The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

On March 24, Bitcoin topped $71,000, posting a 24-hour gain of 4.66%, per HTX market data.

On March 24, data from Onchain Lens shows two new addresses withdrew a combined 10,137 ETH (roughly $21.76 million) from Binance. Details: - Address 0x905 withdrew 7,164 ETH (valued at $15.37 million) from Binance; - Address 0x703 withdrew 2,973 ETH (valued at $6.39 million) from Binance.

March 24 (CoinDesk) — Crypto industry participants got their first look at updated stablecoin yield provisions in the Senate’s revised *Digital Asset Market Structure Clarity Act* during a closed-door Capitol Hill hearing Monday in Washington, D.C., with initial reactions calling the language “too narrow and unclear.” The new provisions, unveiled last Friday by Sens. Angela Alsobrooks and Thom Tillis, would ban rewards for holding stablecoins alone, restrict practices that equate to bank deposits, and impose additional limits on allowed activities—though the specific mechanism for activity-based stablecoin rewards remains unclarified, per a source familiar with the draft. The compromise stems from lobbying between crypto and banking groups: Banks argued stablecoin yields should not resemble interest-bearing deposits, warning competitive products could harm the industry and stifle lending. The final middle ground allows rewards tied to user stablecoin activity, not account balance

On March 24, the Trump administration is secretly evaluating Iranian Parliament Speaker Mohammad Bagher Ghalibaf as a potential partner—even a possible future Iranian leader—signaling Trump’s shift from military pressure to a negotiation-focused strategy to end the conflict. The 64-year-old Ghalibaf has repeatedly threatened retaliation against the U.S. and its allies, but two administration officials say at least some White House aides view him as a viable partner who could steer Iran through the conflict’s next phase and negotiate with the Trump team. One official called him “a solid option” but emphasized no final decision has been made: “He’s among the top candidates. But we need to vet them—we can’t rush this.” Ghalibaf denied holding talks with the U.S. on Monday, but administration officials downplayed his remarks as a domestic political maneuver. “We’re in a vetting phase right now—figuring out who can rise, who wants to rise, who’s angling to rise,” another officia

**Iranian Officials: Trump Lacks Authority to Set Iran Negotiation Conditions; No U.S.-Iran Talks Held** A senior Iranian official said March 24 (local time) that U.S. President Trump has no authority to set conditions or deadlines for negotiations with Iran. The official noted Tehran and Washington have exchanged messages via Egypt and Turkey to de-escalate tensions, but the U.S. has not accepted Iran’s two core demands: compensating for losses and acknowledging infringements on Iran. Closing the Strait of Hormuz and laying mines remain among Iran’s prepared options to respond to potential actions, he added. Iranian Foreign Ministry spokesman Baghaei said March 23 that Iran has received messages from friendly countries in recent days about the U.S.’s request to end tensions through talks. Iran has responded appropriately based on its principled position and has not held any negotiations with the U.S., he stated.

March 24 (NYT/WSJ CN) — U.S. defense officials said senior military leaders are weighing deploying a combat brigade from the Army’s 82nd Airborne Division and some of its headquarters staff to support U.S. operations in Iran. The officials characterized the potential moves as carefully planned, noting neither the Pentagon nor U.S. Central Command (CENTCOM) has issued formal orders. The combat unit would draw from the 82nd’s “Immediate Response Force” — a ~3,000-soldier brigade able to deploy globally within 18 hours. The force could be tasked with seizing Iran’s key oil export hub, Kharq Island. Another option under review: if President Trump authorizes the military to seize the island, the ~2,500-strong 31st Marine Expeditionary Unit (MEU) currently en route to the region could be deployed instead. (Wall Street CN)