ChainCatcher news, according to Cryptoslate, Bo Hines, the executive director of the U.S. President's Working Group on Digital Assets, stated that the U.S. stablecoin regulatory bill could be submitted to President Donald Trump within two months. In a speech at the Blockworks Digital Assets Summit, Hines mentioned that the market has not fully understood how stablecoin legislation could benefit the U.S. economy and the dollar's dominance. Furthermore, he believes that regulating stablecoins could change the historical trajectory of financial markets.On March 13, the Senate Banking Committee passed the stablecoin regulatory bill, the "GENIUS Act," with a vote of 18 in favor and 6 against. The bill has garnered bipartisan support and now paves the way for a full Senate vote. The bill proposes guidelines for the issuance and regulation of U.S. stablecoins, such as requiring these tokens to be backed 1:1 by U.S. dollars, insured bank deposits, or short-term Treasury bills.

ChainCatcher news, according to official news, the U.S. Securities and Exchange Commission (SEC) announced that the SEC cryptocurrency working group will hold a series of roundtable meetings to discuss key areas of cryptocurrency asset regulation. The first roundtable meeting will be held on March 21 from 1 PM to 5 PM local time.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group has announced the members and list of its first industry roundtable. The theme of the meeting is "How We Got Here and How to Move Forward - Defining Securities Status," and it will be held on March 21 from 1 PM to 5 PM at the SEC headquarters in Washington, D.C.The meeting will be hosted by Troy Parades, founder of Paredes Strategies LLC, and will feature discussions with twelve lawyers and scholars, including: Collins Belton, managing partner of Brookwood P.C., S.H. Brennan, legal director of Delphi Ventures, Chris Brummer, fintech professor at Georgetown University Law Center, NY Crypto Lawyer, co-chair of CahillNXT, Coy Garrison, partner at Steptoe, Teresa Goody, partner at BakerHostetler, and Miles Jennings, legal director at a16z crypto, among others.

ChainCatcher News, the U.S. SEC meeting memo shows that the U.S. Securities and Exchange Commission's cryptocurrency working group held a meeting with representatives from WisdomTree and its affiliates on March 5 to discuss issues related to the regulation of crypto assets.The agenda included operational aspects of tokenized funds, physical trading of digital asset exchange-traded products, and net capital rules for broker-dealers in crypto assets.Participants from WisdomTree included Chief Legal Officer and Head of Digital Asset Business and Legal Affairs Ryan Louvar, as well as Jason Mulvihill, Founder and President of Capitol Asset Strategies, and Chris Hayes, Managing Partner. The meeting aimed to explore ways to address issues related to the regulation of crypto assets.

According to ChainCatcher, The Block reported that the newly established cryptocurrency special working group of the U.S. Securities and Exchange Commission (SEC) will hold its first roundtable meeting later this month as part of a series of meetings.In a statement on Monday, the SEC announced that the meeting titled "Our Past and Future - Defining the Status of Securities" will take place on March 21 at the agency's headquarters in Washington, D.C. This roundtable is part of the "Spring Sprint for Clarity in Cryptocurrency" series of meetings.Hester Peirce, a Republican commissioner leading the cryptocurrency special working group, stated in the announcement, "I look forward to leveraging the expertise of the public to develop a workable regulatory framework for cryptocurrency." Peirce indicated that she plans to prioritize classifying some tokens as "non-securities."

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) announced today the list of members for its cryptocurrency working group, which will provide recommendations to the Commission on cryptocurrency-related matters.The working group is composed of members from the Office of the Acting Chair and other divisions of the Commission. SEC Commissioner Hester Peirce stated, "The cryptocurrency working group demonstrates deep expertise and a strong commitment to finding workable solutions to complex cryptocurrency regulatory issues with the help of other excellent staff at the Commission and the public."

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform revealing that two insiders said the U.S. SEC's cryptocurrency working group will hold a series of roundtable meetings with industry participants, themed "Spring Sprint Towards Crypto Clarity."The first session is scheduled for March 21, to be held at the SEC office in Washington, D.C., and the topic of the first meeting may be "Defining the Status of Security."

ChainCatcher news, the IEEE P3220.02 working group meeting led by the decentralized data infrastructure CESS Network was successfully held. During this meeting, the working group completed the final confirmation of the privacy policy, ensuring compliance in the standards and standard-setting process. The working group further advanced the framework for decentralized data solutions, focusing on how to achieve scalable and secure data management, laying a solid foundation for the standardization of decentralized storage.It is reported that IEEE P3220.02, proposed and led by CESS, is the first industry standard for decentralized storage protocols, which will promote the normalization and application of decentralized storage technology globally. The working group members include experts and corporate representatives from major industries such as State Grid, Southern Power Grid, Shutu, China Aviation Information, Inspur, Qulian, and Hong Kong Polytechnic University, IoTeX, among others. CESS co-founder Joseph Li serves as the chair of this working group.

ChainCatcher news, according to Decrypt, Strategy (formerly MicroStrategy) CEO Michael Saylor met with the U.S. Securities and Exchange Commission (SEC) crypto working group on February 25 to propose suggestions for U.S. crypto regulatory reform. Saylor proposed limiting the cost of token issuance to 1% of assets under management and the cost of maintaining asset listings to 10 basis points per year.

ChainCatcher News, Market News: The United States has stated that the U.S. and Russia have agreed to appoint a working group to end the conflict in Ukraine.

ChainCatcher news, according to CoinDesk, investment bank Bernstein has released a research report indicating that the U.S. cryptocurrency working group will focus on advancing the establishment of a national Bitcoin reserve. Analyst Gautam Chhugani's team believes that this initiative could trigger a global competition among sovereign nations to incorporate Bitcoin into their reserve assets.The report explores the key issues facing the establishment of the reserve: first is the determination of the purchasing entity, which would require legislative approval if executed by the Federal Reserve; second is the source of funding, which could be addressed through issuing bonds or selling part of the gold reserves. The report also mentions that the U.S. government could include approximately $20 billion worth of Bitcoin previously seized from criminal activities into the national reserve.It is noteworthy that the Trump administration had previously announced the establishment of a sovereign wealth fund (SWF), which would consider significant U.S. cryptocurrency companies as strategic investment targets. Bernstein advises investors to prepare for a new bull market in Bitcoin and related stocks.

ChainCatcher News, the U.S. SEC has requested to extend the deadline for responses to the appeal against Coinbase from February 14 to March 14, with February 14 being the agency's original response deadline. The legal dispute between Coinbase and the SEC centers on "whether digital assets should be classified as securities or whether they represent a new type of financial instrument."In the latest court filings, the SEC stated that the work of the cryptocurrency working group may impact and facilitate the resolution of potential district court litigation and potential appellate review, thereby saving judicial resources. This newly established working group is organized by SEC Acting Chair Mark Uyeda and led by Commissioner Hester Peirce.

ChainCatcher news, Fox Business reporter Eleanor Terrett revealed that the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group is documenting all its meetings with industry participants.So far, the working group has met with the Blockchain Association, Jito Labs, Multicoin Capital, Nasdaq, and Colin Lloyd, a partner in the Commodity Futures Derivatives and Capital Markets team at Sullivan & Cromwell.The discussions mainly focused on regulatory issues and how new institutional proposals will impact specific markets and products.

ChainCatcher news, the New York State Senate has introduced Bill S4728, which aims to establish a New York State Cryptocurrency and Blockchain Research Working Group. The bill was initiated by Democratic Senator James Sanders Jr. and is currently under review by the Senate Banking Committee.The working group will be responsible for studying the impact of the widespread application of digital currency systems such as cryptocurrency and blockchain in New York State, and will provide relevant reports to the governor and the legislature.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, Binance and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion with the court to request a 60-day pause in the lawsuit. This is the first cryptocurrency-related lawsuit pause request since Mark Uyeda took over as acting chair.Both parties stated that the SEC's newly formed cryptocurrency working group may have an impact on the case and facilitate a resolution. After the 60-day period, both parties will submit a joint status report to assess whether a further pause is necessary. Terrett expects that other non-fraud cases such as Ripple, Coinbase, and Kraken may take similar actions.

ChainCatcher news, according to the New York Post, the potential candidates for the Trump administration's digital asset market working group have been revealed. These industry executives include former Kraken General Counsel Marco Santori, Ripple co-founder Brad Garlinghouse, podcast host Frank Chaparro, Circle CEO Jeremy Allaire, Coinbase CEO Brian Armstrong, and Crypto.com CEO Kris Marszalek.This list does not include all individuals; the potential candidates for the advisory committee are selected based on industry experience.

ChainCatcher News, SEC Commissioner Hester Peirce introduced the tasks and goals of the newly established crypto working group, stating that the current 10 tasks of the working group include:Examining the status of different types of crypto assets under securities law,Helping to identify areas that fall outside the commission's jurisdiction,Considering recommending the commission take action to provide temporary forward-looking and retroactive relief for tokens or token offerings that provide certain specific information for issuing entities or other willing responsible entities,Suggesting the commission amend existing registration pathways,Exploring potential updates to no-action letters for special purpose broker-dealers,Collaborating with investment advisors to provide an appropriate regulatory framework,Clarifying whether securities law covers crypto lending and staking programs,Providing clear statements on the methods for approving or disapproving crypto ETFs,Planning to work at the intersection of cryptocurrency and clearinghouse and transfer agent rules,Promoting methods for cross-border sandboxes for crypto projects.

ChainCatcher news, according to Cointelegraph, Landon Zinda has resigned from his position as Policy Director at the cryptocurrency advocacy organization Coin Center to join the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group. In an announcement on February 4, SEC Acting Chair Mark Uyeda stated that Zinda has joined the commission as a senior advisor to the cryptocurrency working group. The former Coin Center director will work alongside Chief of Staff Richard Gabbert and Chief Policy Advisor Taylor Asher in the group led by Commissioner Hester Peirce.Coin Center's Communications Director Neeraj Agrawal confirmed that Zinda "is no longer an employee of the organization." As of February 4, his name still appeared on Coin Center's website, and his LinkedIn profile indicated that he had been working at the advocacy organization since March 2023.The cryptocurrency working group was announced on January 21, with the aim of "helping the commission delineate clear regulatory boundaries, providing practical registration pathways, developing reasonable disclosure frameworks, and prudently deploying enforcement resources." The SEC stated that the group would coordinate with other federal agencies, including the Commodity Futures Trading Commission.