📢 Parr Information Quick Report&Opinion 3.15 1. Government encryption policies 1) Brazil proposes cryptocurrency for BRICS trade Brazil plans to simplify international financial transactions for import and export contracts among BRICS member countries by utilizing blockchain technology. This issue will become one of the top priorities during Brazil's presidency. 2) Argentina confirms regulatory rules for virtual asset service providers The National Securities Commission (CNV) of Argentina has officially approved General Resolution 1058, establishing final regulatory guidelines for virtual asset service providers (VASPs). 3) Russia engages in oil trade with China and India using cryptocurrency Parr's note: Trump's influence+1, the country begins to pay attention to it. 2. Institutional focus category 1) Wall Street bets on strong return of cryptocurrency At the futures industry conference held in Florida this week, traditional financial executives' attitudes towards cryptocurrency underwent a shift and began exploring business partnerships with cryptocurrency companies. The Trump administration's support for digital assets has boosted Wall Street's confidence, Citadel Securities、 Companies such as the Chicago Mercantile Exchange Group and the Intercontinental Exchange plan to increase their presence in the cryptocurrency sector. 2) Goldman Sachs acknowledges the importance of cryptocurrency in shareholder letter Goldman Sachs mentioned cryptocurrencies in its annual shareholder letter, acknowledging their increasingly important role in financial markets and competition. Parr's note: Trump's influence continues to+1, full of confidence in cryptocurrency, which is good for the long term. 3. Financial organizations supported by Trump deny negotiations with Binance The Wall Street Journal reported that the Trump family had discussed purchasing shares in Binance's US subsidiary. Bloomberg also reported that World Liberty Financial has entered into negotiations. Parr's note: Without wind, there can be no waves. It is estimated that Binance America will belong to US capital. 4. US Congressman Plans Legislation to Ensure Bitcoin Reserve Policy US Congressman Byron Donalds plans to submit a legislative draft to formalize the executive order signed by the Trump administration this month, which aims to establish a strategic Bitcoin reserve and a US digital asset reserve. If passed, this bill will ensure that the policy will not be revoked by future executive orders from the president. Pal's note: Passing is a good thing.