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According to Decrypt, U.S. Senator Elizabeth Warren (a senior Democrat on the Senate Banking Committee) wrote to SEC Chairman Paul Atkins, stating that he may have "deliberately misled" Congress regarding the decline in the number of new enforcement actions by the SEC during a hearing, and pointed out that if there are significant false statements made to Congress, it could involve criminal liability.The report cites enforcement data disclosed by the SEC for 2025, stating that the SEC added a total of 456 new enforcement actions last year, of which about 200 were from the previous administration, and approximately 256 were added during the current administration, significantly lower than the average of about 765 per year over the past decade. Warren believes that the sharp decline in enforcement actions, staff reductions, and sudden leadership changes may weaken the SEC's ability to protect investors and maintain market order, and questions whether there is political favoritism and selective enforcement. The SEC declined to comment on this.

The decentralized physical infrastructure network SHARE has completed its seed round financing, led by Greenfield Capital, with participation from Kosmos Ventures, Generative Ventures, Zee Prime Capital, and other strategic funds and angel investors. The specific amount of financing has not been disclosed.

Circle Chief Strategy Officer Dante Disparte published a response regarding the over $270 million theft incident involving Drift Protocol. Disparte stated that Circle only freezes USDC when legally mandated to do so, and this is not a unilateral decision, nor is it a backdoor or algorithmic monitoring. This reflects the rule of law in internet-native financial activities.He pointed out that the core issue facing open systems is that the legal framework's response speed lags behind technological development. Protocols, wallets, exchanges, and stablecoin issuers should regard security and accountability as a shared obligation, and DeFi protocols can develop on-chain technical protection measures by referencing the circuit breaker mechanisms of traditional markets.He also called for the legislative processes of the U.S. GENIUS Act and CLARITY Act to incorporate due process, property rights, and financial privacy protection standards into law before the next major security incident occurs.

The Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice submitted documents to a federal court on Tuesday, requesting to block Arizona from applying its gambling laws to the prediction market operator Kalshi.Federal regulators argue that contracts linked to sports events, elections, and other real-world events fall under a financial derivative known as "swaps," which should be subject to federal regulation under the Commodity Exchange Act, rather than governed by state gambling laws. Arizona had previously filed criminal charges against Kalshi under state gambling laws, with a hearing scheduled for April 13.The federal appeals court in New Jersey had previously ruled in favor of Kalshi, determining that its sports contracts are presumed legal under federal law in the absence of CFTC intervention, but courts in other jurisdictions have allowed state-level enforcement actions to proceed. If the court ultimately accepts the CFTC's position, prediction markets could operate nationwide under a unified federal framework.

The U.S. Securities and Exchange Commission announced the appointment of David Woodcock as the new head of the enforcement division, succeeding the previous director who has stepped down.Woodcock previously served as the director of the SEC's Fort Worth office (2011--2015), overseeing enforcement attorneys, examiners, and accounting teams, and participated in investigations across nearly all major enforcement areas. Recently, he was a partner at the law firm Gibson Dunn. Notably, Woodcock does not have a clear background in the cryptocurrency industry, and this appointment comes at a time when the SEC is facing controversy over its enforcement direction in the crypto space. Previously, disagreements over case handling and enforcement standards led to a short tenure for the former director and drew congressional attention. SEC Chairman Paul Atkins stated that this appointment will help strengthen the crackdown on "misconduct that causes the greatest harm to investors."

The U.S. Securities and Exchange Commission (SEC) is making significant adjustments to its enforcement strategy in the cryptocurrency sector for the fiscal year 2025. The SEC has successively withdrawn seven cryptocurrency-related enforcement actions initiated by the previous commission, involving institutions such as Coinbase, Binance, Kraken, Cumberland DRW, Consensys, Dragonchain, and Balina, on the grounds that these cases lack sufficient federal securities law basis.At the same time, the SEC has established a Cyber and Emerging Technologies Division, focusing on combating violations of securities trading related to blockchain technology, artificial intelligence, and cybersecurity. In terms of specific enforcement actions, the SEC has filed lawsuits against the following cases: New York cryptocurrency company Unicoin and its four executives for allegedly making false statements to mislead investors; PGI Global founder Ramil Palafox for allegedly orchestrating a cryptocurrency and forex fraud scheme amounting to $198 million and misappropriating over $57 million; and the founder of AI company Nate, Inc. for allegedly raising over $42 million illegally through false advertising of artificial intelligence capabilities.

According to CoinDesk, President Trump has removed Attorney General Pam Bondi from her position and appointed his former personal lawyer, current Deputy Attorney General Todd Blanche, as acting Attorney General. Blanche previously represented Trump in handling criminal cases in New York, and after taking office as Deputy Attorney General, he ordered the dissolution of the Justice Department's national cryptocurrency enforcement team and signed a memorandum instructing prosecutors not to pursue regulatory violation cases in the cryptocurrency industry.According to disclosed documents, Blanche held various cryptocurrencies valued between approximately $159,000 and $485,000 when he signed the enforcement memorandum, including Bitcoin, Solana, Cardano, Ethereum, Polygon, Polkadot, Quant, and Coinbase stock, violating ethical rules and his prior commitment to divest assets before handling cryptocurrency-related matters.

According to Bloomberg, David Miller, the enforcement director of the Commodity Futures Trading Commission (CFTC), stated at a seminar at New York University on Tuesday that the agency will use its existing enforcement authority to combat insider trading in prediction markets.David Miller pointed out that there is a misunderstanding in mainstream media and social media that laws related to insider trading do not apply to prediction markets, and he clearly stated that this view is incorrect.

According to Reuters, foreign exchange market-making and cross-border remittance startup OpenFX has completed a $94 million financing round, led by institutions such as Accel, Lightspeed Faction, M13, Northzone, and Pantera, with a post-money valuation of approximately $500 million.OpenFX provides faster and lower-cost settlement services for large cross-border funds by using stablecoins as a bridge connecting the banking system with blockchain infrastructure. The company claims that over 98% of transactions on its platform can be settled within 60 minutes, and its annual payment processing scale has increased from approximately $4 billion to about $45 billion. OpenFX plans to use this round of funding to expand into Southeast Asia and Latin America markets.

According to CoinDesk, blockchain analytics company TRM Labs has launched an AI agent tool for law enforcement agencies, embedded in its TRM Forensics service, which can convert natural language instructions into complex investigative operations, helping investigators track illegal cryptocurrency transactions.Users do not need to have a high technical threshold to query fund flow information, speeding up the pursuit of criminals.

According to BBX data, yesterday global listed companies made breakthrough progress in the fields of "financial diversification" and "compliance custody," with the core data as follows:$10 million cryptocurrency purchase plan: Acurx Pharmaceuticals (NASDAQ: $ACXP) board officially approved the allocation of $10 million for the purchase of Bitcoin yesterday. As a biopharmaceutical company, ACXP clearly stated that this move aims to leverage the anti-inflation properties of BTC to hedge against the depreciation risk of long-term R&D funding.10% cash asset allocation: Enfusion (NYSE: $ENFN) announced an update to its financial guidelines, planning to allocate 10% of redundant cash on its balance sheet in batches to BTC and ETH. This financial software giant plans to use crypto assets to enhance the overall risk-adjusted return of its treasury.$5 million increase: Nature's Miracle (NASDAQ: $NMHI) confirmed the launch of its first $5 million Bitcoin strategic treasury plan yesterday, marking the formal acceptance of crypto assets as reserve currency by companies in the agricultural technology sector.40% custody growth: Bakkt (NYSE: $BKKT) Q4 forecast data shows that its enterprise-level crypto asset custody scale has increased by 40% year-on-year. This reflects a significant increase in the reliance of non-native crypto companies on compliant third-party custody institutions when entering the market to purchase cryptocurrencies.

According to CriptoNoticias, the National Anti-Drug Secretariat of Paraguay (Senad) held a seminar titled "Dismantling Criminal and Terrorist Financial Networks" at the Sheraton Hotel in Asunción in collaboration with the American Bar Association's Rule of Law Initiative and the Higher Institute of the Prosecutor's Office. The aim was to enhance the technical capabilities of law enforcement personnel in identifying and combating criminal organizations that use Bitcoin (BTC) and other cryptocurrencies for money concealment.The seminar focused on analyzing the trend of transnational criminal networks in the tri-border area moving towards digitalization and involved the "Trapiche Operation" case related to financing networks associated with Hezbollah. General Mirko Sokol, the Commander of the Bolivian Police, revealed at the meeting that after the arrest of Uruguayan drug lord Sebastián Marset, no large amounts of cash were found at his residence, and related transactions were primarily conducted through cryptocurrencies.The Paraguayan Tax Authority (DNIT) issued Resolution No. 47/26 on March 11, requiring cryptocurrency trading platforms to report detailed information on each transaction, including wallet addresses, the networks used, and transaction hash values.

According to the official blog, Binance, in collaboration with INTERPOL, AFRIPOL, and law enforcement agencies from 16 African countries, launched the "Red Card 2.0" operation to combat high-yield investment scams, mobile payment fraud, and fraudulent loan applications.During the approximately 8-week operation, police arrested a total of 651 suspects, seized 1,442 malicious IPs/domains/servers and related equipment, and recovered over 4.3 million dollars in funds. The investigation revealed total associated losses exceeding 45 million dollars, confirming 1,247 victims.

According to the official blog, Binance, in collaboration with INTERPOL, AFRIPOL, and law enforcement agencies from 16 African countries, launched "Operation Red Card 2" to combat high-yield investment scams, mobile payment fraud, and fraudulent loan applications.During the approximately 8-week operation, police arrested a total of 651 suspects, seized 1,442 malicious IPs/domains/servers and related equipment, and recovered over 4.3 million dollars in funds. The investigation revealed total associated losses exceeding 45 million dollars, confirming 1,247 victims.

According to The Block, Commodity Futures Trading Commission (CFTC) Chairman Michael Selig announced the appointment of David Miller as the head of the agency's enforcement division.Miller previously served as a federal prosecutor and has extensive experience in digital asset cases in the private sector. This appointment comes as the CFTC is preparing to play a more significant role in regulating the cryptocurrency industry. Miller stated, "I am honored to join the CFTC during this exciting time of transformation." Selig emphasized that Miller will focus on "combating fraud, abuse, and manipulation, rather than policy-making."

The CFTC Chairman has appointed former federal prosecutor and private practice attorney David Miller to lead the agency's enforcement division.David Miller previously served as a litigation partner at Greenberg Traurig and Morgan Lewis, focusing on commodities, securities, digital assets, and national security, and he has also served as an Assistant U.S. Attorney in the Southern District of New York. Michael Selig stated that David Miller will be dedicated to combating fraud, abuse, and manipulation, rather than formulating policy. Currently, Washington lawmakers are pushing to grant the CFTC broader jurisdiction over the cryptocurrency industry.

According to Reuters, the U.S. Commodity Futures Trading Commission (CFTC) announced on Monday that former prosecutor David Miller will become the agency's chief enforcement officer. This move comes as the CFTC is preparing to strengthen its oversight of cryptocurrency and prediction markets.As the new enforcement chief of the CFTC, Miller will be responsible for leading the agency's regulatory enforcement efforts in the digital asset space.

Aave DAO is currently voting on a significant proposal that would allocate up to $42 million to Aave Labs, including $25 million for ongoing product development and a $17.5 million milestone bonus. As of Friday evening, the support votes are leading with a narrow margin of 52%, and the voting will conclude on Saturday.The controversy centers around Aave Labs' original plan to compress the development space for v3 and force users to migrate to the yet-to-be-launched v4 version. This move has sparked strong backlash, with the main contractor Bored Ghosts Developing announcing they would not renew their contract and criticizing the proposal as nearly absurd. This week, Aave Labs made concessions, promising not to enforce migration, and v3 will continue to operate.Critics, represented by Marc Zeller, argue that the requested funds are too high, accounting for 31% of the DAO's reserves, and demand that the proposal be split into multiple independent votes, but Aave Labs insists on pushing for an overall vote. Currently, Aave v3 has deposits exceeding $26.3 billion, accounting for over 97% of the total deposits in the protocol.

According to a report by Hong Kong media Orange News, the President of the Hong Kong Securities and Futures Professionals Association, Chen Zhi-hua, disclosed that the Hong Kong virtual asset industry is facing a sudden "compliance storm." Practitioners in related businesses have reported encountering bewildering regulatory requirements during the application process for virtual asset-related business qualifications. The existing written policy requires an additional 5 hours of Continuing Professional Training (CPT).However, the latest requirements were not issued through formal written documents or public guidelines, but were communicated "quietly" to license upgrade applicants in the form of verbal notifications or individual emails, stating that all responsible officers (RO) for relevant license upgrades, including those who have already obtained upgrade qualifications, must pass a virtual asset regulation exam conducted by a designated single institution. This nearly "invisible" directive undermines the transparency and fairness that regulatory agencies should uphold.Chen Zhi-hua suggested maintaining the original requirement of an additional 5 hours of Continuing Professional Training (CPT) and urged regulatory agencies to immediately suspend the enforcement of exam requirements through invisible policies.