VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto exchange by Forbes, alongside surpassing 100 million registered users, a testament to its growing influence and user-centric innovations.

The exchange’s rise reflects its focus on delivering secure, intuitive trading solutions tailored to evolving market demands. By prioritizing robust security protocols, regulatory compliance, and transparent operations, Bitget has established itself as a reliable platform for traders navigating the dynamic crypto landscape. Features such as copy trading and Bitget Seed, an AI-driven tool for identifying emerging Web3 projects, equip users with advanced strategies and real-time insights, streamlining decision-making in fast-paced markets.

With this momentum, Bitget continues to expand its suite of trading tools and services. Recent upgrades to its platform integrate new and advanced technologies designed to enhance user experience, from seamless asset management to AI-powered market analytics. These advancements underscore the exchange’s ability to adapt to industry trends while maintaining a competitive edge.

As the industry continues to transform, Bitget remains focused on refining its platform, broadening its global footprint, and introducing new features that cater to the diverse needs of traders in this rapidly evolving space.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavu?o?lu (Wrestling world champion), Samet Gümü? (Boxing gold medalist) and ?lkin Ayd?n (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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View original content:https://www.prnewswire.co.uk/news-releases/bitget-celebrates-1-5-million-downloads-in-february-302407919.html

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In a surprising move, the U.S. Treasury reversed its sanctions on Tornado Cash after an extensive policy review, marking a significant shift in how Washington views crypto. This decision, tied to the case Van Loon v. Department of the Treasury, signals a growing recognition that digital assets are here to stay. While the Treasury remains focused on cyber threats — particularly those linked to North Korea — it now acknowledges the potential of financial innovation and inclusion that crypto technologies offer.

This policy shift could quietly redefine the future for decentralized finance (DeFi) platforms and blockchain-based infrastructure projects that have long operated in a regulatory gray area. Investors are watching closely, as this new stance may pave the way for broader institutional involvement and a more favorable regulatory environment for crypto-related businesses.

Treasury’s Policy Reversal: A Game Changer for Crypto

The Treasury Tornado Cash crypto policy shift follows a wave of legal challenges and criticism over the government’s initial crackdown on privacy-focused protocols. Tornado Cash, a privacy-focused Ethereum mixer, was sanctioned in 2022 amid concerns that it facilitated illicit transactions. However, the lawsuit brought by crypto advocates in Van Loon v. Department of the Treasury forced a deeper review of the policy.

The Treasury’s revised stance acknowledges that outright bans may not be the solution. Instead, regulators are signaling a more balanced approach that promotes innovation while mitigating risks. By reversing its position on Tornado Cash, the Treasury is suggesting that future policies may favor regulatory adaptation rather than blanket prohibitions.

What This Means for DeFi and Crypto Platforms

The Treasury Tornado Cash crypto policy change could have far-reaching implications for DeFi platforms and other blockchain-based financial services. Projects that were previously marginalized or forced to operate in uncertainty may now have a clearer path toward legitimacy and regulatory compliance.

A more flexible regulatory environment could encourage investment in blockchain infrastructure and boost confidence in the broader crypto ecosystem. It could also spur the growth of privacy-preserving technologies, which play a critical role in ensuring financial inclusivity and protecting user data.

Tesla (NASDAQ:TSLA) Could Benefit from a Crypto Shift

As regulatory attitudes toward crypto soften, companies with exposure to blockchain technology may stand to benefit. One such company is Tesla (NASDAQ:TSLA), which has been an active participant in the digital asset space.

Tesla’s high-profile purchase of Bitcoin (BTCUSD) and CEO Elon Musk’s vocal support for cryptocurrencies have made the company a bellwether for crypto adoption in the corporate world. If the Treasury’s policy shift leads to a more favorable environment for digital assets, Tesla could see increased investor interest and potential upside in its stock price.

Furthermore, as blockchain applications expand beyond cryptocurrencies into areas like supply chain management and energy efficiency, Tesla’s innovative approach to technology positions it to capitalize on these emerging trends.

Institutional Capital May Flow into Blockchain Ventures

A more adaptive regulatory framework could also unlock a wave of institutional capital into blockchain ventures. Traditionally, regulatory uncertainty has kept many institutional investors on the sidelines. However, the Treasury Tornado Cash crypto policy reversal may instill confidence that the U.S. is moving toward a more supportive environment for blockchain innovation.

As institutional capital flows into the crypto space, companies with established blockchain exposure, such as Tesla (NASDAQ:TSLA) and others exploring decentralized applications, may attract heightened investor interest. This shift could create a ripple effect, boosting valuations across the broader crypto and blockchain ecosystem.

Who’s Next for Regulatory Redemption?

The reversal of sanctions on Tornado Cash raises an intriguing question: which other crypto projects could be next in line for regulatory redemption? Privacy-focused protocols, stablecoin issuers, and DeFi platforms that have faced regulatory scrutiny may find themselves benefiting from this evolving stance.

As the U.S. Treasury continues to refine its approach, market participants will be watching closely for signals of further policy shifts. This evolving regulatory landscape presents both opportunities and challenges for crypto projects seeking legitimacy and wider adoption.

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The U.S. Securities and Exchange Commission (SEC) recently released new guidance suggesting that crypto mining activities do not fall under traditional securities law. However, this statement, issued by the SEC’s division of corporation finance, has sparked criticism from Commissioner Caroline Crenshaw, the agency’s sole Democratic member. Crenshaw argued that the new guidance offers little clarification and may mislead investors about the true regulatory landscape.

In this article, we will analyze the SEC crypto mining guidance, Crenshaw’s concerns, and the broader implications for crypto miners and investors.

SEC Declares Crypto Mining Outside Securities Law

In its latest memo, the SEC’s division of corporation finance clarified that “protocol mining” does not involve securities. According to the statement, crypto miners do not need to register their transactions or claim exemptions under federal securities laws. The SEC emphasized that this guidance was part of an effort to provide greater clarity on the application of securities regulations to crypto assets.

This announcement followed a similar declaration earlier this year, where the SEC stated that “meme coins” do not qualify as securities. However, the guidance on crypto mining raised eyebrows, especially given the complexity of defining securities in the evolving crypto landscape.

Caroline Crenshaw Questions SEC’s Assumptions

Commissioner Caroline Crenshaw criticized the SEC crypto mining guidance for relying on flawed assumptions and failing to offer meaningful clarity. Crenshaw argued that the SEC’s approach is based on circular reasoning, which undermines the effectiveness of the guidance.

“If you start with an assumption that mining is not undertaken with the expectation of profits based on the efforts of others, you will necessarily conclude that it does not involve such an expectation and is therefore not a security,” Crenshaw said in her statement.

She pointed out that the guidance overlooks the fact that determining whether a specific crypto mining arrangement qualifies as a security still requires applying the traditional Howey Test, which evaluates whether an investment contract exists. This critical test assesses whether an investor expects to earn profits primarily from the efforts of others.

Implications for Crypto Miners and Investors

The SEC crypto mining guidance could potentially create confusion for crypto miners and market participants. While the guidance suggests that crypto mining is not subject to securities laws, Crenshaw warned that this interpretation should not be mistaken for a wholesale exemption from regulatory scrutiny.

“For the sake of investors, other market participants, and the markets themselves, I hope that readers do not mistake [the new guidance] for something more than it is,” Crenshaw stated.

She cautioned that crypto miners should be wary of any headlines suggesting that the SEC’s statement grants blanket immunity from compliance with securities laws.

Policy Concerns: Lack of Transparent Rulemaking

Crenshaw also criticized the SEC’s tendency to issue guidance instead of following the conventional rulemaking process, which involves gathering input from market participants and ensuring transparency.

“Rather than engaging in an open and transparent process that benefits from the input of market participants, these supposedly ‘clarifying’ statements deliver neither progress nor clarity,” Crenshaw remarked.

This criticism highlights concerns about the SEC’s approach to regulating the crypto industry. Without formal rulemaking, industry participants may struggle to understand the regulatory framework, leading to inconsistent enforcement and uncertainty.

Comparisons with Meme Coin Guidance

Crenshaw drew parallels between the SEC crypto mining guidance and the recent statement on meme coins. She highlighted that both statements face similar limitations by failing to address the nuances involved in determining whether a specific asset or activity qualifies as a security.

The SEC’s memo on meme coins, like the one on crypto mining, suggests that these assets generally do not fall under securities law. However, Crenshaw emphasized that each case must still be analyzed using the traditional test for defining securities.

The Road Ahead: Uncertainty for Crypto Regulation

As the crypto industry continues to evolve, the lack of clear and consistent regulatory guidelines poses challenges for market participants. The SEC crypto mining guidance may have provided a temporary sense of relief for crypto miners, but Crenshaw’s critique underscores the need for more transparent and comprehensive policymaking.

Without clearer rules and regulations, crypto businesses and investors may face continued uncertainty, making it essential for the SEC to engage with stakeholders and develop a robust regulatory framework that balances innovation with investor protection.

Conclusion: A Call for Greater Clarity

The SEC crypto mining guidance has raised more questions than answers, prompting concerns from Commissioner Caroline Crenshaw about its effectiveness and transparency. While the memo suggests that crypto mining activities are not subject to securities laws, Crenshaw’s warning serves as a reminder that regulatory clarity is far from achieved.

As the crypto industry awaits clearer guidelines, market participants should remain cautious and vigilant, ensuring compliance with existing securities laws while anticipating potential regulatory shifts.

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VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced a strategic partnership with pump.fun, the world’s leading crypto token launchpad where anyone can create their own token for free. This collaboration aims to enhance the trading experience on MEXC’s DEX+ platform and explore further synergies between centralized finance (CeFi) and decentralized finance (DeFi). The first step in this partnership will be the integration with pump.fun’s new DEX, PumpSwap.

MEXC has recently launched its innovative hybrid product, DEX+, offering a seamless, one-stop solution for both on-chain and off-chain trading. This unique platform enables users to trade directly on decentralized exchanges (DEXs) through the MEXC App and website, providing access to a diverse array of on-chain assets. The initial version of DEX+ will support the Solana ecosystem, giving users the ability to trade over 10,000 tokens available on Raydium and pump.fun. Future updates will expand to include additional DEXs and blockchain networks, broadening the platform’s reach and liquidity.

MEXC DEX+ simplifies the complexities of DEX by enabling users to trade various on-chain assets within the Solana ecosystem directly through a familiar CEX interface. This eliminates the need to manually hurdle through multi-step interactions, such as switching wallets or cross-chain transactions.

Through this strategic partnership with pump.fun, MEXC aims to provide a streamlined, accessible experience for the potential onchain assets, further solidifying its commitment to innovative solutions within the crypto space. MEXC DEX+ users gain unique access to trade newly launched tokens on pump.fun at an early stage. DEX+ allows users to participate in trading as soon as a memecoin is issued, even before it is listed on CEX, enabling them to capitalize on market opportunities from the outset. By leveraging pump.fun’s robust capabilities in launching memecoins, this model significantly lowers the entry barrier for users seeking to enter the Web3 trading space.

“MEXC is committed to offering a broad spectrum of accessible assets through our listing strategy while ensuring fast listing speeds and top-tier security for our users. With DEX+, we aim to address key challenges by providing a familiar, CEX-like trading experience while retaining the benefits of accessing on-chain assets. We are thrilled to partner with pump.fun to empower users to discover and support memecoins in this rapidly evolving investment space. This collaboration underscores our dedication to fostering innovation and providing new opportunities for our users in the ever-evolving crypto landscape,” said Tracy Jin, COO of MEXC.

“pump.fun democratized token creation, standardized token contracts, and brought crypto to the people. pump.fun’s partnership with MEXC will give DEX+ users a powerful tool to access the coins they want to trade — long before they’re available on a centralized exchange. pump.fun is building crypto’s largest social network, and bridging communities across crypto through partnerships like this with MEXC is how that foundation is built,” said Alon Cohen, Co-Founder pump.fun.

Looking ahead, MEXC’s DEX+ is positioned to be a transformative force in the evolution and mass adoption of DeFi and DEX ecosystems, with its strategic partnership with pump.fun marking a crucial first step in this journey. As user adoption of decentralized trading accelerates, the seamless integration of centralized and decentralized exchange models becomes essential, and MEXC stands at the forefront of this convergence, systematically expanding our ecosystem partnerships to deliver increasingly sophisticated, secure, and user-centric trading experiences that will define the next generation of crypto trading.

To celebrate the successful launch of DEX+ and its strategic partnership with pump.fun, MEXC is pleased to announce its incentive program: new users completing trades of 100 USDT or more on the DEX+ platform will be eligible to receive a 20 USDT reward. For more details, please visit: https://www.mexc.com/dex-rewards.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries and regions, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

For more information, visit: MEXC Website?X?Telegram?How to Sign Up on MEXC

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View original content:https://www.prnewswire.co.uk/news-releases/mexc-dex-forms-strategic-partnership-with-pumpfun-for-next-evolution-of-defi-and-cefi-integration-302407741.html

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