U.S. Republican Representatives hosted a “Crypto Power Lunch” to discuss digital asset policies ahead of the White House crypto summit in 2025. Key political figures and industry leaders from organizations like Coinbase and Andreessen Horowitz attended, aiming to balance regulation with innovation in the growing crypto sector.The event reflects bipartisan interest in shaping clearer regulations that protect consumers while fostering industry growth, potentially paving the way for future legislation. The upcoming White House summit on March 7 is anticipated to be a pivotal moment for cryptocurrency regulation.
about Crypto Power Lunch Highlights Bipartisan Efforts for Digital Asset Regulation
COIN
White House Hosts Inaugural Crypto Summit with Industry Leaders and Officials
President Trump will host the White House’s inaugural crypto summit on Friday, gathering key figures from the cryptocurrency sector and government officials to discuss a strategic bitcoin reserve and regulatory frameworks for digital assets. The summit aims to promote innovation and economic liberty, with notable attendees including leaders from Ripple, MicroStrategy, and Ethereum. Trump has emphasized his commitment to making the U.S. the “Crypto Capital of the World” and plans to unveil a U.S. Crypto Reserve that may include various digital tokens alongside bitcoin and ether.
about White House Hosts Inaugural Crypto Summit with Industry Leaders and OfficialsCrypto Executives Gather at Trump’s First White House Summit
Executives from major crypto companies, including Coinbase, Chainlink, and Exodus, are set to attend President Trump’s inaugural White House crypto summit. Notable attendees include Coinbase CEO Brian Armstrong and Robinhood CEO Vlad Tenev, with the event also featuring significant donors. The summit’s agenda remains unclear, but it follows recent developments involving the SEC’s closure of investigations into Robinhood Crypto and Coinbase, both of which made substantial donations to Trump’s inaugural committee.
about Crypto Executives Gather at Trump's First White House SummitTrump’s Meme Coin Drops 25 Percent Amid Crypto Market Sell-Off
Trump’s official meme coin, TRUMP, has plummeted 25% to $12.19 amid a broader crypto market sell-off triggered by new trade tariffs set to take effect. The overall crypto market has dropped 11%, with Bitcoin falling 10% to $85,337, as investor sentiment weakens due to inflation concerns and escalating trade tensions. Major cryptocurrencies like Solana and XRP also experienced significant losses, reflecting the market’s retreat.
about Trump's Meme Coin Drops 25 Percent Amid Crypto Market Sell-OffSEC Drops Legal Actions Against Gemini and Consensys in Crypto Regulation Shift
The SEC has decided not to pursue legal action against Gemini and ConsenSys, signaling a shift in crypto regulation under new leadership. After a 700-day investigation, Gemini’s case has been closed, while ConsenSys celebrated the dismissal of a securities enforcement case regarding MetaMask. Cameron Winklevoss criticized the SEC’s past actions, suggesting radical reforms to prevent agency overreach, including reimbursement for legal costs and public accountability for regulators involved in the crackdown on the crypto industry.
about SEC Drops Legal Actions Against Gemini and Consensys in Crypto Regulation ShiftSEC Closes Investigation Against Gemini Amid Shift in Regulatory Approach
The SEC has concluded its investigation into Gemini, marking the end of a 699-day inquiry without pursuing enforcement action. Co-founder Cameron Winklevoss criticized the agency’s previous conduct, highlighting the significant financial impact on the crypto exchange and calling for thoughtful legislation to prevent future overreach.In related news, the MyShell token surged over 34% to a new all-time high of $0.68 following Binance’s announcement of its upcoming listing and airdrop, with daily trading volume spiking by 209% to exceed $140 million.
about SEC Closes Investigation Against Gemini Amid Shift in Regulatory ApproachFormer Congressman McHenry Joins a16z as Senior Adviser for Crypto Advocacy
Former Congressman Patrick McHenry has joined venture capital firm a16z as a senior adviser, advocating for a more equitable environment for startups and emerging companies. A prominent supporter of cryptocurrency, he co-sponsored the Financial Innovation and Technology for the 21st Century Act and pushed for stablecoin regulation. McHenry, who retired in January 2025, previously clashed with former SEC chairman Gary Gensler over the classification of Ether as a security.
about Former Congressman McHenry Joins a16z as Senior Adviser for Crypto AdvocacySuperchain Dominates Ethereum Layer 2 Transactions with Significant Growth Expected
Optimism’s Superchain currently dominates Ethereum’s layer-2 transactions, accounting for 60% and projected to reach 80% by year-end, with over $4 billion in total value locked and 11.5 million daily transactions. Major firms like Coinbase and Uniswap are part of this collective, enhancing Ethereum’s DeFi capabilities. As interoperability upgrades are anticipated, layer-2s are expected to further increase their share of stablecoins, which currently total $13.5 billion on these networks.
about Superchain Dominates Ethereum Layer 2 Transactions with Significant Growth ExpectedSEC Lawsuit Against Coinbase Dropped Signaling Shift in US Crypto Regulation
The SEC has dropped its lawsuit against Coinbase, signaling a potential shift in U.S. cryptocurrency regulation. This move, along with the conclusion of the SEC’s investigation into Robinhood’s crypto unit, suggests a broader regulatory change may be forthcoming, with experts predicting the agency could dismiss other ongoing cases against major exchanges like Binance and Kraken.Legislative developments are also anticipated, including a market structure bill aimed at easing regulations for crypto tokens and a stablecoin regulation bill expected soon. These changes could lead to increased price volatility in the crypto market but may ultimately attract institutional interest by clarifying the legal framework for banks.
about SEC Lawsuit Against Coinbase Dropped Signaling Shift in US Crypto RegulationBlockaid Secures 50 Million in Series B Funding for Onchain Security Solutions
Blockaid, an onchain security platform, has secured $50 million in Series B funding led by Ribbit Capital, with participation from GV, Variant, and Cyberstarts. The investment will enhance research, product development, and market strategies amid rising demand for security solutions in the crypto space.The platform, utilized by major players like Coinbase and Uniswap, focuses on end-user safety through wallet integrations and blockchain monitoring. With a total of $83 million raised, Blockaid has protected $101 billion in assets and prevented over $5.3 billion in potential losses.
about Blockaid Secures 50 Million in Series B Funding for Onchain Security SolutionsRegulatory Shift Signals New Era for Crypto and Traditional Finance Integration
The SEC is adopting a hands-off approach to memecoins, suggesting they may not fall under its jurisdiction, while the Federal Reserve allows banks to serve compliant crypto businesses, marking a shift from previous restrictions. This could lead to traditional banks entering the digital asset space, potentially disrupting smaller firms like Coinbase. Robinhood’s earnings surge, driven by digital assets, highlights the growing integration of crypto with traditional finance, raising concerns about regulatory oversight and consumer protection in this evolving landscape.
about Regulatory Shift Signals New Era for Crypto and Traditional Finance IntegrationCoinbase Partners with Aston Martin F1 Team to Promote Crypto Adoption
Coinbase has partnered with the Aston Martin Aramco Formula One team, becoming its exclusive crypto sponsor. The deal, valued in USDC stablecoin, will feature Coinbase branding on the team’s AMR25 car and drivers’ suits, signaling a commitment to innovation in digital finance.This partnership expands Coinbase’s efforts to promote crypto adoption across various sectors, including collaborations with Stripe and Borussia Dortmund. Additionally, Coinbase is in talks with major US banks like Citi and Goldman Sachs to explore crypto trading opportunities, while also navigating ongoing legal challenges with the SEC.
about Coinbase Partners with Aston Martin F1 Team to Promote Crypto Adoption