policies

As the 2026 midterm elections in the United States approach, a new cryptocurrency political action committee (PAC) — Blockchain Leadership Fund (BLF) was officially launched on March 30, 2026. The fund was initiated by members of The Digital Chamber to support candidates promoting digital asset and blockchain-friendly policies across federal, state, and local elections.As a hybrid PAC, it can both make direct contributions to candidates and fund independent political advocacy efforts. Early supporters include Anchorage Digital and Chainlink Labs. The cryptocurrency industry is intensifying its efforts to influence the legislative process for digital assets in the U.S., especially during this critical period of discussions around regulatory frameworks like the Digital Asset Market Clear Act.Meanwhile, the well-known crypto super PAC Fairshake (supported by Coinbase, Ripple, and Andreessen Horowitz) faced setbacks in the Illinois primary in March 2026. Despite the PAC's strong performance since 2023, having raised $260 million during the 2023-2024 election cycle, supporting 33 winners in 35 primaries, and continuously accumulating $193 million by the end of 2025.However, its recent investment of nearly $20 million in the Illinois primary yielded poor results, with over $10 million spent opposing Democratic Senate candidate Juliana Stratton and nearly $2.5 million opposing Congressman La Shawn Ford, ultimately resulting in failure for both.

According to Jinshi reports, Federal Reserve Vice Chairman Jefferson stated that the current policy stance should continue to support the labor market and help bring inflation back down.

According to a report by WSJ cited by Jinshi, U.S. President Trump plans to appoint several business giants to a technology committee, including Meta Platforms CEO Mark Zuckerberg, Oracle founder Larry Ellison, and NVIDIA CEO Jensen Huang. These members will provide opinions on artificial intelligence policies and other topics.According to White House officials, the President's Council of Advisors on Science and Technology (PCAST) will be co-chaired by the White House's AI and cryptocurrency advisor Sax and technology advisor Michael Kratsios.Officials stated that Trump plans to appoint the first 13 members from the industry on Wednesday, including Google co-founder Sergey Brin. According to an executive order, the committee could ultimately include 24 members.

According to market news, the Brazilian Minister of Finance revealed that the cryptocurrency tax policy is planned to be postponed until after the presidential election in October 2026 to make a decision.

According to Jinshi reports, Federal Reserve Chairman Powell stated that he does not wish to adopt overly tight policies due to the downside risks in the labor market.

QCP Capital released a market analysis stating that BTC's current price remains around $74,000, oscillating within a recent range with insufficient upward momentum.Although the overall cryptocurrency market is under pressure, the decline is relatively controllable compared to the pullback of other macro-sensitive risk assets. On-chain data shows that there is still buying behavior at lower levels, but spot trading volume is low, and recent price movements are mainly influenced by macro factors.On the macro level, this week is the most important central bank policy week of the year. The Federal Reserve will announce the results of the March interest rate meeting on Wednesday, while the European Central Bank, Bank of Japan, and Bank of England will successively release their decisions on Thursday. Due to high oil prices, the market has significantly lowered interest rate cut expectations, and the interest rate environment's support for crypto assets is weakening.At the same time, geopolitical risks persist, and oil prices remain around $100 per barrel, with the market overall maintaining stagflation expectations. QCP Capital points out that BTC currently does not exhibit pure high-beta risk asset characteristics, nor has it formed a stable inflow of safe-haven funds. Before the policy path and geopolitical situation become clearer, the range-bound oscillation pattern may continue.

According to Jinshi reports, KBC Bank analysts stated in a report that the bank expects the European Central Bank to raise interest rates at next week's policy meeting or in April.Analysts pointed out that if there is no unexpected ceasefire this weekend, the European Central Bank will face oil prices at $100 per barrel and difficult policy choices when it meets next Thursday. LSEG data shows that the money market expects the European Central Bank to keep interest rates unchanged in March and to factor in an interest rate hike of about 7.5 basis points for April.

According to the latest documents disclosed by the UK Electoral Commission, Thames-based investor Christopher Harborne has provided further donation support to the Reform Party. Harborne is estimated to hold about 12% of the shares in Tether, the world's largest stablecoin issuer. The disclosed documents show that following a £9 million donation made public last year, Harborne donated an additional £3 million in November.Under the leadership of Nigel Farage, the Reform Party has made digital assets a core part of its economic agenda, promising to make the UK a "primary hub" for digital assets and proposing to reduce the capital gains tax on cryptocurrencies from the current rate of about 18% to 10%. The Reform Party became the first UK political party to accept donations in digital assets in 2025, allowing supporters to donate using cryptocurrencies like Bitcoin. This move has raised concerns among some MPs; in January, the chairs of seven parliamentary committees urged the government to ban political donations in cryptocurrencies, arguing that digital assets could obscure the source of funds and pose a risk of foreign interference in the electoral system.

According to Jinshi, Federal Reserve official Kashkari stated that the U.S. economy does not need restrictive policies.

According to Jinshi reports, Federal Reserve Governor Barr stated that it is a prudent move for the Federal Reserve to take time to observe data before adjusting policy again.

The X platform account of FTX founder Sam Bankman-Fried (SBF) has recently been posting continuously, stating that former President Trump is correct on cryptocurrency issues, while Biden has messed up cryptocurrency. It is reported that this series of posts was made a few days after the release of former Alameda Research CEO Caroline Ellison.In addition, SBF praised Trump's initiatives on issues outside of cryptocurrency, while claiming, "All the world leaders I have met are fed up with Biden; he chose Gary Gensler as the chairman of the SEC." According to data from the cryptocurrency prediction platform Polymarket, traders currently believe there is a 17% chance that Trump will pardon SBF before 2027.

According to Jinshi reports, Federal Reserve Chairman Powell stated that there are countless possibilities for inflation and employment, which will prompt the Federal Reserve to adopt a combination approach for policy adjustments.

According to Jinshi reports, Federal Reserve Chairman Powell stated that a normalized policy stance should help stabilize the labor market.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the current policy helps to make progress in achieving two major goals.

According to Jinshi, U.S. Treasury Secretary Besant stated that the S&P 500 index has first crossed the 7,000 point mark, reflecting that we have implemented favorable policies for growth.

Liquid Capital founder Yi Lihua posted on platform X that crypto-friendly policies are gradually being realized, especially with the high likelihood of the crypto structural bill passing. This means that the crypto industry has ended its previously obstructed state and entered a new phase of healthy development in a favorable macro environment, where a large number of excellent founders and high-quality projects will emerge. At the same time, it clears the obstacles for U.S. financial institutions to participate on a large scale in the construction of crypto finance, allowing the crypto industry to fully integrate into the mainstream financial system.

According to Jinshi reports, Castle Fund CEO Griffin stated that President Trump is trying to encourage the Federal Reserve to implement a loose monetary policy, which has increased the risk of inflation.

The latest financial disclosure released by the White House on Thursday shows that as of December, Trump's investments in municipal bonds and corporate bonds included some corporate bonds affected by his government's policies, totaling at least $51 million.The bonds purchased by Trump include those from companies such as Netflix, CoreWeave, General Motors, Boeing, and Occidental Petroleum, as well as municipal bonds issued by various cities, local school districts, utility agencies, and hospitals across the United States. According to regulations, officials are only required to report trading activities within a range, so the specific amounts or transaction prices are unknown.Trump reported that he made a total of 189 buy transactions and two sell transactions between November 14 and December 29 of last year, with the latter amounting to at least $1.3 million. The U.S. government previously stated that Trump has consistently reported his investment activities as required, but he and his family do not participate in the specific management of the investment portfolio, which is managed by a third-party financial institution. (Jinshi)