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

2 hours ago

**March 24 Update** The General Office of the CPC Central Committee and the General Office of the State Council have issued the *Regulations on Integrity and Professional Conduct for State-owned Enterprise (SOE) Leaders*. The rules explicitly bar SOE leaders from using their positions for personal gain—including accepting gifts, cash, securities, or virtual currencies from their company’s affiliated enterprises or business counterparts. They also prohibit agreeing to receive such benefits after resigning or retiring. The regulations emphasize that SOE leaders must strictly abide by Party discipline, national laws, and corporate rules; maintain clear public-private boundaries; act with integrity; prevent power-for-money transactions and systemic corruption; and strengthen state-owned asset protection and self-discipline on integrity.
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Tether has engaged one of the "Big Four" accounting firms to complete its first fully comprehensive audit.

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Solana Foundation Announces Launch of Developer Platform for the AI Era: SDP

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Market News: Iran is requiring a "Safe Passage Fee" from vessels passing through part of the Strait of Hormuz

March 24: Iran collecting "safe passage fees" from ships in part of the Strait of Hormuz – Golden Finance

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U.S. Stock Index Futures Extend Losses, Dow Jones Index Futures Down 0.6%

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Bernstein: Bitcoin Likely Bottomed Out, Maintains $150,000 Year-End Target

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.

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Polymarket Launches Fee Rebate Program, Offering Up to 30% Rebate

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

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