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Golden Ten Data reported on March 12 that Vietnam plans to increase its national rice reserves and encourage traders to ramp up purchases in order to stabilize the market, which is under pressure due to weak global demand and a surge in domestic supply. The Vietnamese government stated earlier this month that global buyers’ demand continues to weaken, with no signs of recovery in the short term, and both procurement and inventory are becoming more cautious. Official data shows that Vietnam exported 629,000 tons of rice in February, down 9.7% year-on-year. It is currently the peak of the winter-spring harvest season in the Mekong Delta, the largest rice crop of the year. The Vietnamese government has asked the Ministry of Finance to develop a reserve purchase plan and the central bank to guide commercial banks to provide preferential loans to rice traders to increase purchases from farmers. Meanwhile, the Ministry of Trade is actively expanding the market for high-quality rice exports, including to the United States, the European Union, Japan, and China.

Foresight News reported that MetaDAO tweeted that the RNGR liquidation snapshot will take place at 7:00 AM (UTC+8) on March 13, East 8 Zone. If users have deposited RNGR tokens in CEX or DeFi applications, it is recommended to withdraw them to their wallets to be included in the snapshot. The liquidation portal will go live on the MetaDAO website at 2:00 AM (UTC+8) on March 17, East 8 Zone. The final token net value / token quantity and portal URL will be announced before the launch date.According to previous Foresight News reports, the MetaDAO community voted to pass the "Liquidate Ranger Finance" proposal. The proposal includes removing all RNGR/USDC liquidity from Futarchy AMM; transferring all USDC reserves to the MetaDAO team, which will distribute them proportionally to all unlocked token holders based on snapshot data; and returning all intellectual property belonging to Futarchy governance SPC to Glint House PTE. LTD.

PANews, March 12 — According to BitcoinNews, a certain crypto trading platform has been accused of possibly lobbying US lawmakers behind the scenes to oppose the establishment of a small transaction tax exemption for bitcoin, and instead recommending that the exemption be limited only to stablecoins. Previously, bitcoin policy advocate Marty Bent revealed on social media that the exchange had told lawmakers "no one uses bitcoin as currency," and argued that a small tax exemption policy for bitcoin would be a "subsidy doomed to fail." The crypto community believes that if these allegations are true, it would be "very concerning," and this aligns with recent worries about crypto legislation (such as the GENIUS Act), namely that some policies may be influenced by special interest groups and regulatory capture rather than genuinely promoting innovation. Over the past three months, there has been a noticeable shift in policy discussions on Capitol Hill, with some proposals tending to provide small transaction tax exemptions only for stablecoins, excluding bitcoin. According to the bitcoin advocacy organization Bitcoin Policy Institute, they are still in ongoing communication with lawmakers, and limiting small tax exemptions to stablecoins would be a strategic mistake for US policy. The organization has long advocated for exempting small bitcoin transactions from capital gains tax.