Binance founder CZ responded to community inquiries about the stablecoin BUSD on X platform, saying: "BUSD is a very good USD-backed stablecoin, but it was killed in the Operation Chokepoint 2.0 action in the United States. But on the bright side, there are now many new stablecoins launching on BSC." (Note: Operation Chokepoint 2.0 is a liquidation action against the cryptocurrency industry led by the Biden administration, making US financial institutions not cooperate or provide services for cryptocurrency projects.)

The market shows ETH has fallen below $2300, now trading at $2299.48, with a 24-hour increase of 4.62%. The market fluctuates greatly, please manage risks.

Coinbase CEO Brian Armstrong stated in a post, "US stablecoin legislation should allow consumers to earn interest on stablecoins. The government should not favor a particular industry, but should allow banks and crypto companies to share interest with consumers and incentivize them to do so. Stablecoins, through digitizing the US dollar and other fiat currencies, have found a product-market fit, but we have not yet unlocked a key piece that would allow ordinary people and the US economy to fully benefit: on-chain interest."

According to Fox News reporter Eleanor Terrett, the White House, Trump, and David Sacks will hold the first cryptocurrency summit on March 7. In addition, the CFTC will hold a CEO forum on March 6 to discuss how tokenized assets and stablecoins can serve as collateral in the futures market.

according to Arkham monitoring, CZ's donation wallet destroyed $1.1 million worth of Broccoli (0xa14), $540,000 worth of Broccoli (0x6d5), and $1.95 million worth of Tutorial tokens.

 according to Lookonchain monitoring, in the past 7 days, the stablecoins (USDT and USDC) on the Tron chain increased by 1.21 billion, while the stablecoins (USDT and USDC) on the Arbitrum chain decreased by 438.4 million.

Authored by Irina Heaver, a legal specialist in the cryptocurrency field, individuals seeking to navigate the crypto landscape in the United Arab Emirates will encounter numerous acronyms related to the country's legal system. From the SCA and VARA to the DMCC, ADGM, and DFSA, the challenge lies in understanding the meanings behind these combinations of letters and successfully maneuvering through the intricate web. The abundance of acronyms and technical jargon in the UAE's legal system raises questions about whether it enhances the ecosystem or poses a fundamental flaw in the self-proclaimed global crypto hub. Categorizing the acronyms into regulators, free zones, and government initiatives can provide clarity for those navigating the complex regulatory environment in the UAE. The UAE's strategic use of acronyms and establishment of various free zones reflect a forward-thinking approach to positioning itself as a leading global crypto hub.

The CEO of BlackRock highlighted the growing significance of digital assets, such as Bitcoin, as a potential threat to the global dominance of the dollar. The U.S. debt is increasing at a faster pace than the economy, with interest payments expected to exceed $952 billion this year, surpassing military spending. If not addressed, by 2030 debt service and mandatory spending could consume all federal revenue, leading to a permanent deficit. While acknowledging the role of digital assets, the CEO expressed concerns that decentralized finance could shift the balance of power in the global economy, posing challenges to the U.S. dollar's supremacy. BlackRock's Bitcoin ETF, IBIT, has achieved remarkable growth, becoming the largest ETF launch in history with $50 billion in assets under management within a year, driven by significant inflows in 2024. The CEO suggested that if more institutional and retail investors allocate a small percentage of their portfolios to Bitcoin, its price could potentially reach $700,000, positioning BlackRock as a key player in the digital asset space with offerings in Canada and Europe.

The decision to prohibit closed pension funds from investing in crypto assets was influenced by the instability of digital currencies, particularly following Bitcoin's 120% surge in 2024, reaching approximately $80,000. This ruling mainly impacts major pension funds like Previ and Petros, which cater to millions of retirees and have traditionally favored low-risk investments like government bonds due to Brazil's 10.5% Selic rate. Despite the ban on cryptocurrencies, the council is still permitting investments in other sectors such as agro-industrial funds and infrastructure debentures to support Brazil's $150 billion export industry. This move contrasts with the trend in other countries where U.S. pension funds are embracing Bitcoin ETFs, Australia allows indirect crypto exposure, while South Korea and the Netherlands remain cautious about integrating crypto into their financial systems. Despite the ban on crypto investments, Brazil's 2022 crypto law marked a significant step towards regulating the digital asset market, with 10 million Brazilians now holding digital assets and evolving real estate regulations for pension funds.

The market shows BTC falling below $90,000, now trading at $89,995.77, with a 24-hour increase of 5.63%. The market is volatile, please manage risks carefully.

Dubai, UAE, March 3rd, 2025, ChainwireBybit, the world's second-largest cryptocurrency exchange based on trading volume, is introducing the Futures Bot Clash, a high-stakes competition combining strategy and automation. With a prize pool of up to 100,000 USDT, traders will compete using Bybit's powerful Futures trading bots to reach the top of the leaderboard. The competition, running from Feb. 28 to March 31, 2025, allows participants to test their bot strategies in a skillful and precise contest, divided into three Futures Bot Squads - Futures Combo, Futures Martingale, or Futures Grid. Traders can earn rewards by participating in squad leaderboards, individual leaderboards, and the Predict & Win segment, where lucky voters can share in a portion of the 5% Prediction Pool by correctly predicting the winning squad. The prize pool breakdown includes rewards for squad rankings, top traders by volume, and participants in the Predict & Win segment, with eligibility requirements for participants to meet a minimum Futures trading volume and account balance. Bybit's Futures Bot Clash offers a unique opportunity for automated trading enthusiasts to test their strategies in a competitive environment and potentially win a share of the 100,000 USDT prize pool. Bybit continues to innovate in the crypto trading landscape, providing users with cutting-edge tools to enhance their trading strategies and offering a competitive environment for traders and bots to excel.

Written by Igor Zemtsov, the chief technology officer at TBCC, the "Libragate" incident caused a significant drop in memecoin prices, resulting in a nearly 60% decrease in market cap from the highs of 2025. Despite this setback, meme tokens are showing resilience, similar to a cat with multiple lives. As of March 10, memecoins still held a market cap of $47.9 billion, a substantial amount. Despite facing challenges, enthusiasts are still buying into memecoins like Unicorn Fart Dust, Fartcoin, and Buttcoin in hopes of significant profits.

on March 31, Binance Charity and Binance co-founder and former CEO Zhao Changpeng jointly launched a joint donation campaign. This action will airdrop $1.5 million worth of BNB to users in Myanmar and Thailand living in earthquake-affected areas to support local relief efforts. The identity of the recipients of this donation will be based on the users' KYC or POA information. Eligible users must complete KYC or POA certification by March 31, 2025, and will then receive the corresponding BNB token voucher through the reward center by April 14, 2025. Binance CEO Richard Teng said, "We are deeply saddened by the devastating earthquakes in Myanmar, Thailand, and the surrounding areas. Our thoughts and prayers are with the victims, their families, and all those affected by the disaster. Binance is united with the community and we hope our efforts can bring some comfort and assistance in this difficult time."

According to Fox News reporter Eleanor Terrett, Republican House Whip Tom Emmer and Congressman Ritchie Torres are teaming up to establish the Congressional Crypto Caucus, a bipartisan initiative aimed at promoting crypto-friendly policies in the House of Representatives. Unlike the Congressional Blockchain Caucus established in 2017, this group will operate more as a voting bloc to mobilize support for digital asset bills (including stablecoins and market structure bills) being developed in the House. Congressman Emmer stated that the formation of this caucus is in response to millions of American voters who voted in November to support candidates prioritizing the development of digital assets and blockchain technology.

Binance founder CZ stated in a post, "Some high-value tokens (six to seven digits) on the donation address have been sent to a burn address. There are already some new AI solutions that can automate this operation, but they have not yet undergone security review. The remaining part will be handled later. Please do not send tokens to this address anymore, and look forward to any interactions."

Goldman Sachs has adjusted its GDP growth forecast for the U.S. downward to 1.5% from 2.0%, and is now anticipating inflation to potentially increase to 3.5% instead of the previous estimate of 3.0%. Despite these concerns, the financial firm is expecting rate cuts to occur sooner than originally expected, which could offer some relief. The impact of tariffs on global trade is escalating, with Trump's recent "reciprocal tariff" week marking a significant escalation. By April 2, 20% tariffs will be imposed on imports from over 25 countries, affecting an estimated $1.5 trillion worth of goods by April 2025. Canada, China, the European Union, and Mexico are all taking retaliatory measures, adding to global economic uncertainty. Bitcoin (BTC) has concluded its worst Q1 performance since 2018, and analysts are cautioning that challenges may persist. Goldman Sachs has adjusted its outlook on the U.S. economy, now forecasting more rate cuts from the Fed and ECB.

In the process of the global economy accelerating towards digitalization, Digital Rights (DR) has become a significant force in promoting the liquid economy due to its innovative concepts and technological advantages. As the first blockchain platform that supports the on-chaining, quantification, and free trading of real-world assets, Digital Rights is injecting new vitality into the global economy.
 
The liquid economy is a revolutionary business concept proposed by Digital Rights. By leveraging decentralized blockchain technology, Digital Rights allows all assets from the real world to flow freely like water, without reliance on traditional currency or intermediaries. This efficient method of asset circulation will significantly enhance resource utilization efficiency, creating more value for businesses and individuals.
 
The core architecture of Digital Rights consists of three parts:
1.Off-chain Asset Verification Institutions ensure the authenticity of assets,
2.Digital Rights Public Chain provides a secure technological foundation,
3.Digital Rights Quantitative Exchange supports rapid asset circulation.
 
This comprehensive ecosystem addresses the cumbersome authentication, fund handling, and trading processes in traditional asset circulation, truly achieving global free flow of assets.
 
A spokesperson for Digital Rights stated, "The liquid economy is not just a technological innovation but a total overhaul of global business models. We hope that through Digital Rights, everyone can fairly participate in the development of the global economy."
 
Digital Rights will go live on the UZX (UZX.COM) exchange on January 1, 2025, marking the official entry of this innovative platform into the global market. In the future, Digital Rights will continue to drive the development of the liquid economy, bringing profound impacts to the global economic system.
 
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