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This week, a compromise proposal regarding the yield section of the Clarity Act by U.S. Senators has sparked mixed reactions within the crypto industry. Coinbase has expressed dissatisfaction with the latest compromise text to the senator's staff but has not publicly stated opposition.The proposal was presented to stakeholders in the crypto industry on Monday, with some expressing dissatisfaction while others felt the outcome was better than expected. The proposal will instruct certain regulatory agencies to formulate rules to clarify the regulatory approach to yield-generating activities, but there are concerns that regulators may set subjective standards. Additionally, the text may limit companies' ability to tie rewards to the scale of stablecoin transactions.During this week's industry conference call, Coinbase had disagreements with other parties, with some companies believing that giving up certain stablecoin rewards is too costly, while others felt that losing the Clarity Act poses a greater risk to the overall legislative framework for the crypto industry. Previously, news related to this compromise proposal had impacted the market, with Circle's stock price dropping 20% on Tuesday and slightly rebounding on Wednesday.White House crypto advisor Patrick Witt criticized the related predictions on the X platform as "uninformed" and stated that "everything will be resolved." The final text is expected to be released this weekend or early next week.

Bitget recently released a promotional video for UEX, centered around the core proposition "Switch to Bitget, the Universal Exchange," interpreting a multi-asset unified trading scenario and encouraging traders to switch from fragmented single-asset platforms to an integrated cross-market trading entry.In response to the current macro environment where the correlation between cryptocurrency, U.S. stocks, gold, and foreign exchange markets continues to strengthen, Bitget previously upgraded the app's interactive experience, integrating crypto assets, stocks, and CFD products into a unified trading entry, allowing users to perform cross-market operations on the same interface, shortening the operational path by about 30% compared to the industry's conventional processes.Bitget CEO Gracy Chen stated that the traditional fragmented trading methods are causing users to continuously lose Alpha opportunities, and the goal of the panoramic exchange UEX is to eliminate operational friction between different markets, providing users with a unified and efficient global asset trading entry.

According to official social media news, Huobi HTX will hold a live broadcast today at 20:00 (UTC+8) on the theme "Institutional Acceleration: Is the Macro Pricing Power of BTC and ETH Shifting?" At that time, crypto KOLs such as Crypto.0824, DaDa, Xiao Jinbao, and Da Lin will be invited to attend and discuss popular topics such as the pricing logic of Bitcoin and Ethereum against the backdrop of continuous inflow of institutional funds, on-chain capital flows, ETFs, and the reshaping of the valuation system of crypto assets by macro liquidity.

CZ mentioned on social media when asked by users if they would stake ASTER that they might try staking ASTER.

BNY Mellon CEO Robin Vince stated at the Digital Asset Summit in New York that the next phase of adoption in the crypto industry will depend on large financial institutions, as banks can connect traditional finance with the digital asset ecosystem.Robin Vince mentioned that BNY Mellon has already provided digital asset custody services and emphasized that tokenization is a key focus area, including the creation of new digital share classes for money market funds to issue existing products in tokenized form. He also pointed out that sectors such as lending and real estate may benefit first from tokenization.Robin Vince emphasized that trust and regulation will affect the speed of industry development and stated that a clear regulatory framework with "clear rules" is needed. He added that the U.S. GENIUS Act has been passed, while the revised Digital Asset Market Clarity Act is still progressing, with ongoing controversies regarding the treatment of stablecoin yields; the latest compromise allows rewards related to user activity but does not permit interest payments on stablecoin balances. He also stated that institutional participation still relies on security and regulation, and that this process will take 5 to 15 years.Morgan Stanley's Amy Oldenburg stated that banks expanding into the crypto space is not driven by hype, but rather a progression after years of infrastructure development.

According to HyperInsight monitoring, Majid Brother Huang Licheng has just opened a long position on BTC, currently going long on 11 BTC with 40x leverage, with an average entry price of $71,131.1; still going long on 5,350 ETH with 25x leverage, with an unrealized profit of $79,000.

In the Gate contract sector, four TradFi products have entered the top three in market volume, covering precious metals and crude oil sectors. WTI crude oil XTIUSD ranks first with a market share of 65.75%; Brent crude oil also ranks first with a market share of 40.56%. In terms of precious metals, silver XAGUSD ranks third (share 7.92%); platinum XPTUSD ranks second (share 6.98%).Gate has fully launched a trading area for metals, stocks, foreign exchange, bulk markets, and indices in the contract sector, covering various contract trading targets including gold, silver, crude oil, euro, pound, Dow Jones Industrial, Hang Seng Index, etc. It supports 24/7 trading, with a maximum leverage of 100x, continuously providing users with a synergistic trading experience of crypto and traditional financial assets.

According to Crypto In America, representatives from the cryptocurrency industry and the banking sector will head to Capitol Hill to review legislative texts concerning the yield and reward mechanisms for stablecoins.Reports indicate that the White House has reached a preliminary compromise with senators on related provisions, with the core controversy being whether to allow cryptocurrency platforms to offer yields to stablecoin holders. The current draft may include provisions that restrict yields on idle balances in response to the banking industry's concerns about deposit outflows and impaired lending capacity.Additionally, the relevant legislative texts have not yet been made public, and the industry still lacks clear expectations regarding the specific content. The Senate Banking Committee may advance the review process after the Easter holiday.

According to BBX data, yesterday global listed companies showed a significant trend of shifting from "early adopters" to "traditional industry pillars" in their allocation of crypto treasuries. The core data is as follows:$100 million financing: HIVE Digital (TSX-V: $HIVE) announced yesterday that it raised $100 million through a private placement. The company clearly stated that, in addition to supporting the green energy upgrade of its Swedish data center, most of the funds will be used to purchase Bitcoin spot to maintain its "full retention" reserve discipline.500 strategic purchases: Mercari (TSE: 4385), Japan's largest second-hand trading platform, confirmed yesterday that it has completed its first batch purchase of 500 BTC. Mercari plans to use this as a liquidity asset for cross-border settlement on its platform, marking the official entry of Japan's retail e-commerce giant into the era of crypto treasuries.$50 million initial purchase: Viking Holdings (NYSE: $VIK) board approved a $50 million Bitcoin purchase plan yesterday. This cruise giant stated that this move aims to leverage the global liquidity of BTC to hedge against the exchange rate risks brought by multi-national fiat currency settlements.$100 million direct investment: Interactive Brokers (NASDAQ: $IBKR) disclosed in its latest financial report update that the company has directly converted $100 million in cash from its own treasury into Bitcoin. This is distinct from the brokerage services it provides to clients, demonstrating mainstream brokers' confidence in BTC as a "corporate-level asset."

Alex Thorn, the research director at Galaxy Research, posted on the X social platform pointing out that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a milestone digital asset classification guideline this Tuesday, officially categorizing digital assets into five types: digital commodities, digital collectibles, digital tools, stablecoins, and digital securities (tokenized securities), clearly stating that only the last category constitutes securities, which must be registered or exempted under federal securities law.This guideline, published as a committee-level interpretive rule in the Federal Register, explicitly replaces the "investment contract" analysis framework used since the Gensler era in 2019 and provides two clear paths for tokens to detach from securities characteristics: first, if the issuer fulfills its promised core management tasks, the investment contract is terminated, and the token can be freely traded as a non-security in the secondary market; second, if the issuer abandons the project or remains silent for a long time, the investment contract also terminates. Additionally, the guideline clarifies that airdrops, mining, and staking generally do not constitute securities transactions, and the packaging or unpackaging of assets does not change their securities characteristics.Alex Thorn believes that this guideline officially marks the end of the Gensler era's hostile regulatory stance towards the crypto industry, providing important clarity support for further institutional entry. However, he also cautions that interpretive rules are not legally binding and can be overturned by a new administration at any time, which is also the core reason for the industry's ongoing push for the CLARITY Act legislation.

Web3 asset data platform RootData released the second issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)", further focusing on the growth trend of stock assets in cryptocurrency exchanges. The statistics for this issue cover the period from March 9 to 15, significantly supplementing information on exchange traffic, market makers, and more. In terms of compliance, RootData deeply penetrated the official websites of various governments, including the U.S. FinCEN, the European Central Registry, and Canada's FINTRAC, obtaining and verifying the approval times, expiration dates, and real-time statuses of licenses, resulting in significant changes in the rankings.According to the rankings, Gate, Bybit, and Bitget occupy the top three positions, with Gate rising to first place mainly due to its transparency regarding market makers, custodians, and licensing information, while its average daily trading volume is second only to Binance Alpha. As RootData continues to expand its statistical coverage, Bitget's stock trading business was officially included in the evaluation system this week and jumped to third place on the list due to its solid market performance. MEXC and XT.com ranked lower due to missing licensing information.It is reported that RootData adheres to the principle of "transparency first" and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, thereby providing investors with more effective data references. The platform will continue to enhance and publish this ranking in the future.

A bill in Kentucky, USA, aimed at regulating cryptocurrency ATMs (HB380), has sparked controversy in the industry due to newly added hardware wallet-related provisions. Critics claim that the regulation may "effectively ban self-custody."The bill originally focused on operators of virtual currency kiosks, covering licensing, compliance requirements, transaction limits, and user protection. However, in the latest revision, new provisions require hardware wallet providers to "offer mechanisms and assist users in resetting access credentials," including passwords, PINs, and recovery phrases. Industry insiders point out that this requirement conflicts with the core design of non-custodial wallets. Since private keys and recovery phrases are solely controlled by the user, wallet providers themselves cannot access or recover this information, making the provision technically difficult to implement.Institutions like the Bitcoin Policy Institute have stated that such regulations effectively create a "backdoor" for wallets, undermining the security of crypto assets and potentially forcing users to turn to centralized custodial services. The bill still needs to be reviewed by the state Senate, and the relevant provisions may still be modified or removed.

According to the on-chain security report released by Immunefi, there were a total of 191 publicly disclosed attack incidents from 2024 to 2025, with total losses reaching $4.67 billion and cumulative losses over five years amounting to $11.9 billion, involving 425 attacks. In 2024, 94 attacks were recorded, while 97 occurred in 2025, with an overall frequency tending to stabilize.The median loss per attack decreased from the previous $4.5 million to about $2.2 million, but the average loss still reached approximately $24.5 million. The five largest incidents between 2024 and 2025 accounted for 62% of the total stolen funds, while the top ten accounted for 73%. Among them, the $1.5 billion attack on Bybit accounted for 44% of all losses in 2025 and 32% of the total losses over the two years. Although centralized exchanges were involved in only 20 of the 191 incidents, they bore more than half of the total losses, amounting to $2.55 billion. The tokens of the attacked projects averaged a decline of about 10% within two days of the incident, and the median decline reached 61% six months later, with approximately 84% of the affected tokens still below pre-attack levels after six months.

The contract whale "set 10 big targets first" has started to go long on BTC, using 5x leverage to go long on 9.437 BTC, with an average entry price of $70,027.66.Yesterday's report stated that the whale "set 10 big targets first" closed a short position worth $169 million, with estimated profits exceeding $7 million.

According to Defillama data, Gate's contract positions in the past 24 hours reached $10.215 billion, ranking in the top three across the network.

According to The Block, the Kenyan National Treasury released the draft of the "2026 Virtual Asset Service Provider Regulations" this Wednesday and opened a public consultation, with a deadline of April 10.The draft is based on the "Virtual Asset Service Provider Act" that came into effect on November 4, 2025, and was drafted by a multi-agency working group involving the Central Bank of Kenya and the Capital Markets Authority.

Gate announces the launch of its 13th anniversary global celebration, focusing on the theme "Your Gateway to iWeb3." Through in-depth dialogues with the founder and high-level global interactions, it aims to review its development and look ahead to industry trends with users and partners.As one of the early builders in the crypto industry, Gate has surpassed 50 million registered users and supports trading of over 4,500 assets, with spot and contract trading volumes ranking among the industry's leaders. The platform is accelerating its layout in AI and multi-asset financial systems, launching a TradFi trading area that introduces tokenized assets such as stocks, metals, indices, foreign exchange, and commodities. On the other hand, the platform is comprehensively enhancing its intelligent capabilities around infrastructures and applications like GateAI, Gate for AI, GateRouter, and GateClaw.On the occasion of its 13th anniversary, Gate will launch a series of online and offline interactive activities. The founder and CEO will engage in in-depth dialogues through live broadcasts, communicating industry trends and platform strategies with global users. At the same time, Gate will host a series of high-end global exchange activities, showcasing at Paris Blockchain Week, Hong Kong Web3 Carnival, and holding a brand 13th anniversary themed dinner in Hong Kong to further strengthen global connections.