Strategy Resumes Bitcoin Buying Spree with $3.​5B Purchase

**Treasury Secretary Scott Bessent** delivered a pointed message to market participants resistant to regulatory oversight, suggesting they relocate to El Salvador if they oppose strong regulation. **Key Points:** - Bessent's statement signals a firm stance on maintaining robust regulatory frameworks in US markets - The comment references El Salvador's crypto-friendly approach, which has positioned the country as a haven for less regulated digital asset activity - This follows previous warnings from former Treasury Secretary Janet Yellen about institutional risks **Context:** The remark underscores ongoing tensions between regulators seeking oversight and market participants advocating for lighter-touch frameworks in the digital asset space.

An ether treasury company maintains its position despite significant financial challenges. The firm reports no pressure to liquidate its ETH holdings, even as losses accumulate and its share price continues to decline. **Key Points:** - Company remains committed to holding strategy - No immediate plans to sell ether reserves - Share price has experienced substantial decline - Losses continue to mount amid market downturn The firm's stance comes as publicly traded Ethereum treasury BitMine Immersion Technologies continues purchasing ETH despite growing losses. This approach mirrors strategies seen in other treasury companies that maintain long-term conviction in their holdings regardless of short-term market volatility.

A crypto exchange has suspended deposits and new account creation, instructing affected customers to migrate to eToro by the end of March to access their funds. **Key Details:** - Withdrawals are only available through eToro sign-up - Deadline: End of March 2026 - New accounts and deposits currently suspended **Context:** This follows a pattern of crypto platforms adjusting operations in response to regulatory pressures. In 2023, companies like Luno and PayPal similarly halted certain crypto services ahead of new regulations. Affected users should act before the March deadline to ensure access to their assets.

**Sovcombank has launched its cryptocurrency service**, following in the footsteps of its larger competitor Sberbank. While **Sberbank was first to market**, their offering remains in pilot program phase. Sovcombank's move represents the next step in Russian banking's gradual adoption of digital assets. The development comes after months of preparation - by mid-2025, the project had advanced to **pilot program development with participating banks**. This marks a significant milestone in Russia's evolving crypto banking landscape, with major financial institutions now actively competing in the digital asset space.

As cryptocurrency markets experience significant declines, blockchain industry leaders are reassessing and narrowing their visions for the technology's practical applications. **Key Developments:** - Industry executives are scaling back previously ambitious blockchain utility projections - Market downturn prompting more conservative outlook on technology adoption - Shift represents departure from earlier optimistic forecasts about blockchain's transformative potential This recalibration marks a notable change from 2024, when financial industry voices warned that institutions ignoring blockchain risked losing competitive advantage. The current market conditions appear to be forcing a more measured approach to blockchain implementation across the sector.