X Platform to Launch Disclosure Requirements for Paid Promotions Including Kalshi and Polymarket Ads

A breakthrough in stablecoin yields emerges: Senate advances the CLARITY Act, and the White House may be forced to make concessions.

On March 20, the U.S. Senate saw a breakthrough in stablecoin yield legislation discussions, with the key focus on building a compromise framework. Senators pointed out that the emphasis has shifted toward identifying stakeholders rather than bill details, while the White House maintains a cautious stance. The latest discussions plan to limit the use of traditional financial terminology, aimed at reducing regulatory pressure. Stablecoin-related business has become an important part of platform revenue, and policy changes could impact business models. The probability of the bill passing in 2026 is estimated at 61%.

White House Secret Report May Rewrite Stablecoin Regulation: Senator Pressures for Disclosure, Bank Deposit Outflow Controversy Faces Turning Point

# Key Variable Emerges in U.S. Stablecoin Regulation A research report from the White House Council of Economic Advisers has become a focal point of controversy, arguing that stablecoins have limited impact on traditional bank deposits. Multiple Republican senators are demanding the report be made public to advance the Digital Asset Market Transparency Act. Signals from the Treasury Secretary indicate support for easing bank capital constraints, with policy pathways at a critical juncture.

# MLB Partners with Polymarket and CFTC in $300 Million Deal as Prediction Market Regulatory Classification Reaches Critical Stage

Major League Baseball has reached a $300 million partnership agreement with prediction market platform Polymarket, aimed at enhancing transaction transparency and compliance for sporting events, marking an important signal of support for prediction markets in the sports industry. The agreement includes data sharing and market integrity mechanisms, though it faces state legal risks.

SEC Token Classification Framework Takes Effect, Bitcoin and Ethereum Face Major Regulatory Status Shift

The U.S. Securities and Exchange Commission (SEC) has released a "Token Classification Framework" that provides clear guidance for cryptocurrency asset regulation and reduces compliance uncertainty. This guidance categorizes crypto assets and helps promote industry stability, but formal legislative support is still needed to ensure long-term predictability.

Bank Executive Reinforces Bolivia's Cryptocurrency Pivot Relevance Amidst Dollar Drought

Alvaro Rosenblüth, treasury and exchange manager at Banco de Crédito de Bolivia, stated that the Central Bank of Bolivia lifted the ban on cryptocurrency operations out of necessity. Stablecoins are now acting as a dollar proxy, enabling remittances and payments to combat the dollar shortage. Boli

UK Crypto Tax New Rules Take Effect, User Data Sharing Raises Security Risk Concerns

The United Kingdom implemented new CARF-based regulations on March 20th, requiring crypto service providers to submit detailed user information to tax authorities, with automatic data exchange with over 70 countries planned for 2027. This mechanism aims to curb tax evasion but has raised privacy and security concerns, particularly regarding the increase in violent incidents such as "wrench attacks." Analysts believe that balancing regulation with user safety will be a key challenge going forward.