Weekly Preview | California Opens Digital Asset License Application Channel; Aptos (APT) to Unlock Tokens Worth Approximately $10.5 Million

marsbitPublished on 2026-03-08Last updated on 2026-03-08

Abstract

This week in crypto and finance features significant regulatory developments, economic data releases, and key token unlocks. California's Digital Financial Assets Law (DFAL) licensing application portal opens on March 9, requiring crypto service providers to comply by July 1, 2026. The UK's Treasury Committee closes its consultation on stablecoin regulation on March 11. Major economic data includes the US releasing February's CPI and core CPI figures on March 11. In project updates, Polkadot will implement a major economic overhaul on March 12, capping DOT's total supply at 2.1 billion and introducing new staking mechanics. Several tokens have unlocks this week: Movement (MOVE) unlocks $3.4M on March 9, io.net (IO) unlocks $1.3M on March 11, Aptos (APT) unlocks $10.5M on March 13, and Starknet (STRK) and Sei (SEI) unlock $4.8M and $3.6M respectively on March 15. Other events include a财报电话会 for Sharplink, Ethereum Day in Hong Kong focusing on AI and DeFi, and Neutron deploying a bug fix on March 9.

Key Events Preview:

  • California announces the enforcement of digital asset license regulations, with the license application channel opening on March 9
  • Sharplink to hold its 2025 earnings call on March 9
  • Polkadot plans to implement economic model reforms starting March 12, limiting the total supply of DOT to 2.1 billion tokens
  • On Wednesday, March 11, at 20:30, the US will release the February unadjusted CPI annual rate and unadjusted core CPI annual rate
  • Aptos (APT) will unlock approximately 11.31 million tokens at 6:00 AM Beijing Time on March 13, accounting for about 0.69% of the current circulating supply, with a value of approximately $10.5 million

March 9

Policy & Regulation:

California announces enforcement of digital asset license regulations, application channel opens March 9

The California Department of Financial Protection and Innovation recently officially released the implementation rules for the Digital Financial Assets Law (DFAL), clearly stipulating that any individual or institution providing crypto-related services to California residents must obtain a DFAL license, submit a license application, or obtain an exemption by July 1, 2026, or face enforcement action. The license application channel will officially open on March 9 through the Nationwide Multistate Licensing System, and the regulator has also scheduled an industry training session for March 23.

Project Updates:

Sharplink to hold 2025 earnings call on March 9

Sharplink announced that it will hold its full-year 2025 earnings call at 8:30 AM ET on Monday, March 9, where management will release the full-year financial results and conduct a live Q&A. Investors can listen to the call via toll-free number, international long distance, or webcast; the organizer also provides a "call me" callback option for quick access. The company also stated that a replay will be available approximately 3 hours after the call, accessible until March 23 via phone or the investor page on the official website.

DoubleZero to launch Phase 2 delegation plan on March 9, optimizing global distribution of Solana validators

DoubleZero, a crypto infrastructure startup co-founded by former Solana Foundation executive Austin Federa, will launch the second phase of its delegation plan on March 9, redistributing 2.4 million SOL from its 13 million SOL pool to reward validators operating in underrepresented regions such as São Paulo, Singapore, Hong Kong, and Tokyo. Each region will receive up to 600,000 SOL in additional delegated staking incentives, aiming to reduce the increasingly concentrated geographic distribution of Solana validators in Europe and introduce the "multicast" data transmission function widely used in traditional finance. Federa stated that an unintended consequence of blockchain speed increases is the tendency for validators to co-locate, similar to the early days of high-frequency trading on Wall Street where firms raced to place servers near the NYSE.

Neutron: White hat hacker discovers vulnerability, fix to be deployed on March 9

Cosmos cross-chain smart contract platform Neutron posted on X that a white hat hacker discovered a vulnerability through its bug bounty program. To fix this vulnerability, a patch is planned for deployment. Currently, order book and super vault (deposit, withdrawal, etc.) functions are suspended and are expected to be back online on March 9. Neutron added that platform funds are safe and unaffected, and users need not take any action for now.

Cross-game digital asset exchange platform Nexira plans TGE on March 9

Cross-game digital asset exchange platform Nexira plans its Token Generation Event (TGE) on March 9. Additionally, the official stated that Commemoration Bonuses will be launched soon. Nexira was originally scheduled for TGE on February 25, but due to CEXs extending their Lunar New Year holidays, the team decided to postpone it by 5 to 10 days. Furthermore, the official stated that Ruby rewards will be increased to 150 million or more (originally 50 million). The team is continuously conducting airdrop verification to detect fraud and farming activities.

Token Unlocks:

Movement (MOVE) will unlock approximately 164 million tokens at 8:00 PM Beijing Time on March 9, accounting for about 5.18% of the current circulating supply, with a value of approximately $3.4 million

March 10

Exchanges:

Binance updates fiat liquidity provider program, promotional fee rates effective March 10

Binance has updated its Fiat Liquidity Provider Program. As part of an ongoing promotion, the maker fee rebate rate for secondary USD trading pairs will be adjusted from -0.01% to -0.015%. The promotional fee rates will take effect from 08:00 on March 10, 2026, until further notice. Performance assessment will begin at 08:00 on March 2, 2026.

March 11

Macroeconomics:

On Wednesday, March 11, at 20:30, the US will release the February unadjusted CPI annual rate, unadjusted core CPI annual rate; seasonally adjusted CPI monthly rate, seasonally adjusted core CPI monthly rate;

Policy & Regulation:

UK Treasury Committee launches stablecoin inquiry, call for evidence closes March 11

The UK Treasury Committee has launched an inquiry into stablecoins, inviting submissions from interested parties on the growth of stablecoins in the UK and proposed regulatory issues. The deadline for submitting written evidence is March 11, 2026.

The inquiry includes 6 key questions on stablecoins:

  • The development of the global stablecoin market and issuance since 2014, and a comparison of the UK market with the US and EU;
  • The future development prospects, user base, and uses of GBP-denominated stablecoins, and the impact of current regulatory rules;
  • The opportunities and risks stablecoins (GBP and USD-denominated) pose to the UK economy, financial services sector, and retail users, including potential impacts on monetary policy, traditional financial intermediation, and financial crime;
  • The impact of stablecoin development on the statutory objectives of the Bank of England (BoE), Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA);
  • The impact of the proposed regulatory regimes by the Bank of England and FCA on the adoption of systemic and non-systemic stablecoins within the UK and internationally;
  • Lessons the UK can learn from the stablecoin regulatory approaches of jurisdictions like the US and EU.

Community Events:

Ethereum Day to be held in Hong Kong on March 11, focusing on AI, RWA, and DeFi

Ethereum Day: AI / RWA / DeFi, a themed event jointly organized by the Ethereum Foundation's Ethereum Everywhere team, SNZ, and ETHTAO, will be held at the Hong Kong Ethereum Community Hub on March 11. The event will feature representatives from the Ethereum Foundation, Adrian Li and Tiena Sekharan, focusing on the intersection and integration of the three cutting-edge fields: AI, RWA, and DeFi. The agenda includes an Ethereum Foundation 2026 update, as well as two in-depth thematic discussions: "How RWA Bridges CeFi and DeFi" and "The Synergy between AI and Blockchain".

Token Unlocks:

io.net (IO) will unlock approximately 13.29 million tokens at 8:00 PM Beijing Time on March 11, accounting for about 4.37% of the current circulating supply, with a value of approximately $1.3 million

March 12

Project Updates:

Polkadot plans to implement economic model reforms starting March 12, limiting DOT total supply to 2.1 billion tokens

Polkadot will implement a series of economic structure adjustments starting March 12, 2026. The core of this reform includes: setting a hard cap on the total supply of DOT at 2.1 billion tokens; introducing a Dynamic Allocation Pool (DAP) to replace the original treasury burn mechanism, depositing transaction fees, Coretime sales revenue, and slashing proceeds into a perpetual account for dynamic budget allocation; and issuing 13.14% of the remaining supply every two years, with the initial phase issuance being 53.6% lower than the current model. Additionally, the staking mechanism will see major updates: from mid-to-late March, validators will need to hold at least 10,000 DOT in slashable self-stake and set a minimum commission rate of 10%; starting in April, nominators will become non-slashable, and the unstaking period will be significantly shortened from 28 days to 24-48 hours.

March 13

Exchanges:

Upbit to delist Solar (SXP) and Oasys (OAS) on March 13

Upbit will delist Solar (SXP) and Oasys (OAS) on March 13.

Project Updates:

Fabric: ROBO token claim open until March 13

The Fabric Foundation previously tweeted that the ROBO token claim page is open to eligible users who have signed the terms. Users can claim ROBO tokens until 11:00 on March 13.

Token Unlocks:

Aptos (APT) will unlock approximately 11.31 million tokens at 6:00 AM Beijing Time on March 13, accounting for about 0.69% of the current circulating supply, with a value of approximately $10.5 million

March 14

None

March 15

Token Unlocks:

Starknet (STRK) will unlock approximately 127 million tokens at 8:00 AM Beijing Time on March 15, accounting for about 4.40% of the current circulating supply, with a value of approximately $4.8 million

Sei (SEI) will unlock approximately 55.56 million tokens at 8:00 PM Beijing Time on March 15, accounting for about 1.00% of the current circulating supply, with a value of approximately $3.6 million

Trending Cryptos

Related Questions

QWhat is the regulatory development in California regarding digital assets, and when does the application process open?

ACalifornia's Department of Financial Protection and Innovation has officially released the implementation rules for the Digital Financial Assets Law (DFAL). It requires any individual or institution providing crypto-related services to California residents to obtain a DFAL license, submit a license application, or obtain an exemption by July 1, 2026. The license application channel will officially open on March 9 through the Nationwide Multistate Licensing System.

QWhat significant economic model reform is Polkadot (DOT) implementing, and what is the new total supply cap?

APolkadot is implementing a series of economic architecture adjustments starting March 12, 2026. The core of the reform includes setting a hard cap on the total DOT supply at 2.1 billion tokens.

QHow many APT tokens will be unlocked on March 13th, and what is their approximate value?

AApproximately 11.31 million APT tokens will be unlocked on March 13th at 6:00 AM Beijing Time, with an approximate value of $10.5 million.

QWhich major U.S. economic indicator is scheduled for release on March 11th, and what time will it be announced?

AThe U.S. February unadjusted Consumer Price Index (CPI) year-over-year rate and unadjusted core CPI year-over-year rate, along with the seasonally adjusted CPI month-over-month rate and core CPI month-over-month rate, are scheduled to be announced on Wednesday, March 11th, at 20:30 (8:30 PM) local time.

QWhat is the purpose of DoubleZero's second-phase delegation plan starting March 9th on the Solana network?

ADoubleZero's second-phase delegation plan aims to optimize the global distribution of Solana validators. It will reallocate 2.4 million SOL from its 13 million SOL pool to reward validators operating in underrepresented regions like São Paulo, Singapore, Hong Kong, and Tokyo, with up to 600,000 SOL of additional delegated staking incentives per region. This is intended to reduce the increasing geographical concentration of validators in Europe.

Related Reads

Annual Salary of Millions Competing for Electricians, Meta Rushes to Open Its Own Technical School

The AI boom is facing an unexpected bottleneck: a severe shortage of skilled construction workers and electricians. As tech giants like Meta, OpenAI, and Alphabet race to build massive data centers—such as OpenAI's $16 billion "Stargate" project—they are hitting a critical labor wall. The U.S. needs an estimated 130,000 more electricians, 240,000 construction workers, and 150,000 supervisors by 2030 for AI infrastructure alone, but tens of thousands of electrician jobs go unfilled each year. While AI companies offer high premiums, with electricians earning up to $280,000 annually, worker scarcity still causes massive losses—delays on a single project can cost $14.2 million per month. The complexity of building AI data centers, which require immense power (equivalent to powering hundreds of thousands of homes), sophisticated electrical systems, and advanced liquid cooling solutions, demands highly skilled technicians who are in short supply. To combat this, companies are investing heavily in training. Meta has committed $115 million to a free training school offering tuition, housing, and stipends, targeting 5,000 new workers. OpenAI is partnering with unions to secure skilled labor. These efforts are paying off, with a significant rise in Gen Z interest in trade schools over college. However, the power demands are staggering. AI data centers are driving a rapid surge in electricity consumption, projected to account for up to 12% of U.S. power use by 2028 and raising costs for consumers. Furthermore, the construction boom is project-based, leading to a potential future glut of trained workers once building peaks, which could depress wages industry-wide. The race for AI supremacy now depends as much on skilled hands as on advanced chips.

marsbit8m ago

Annual Salary of Millions Competing for Electricians, Meta Rushes to Open Its Own Technical School

marsbit8m ago

OpenAI No Longer Sells Its Most Expensive Model for Profit

OpenAI is shifting its business strategy away from promoting its most expensive, flagship models for every task. Recent price cuts—80% for GPT-5.6 Luna and 20% for Terra—signal a deeper change: the company now actively advises users that many tasks don't require the most powerful model. Instead, OpenAI recommends a tiered approach: use the high-end GPT-5.6 Sol for complex planning and analysis, then delegate execution to cheaper models like Luna. This mirrors moves by Anthropic, which recently launched Claude Opus 5 at half the price of its top model, Fable 5. Both companies are de-emphasizing flagship models as primary revenue drivers, using them instead for brand prestige and technological showcases. The industry is entering a "mass-market" phase, similar to automotive, where high-volume, cost-effective models handle daily operations and drive scale. OpenAI's price reductions are partly enabled by AI models themselves optimizing underlying code and infrastructure, creating a self-reinforcing cycle of efficiency gains and cost reduction. Competition is shifting from "who is smartest" to "who offers the best value." The goal is no longer selling individual models but fostering widespread API adoption and ecosystem lock-in. By making AI calls cheap and ubiquitous, companies like OpenAI aim to become the indispensable, utility-like infrastructure powering automated workflows—the "water and electricity" of software, quietly embedded everywhere.

marsbit8m ago

OpenAI No Longer Sells Its Most Expensive Model for Profit

marsbit8m ago

Will the Fed Definitely Raise Interest Rates in September? How Will Crypto and U.S. Stocks Withstand the Pressure?

The market's expectation for a September Fed rate hike surged dramatically in early August, jumping from under 50% to over 80% within a week. This shift followed a contentious July FOMC meeting, where a 9-3 vote to hold rates revealed growing dissent from hawkish members advocating for an immediate hike to combat persistent inflation. The primary catalyst for this repricing is rising oil prices, driven by renewed geopolitical tensions around the Strait of Hormuz, which threaten global supply. Energy costs directly influence inflation metrics, making the upcoming July CPI report (due August 12th) a critical data point. If it shows inflation reaccelerating, the probability of a September hike will solidify. For Bitcoin and crypto assets, this is typically bearish news. Bitcoin continues to behave as a high-beta, liquidity-sensitive risk asset. A rate hike raises the opportunity cost of holding non-yielding assets and could drive capital toward money markets, pressuring crypto prices in the short term. However, historical patterns suggest that if a hike is perceived as the end of a tightening cycle rather than the start, any negative price impact may be brief. U.S. stocks, particularly crypto-linked equities like Coinbase and growth-oriented tech stocks, are also vulnerable. Higher rates increase discount rates in valuation models, putting pressure on high-multiple companies. This coincides with a pivotal tech earnings season where investor focus has shifted from massive AI capital expenditure to tangible revenue and cash flow generation. Companies with negative cash flow and weak growth narratives could face heightened volatility if borrowing costs rise in September. In summary, a September Fed hike has evolved into a mainstream market scenario. Key factors to watch are oil prices, the July CPI report, and Fed communications, which will determine the final decision and its impact on volatile crypto and equity markets.

marsbit19m ago

Will the Fed Definitely Raise Interest Rates in September? How Will Crypto and U.S. Stocks Withstand the Pressure?

marsbit19m ago

Trading

Spot

Hot Articles

How to Buy APT

Welcome to HTX.com! We've made purchasing Aptos (APT) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Aptos (APT) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Aptos (APT)After purchasing your Aptos (APT), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Aptos (APT)Easily trade Aptos (APT) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

2.6k Total ViewsPublished 2024.03.29Updated 2026.06.02

How to Buy APT

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of APT (APT) are presented below.

活动图片