Gate News Announcement: On March 10th, U.S. Democratic lawmakers will introduce a bill on March 11th to explicitly prohibit trading contracts related to events involving war and death.

China strengthens its regulatory policies on cryptocurrencies, reaffirming a comprehensive ban on RMB-pegged stablecoins and classifying most RWA tokenization activities as illegal. The market response is muted, indicating that investors have adapted to this change. The policy's first mention of stablecoins may signal future regulatory reforms, but implementation will still take time. Global digital asset trading could develop into a USD-denominated system, with liquidity being a key factor. Future regulatory frameworks will influence the global market landscape.

On March 8th, U.S. Congressman Michael Cloud, along with 28 other members of Congress, sent a letter to the Capitol demanding a permanent ban on the issuance of Central Bank Digital Currencies (CBDCs). They believe the current temporary ban is insufficient, warning that CBDCs could threaten financial surveillance and citizens' freedoms, and calling for the reinstatement of stricter ban provisions.

Gate News Report, March 7 — According to Korean media, the Korea Financial Services Commission is drafting the "Corporate Virtual Currency Trading Guidelines," which may exclude stablecoins from the permitted investment scope. The guidelines will outline the standards for listed companies and registered professional investment firms to trade digital assets for investment or financial purposes. To prevent reckless investments in the early stages of the market, regulators have decided to exclude dollar-pegged stablecoins such as Tether (USDT( and USD Coin )USDC( from the allowable investment range.

Gate News reports that on March 6, New York State proposed a bill aiming to ban AI from answering questions in professional fields such as medicine, law, dentistry, nursing, psychology, and engineering. The related analysis indicates that the bill is seen as an effort by professionals in these fields to protect their knowledge monopoly through policy measures. The analysis states that lawyers, doctors, engineers, and other professionals want to restrict AI's use in contract drafting, medical report interpretation, design review, and other areas to maintain their market position for professional services.

The Pentagon uses OpenAI models through Microsoft Azure without directly negotiating with OpenAI. Microsoft has invested 13 billion dollars since 2019, and products on Azure are not restricted by OpenAI policies. In January 2024, OpenAI announced support for government defense projects, confirming existing Pentagon usage.

New York State has proposed a bill to ban AI from answering professional questions in fields like medicine and law, effectively protecting monopolies in high-fee industries and preventing the public from understanding AI's efficient capabilities in these areas.

According to 1M AI News monitoring, the UK's Information Commissioner's Office (ICO) has officially written to Meta regarding the user data processing practices of Meta Ray-Ban AI glasses, requesting an explanation of their approach. Previously, Swedish media investigations revealed that employees of a Kenyan outsourcing company saw users' private images while annotating data for AI features. The ICO described the report as "concerning."

The U.S. Senate advances the "21st Century Housing Roadmap Act," explicitly restricting the Federal Reserve from issuing central bank digital currencies before 2030, aiming to improve housing affordability and protect financial privacy. The bill is supported by the White House, but the expiration clause in 2030 has sparked uncertainty, and future CBDC policies remain controversial.

Investment bank TD Cowen believes that the banking industry may be at a disadvantage in the debate over stablecoin yield policies, which could delay the progress of the U.S. Crypto Market Structure Act. The report notes that banks' opposition to stablecoin yields may harm consumer interests, making political support difficult to sustain. Meanwhile, the OCC is proposing rules related to stablecoins, including a ban on direct interest payments, and will also seek public comments in the future.