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According to Caixin, the one-month public consultation for the "Financial Law of the People's Republic of China (Draft)" ended today (April 19). This is the first overarching law in China and the world with "finance" in its name. The expansion of "quasi-judicial powers" for financial regulation is a topic of great concern in the market.According to Article 55 and related provisions, financial regulatory authorities have the right to access and copy property rights information, communication records, and transaction records of relevant entities and individuals when investigating financial violations. They can directly freeze or seal assets if there is evidence suggesting the transfer or concealment of illegal funds and securities. They can even decide that individuals suspected of violations cannot leave the country during the investigation.In addition, Zeng Gang, chief expert and director of the Shanghai Financial and Development Laboratory, believes that the "Financial Law" should also strengthen its focus and coverage on emerging financial formats. Topics such as AI-driven financial decision-making, the legal status of digital currencies, and the regulatory boundaries of crypto assets have sparked widespread controversy globally, but the draft addresses them very little. How to maintain a dynamic balance between lawful regulation and inclusive innovation is a problem left to be solved by legislation.

Binance co-founder He Yi responded to questions about personal plans and the company's management structure at the BNB Chain event in Hong Kong.Regarding whether he would write a book, He Yi said, "Never say never," but at this stage, he has no desire to express that and is not considering writing a book for now. When discussing how to face challenges, He Yi summarized two points: first, the mutual trust between Binance and its users; second, having great employees is crucial.Regarding changes in the management structure, He Yi pointed out that CZ is the founder and the foundation, but he has currently stepped back from management. The current management structure is led by him and Richard Teng, and they will continue to seek suitable partners globally in the future. On this basis, Binance will focus on applying for more global licenses, with Richard responsible for establishing standards, while He Yi focuses on user growth and service.

According to DL News, a South Korean forgery gang is selling fake official documents to users via Telegram, prioritizing payments in cryptocurrency or digital gift cards. Among them, a counterfeit Yonsei University diploma is priced at about $200, a certificate of enrollment is quoted at about $100, and a fake diploma from overseas universities is priced at about $341.The report points out that the gang also offers forged materials such as driver's licenses, proof of relationship, certificates of no criminal record, and bank loan documents. South Korean police stated that the number of arrests for forgery cases nearly doubled from 2021 to 2023.

Kyrgyzstan President Japarov held productive talks with TRON founder Justin Sun in the capital Bishkek. Both sides reached a broad consensus on the application of TRON infrastructure in Kyrgyzstan, the ecological expansion of the national stablecoin KGST, and deep cooperation in the fields of AI and blockchain.President Japarov stated that Kyrgyzstan's goal is to become a regional center for virtual assets and Web3 technology in Central Asia. Justin Sun expressed that he would provide comprehensive strategic support, covering several specific proposals including the joint development of sovereign large language models, the construction of cryptocurrency exchanges, digital banking services, and the establishment of hydropower-driven data centers.

At the "Crypto 2026: From Cryptocurrency to Smart Economy" themed forum held in Hong Kong, guests including Sign partner Sarah, HashKey Chain Senior Business Development YuYi, Monad Greater China Ecosystem Head Harvey Chen, OmenX Chief Marketing Officer Gisele, and SVP Chain Market Head Celest engaged in a roundtable discussion on "The Revaluation of Crypto and the New Cycle."Regarding why they remain firmly invested in Crypto amid the AI boom, Sarah pointed out that the hotter AI gets, the more use cases there are for Crypto assets, and future transactions between AI Agents will rely on digital assets. YuYi believes that the bear market is precisely when the wheat is separated from the chaff, with compliant RWA (such as Hong Kong's first physical silver token) being implemented, speculative assets being eliminated, and the era of on-chain infrastructure arriving. Harvey Chen stated that high-performance public chains are the foundation for supporting large-scale applications, and Monad is committed to this. Gisele noted that Crypto addresses fairness and value transfer, complementing AI's focus on efficiency. Celest emphasized that AI lacks a native value system and increasingly requires Crypto to provide value authentication and decentralized trust.On the changing understanding of Crypto's value, the guests unanimously agreed that the industry is shifting from "issuing tokens for the sake of issuing tokens" to pursuing sustainable business models, with greater focus on capital efficiency, low costs, and 24-hour settlement as practical values. The value of public chains should be assessed based on real business scenarios and user transaction volumes, rather than narratives and financing.Regarding future growth engines and entrepreneurial advice, the guests generally expressed optimism about compliant RWA, AI payments, and sovereign blockchain directions, advising entrepreneurs to focus on real application scenarios, avoid empty concepts, and maintain a long-term construction mindset.

According to Cointelegraph, Iran has designated Bitcoin for paying the oil transit fees in the Strait of Hormuz, but insiders say that most of the funds are still settled through stablecoins.Hamid Hosseini, spokesperson for the Iranian Oil, Gas and Petrochemical Products Exporters Union, stated that each tanker must report its cargo information to Iranian authorities via email, after which Iran will inform the amount of the fee to be paid, which must be paid in cryptocurrency. "Once the email arrives and Iran completes the assessment, the vessel will be given a few seconds to pay in Bitcoin, ensuring that it cannot be tracked or confiscated due to sanctions."

According to CoinDesk, Ethereum co-founder Joseph Lubin stated that artificial intelligence will be a key turning point in the next phase of development for the cryptocurrency industry. However, if computing power and infrastructure are controlled by a few large tech companies, it could pose systemic risks.In the future, AI agents could autonomously execute transactions, collaborate, and verify on blockchain networks, becoming the foundation of a "machine economy." Cryptographic technology and decentralized systems will ensure transparency and accountability, allowing machines to supervise each other.Additionally, he believes that traditional finance and DeFi are accelerating their integration, driving the global economy towards a more refined and programmable direction, while the risks of quantum computing are a long-term manageable issue that Ethereum developers have already prepared for.

According to Nikkei News, Japan has approved amendments to the Financial Instruments and Exchange Act (FIEA), classifying digital assets as financial instruments and prohibiting insider trading based on non-public information.

According to The Block, Strategy proposed to update its STRC preferred stock dividend payment plan from once a month to twice a month.According to the statement, Strategy will hold its annual shareholder meeting on June 8, at which time the voting on the Stretch update proposal will conclude. If approved, the first record date for the new semi-monthly payment plan will be June 30, with the first payment expected to be made on July 15.The company stated that this change could "reduce reinvestment lag, improve liquidity, enhance market efficiency, and strengthen price stability."

The savings-type stablecoin project Buck announced that it is gradually ending the operation of the Buck protocol and tokens to make room for future projects. All holders will receive a 100% principal refund. The support for STRC and USDC remains valid and is over-collateralized, and the redemption channel is now open. The team will keep the redemption window open until all holders have completed their redemptions. The team stated that they are fully committed to new projects.

Recently, USDD disclosed its performance data for the first quarter of 2026: the revenue for this quarter reached $6.3 million, a quarter-on-quarter increase of 66.6%; profit reached $6.14 million, a quarter-on-quarter increase of 77.9%; expenses decreased to $160,000, a quarter-on-quarter decrease of 51.6%; the treasury balance increased by 77.9% on a quarter-on-quarter basis; the total treasury balance rose to $13.91 million. The growth in performance is mainly attributed to the continuous expansion of the ecological landscape, collaboration with Binance Wallet, GateDEX, Bitget Wallet, and the optimization of TRX and sTRX treasury parameters, which improved capital efficiency.At the same time, a more diversified capital allocation further enhanced revenue resilience. While maintaining zero systemic risk, USDD is accelerating into a new phase of high-quality growth.

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.

According to Jinshi reports, Federal Reserve Governor Waller stated that he will closely monitor whether there are signs of increasing pressure in employment data.

According to Jinshi reports, Federal Reserve Governor Waller stated that the current breakeven growth rate in the job market may be close to zero.

According to Jinshi reports, Federal Reserve Governor Waller stated that the longer the Middle East war drags on, the greater the risks to inflation and employment will be.

The SEC released a document (34-105260) disclosing the rule change application submitted by the NYSE, intending to formally introduce a framework for trading tokenized securities.According to the proposal, the NYSE plans to add Rule 7.5, allowing eligible securities to be traded and settled in a blockchain-based tokenized form in addition to traditional forms. The relevant arrangements will operate under the DTC pilot program. The core mechanisms include: tokenized securities and traditional stocks will share the same trading code (CUSIP) and rights structure, and will be fully interchangeable; in the matching system, tokenized and traditional securities will have the same execution priority, and the order of transactions will not be affected by the different forms; trading participants can choose to settle and clear in an on-chain form through a tokenization flag, with specific processing carried out by custodians. Additionally, the NYSE also plans to simultaneously modify order sorting, routing, and clearing rules to accommodate the trading process of tokenized securities, ensuring seamless integration with the existing market structure.From a market perspective, this proposal signifies that traditional U.S. securities exchanges are officially exploring the introduction of blockchain technology into the core trading and settlement systems. If approved, it could become an important milestone for on-chain securities entering mainstream financial infrastructure.

The UK-listed company Quantum Blockchain announced a placement of 142,857,142 new shares at a price of 0.35 pence per share to raise £500,000. In addition, the company announced the establishment of a new Bitcoin mining subsidiary, BlocKeeper, and the new funds will be used to accelerate its AI-driven Bitcoin mining research and development.