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Donald Trump to host First Crypto Summit

The Daily Leo #649

kwick

Mar 7

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Donald Trump to host First Crypto Summit on 7th March

March 7th will be a big day for the Bitcoin and crypto community because US President Donald Trump will host the Crypto Summit. This is a big event and many popular faces will attend the event. This event is big because of 2 reasons. First, it is happening in the US to encourage more countries to follow this. Second, We will get to know what leaders think about crypto and web3 and what their plans

Arbitrum (ARB) is a popular crypto project in the market and now ARB is getting listed on the Robinhood exchange. This exchange is very much used in the US region and with this listing, we can expect to see more trading volume on ARB. And this project is not new so getting more volume means more attention and value growth to the project. It is a leading Layer-2 solution and after the listing surge is noticed on ARB.

There has been a discussion about Markets in Crypto-Assets (MiCA) in Europe. As per the EU regulation, all the stablecoins must comply with MiCA regulations. Binance has announced that the exchange will delist all stablecoins by 31st March 2025 that are not MiCA compliant. This is a problem for EU users because we are left with a few weeks only. If somehow some popular stablecoins get compliant then good else delisting will happen and it is going to affect.

Tariffs are global news for now because US President Trump is going to apply tariffs on many countries. Its called the tariff war that has started and its impact is also reflected in global markets and the economy. This is the kind of situation we probably have seen for the first time and if it goes long then we would see its impact on jobs as well. For example, in EVs where the battery pack comes from China and its tariffed, its price impact will increase the battery cost

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