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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

According to Yonhap News Agency, the city of Busan, South Korea has decided to reconsider the establishment of a digital asset exchange. This is due to negative attitudes from government and financial authorities towards public institutions setting up digital asset exchanges, while anxiety across the industry is growing following the recent FTX bankruptcy. A Busan city official said, “Given various circumstances, it is unreasonable for Busan city to push for the establishment of a digital asset exchange.”
According to previous news, Busan City, South Korea signed a cooperation agreement with Huobi, Binance, FTX, Crypto.com and Gate.io on the establishment of the Busan Digital Asset Exchange, and several blockchain venture capital companies plan to invest 100 million US dollars in Busan, South Korea for ecosystem development.

Detail

【South Korea's Busan City reconsiders the establishment of a digital asset exchange 】According to Yonhap News Agency, the city of Busan, South Korea has decided to reconsider the establishment of a digital asset exchange. This is due to negative attitudes from government and financial authorities towards public institutions setting up digital asset exchanges, while anxiety across the industry is growing following the recent FTX bankruptcy. A Busan city official said, “Given various circumstances, it is unreasonable for Busan city to push for the establishment of a digital asset exchange.”
According to previous news, Busan City, South Korea signed a cooperation agreement with Huobi, Binance, FTX, Crypto.com and Gate.io on the establishment of the Busan Digital Asset Exchange, and several blockchain venture capital companies plan to invest 100 million US dollars in Busan, South Korea for ecosystem development.

South Korea's Busan City reconsiders the establishment of a digital asset exchange 

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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.

South Korea's Busan City reconsiders the establishment of a digital asset exchange

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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