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Bank of England Deputy Governor Broadbent: Will Examine Whether the 60:40 Reserve Backing Ratio for Stablecoins Is Too Conservative

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On March 11, Bank of England Deputy Governor Broadbent stated the central bank will review whether the 60:40 reserve backing ratio for stablecoins is overly conservative. (Gold10)
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Israel acknowledges inability to ensure collapse of Iran regime, US indication end of war still far off

March 11—A senior Israeli official told Reuters that in closed-door discussions, Israeli officials have acknowledged a war with Iran would not necessarily lead to the collapse of its theocratic regime, and there are no signs of an uprising among the Iranian people despite ongoing bombardment. Two Israeli officials noted that while former President Trump suggested the war could end quickly, Israel’s assessment is the U.S. is far from directing an end to the conflict. On the day of the U.S.-Israel joint airstrike, Israeli Prime Minister Benjamin Netanyahu said: “Our joint action will create conditions for the brave Iranian people to take their destiny into their own hands.” He specifically referenced Iran’s main minority groups, fueling reports that the U.S. or Israel may back these groups in an uprising. However, Netanyahu reiterated in a statement Tuesday that while Israel hopes to help the Iranian people “break free from the shackles of tyranny,” ultimately “it’s up to them”—a sign

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Bitcoin Falls Below $69,000, 24h Change -1.38%

On March 11, per HTX market data, Bitcoin has dipped below $69,000, posting a 24-hour decline of 1.38%.

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Tencent Cloud Responds to OpenClaw's Wild Billing: Installation is Free, Subsequent Usage Will Incur Token Fees

March 11 – Tencent Cloud addressed security concerns related to OpenClaw and Tencent’s “Lobster” tool. On the question of whether OpenClaw engages in aggressive charging, Tencent Cloud stated: “A screenshot circulating on social media claims a user faced over 200 RMB in unauthorized charges after installing OpenClaw during Tencent Cloud’s public welfare promotion. Our backend investigation confirms this amount stems from the user’s historical large model invocation fees. OpenClaw itself is free to install, but invoking large models during use incurs Token fees—consistent with most current Agent tools.”

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Binance Sues Citing Defamation Over Report It Aided Iran Sanctions Evasion

On March 11, Binance filed a defamation lawsuit over a February 23 article in *The Wall Street Journal* that alleged the exchange assisted in evading sanctions in Iran.

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Wells Fargo Bank has filed a trademark application in the US to enter the cryptocurrency trading, payment, and tokenization service sector.

On March 11, Mega Bank—a giant in wealth management funds—filed a trademark application for "WFUSD" in the United States, covering three international trademark classes: - Class 009: Downloadable software for digital asset trading, payments, and wallet functionality; - Class 036: Cryptocurrency trading and exchange services, plus financial information processing and digital asset-related e-commerce; - Class 042: Software-as-a-service (SaaS) for asset tokenization, on-chain transaction payment infrastructure, data encryption, and electronic storage.

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The European Central Bank has released the Appia Roadmap outlining the long-term plan for the European Tokenization Financial Market

On March 11, the European Central Bank (ECB) unveiled its Appia Roadmap — a long-term plan to build a tokenized financial market in Europe centered on central bank digital currency (CBDC). Appia serves as a broad strategic framework for developing Europe’s future tokenized financial ecosystem, with Pontes as a core component. The ECB noted that its Pontes initiative is set to launch in the third quarter of 2026. Pontes will introduce a distributed ledger technology (DLT) solution for the Eurosystem, enabling central bank money settlement for market transactions via an interoperable network — and it will be compatible with the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service. The ECB has also launched a public consultation, with a feedback deadline of April 22. Additionally, the digital euro pilot project is scheduled to officially begin in the second half of 2027.

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