Russian cryptocurrency industry executives have submitted a draft bill to government authorities to legalize and regulate the nations burgeoning mining sector, marking a potential shift towards formal recognition and economic integration. Russian Crypto Association Takes Initiative with Draft Mining Bill, Eyes Regulatory Change According to ComNews (via Crypto News), Alexander Brazhnikov, Executive Director of the Russian Association of Cryptocurrency and Blockchain (RACIB), discussed the bill at a cryptocurrency event on March 22.

https://tokenpost.com/Russian-Crypto-Leaders-Propose-Bill-to-Legalize-Mining-Amid-Regulatory-Uncertainty-11463

The estate of the bankrupt crypto exchange FTX has announced plans to sell about two-thirds of its 8% stake in the artificial intelligence startup Anthropic in deals totaling $884 million.

https://www.cryptopolitan.com/ftx-estate-sell-884m-stake-anthropic/

In an interview with the Financial Times, Prime Minister of Iceland, Katrín Jakobsdóttir, hinted at a plan to divert the country's renewable energy resources. The focus will now be on boosting food production rather than supporting the crypto-mining industry.

https://coingape.com/iceland-pm-sways-energy-use-away-from-crypto-mining-to-agriculture/

The US Securities and Exchange Commission (SEC) lawsuit against Binance Holdings, Binance.US, and Changpeng “CZ” Zhao reaches the final stages of dispute resolution. The defendants have met almost all discovery and depositions requirements by the US SEC, with a final joint status report and a potential briefing in April.

https://coingape.com/binance-vs-sec-case-final-stages-discovery-depositions-court-filing/

John J. Ray, the new CEO of FTX, penned a letter to Judge Lewis Kaplan regarding former FTX CEO Sam Bankman-Fried's upcoming sentencing.

https://blockworks.co/news/new-ftx-ceo-on-government-claims

CEO John Ray III slams SBF's sentence reduction attempt, citing victims "have suffered and continue to suffer."

https://cryptopotato.com/ftx-ceo-criticizes-sbfs-bold-claim-of-zero-harm-to-customers-as-reckless-and-false/

The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their gains taxes to include crypto. According to a report from the Pakistani news outlet The News, the IMF is asking the FBR to bring crypto gains into the country's tax net.

https://dailyhodl.com/2024/03/18/imf-demands-3000000000-debt-from-pakistan-through-new-crypto-taxes-report/

Bakkt Holdings, Inc., has announced the appointment of Andy Main as its new President and Chief Executive Officer, effective March 26, 2024. This shift in leadership occurs at a crucial time for the organization as it stands at risk of being delisted from the New York Stock Exchange (NYSE) because of long-term trading of its

https://coingape.com/bakkt-appoints-andy-main-as-ceo-amid-nyse-delisting-threat/

Investors flock to memecoin presales, fueling a new wave of crypto speculation. Concerns have emerged within the crypto community regarding what some are calling peak degeneracy, as memecoin founders have amassed millions of dollars worth of Solana (SOL) through token presales over the past 72 hours.

https://tokenpost.com/Crypto-Traders-Rally-Behind-Memecoin-Presales-Injecting-100M-in-72-Hours-11422

Binance Labs, a $10 billion venture arm, quietly split from Binance but maintains its licensing agreement to use the Binance brand.

https://cryptopotato.com/binance-labs-quietly-transitions-to-independent-entity-from-binance/

Arf, a global transaction services platform offering blockchain-based solutions, announced this week that it has surpassed $1 billion in on-chain liquidity volume to support global payments.

https://www.crowdfundinsider.com/2024/03/222454-transaction-platform-arf-surpasses-1b-in-on-chain-liquidity/

February witnessed a staggering surge in personal crypto scams, with around 57,000 individuals falling prey to them, resulting in a collective loss of approximately $47 million, as reported by Scam Sniffer.

https://beincrypto.com/crypto-phishing-scams-february/

The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail adoption, too. We have seen the example in the approval of ETFs for bitcoin.

https://news.bitcoin.com/the-nigerian-government-and-binance-the-way-forward-cmo-of-flincap/

The app differs from the official version in subtle ways and steals users' money and sensitive information.

https://cointelegraph.com/news/chinese-ministry-posts-warning-fake-digital-yuan-app

Binance Coin (BNB) has seen a surge in price as the cryptocurrency makes a series of higher highs and higher lows.

https://coinidol.com/binance-price-gains-steadily/