Hot ๐๐๐ Vietnam grants sandbox license for the first USDT payment project in Da Nang. This project is aimed at foreign tourists. It allows payment for services using USDT via QR code (which will automatically convert to VND)
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OKX and HashKey Invest in CAEX of VPBank, Participate in Cryptocurrency Asset Pilot Program in Vietnam
OKX Ventures and HashKey Capital invest in CAEX linked with VPBank, aiming for a capital threshold of 380 million USD to participate in Vietnam's 5-year cryptocurrency asset pilot program.
OKX Ventures and HashKey Capital have just announced an investment in CAEX, a cryptocurrency asset platform belonging to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) ecosystem, amid Vietnam implementing the most stringent digital asset management pilot program ever.
XAI Sues the State of Colorado, Claiming AI Regulations Restrict Free Speech
xAI sues Colorado to block the AI law set to take effect on June 30, arguing that the regulations against algorithmic discrimination have gone too far and infringe on free speech rights.
xAI, Elon Musk's artificial intelligence company, has opened a new legal front in the increasingly heated debate over how America regulates AI. In a lawsuit filed in federal court in Colorado, the company seeks to prevent the state from enforcing Senate Bill 24-205, a law that was signed in 2024 and is currently set to take effect on June 30, 2026.
Japan Passes Bill Classifying Crypto Assets as Financial Instruments
Japan amends the Financial Instruments and Exchange Act, officially classifying crypto assets as financial instruments, implementing transparency standards, and planning to launch a crypto asset ETF in 2028.
The Japanese government on Friday approved amendments to the Financial Instruments and Exchange Act, officially categorizing crypto assets within the same legal framework as traditional financial instruments. This marks a fundamental shift in Tokyo's regulatory approach: instead of viewing crypto assets primarily as a payment method under the previous Payment and Settlement Act, Japan now places this asset class alongside the stock market, with full obligations regarding transparency, information disclosure, and legal responsibility.
Treasury Secretary Bessent Critiques 'Nihilism' in the Cryptocurrency Asset Industry
Treasury Secretary Scott Bessent criticized the opposition to the Clarity Act as the cryptocurrency asset bill remains stuck in the Senate, with the biggest bottleneck being stablecoin yields.
U.S. Treasury Secretary Scott Bessent is ramping up public pressure on the cryptocurrency asset industry at a critical moment in the legislative process in Washington. In an op-ed published late on April 9, he criticized a segment of the leadership in the industry as 'nihilists' for continuing to oppose the push for the Clarity Act, a bill viewed as a central effort to establish a sustainable legal framework for the digital asset market in the U.S.
Tether Launches Local AI Application Development Toolkit, Operating Offline
Tether launches QVAC SDK, a local and offline AI toolkit, aimed at expanding beyond stablecoins and betting on a decentralized AI model, focusing on privacy.
Tether, the issuer of USDT, the world's largest stablecoin, is opening a new front beyond the cryptocurrency asset space with the official introduction of QVAC SDK, an open-source software development kit (SDK) for artificial intelligence (AI) applications that operate directly on devices.
Florida Investigates OpenAI Due to Concerns about National Security and Child Safety
Florida Attorney General James Uthmeier initiated an investigation into OpenAI, citing risks from ChatGPT related to national security, crime, and child protection.
Florida Attorney General James Uthmeier officially launched an investigation into OpenAI, the company behind ChatGPT, an AI chatbot that is used by over 900 million people weekly worldwide. The investigation focuses on three main risk groups: national security, the potential for exploitation for criminal purposes, and child safety. Subpoenas for information will soon be issued, according to Uthmeier's statement on platform X. โAI must drive humanity forward, not destroy it,โ he wrote.
Open Interest of Bitcoin and Ethereum Increased by Billions USD
The open interest of Bitcoin and Ethereum increased by 2.1 billion and 2.2 billion USD respectively in 24 hours, pushing the prices of the two assets up more than 7% for the week, according to CryptoQuant.
The cryptocurrency market recorded notable recovery signals as the open interest, total committed capital value in the unliquidated futures contracts of Bitcoin and Ethereum surged significantly. According to CryptoQuant's weekly report, the value of perpetual futures contracts increased by 2.1 billion USD for BTC and 2.2 billion USD for ETH in just 24 hours, reaching the highest level since last month.
โAtlantic Campaignโ: U.S., U.K., and Businesses Freeze $12 Million in Stolen Cryptocurrency Assets
Coinbase, Kraken, and Tether collaborated with the U.S. Secret Service and the U.K.'s NCA to trace $45 million, freezing $12 million in cryptocurrency assets from over 20,000 phishing scam victims.
An unprecedented joint investigation campaign involving U.S. and U.K. law enforcement agencies and leading cryptocurrency firms has concluded with significant results: identifying approximately $45 million in stolen cryptocurrency and successfully freezing $12 million to be returned to the victims.
Latin America Rises as the Fastest Growing Cryptocurrency Market in the World
The volume of cryptocurrency transactions in Latin America increased by 63% year-on-year. Stablecoins account for 90% of transactions but also represent 95% of global illicit financial flows.
Latin America has established itself as one of the fastest-growing cryptocurrency markets globally. According to a report by Chainalysis, from July 2022 to June 2025, the total volume of cryptocurrency transactions in the region is expected to reach approximately $1.5 trillion, with a growth rate of about 63% per year, one of the highest in the world.
Visa Launches Solution Connecting Businesses with AI Agent Commerce
Visa launches Intelligent Commerce Connect, enabling millions of businesses to integrate AI agents into payments through a single connection.
Visa has just introduced Intelligent Commerce Connect, a new infrastructure solution that allows businesses worldwide to integrate artificial intelligence agents into e-commerce processes through a single connection to the Visa Acceptance Platform.
This solution marks an important step in the strategy to expand the ecosystem of agent commerce, a model in which shopping and payment are carried out automatically by AI agents on behalf of users, instead of being directly handled by humans.
Polygon Labs is said to be negotiating to raise 50-100 million USD for a stablecoin payment joint venture, amidst this sector emerging as a rare bright spot in the cryptocurrency market.
Polygon Labs is looking to open a new direction beyond traditional blockchain infrastructure operations, as it is said to be negotiating to raise up to 100 million USD for a joint venture focused on stablecoin payments.
If the deal comes to fruition, this will be a noteworthy step not only for Polygon but also for the entire cryptocurrency market, as it reflects an increasingly clear trend: capital is shifting away from pure speculation stories to seek applications with revenue, practicality, and the ability to integrate into the global financial system.
Bithumb Files Lawsuit to Recover Mistakenly Distributed Bitcoin in the โfat Fingerโ Incident
Bithumb has initiated legal proceedings to recover 7 BTC that were mistakenly distributed following the โfat fingerโ incident in February, an event that exposed significant internal control weaknesses of the exchange.
Bithumb, one of the largest cryptocurrency exchanges in South Korea, is transitioning from crisis management to legal reclamation following the large-scale Bitcoin distribution error in February.
According to recent developments, the exchange has requested the court to freeze related accounts in order to recover the assets that have not yet been returned, indicating that the incident is no longer merely an operational error, but has become a test of legal responsibility and governance standards of cryptocurrency exchanges.
Cloudflare Aims for Post-Quantum Safe Internet by 2029
Cloudflare aims to withstand quantum attacks by 2029, as new research shows that the 'Q-Day' milestone may arrive sooner and increase risks with Bitcoin.
Cloudflare is accelerating its transition to post-quantum Internet infrastructure, aiming to equip its entire platform with quantum attack resistance by 2029. This move reflects a significant shift in cybersecurity thinking: the threat from quantum computing is no longer viewed as a distant risk of one or two decades ahead, but has become a problem that needs preparation starting now, especially for systems that rely on digital signatures and current authentication mechanisms.
Oil Plunges, Blowing Away Leveraged Positions on Hyperliquid
Nearly 3,000 oil traders on Hyperliquid were liquidated in 24 hours, with $79.7 million in positions wiped out, as Brent and WTI prices fell sharply, the most since 2020.
The wave of selling in the crude oil market this week quickly spread to the digital asset ecosystem, as thousands of traders on Hyperliquid were liquidated for betting leveraged on energy prices. This development indicates a significant shift in the decentralized exchange: from a platform closely tied to cryptocurrency assets to a market where fluctuations in real-world assets can immediately cause losses of tens of millions of USD.
OpenAI Introduces Policy Framework to Protect Children from AI Risks
OpenAI announces a new policy framework to prevent AI from being abused to create content that harms children, emphasizing legal, technical, and enforcement coordination at a large scale.
On April 9, OpenAI announced a new policy framework to support the technology industry in addressing the increasing risks of AI being abused to create child sexual abuse content. This move reflects an increasingly clear reality: generative AI models not only expand the capacity for creative content but also can lower barriers, increase the speed, and scale of abusive behaviors in the digital environment.
Chainalysis: Stablecoin Could Reach Volume of 1.5 Trillion USD by 2035
From the level of 28 trillion USD in 2025, a CAGR of 133% and two waves of generational asset transfers along with point-of-sale integration could push stablecoins beyond Visa and Mastercard.
The blockchain analysis company Chainalysis has just released a report forecasting that the volume of stablecoin transactions could reach 1.5 trillion USD per year by 2035, a figure that could surpass the total processing volume of the largest traditional payment networks in the world.
U.S. Treasury Tightens Stablecoin Legal Framework Under the GENIUS Act
The U.S. Treasury Department proposed requiring stablecoin issuers to comply with anti-money laundering regulations, prohibiting individuals with criminal records from leading compliance departments, and opening a 60-day comment period.
The U.S. Treasury Department has just announced a proposal detailing how stablecoin issuers must establish anti-money laundering programs and comply with sanctions under the GENIUS Act, the federal legal framework enacted last year.
Bitcoin Depot Lost 3.6 Million USD in Cryptocurrency Assets After Authentication Attack
Hackers stole 50.9 BTC from the company's wallet on March 23, Bitcoin Depot reported to the SEC after two weeks and classified the incident as having a significant impact.
The operator of Bitcoin Depot Inc. has filed with the U.S. Securities and Exchange Commission (SEC) on Wednesday, confirming a cyber attack that occurred on March 23, resulting in the company losing approximately 50.9 BTC, equivalent to 3.665 million USD based on the Bitcoin price at the time of the incident.