Reminder: The White House has set March 1 as the deadline to resolve stablecoin reward disputes and advance the Clarity Act.

Justin Sun Reaffirms Zero-Tolerance Policy on Illegal Activities at Tron

TRON founder Justin Sun says his companies maintains zero tolerance against illegal activities like embezzlement, unauthorised computer access and bribery. He threatened legal action against those who spread false rumors online and ‘smear judicial organs’ just days after two of his companies

U.S. Senator: Stablecoin "Clear Act" requires compromise from all parties to advance, currently working on a middle-ground solution

Senator Alsobrooks stated at the Washington American Bankers Association Summit that in order to advance the Stablecoin Regulation Act, the "Clear Act," all parties need to compromise, emphasizing that the overall goal is more important than perfection. She is working with Senator Tillis to seek a balanced solution that protects deposits and promotes innovation.

The first in the U.S.! Florida's "Stablecoin Bill" passes successfully, and the government will accept stablecoin payments

Florida passes the first state-level stablecoin regulation bill in the United States, SB 314, bringing stablecoins into the money services regulatory framework. The bill requires issuers to obtain licenses and adhere to relevant consumer protection and anti-money laundering measures, helping to reduce compliance risks and laying the foundation for the legalization of digital assets. Florida also plans to pilot government agency acceptance of stablecoin payments, demonstrating its innovative leadership in the digital economy.

U.S. CFTC Chair: Blockchain prediction markets could become "truth machines," with clear regulatory rules coming soon

CFTC Chairman Michael Selig stated that blockchain-based prediction markets can enhance price discovery and information transparency, becoming a powerful "truth machine." Using the 2024 U.S. presidential election as an example, he emphasized that market pricing accurately reflects election outcomes. The CFTC will introduce new regulations to guide compliant trading of event contracts.

Polymarket hires Palantir and TWG AI to oversee sports contract trading

Polymarket is hiring Palantir Technologies and TWG AI to strengthen oversight of its sports contract trading, aiming to identify and prevent suspicious activities. This move comes amid increased regulation of prediction markets, with a focus on screening participants and cross-referencing banned lists.

The US IRS new crypto audit form requires reporting all exchange and wallet histories, involving over 100 platforms.

The IRS has introduced a new investigation form requiring taxpayers to disclose all cryptocurrency exchanges and wallet histories used. The form covers over 100 platforms and must be signed by the taxpayer to prevent underreporting and audits. It is recommended to consult a tax attorney. The audit focus will be on underreporters and high-frequency traders.