This week in the crypto world saw significant events, including Donald Trump's decree on Bitcoin, a summit of industry leaders at the White House, and changes in the Ethereum network.
Trump's Decree and Bitcoin
Donald Trump signed an order transforming Bitcoin into a U.S. strategic asset. Consequently, 198,109 BTC ($17 billion) will be kept in reserve. This is a crucial step in changing U.S. crypto policy, while no additional purchases are planned to avoid tax pressure on citizens.
Crypto Summit at the White House
On March 7, 2025, Donald Trump held a summit with crypto industry representatives, including Brian Armstrong (Coinbase) and Vlad Tenev (Robinhood). The goal was to discuss creating a crypto reserve and establishing a clear regulatory framework. The focus was on having no tax cost to the public.
Ethereum Changes and Binance Initiatives
The Ethereum network deployed a 'shadow fork' to prevent delays in the Pectra update, allowing for testing of new features. However, it raises questions about compatibility with the existing DeFi ecosystem. Additionally, Binance introduced 'Vote to List/Delist', enabling users to vote on adding or removing cryptocurrencies on the platform.
The week's events demonstrate the dynamic development of the crypto sector, from regulatory measures in the U.S. to technical advancements in Ethereum and Binance's innovative policies.