Major News Headlines for Today

1. White House Crypto Council Director "Stablecoin Bill Likely Within Months"
Bo Hines, executive director of the cryptocurrency committee, announced that the U.S. stablecoin regulation plan will be finalized within months in line with the government's intention to strengthen the U.S. dollar's dominance. Hines said in a speech at the Digital Assets Summit in New York on Mar. 18 that the integrated stablecoin regulation could be delivered to the president within months.

2. Reuters "A Number of Crypto Companies Seeking to Acquire Banking Licenses"
Reuters reported on Mar. 18 that a number of cryptocurrency fintech companies under the Trump administration have started to obtain banking licenses through interviews with six industry officials. Reuters reported that the current administration has created an environment where it is easy for cryptocurrency companies to obtain licenses, and that the companies are challenging to obtain banking licenses for the main purpose of obtaining public trust.

3. Nasdaq Asks SEC To List Polkadot Spot ETF
Nasdaq has requested permission from the U.S. Securities and Exchange Commission to list the Spot Exchange Fund(ETF). Nasdaq submitted a request for review of ETFs that follow the spot price of Polka Dot to the SEC on Mar. 18.

4. Bernstein "Coinbase Shares Will Rise 64% in Trump Administration"
U.S. investment company Bernstein predicted that Coinbase's stock price would rise to $310 in accordance with the Trump administration's cryptocurrency advocacy policy. Bernstein pointed out in a report published on Mar. 18 that Coinbase's stock price could rise by about 64% from the current $188 by pointing to the U.S. government's adoption of cryptocurrency following the Trump administration's launch and the Chinese government's increasingly clear cryptocurrency regulations.

5. Metaplanet Buying 150 More Bitcoin..."Total holdings of about 3,200"
Metaplanet, a Japanese bitcoin(BTC) broker, has recorded about 3,200 total holdings of Bitcoin that have made additional purchases of Bitcoin. According to a document released by Metaplanet on Mar. 18, MetaPlanet invested about $12.53 million to purchase about 150 additional Bitcoin at an average purchase price of about $83,706.

권승원 기자 ksw@blockstreet.co.kr