ripple on the XRP case.
Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission.
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BITNOMIAL SET TO LAUNCH CFTC-APPROVED XRP FUTURES ON MARCH 20, WITHDRAWS SEC LAWSUIT
The decision comes following the SEC dropping its lawsuit against Ripple on the XRP case.
Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission.
The firm said its decision to withdraw its lawsuit was driven by the regulator’s move to abandon legal action against Ripple.
According to the March 19 announcement, the contracts will be physically settled, providing a new regulated trading instrument for institutional and retail investors’ exposure to XRP.
Regulatory improvement
Bitnomial clients will gain access to XRP futures immediately at launch. In contrast, prospective clients can onboard through Futures Commission Merchant (FCM) partners, including R.J. O’Brien and Associates, Marex Capital Markets, and Bitnomial Clearing.
The introduction of these contracts follows the broader trend of increased regulatory clarity in the crypto sector, particularly as legal developments reshape the landscape for digital assets.
One such development was Ripple’s decisive victory against the SEC. The regulator formally dropped its appeal in the long-standing legal battle over XRP’s classification. Ripple CEO Brad Garlinghouse confirmed the resolution on March 19, calling it a significant moment for the industry.
Initiated in December 2020, the case accused Ripple of conducting unregistered securities sales worth $1.3 billion. A key ruling in August 2024 determined that XRP is not a security when traded on public exchanges, although penalties were upheld for institutional sales.
The ruling ordered Ripple to pay $125 million in penalties, significantly lower than the SEC’s original demand of nearly $2 billion.
The regulator and Ripple appealed the decision, with the SEC ultimately deciding to let go of its appeal. However, Ripple’s appeal to avoid the fine and clear XRP’s status as security on institutional sales is still up.
Bitnomial ends lawsuit against SEC
In tandem with the launch of its XRP futures, Bitnomial announced it has voluntarily dropped its lawsuit against the SEC.
The firm had sued the regulator in October 2024 over jurisdictional disputes concerning futures contracts based on XRP’s price.
Bitnomial initially filed for its XRP futures product in August 2024 after the federal ruling that XRP is not a security, challenging the SEC’s stance on overseeing XRP derivatives.
The firm’s decision to dismiss its case is based on the shifting regulatory environment and improving clarity regarding digital asset classification.
@ Newshounds News™
Source: CryptoSlate
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PRESIDENT TRUMP TO SPEAK AT DIGITAL ASSETS SUMMIT TOMORROW
President Donald Trump will make history as the first sitting U.S. president to speak at a Bitcoin and crypto conference, delivering remarks at Blockworks’ Digital Asset Summit (DAS) in New York City tomorrow.
President Donald Trump is expected to deliver a speech at Blockworks’ Digital Asset Summit (DAS) in New York City on March 20. This will be the first time a sitting U.S. president has addressed a Bitcoin and crypto conference, highlighting the growing influence of digital assets in mainstream financial policy.
Although this marks his first speech as a sitting president at a crypto event, Trump has previously engaged with the Bitcoin community, having spoken at the world’s largest Bitcoin conference in Nashville last summer while on the campaign trail. His return to the stage now as president further highlights the continued support from the U.S. government on Bitcoin.
Trump’s speech at DAS comes only a couple weeks after moving forward with officially integrating Bitcoin into his national strategy, when he signed an executive order establishing the U.S. Strategic Bitcoin Reserve, positioning BTC as a key asset for the country’s financial future.
Joining the lineup tomorrow at DAS is Strategy’s Michael Saylor, who will deliver a keynote speech and engage in a fireside chat with Bitcoin historian Pete Rizzo.
Additionally, Bloomberg ETF analyst James Seyffart will host a panel discussion with BlackRock’s Head of Digital Assets Robbie Mitchnick and Nasdaq’s Head of U.S. Equities & Exchange-Traded Products Giang Bui, where they will delve into the evolving landscape of Bitcoin ETFs and institutional adoption.
The announcement of Trump’s participation follows remarks from Bo Hines, Executive Director on Digital Assets for President Trump, who spoke earlier this week at DAS. Hines reaffirmed the administration’s commitment to accumulating Bitcoin for the Strategic Bitcoin Reserve, stating:
“I think it’s high time that our President started accumulating assets for the American people, which is what President Trump is doing rather than taking it away.”
He also emphasized the administration’s approach to acquiring Bitcoin in budget-neutral ways, likening BTC accumulation to gold reserves:
“You know, I’ve been asked all the time, it’s like how much do you want? Well, that’s like asking a country how much gold do you want – as much as we can get."
Trump’s executive order has already sparked legislative action aiming to build on this momentum. Senator Cynthia Lummis and Congressman Nick Begich have each proposed plans for the U.S. to acquire 1 million BTC over the next five years, ensuring a long-term reserve of the scarce asset.
Earlier today at DAS, House Majority Whip and Congressman Tom Emmer stated that he believes this legislation will be enacted “before this congress is done.”
@ Newshounds News™
Source: Bitcoin Magazine
~~~~~~~~~
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Are the Gold Exchanges Breaking?
Are the Gold Exchanges Breaking?
Liberty and Finance: 3-18-2025
Gold prices are soaring, shattering records and reaching heights above $3000 per ounce. Yet, beneath the surface of this bullish market, significant shifts are taking place.
One such change is the recent delisting of key gold contracts on the COMEX, raising questions about the future of the global gold exchanges.
Are the Gold Exchanges Breaking?
Liberty and Finance: 3-18-2025
Gold prices are soaring, shattering records and reaching heights above $3000 per ounce. Yet, beneath the surface of this bullish market, significant shifts are taking place.
One such change is the recent delisting of key gold contracts on the COMEX, raising questions about the future of the global gold exchanges.
To understand the implications of this significant development, Liberty and Finance invites you to an exclusive livestream interview with Andy Schectman, President and CEO of Miles Franklin, a renowned expert in the precious metals industry.
Don’t miss this unique opportunity to gain valuable knowledge and understanding of the evolving landscape of the gold and silver markets.
Andy Schectman’s expertise will provide clarity and context to these critical developments, empowering you to make informed decisions in this dynamic environment.
Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-19-25
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BIG BREAKING: SEC DROPS XRP CASE, RIPPLE CEO CONFIRMS
The SEC drops its lawsuit against Ripple after four years, marking a major legal victory for XRP and the crypto industry.
Ripple CEO Brad Garlinghouse calls the SEC case a "flawed attack on crypto" as regulators retreat from their claims against XRP.
After more than four years of legal battles, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs (pending vote of the commission).
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BIG BREAKING: SEC DROPS XRP CASE, RIPPLE CEO CONFIRMS
The SEC drops its lawsuit against Ripple after four years, marking a major legal victory for XRP and the crypto industry.
Ripple CEO Brad Garlinghouse calls the SEC case a "flawed attack on crypto" as regulators retreat from their claims against XRP.
After more than four years of legal battles, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs (pending vote of the commission).
The case, which was filed in December 2020, accused Ripple of conducting an unregistered securities offering by selling XRP.
Ripple’s CEO, Brad Garlinghouse expressed relief and pride as he reflected on the outcome. “It’s over,” Garlinghouse said, explaining how the case marked a pivotal moment in the ongoing struggle for clarity in the cryptocurrency industry. “Looking back on four years ago, it’s clear to me that this case was flawed from the start. It was the first major shot fired in the war against crypto.”
Garlinghouse went on to explain that, while Ripple faced huge challenges, the company always believed it was on the right side of history.
“I knew we weren’t on the wrong side of the law, and I believed we’d ultimately be proven right. Today’s outcome is a victory for innovation and a long-overdue surrender by the SEC under Chairman Gary Gensler.”
This decision is seen as a major win for the cryptocurrency industry, as it represents the first successful fight against the SEC’s broad interpretation of securities laws applied to digital assets. Garlinghouse credited Ripple’s resources, determination, and grit for pushing back against regulatory agencies.
For many in the crypto community, the SEC’s action was seen as an effort to intimidate the industry, using arguments that they claimed were meant to protect investors but ultimately did more harm than good.
As the crypto industry continues to grow, Ripple’s victory signals a turning point in regulatory efforts, reinforcing the need for clearer guidelines that support innovation without stifling progress.
@ Newshounds News™
Source: Coinpedia
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DUBAI LAUNCHES TOKENIZATION SANDBOX
The Dubai Financial Services Authority (DFSA) has launched a tokenization sandbox and is accepting expressions of interest through to April 24. The DFSA is the regulator for the Dubai International Finance Centre (DIFC).
Applicants could be involved in the issuance, trading, holding, or settlement of tokenized assets. Cryptocurrencies are excluded along with stablecoins. The financial instruments that are tokenized should be similar to conventional securities including equities, bonds, sukuk and collective investment fund units.
As with most sandboxes, the aim is to relax certain regulatory requirements under the supervision of the regulator. Hence, it’s open to companies whether or not they are already DIFC-regulated. If accepted they will be granted a special Innovation Testing License (ITL) that will last from six to twelve months. It appears that the rule relaxations might be assessed on a case-by-case basis. At the end of the ITL period, the entity either will be awarded a full DIFC license or the ITL license will be terminated.
The program supports live market testing and helps firms to clarify the tokenization requirements in the DIFC.
Tokenization rules were introduced in the DIFC in 2021. They support trading by consumers without intermediaries but access must be permissioned, although this doesn’t necessarily rule out the use of a public blockchain.
Tokenization regulations include some additional requirements compared to conventional securities, including informing the DFSA regarding custody arrangements and technology audits.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
LIVE UPDATES: FED LEAVES INTEREST RATES UNCHANGED, BUT FORECASTS FUTURE CUTS
The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting.
That decision leaves the benchmark federal funds rate parked at a range of 4.25% to 4.5%, where it has sat since December. The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three years.
The Fed also kept its forecast for two cuts in 2025.
"We do not need to be in a hurry to adjust our policy stance, and we are well-positioned to wait for greater clarity," said Fed Chair Jerome Powell during a news conference. In Powell's remarks, "clarity," or the lack of it, emerged as a recurring theme.
@ Newshounds News™
Source: USA Today
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