● The U.S. SEC will postpone the decision to approve the listing of Bitcoin ETF options to the end of April
The U.S. Securities and Exchange Commission (SEC) has delayed a decision on allowing the Chicago Board Options Exchange (Cboe) to list and trade Bitcoin ETF options, Blockworks reports.
Cboe first applied to list and trade its newly launched Bitcoin ETF options in January this year. The SEC said on Wednesday it would delay a decision on the proposed rule changes until the end of April.
● Do Kwon will be extradited to South Korea, and the U.S. request for temporary detention will not be considered an extradition request
The High Court announced that Do Kwon will be extradited to South Korea, local Montenegrin media pobjeda reported, Wu said. The appeals court noted that the U.S. action submitted to the department on March 25, 2023 could not be considered an extradition request because it requested provisional detention.
● The price of AI-related tokens has soared, and the market speculates that encryption products will be unveiled at the Nvidia conference
According to CoinDesk, the prices of AI-related tokens such as FET and AGIX have surged on speculation that crypto products will be launched at the Nvidia conference later this month. Meanwhile, Meme coins, which have driven gains in crypto markets over the past week, have seen a sell-off.
● The EU is about to pass strict artificial intelligence regulations
According to the Daily Planet, the European Union is about to pass comprehensive and strict artificial intelligence regulations. The European Parliament is scheduled to vote on the legislation on March 13, and it is expected to pass easily. The bill will basically take effect in 2026, and some provisions will take effect this year. The bill would regulate different uses of artificial intelligence based on risk, including bans on certain use cases, such as "emotion recognition" systems in the workplace, which would be subject to maximum fines: 7% of global revenue or €35 million, whichever is higher Whichever prevails.
While the EU is not the first jurisdiction to regulate artificial intelligence, the size of the European market means the EU Artificial Intelligence Act will have global ramifications.
● Fed Chairman Powell: Will carefully consider gradually lifting policy restrictions
According to Planet Daily, Federal Reserve Chairman Powell said that he is fully aware of the risks of cutting interest rates too late and will carefully consider gradually lifting the restrictive stance of policy this year if the economy develops as expected. The Federal Reserve is working hard to improve its follow-up supervision after the Silicon Valley Bank incident and is working on developing a new set of regulatory rule books. Earlier and more effective interventions will be implemented.
● ETH exceeded 3,900 USDT, reaching a new high since December 2021
According to Binance market data, ETH exceeded 3,900 USDT, setting a new high since December 2021.
● SOL hits $150 for first time since January 2022
Binance quotes show that SOL reached $150 for the first time since January 2022.
● BNB breaks through 470USDT
According to Binance market data, BNB exceeded 470 USDT.
