Monetary Policy

The Federal Reserve, FDIC, and OCC jointly issued guidelines, clearly stating that tokenized securities should follow the same capital requirements as traditional securities, emphasizing neutrality regarding technological forms to promote the development of blockchain assets, reduce regulatory concerns, and enhance the business flexibility of financial institutions.

From 01:30 to 01:45 (UTC) on March 6, 2026, ETH achieved a return of +0.99% within 15 minutes, with a price range of 2065.42 to 2088.57 USDT, and an amplitude of 1.12%. The volatility during this window was significantly higher than the daily average, increasing short-term market attention. Liquidity was relatively low, and some large transactions drove the trading volume upward. The main driver of this abnormal movement was the concentrated inflow of whale funds into decentralized exchanges and large transfers. On-chain monitoring detected multiple large ETH fund inflows into DeFi protocols and trading platforms, effectively pushing

The Federal Reserve has issued guidelines stipulating that banks should treat tokenized securities equally with traditional securities when calculating regulatory capital, emphasizing the principle of technological neutrality. No special legislation is required; banks can operate under the existing framework. This move provides a stable policy foundation for tokenization businesses, promotes market growth, and reduces compliance costs.

The weekly net inflow into stablecoins has seen a strong rebound over the past week, as on-chain activity increased despite ongoing debates between U.S. lawmakers and banking groups about whether third parties should be allowed to pay interest on stablecoins. This is the information

Influenced by Middle East conflicts and inflation concerns, U.S. Treasury yields continue to rise. Initial jobless claims remain at 213,000, and the January import price index growth was below expectations. The market expects non-farm employment to decline, while the futures market anticipates the Federal Reserve will cut interest rates only once by 2026. The 10-year U.S. Treasury yield rose to 4.134%.

U.S. stablecoin giant Circle recently surged nearly 8% in stock price, hitting a four-month high, due to soaring oil prices and a cooling of interest rate cut expectations. Mizuho Securities raised its target price to $100, while maintaining a "Neutral" rating, but became more optimistic about profit prospects. Analysts believe that if the Federal Reserve continues to keep interest rates high, Circle's revenue will benefit accordingly, but market competition and regulatory pressures should still be watched carefully.

Trump recently expressed support for digital assets, promoting regulatory discussions. Market sentiment has improved, and Bitcoin's price has risen by about 7%, with multiple crypto concept stocks also gaining. Analysts believe that changes in the regulatory environment and ETF capital inflows are driving the rise, but future legislative stagnation or price corrections could impact the performance of crypto stocks.

The conflict between US cryptocurrency regulation and traditional banking is intensifying. Eric Trump criticized large banks for blocking stablecoin yields, claiming it is an effort to maintain a "low interest rate monopoly." At the same time, Trump also accused lobbying groups of hindering the progress of crypto legislation. The congressional bill on stablecoins is moving slowly and faces disputes from all sides. If no consensus is reached, it could lead to ongoing regulatory uncertainty for the crypto industry.

Eric Trump accuses large banks of using lobbying groups to block stablecoins and crypto platforms from offering high annual yields, calling it systemic exploitation. Stablecoins like Coinbase USDC and MakerDAO DAI offer interest rates higher than traditional banks. The controversial CLARITY Act may restrict interest payments on stablecoins, with crypto supporters arguing that this move protects the interests of traditional banks.

Cryptocurrency exchange Kraken becomes the first company to hold a main account with the U.S. Federal Reserve, allowing direct settlement of USD transactions. However, this has sparked strong opposition from the banking industry, which is concerned about potential threats to financial stability. Stablecoins could lead to a $6.6 trillion outflow of deposits, affecting lending costs. Trump supports the crypto agenda, accusing banks of obstructing legislation, indicating his political stance and vested interests.

Trump has nominated Kevin Wash to serve as Federal Reserve Chair for a four-year term, and he has also served as a board member for fourteen years. As a Bitcoin supporter, Wash's stance has attracted attention in the crypto market, but his confirmation process faces resistance from the Democratic Party, with the core issue being the preservation of the Federal Reserve's independence. Additionally, U.S. crypto asset regulation still has a vacuum, and a new CFTC commissioner is urgently needed.

Bitcoin broke through $72,000 on March 5, driven by three major macro factors: diplomatic contact between Iran and the US CIA, Federal Reserve officials supporting interest rate cuts, and US escorting oil tankers promising to reduce energy supply risks. Strong economic data further supported market risk sentiment.

ChainCatcher reports that, according to Jintou, CME "Federal Reserve Watch" shows a 97.3% probability that the Federal Reserve will keep interest rates unchanged until March, and a 2.7% chance of a 25 basis point rate cut. By April, the probability of a total 25 basis point rate cut is 12.5%, the probability of holding rates steady is 87.3%, and the probability of a total 50 basis point cut is 0.3%. By June, the probability of a total 25 basis point rate cut is 32.1%.

Author: Fenrir, Crypto City From the regulatory gray area to the mainstream, the UK Gambling Commission explores the possibility of crypto asset payments The UK Gambling Commission (UKGC) recently signaled a major policy shift, planning to formally explore the integration of cryptocurrencies into compliant gambling markets. During the annual conference of the Betting and Gaming Council (BGC) in London, the commission’s Director of Research and Policy Implementation, Tim Miller, pointed out that digital assets are transitioning from the regulatory gray area to mainstream payment options. Image source: Lottery Daily | UK Gambling Commission (UKGC) Director of Research and Policy Implementation Tim Miller This move reflects the UK government’s commitment to establishing the country as a global “crypto hub,” and aims to connect one of the largest economic pillars domestically with modern consumer payment preferences. According to statistical data, currently

The article discusses the background and significance of the Qivalis alliance launching a euro-pegged stablecoin, marking Europe's banking system's response to on-chain finance and aiming to counter the influence of dollar stablecoins. The alliance consists of 12 major banks, emphasizing a robust reserve mechanism to attract institutional investors and promote the application of stablecoins in the digital asset space. The article suggests that future on-chain finance may evolve into a multi-sovereign clearing structure, rather than being centered solely around the US dollar.

Under the influence of the Middle East conflict, Bitcoin has risen against the trend, reaching a one-month high, and the overall crypto market is recovering. Factors driving the increase include expectations of fiat currency devaluation, optimistic sentiment about conflict easing, and the upcoming passage of the CLARITY Act, which is expected to benefit the legal status of stablecoins.

The ECB warns that increasing stablecoin adoption could threaten Europe's banking system by reducing bank deposits, impacting lending, and complicating monetary policy. The report emphasizes the need for balanced regulation to manage digital finance's growth and stability.

Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge. Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in

In the ongoing battle over stablecoin yields sparked by the 《CLARITY Act》, the most influential leader on Wall Street, JPMorgan Chase CEO Jamie Dimon, has spoken out, emphasizing that the banking industry is actively seeking to have "a fair playing field" with cryptocurrency companies. He also issued a stern warning: any stablecoin offering interest-like returns to users should be treated the same as bank deposits and subject to the same rigorous regulatory framework. On Monday, Jamie Dimon told CNBC that if crypto companies want to pay "interest-like" rewards to stablecoin holders, they should be regulated just like banks. He said: "The banking industry’s position is very clear: what we call 'rewards' are essentially 'interest.' If you hold customer funds and pay interest, you are in the banking business. In essence,"