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According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has announced that its cryptocurrency working group will conduct a series of roundtable meetings to address key areas of cryptocurrency regulation. The first of these meetings is scheduled to take place on March 21 from 1 p.m. to 5 p.m. local time.

According to PANews, the Pakistani government has formed the Pakistan Cryptocurrency Committee (PCC) to oversee the integration and use of blockchain technology and digital assets in the country's financial sector. The PCC's agenda includes developing clear regulatory guidelines for cryptocurrency adoption, collaborating with international cryptocurrency and blockchain organizations, and promoting responsible innovation. The committee will also focus on consumer protection and financial security through a robust legal and compliance framework. Finance Minister Muhammad Aurangzeb will chair the committee, leading a diverse group that includes senior officials from major financial and regulatory institutions. The leadership team comprises the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Ministers of Law and Information Technology, aiming to ensure a comprehensive approach to regulatory oversight, financial stability, and technological advancement. Pakistan is currently one of the countries with the highest cryptocurrency adoption rates, with an estimated 20 million active cryptocurrency users and transactions exceeding $20 billion.

Key Takeaways:Gold surpasses $3,000 for the first time as investors seek safe-haven assets amid Trump’s escalating trade war.The Federal Reserve, Bank of Japan, Bank of England, Swiss National Bank, and Swedish Central Bank will announce key interest rate decisions next week.Analysts suggest Trump’s economic pressure tactics could force the Fed to cut rates sooner than expected.Global Markets Prepare for Super Central Bank WeekNext week, global financial markets face one of the most critical weeks of the year, as major central banks—including the Federal Reserve (FOMC), Bank of Japan (BOJ), Bank of England (BOE), Swiss National Bank (SNB), and the Swedish Central Bank (Riksbank)—are set to announce their latest monetary policy decisions.Key Economic Events to Watch:Monday: U.S. February retail sales report and March New York Fed Manufacturing Index.Thursday: Federal Reserve FOMC interest rate decision and economic outlook summary.Thursday: Fed Chair Jerome Powell holds a press conference to outline future monetary policy.Thursday: U.S. Initial Jobless Claims, Q4 Current Account Data, and Philadelphia Fed Manufacturing Index.Friday: New York Fed President John Williams delivers a speech on the U.S. economic outlook.Will Trump’s Policies Force a Fed Rate Cut?Market analysts warn that the Trump administration’s trade war and protectionist policies could artificially create economic panic—pressuring the Federal Reserve into cutting interest rates sooner than expected.Gold’s historic surge past $3,000 reflects increasing market uncertainty, with investors hedging against potential economic downturns.The Federal Reserve’s rate decision on Thursday will be closely watched as traders speculate whether the central bank will bow to economic pressures.Some analysts argue that Trump's aggressive economic stance—including tariffs on European and Asian imports—could further disrupt global markets, forcing a faster-than-expected policy shift from the Fed.Next week’s central bank announcements will provide critical insight into how policymakers respond to ongoing market volatility and rising global economic tensions.

According to PANews, the U.S. Senate Banking Committee has approved the GENIUS Act, a bill aimed at regulating stablecoin issuers. This legislation is designed to facilitate the use of stablecoins as a payment method beyond the cryptocurrency trading sector. However, the bill has raised concerns about the potential privatization of the U.S. dollar and an increased risk of de-dollarization. The GENIUS Act permits stablecoin issuers to operate without the same federal consumer financial protection measures that apply to credit card and peer-to-peer payment platforms. Additionally, it allows these issuers to invest in money market funds, repurchase agreements, and uninsured bank deposits. These assets have previously received bailouts during financial crises, which could indirectly impact the U.S. dollar. Data indicates that the proportion of the U.S. dollar in global foreign exchange reserves has decreased from over 70% at the beginning of the 21st century to below 60%.

According to BlockBeats, the Argentine National Securities Commission (CNV) has officially approved General Resolution No. 1058, establishing definitive regulatory guidelines for Virtual Asset Service Providers (VASPs). The new regulations encompass registration obligations, cybersecurity, asset custody, anti-money laundering measures, and risk disclosure, aiming to ensure transparency, stability, and user protection within the crypto ecosystem. Under the new rules, VASPs are required to separate company and client funds, conduct annual audits, and submit monthly reports to the CNV. Non-compliant or unregistered entities may face registration revocation or court-imposed blockages. Regarding compliance deadlines, individual service providers already registered must adjust by July 1, domestically registered companies by August 1, and foreign companies by September 1. CNV Chairman Roberto E. Silva stated, "Entities failing to comply on time will not be permitted to operate in Argentina."

According to Cointelegraph, the Department of Government Efficiency (DOGE) is proposing a significant reduction in the Internal Revenue Service’s (IRS) workforce, aiming for a 20% cut by May 15, 2025. This move could affect approximately 6,800 employees, adding to the 6,700 probationary employees already dismissed and 4,700 IRS agents who accepted severance packages for retirement.A recent ruling by U.S. district judge William Alsup may complicate these layoffs. The judge ordered federal agencies to reinstate probationary workers terminated due to DOGE's cost-cutting initiatives, potentially obstructing the planned workforce reduction unless the ruling is overturned.U.S. President Donald Trump has pledged comprehensive tax reform, including the possible elimination of federal income tax, proposing to fund the federal government solely through tariffs on foreign goods. This aligns with DOGE's broader strategy, led by businessman Elon Musk, to address the $36 trillion U.S. national debt by downsizing federal bureaucracy and implementing cost-saving measures.Among the innovative proposals is the idea of putting all public spending onchain to enhance transparency and reduce deficits. In line with these directives, the Securities and Exchange Commission (SEC) announced on February 21 that it would cut its regional office directors, although the offices themselves will remain operational. The SEC has submitted its 2025 budget proposal to Congress, requesting $2.6 billion.President Trump and Elon Musk have considered redistributing 20% of the savings from DOGE's initiatives to Americans through stimulus checks or potential tax credits. Research from Dancing Numbers, an accounting automation company, suggests that eliminating federal income tax could save the average American $134,809 over their lifetime, with potential savings reaching $325,561 per person if state-level wage-based taxes are also repealed.Despite these proposals, skepticism remains. U.S. Senator Elizabeth Warren has expressed strong criticism of Elon Musk, President Trump, and DOGE's strategies. In January 2025, she sent a letter to DOGE advocating for increased taxes and federal spending to enhance government efficiency. The debate continues as DOGE's cost-cutting measures face scrutiny and opposition from various political figures.

According to BlockBeats, U.S. Democratic Representative Gerald Connolly has called on the Treasury Department to cease the establishment of a strategic cryptocurrency reserve, accusing the Trump administration of conflicts of interest in the initiative. In a letter sent to the Treasury this Thursday, Connolly highlighted that U.S. President Donald Trump advanced the reserve plan without consulting Congress or seeking authorization. He warned that the move could benefit Trump and his allies at the expense of American taxpayers. Connolly demanded that the Treasury immediately halt all related plans and provide a detailed list of measures and safeguards implemented by the Trump administration to prevent conflicts of interest by March 27.He further pointed out Trump's involvement in several cryptocurrency projects, which he claims present clear conflicts of interest. Among these is the DeFi project World Liberty Financial (WLFI), which Trump supported last year. As of now, the Treasury Department has not responded to these allegations.

Key Takeaways:Benjamin Cowen draws parallels between Ethereum’s current trend and 2019 market conditions.Suggests ETH/BTC may not bottom until the Federal Reserve shifts its monetary policy.Historically, policy changes occurred a year before Bitcoin halvings, but the Fed’s tightening continues.Ethereum’s Struggles Echo 2019 Market ConditionsAccording to Odaily, Benjamin Cowen, founder of Into The Cryptoverse, sees similarities between Ethereum’s current price action and the 2019 cycle, suggesting that a major shift in U.S. monetary policy may be required before ETH can fully recover.2019 vs. 2025: Key SimilaritiesETH/BTC exchange rate decline: ETH struggled against BTC in 2019 as market liquidity tightened.Federal Reserve’s role: A shift in Fed policy was necessary for ETH to recover.Market difficulty in profiting: Traders struggled to make gains amid an unchanged monetary environment.In 2019, Ethereum dropped below key support levels as the Federal Reserve continued its quantitative tightening (QT) program. It wasn’t until the Fed reversed course that ETH rebounded significantly.

According to Odaily, the department led by Elon Musk has proposed a substantial reduction in the workforce of the United States Internal Revenue Service (IRS). The plan aims to cut nearly 20% of IRS employees by May 15, a month after the U.S. tax day. U.S. President Donald Trump has instructed federal agencies to submit plans for 'massive' layoffs by Thursday local time. Details of the IRS proposal have been shared in an email from the government efficiency department and will be discussed at a leadership meeting on Thursday morning. The latest round of layoffs is expected to affect approximately 6,800 employees, in addition to around 6,700 probationary employees who have already been dismissed and 4,700 employees who accepted voluntary buyouts under the Trump administration.

According to Odaily, analyst Karishma Vanjani highlights a growing interest in gold on Wall Street, urging investors to exercise caution. Major financial institutions like JPMorgan and Goldman Sachs recommend holding onto gold, while BNP Paribas has recently raised its gold price forecast. BlackRock has also been advocating for gold as a portfolio diversifier for several months. These strategies have proven effective so far, but they are not without risks.Firstly, gold has been in a bull market since September 2022, leading to concerns that it may be overvalued. This situation increases the likelihood of a price correction, as the current prices may already reflect the potential gains from this period. Early investors might be tempted to sell and secure profits, which could impact the market.Additionally, if the U.S. government's efforts to reform the federal system succeed, gold could face challenges. Economic growth typically has an inverse relationship with gold; when the economy thrives, investors often prefer riskier assets like stocks, reducing gold's appeal.

According to Odaily, market sources indicate that the U.S. Securities and Exchange Commission (SEC) is currently deliberating whether XRP should be classified as a commodity rather than a security. This discussion raises questions about whether XRP could be regulated similarly to Ethereum (ETH).

According to CoinDesk, a federal jury in the Northern District of California has convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering related to the sale of AML Bitcoin tokens. The charges are linked to an initial coin offering conducted by Andrade in 2017 and 2018. Court documents revealed that Andrade, a resident of Texas, misled investors by claiming that AML Bitcoin tokens would be converted into a tradeable cryptocurrency, which never materialized. This conviction concludes one of the earliest and most prolonged crypto "pump-and-dump" cases prosecuted by U.S. federal authorities.The U.S. Department of Justice identified Jack Abramoff, a well-known D.C. lobbyist, as a co-conspirator in the case. Abramoff pleaded guilty in 2020 and paid over $50,000 in disgorgement and interest. He is notably recognized for his role in a federal corruption scandal that led to his imprisonment and was portrayed in the film "Casino Jack." The Department of Justice's statement accused Andrade of misappropriating over $2 million from the sale of AML Bitcoin, using the funds for personal expenses, including purchasing two properties in Texas and two luxury vehicles.Additionally, Andrade falsely asserted that the Panama Canal Authority was nearing an agreement to allow AML Bitcoin for transactions involving ships passing through the canal, a claim that was unfounded. Acting United States Attorney Patrick D. Robbins emphasized the unlawful nature of raising funds through deceit, stating, "Fraudsters often tout new and innovative technology in order to raise money from investors. But raising money through lies and misrepresentations is neither new nor innovative. It's unlawful, plain and simple." Robbins warned that those who deceive investors for personal gain would be held accountable.Andrade is set to be sentenced in July. The Department of Justice's press release indicated that he faces a maximum sentence of 20 years in prison for wire fraud and 10 years for money laundering, along with the forfeiture of all property linked to his fraudulent activities, including the properties acquired in Texas.

According to BlockBeats, the U.S. Senate Banking Committee has voted 13-11 to advance the Financial Integrity and Regulation Management Act. This legislation aims to prohibit federal regulators from using 'reputation risk' as a factor in financial regulation assessments. Additionally, the committee has introduced several amendments to the bill, including the 'manager program,' which adjusts regulatory approaches to ensure that bank oversight is tailored to their risk profiles and business models.

According to Foresight News, Tokeny, a provider of financial institution blockchain operating systems, has recently sent a letter to the U.S. Securities and Exchange Commission's crypto working group, offering recommendations on digital securities regulation. The company outlined four main suggestions in its correspondence: Firstly, Tokeny advocates for the application of consistent rules to identical assets, regardless of their technological form, suggesting that regulatory approaches should not change based on the technology used. Secondly, the company calls for the recognition of tokens as legitimate proof of ownership, emphasizing their legal status. Thirdly, Tokeny advises against imposing additional custodial requirements on digital securities, aiming to streamline regulatory processes. Lastly, the company recommends allowing the use of blockchain as a settlement layer, ensuring that it does not hinder transaction discovery. These proposals are part of Tokeny's efforts to influence the regulatory landscape for digital securities, seeking to align technological advancements with existing legal frameworks.

According to BlockBeats, FOX Business journalist Eleanor Terrett announced on social media that the U.S. Senate Banking Committee is set to conduct its initial review of a stablecoin regulatory framework proposed by Republican Senator Bill Hagerty. The legislation aims to establish guidelines for the oversight and management of stablecoins within the financial sector.

According to Cointelegraph, Turkey is moving forward with its cryptocurrency regulations by introducing new rules for crypto asset service providers (CASPs). On March 13, the Capital Markets Board (CMB) of Türkiye released two regulatory documents outlining the licensing and operational guidelines for CASPs, which include crypto exchanges, custodians, and wallet service providers. The newly established framework grants the CMB comprehensive oversight over crypto platforms, ensuring they comply with both national and international standards. It sets forth specific criteria and requirements for the establishment and operation of crypto asset services in Turkey, covering aspects such as establishment capital, executive history, shareholder regulations, and more. Under this framework, CASPs will be required to invest in compliance infrastructure, which may pose challenges as they adapt to the new regulatory environment. Additionally, CASPs must adhere to stringent reporting requirements, providing the CMB with timely and accurate information regarding their operations. The regulatory documents indicate that Turkey's new crypto regulations are aligned with global standards, following the regulatory approaches established by Europe's Markets in Crypto-Assets Regulation (MiCA) and the U.S. Securities and Exchange Commission. The regulations also aim to enforce stricter trading requirements for Turkish investors, introduce potential restrictions on stablecoins, and address the decentralized finance (DeFi) market within Turkey. This is an evolving situation, and further updates will be provided as more information becomes available.

According to PANews, the Dutch Authority for the Financial Markets (AFM) has imposed a €1.6 million fine on the online cryptocurrency and stock trading platform BUX. The penalty was issued due to BUX's use of financial influencers and referral programs to attract new customers, which violated industry regulations.

According to PANews, Nebraska Governor Jim Pillen signed the LB609 bill on March 12, 2025. This legislation aims to regulate Bitcoin ATMs and other electronic transaction terminals to prevent fraud and ensure the safety of users' funds. The bill is part of the Controllable Electronic Record Fraud Prevention Act. It mandates that Bitcoin ATM operators clearly disclose all transaction terms to users and provide explicit fraud prevention warnings. Additionally, if users report fraud within 90 days, operators are required to issue a full refund.

According to BlockBeats, TS Lombard's Chief U.S. Economist Steven Blitz stated on March 13 that recent inflation data does not signal a need for the Federal Reserve to cut interest rates. Although the Consumer Price Index (CPI) decreased from 3% to 2.8% in February, Blitz noted that anomalies within the data cast doubt on any attempts to interpret this as a trend.Blitz highlighted that the annual growth rate of goods prices, excluding food and energy, adjusted for seasonality, was 2.7% in February, an improvement from January's 3.5%, yet still unstable. He remarked that this category is where the impact of tariffs is most evident in the first round. Ultimately, as employment rates continue to rise, inflation is expected to follow suit.