South Korea's Supreme Court upholds a 25-year prison sentence for a cryptocurrency company executive who stabbed and abandoned his girlfriend following an argument. The case has drawn attention to psychological stress in the crypto industry and standards of conduct for executives. The incident highlights the growing severity of criminal conduct involving cryptocurrency executives.

Wyoming Senator Cynthia Lummis is advocating for a proposal to exempt small cryptocurrency transactions from taxation while discussing the Digital Asset Market Structure Act. She proposed establishing a $300 tax-free allowance, allowing users to trade cryptocurrencies without paying capital gains tax, aiming to address the issue of when taxes should be applied during transactions. The proposal has not yet gained support from her Democratic colleagues.

Gate News Announcement, March 9th, U.S. Secretary of the Treasury Janet Yellen posted on X platform that she met with Salvadoran President Nayib Bukele at the "Shield of the Americas" Summit held in Doral, Florida. Yellen expressed her pleasure in hearing about Bukele's efforts to promote pro-market reforms and to establish El Salvador as a digital asset hub. She emphasized that both sides will continue to collaborate to strengthen strategic cooperation in the Americas.

A certain CEX announced that Co-CEO Helen Liu will step down on April 30, 2026, to pursue personal entrepreneurship. Since joining in 2020, she has been deeply involved in the company's global expansion, helping it grow into a digital asset trading platform covering 181 countries and regions.

SBF posted on the X platform stating that the CLARITY Act will become an important milestone for the cryptocurrency industry. U.S. Senator Cynthia Lummis responded that SBF is only seeking a pardon, emphasizing that the bill will result in harsher penalties for him, and pointed out that her legislative proposal is unrelated to SBF.