Democratic Representative Gerald E. Connolly has urged the U.S. Treasury to abandon its plans for a Strategic Bitcoin Reserve, arguing that the initiative would primarily benefit President Donald Trump and his allies rather than the American public.

Ripple Labs, the company behind XRP, has filed a trademark application for "Ripple Custody," signaling a potential expansion into the crypto custody market. The filing, submitted to the United States Patent and Trademark Office (USPTO), suggests that Ripple is positioning itself as a player in the growing digital asset storage sector.

US Senator Cynthia Lummis has reintroduced the BITCOIN Act, a bill that could see the US government amass over 1 million Bitcoin as part of a newly proposed strategic Bitcoin reserve.

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization firm Securitize are set to launch a new blockchain aimed at both retail and institutional investors looking to tap into DeFi and asset tokenization.

Asset manager Hashdex has amended its S-1 regulatory filing to include seven additional altcoins in its cryptocurrency index exchange-traded fund (ETF), according to a March 14 filing with the U.S. Securities and Exchange Commission (SEC).