Office of the Comptroller of the Currency and SEC Chairman Nominee Paul Atkins to Attend Senate Hearing
SEC Chairman nominee Paul Atkins, nominated by US President Trump, will appear at his Senate Banking Committee confirmation hearing on March 27. Office of the Comptroller of the Currency (OCC) nominee Jonathan Gould and Deputy Treasury Secretary nominee Luke Pettit will also appear at the same hearing.
Governor of the Central Bank of Russia: We See Cryptocurrencies as a Volatility Tool
Elvira Nabiullina, Governor of the Central Bank of Russia, stated that cryptocurrencies are a volatile investment instrument and should be treated with caution in terms of financial stability.
Grayscale Transferred 664.15 BTC
According to on-chain data, Grayscale Bitcoin Trust (bc1q5…) transferred a total of 664.15 BTC to two different addresses. The market capitalization of the transferred BTCs at the time was calculated to be approximately USD 55,536 million.
South Korea to Block Non-Compliant Crypto Exchanges
South Korean authorities are considering blocking crypto exchanges that fail to comply with requirements set by the country’s financial regulator. Authorities plan to take drastic measures to increase compliance with regulations.
Japan’s Core Inflation Beats Expectations, Could Impact Crypto Market
Japan’s core inflation rose by 3% yoy in February, above the market expectations of 2.9%. The overall CPI, on the other hand, fell to 3.7% from 4%. This could increase expectations of an interest rate hike by the Bank of Japan (BOJ), leading to volatility in the crypto market.
USDC Treasury Destroys Another 50 Million USDC on the Ethereum Chain
According to Whale Alert data, 50 million USDC (about $50.01 million) on the Ethereum chain was removed from circulation by the USDC Treasury.
by Darkex Research – 3 min read