The encryption market spent a difficult time, losing nearly $ 500 billion in just one day, reflecting a 10 % decrease. Looking at the previous trends, March was a landing month for encryption, with The losses recorded 50 % The time since 2013. But this time things can be different, as many major events are lined up. This is what will happen.
March 6: CFTC Forum on symbolic assets and stablecoins
CFTC will launch matters with a forum that focuses on distinctive assets and stablecoins. according to CFTCThe experimental program will explore “unlimited symbolic guarantee”, which includes Stablecoins and similar products.
Companies like Circle, Coinbase, Crypto.com, Moonpay and Ripple will be part of the discussions. More details will be shared about the forum once everything is confirmed.
March 7: The White House encryption summit with Trump
Next in the line, we have one of the most expected events, the White House encryption summit hosted by President Donald Trump. Trump has recently occupied newspapers with his pro -profit position, including talking about creating a strategic coding reserve in the United States.
The summit will combine the main encryption leaders, policy makers and financial experts to discuss the country’s role in digital assets.
10-14 March: The Senate Banking Committee voted on the Stablecoin Bill
The regulations were a hot topic in the world of encryption, and between 10 and 14 March, the Senate Banking Committee will vote on the Stablecoin Bill. However, the draft law revolves around the creation of clear rules for Stablecoins.
It focuses on maintaining the safety of users, reducing risks on the financial system, and stopping illegal activities. If it is approved, this bill may bring more clarity to the legal status of Stablecoins in the United States
March 21: The first round for encryption in SEC
The Securities and Stock Exchange Committee (SEC) will Hold the first round for encryption table On March 21. The meeting is likely to focus on encryption rules, market stability, and how digital assets are compatible with current financial systems. This SEC will give an opportunity to learn more about the encryption market and its challenges.
With all these major events that occur in March, the encryption industry is preparing for a month of potential fluctuations and the main developments that can be its future.
