The UK government has unveiled new regulations targeting cryptoassets such as Bitcoin and Ethereum to enhance investor protection and curb misuse. These rules will bring crypto exchanges and dealers under formal regulatory oversight, marking a significant step forward in the crypto landscape.
Bitcoin climbed to $105,000 after President Trump's executive order promoting cryptocurrency regulations and banning CBDCs. The U.S. move signals growing mainstream acceptance of digital assets, with major cryptocurrencies gaining traction and banks preparing for crypto payments.
Bitcoin has shattered records, trading above $109,400, spurring remarkable gains in the crypto market. As Bitcoin surges, support from legislative advancements shines a light on the industry's growing influence in politics. President Trump's role further complicates the narrative around cryptocurrency regulation.
On March 7, 2025, President Donald Trump signed an executive order to create a strategic Bitcoin reserve and set up a task force to regulate digital assets. This order bans Central Bank Digital Currencies (CBDCs) while other cryptocurrencies like Ethereum, Solana, and XRP see gains, pushing the total crypto market cap to $3.61 trillion.
In a groundbreaking move, U.S. President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This initiative aims to solidify the U.S.'s position as a global crypto hub by managing forfeited digital assets strategically.