Law & Policy

Last week in crypto regulation (March 3 – 9):

1/ Trump backed stablecoin legislation and signed an order creating a Bitcoin reserve from confiscated crypto assets.

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Head of web3&crypto practice at Buzko Krasnov law firm

2/ SEC ended investigations into Kraken and Yuga Labs, filing no charges.
https://blog.kraken.com/news/sec-lawsuit-dismissal
https://x.com/yugalabs/status/1896687377915187538?

3/ White House supported repealing the controversial IRS DeFi broker rule.
https://x.com/davidsacks47/status/1896941181566894133?

4/ Tether froze $28M in USDT from Russian crypto exchange Garantex.

4/ Tether froze $28M in USDT from Russian crypto exchange Garantex.
https://t.me/Garantex_Announcements/342

5/ Texas Senate approved the creation of a strategic Bitcoin reserve (SB-21).
https://legiscan.com/TX/bill/SB21/2025

6/ Binance to halt trading of non-MiCA compliant stablecoins in Europe from March 31, 2025.

6/ Binance to halt trading of non-MiCA compliant stablecoins in Europe from March 31, 2025.
https://www.binance.com/en/support/announcement/detail/bcaa1f68d6a6450099056ff694ad6c46

7/ Elizabeth Warren requested David Sacks disclose his crypto holdings.

7/ Elizabeth Warren requested David Sacks disclose his crypto holdings.
https://www.banking.senate.gov/imo/media/doc/letter_to_david_sacks.pdf

1/ Trump backed stablecoin legislation and signed an order creating a Bitcoin reserve from confiscated crypto assets.
https://www.youtube.com/live/8aOeAMtKjY0?si=_RvVKymDARwlR2qT
https://twitter.com/davidsacks47/status/1897802280738734236