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

On March 2, Binance founder Changpeng Zhao (CZ)’s X account began following OpenClaw.

**March 2 – Geopolitical & Market Update** The U.S. and Israel launched a large-scale military operation against Iran, marking the third day of hostilities. Iran has closed the Strait of Hormuz, disrupting Red Sea shipping (with some routes blocked) and sharply slowing oil tanker movements. The U.S. has not announced plans to release its Strategic Petroleum Reserve (SPR)—a move markets interpret as Washington viewing oil prices as still manageable. Major investment banks have outlined key scenarios: Brent crude could top $100 if the strait stays closed long-term, while a quick conflict de-escalation may trigger a temporary retreat in the risk premium. Macro-wise, a dynamic of "inflation paired with geopolitical risk" is taking shape. U.S. January PPI rose 0.5% month-over-month (beating expectations), with core PPI climbing 3.4% year-over-year—signaling persistent upstream price pressures that limit the Fed’s scope for rate cuts. Sustained oil price gains could secondarily disrupt

On March 2, London-listed tech firm The Smarter Web Company added 3 Bitcoin to its reserves, pushing total holdings to 2,692. The current quarter’s Bitcoin Reserve Yield stands at -1.00%.

As of March 2, Bitget market data shows spot gold has broken above $5,400 per ounce, posting a 24-hour gain of 2.38%. Spot silver is currently trading at $95.59 per ounce, up 1.96% over the past 24 hours.

March 2 — Iranian military reports three British, U.S. oil tankers attacked in the Persian Gulf and Strait of Hormuz (per CCTV News)

Bitcoin fell below $66,000 on March 2nd, per HTX market data, posting a 1.27% 24-hour drop.