Fed Governor Notes Fading Crypto Euphoria; Chinese Exchanges Tighten Rules; Senators Query UAE Stake in WLFI

Bank of Canada issues its first tokenized bond! An integrated ledger for issuance, bidding, and settlement

The Bank of Canada completed the "Project Samara" experiment, successfully issuing $100 million CAD in tokenized bonds through distributed ledger technology for issuance and settlement, enhancing efficiency in the bond market. However, regulatory and infrastructure challenges still need to be addressed. The experiment demonstrated the potential impact of digital financial infrastructure on traditional markets.

Lummis pushes for crypto tax exemptions before stepping down, CLARITY bill stalemate remains unresolved

Wyoming Senator Cynthia Lummis is advocating for tax exemptions on cryptocurrency transactions under $300 to promote everyday use of cryptocurrencies. However, the CLARITY Act faces obstacles in the Senate, mainly due to regulatory disputes over crypto token stocks and opposition from the banking industry. With Lummis stepping down soon, the legislative prospects remain uncertain.

U.S. CFTC Chair Outlines Future Priorities: Clarifying Crypto Regulations, Ending Regulatory Disputes with SEC, and More

CFTC Chairman Mike Selig stated at the conference that the United States is experiencing a technological revolution driven by AI and blockchain, emphasizing the need to adjust the regulatory framework to adapt to changes. Key areas include derivatives market regulation, addressing legacy issues in legislation, clarifying the classification of crypto contracts, and prioritizing agricultural and energy needs.

ETH 15-minute increase of 0.96%: On-chain large-volume buying pressure intensifies amid macro and industry positive developments

From 00:15 to 00:30 on March 10, 2026 (UTC), the price of ETH increased by 0.96% within 15 minutes, with a price range of 1994.66 to 2015.21 USDT, and a volatility of 1.03%. During the same period, market trading activity was active, liquidity flows significantly increased, social attention rose, and volatility intensified. The main driver of this ETH price fluctuation was the occurrence of multiple large buy orders on-chain. Institutional and large-scale investors concentrated their funds into mainstream trading platforms, with nearly 48,000 ETH in trading volume supporting the rapid price movement.

Circle stock price increased by 9.7% in a single day, with a monthly cumulative increase of 86%

Circle (CRCL) stock price rose 9.7% on March 10, with a total increase of 86% over the past month. Analysis indicates that the situation in Iran has led to a rise in crude oil prices, boosting inflation expectations and potentially influencing the Federal Reserve's interest rate cuts. Meanwhile, high interest rates benefit stablecoin issuers, and changes in trader positions contributed to this significant surge.

CICC: The risk of a 'stagflation-like' situation in the U.S. has further increased and been validated

CICC pointed out in its report that the U.S. economy faces a risk of "quasi-stagflation," with rising inflation stickiness, AI impacting employment, and increasing financial risks. The Federal Reserve's rate cuts may be delayed, economic growth is expected to slow down, risk premiums in the capital markets are rising, and capital allocation is tending toward risk aversion.