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Bitso, a leading cryptocurrency exchange in Latin America, has added Toncoin to its trading platform, reflecting its commitment to broadening digital asset offerings. Users can now trade TON through the Bitso app, enhancing their access to The Open Network’s ecosystem.

To begin trading Toncoin on Bitso, users should:

1. Create a Bitso Account: Register and complete the verification process.
2. Fund the Wallet: Deposit local currency or other cryptocurrencies into the Bitso wallet.
3. Purchase TON: Navigate to the Buy/Sell section in the Bitso app, locate the TON trading pair, and execute the transaction.

This integration offers users seamless, efficient transactions within The Open Network’s ecosystem.

Toncoin, the native cryptocurrency of The Open Network , is designed to facilitate decentralized applications and services. The network aims to provide fast, secure, and scalable blockchain solutions, positioning itself as a significant player in the evolving digital landscape.

Founded in 2014, Bitso has emerged as a prominent cryptocurrency platform in Latin America, boasting over 7 million users globally. The exchange offers a variety of services, including a mobile app for buying, selling, and using cryptocurrencies, as well as Bitso Alpha, a platform tailored for traders seeking advanced tools and high liquidity. Bitso operates under regulatory frameworks in countries like Mexico, Brazil, and Argentina, ensuring compliance and security for its users.

The addition of Toncoin aligns with Bitso’s strategy to diversify its cryptocurrency offerings, catering to the growing demand for varied digital assets. This move not only enriches the trading options for existing users but also attracts new investors interested in exploring The Open Network’s capabilities.

In the context of the broader cryptocurrency market, Toncoin has been gaining attention. Technical analyses suggest potential price movements, with patterns indicating possible bullish trends. However, as with all cryptocurrencies, investors are advised to conduct thorough research and exercise caution due to the inherent volatility of the market.

Bitso’s continuous efforts to integrate diverse cryptocurrencies demonstrate its dedication to providing comprehensive services to its user base. By adding assets like Toncoin, Bitso enhances its platform’s appeal, offering users opportunities to engage with emerging technologies and blockchain innovations.

The European Union has announced plans to impose tariffs on $28 billion worth of U.S. goods starting April 1, 2025, in direct response to the United States’ recent implementation of a 25% tariff on steel and aluminium imports. This move marks a significant escalation in trade tensions between the two economic powerhouses.

The U.S. tariffs, championed by President Donald Trump, took effect on March 12, 2025, targeting steel and aluminium imports globally. The administration justified these measures as necessary to protect national industries and bolster domestic employment. However, the EU has criticized these actions as unjustified and harmful to international trade relations.

In retaliation, the EU’s countermeasures will affect a diverse array of American products. Notably, iconic items such as Kentucky bourbon, Harley-Davidson motorcycles, and various agricultural products are on the list. The selection of these goods appears strategic, aiming to exert political pressure on key U.S. constituencies, particularly in states that supported President Trump. For instance, bourbon production is a significant industry in Kentucky, the home state of Senate Majority Leader Mitch McConnell.

European Commission President Ursula von der Leyen emphasized that while the EU’s response is robust, it remains proportionate. She stated, “We do not seek escalation, but the U.S. tariffs leave us no choice but to defend our industries and uphold the rules of international trade.” The EU’s approach underscores its intent to protect its economic interests without further destabilizing global trade dynamics.

The targeted U.S. products span various sectors, including industrial goods, textiles, and agriculture. This broad spectrum indicates the EU’s strategy to distribute the impact across multiple industries, thereby minimizing potential adverse effects on European consumers and businesses. The list of goods subject to tariffs was compiled after thorough consultations with EU member states to ensure a balanced and effective response.

The U.S. administration has defended its tariffs as a means to revitalize domestic manufacturing and safeguard national security interests. President Trump argued that the influx of imported steel and aluminium poses a threat to these sectors, necessitating protective measures. However, critics argue that such tariffs could lead to increased production costs for American industries reliant on these raw materials, potentially resulting in higher prices for consumers and strained relationships with key trading partners.

The EU’s decision to implement counter-tariffs is rooted in World Trade Organization rules, which permit such measures when a member country’s actions are deemed unjustifiable and harmful. By adhering to these international guidelines, the EU aims to reinforce the legitimacy of its response while highlighting the perceived illegitimacy of the U.S. tariffs.

The brewing trade dispute has raised concerns among global economic analysts. There is apprehension that this tit-for-tat escalation could lead to a broader trade war, negatively impacting global economic growth and stability. Both the EU and the U.S. are integral players in the international economy, and prolonged tensions between them could have ripple effects worldwide.

Despite the firm stance, the EU has expressed a willingness to engage in dialogue to resolve the dispute. Von der Leyen remarked, “Our door remains open for discussions. It is in the interest of both sides to find a mutually agreeable solution that preserves the integrity of our economic relationship.” This openness to negotiation suggests that while the EU is prepared to defend its interests, it also recognizes the value of maintaining a cooperative transatlantic partnership.

In the United States, reactions to the escalating trade tensions have been mixed. Some industry leaders have voiced support for the administration’s protective measures, citing long-standing challenges posed by foreign competition. Conversely, others express concern over potential retaliatory actions and their impact on export-dependent industries. The agricultural sector, in particular, fears that the EU’s tariffs could significantly reduce demand for American produce in European markets.

The unfolding situation underscores the complexities inherent in global trade relations. As both sides brace for the implementation of these tariffs, the international community watches closely, hoping for a resolution that averts further economic disruption. The coming weeks may prove pivotal in determining whether the EU and the U.S. can navigate this impasse through negotiation or if the world is on the cusp of a more pronounced trade conflict.

In light of these developments, businesses on both sides of the Atlantic are advised to monitor the situation closely. Companies involved in the production, export, or import of the affected goods should prepare for potential disruptions and consider strategies to mitigate the impact of the tariffs. This may include exploring alternative markets, adjusting supply chains, or engaging in advocacy efforts to influence policy decisions.

Blockchain analytics firm Arkham Intelligence has introduced a new tagging system designed to track cryptocurrency transactions of prominent figures in the digital asset space. This feature, termed the “Key Opinion Leader” tag, enables users to monitor the wallet activities of influencers boasting over 100,000 followers on the platform X .

As of March 8, Arkham has cataloged approximately 950 wallet addresses associated with these high-profile individuals. Noteworthy figures identified include Ethereum co-founder Vitalik Buterin, crypto entrepreneur Justin Sun, Binance founder Changpeng Zhao, Yearn Finance co-founder Andre Cronje, and U.S. President Donald Trump.

The primary objective of this initiative is to enhance transparency within the cryptocurrency ecosystem. By allowing users to observe the digital asset movements of influential personalities, Arkham aims to shed light on potential market trends and provide insights into the holdings and transactions of these key players.

In the past, Arkham has provided valuable insights into the activities of major crypto figures. For instance, the platform tracked Vitalik Buterin’s liquidation of $2.5 million worth of meme coins, which were subsequently directed to his biotech charity, Kanro. Additionally, in May 2024, Arkham identified a wallet linked to Donald Trump, revealing holdings exceeding $10 million, primarily comprising MAGA and ETH tokens.

Under the newly introduced KOL tag, several prominent figures and their crypto holdings have been highlighted:

– Justin Sun: The founder of Tron leads the list with nearly 4 million followers on X. One of his wallets holds over $590 million in digital assets, with approximately $435 million in Tron .

– Vitalik Buterin: With around 5.7 million followers, Buterin’s wallet contains roughly $523 million in Ethereum.

– Hong Qi Yu: The CEO of Tokenize Xchange has over 723,000 followers and holds $28.31 million in digital assets.

– Arthur Hayes: The co-founder of BitMEX possesses $18.32 million in assets and has 640,000 followers.

– Dinghua Xiao: With 235,000 followers, Xiao’s wallet holds $12.33 million in cryptocurrencies.

– Murad Mahmudov: Known as “Muststopmurad” on X, he has 718,300 followers and $5.27 million in digital assets.

The introduction of the KOL tag comes amid growing concerns about the reliability of influencer-backed tokens. Research indicates that 76% of such tokens fail to deliver, with their value plummeting by more than 90% within just three months. This has raised alarms about misleading endorsements and the potential for pump-and-dump schemes within the crypto community.

By offering this tracking feature, Arkham provides investors with the tools to scrutinize whether influencers genuinely back the tokens they promote or if their endorsements are merely paid advertising. This level of transparency could help distinguish genuine endorsements from deceptive promotions, thereby fostering a more informed and secure investment environment.

The crypto community has responded with mixed reactions to this development. Some users commend the move towards greater transparency, while others express concerns about privacy and the potential misuse of such information. One user commented, “Biggest scammer on top! Now everyone can watch your wallets. But they should know y’all have multiple ones.”

A strategic gathering of House Republicans took place this week at a “Crypto Power Lunch,” which featured key players from the cryptocurrency sector, positioning the event as a precursor to the upcoming White House crypto summit. The meeting included representatives from influential organisations such as the Digital Chamber, Blockchain Association, Paradigm, a16z, CoinFlip, Coinbase, Anchorage Digital, DCG, and ConsenSys. The event highlighted the growing alignment between political leaders and crypto advocates, aiming to shape the future of regulatory frameworks for digital currencies in the United States.

The lunch, hosted in Washington, served as a platform for dialogue between legislators and crypto industry giants. Participants discussed regulatory clarity and the potential for future legislation that would address concerns about market stability, security, and innovation in the rapidly evolving digital assets space. Lawmakers who attended the meeting have voiced a commitment to creating a legislative environment that fosters innovation while ensuring consumer protection.

The move is part of a broader strategy by Republicans to engage with the cryptocurrency community, recognising its potential to drive economic growth and technological advancement. This outreach comes as digital currencies are becoming increasingly mainstream, attracting not only individual investors but also institutional players. Republican lawmakers are positioning themselves as champions of the crypto industry, which has seen explosive growth despite the ongoing regulatory challenges.

The presence of firms like Coinbase and Anchorage Digital signals the crypto industry’s continued interest in influencing policy. Coinbase, one of the largest cryptocurrency exchanges in the world, has long advocated for clear, consistent regulations that would allow businesses to thrive within a defined legal framework. Anchorage Digital, a leader in crypto custody, has similarly lobbied for clarity on how digital assets should be treated by financial regulators.

DCG, the parent company of Grayscale, one of the largest asset managers in the crypto space, also participated in the lunch. DCG’s involvement reflects its ongoing efforts to influence legislative decisions regarding the future of digital asset management. As the largest institutional player in the crypto sector, DCG is concerned about how potential regulation could impact the broader industry, especially in terms of accessibility for institutional investors.

The Blockchain Association and the Digital Chamber, both of which represent a wide array of cryptocurrency-related companies, have been active in advocating for more comprehensive regulation that allows for innovation while addressing concerns related to market manipulation and security risks. Their participation at the lunch signals the need for a more balanced approach to regulation that considers both the opportunities and risks posed by digital currencies.

The event also underscored a growing push from the crypto community to have a seat at the table when it comes to shaping policy. Many industry leaders have expressed concerns over the lack of a clear, unified regulatory framework, which has led to confusion and a fragmented approach to cryptocurrency governance in the US. While some regulators advocate for a more stringent approach, others argue that excessive regulation could stifle innovation and push the industry overseas, potentially leading to the loss of jobs and investment opportunities.

The timing of the lunch is significant, with the White House crypto summit on the horizon. At the summit, President Biden and his administration are expected to engage with both industry leaders and regulatory bodies to discuss the future of cryptocurrency policy. The Republican push to engage with crypto advocates aligns with broader political efforts to ensure that the US remains a global leader in cryptocurrency innovation and adoption.

Some policymakers have called for a more cautious approach, citing the volatility of digital currencies and the potential for misuse in illegal activities such as money laundering or fraud. These concerns have prompted calls for stronger enforcement of anti-money laundering and know-your-customer rules within the industry. However, proponents of the industry argue that the technology behind cryptocurrencies, such as blockchain, offers a more secure and transparent way of conducting financial transactions, reducing the risks of fraud and criminal activity.

As the crypto industry becomes more integrated into the global financial system, the question of how it should be regulated is becoming ever more urgent. The crypto power lunch, which served as a precursor to the summit, represents a concerted effort by Republicans to shape the narrative around digital assets and ensure that any regulatory measures taken in the future reflect the industry’s input.

The impact of these discussions could be far-reaching. Should Congress and the White House agree on a comprehensive regulatory framework for cryptocurrencies, it could set the stage for widespread adoption and integration of digital assets into mainstream financial systems. For businesses operating in the sector, such clarity would provide a level of stability that has been lacking in recent years, potentially unlocking new opportunities for growth and innovation.

The White House is set to host a significant summit on March 7, aimed at discussing the future of cryptocurrency and digital assets. The event will see the participation of high-profile figures from the crypto industry, alongside members of the Presidential Working Group on Digital Assets. The gathering will provide a platform for leaders to discuss policy and regulatory frameworks surrounding digital currencies and their potential impact on the economy.

Among the 20 to 25 invitees are key players from some of the most influential companies in the crypto and blockchain sectors. The summit will bring together individuals who have shaped the industry through their work in technology, finance, and digital innovation. Some of the most prominent names on the guest list include Michael Saylor, the CEO of MicroStrategy, who is known for his advocacy of Bitcoin, Brian Armstrong, CEO of Coinbase, and Vlad Tenev, CEO of Robinhood.

Also attending are Arjun Sethi, CEO of Kraken, David Bailey, CEO of Bitcoin Magazine, and Matt Huang, co-founder of Paradigm. These leaders represent a cross-section of the cryptocurrency ecosystem, spanning exchanges, media, and venture capital firms. Other notable attendees include JP Richardson, CEO of Exodus, Kyle Samani, managing partner of Multicoin Capital, and Zach Witkoff, co-founder of WLFI. Sergey Nazarov, the co-founder of Chainlink, will also be present, further emphasizing the blockchain industry’s influence on the digital assets conversation.

The event’s significance extends beyond the individual discussions among these leaders. With the Biden administration focusing on digital assets and their regulatory framework, the summit marks a critical moment in the government’s ongoing effort to better understand the complexities of cryptocurrency markets. Attendees are expected to engage in dialogues that could shape the regulatory environment surrounding digital assets in the United States.

Over the past year, the U.S. government has shown an increasing interest in regulating the cryptocurrency industry. This heightened focus comes amid concerns over the volatility of digital assets, their potential for illicit use, and their long-term impact on financial markets. The summit at the White House is seen as a way to bridge the gap between policymakers and industry leaders, with the goal of crafting policies that support innovation while ensuring consumer protection.

A key topic likely to dominate discussions at the summit is the role of digital assets in the broader financial ecosystem. As cryptocurrencies become more mainstream, there is growing pressure to ensure that they operate within a clear regulatory framework. Some experts argue that without proper regulation, the risk of fraud, money laundering, and market manipulation could undermine trust in digital currencies. Others, however, advocate for a hands-off approach, arguing that overregulation could stifle innovation and limit the potential benefits of digital assets.

The White House summit is expected to focus on a range of issues, from the regulatory treatment of cryptocurrencies to their use in traditional financial markets. A major point of contention has been whether cryptocurrencies should be classified as commodities, securities, or a new class of assets entirely. This distinction has major implications for how they are taxed, traded, and regulated.

For many in the crypto space, this summit represents a critical opportunity to engage directly with policymakers and advocate for policies that support innovation. The presence of prominent figures like Michael Saylor, who has been vocal about his support for Bitcoin as a store of value, and Brian Armstrong, who has been an outspoken advocate for clearer regulatory guidelines, suggests that the meeting will feature a candid and open discussion on the future of digital assets.

One of the critical issues that attendees may address is the potential for a central bank digital currency in the U.S. While other countries, such as China, have made significant strides in developing CBDCs, the U.S. has been cautious in its approach. Some industry leaders are concerned that the introduction of a government-backed digital currency could undermine the decentralised ethos of blockchain technology and compete with private cryptocurrencies like Bitcoin.

At the same time, the growing interest in decentralized finance and non-fungible tokens is likely to feature in conversations. DeFi, in particular, has emerged as one of the most disruptive trends within the cryptocurrency space, offering financial services such as lending and borrowing without the need for traditional intermediaries like banks. This fast-evolving sector could pose challenges for regulators, who will need to balance fostering innovation while ensuring these platforms comply with existing financial laws.

Another important aspect of the summit will be the broader international context. As global governments begin to take action on cryptocurrency regulation, the U.S. faces increasing competition from other countries in setting the pace for crypto innovation. European countries, for example, have introduced their own regulatory frameworks for digital assets, while nations like El Salvador have adopted Bitcoin as legal tender. How the U.S. positions itself in this global race for regulatory leadership could have far-reaching consequences for the industry.

Telecommunications provider du has launched a new Travel eSIM service aimed at enhancing connectivity for transit passengers passing through the United Arab Emirates . This initiative allows travellers to maintain seamless data connectivity across more than 190 countries without the need for physical SIM cards.

The Travel eSIM is designed to offer convenience and affordability to international travellers. By scanning a QR code, users can activate the eSIM on their compatible devices, enabling immediate access to data services without the hassle of purchasing local SIM cards or incurring roaming charges. This digital solution aligns with the global shift towards eSIM technology, which integrates SIM functions directly into devices, eliminating the need for physical cards.

Fahad Al Hassawi, CEO of du, highlighted the company’s commitment to enhancing customer experiences: “Our Travel eSIM is a testament to du’s dedication to innovation and customer-centric solutions. We understand the needs of modern travellers and aim to provide them with seamless connectivity, no matter where they are in the world.”

The eSIM offers a range of data bundles tailored to different durations and data requirements. For instance, users can select packages that provide unlimited data for specific periods, such as one day or seven days, depending on their travel needs. This flexibility ensures that both short-term visitors and long-term travellers can find a plan that suits their usage patterns.

To activate the eSIM, travellers can visit du’s official website or authorized retailers to purchase a data bundle. After completing the purchase, they receive a QR code, which, when scanned, installs the eSIM profile on their device. It’s recommended to activate the eSIM upon arrival at the destination to ensure the data bundle period aligns with the travel schedule. Devices must be eSIM compatible and network unlocked to utilize this service.

The introduction of the Travel eSIM addresses common challenges faced by international travellers, such as the inconvenience of swapping physical SIM cards and the unpredictability of roaming charges. By offering a digital solution, du aims to streamline the connectivity process, allowing users to stay connected with ease.

In addition to data services, the eSIM provides access to local networks, enhancing the quality and reliability of the connection. This feature is particularly beneficial for business travellers who require consistent and high-speed internet access for work-related tasks.

The global eSIM market has been experiencing significant growth, driven by the increasing adoption of eSIM-compatible devices and the demand for flexible connectivity solutions. Analysts predict that the number of eSIM-enabled smartphones will continue to rise, further solidifying the importance of services like du’s Travel eSIM in the telecommunications industry.

Travellers have expressed positive feedback regarding the convenience of eSIMs. A user on a travel forum shared their experience: “I arrived in Dubai and was able to get a tourist eSIM from the Virgin mobile shop. It was a straightforward process and didn’t involve getting a normal SIM as a stepping stone.” Such testimonials underscore the practicality and user-friendliness of eSIM technology.

However, it’s essential for users to ensure their devices are compatible with eSIM technology. Most modern smartphones from leading manufacturers support eSIM functionality, but travellers are advised to verify compatibility before attempting to install the eSIM. Additionally, devices should be network unlocked to prevent any activation issues.