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This adjustment has doubled the amount of funds allocated for the company's share buyback, reflecting management's recognition of the current stock price level and confidence in future development. Such a move is generally regarded as an important way for listed companies to signal to the market that their value is underestimated, and it also helps optimize the capital structure and enhance shareholder returns.

Florida has become the first state in the United States to pass a stablecoin framework, and the bill has now been submitted to Governor Ron DeSantis for signature. (CoinDesk)

The protocol submitted relevant documents to the U.S. Securities and Exchange Commission (SEC) on March 5. This settlement marks significant progress in the distribution rate dispute, but since it was not unanimously agreed upon, the subsequent implementation details and responses from all parties remain worth watching.