Sacks, Garlinghouse Push for Progress in Stablecoin Compromise Under CLARITY Act

US submarine "for the first time since World War II" torpedoed and sank an Iranian warship, vowing to control the airspace within a week! Germany and Spain refuse to participate in the war, while the UK strongly supports it.

U.S. Secretary of Defense Hagel announced that U.S. submarines sank an Iranian warship in the Indian Ocean, marking the first time since World War II that a torpedo was launched against an enemy vessel, indicating an escalation of the U.S.-Iran conflict. Iran has activated a long-term war emergency plan to ensure economic stability. European allies are showing cracks, with Germany taking a clear dovish stance and refusing to participate in the war, while the UK remains ambiguous. Bitcoin has demonstrated resilience during the conflict.

Crypto Political Action Committee Fairshake scores first victory in the 2026 U.S. Congressional primaries

The Crypto Industry Political Action Committee Fairshake achieved an initial victory in the 2026 U.S. Congressional primaries, with several pro-crypto candidates successfully advancing, especially Jessica Steinmann and French Hill who performed outstandingly. Fairshake also worked to eliminate crypto critic Al Green, who fell behind blockchain supporter in the primaries.

Sources: UK and US have disagreements on cryptocurrency cooperation

Regulatory agencies in the UK and the US have disagreements regarding testing blockchain financial securities. The UK favors "sandbox" testing, while the US is more supportive of "exemption relief." Although there is consensus on stablecoin regulations, the two sides still have differing opinions on specific testing approaches, and recommendation reports are expected to be submitted before summer.

The UK and the US will establish a transatlantic working group to streamline access to capital markets and strengthen cryptocurrency cooperation

ChainCatcher News, the UK Treasury announced on Monday that the UK and US governments will establish a "Transatlantic Future Markets Working Group" aimed at reducing the cumbersome procedures for companies entering the capital markets of both countries and improving cooperation in the digital asset sector. The working group will submit a report within 180 days, exploring short-term collaborative improvement plans and long-term options, especially in the wholesale digital markets. This move has been approved by UK Chancellor of the Exchequer Rachel Reeves and US Treasury Secretary Scott Bessent, and will be co-chaired by officials from both countries' finance ministries, with participation from regulatory agencies of both nations.

Trump officially nominates Federal Reserve Chair candidate! Woz: Bitcoin is the new gold

Trump has nominated Kevin Wash to serve as Federal Reserve Chair for a four-year term, and he has also served as a board member for fourteen years. As a Bitcoin supporter, Wash's stance has attracted attention in the crypto market, but his confirmation process faces resistance from the Democratic Party, with the core issue being the preservation of the Federal Reserve's independence. Additionally, U.S. crypto asset regulation still has a vacuum, and a new CFTC commissioner is urgently needed.

Why did Bitcoin rise today? Iran signals negotiations, Trump announces maritime energy trade insurance

Bitcoin broke through $72,000 on March 5, driven by three major macro factors: diplomatic contact between Iran and the US CIA, Federal Reserve officials supporting interest rate cuts, and US escorting oil tankers promising to reduce energy supply risks. Strong economic data further supported market risk sentiment.