Crypto

The governance vote passed with 99.12% approval from 1,800 voters, with 76% of tokens coming from just 10 wallets.

Your look at what's coming in the week starting March 16.

Australia is moving closer to a new licensing regime that would bring crypto exchanges and tokenization platforms into the Australian Financial Services Licence regime. Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment (Digital Assets Framework) Bill 2025 be passed.  The move on March 16 brings Australia a step closer to a bespoke licensing framework for “digital asset platforms” (DAPs) and “tokenised custody platforms” (TCPs), aimed at closing gaps in oversight of platforms that hold customer assets following the collapses of high‑profile digital asset businesses, such as FTX. The bill, first introduced by Assistant Treasurer and Financial Services Minister Daniel Mulino in November 2025, would treat DAPs and TCPs as financial products under the Corporations Act and Australian Securities and Investments Commission (ASIC...

The updates were introduced on Pi Day 2026 - March 14.

Bitcoin's volatility is picking up on the back of considerable institutional inflows over the past week, mostly led by BlackRock.

Another analyst indicated that there are "almost no short positions on XRP" at the moment.

Bitcoin Hits $73K: Decoupling From Gold Explained The post Why Is Crypto Up: BTC USD Decoupling From Gold Amid Heated Israel-Iran War appeared first on Cryptonews.

The latest gains came after Trump mulled sending troops to Kharg Island and urged NATO to help with the war against Iran.

Crypto trader Ran Neuner said Bitcoin could be at risk if AI continues to pull miners away from the network, but others disagree. A new debate has emerged over whether a continued shift by Bitcoin miners toward artificial intelligence could impact the network’s security and its role as a store of value. While some argue that miners leaving the network would leave it more susceptible to a “51% attack,” others argue it will simply trigger the Bitcoin network to rebalance itself as designed, making it enticing for miners again. “AI has killed Bitcoin forever,” crypto trader Ran Neuner said on Sunday, arguing that it has become Bitcoin mining’s biggest competitor because both industries compete for electricity. Read more

A huge week lies ahead on the US economic calendar with more inflation data and a Fed rate decision as markets continue to react to the war in the Middle East. 

The regulator filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record." The US Securities and Exchange Commission (SEC) has dropped a two-year-long case against the founder of the blockchain-based social media platform BitClout, Nader Al-Naji.  In the joint dismissal stipulation filed in the US District Court for the Southern District of New York on Thursday, the SEC cited the crypto task force, which was tasked with developing a regulatory framework for crypto in January 2025, and a “reassessment of the evidentiary record” as the basis for dismissal. The regulator cautioned that this case outcome doesn’t necessarily mean other similar enforcement actions will receive the same treatment.  “The Commission’s decision to exercise its discretion and seek dismissal of this litigation is based on the particular facts and circumstances of this case and does not necessarily reflect the Commission’s position on any other case,” it said. Read more

The Senate Economics Legislation Committee said the proposed legislation will modernize digital assets regulatory framework.

Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.

Australia’s securities regulator said two-thirds of Gen Z are using social media to make decisions about their financial future, leading to “riskier” financial decisions.  Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in four “Gen Zs” invest in crypto. The Australian Securities and Investments Commission (ASIC) posted the results of a survey on Sunday, finding that Gen Z has high levels of trust in “often unreliable sources,” which has contributed to riskier financial decisions. “Moneysmart’s Gen Z study found that while Gen Z has a strong appetite for reputable and trustworthy financial content, many struggle to find it – and their search often leads them to sources designed for engagement rather than accuracy,” ASIC said.  Read more

The proposal would bring crypto platforms and custodians under Australia’s financial-services law, requiring operators that hold client tokens to obtain licences and meet new asset-safeguarding standards.

WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal. World Liberty Financial (WLFI) holders who want a chance to steer the protocol’s future will now need to lock up their tokens for nearly six months under a newly passed proposal.  The proposal from the Trump family-backed crypto venture closed on Friday with 99.12% of 1,800 votes cast in favor, according to the snapshot governance vote. Over 76% of the tokens came from ten users.  WLFI said the proposal was to ensure only those with “long-term alignment to the protocol” can make decisions on the protocol. Read more

The filings come as the company faces a lawsuit alleging it commingled client crypto assets and refused to return client funds.

Prediction markets tracking Senate control have swung sharply in recent weeks as traders reassess political risk amid escalating tensions in Iran.

In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE. Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week.  “We are soon deploying a new feature, Aave Shield, which provides more protections for users who use the swap feature in the Aave interface aave.com,” Aave said in a post-mortem statement on Saturday. Aave said users would need to manually disable the Aave Shield protection feature to proceed with high-risk trades. Read more

Markets steadied after a volatile weekend, even as oil rose, as traders weighed U.S. strikes on Iranian targets.