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According to Jinshi reports, Federal Reserve Governor Waller stated that the low hiring and low layoffs in the job market are partly related to how companies are responding to tariffs.

According to CoinDesk, the U.S. Treasury is set to release proposed rules requiring stablecoin issuers to establish standards to combat money laundering and sanctions violations.According to a summary of the proposal obtained by CoinDesk, the Treasury's Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) will jointly formulate rules that clarify how issuers can comply with the GENIUS Act passed last year, including establishing controls to block, freeze, and reject suspicious transactions. FinCEN will require issuers' anti-money laundering programs to be able to pause flagged transactions and focus more resources on high-risk customers and activities.When U.S. authorities pursue specific targets, regulated issuers must screen their records for activities related to flagged individuals or entities. OFAC requires issuers to operate risk-based sanctions compliance safeguards in both primary and secondary markets, identifying and rejecting transactions that may violate U.S. sanctions regulations. The proposal emphasizes respect for the industry, believing that financial institutions are best aware of their own money laundering and terrorist financing risks, and companies that maintain appropriate anti-money laundering measures typically do not face enforcement actions.U.S. Treasury Secretary Scott Bessent stated that these measures will protect the U.S. financial system from national security threats while not hindering the development of U.S. businesses in the stablecoin ecosystem. The proposal will enter a public comment period and may be revised before finalization.

According to CoinDesk, Binance founder CZ stated in his autobiography "Freedom of Money" that during a phone call before Binance attempted to acquire FTX in November 2022, Sam Bankman-Fried casually asked him for tens of billions of dollars, "like ordering a bologna sandwich," and he had no intention of actually pushing the deal forward from the start.CZ wrote: "I had no interest in owning FTX, and I wasn't particularly interested in helping SBF either. But we might have to step in to protect users and the entire industry." He mentioned that he signed the non-binding letter of intent (LOI) just for formality: "I had already made it clear at the time that we would not make any commitments. Our team was just assessing the data before deciding."Regarding the collapse of FTX, CZ believes the key turning point was when former Alameda CEO Caroline Ellison publicly proposed to buy back the FTT held by Binance at a price of $22 (attempting to stabilize the market), which she made a "fatal mistake." "She effectively exposed the price floor," CZ wrote. Subsequently, professional traders quickly shorted FTT below that price. In just 72 hours, about $6 billion flowed out of FTX.CZ also revealed a Signal group called "Exchange Collaboration," created by former FTX institutional sales head Zane Tackett during the Terra (LUNA) collapse that year, with members including CZ, SBF, Brian Armstrong (Coinbase CEO), Jesse Powell (founder of Kraken), and other exchange executives. The group later attracted the attention of investigations by the U.S. Department of Justice and the Securities and Exchange Commission. "They were very eager to find evidence of collusion or market manipulation between exchanges, but in fact, such situations did not exist," CZ stated.

The Financial Services Commission (FSC) of South Korea requires local crypto CEXs to establish a system that checks the internal ledger against actual crypto asset holdings every 5 minutes by the end of May, and to disclose asset matching balances daily, with monthly external audits by accounting firms.This move is seen as a tightening of regulations following the incident in February this year where Bithumb mistakenly issued 620,000 BTC to users.

According to Herald Economy, Korea Investment & Securities is considering acquiring shares in the digital asset exchange Coinone to respond to competitor Future Asset Group's acquisition of Korbit. Korea Investment & Securities is currently communicating with financial authorities and political circles, and has not yet reached an agreement on specific terms with Coinone representatives.Coinone is the third-largest cryptocurrency exchange in South Korea, with a market share in the double digits, but has reported losses for three consecutive years. Financial authorities are advancing restrictions on major shareholders of exchanges, and some of the 53.44% shares held by Coinone representatives are expected to be sold. Korea Investment & Securities has previously been less active in the digital asset space, and this acquisition would make it a "game changer." Coinone stated that it has not yet determined the specific cooperation model or partner.

According to BBX data, yesterday global listed companies released strong fundamental signals in "traditional finance entry" and "small and mid-cap dollar-cost averaging":$20 million insurance capital entry: Corebridge Financial (NYSE: $CRBG) disclosed yesterday that the board has approved a $20 million Bitcoin allocation plan. As one of the largest retirement and life insurance providers in the U.S., this move marks the beginning of risk-averse "insurance capital" incorporating BTC into long-term reserves.100% monthly retention: Iris Energy (NASDAQ: $IREN) released its unaudited production report for March yesterday, confirming that its monthly output of 450 BTC has been fully transferred to cold wallets, officially joining the "zero-sale mining company" club.5% cash flow conversion: Beyond Inc. (NYSE: $BYON) (formerly Overstock) updated its corporate treasury guidelines yesterday, announcing that it will convert 5% of its free cash flow at the end of each quarter into Bitcoin, reviving its hard asset strategy as an early crypto payment evangelist in North America.Bond issuance to acquire 50 BTC: Cathedra Bitcoin (TSX-V: $CBIT) announced yesterday the completion of a $4 million priority secured bond issuance, with the raised funds fully used during the trading day to purchase 50 BTC at market price.Century-old institution launches custody: State Street (NYSE: $STT) officially opened its enterprise-level digital asset custody vault to Nasdaq and NYSE listed companies yesterday. The implementation of this compliant infrastructure directly removes the audit barriers for hundreds of conservative companies to purchase cryptocurrency.

Australia has officially passed the "2025 Company Amendment (Digital Assets Framework) Bill," becoming the country's first comprehensive digital asset regulatory legislation. The bill requires cryptocurrency exchanges and custodial platforms to apply for a financial services license from the Australian Securities and Investments Commission (ASIC) and to complete compliance within six months.The new law establishes two types of regulated entities: "digital asset platforms" and "tokenized custodial platforms," which are subject to the same core rules for client asset protection, information disclosure, and dispute resolution as brokers and fund managers. The aim is to prevent risks such as the mixing and misappropriation of client assets. Research institutions estimate that Australia could generate up to AUD 24 billion annually from the tokenized market, payments, and digital assets, accounting for about 1% of GDP; without a regulatory framework, this figure could drop to only about AUD 1 billion by 2030.

According to Jinshi Data, job vacancies in the U.S. decreased in February, and hiring has significantly slowed, indicating that labor demand has cooled ahead of the additional uncertainties brought about by the war in Iran.Data released by the U.S. Bureau of Labor Statistics on Tuesday showed that job vacancies fell from a revised 7.24 million in January to 6.88 million. After a brief rebound in job vacancies at the beginning of the year, the simultaneous slowdown in hiring and vacancies suggests that companies are becoming cautious in hiring after experiencing nearly zero growth for a year.Looking ahead, the surge in oil prices triggered by the war may increase operational costs for businesses and pose a barrier to further hiring. The decline in job vacancies is primarily driven by a retreat in accommodation and food services, healthcare and social assistance, and manufacturing. The hiring rate has dropped to its lowest level since April 2020, while the layoff rate has slightly increased.Despite large companies, including Meta and Oracle, pushing for large-scale layoffs to reallocate resources to AI investments, the overall level of layoffs in the economy remains relatively mild.

Yuxian, the founder of Slow Fog, posted on the X platform stating that Coinbase has taken down the page requiring users to enter their plaintext mnemonic phrases. He pointed out that the security model of online web pages for wallets is very low, much lower than that of extensions or apps; the practice of collecting plaintext mnemonic phrases on online web pages can easily be imitated by phishing websites and has long been a common phishing technique.

Investment bank Mizuho stated that after acquiring the stablecoin infrastructure company BVNK, Mastercard is expected to become a "network connector" linking crypto assets with fiat currency systems, further expanding its payment ecosystem.Analysis indicates that stablecoins will not undermine Mastercard's core card payment business; instead, they will serve as an "accelerator" for its network, particularly in areas such as B2B cross-border payments, remittances, and the creator and gig economy, facilitating faster, lower-cost, 24/7 capital flow. Mizuho maintains an "outperform" rating on Mastercard and sets a target price of $666.Analysts believe that in the aforementioned emerging scenarios, the penetration rate of traditional bank cards remains relatively low, and stablecoins are expected to fill this gap, while card payments will continue to serve as the core entry point for consumers. It is reported that Mastercard has agreed to acquire BVNK for up to $1.8 billion. This transaction is seen as an important step in continuing its role as a "network connector," expanding its business into the conversion and settlement between stablecoins and fiat currencies.Against the backdrop of a gradually loosening regulatory environment and traditional payment giants like Visa and Stripe accelerating their layout in stablecoins, stablecoins are becoming an important growth direction for the global payment system.

According to Bitcoin News, Strategy announced the launch of an exclusive Bitcoin security program that will bring together exchanges, custodians, asset management companies, service providers, and core developers to jointly address emerging threats, security vulnerabilities, and establish industry best practices.The company is hiring a Bitcoin Security Director to lead this initiative. This position will serve as the internal authority on protocols, cryptography, and asset custody, while also acting as a key external contact for the industry. The role will comprehensively build Strategy's Bitcoin security system, covering threat modeling, key management, multi-signature custody solution design, and wallet architecture, with a focus on institutional-level risk resilience and asset recoverability.

According to Cointelegraph, the Criminal Assets Bureau of the Irish National Police has announced that it has successfully cracked one of the 12 Bitcoin wallets associated with a convicted drug dealer, retrieving 500 Bitcoins worth over 35 million dollars.The wallet owner is Clifton Collins, who was sentenced to five years in prison in 2017 for cultivating and selling cannabis. Collins purchased 6,000 Bitcoins with drug trade proceeds between 2011 and 2012, storing them across 12 wallets, with the keys printed on an A4 sheet of paper and hidden in a fishing rod case, which were later lost when his landlord cleared the house.Earlier today, it was reported that the Irish drug dealer deposited 500 BTC into Coinbase after nearly 10 years, worth 35.44 million dollars.

Collins purchased approximately 6,000 BTC with proceeds from marijuana sales between 2011 and 2012, and stored them across 12 wallets. His private keys were saved in paper form, hidden in a fishing rod case in a rental property in Galway, Ireland. After Collins was arrested in 2017, the house was cleared out, and his personal belongings were sent to a landfill.Subsequently, both the authorities and Collins believed that the private keys had been permanently lost, and the court ruled that the related assets were to be confiscated as criminal proceeds. The on-chain transfer of 500 BTC indicates that this batch of assets may not have been completely lost.

According to official news, the Swedish listed company H100 Group has signed a letter of intent to acquire the Norwegian companies Moonshot AS and Never Say Die AS through an all-stock transaction. The transaction adopts a "Bitcoin for Bitcoin" structure, does not involve cash consideration, and does not dilute the existing shareholders' Bitcoin holdings.After the transaction is completed, H100's Bitcoin holdings will increase from the current 1,051 coins to approximately 3,501 coins.

According to CNN, a jury in California largely supported the claims of Twitter (now rebranded as X) shareholders on Friday, who accused billionaire Musk of making false statements before acquiring the social media company for $44 billion in 2022 and intentionally driving down the company's stock price. However, the jury did not find that Musk was involved in an overall scheme to defraud investors.This ruling concludes a civil class action lawsuit. The lawsuit was filed by a group of Twitter shareholders in October 2022—just weeks before Musk officially took over the company. During the weeks-long trial, Musk was forced to testify in his defense. Musk initially agreed to acquire Twitter in April 2022 but attempted to back out of the deal in the following months, ultimately completing the acquisition.According to estimates from the plaintiffs' attorneys, the jury's awarded damages are expected to be around $2.5 billion, with the exact amount depending on the final number of people who apply to join the class action. Musk's lawyers stated that Musk plans to appeal the ruling. His law firm, Quinn Emanuel Urquhart & Sullivan, noted that Musk has successfully appealed in other unrelated cases in Texas and Delaware recently.

According to official news, Binance Wallet will open a new round of Alpha airdrop claims today at 16:00 Beijing time. Users holding at least 240 Binance Alpha points can claim tokens on a first-come, first-served basis until the airdrop pool is fully distributed or the airdrop event ends.

According to Jinshi, Federal Reserve Chairman Powell stated that generative artificial intelligence tools will have a positive impact on productivity in the coming years, but their impact on inflation needs to be assessed with caution. He pointed out that the current boom in AI data center construction in the United States is driving up the prices of many goods and services, which may contribute to higher inflation levels to some extent. Powell emphasized that there will not be a situation in the short term that requires an immediate interest rate cut.

The U.S. Commodity Futures Trading Commission (CFTC) Market Participants Division issued a "no-action" letter to the self-custody cryptocurrency wallet software developer Phantom Technologies Inc.The letter addresses the software features that Phantom intends to offer and promote, allowing its users to trade through registered futures commission merchants (FCMs), introducing brokers (IBs), and designated contract markets (DCMs). The CFTC stated that, under certain conditions, the Market Participants Division would not recommend enforcement action against Phantom or its related personnel solely for the aforementioned activities without being registered as an introducing broker or its affiliates.

According to CriptoNoticias, the Paraguayan National Tax Authority has issued Resolution No. 47/26, strengthening tax regulation on Bitcoin and cryptocurrencies.The new regulations require platforms and administrators to report detailed information on each user transaction, including wallet addresses, the network used, and transaction hashes, among other sensitive data. The regulatory scope covers donations, inheritances, and NFTs exceeding $5,000 annually. This measure aims to incorporate digital assets into the national tax system while adhering to the anti-money laundering recommendations of the Financial Action Task Force.