Gate News: On March 24, Circle (CRCL) plunged over 16% intraday, marking its largest single-day decline since June 2025, currently trading at $106.1. Previously, the latest draft of the "CLARITY Act" showed a prohibition on earning yield solely for holding stablecoins.

This article summarizes cryptocurrency news for March 24, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, cryptocurrency real-time prices, and price forecasts. Today's major events in the Web3 sector include: 1. BlackRock pushes the $20 trillion tokenization market, Larry Fink optimistic about lowering investment barriers; 2. BitMine Chairman Tom Lee: Ethereum's harsh winter is nearing its end, ETH price faces market test; 3. U.S. plans to ban stablecoin yields, "CLARITY Act" reshapes crypto business model boundaries.

XRP has not yet been classified as a financial instrument in Japan, and current regulations under the Payment Services Act still apply. The Japan Financial Services Agency has proposed reclassifying crypto assets by 2027 to strengthen oversight. The United States views XRP as a digital commodity, reflecting regulatory differences between the two countries. Investors should monitor how such developments impact XRP's potential value.

BitMine Chairman Tom Lee believes Ethereum may be at the tail end of the cryptocurrency winter. The company has recently increased its ETH purchases, demonstrating strong safe-haven characteristics. He is optimistic about the passage of the Clarity Act, which he believes will help improve Ethereum's fundamentals. Ethereum is currently trading at $2,138, though geopolitical tensions remain a source of uncertainty.

The latest draft of the CLARITY Act, being advanced by the U.S. Senate, prohibits stablecoin service platforms from offering yield to holders, which could impact the business models of stablecoins. While the draft allows certain rewards unrelated to account balances, the vague "economic equivalence" provision has sparked market concerns. The act is expected to enter the review stage in April and will have far-reaching implications for the crypto industry.

The latest draft of the U.S. CLARITY Act proposes to restrict platforms from offering yields on stablecoin holdings, prohibiting returns similar to bank deposit interest. The draft permits loyalty and promotional rewards, but these must avoid being viewed as "interest-like." Regulators will jointly define compliant forms, and some industry insiders believe the draft is more stringent.

Bitmine Immersion Technologies Chairman Tom Lee stated that the "mini winter" in the crypto market is ending. The company has been actively purchasing ETH recently, with current holdings exceeding 4.6 million coins, representing 3.86% of total circulation. The company sees positive signals in market stabilization and the advancement of the CLARITY Act, with ETH up 18% since the Iran conflict.

The Russian government has approved the Digital Currency and Digital Rights Bill. The central bank will review and authorize digital assets permitted for circulation, establish strict listing conditions, ban privacy coins, set an annual investment limit of $4,000 for investors, impose substantial fines and prison sentences on non-compliant exchanges and mining enterprises, and the bill must complete review by 2026.

Cryptocurrency industry professionals first saw revised provisions of the Digital Asset Market Clarity Act at a conference on Capitol Hill in Washington, which prohibit profiting from holding stablecoins and restrict practices similar to bank deposits. The breakthrough compromise allows activity-based rewards but not balance-based ones. The bill's progress still needs to address DeFi regulation and other obstacles.

The Digital Asset Market Clarity Act aims to clarify the regulatory framework for digital assets in the United States, distinguish between securities and commodities, reduce compliance confusion, and improve market liquidity. The legislation will promote institutional participation, improve investor sentiment, and advance altcoin project development, but the legislative process may be slow, and specific impacts still require monitoring.