Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Solana co-founder Anatoly Yakovenko said he opposes a US national crypto reserve, warning that government control could undermine decentralization, defunct crypto exchange Mt. Gox has moved 12,000 Bitcoin amid a crypto market slump, and US President Donald Trump is expected to unveil plans for a strategic Bitcoin reserve on March 7.
Solana co-founder and CEO Anatoly Yakovenko said he would prefer no US crypto reserve, citing the risks to decentralization if a government was in charge.
On March 6, Yakovenko posted on X, sharing the order of his preferences regarding a US reserve of cryptocurrencies. The Solana co-founder said his No. 1 preference would be having no reserve because putting the government in charge may cause decentralization “to fail.”
