digital

According to Cointelegraph, M1X Global, behind the Marshall Islands UBI program, has completed a $3 million angel round of financing, with investors including former Coinbase CTO Balaji Srinivasan and Cumberland Labs CEO Tama Churchouse, among other figures in the crypto industry. The funds will be used to promote the expansion of USDM1 digital sovereign bonds into the institutional market.USDM1 was launched on the Stellar blockchain last December, but the IMF has warned that the project carries financial risks and cybersecurity vulnerabilities, believing that its returns are not proportional to its risks.

According to CoinDesk, Cipher Digital (CIFR) stock price rose about 9% in pre-market trading after the company announced a 15-year data center leasing agreement with an investment-grade hyperscale client and secured a revolving credit facility of up to $200 million.According to the announcement, Cipher will develop and deliver high-performance computing (HPC) facilities at its existing site in the third data center campus, further strengthening its position as a partner for AI infrastructure for large tech companies. In terms of financing, the company has secured a revolving credit facility supported by a syndicate of global banks, with a total size of up to $200 million, along with a $50 million additional expansion option, providing non-dilutive funding support for its expansion, liquidity management, and future growth.

Securitize CEO Carlos Domingo posted on the X platform revealing that Securitize has been designated as a digital transfer agent, qualified to mint native on-chain securities for corporate and ETF issuers on the NYSE's tokenized securities platform (digital trading platform).But this is not the entirety of the collaboration; the NYSE plans to work with Securitize to develop a digital transfer agent project to support on-chain settlement of tokenized securities transactions. Both parties will also jointly establish industry standards for digital transfer agents and tokenized agents, focusing on regulatory requirements, operational processes, and technical specifications, to promote the construction of institutional-grade tokenized securities infrastructure.Note: A digital transfer agent can be understood as a blockchain upgrade of the traditional financial "transfer registration agency," which may support on-chain equity registration, real-time settlement, automatic compliance, dividend distribution, and other corporate actions being executed automatically.

The Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, introduced the development of stablecoins and digital renminbi in Hong Kong, stating:The People's Bank of China and the Hong Kong Monetary Authority are working closely together to optimize the arrangements for digital renminbi. Currently, the number of mainland operating institutions responsible for operating digital wallets has increased from four to five, while the number of local Hong Kong banks participating in the "Faster Payment System" for digital wallets has increased from 17 to 18. The number and usage of digital wallets opened with Hong Kong mobile numbers have shown stable growth.According to the People's Bank of China, as of the end of January 2026, approximately 80,000 digital wallets have been registered. The Hong Kong Monetary Authority and local banks have been actively promoting the application of digital renminbi in Hong Kong. Currently, the number of local merchant retail points accepting digital renminbi has increased from about 300 to approximately 5,200, covering chain retail stores, hotels, travel agencies, restaurants, convenience stores, and supermarkets.The People's Bank of China and the Hong Kong Monetary Authority are exploring the arrangements and feasibility for upgrading digital wallets to increase their usage limits, expand application scenarios, and enhance user experience. As the policies and technical details involved still require in-depth discussion, specific plans and timelines are yet to be finalized.Stablecoins and central bank digital currencies (such as digital renminbi), as well as other new payment tools, including tokenized deposits and cross-border connections for rapid payment systems, have the potential to be applied in transaction settlements, local or cross-border payments, and other scenarios, provided they comply with relevant legal and regulatory requirements.These payment tools each have their own characteristics and varying degrees of maturity, and their future development prospects are largely determined by market forces. The government and financial regulatory agencies will continue to explore the potential and application scenarios of various new payment tools, better leveraging their synergies to address more pain points in the real economy.

According to Businesswire, Nasdaq-listed Solana treasury company Solmate Infrastructure released an update on its digital asset reserves, disclosing that as of 2026, it holds 1,235,834 SOL and approximately 7.1 million dollars in crypto-related securities, as well as about 9.1 million dollars in cash. The company clarified that it has not sold SOL tokens to maintain operations and has no long-term debt.Based on the current market price of SOL, its total digital asset market value is approximately 129.4 million dollars.

According to Bloomberg, New York digital asset management firm ParaFi raised $125 million for its new fund in March, which is supported by KKR co-founder Henry Kravis.ParaFi stated that since the beginning of 2025, the company has raised $325 million for its existing digital asset-related investment strategies. Currently, the company manages approximately $2 billion in assets. Founder Ben Forman mentioned that ParaFi is already an investor in projects such as the prediction market giant Polymarket, asset management firm Bitwise, and crypto custodian Anchorage, and is currently focused on companies active in the areas of stablecoins, tokenization, and institutional on-chain finance.

According to Bloomberg, the U.S. Securities and Exchange Commission has submitted two proposed rules to the Office of Management and Budget at the White House, concerning the digital asset industry and the disclosure requirements for hedge funds and private equity funds. Among them, the digital asset proposal includes an "innovation exemption" mechanism that allows relevant companies to be exempt from registering as regulated entities such as brokers or exchanges for a certain period.The other rule adjusts Form PF, which is used for disclosing fund performance and risks. In addition, SEC Chairman Paul Atkins had previously postponed the effective date of the new Form PF regulations to October 1 and stated that he would explore ways to reduce the disclosure burden.

According to businesswire, Bitcoin treasury company Empery Digital announced the sale of 4,638,219 shares of common stock at a price of $5.39 per share to raise $25 million. Additionally, it sold 4,638,219 warrants to purchase common stock (valid for four years from the date of issuance), with the new funds intended for repaying repurchase loans.Empery Digital also disclosed that last week it sold 63 bitcoins at an average price of $72,791, bringing its total holdings down to approximately 3,439 bitcoins.

According to CoinShares' latest weekly report, influenced by the Federal Reserve meeting being interpreted as "hawkish hold," net inflows into digital asset investment products slowed to $230 million last week. In the two days prior to the FOMC meeting, there was a total inflow of $635 million, followed by an outflow of $405 million after the meeting. Overall, all regions still recorded net inflows, with the United States seeing an inflow of $153 million, and Germany and Switzerland recording inflows of $30.2 million and $27.5 million, respectively.Bitcoin products saw inflows of $219 million, but short Bitcoin products still had inflows of $6 million, indicating a growing divergence between bulls and bears. Solana recorded net inflows for the seventh consecutive week, amounting to $17 million this week, bringing the total to $136 million; Ethereum, after three weeks of inflows, experienced a net outflow of $27.5 million this week, while Chainlink and Hyperliquid recorded inflows of $4.6 million and $4.5 million, respectively.

According to Arkham data, at 23:50, 164.74 BTC (worth approximately 11.33 million USD) was transferred from one anonymous address (starting with bc1qjvn4...) to another anonymous address (starting with bc1qkyf...). Subsequently, this address transferred 31.26 BTC to Galaxy Digital.

According to monitoring by CryptoQuant community analyst Maartunn, Galaxy Digital has transferred/sold another 700 BTC.The institution previously transferred over 1346 BTC within a few hours on March 17, with a recent total outflow exceeding 2000 BTC. The recent frequent large transfers may indicate that it is conducting asset liquidation or over-the-counter settlements.

After 10 banks including the six major state-owned banks, 12 commercial banks may connect to the central bank's digital renminbi system. It is reported that seven national joint-stock banks, including Shanghai Pudong Development Bank, Guangfa Bank, Huaxia Bank, Minsheng Bank, China CITIC Bank, China Everbright Bank, and Zhejiang Commercial Bank, as well as five local city commercial banks, including Jiangsu Bank, Beijing Bank, Ningbo Bank, Nanjing Bank, and Suzhou Bank, are expected to join. As of now, there are 10 banks operating the digital renminbi, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, as well as WeBank and MYbank.

According to Caixin, after 10 banks including the six major state-owned banks, 12 commercial banks may connect to the central bank's digital renminbi system. It is reported that seven national joint-stock banks, including Shanghai Pudong Development Bank, Guangfa Bank, Huaxia Bank, Minsheng Bank, CITIC Bank, Everbright Bank, and Zhejiang Commercial Bank, as well as five local city commercial banks, including Jiangsu Bank, Beijing Bank, Ningbo Bank, Nanjing Bank, and Suzhou Bank, are expected to join.As of now, there are 10 banks operating the digital renminbi, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, as well as WeBank and MYbank.

U.S. Republican Senator Cynthia Lummis stated that we have come too far to return to a state of regulatory uncertainty. Digital assets represent the future, and now is the time for the U.S. to provide the necessary development environment for them.

The European Central Bank has announced that it is recruiting experts to assist in the development of a rulebook for the digital euro in everyday payment scenarios, focusing on ATM and merchant card payment terminals. One working group will define how ATMs and point-of-sale terminals will process digital euro payments, including device connectivity, offline transaction support, and compatibility with existing payment standards; another working group will design the certification process for payment tools and infrastructure.European Central Bank President Christine Lagarde stated last December that the bank has completed the technical and preparatory work for digital currency and is currently awaiting approval from political institutions. The project is under review by the European Council and the European Parliament, and if approved, it is expected to launch as early as 2029. Meanwhile, 12 European banks, including BBVA, ING, and BNP Paribas, have formed the Qivalis project, planning to launch a euro-pegged stablecoin in the second half of 2026, aimed at providing a blockchain payment solution that does not rely on dollar-backed tokens.

According to Caixin, China's digital yuan operating organization will further expand, with the central bank planning to add about 12 commercial banks to the digital yuan system, which will undertake functions such as wallet opening, exchange, and payment processing, and will be responsible for daily operations and maintenance.Previously, 10 banks, including the six major state-owned banks, had already participated. The digital yuan adopts a "central bank centralized + commercial bank dual-layer operation" structure, where the People's Bank is responsible for issuance, top-level design, and system supervision, while designated operating institutions are responsible for front-end services and compliance obligations such as anti-money laundering and customer identification. As the digital yuan upgrades from "digital cash" to "digital deposit currency," the enthusiasm of commercial banks to participate is expected to increase, and the application scenarios and coverage of the digital yuan are expected to expand simultaneously.

According to Cointelegraph, the European Central Bank (ECB) has announced the opening of expert applications for two new working groups under its Rules Development Group (RDG), focusing on advancing the implementation of the digital euro at the ATM, payment terminal, and acceptance infrastructure levels.The responsibilities of the two working groups are as follows: first, to develop implementation specifications for ATM and terminal providers, covering communication technology, offline transaction capabilities, and the reuse of existing payment standards; second, to establish testing, certification, and approval process plans for payment solutions and infrastructure used by payment service providers (PSP) in the digital euro ecosystem. Both working groups report to the RDG, which includes members representing merchants, payment service providers, and consumers.The ECB has previously disclosed plans to launch a 12-month digital euro pilot in the second half of 2027, with participation from a limited number of merchants, euro system staff, and PSPs. ECB Executive Board member Piero Cipollone confirmed these arrangements in February this year.

According to Lookonchain monitoring, a month ago, Arthur Hayes transferred 2.15 million ETHFI (approximately 1 million USD) at an average price of about 0.47 USD, suspected to have completed the sale.Today, he received 132,730 ETHFI (approximately 72,800 USD) from Anchorage Digital at a price of about 0.55 USD.