The Bank Policy Research Institute is considering suing the Office of the Comptroller of the Currency for relaxing federal licensing rules, making it easier for crypto companies to obtain nationwide banking trust licenses. The policy has raised concerns about consumer protection and the stability of the financial system, with multiple regulatory agencies and small banks voicing strong opposition.

According to Gate News, as of March 6th, Ethereum spot ETFs saw a net inflow of $23.56 million last week, with BlackRock's ETHA performing notably, with a weekly net inflow of $133 million. Grayscale Ethereum Mini Trust had a weekly net inflow of $84.18 million, while Fidelity's FETH experienced a net outflow of $218 million. Currently, the total net asset value of Ethereum spot ETFs is $11.28 billion.

Gate News Bot Message, March 09 — According to CoinMarketCap data, as of press time, NAORIS (Naoris Protocol) is trading at $0.04, up 28.49% in the past 24 hours. The highest price reached $0.04, while the lowest dropped to $0.02. The current market capitalization is approximately $23 million, an increase of $5.09 million from yesterday. Naoris Protocol is the first Sub-Zero Layer 1 blockchain, combining security layer and sovereign L1. It uses dPoSec™ consensus mechanism, Swarm AI, and quantum-resistant DePIN architecture to provide real-time trust verification for the entire decentralized ecosystem. The project completed testnet launch on January 31, 2025, and finished testnet and officially launched $NAORIS token trading on November 12. Protocol

On March 9th, the crypto market generally declined, with Bitcoin down 1.63% and Ethereum down 1.15%. The SocialFi sector remained relatively resilient, rising 0.53%, while Chiliz increased 6.30%. The Layer2 sector led the decline, dropping 1.85%. Most other sectors also fell, with some projects like Trust Wallet and Siren bucking the trend and rising.

On March 7th, Ethereum spot ETFs experienced a total net outflow of $82,851,900, with all nine ETFs showing no net inflow. Among them, Fidelity FETH saw an outflow of $67,566,900, and Grayscale ETH Trust experienced an outflow of $5,997,900. As of now, the total net asset value of ETFs is $11.283 billion.

Gate News Announcement: On March 8, the decentralized protocol OmniPact announced the completion of a $50 million private funding round, with investors including an anonymous institutional investor and a consortium of family offices. OmniPact is dedicated to building a trust layer for peer-to-peer transactions of physical and digital assets, utilizing smart contracts as on-chain guarantees to address trust issues in peer-to-peer trading. The new funds will be used to develop core contracts, multi-chain infrastructure, and related security audits. The protocol plans to launch its testnet in the first quarter of 2026.

SlowMist Technologies founder Yu Xian posted on the X platform expressing distrust in the stability of OpenClaw, believing that its "excessive freedom" could lead to security issues, emphasizing that the safety of software engineering is the core goal, and expressing greater trust in Claude Code.

Gate News Report, March 7, market sources indicate that the United Arab Emirates is currently under attack by Iran, and the Al Dhafra Air Base in Abu Dhabi may be affected. UAE officials stated that Iran's attack has created a significant trust gap, which will persist for decades to come. They also emphasized that the UAE hopes Iran will immediately cease its aggression against non-belligerent countries, specifically the Gulf states.

On March 6th, Ethereum spot ETFs experienced a total net outflow of $82.8519 million, with all nine ETFs showing no net inflow. Fidelity FETH outflowed $67.5669 million, with a historical outflow reaching $218 million. Grayscale ETH Mini Trust outflowed $5.9979 million, with a total net asset value of $11.283 billion.

BitGo announces that its subsidiary, BitGo Bank & Trust, will provide stablecoin infrastructure services for SoFiUSD to support its distribution. SoFiUSD is the first USD stablecoin issued by SoFi Bank on a public blockchain, and BitGo will provide technical and operational support through its platform.