Crypto News Today : March 1st | Airdrop Alert Pro

U.S. House Democrats introduced the Meme Act to promote adults, including Trump’s memorials, as government officials. Rep. Sam Liccardo, California, criticized President Trump for promoting the coin, which allegedly caused $2 billion in losses to 800,000 Americans. The move comes after previous efforts to limit officials from benefiting from the coin. Meanwhile, the value of Trump’s memorials and others has dropped significantly.

Ukrainian lawmakers are still debating crypto tax rates as efforts to legalize digital assets this year. While some officials predict the bill will be passed soon, expert Taras Kozak said legalization of cryptocurrencies could be delayed until next year, with tax rates likely to begin in 2026. Ukrainians tax cryptocurrency income at 5%-10%, but the final tax rate is still under discussion. Before full implementation, the country’s crypto law awaits amendments to the tax law.

The Central Bureau of Investigation (CBI) seized cryptocurrency worth INR 23.94 crore (USD 2.75 million) and the main evidence after a nationwide attack on the Gainbitcoin scam across India. The operation took place from 25 to 26 February 2025 and spanned more than 60 locations, including major cities such as Delhi, Mumbai and Bangalore. GainBitcoin is a Ponzi scheme that collapsed in 2017, leading to fraud involving fake cryptocurrencies. An investigation is underway.

The Senate Banking Committee will review Senator Hagerty’s Stablecoin Act, the Genius Act, within a week on March 10. The bill, proposed on February 4, 2025, restricts the issuance of Stablecoin to certain entities, including subsidiaries of insured inventory institutions. It supports all 1:1 with USD or high-quality liquid assets and prohibits the algorithm from stable and stable. The bill also requires federal oversight of issuers with a market capitalization of more than $10 billion.

Ethereum (ETH) fell 2% on Friday as long-term holders (LTHS) and whales joined smaller retail investors for sales. More than 500k of ETH have been deposited in exchange since February 21, indicating an increase in sales activity. Over the past four days, whales holding 10k-100k ETH sold 620,000 ETH, pushing ETH to the $2,000 level. The Ethereum Foundation has also launched the Afforestation Society to attract more community voices.

The SEC recently removed multiple cases against major crypto platforms such as Coinbase, Binance and Consensys, indicating that the industry’s environment is more favorable under Acting Chairman Mark Uyeda. While some analysts see it as a win, others warn that the lack of clear rules can still lead to future risks. The SEC focuses on policy making, rather than using law enforcement as regulations. Congressional debate on stabilizing proteins and market structure continues.

A U.S. federal judge dismissed the SEC’s lawsuit against Richard Heart, founder of Hex, Pulsechain and Pulsex, ruling that the agency lacks jurisdiction. Judge Carol Bagley Amon said Heart’s online communications were “unrestricted, globally available information” and not targeted at U.S. investors. The court ruled that the SEC failed to prove its intention to interact with the U.S. market. The SEC may appeal or amend the ruling within 20 days.

Robert Kiyosaki criticized the U.S. banking system, especially the Federal Reserve, calling them “bankists” who rescued failed institutions rather than faced consequences. He warned that the current financial system, including the dollar, is a scam and is expected to collapse. Kiyosaki advises people to protect themselves by investing in real gold, silver and Bitcoin to warn of ETFs associated with these assets.

Since Trump resumed his post, U.S. President Donald Trump’s meeting with Ukrainian President Vodimir Zelensky has quickly escalated into a heated debate. Discussions were initially confrontational when Vice President JD Vance criticized Ukraine’s handling of the war, leading to sharp exchanges. Trump later said that Zelensky was not ready for peace, and Zelensky refused to apologize, despite the ranks, expressed hope for the repair of the U.S.-Ukrainian relations.

Ishan Bhaidani, a crypto trader and marketing director, predicted the FTX crash, and he shared his thoughts on ongoing creditor repayments. Given the complexity of the transnational nature of FTX and jurisdiction issues, Bhaidani’s first round of reimbursement began on February 18, 2025, and Bhaidani believes the timeline for the two years is a “victory.” He also commented on the success of those who purchased claims from FTX creditors and pointed out that those who bought crypto assets at low prices have a huge benefit.

President Trump will speak at the first White House Cryptocurrency Summit held on March 7. The summit will be made up of renowned founders, CEOs and investors in the cryptocurrency industry as well as members of the President’s Digital Assets Working Group and members of the President’s Digital Assets Working Group. The event will be hosted by White House AI and cryptocurrency Tsar David Sacks and will be managed by task force executive director Bo Hines.