Binance, the world's largest cryptocurrency exchange by trading volume, is facing a ban in the Philippines after the country's financial regulator flagged concerns regarding the firm's unlicensed operations.

https://cryptodaily.co.uk/2024/03/binance-facing-ban-in-philippines-after-watchdog-flags-operations

Crypto markets are currently undergoing a consolidation phase ahead of the most awaited halving and after hitting all-time high levels. In the middle of speculations, market participants have raised bets on a bull run post-halving, as also suggested by historical data.

https://coingape.com/goldman-sachs-tech-gain-scenario-sparks-hope-for-crypto-market-recovery/

Gary Gensler implied many market participants preferred to “whittle away at the SEC's disclosure regime” rather than register, despite criticism that the requirements were unclear.

https://cointelegraph.com/news/gary-gensler-crypto-disinfectant

Luke Lango thinks meme coins are the slot machines of the 21st century. Here's why he believes joke cryptos can keep rising.

https://investorplace.com/2024/03/luke-lango-says-meme-coins-are-the-slot-machines-of-crypto/

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC).

https://bitcoinist.com/genesis-face-21-million-penalty-sec-charges-settled/

Libre, a joint venture between Nomura's digital asset arm Laser Digital and Webn, an incubator of Alan Howard, has commenced operations as a fund tokenization protocol. With a focus on tokenizing assets to streamline fund distribution, Libre aims to revolutionize the alternative investment landscape.

https://invezz.com/news/2024/03/19/libre-launches-fund-tokenization-protocol-backed-by-top-asset-managers/?utm_source=snapi

The US Securities and Exchange Commission (SEC) has taken legal action against 17 individuals allegedly involved in a Crypto Ponzi scheme that defrauded more than 40,000 victims and amassed $300 million. As per the SEC's press release, Houston-based CryptoFX LLC operated the scheme, primarily targeting Latino investors in the United States and two other countries.

https://bitcoinist.com/300-million-crypto-ponzi-scheme-exposed/

The U.S. Attorney's Office filed an action to recover crypto that was traceable to a "pig butchering" scheme targeting 37 people.

https://www.theblock.co/post/282376/us-attorneys-office-files-action-to-recover-2-3-million-in-crypto-from-pig-butchering-scheme

NFTNick is a well-known social media influencer who is hoping to woo the masses through a variety of wealth-backed posts on social media. His stunts have included all of the props of an influencer, ranging from a boat in Miami to a New York City penthouse, all within the same week.

https://www.benzinga.com/markets/cryptocurrency/24/03/37638111/crypto-bros-choose-rich-as-elon-musk-and-others-chime-in-on-twitter?utm_source=snapi

Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an "oasis."

https://www.coindesk.com/policy/2024/03/08/wyoming-grants-daos-new-legal-structure/

The AI blockchain sector's combined market cap has more than doubled to $25.1 billion in less than a month as the world remains engrossed in developments in AI technology, according to CryptoSlate data. Overall, the market has increased roughly 150% from $9.64 billion on Feb. 16.

https://cryptoslate.com/ai-crypto-market-cap-doubles-to-25-billion-in-20-days/

The CDC aims to address and counter the SEC's current aggressive regulatory tactics rather than relying on clear, legislated rules.

https://cryptopotato.com/chamber-of-digital-commerce-backs-kraken-in-sec-lawsuit/

Binance, the largest crypto exchange in the world, must pay $4.3 billion in penalties in a settlement previously announced. According to multiple reports, the judge handling the case approved the guilty plea and the penalty.

https://www.crowdfundinsider.com/2024/02/221841-binance-4-3-billion-penalty-approved-by-judge/

Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.

https://www.coindesk.com/policy/2024/02/21/crypto-action-in-senate-remains-on-back-burner-sources/

Ethena Labs' recent launch of the USDe stablecoin has sparked widespread debate. Investors are notably apprehensive about its 27.6% annual yield.

https://beincrypto.com/new-stablecoin-awaiting-collapse/