The United States imposes sanctions on Lebanon's gold trading company Jood SARL

BWA Chairman Dilip Chenoy Advocates Investor Education and Responsible Crypto Ecosystem

BWA Chairman Dilip Chenoy participated in the Q & A. He called for thorough independent verification before crypto investment. The immediate step for victims is to register a complaint with the authorities. Dilip Chenoy, Chairman of Bharat Web3 Association (BWA), interacted with the media and pa

The Hong Kong Monetary Authority's first batch of stablecoin licenses will be issued after the two sessions, with fewer than 4 companies.

Gate News Report, March 11 — The Hong Kong Monetary Authority's first batch of stablecoin licenses will be issued after the Two Sessions, with fewer than 4 companies in the initial batch. It is reported that RD Technologies, the issuer of the stablecoin participating in the HKMA's "sandbox" testing, will not be awarded a license in the first batch. The company was founded by former HKMA Chief Executive Chen De-lin. The HKMA previously revealed that a total of 36 institutions submitted applications for stablecoin licenses in the first round, but emphasized that the number of licenses issued in the initial batch will definitely not be large, with a focus on cautious and prudent approval.

Major Shift in U.S. Cryptocurrency Regulation: CFTC and SEC Join Forces to Promote "Project Crypto," DeFi and Perpetual Contracts May Be Included in New Regulations

CFTC Chairman Mike Selig stated at the conference that the United States will accelerate the development of a regulatory framework for digital assets, focusing on prediction markets, DeFi, crypto contracts, and other areas. At the same time, the CFTC is strengthening coordination with the SEC to resolve regulatory disagreements, which is expected to promote market compliance and innovative development.

Bitcoin ATM scam causes 333 million yuan in losses annually; Minnesota plans to ban it entirely

Minnesota considers a complete ban on Bitcoin ATMs after scams resulted in $333 million in losses, especially among elderly victims. Law enforcement has difficulty tracking the flow of funds, and the industry remains cautious about the ban, believing that banning alone cannot fundamentally solve the scam problem. Legislators need to evaluate more effective regulatory measures.

U.S. Senator Warns: Stablecoin Yield Disputes Slow Crypto Legislation, Banks and Crypto Industry Must Accept Compromise

The U.S. Senate is advancing legislation on the structure of the crypto market, with stablecoin yield issues becoming a point of controversy. Democratic Senator Angela Alsobrooks and Republican Senator Tom Tillis are working together to seek a compromise, emphasizing the need to find a balance between the crypto industry and the banking sector to avoid impacting financial stability. The banking industry hopes to restrict stablecoin yield payments to prevent capital outflows from the banking system, while the crypto industry opposes this restriction, arguing that yields are key incentives for users. Future regulatory frameworks need to consider the interests of both sides.

U.S. "CLARITY Act" Advancement Stalled: Stablecoin Yield Dispute Becomes the Key, Legislative Window Remaining Only a Few Months

The CLARITY Act is progressing slowly in the U.S. Senate, mainly due to disagreements over stablecoin yield mechanisms. Senators are seeking a compromise, but the banking industry remains cautious, hoping to pass legislation before the 2026 elections. Time is tight, and whether the bill will pass remains uncertain.