News

Odaily reported that French Hill, Chairman of the U.S. House Financial Services Committee, stated that the CLARITY Act is expected to address some regulatory issues not yet covered by the GENIUS Act. In an interview, Hill mentioned that the banking industry still has concerns about the proposed crypto regulatory framework, particularly regarding how crypto companies might be regulated in the future. Hill pointed out that the House passed the CLARITY Act last summer with bipartisan support, including 78 Democratic members voting in favor. This act is part of Washington's efforts to establish a regulatory system for digital assets, aiming to clarify how stablecoins and other digital assets operate within the U.S. financial markets. Additionally, policymakers are discussing whether crypto companies should be subject to the same level of regulation as banks. Hill stated that both parties have reached consensus on a key principle: stablecoins should not pay yields to holders, which is also a core issue discussed around the GENIUS Act.

BlockBeats News, March 14th: The US-Iran conflict has led to a "blockage" of the global energy transport chokepoint, the Strait of Hormuz. Maritime data shows that from March 1st to the present, only 77 ships have passed through the Strait of Hormuz. In comparison, from March 1st to 11th last year, 1229 ships passed through this strait. Agence France-Presse cited the UK's Lloyd's List Maritime Intelligence Agency on the 13th as reporting that most of the 77 ships that passed through were in poor condition, had not purchased proper insurance, and had unclear ownership. This institution that provides maritime data and analysis services stated that most of these ships belong to the so-called "shadow fleet," including tankers and natural gas transport ships that evade Western sanctions. (FX168)

Golden Ten Data reported on March 14 that the conflict between the US, Israel, and Iran has caused a “blockage” in the global energy transport route, the Strait of Hormuz. Shipping data shows that since March 1, only 77 vessels have passed through the Strait of Hormuz. In comparison, from March 1 to 11 last year, 1,229 vessels passed through this strait. On March 13, AFP cited the British Lloyd’s Ship Information Service, reporting that most of the 77 vessels that passed are old ships in poor condition, without proper insurance, and with unclear ownership. This institution, which provides shipping data and analysis services, stated that most of these ships belong to the so-called “shadow fleet,” referring to oil tankers and LNG carriers that evade Western sanctions.