**MFQwFQ**

Stablecoin Yield Ban Deal Clears Path for Landmark Crypto Law in April
- This distinction between passive and active yields matters tremendously for how users interact with digital assets.
- A person who holds stablecoins simply to preserve value faces different constraints than someone actively participating in liquidity provision or governance.

The Biggest Crypto Regulatory Win in a Decade Failed to Boost Bitcoin – Why?
Intergovernmental blockchain advisor Anndy Lian, who has closely tracked the convergence of macro forces on digital asset markets, noted that cryptocurrency prices are now showing a 92% correlation with gold – a sign that digital assets are increasingly functioning as inflation hedges rather than high-growth technology investments.
Lian observed that this new identity offers little protection when both assets are facing pressure from the same macroeconomic forces at the same time.

SEC gives crypto win, markets don’t care: Why macro forces just crushed US$200M in Bitcoin
1/ Global markets declined on March 20, 2026, amid triple witching volatility. The S&P 500 fell 0.3% to 6,606.49, the Nasdaq dropped 0.3% to 22,090.69, and the crypto market cap slid 0.81% to $2.42T. Bitcoin broke below $70,000 as risk assets faced broad pressure from macro uncertainty.
2/ The Federal Reserve held rates at 3.50%-3.75% with hawkish guidance on March 19. Tensions in the Middle East threatened oil supplies, pushing WTI to $93.95 per barrel. Sticky inflation fears and geopolitical risks trig