According to PANews, Colombian Senator Gustavo Moreno and Congress Representative Julián López have introduced a bill aimed at establishing a legal framework to protect cryptocurrency users in the country. Moreno highlighted that the absence of regulation allows cryptocurrency exchanges and other companies to operate in an unregulated environment, posing uncertainty and risks to customers. The proposed legislation includes 16 provisions covering monitoring, marketing rules, education, cryptocurrency taxation, and anti-money laundering and counter-terrorism financing measures (AML/CFT). The lawmakers stated that by 'protecting users,' the bill could also encourage cryptocurrency investment in the long term. Additionally, the bill seeks to introduce a licensing system for cryptocurrency operators, requiring them to register as Virtual Asset Service Providers (VASP). In other countries, VASP licensing systems typically aim to ensure that cryptocurrency exchanges and wallet companies comply with AML/CFT protocols. Since 2021, the Colombian Financial Superintendency has been conducting pilot projects related to cryptocurrencies. However, these pilot projects have yet to produce a 'specific regulatory framework.'

Odaily Planet Daily News Ethereum Co-Executive Director Tomasz K. Stańczak said on X: "Due to the impact of the encrypted strategic reserve, now is the time. For all those who build large-scale stable DeFi, institutional custody solutions, institutional pledges, stablecoins, and institutional wallets, this is a short opportunity to demonstrate the maturity, security, and extensive integration of the Ethereum ecosystem with global finance. I can't guarantee that the Ethereum Foundation will be able to deliver it quickly enough, and I'm not sure if Etherealize is fully operational to do this within hours, so go quickly, don't wait for us."

On 7 March, President Trump will host a crypto summit, uniting industry leaders and the President’s Working Group on Digital Assets. Led by AI and Crypto Czar David Sacks, the event seeks to balance regulation and innovation, but skepticism lingers. Will it deliver long-awaited clarity?

Joseph Lubin, founder of Consensys and co-founder of Ethereum, praised Trump's "calling" behavior on social media, saying that it was an epic call, and President Trump was a responsive and confident leader, thank him. Joseph Lubin explained that he and his colleagues at Consensys spent a lot of time in Washington, DC before and after the November 5 election. In order to let the Trump administration understand the status, maturity and capabilities of Ethereum. The Trump family is very keen to build many businesses on Ethereum. Of course, they will use other chains and tokens as appropriate, but in addition to holding BTC, no other platform is a prudent choice for high-value projects, such as DeFi and RWA.

According to the official announcement, Binance will update the collateral ratio of some assets under the PortfolioMargin mode at 06:00 (UTC) on March 7, 2025. The update is expected to be completed in about an hour. The specific adjustments are as follows: the collateral ratio of BCH, XTZ, and MANA will be reduced from 85% to 75%; the collateral ratio of ONE will be reduced from 80% to 70%; the collateral ratio of BAT and DENT will be reduced from 80% to 65%. Please note that the collateral ratio adjustment will affect the unified maintenance margin rate (uniMMR), and users need to pay close attention to avoid potential liquidation risks. (This newsletter is generated by AI)

Odaily Planet Daily News: On-chain data analyst Yu Jin Monitoring said that the 499,000 ETH stolen by the Bybit hacker may be completely washed today and tomorrow, and there are only 60,000 ETH (about 148 million US dollars) waiting to be washed in the current address. In the past 24 hours, the Bybit hacker washed away 96,500 ETH.

On Mar 03, 2025, 01:33 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 93,000 USDT benchmark and is now trading at 93,048.929688 USDT, with a narrowed 8.16% increase in 24 hours.

1. The market rebounded sharply due to Trump's remarks on cryptocurrency reserves; 2. Trump instructed the presidential working group to promote strategic reserves of cryptocurrencies including XRP, SOL and ADA; 3. Trump: BTC and ETH will also become the core of the reserve; 4. David Sacks: Cryptocurrency reserves may add more valuable cryptocurrencies; 5. Arthur Hayes: Cryptocurrency reserves are just empty talk now, and the United States has no budget to increase its holdings of Bitcoin or altcoins; 6. Coinbase co-founder: Bitcoin is the best choice for strategic reserves, and a crypto market value index can be launched to maintain fairness and justice; 7. CryptoQuant CEO: Bitcoin's current rise is driven by whales on Coinbase; 8. The whale's "10 big goals first" has been closed, and this order has made a profit of US$15.39 million; 9. Cronos: It plans to reissue 70 billion destroyed tokens to support the strategic reserve plan.

null source: https://x.com/DaanCrypto/status/1896372914968207818

null source: https://x.com/DaanCrypto/status/1896372542321078315

null source: https://x.com/DaanCrypto/status/1896371940174299194

Golden Finance launches the 2618th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

After the holiday, the State-owned Assets Supervision and Administration Commission held an important meeting to encourage central enterprises to conduct overseas strategic asset reserves and cross-border financing pilot projects, and mentioned RWA (real world assets).

I have said that during a bull market in gold, Bitcoin should significantly outperform gold.

If the history of blockchain is the history of Bitcoin's expansion, then Ethereum's cyclical upgrades are the core indicator of the direction of expansion.

The Ethereum Foundation recently appointed two co-executive directors: Hsiao-Wei Wang and Tomasz Stanczak.

This week, 38 blockchain startups raised a total of $540.6 million in funding. The largest funding round this week: Figure raised $200 million in a public fundraising round.

With David Sacks pushing for it, an encrypted meeting at the White House is imminent.

A black swan event suddenly occurred in the cryptocurrency market: the Bybit exchange wallet was hacked, with losses reaching as high as $1.5 billion, setting a record for the largest security incident in history.