As the Federal Reserve is about to hold an FOMC meeting, liquidity in the U.S. private credit market is tight, with several funds restricting investor redemptions, potentially triggering a chain reaction and causing capital to flow out to more liquid assets such as Bitcoin and Ethereum. Market risks are increasing, and it is important to monitor the Fed's policy moves and shifts in capital flows.

Trump plans to hold a limited cryptocurrency conference at Mar-a-Lago in Florida in April 2026, with 297 participants gaining admission through TRUMP token holdings rankings. This event once again combines politics with crypto assets, attracting market attention. The TRUMP token price has shown notable volatility and is expected to continue drawing attention as the conference approaches.

The Bitcoin Policy Institute (BPI) opposes the Basel Committee's high risk weighting standards set for Bitcoin, arguing that this will restrict banks from participating in crypto asset businesses. The BPI is calling on U.S. regulators to reassess Bitcoin's risk classification, pointing out that the current framework treats it as a "toxic asset," significantly increasing the cost for banks to hold Bitcoin. This issue could impact traditional financial institutions' strategies in the digital asset space.

Gate News reports that on March 13, Circle announced that its tokenized money market fund USYC has surpassed $2 billion in assets under management, becoming the world's largest tokenized money market fund. USYC is a product that tokenizes traditional money market funds using blockchain technology, allowing institutional investors to hold, trade, and manage yield-bearing assets on-chain. The fund mainly invests in short-term U.S. Treasury securities and repurchase agreements backed by U.S. government securities.

Gate News, on March 13, Backpack announced that it will hold a TGE (Token Generation Event) on March 23. According to the previously announced tokenomics, the TGE will release 25% of the total token supply, of which 24% will be allocated to point holders.

The U.S. Senate passed a housing bill that includes a provision banning the Federal Reserve from issuing a Central Bank Digital Currency (CBDC), with the ban lasting until the end of 2030. The bill's prospects in the House are uncertain, as some members oppose restrictions on the number of properties that large institutional investors can hold, which may affect the bill's progress.

Gate News reports that on March 12, Backpack officially announced that it will hold a token generation event (TGE) on March 23.

Gate News: On March 12, TON announced that due to the Middle East conflict and security situation in the UAE region, it has decided to cancel the Gateway Dubai event originally scheduled for May 1-2, 2026. TON will process refunds for Gateway tickets within 14 days. TON stated that it is exploring different formats for hosting and aims to hold a Gateway event before the end of this year, with relevant announcements to be released in the near future.

BlackRock launched the iShares Staked Ethereum Trust ETF (ETHB) on March 12, which will trade on Nasdaq starting March 13. The ETF will hold spot Ethereum and stake a portion of its assets, charging a 0.25% fee, with a 0.12% discount for the first $2.5 billion in assets, expanding its digital asset product line.

Germany's long-term Bitcoin holding tax-exemption policy, which has been in effect since 2009 through 2026, encourages investors to hold for over one year to avoid capital gains tax. This policy reduces the tax burden and attracts global investors to build Bitcoin investment portfolios in Germany, driving market attention.