Crypto markets upbeat as Trump's Liberation Day for tariffs may be narrower than thought.

Plus, does the IMF think Bitcoin is digital gold?

It's Monday. March 24th, 2025. I'm Christine Lee.

Let's find out on CoinDest Daily.

Crypto markets showing positive signs early Monday, along with global equities amid reports suggesting Trump's upcoming Liberation Day for tariffs due on April 2nd may be more targeted than broad-based as occasionally threatened.

Instead, a reciprocal tariff policy to impose duties on imports matching the tariffs to other

countries placed on U.S. goods is being explored, targeting trade partners like China, Canada,

and Mexico.

The policy is still under debate within Trump's economic team aims to boost American manufacturing

but raises concerns about higher consumer prices and trade retaliation. Tether is

negotiating with a big four accounting firm to conduct a long-awaited audit of its reserves.

A move CEO Paulo Ardoino says is more feasible under U.S. President Donald Trump's pro-crypto

administration. Commerce Secretary Howard Lutnik is the former CEO of Kent Fitzgerald, which

manages Tether's significant holdings of over $94 billion in U.S. Treasury bills. The audit will

enhance transparency for Tether's $140 billion pegged stable coin, which has relied on quarterly

reports rather than full audits. Reuters reporting Arduino views this as a top priority and hired a new CFO earlier this month to steer tether towards a full audit.

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