Business

March, 2025

• 13 March

  India Nabs Garantex Founder Aleksej Bešciokov, U.S. Extradition Looms

  

  Indian authorities have arrested Aleksej Bešciokov, the founder of Garantex, a cryptocurrency exchange accused of facilitating illicit financial transactions. The arrest, carried out in coordination with international law enforcement agencies, is expected to lead to Bešciokov’s extradition to the United States, where he faces serious charges related to money laundering and financial crimes. The Arrest and International Cooperation Bešciokov was …
• 13 March

  Singapore & Vietnam Join Forces for Digital Asset Regulation

  

  Singapore and Vietnam have taken a significant step toward strengthening regulatory oversight in the digital asset space. The two nations have agreed to cooperate on digital asset regulations, aiming to foster innovation while ensuring investor protection and financial stability. A Strategic Partnership for Digital Finance As digital assets continue to gain traction globally, regulatory clarity has become a key focus …
• 13 March

  Bitcoin Under Fire: Miner Sell-Offs Trigger Increased Selling Pressure

  

  Bitcoin is facing heightened selling pressure as miners offload significant portions of their holdings, according to recent data from CryptoQuant. This surge in miner sell-offs is contributing to downward price movements, sparking concerns about the short-term trajectory of the world’s leading cryptocurrency. Miners Increase BTC Liquidations Miners play a crucial role in the Bitcoin ecosystem, and their selling patterns can …
• 12 March

  Bitwise Unveils OWNB: The Bitcoin Standard ETF for Corporate Giants

  

  Bitwise Asset Management, a leading name in the crypto investment space, has launched the Bitwise Bitcoin Standard Corporations ETF (NYSE: OWNB), a first-of-its-kind fund designed to track companies that hold substantial Bitcoin reserves. This move aims to provide investors with exposure to businesses that have embraced Bitcoin as a strategic asset on their balance sheets. Bridging Traditional Finance and Bitcoin …
• 12 March

  Senator Cynthia Lummis Revives The BITCOIN Act: Paving the Way for Crypto Legislation

  

    Senator Cynthia Lummis, one of the most vocal advocates for cryptocurrency in Congress, has reintroduced The BITCOIN Act, a legislative proposal aimed at clarifying the role of Bitcoin in the U.S. financial system. The bill seeks to provide a clear regulatory framework for Bitcoin adoption, enhance financial innovation, and ensure the U.S. remains at the forefront of the digital …
• 12 March

  Cardano on the Brink? Key Support Level Could Trigger a 50% Drop!

  

  Cardano (ADA) is facing a critical moment as bearish pressure mounts, putting its price at risk of a significant drop. With market volatility on the rise and key technical levels being tested, traders and investors are closely watching whether ADA can hold firm or if a breakdown could lead to a 50% crash. Cardano’s Struggle: Breaking Down the Charts ADA …
• 12 March

  South Korean Official Accused of Stealing Flood Relief Funds for Crypto Gamble

  

  A South Korean civil servant is under investigation for allegedly embezzling government flood relief funds and using the stolen money to invest in cryptocurrency. The shocking case has sparked public outrage, raising concerns about financial oversight and corruption within government agencies. The Allegations According to local reports, the unnamed official, who worked in a regional government office, was responsible for …
• 12 March

  NFT Firm Takes LVMH to Court Over Patent Infringement in Digital Fashion Clash

  

  The battle between traditional luxury and digital innovation has taken a legal turn as an NFT company has filed a lawsuit against LVMH (Louis Vuitton Moët Hennessy), accusing the global fashion giant of patent infringement in the digital collectibles space. The case highlights the growing intersection between blockchain technology and high fashion, raising questions about intellectual property rights in the …
• 12 March

  Rep. Nick Begich Joins Crypto Push with Companion Bill to Sen. Lummis’ BITCOIN Act

  

  In a significant move for cryptocurrency regulation, Rep. Nick Begich (R-AK) has introduced companion legislation to Sen. Cynthia Lummis’ BITCOIN Act, reinforcing efforts to establish a clear legal framework for Bitcoin in the United States. This coordinated legislative push signals a growing recognition of Bitcoin’s role in the financial system and the need for regulatory clarity. What is the BITCOIN …
• 12 March

  Japan’s Metaplanet Buys the Dip, Snaps Up 162 BTC in $13.5M Crypto Bet

  

  In a bold move amid market volatility, Japan-based investment firm Metaplanet has purchased 162 Bitcoin (BTC) worth $13.5 million, doubling down on its strategic shift toward Bitcoin as a reserve asset. The acquisition comes as Bitcoin experiences a price dip, presenting an attractive opportunity for institutional buyers looking to strengthen their crypto holdings. Metaplanet’s Growing Bitcoin Strategy Metaplanet, often compared …