ChainCatcher news, Coinbase CEO Brian Armstrong recently expressed his views on social media regarding the U.S. Treasury's decision to lift sanctions on Tornado Cash: "No one wants to see bad actors using cryptocurrency. But privacy is an important feature for many law-abiding citizens, and you can't sanction open-source code (this is a free speech issue). I'm glad to see this issue resolved."He added, "We look forward to working with the Treasury to find ways to combat the approximately 0.1% of illegal activity in the cryptocurrency space (far lower than cash or the banking system) that align with U.S. laws and values."Previous news, according to the update announcement of the Specially Designated Nationals (SDN) list released by the U.S. Treasury's Office of Foreign Assets Control (OFAC) on March 21, several Ethereum addresses related to Tornado Cash have been removed from the sanctions list.

ChainCatcher news, according to CoinDesk, the political action committee Fairshake in the cryptocurrency industry plans to invest $1.5 million to support the campaigns for two key U.S. House seats in the Florida special election. These two seats are crucial for the Republican Party to maintain its slim majority in the House. One of the vacant seats is related to Matt Gaetz, who was nominated by President Trump for Attorney General but withdrew due to facing criminal charges.According to Fairshake spokesperson Josh Vlasto, the super PAC will invest $1.2 million to support state Senator Randy Fine in his campaign for the seat left by Michael Waltz, who currently serves as Trump's national security advisor. Additionally, Fairshake will invest approximately $345,000 to support state Chief Financial Officer Jimmy Patronis in his campaign for the seat left by Gaetz.Both Republican candidates meet Fairshake's main criterion: support for digital assets. The Florida special election will be held on April 1, with early voting starting this weekend. While the Democrats have also invested heavily, these seats have shown a clear tendency toward the Republicans in recent voting.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan quoted U.S. Treasury Secretary Scott Bessent on social media, stating: "We will ensure that the dollar continues to be the world's dominant reserve currency, and we will achieve this through stablecoins."Hougan stated: "No matter how high your expectations are for the assets under management (AUM) of stablecoins, you are likely still underestimating their potential. If stablecoin AUM reaches trillions of dollars, the overall landscape of the crypto market will be reshaped."

ChainCatcher news, according to Cointelegraph, the SEC's special working group on crypto assets will hold its first roundtable meeting at 1 AM Beijing time today to discuss key areas of crypto asset regulation, including market structure, investor protection, token classification, and compliance pathways.This meeting marks a new step for the SEC in crypto regulation, aiming to promote policy transparency and gather industry feedback.

ChainCatcher news, the Governor of the Central Bank of Russia, Nabiullina, stated that the Central Bank of Russia considers cryptocurrency to be a volatile financial instrument. She reiterated the Russian side's concerns about the risks of crypto assets, pointing out their high volatility, making it difficult to be widely adopted as a means of payment or store of value.

According to ChainCatcher, Representative Adrian Boafo from Maryland and New York Assemblyman Clyde Vanel co-sent a letter to Congressional Democratic leaders, calling for the establishment of a federal cryptocurrency regulatory framework to prevent fragmented regulatory policies across states. The letter was sent to Senators Elizabeth Warren, Amy Klobuchar, and Representatives Maxine Waters and Angie Craig, emphasizing that currently, 35 states have introduced various cryptocurrency legislations, ranging from legal recognition of digital assets to restrictive measures. Without federal guidance, market uncertainty will further intensify, affecting business and financial development.Boafo and Vanel are concerned that Democrats like Warren and Waters, who have long held anti-crypto positions, may hinder bipartisan cooperation and impact the implementation of the regulatory framework. The two emphasized that Democrats have consistently led in promoting technology policy and bipartisan collaboration, and they hope to continue advocating for unified and clear digital market regulation to ensure the U.S. remains competitive in the crypto economy.

ChainCatcher news, according to CoinDesk, Japan's latest core inflation data has exceeded market expectations, sparking discussions about the possibility of the Bank of Japan (BOJ) raising interest rates, which could impact risk assets including cryptocurrencies. The data shows that Japan's core CPI rose 3% year-on-year in February, down from 3.2% in January but still above the market expectation of 2.9%. Meanwhile, Japan's overall CPI fell from 4% to 3.7%, but still far exceeds the BOJ's target inflation rate of 2%.Since November 2024, Japan's inflation rate has consistently been higher than that of the United States, currently exceeding by nearly 100 basis points, marking the largest gap since 2015. Coupled with the wage pressure from the "Shunto" spring labor negotiations, market expectations for a BOJ interest rate hike have intensified. The anticipation of a rate hike has strengthened the yen, but if the yen appreciates significantly, it may trigger market risk aversion, thereby putting pressure on risk assets like Bitcoin.As of the time of writing, the USD/JPY exchange rate is 149.22, having rebounded nearly 300 basis points since March 11, indicating a short-term weakening of the yen. However, the yield spread between U.S. and Japanese 10-year government bonds has narrowed, with Japanese 10-year bond yields maintaining above 1.5% and 30-year bond yields breaking 2.5%, both at multi-decade highs, which may support a stronger yen. The market is focused on the future direction of BOJ policy and its impact on global financial markets.

ChainCatcher news, according to CoinDesk, Bitcoin and other major cryptocurrencies fell more than 3% during the early Asian trading session on Friday, in line with market expectations, primarily due to profit-taking. Sean Dawson, research director at the on-chain options platform derive.xyz, stated: "In the past 24 hours, the probability of Bitcoin breaking above $100,000 before June 30 has increased from 20% to nearly 30%. Meanwhile, the probability of Ethereum staying above $2,000 before June 30 is now a toss-up—previously at 40%."Alex Kuptsikevich from FxPro remains cautious, focusing on the $80,000 support level for Bitcoin as a key observation area: "The crypto market has yet to break its 200-day moving average, currently close to $2.9 trillion. A strong breakout above this level could trigger a positive buying phase, but there is also the risk of a short setup trap, as they have done multiple times before.""It is crucial for Bitcoin to maintain momentum by staying above this key level. If this can be achieved, it may rekindle market interest in a range of tokens that have been in a correction phase for some time," he added, referring to the broader altcoin and meme coin market.

ChainCatcher news, Virtuals Protocol officially announced the launch of the Virtuals Partners Network (VPN) on March 20, aiming to reshape the intersection of AI and cryptocurrency. VPN connects investors, domain experts, scholars, and developers to collaboratively explore, support, and scale the best AI entity founders in the crypto space.The inspiration for VPN comes from the Sherpas of the Himalayas, hoping to help AI innovators tackle the complex challenges of autonomous AI entity ecosystems by providing customized support, funding, and strategic insights.

ChainCatcher news, according to on-chain analyst @ali_charts monitoring, 360,000 ETH have been withdrawn from cryptocurrency exchanges in the past 48 hours.

ChainCatcher news, according to Swiss National Bank President Thomas Jordan, despite U.S. President Trump pushing for the establishment of a U.S. strategic reserve, the Swiss National Bank will not purchase Bitcoin and other cryptocurrencies due to their high volatility, lack of security, and absence of a sound legal framework.

ChainCatcher news, the Australian government plans to release a draft of cryptocurrency regulatory regulations in 2025 and has committed to working with the four major banks to address the issue of de-banking. The new framework will impose compliance requirements of existing financial services laws on cryptocurrency exchanges, custodial services, and more, including customer asset protection, financial services licenses, and minimum capital requirements.In addition, the government will review central bank digital currencies and launch an enhanced regulatory sandbox in 2025 to support businesses in testing new financial products without a license. The Albanese government also stated that it will focus on the intersection of cryptocurrency and de-banking issues to ensure Australia maintains its competitive edge globally.

ChainCatcher news, the Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) of South Korea has taken enforcement action against overseas cryptocurrency exchanges that provide services to Korean users without registration, based on the Act on Reporting and Using Specified Financial Transaction Information. It is reported that the FIU is considering blocking website access as a primary enforcement measure, targeting exchanges including BitMEX, KuCoin, CoinW, Bitunix, and KCEX.

ChainCatcher news, data scientist Alex McCullough's research shows that the prediction market Polymarket has an accuracy rate of 90% when predicting events occurring a month later, and an accuracy rate of up to 94% four hours before the event occurs. McCullough analyzed Polymarket's historical data and found that after removing extreme probability values, the platform slightly but consistently overestimates the probability of events occurring within most probability ranges, possibly influenced by factors such as herd mentality, low liquidity, and participants' preference for high-risk bets.

ChainCatcher news, encrypted broker LTP acquires Spanish crypto company Turing Capital Brokerage (TCB), with the specific amount not disclosed. This strategic acquisition allows LTP to expand its business into the European market while providing fully compliant digital asset brokerage services under the MiCA framework.Turing Capital is a digital asset investment company, and TCB is its subsidiary, founded by serial entrepreneurs and cryptocurrency investors Jorge Schnura and Javier Garay.

ChainCatcher message, according to SoSoValue data, the cryptocurrency sector generally retraced, with Ethereum (ETH) dropping 2.02% in 24 hours, falling below the $2000 mark. The SocialFi and CeFi sectors remained relatively strong, with the SocialFi sector rising 1.44% in 24 hours. Within this sector, Toncoin (TON) increased by 2.14% due to significant financing and other factors, while Galxe (GAL) rose by 3.10%. The CeFi sector increased by 0.67%, with Binance Coin (BNB) up by 1.14%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiSocialFi and ssiCeFi indices rose by 2.37% and 0.55% respectively in 24 hours, with weekly returns reaching 24.73% and 6.82%.In other sectors, the Layer1 sector fell by 1.08% in 24 hours, the Meme sector dropped by 1.12%, but Pepe (PEPE), Bonk (BONK), and dogwifhat (WIF) rose against the trend by 4.90%, 2.85%, and 3.39% respectively. The PayFi sector decreased by 1.24%, the DeFi sector fell by 1.31%, the Layer2 sector dropped by 1.43%, and the RWA sector declined by 4.47%. Within this sector, Pendle (PENDLE) still rose against the trend by 3.79%, but Plume (PLUME), which had seen significant gains recently, experienced a correction, dropping 14.88% in 24 hours.

ChainCatcher news reports that, according to 4E monitoring, after the Federal Reserve's interest rate meeting, the upward trend of U.S. stocks could not be sustained. Economic uncertainty and Trump's tariff plans cast a shadow, leading to a volatile decline in major U.S. stock indices on Thursday. The S&P 500 fell by 0.2%, the Dow Jones dropped by 0.1%, and the Nasdaq decreased by 0.3%. Large tech stocks saw more declines than gains, with Tesla slightly up by 0.1%.The cryptocurrency market showed volatility but overall presented a mild upward trend. Last night, influenced by the U.S. stock market, coupled with Trump's reiteration of old themes in his speech at the DAS summit without any substantial positive news, Bitcoin experienced a rapid decline. As of the time of writing, it has rebounded to $84,650, down 1.33% in the last 24 hours. Most other mainstream tokens have seen some pullback. BNB's on-chain performance has recovered, continuing to be a focus for investors.In the forex and commodities sector, risk aversion dominated the market, with the U.S. dollar index rising by 0.40%, extending Wednesday's gains; investors are paying attention to the Trump administration's sanctions on Iran, with international oil prices closing up over 1.6%; spot gold slightly retreated after reaching a historical high, with a cumulative increase of nearly 16% this year.The market is digesting the Federal Reserve's decision, but investors are concerned that Trump may impose more tariffs in April, questioning whether the potential inflation caused by tariffs will limit the Fed's expected significant rate cuts, leading to a clear risk-averse sentiment in the U.S. stock market.

ChainCatcher news, Hong Kong-listed company EDA Group Holdings has released a voluntary announcement, disclosing that the company's board of directors has proposed a cryptocurrency purchase plan with a total amount not exceeding 5 million USD. The company is currently exploring the application of blockchain technology to empower the cross-border e-commerce logistics industry, aiming to promote full-chain traceability of cross-border goods and cryptocurrency B2B settlements.In addition, EDA Group Holdings announced the establishment of a dedicated department responsible for managing and supervising virtual asset business as well as conducting risk control.