What happened in Crypto in the last 12h:
- $BTC Touches $81K on Tariffs News
- Trump Says Tariffs on Canada, Mexico Take Effect March 4
- Trump Imposes 10% Additional Tariffs on China
- SEC, Consensus Agree to Dismiss Securities Lawsuit
- SEC Says Memecoins are Not Security
- Congressman Introduces Bill to Stop Politicians Memecoins
- Uniswap Launches Fiat Withdrawal Feature
- $SHELL Binance HODLer Airdrop
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• $BTC - Trump's tariff comments reignite tariff war fears, sending crypto markets, stocks lower. $BTC dips, touches 81K.
• Trump said the 25% tariffs on Canada and Mexico will go into effect on March 4. The April 2 he mentioned yesterday appears to be a date mix-up. April 2 is the effective date of reciprocal tariffs. Canada's prime minister has said that if the U.S. imposes tariffs next week, we will have an immediate and very strong response.
• Trump announced an additional 10% tariff on China, which will bring the total tariffs on China to 20%, effective March 4th.
• Consensus' Joseph Lubin announced that the SEC has agreed to dismiss a securities lawsuit involving MetaMask.
• The SEC issued guidance that most memecoins, tokens derived from memes, are not considered securities.
• Rep. Sam Liccardo will introduce a bill that would block the president, members of Congress and other senior officials, as well as their spouses and children, from issuing or sponsoring securities and cryptocurrencies like memecoins.
• $UNI - Uniswap Labs has released native fiat withdrawal (off-ramp) functionality, allowing users to convert crypto assets to fiat directly from their Uniswap wallets and deposit them into their bank accounts.
• $SHELL $BNB - Binance has announced MyShell AI ($SHELL) on Binance HODLer airdrop. $SHELL is listed on Binance and is trading at $0.59, up about 22% since the HODLer airdrop announcement.