Chinese Central Commission for Discipline Inspection Issues New Regulation: State-Owned Enterprise Leaders Prohibited from Accepting Virtual Currency and Other Assets

On March 24, research and brokerage firm Bernstein noted that Bitcoin has likely bottomed out and is set to extend its upward trend, while retaining its price target of $150,000 by 2026. Despite a 50% decline from its all-time high, MicroStrategy Inc. (ticker: MSTR) has shown strong resilience, currently holding roughly 3.6% of Bitcoin’s total supply—valued at around $53.5 billion as of recent market prices. Bernstein views MicroStrategy as a high-beta play on Bitcoin, with the company also boasting a relatively strong balance sheet. Instead of paring its Bitcoin holdings, MicroStrategy has continued accumulating the crypto at recent lows, having secured $7.3 billion in financing in 2026 to expand its position.

March 24, Polymarket launched a fee rebate program, where users are eligible for up to 30% of their incurred fees in rewards.

On March 24, The Block reported that BitGo Prime—cryptocurrency custody provider BitGo’s platform—will partner with Susquehanna Crypto, the digital asset-focused arm of Susquehanna International Group, to offer users an over-the-counter (OTC) trading channel for the prediction market space. Traders will be able to use stablecoins and other crypto assets as collateral, allowing them to tap into the fast-growing prediction market without liquidating their existing digital asset holdings. The service will be accessible via BitGo’s trading interface and will leverage Susquehanna Crypto’s bilateral execution capabilities and liquidity support.

On March 24, Bloomberg reported that Circle Internet Group has struck its first partnership in Africa, teaming up with a unit of Nvidia-backed Cassava Technologies to enable users to transact using the U.S. firm’s stablecoin. Sasai Fintech Ltd.—a Cassava Technologies business unit that operates a remittance app across 30 African markets—will now use USDC for domestic and cross-border payments.

March 24 — The New York Stock Exchange (NYSE) is partnering with Securitize to develop a tokenized securities platform, per *The Wall Street Journal*.

**CoinDesk: Invesco to Acquire Superstate’s Tokenized U.S. Treasury Fund** According to CoinDesk, U.S.-based asset management firm Invesco — which oversees $22 trillion in assets under management — will take over Superstate’s tokenized U.S. Treasury bond fund, marking a further push by large traditional asset managers into blockchain finance. The USTB fund holds short-term U.S. Treasury assets worth over $900 million, making it one of the largest tokenized U.S. Treasury bond funds in the space. This niche market is growing rapidly, with the goal of bringing money market funds onto the blockchain. The transition is expected to wrap up in the second quarter of 2026; at that point, the fund will be renamed the Invesco Short Duration U.S. Government Securities Fund, while retaining its original ticker and token structure. This move also signals Invesco’s official entry into the roughly $12 billion tokenized U.S. Treasury bond market, competing alongside global giants like BlackRoc