Crypto News Brief 03/22: Bitcoin is “digital gold” and deserves recognition with news on Tether, Coinbase, Binance, CBDC, Tornado Cash, Scam & Hack

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From recognizing Bitcoin as "digital gold" and being worthy of recognition to the Swiss National Bank (SNB) initiating the wCBDC pilot program, here are some highlights from the crypto market. The CEO of Digital Assets under the Trump administration has declared Bitcoin as "digital gold", emphasizing that it deserves recognition like a precious metal. His statement reinforces Bitcoin's role as an inflation hedge and a reliable value storage. As crypto adoption accelerates, this stance could help shape future regulatory policies. With increasing institutional investment interest, Bitcoin continues to consolidate its position as a crucial asset in the global financial system. [The rest of the translation follows the same professional and accurate approach, maintaining the original meaning while translating into clear English.]

Former federal prosecutor, Katie Haun, has announced raising 1 billion USD through two Venture Capital funds focused on crypto, expected to be completed by June 2025.

Haun Ventures, the pioneering company, will allocate these funds to early-stage and established projects.

The initiative includes two funds, each worth 500 million USD, targeting different project stages. An early-stage fund will serve seed investment through Series A rounds, while the second fund focuses on established protocols.

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Disclaimer: The article is for informational purposes only, not investment advice. Investors should thoroughly research before making decisions. We are not responsible for your investment choices.

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Viet Cuong

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