The Bank of Korea is recruiting 10 new employees, with some positions requiring 5 years of cryptocurrency industry experience, to research the impact of digital assets. This recruitment is synchronized with the restart of the CBDC plan, with the goal of distributing 25% of government subsidies in digital won before 2030 and lifting the ban on cryptocurrencies.

BlockBeats News: On March 25, the UK Labour Party announced that it would implement a "temporary ban" to suspend political organizations from accepting cryptocurrency donations until relevant regulatory frameworks are improved, in response to the risk of foreign interference in elections. This measure is seen as potentially directly impacting the Reform Party's funding sources. Previously, the party led by Nigel Farage had received substantial donations from cryptocurrency industry figures. The UK government stated that this move aims to enhance political funding transparency and public trust, while the relevant ban will apply retroactively to cryptocurrency donations from today onwards.

The UK government will release a review report on political financing regulations, which is expected to ban political parties from accepting cryptocurrency donations to prevent foreign fund interference in democracy. This move was prompted by the conviction of a former Welsh leader for accepting cryptocurrency bribes.

Circle Internet Group stock price plummeted 20%, with a market value loss of $4.6 billion, due to the draft "Digital Asset Market Transparency Act" prohibiting passive income provision to stablecoin holders. Despite short-term impacts on application restrictions, analysts believe the act will build regulatory moats for Circle, optimizing its business model. Additionally, Tether commits to accepting audits to enhance transparency. USDC's future performance will influence market trends.

March 23rd, two U.S. senators plan to introduce legislation to ban prediction market platforms from listing contracts related to sports events, arguing that these markets infringe on consumer rights and tribal sovereignty, and calling for state government regulation of gambling activities that may lead to youth addiction. This move could reshape the regulatory landscape for sports betting and prediction markets.

Meta clarified that its $80 billion loss primarily stems from accumulated losses in its Reality Labs division, which encompasses not only the metaverse but also Quest VR headsets and Ray-Ban AI glasses. Reality Labs continues to operate, with projected single-year losses exceeding $19 billion in 2025.

March 19th, if the CLARITY Act passes, a certain CEX may face stablecoin rewards restrictions, affecting its user attraction strategy. Despite potential bans, analysts believe the impact on the CEX is limited, as its spot trading and derivatives remain important revenue sources. The CEO emphasizes the importance of stablecoin incentives in maintaining competitiveness.

Gate News report: On March 17, U.S. Senator Chris Murphy and Representative Greg Casar introduced a new bill called the BETS OFF Act, which aims to prohibit government officials from participating in prediction market bets while in possession of insider information. The bill specifically targets suspected insider trading activities in events related to U.S. operations in Venezuela, Iran, and other locations, aiming to restrict officials from profiting through sensitive policy and military information.

Ledger Asia-Pacific head Shibayama stated that if the US implements a stablecoin yield ban, international discussions will increase. Countries like Australia have already provided regulatory exemptions, and currently most stablecoins do not offer yields to users. US regulatory legislation is progressing slowly due to opposition to ban clauses supported by the banking industry. Asian financial institutions have shifted their focus toward tokenization of financial products and stablecoin issuance, rather than crypto-native products like DeFi.

X platform product head Nikita Bier responded to user account suspension issues, stating that due to errors in the new spam filtering system, some normal accounts were mistakenly flagged as spam accounts, with approximately 99% already restored. The platform will continue to increase investment and upgrades to its anti-spam tools.