BlockBeats News, March 27th, according to Iran's Tasnim News Agency, a cargo ship flying the Thai flag ran aground near Iran's Qeshm Island after being attacked in the Strait of Hormuz.

BlockBeats 消息，3 月 27 日，据 CNBC 报道，David Sacks 宣布卸任白宫 AI 和加密主管职务。

PANews reported on March 26th that, according to The Block, Mizuho analysts Dan Dolev and Alexander Jenkins stated that Mastercard's acquisition of stablecoin startup BVNK is expected to make it a "network connector" between fiat currency and cryptocurrency. The analysts pointed out that stablecoins will be an accelerator rather than a threat to existing networks, especially in areas such as B2B cross-border payments, remittances, the creator economy, and the gig economy, where card penetration is limited. Stablecoins can unlock faster, cheaper, and 24/7 payment capabilities. The analysts maintained their "outperform" rating on Mastercard with a target price of $666. Mastercard previously announced its plan to acquire BVNK for $1.8 billion . BVNK provides fiat and cryptocurrency deposit and withdrawal channels, stablecoin and tokenized deposit conversion, cross-chain functionality, and wallet infrastructure. Mizuho pointed out that BVNK's permissioned framework enables customers to quickly launch their businesses and supports the long-term transition to self-managed, bank-owned infrastructure; while Mastercard has joined the Global Crypto Partners program, which comprises more than 85 crypto-native companies.

PANews reported on March 26 that, according to The Block, global payments giant Visa has joined the Canton network as a super validator, marking the company's first participation in a blockchain governance proposal. Visa's application was approved on March 23, granting it the highest super validator weight of 10. Visa stated that it will "work with institutions to drive Canton into production" to complement its existing payments, settlement, and funds management strategies, and leverage Canton's payment layer to expand its stablecoin business. Canton is a privacy-focused, permissionless Layer 1 blockchain backed by institutional investors such as BNP Paribas, Citadel Securities, Depository Trust & Clearing Corporation, and Goldman Sachs, as well as crypto companies like Circle and Paxos. The network currently has 849 validators, including 42 super validators from companies such as DTCC, Nasdaq, Broadridge, Tradeweb, Chainlink, and YZi Labs. Visa has stated it will continue to maintain a "public blockchain neutrality" stance.

BlockBeats news, March 26, BitMine, the largest Ethereum crypto treasury, announced the launch of MAVAN, an institutional-grade Ethereum staking platform, which will operate validator infrastructure for its own holdings and external clients. The platform was initially developed to support BitMine's existing Ethereum treasury and is now open to institutional clients and custodians, with plans to onboard more ETH assets in the coming weeks. The new staking platform will combine U.S. infrastructure with globally distributed configurations and is expected to expand to more proof-of-stake networks and blockchain services.BitMine stated that it has staked 101,776 ETH in the past week and plans to continue increasing the amount allocated to MAVAN while staking most of its remaining Ethereum. The company estimates that, based on current yields, staking rewards could approach $300 million annually.

PANews reported on March 26 that, according to Jinshi, despite Tehran's public rejection of US diplomatic initiatives and its new conditions for ending the conflict that has severely impacted the Middle East and global markets, the White House insists that peace talks with Iran are ongoing. White House Press Secretary Karoline Leavitt told reporters on Wednesday, "The United States has been engaged in productive dialogue for the past three days. You are beginning to see the Iranian regime looking for a way out." Trump set a five-day deadline on Monday for Iran to negotiate an agreement to end the war. Now, half of that deadline has passed, and questions remain regarding the status of the negotiations and the likelihood of an agreement. Sources familiar with the matter revealed that the United States has drafted a 15-point peace proposal, which was then passed on to Iran by Pakistan. Leavitt stated on Wednesday that the reported US proposal was "partially true," but cautioned against speculation about the anonymous plan. According to CNN, Vice President Vance may travel to Pakistan this weekend for talks on Iran. When asked to comment on the report, Leavitt said, "The situation is still dynamic, and speculation about the meeting should not be taken as a final decision before a formal announcement." With the war nearing its fourth week, both sides continue their attacks in renewed efforts to pressure each other for a solution. Iranian state television reported an attack on the country's Bushehr nuclear power plant. When asked if the new timeline indicated Trump's desire to end the war by that point, Leavitt stated that the administration "has consistently estimated that this conflict will last approximately four to six weeks."

BlockBeats news, March 26, as the U.S. Securities and Exchange Commission (SEC) prepares to launch a tokenized asset innovation exemption program, the U.S. House Financial Services Committee held a hearing on "Tokenization and the Future of Securities: Modernizing Capital Markets" on March 25. Republican Representative Andy Barr stated that the tokenization of securities is an inevitable trend, and the U.S. needs to lead this process while protecting investors. Some Democratic lawmakers expressed concerns that the innovation exemption could weaken core securities regulation.SEC Chairman Paul Atkins said the agency will soon solicit public feedback on a series of issues related to future rulemaking, including a proposed innovation exemption that could serve as a regulatory sandbox for on-chain assets. Additionally, according to crypto journalist Eleanor Terrett, Paul Atkins indicated that the long-awaited tokenization innovation exemption may be introduced in the coming weeks.

BlockBeats news, March 26, Visa announced it will join the Canton Network, becoming the first major global payment company to serve as a super-validator. Visa will be one of 40 super-validators, helping banks and financial institutions move payment flows onto the blockchain.Rubail Birwadker, Head of Global Growth Products and Strategic Partnerships at Visa, stated: "Many banks view the lack of privacy as a critical barrier to moving meaningful activity on-chain. By operating as a super-validator on the Canton Network, we bring Visa-level trust, governance, and operational rigor to privacy-preserving blockchain infrastructure, enabling regulated financial institutions to put payments on-chain without rethinking their operational approach."

Market Update | March 25, 2026 Key Takeaways: Market Shock: Circle (CRCL) shares tumbled 20% and Coinbase (COIN) dropped nearly 10% following news of a restrictive new draft of the U.S. Clarity Act. Regulatory Headwinds: The proposed legislation targets the core of stablecoin incentives, aiming to ban passive rewards and structures "economically equivalent to interest." Competitive Pressure: Tether is capitalizing on the moment, securing a Big Four accounting firm for a full reserve audit to aggressively capture institutional market share. A massive repricing event hit the stablecoin sector on Tuesday. Shares of USDC issuer Circle (CRCL) plunged 20%, snapping a blistering 170% rally that began in early February. The shockwaves extended to Coinbase (COIN), a key partner that derives significant revenue from USDC integrations, which saw its stock decline by nearly 10%. Circle Price Charts We identify the latest iteration of the U.S. Clarity Act as the primary catalyst for this sell-off. The draft legislation strikes at the heart of USDC's current adoption model by threatening to restrict yield generation on stablecoin balances. The End of the "Pass-Through" Yield Model? While the earlier GENIUS Act explicitly banned issuers from paying yield directly to retail users, companies quickly engineered workarounds. The dominant structure became a "pass-through" model: Circle accrues interest on the traditional assets backing USDC and shares a portion of that revenue with platforms like Coinbase, which then distribute rewards to their end-users. The Clarity Act aims to close this loophole entirely by banning any financial structure deemed "economically equivalent to interest." As Amir Hajian, a digital asset researcher at Keyrock, noted, this legislative move effectively "pulls the rug on the pass-through model that has been driving stablecoin adoption." Similarly, Shay Boloor, Chief Market Strategist at Futurum Equities, argued that stripping away yield limits USDC’s trajectory toward becoming a true store-of-value asset. Tether Moves to Widen the Gap Complicating the landscape for Circle is an aggressive credibility play by its primary rival. Tether, the issuer behind USDT, announced it has retained one of the "Big Four" accounting firms to execute a long-awaited full audit of its reserves. If this audit successfully demonstrates robust risk management, Tether is positioned to significantly bolster its image among institutional players, potentially cannibalizing USDC’s market share precisely when Circle is battling regulatory headwinds. Wall Street’s Verdict: Crisis or Overreaction? Despite the red on the charts, institutional analysts are cautioning against panic, suggesting the severe price drop may be amplified by the stock's massive recent outperformance. Underlying Growth Remains Strong: Dan Dolev, an analyst at Mizuho, pointed out that the recent outperformance in USDC transfer volume proves that "use cases are starting to proliferate, which is a positive for the long-term." The Coinbase Paradox: Dolev also highlighted a counterintuitive short-term benefit for Coinbase. Because USDC accounts for roughly 20% of Coinbase's revenue—much of which is paid out as user rewards—a forced halt to these payouts could actually boost the exchange's near-term profitability. Market Overreaction: Owen Lau at Clear Street categorized the sell-off as a classic case of the market acting on impulse. "The actual situation doesn’t appear to be as bad as the headline indicates," Lau stated. "The market tends to shoot first and ask questions later." Looking Ahead Is this the end of stablecoin incentives? Likely not. Ryan Rasmussen, Head of Research at Bitwise, emphasized that the market will adapt. "There will be workarounds," Rasmussen projected, pointing to loyalty programs as a potential alternative to direct yield. Despite Tuesday's drop, Circle remains up more than 30% year-to-date. The company commands a 30% share of a stablecoin market that is projected to grow 10x over the next four years. Trade with Perspective on Tapbit: Regulatory news routinely triggers volatility spikes. We advise our traders to manage risk carefully, avoid over-leveraging during periods of legislative uncertainty, and monitor the progression of the Clarity Act closely. Ready to navigate the market volatility? Start trading on Tapbit today and leverage our advanced charting tools to stay ahead of the curve.

BlockBeats News, March 25th, according to The Washington Post, court records reveal that a senior aide to U.S. Department of Justice official Jenny Piro acknowledged in a closed-door hearing this month that the Justice Department lacks evidence of misconduct in its criminal investigation into Federal Reserve Chairman Powell regarding the renovation costs of the Federal Reserve building. (Jin10)