Global Cryptocurrency Market Surges Amid U.S. Policy Shift — March 3, 2025 | by Magesh Kumar | The Capital | Mar, 2025
The cryptocurrency market is buzzing with unprecedented activity as a significant U.S. policy shift sparks renewed interest and investment in digital assets. On March 3, 2025, global crypto markets experienced a dramatic surge, with Bitcoin, Ethereum, and altcoins witnessing double-digit gains. The sudden uptick follows announcements from the U.S. Treasury Department, which unveiled a progressive framework for regulating cryptocurrencies, marking a pivotal moment in the industry’s evolution.
The Biden administration, after months of deliberation, has rolled out a new regulatory framework aimed at fostering innovation while ensuring consumer protection. Key elements of the policy include:
- Clearer Definitions: Cryptocurrencies are now categorized into security and utility tokens, offering much-needed clarity to investors and developers.
- Tax Incentives: Crypto startups and miners operating within the U.S. will benefit from tax breaks, encouraging domestic innovation.
- International Collaboration: The U.S. is partnering with G20 nations to establish global standards for cryptocurrency regulation.
