U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with “new and emerging issues,” according to the regulator’s annual budget pitch. Much of that office’s recent, emerging workload has come from the agency’s pursuit of cryptocurrency businesses, such as Coinbase Inc., Kraken and Binance.Source

El Salvador Doubles Down on Bitcoin

The country is setting a precedent for others to follow, Moonwalker Capital Tatiana Koffman writes.Source

Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens

SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.Source

Coinbase Is More Than Just a Crypto Exchange: JMP Securities

Momentum continues to build in the company’s ancillary businesses, the report said.Source

First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade

The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services

Decentralized infrastructure network (DePin) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator initiative, according to a blog post.Source

Fantom’s FTM is the Best Performing Non-Meme Token of the Past 30 Days

Fantom’s impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency.Source

Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says

The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.Source

Frax Finance Targets $100B Value Locked in Singularity Roadmap

Frax’s singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal.Source

Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm

The market might take a breather this weekend, says Singapore’s QCP Capital.Source