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according to Alex Thorn, head of research at Galaxy Research, the US Department of the Treasury submitted a report to Congress under the GENIUS Act, recommending that DeFi should clearly bear anti-money laundering and counter-terrorism financing (AML/CFT) obligations, and consider establishing a "hold law" safe harbor mechanism for digital assets, allowing institutions to temporarily freeze assets when investigating suspicious transactions without a court order.

[The U.S. Treasury Department has proposed establishing a "safe harbor" mechanism for digital assets, allowing institutions to temporarily freeze suspicious funds.]according to Alex Thorn, head of research at Galaxy Research, the US Department of the Treasury submitted a report to Congress under the GENIUS Act, recommending that DeFi should clearly bear anti-money laundering and counter-terrorism financing (AML/CFT) obligations, and consider establishing a "hold law" safe harbor mechanism for digital assets, allowing institutions to temporarily freeze assets when investigating suspicious transactions without a court order.

The U.S. Treasury Department has proposed establishing a "safe harbor" mechanism for digital assets, allowing institutions to temporarily freeze suspicious funds.

On March 8, it was reported that the prediction market Kalshi is facing a class-action lawsuit due to settlement issues related to prediction event contracts involving the Iran war. The plaintiffs claim that the platform failed to pay appropriate rewards to users of the relevant contracts. The dispute mainly centers around the event contract related to "whether Khamenei will step down." Previously, Kalshi CEO Tarek Mansour openly opposed profiting from individual deaths and stated that the fees related to this event contract market would be refunded. This dispute occurred against the backdrop of a surge in trading volume in geopolitical prediction markets, which once attracted a large number of users and also sparked ethical and regulatory debates about whether trading on events related to war or individual deaths should be allowed.

[Kalshi, a prediction market firm, faces a class-action lawsuit over a dispute related to the settlement of contracts with Iran.]On March 8, it was reported that the prediction market Kalshi is facing a class-action lawsuit due to settlement issues related to prediction event contracts involving the Iran war. The plaintiffs claim that the platform failed to pay appropriate rewards to users of the relevant contracts. The dispute mainly centers around the event contract related to "whether Khamenei will step down." Previously, Kalshi CEO Tarek Mansour openly opposed profiting from individual deaths and stated that the fees related to this event contract market would be refunded. This dispute occurred against the backdrop of a surge in trading volume in geopolitical prediction markets, which once attracted a large number of users and also sparked ethical and regulatory debates about whether trading on events related to war or individual deaths should be allowed.

Kalshi, a prediction market firm, faces a class-action lawsuit over a dispute related to the settlement of contracts with Iran.

according to Iran's Tasnim News Agency on March 7, Iranian Foreign Minister Araqchi stated that Saudi Arabia has promised not to allow its territory, territorial waters, and airspace to be used to attack Iran. Araqchi said that Iran does not regard neighboring countries as enemies; Iran is a friend to its neighbors. He has been in contact with Saudi officials. He emphasized that the responsibility for the escalation of the situation lies with the United States and Israel, whose aggressive actions have put the entire region in danger. The US military presence in the region only undermines security. (Xinhua News Agency)

[Iranian Foreign Minister: Saudi Arabia pledges its territory, territorial waters, and airspace will not be used to attack Iran.]according to Iran's Tasnim News Agency on March 7, Iranian Foreign Minister Araqchi stated that Saudi Arabia has promised not to allow its territory, territorial waters, and airspace to be used to attack Iran. Araqchi said that Iran does not regard neighboring countries as enemies; Iran is a friend to its neighbors. He has been in contact with Saudi officials. He emphasized that the responsibility for the escalation of the situation lies with the United States and Israel, whose aggressive actions have put the entire region in danger. The US military presence in the region only undermines security. (Xinhua News Agency)

Iranian Foreign Minister: Saudi Arabia pledges its territory, territorial waters, and airspace will not be used to attack Iran.

Ali Larijani, Secretary of Iran's Supreme National Security Council, stated on the 7th that several US soldiers have been captured. Larijani posted on social media that day: "According to the report I received, several American soldiers have been captured. But the Americans claim that they have died in action. Although they try hard to cover it up, the truth will not be hidden by them for long." In response, US Central Command spokesperson Tim Hawkins told US media on the 7th that the claim of US soldiers being captured is an "Iranian lie." (Xinhua News Agency)

[Iran claims to have captured several US soldiers; US denies.]Ali Larijani, Secretary of Iran's Supreme National Security Council, stated on the 7th that several US soldiers have been captured. Larijani posted on social media that day: "According to the report I received, several American soldiers have been captured. But the Americans claim that they have died in action. Although they try hard to cover it up, the truth will not be hidden by them for long." In response, US Central Command spokesperson Tim Hawkins told US media on the 7th that the claim of US soldiers being captured is an "Iranian lie." (Xinhua News Agency)

Iran claims to have captured several US soldiers; US denies.

according to Onchain Lens monitoring, after previously going long on crude oil futures CL (WTI crude oil) and Brent Oil (Brent crude oil), Sky co-founder Rune has opened 7x leveraged short positions on ETH and the Nasdaq 100.

[Sky co-founder Rune shorted ETH and Nasdaq 100 with leverage, having previously gone long on crude oil.]according to Onchain Lens monitoring, after previously going long on crude oil futures CL (WTI crude oil) and Brent Oil (Brent crude oil), Sky co-founder Rune has opened 7x leveraged short positions on ETH and the Nasdaq 100.

Sky co-founder Rune shorted ETH and Nasdaq 100 with leverage, having previously gone long on crude oil.

btw Surges 10.37% in 24H, Currently at 0.013674 USDT

【btw currently trades at 0.013674 USDT, up 10.37% in 24h, according to HTX market data.】btw Surges 10.37% in 24H, Currently at 0.013674 USDT

btw currently trades at 0.013674 USDT, up 10.37% in 24h, according to HTX market data.

bnkr Surges 20.72% in 24H, Currently at 0.00048977 USDT

【bnkr currently trades at 0.00048977 USDT, up 20.72% in 24h, according to HTX market data.】bnkr Surges 20.72% in 24H, Currently at 0.00048977 USDT

bnkr currently trades at 0.00048977 USDT, up 20.72% in 24h, according to HTX market data.

bnkr Surges 12.87% in 24H, Currently at 0.0004895 USDT

【bnkr currently trades at 0.0004895 USDT, up 12.87% in 24h, according to HTX market data.】bnkr Surges 12.87% in 24H, Currently at 0.0004895 USDT

bnkr currently trades at 0.0004895 USDT, up 12.87% in 24h, according to HTX market data.

HTX data showed that BTC fell below 67000  USDT and is now at 66997.3 USDT, with a decrease of 1.56% in 24H.

[BTC fell below 67000  USDT] HTX data showed that BTC fell below 67000  USDT and is now at 66997.3 USDT, with a decrease of 1.56% in 24H.

BTC fell below 67000  USDT

&nbsp;according to on-chain analyst monitoring, the address 0x2d4…f2B9A accumulated 5,089.56 ETH (9.943 million USD) in the past 23 hours at an average price of 1,953.65 USD, just buying at the low point before the ETH rebound; then sold 4,000 ETH (8.235 million USD) at the short-term high of 2,058.91 USD nine hours ago, gaining a profit of 421,000 USD; now the remaining 1,089.56 ETH still has an unrealized profit of 104,000 USD.

[A major whale engaged in swing trading of ETH, buying 5089 coins at the low point and selling 4000 coins at the high point.]&nbsp;according to on-chain analyst monitoring, the address 0x2d4…f2B9A accumulated 5,089.56 ETH (9.943 million USD) in the past 23 hours at an average price of 1,953.65 USD, just buying at the low point before the ETH rebound; then sold 4,000 ETH (8.235 million USD) at the short-term high of 2,058.91 USD nine hours ago, gaining a profit of 421,000 USD; now the remaining 1,089.56 ETH still has an unrealized profit of 104,000 USD.

A major whale engaged in swing trading of ETH, buying 5089 coins at the low point and selling 4000 coins at the high point.

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Article

The People's Bank of China reported that China's foreign exchange reserves stood at $3,427.807 billion at the end of February, an increase of $28.729 billion month-on-month.

A major whale engaged in swing trading of ETH, buying 5089 coins at the low point and selling 4000 coins at the high point.

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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