CONTENT
Amir Zaidi is set to return to the CFTC as chief of staff. As a key figure behind the launch of the first Bitcoin futures, his appointment signals a push to strengthen crypto oversight ahead of upcoming digital asset legislation.
India’s central bank, the RBI, is urging countries to prioritize central bank digital currencies over private stablecoins. Despite growing exploration, only a handful of countries have successfully launched a CBDC so far.
Bitcoin continues to underperform traditional assets. Since November, BTC is down roughly 20%, while gold is up about 9% and the S&P 500 has gained around 1%.
U.S. Representative Warren Davidson warned that digital IDs and CBDCs could turn the U.S. into a surveillance state. He also cautioned that stablecoin-focused legislation could unintentionally undermine financial freedom and privacy.
Bitcoin remains stuck below key resistance levels. On-chain data shows rising miner outflows, a signal that has historically aligned with short-term price pullbacks.
WRITER’S INTRO
