Metaplanet has named Eric Trump to its strategic board of advisers as part of an ambitious plan to spearhead global Bitcoin adoption. Announced on March 21, this move leverages Trump’s extensive expertise in real estate, finance, and brand development to bolster Metaplanet’s mission of becoming a premier Bitcoin Treasury Company. CEO Simon Gerovich highlighted Trump’s deep connection to the Bitcoin community and his global business insight as key to accelerating the firm’s objectives.

Following the announcement, Metaplanet’s shares surged by 17.8% in early trading on the Tokyo Stock Exchange signaling strong market approval. The company’s aggressive strategy in the Bitcoin market has seen its holdings grow to 3,050 BTC, valuing nearly $4.1 billion and ranking it as the 12th largest corporate holder of Bitcoin.

With an eye toward future growth, Metaplanet aims to amass at least 10,000 Bitcoins by 2025. Despite a brisk acquisition pace in early 2025, Gerovich’s firm continues to explore diverse financial instruments to expand its Bitcoin reserves further underscoring its commitment to shaping the Bitcoin economy globally.

Coinbase has submitted several recommendations to the U.S. Securities and Exchange Commission (SEC) aimed at clarifying its oversight of the crypto asset market. This move comes as the agency shifts gears under the Trump administration, and Congress actively pushes for legislative progress. The suggestions include offering no-action relief, guidance, or interpretations to foster a more defined regulatory environment.

As part of its initiative, Coinbase responded to SEC Commissioner Hester Peirce’s call for public input on shaping a new crypto task force. The exchange’s feedback precedes a series of task force roundtables, highlighting the need for a distinct classification of digital assets and advocating for legislative clarity on crypto regulations. These discussions underscore the industry’s desire for more structured guidelines and the integration of digital commodities and securities into the regulatory framework.

Faryar Shirzad, chief policy officer at Coinbase, emphasizes the urgency for regulatory clarity to rectify years of confusion. His remarks come as Congress considers advancing a stablecoin bill, and the SEC reevaluates its stance on various crypto matters, signaling a potentially transformative period for digital asset governance.