LATEST: Congressman Emmer Proposes Securities Clarity Act for Digital Assets

Congressman Tom Emmer and Rep. Darren Soto reintroduced the Securities Clarity Act on March 26 to clear up confusion over digital asset classification. This bipartisan effort aims to separate “investment contracts” from the underlying digital assets to reduce regulatory uncertainty. The bill hopes to bring clarity to a rapidly evolving space.

The legislation would introduce the term “investment contract asset” to distinguish the asset from its related investment contract. This would allow for more flexible regulation as digital assets grow in utility and decentralization. Emmer emphasized that clear definitions would help entrepreneurs innovate without the risk of non-compliance.

The Securities Clarity Act’s reintroduction shows strong legislative momentum. It aligns with the push to modernize digital asset regulations under President Trump’s administration. Both parties see this bill as a crucial step toward balancing investor protection with innovation in blockchain technology.

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LATEST: Adam Back’s The Blockchain Group Secures 580 Bitcoin Acquisition

The Blockchain Group has made a significant step in its Bitcoin strategy by acquiring 580 Bitcoin worth $50 million. This acquisition is its largest to date since the company adopted a Bitcoin treasury strategy in November 2024. The company now holds a total of 620 BTC valued at around $54 million. This purchase was funded through proceeds from a convertible bond issue announced earlier in March.

This move highlights the company’s commitment to Bitcoin as a long-term store of value. The Blockchain Group is focused on maximizing Bitcoin per share through strategic accumulation using excess cash flow and capital raises. Their goal is to never sell Bitcoin but hold it indefinitely to increase shareholder value over time.

The company’s strategy follows the playbook of successful Bitcoin treasury firms. Alexandre Laizet the Deputy CEO believes Bitcoin adoption will grow over the next 10 to 15 years. He envisions Bitcoin as central to the future of finance with traditional markets transitioning to blockchain and stablecoin systems.

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GameStop Announces $1.3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day after the company revealed an update to its investment policy, allowing Bitcoin to be used as a treasury reserve asset.

The offering consists of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due in 2030. Additionally, the company plans to grant initial purchasers an option to buy up to $200 million more in notes within a 13-day period from the first issuance date. The notes will be…

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Crypto comes to Washington: Takeaways from the DC Blockchain Summit

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

Hello from Washington! I’m not here to see the cherry blossoms, although they’re providing a nice backdrop for the DC Blockchain Summit. 

It’s a busy week in the District. And I’m not just talking about the drama surrounding crypto’s favorite messaging app. 

Tomorrow, more Trump Cabinet hopefuls head to the Senate for nomination hearings. Paul Atkins (up to be the next chair of the SEC), will join Jonathan Gould (for Comptroller of the Currency), Luke Pettit (for Assistant Secretary of the Treasury) and Marcus Molinaro (for Federal Transit Administrator). We imagine Atkins…

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Bitcoin, Ethereum, XRP, Dogecoin Dip Amid Fresh Market Worries

Cryptocurrency markets are pulling back, mirroring declines in traditional financial markets. The downturn comes as reports indicate President Trump is preparing new auto tariffs, adding uncertainty to global markets.

CryptocurrencyPrice   Gains +/-Bitcoin BTC/USD$86,246.92-1.9%Ethereum ETH/USD$1,995.62-3.4%Solana SOL/USD$137.42-5.4%XRP XRP/USD$2.37-3.4%Dogecoin DOGE/USD$0.1940+0.7%Shiba Inu SHIB/USD$0.00001448+5.8%

Notable Statistics:

IntoTheBlock data shows large transaction volume increasing by 11% and daily active addresses falling by 9.2%. Transactions greater than $100,000 are down from 10,665 to 9,714 in a single day. Exchanges netflows are up by 739.3%.

Coinglass… Read more on Benzinga