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  • Visa and Bridge expand their partnership, planning to promote stablecoin-linked cards in over 100 countries.
    Visa has announced an expanded partnership with Stripe's stablecoin infrastructure platform, Bridge, to advance its global card issuance strategy. Launching in 2025, Bridge will allow businesses and fintech developers to issue stablecoin-backed Visa cards. Through Bridge's partnership with LeadBank, transactions using these cards can be settled on-chain via Visa. Currently, stablecoin-linked cards supporting Bridge are available in 18 countries and regions, with plans to expand to over 100 countries and regions across Europe, Asia Pacific, Africa, and the Middle East by the end of the year. (Businesswire)
    Bullish
    Bearish
  • Paraguay's national power company plans to use seized mining equipment to launch a government-led Bitcoin mining project.
    Paraguay's national electricity company, ANDE, has signed a memorandum of understanding with crypto infrastructure company Morphware to launch the country's first government-led Bitcoin mining pilot project using Bitcoin mining rigs seized by law enforcement. The first phase will deploy approximately 1,500 confiscated mining machines and utilize surplus local hydropower resources for compliant mining. Under the agreement, ANDE will be responsible for ownership and oversight of the mining farm, while Morphware will provide technical and operational support. The government is discussing whether to sell the mined Bitcoin for public spending or hedge risks through financial instruments and hold a portion of the assets. (BitcoinMagazine)
    Bullish
    Bearish
  • The Korea Exchange suspended algorithmic trading after KOSDAQ 150 index futures fell 6%.
    The Korea Exchange activated its algorithmic trading suspension mechanism for the KOSDAQ market after the KOSDAQ 150 index futures fell by 6%, halting algorithmic trading for 5 minutes. (Jinshi)
    Bullish
    Bearish
  • Planet Morning News
    1. YZiLabs pledges $100 million to HashGlobal's BNB holding fund; 2. Trump claims the GENIUS stablecoin bill is threatened by the banking industry and urges the swift passage of crypto market structure legislation; 3. US Representative FrenchHill calls on the Senate to advance the crypto market structure bill, with stablecoin yield controversy becoming a focal point; 4. Media reports that Khamenei's son has been chosen as Iran's next Supreme Leader; 5. Trump announces insurance for oil shipments at sea, with the navy providing escort if necessary; 6. Trump announces a comprehensive trade embargo against Spain for refusing to provide bases; 7. Bridgewater Associates founder says Bitcoin is unsuitable as a long-term store of value; 8. Michael Saylor says he is buying Bitcoin; 9. Vitalik Buterin says Ethereum should build sheltered technology; 10. CFTC Chairman says obstacles to launching professional perpetual contracts will be cleared in the coming weeks; 11. MARA revises its 2026 asset management strategy to allow the sale of Bitcoin held on its balance sheet; 12. Antalpha discloses it has purchased $134 million in TetherGold; 13. The US government transferred 0.0378 BTC, and the relevant address now holds 320,000 Bitcoins.
    Bullish
    Bearish
  • U.S. Government Transfers Seized Bitcoin to Strategic Reserve
    The U.S. government has transferred 0.3348 BTC, valued at approximately $22,658, from a wallet associated with Miguel Villanueva on March 3, completely emptying the address. According to NS3.AI, the specifics of the original seizure have not been disclosed. However, the transfer aligns with the government's strategy to retain seized Bitcoin as a reserve rather than selling it immediately. This indicates a shift in policy towards accumulating crypto assets for potential future use or sale.
    Bullish
    Bearish
  • South Korea to Overhaul Token Securities Regulations
    South Korea's Financial Services Commission (FSC) chairman, Lee Eog-weon, announced that token securities are set to become a core component of capital markets rather than a temporary trend. According to NS3.AI, the government is planning a comprehensive reform of regulations concerning the issuance, distribution, and disclosure of token securities to foster innovation. A new regulatory framework law, which was passed in January, is scheduled to take effect in February next year. This initiative will be supported by a joint public-private 'Token Securities Council' aimed at establishing the necessary infrastructure and detailed rules.
    Bullish
    Bearish
  • TD Cowen Predicts Political Pressure Will Overcome US Banks' Stablecoin Resistance
    Investment bank TD Cowen has expressed skepticism about the ability of US banks to maintain their resistance to stablecoin consumer rewards under the CLARITY Act. According to NS3.AI, TD Cowen argues that the political unsustainability of this resistance will likely lead to its failure. However, the bank warns that ongoing disputes between the banking and cryptocurrency sectors could pose a threat to the passage of market structure legislation. The Office of the Comptroller of the Currency's (OCC) efforts to block indirect stablecoin rewards are considered ineffective, as the OCC lacks discretionary legal interpretation power.
    Bullish
    Bearish
  • Key Members Depart from Qwen Team Amid Changes
    On March 4, Junyang Lin, the technical lead of Qwen, announced his departure from the team on the X platform. According to BlockBeats, another technical lead, Binyuan Hui, updated his profile to reflect his former role with Alibaba's Qwen team. Additionally, Kaixin Li, a core contributor to Qwen3.5, Qwen VL, and Qwen Coder, also posted a farewell message. The Qwen team recently released the Qwen3.5 model series, which received positive feedback from the community. Analysts suggest that changes in Alibaba Cloud's evaluation methods for the Qwen team have directly led to the departure of key members.
    Bullish
    Bearish
  • Pudgy Penguins Team Deposits Significant PENGU Amount to CEX
    On March 4, the Pudgy Penguins team made a substantial deposit of 450 million PENGU tokens, valued at $3.12 million, to a centralized exchange (CEX). According to BlockBeats On-chain Detection, this transaction occurred seven hours prior to the report. The move has drawn attention within the cryptocurrency community, highlighting the ongoing activities and strategies of the Pudgy Penguins team.
    Bullish
    Bearish
  • Donald Trump takes swipe at banks over stalled crypto bill
    Trump has urged banking groups to “make a good deal” with the crypto industry and said undermining the GENIUS Act is “unacceptable. ” source: https://cointelegraph.com/news/trump-takes-swipe-banks-over-stalled-crypto-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
    Bullish
    Bearish

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