An Iranian deputy governor for political and security affairs in Qom Province has stated that a recent attack did not result in any military casualties. According to Jin10, the official emphasized that the incident did not impact military personnel, although further details about the attack were not disclosed. The statement comes amid heightened tensions in the region, with various geopolitical factors influencing security dynamics.

The longstanding friendship between Beijing and Tehran is under strain following a recent attack on Iran. Bloomberg posted on X, highlighting that this development could lead to an awkward meeting between Chinese President Xi Jinping and U.S. President Donald Trump later this month. The geopolitical dynamics between the two nations are expected to be a focal point during their discussions.

China has opted not to establish ambitious targets for solar energy in its latest five-year plan, signaling the industry's growing challenges following years of rapid expansion. Bloomberg posted on X, indicating that the decision underscores the difficulties faced by the sector as it grapples with issues such as market saturation and technological hurdles. The move marks a shift from previous plans that aggressively promoted solar energy development, reflecting a more cautious approach amid evolving industry dynamics.

Asian high-yield dollar bonds are experiencing significant pressure compared to their global counterparts due to the escalating conflict involving Iran. Bloomberg posted on X, highlighting the region's heavy dependence on imported energy, which contrasts sharply with the situation in the United States. The ongoing geopolitical tensions have intensified concerns over energy security in Asia, affecting investor sentiment and bond performance. As the situation develops, market participants are closely monitoring the impact on Asian economies and their financial markets.

Vancouver city staff have recommended closing a council motion exploring the city's potential to become a "Bitcoin-friendly city," arguing that a review determined the Vancouver Charter does not permit holding Bitcoin as a municipal reserve asset. In a report submitted to the city council, staff stated that it had been "finalized" that Bitcoin is not a "permitted investment asset" and recommended closing the motion within a framework of realigning resources and priorities. The proposal stemmed from a motion pushed by Mayor Ken Sim over a year ago, which asked staff to study the city's ability to accept cryptocurrency tax payments and the possibility of converting some of its fiscal reserves into Bitcoin. The British Columbia Ministry of Municipal Affairs had previously stated that provincial regulations prohibit municipalities from holding fiscal reserves in cryptocurrency, with legislation aimed at ensuring local government funds are not subjected to excessive risk. Pete Fry, the sole opponent of the motion in council, told local media that he had previously believed the proposal had been shelved. Kevin Lee, chief commercial officer of cryptocurrency exchange Gate, told Decrypt that the legal and financial obstacles were understood from the outset, and closing the process was not surprising. According to Zeus Research analyst Dominick John, municipal treasuries are structured with capital preservation in mind, and similar cities will remain in the research phase until legislation, accounting practices, and trusteeship frameworks are perfected.

The Central Bank of Russia has introduced a legislative proposal aimed at allowing banks to acquire crypto trading licenses. According to NS3.AI, this initiative includes a stipulation that limits banks' exposure to cryptocurrencies to 1% of their own capital. The proposal outlines a streamlined notification process for banks and brokerage firms to begin offering crypto brokerage services, leveraging their current licenses. The deadline for the adoption of this bill is set for July 1.

Hong Kong's economic growth for this year is anticipated to surpass earlier predictions, driven by enhanced financial activity and government expansionary policies. Bloomberg posted on X, highlighting the positive outlook following the government's budget announcement on February 25. The revised forecast reflects optimism in the region's economic prospects, bolstered by strategic fiscal measures aimed at stimulating growth. Analysts suggest that these factors could contribute to a more robust economic performance for Hong Kong in 2023.

Denso shares experienced a decline in Tokyo trading on Friday after reports emerged about the company's takeover approach to Rohm. Bloomberg posted on X that the acquisition bid values the chipmaker at approximately $8.3 billion. The news has sparked interest in the market, reflecting the potential impact of such a significant acquisition in the semiconductor industry. The proposed deal highlights Denso's strategic move to strengthen its position in the chip manufacturing sector.

The U.S. Securities and Exchange Commission will drop its lawsuit against Justin Sun after one of his companies agreed to pay a $10 million fine. The case accused Sun and his firms of illegal token sales and wash trading linked to TRON (TRX).

Indonesia's foreign exchange reserves have decreased to $151.9 billion by the end of February. According to Jin10, this marks a decline in the country's reserves, reflecting changes in the economic landscape. The reduction in reserves could have implications for Indonesia's financial stability and its ability to manage external economic pressures. The central bank may need to consider strategies to bolster reserves and ensure economic resilience in the face of global uncertainties.

Russian Finance Ministry officials have stated they are considering a separate stablecoin bill, rather than including stablecoins in upcoming regulations for cryptocurrency exchanges. Alexey Yakovlev, head of the Finance Ministry's Financial Policy Department, stated that stablecoins have "enormous, even extremely enormous, potential." Russia has viewed stablecoins as a potential tool for circumventing sanctions. Yakovlev said that once the State Duma passes a bill prohibiting citizens from trading crypto assets on platforms without operating licenses, they will begin to push forward with stablecoin regulation. This cryptocurrency bill is expected to be submitted to the State Duma at the spring session and could take effect as early as July. Currently, stablecoins do not have legal status under Russian law, and the Finance Ministry stated it hopes to resolve this issue as soon as possible. Yakovlev stated that the government wants to ensure that stablecoins "serve economic interests, especially domestic interests." Previously, the Central Bank of Russia established a "Foreign Digital Rights" category, with the first approved stablecoin being the ruble-pegged A7A5 stablecoin, which was approved for use in overseas trade last October. According to DefiLlama data, the total value of issued stablecoins has increased by over 51% since the beginning of 2025, reaching $311 billion.

A Coinbase shareholder has filed a derivative lawsuit against several of the exchange’s top executives and board members, accusing them of failing to properly oversee compliance and disclosure practices

The global financial landscape is currently undergoing a systemic shift from human-centric digital commerce to a self-service, agent-based commerce model. This shift represents the most significant reshaping of the transaction lifecycle since the advent of internet-native payment gateways.

According to the proposed final ruling filed in the New York federal court, the SEC will drop the remaining charges against Justin Sun, the Tron Foundation, and the BitTorrent Foundation on the condition that Rainberry, a company associated with the Tron blockchain, pays a $10 million civil penalty.

Anthropic founder Dario believes that programming will disappear first, software engineering later, but ultimately AI will largely take over. Young people should learn about human-centered work, physical world work, and cultivate critical thinking.

Behind Kraken Financial's approval to open a master account with the Federal Reserve lies the collective fear of traditional banks, the Federal Reserve's perilous tightrope walk, the life-or-death battle between the two stablecoin giants, and the frenzy of trillions of Wall Street capital.

As the Iranian geopolitical crisis reshapes global risk appetite, Bitcoin's price movements and fund flow data are telling a story that investors can no longer ignore.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse Morning 8," issue 2987, providing you with the latest and fastest news on the digital currency and blockchain industry.

BTC, Conflict Erupts in Iran, Yet Bitcoin Becomes a "Safe Haven"? Golden Finance: The Middle East is engulfed in renewed conflict.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.