During the National People’s Congress, Pan Gongsheng highlighted that the People’s Bank of China has resolved key financial risks systematically over the past year and will maintain stringent measures against illegal activities, including cryptocurrency trading.
The PBOC emphasizes collaboration with regulators and law enforcement to ensure financial stability, utilizing macro-prudential tools to mitigate risks associated with external shocks.
apyUSD is backed by preferred shares in Digital Asset Treasury (DAT) companies, offering real dividends and yield from real-world assets similar to Strategy’s STRC token. Pendle protocol enables these real-world asset yields to be converted into fixed income instruments, allowing users to lock in yield rates on their RWA exposure.
On March 7, a federal judge ruled the lawsuit lacking proof against Binance and CZ, where 535 plaintiffs accused them of aiding terrorists. The judge highlighted shortcomings in demonstrating intentional collaboration with terrorist activities.
In response, a spokesperson for Binance emphasized their strict compliance with laws and dismissed the allegations as unfounded, asserting their commitment to effectively combat illegal activities on their platform.
Helen Liu will leave her position as Co-CEO of Bybit on April 30, 2026, to explore new business opportunities.
Liu has a strong history with Bybit, serving as VP of Human Resources, VP of Marketing, and COO before becoming Co-CEO in 2025.
Ben Zhou, Bybit’s CEO, stressed that the company’s global business will continue to advance under the current leadership team.
As of March 7th, Bitcoin has fallen below the 70,000 USD mark as macroeconomic conditions become more cautious. The rise in spot market buying is associated with escalating tensions from the conflict with Iran.
Despite increased geopolitical uncertainty and high oil prices, derivatives data indicates a stable balance in the crypto market without signs of excessive leverage, as open interest aligns with spot demand.
The non-farm payroll data from March 7th signals an unstable US economy, characterized by high layoff rates and reduced labor participation, suggesting potential for interest rate cuts by the Federal Reserve.
The COVID-19 pandemic has led to companies retaining more staff than necessary, further complicating the accuracy of economic indicators and justifying potential Fed action on interest rates.
Crypto social media conversations are tracking several macro topics this week. Discussion around payrolls (score: 198.7) and crude oil prices (score: 117.1) rank among the top trending narratives, alongside mentions of Kazakhstan (score: 224.9). These macroeconomic signals often influence crypto market sentiment as traders monitor employment data and energy-linked commodity movements for broader market direction.
The CLARITY Act is anticipated to pass Congress before July 2026, with the Senate Banking Committee expected to finish its review by April 2026.
Kristin Smith from the Solana Policy Institute highlighted the ongoing support from key senators and the White House, despite earlier concerns from the crypto community.
This legislation represents a significant development as traditional financial institutions and crypto companies engage in negotiations together, establishing the groundwork for clear regulations on crypto assets.
As of March 7th, Hyperscale Data reported 610.9188 BTC holdings. Of this, 564.7252 BTC is through its subsidiary Sentinum, including 440.2341 BTC from market purchases and 124.4912 BTC from mining.
The company, including ACG which holds 46.1935 BTC, aims to enhance its Bitcoin treasury to 100,000,000 USD.