Paul Chan: The first stablecoin issuer licenses will be issued in March, and a draft of the digital asset policy ordinance will be submitted within the year.

Bank–Crypto Clash Slows Senate Clarity Act Progress

Dispute over stablecoin reward programs between banks and crypto firms has slowed progress on the Senate Clarity Act. Banks warn rewards could trigger deposit flight, while crypto advocates say evidence of major shifts is limited. Lawmakers including Sens. Alsobrooks and Tillis are

Iran's New Supreme Leader Takes Hardline Stance for First Time, Threatens to Close Strait of Hormuz

Analyst Dara Doyle stated that following Mujtaba Khamenei's election, his hawkish rhetoric indicates Iran is not prepared to make concessions to the US and Israel, will continue to close the Strait of Hormuz, and threatens to open new fronts. This has intensified market concerns about oil supply disruptions, leading to rising oil prices and US Treasury yields, falling stock markets, and the US dollar index reaching intraday highs.

UK Tax and Customs Authority Plans to Procure Blockchain Forensics Tools, with Total Contract Value of Approximately $4.6 Million

The UK Tax and Customs Authority plans to procure blockchain forensics software to strengthen its efforts against digital asset money laundering and tax fraud, with a total value of approximately 3.42 million pounds and a three-year contract term. This move reflects global emphasis on digital asset compliance, highlighting the importance of cross-chain tracking and data analysis.

The foreign ministers of the Group of Seven will hold a conference in Paris on March 24-25 to consult on diplomatic solutions to end the Iran war.

Gate News reports that on March 12, Canada's Foreign Minister stated that the foreign ministers of the G7 will hold a meeting in Paris on March 24-25 to discuss efforts to promote diplomacy to end the Iran war.

Trump: Rising Oil Prices Benefit America, Preventing Iran from Having Nuclear Weapons is More Important

Gate News Reports: On March 12, US President Trump issued a statement regarding oil prices and Iran's nuclear weapons issue. Trump stated that the United States is the world's largest oil producer, far ahead of other countries, and therefore benefits considerably when oil prices rise. However, he emphasized that as president, the more important task is to prevent Iran from possessing nuclear weapons and to prevent this country from destabilizing the Middle East and even the entire world. Trump said: "I will never let this happen!"

U.S. Department of Defense CTO: OpenAI receives the same terms as Anthropic and will replace the latter within 6 months

Gate News report: On March 12, the U.S. Department of Defense Chief Technology Officer Emil Michael recently disclosed that OpenAI has obtained the same cooperation terms with the U.S. Central Command as Anthropic. Michael stated that Anthropic is attempting to redefine the meaning of "domestic surveillance," with the intention of transferring this power from Congress's hands, and that its policy preferences are contaminating the supply chain. The U.S. Department of Defense plans to replace Anthropic with other systems within 6 months, during which it will be closely monitored to ensure control remains in the department's hands.