Circle CEO Jeremy Allaire said artificial intelligence could significantly disrupt the labor market and many roles face replacement risk, calling for proactive societal response, in an interview on Bloomberg Originals' "The David Rubenstein Show." He warned that advances in quantum computing may break current cryptographic schemes and pose risks to cryptocurrency infrastructure, including Circle's systems. Allaire said Circle is working on quantum-resistant technologies and aims to deploy quantum-defensive infrastructure between 2026 and 2027.

Taiwan's Shilin District Prosecutors Office has indicted 14 individuals tied to BitShine, BiXiang Technology and the CoinW brand for laundering approximately NT$2.3 billion and defrauding more than 1,500 victims of around NT$1.275 billion, court records show. Prosecutors allege that cash was converted into crypto assets including Tether (USDT) under fraud, money laundering and organized crime statutes, while dismissing claims of a separate "Bitgin" platform or NT$150 million mastermind case, BTCC.com and the prosecutors office said. Taiwan has tightened anti-money laundering oversight for Virtual Asset Service Providers, now requiring VASP registration, and authorities urge investors to verify the legal entity and regulatory status behind exchange brands and scrutinize cash-to-crypto conversion patterns, according to the Ministry of Justice.

A document recovered from intermediary Mauricio Novelli's phone describes a $5 million payment arrangement for the LIBRA cryptocurrency token project, with most funds allegedly linked to support for President Javier Milei, El Destape reported on March 15. The document, dated February 11, 2025, outlines three tranches: an upfront $1.5 million in tokens or cash, a second $1.5 million if Milei names Hayden Davis as his social media adviser, and a final $2 million after Milei and his sister Karina Milei sign a government consulting contract tied to blockchain or AI. El Destape said "H" likely refers to Hayden Davis, CEO of Kelsier Ventures, who met the Milei siblings at the presidential palace, and noted the document was recovered by Argentina's prosecutorial technical investigation unit and is now a key exhibit in the ongoing "crypto scandal" probe.

HSBC and Standard Chartered are expected to receive Hong Kong's first stablecoin licenses as early as March 24, Bloomberg reports. The Hong Kong Monetary Authority has received 36 applications under its Stablecoin Ordinance, which took effect in August 2025, and is prioritizing the city's note-issuing banks as better-capitalized firms are viewed as safer issuers. Standard Chartered plans to launch a Hong Kong dollar-backed stablecoin through a joint venture with Animoca Brands and HKT.

U.S. Securities and Exchange Commission Commissioner Hester M. Peirce has outlined an "innovation exemption" initiative for tokenized securities that would allow restricted trading and technology pilots in certain tokenized instruments, ChainCatcher reports. Peirce noted the approach is more conservative than the industry's concept of a "full exemption" and proposed examining which tokenization models for different classes of securities could fit within the innovation exemption, including whether third parties should need issuer consent before creating tokenized versions of existing shares. She said the SEC is assessing issues such as whether current disclosure rules adequately capture tokenized ownership structures, the disclosure duties of brokers and clearing agencies involved in tokenized issuance, the consistency of atomic settlement with the T+1 settlement cycle, and how supervisory powers apply in settings without intermediaries or with new types of intermediaries.

Regulatory uncertainty over stablecoin classification could further disadvantage traditional banks compared with crypto firms, Cointelegraph reports. Colin Butler, Executive Vice President of Capital Markets at Mega Matrix, said bank legal advisers have urged boards to postpone major spending on stablecoin infrastructure because it remains unclear whether these assets will be treated as deposits, securities, or independent payment instruments, and risk and compliance teams will not authorize full rollouts until classifications are settled. Banks that have already committed resources face deployment limits, while crypto exchanges offer 4%–5% yields on stablecoin balances, which may accelerate fund shifts among more adventurous users. Fabian Dori, Chief Investment Officer at Sygnum, said this uneven competition is meaningful but has not yet caused large-scale deposit withdrawals as banks still stress trust, regulation, and resilience, adding that pressure could intensify if stablecoins are designated as "productive digital cash" and that yield caps might drive stablecoin activity offshore; banks are less able than crypto companies to operate in regulatory gray areas, which compounds their disadvantage.

Coinbase CEO Brian Armstrong publicly endorsed veteran investor Stanley Druckenmiller's view that stablecoins will become core infrastructure for global payments over the next 10 to 15 years, following Druckenmiller's interview with Morgan Stanley. The alignment links a major regulated crypto exchange with a long-established traditional markets investor, highlighting shared belief that blockchain-based digital assets can address inefficiencies in cross-border payment systems. The World Bank reported that individuals sent more than $800 billion internationally in 2023, often incurring high fees and delays, while policymakers in regions such as the European Union advance frameworks like MiCA as governments and central banks examine consumer protection, AML, financial stability and interoperability for stablecoins.

U.S. CFTC Chairman Mike Selig said in a Bankless interview that the GENIUS Act has effectively ended "regulation by enforcement" in the crypto industry. He added the CLARITY Act is "on the cusp of getting signed into law," signaling further progress on dedicated crypto legislation. Selig emphasized he wants to ensure innovators do not need to seek permission each time they launch something new.