News linked to this event type.
Odaily Odaily News, Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin's return to the $100,000 mark may not require a new market narrative to drive it; narratives will naturally form after the price increases. He pointed out that the current market focus has shifted to areas such as AI, putting relative pressure on Bitcoin's short-term performance. However, from a mathematical and statistical perspective, the current price range still holds accumulation value.Data shows that Bitcoin has not been above the $100,000 mark for nearly five months. The price has recovered from a low of around $60,000 in February this year to approximately $78,000, with a gain of about 14.49% over the past 30 days. The market is broadly focused on potential catalysts such as the Federal Reserve's interest rate policy, regulatory progress, and capital inflows into Bitcoin spot ETFs. However, some argue that even if the U.S. CLARITY Act is implemented, its direct impact on Bitcoin's price will be limited. (Cointelegraph)
: UK Reform Party leader Nigel Farage has been accused of conflict of interest by the opposition. He received a £5 million personal donation from crypto investor Christopher Harborne in 2024. Subsequently, in May 2025, the Reform Party proposed a draft regulatory framework for the crypto industry, aiming to reduce the stamp duty on crypto transactions from 24% to 10%, and proposed establishing a national Bitcoin reserve and lowering capital gains tax on crypto assets. Farage has acknowledged receiving the donation. The Reform Party stated that policy formulation is unrelated to donors. Additionally, Harborne donated another £12 million to the party last year, and crypto businessman Ben Delo donated £4 million this year. Farage now faces allegations of breaching House of Commons rules. In severe cases, he could face suspension as an MP, triggering a by-election. (Financial Times)
The Odaily Seer Prophecy Channel monitors that the probability of Polymarket's "CLARITY Act takes effect in 2026" has risen to 67%, up 21% in 24 hours.The event contract rules state: If the Digital Asset Market Clarity Act of 2025 (H.R.3633) is passed by both chambers of the U.S. Congress and signed into law before 11:59 PM Eastern Time on December 31, 2026, the outcome is "Yes"; otherwise, it is "No." The primary source of information is the Congress.gov website (https://www.congress.gov/bill/119th-congress/house-bill/3633) and other official U.S. government information, although other reliable reports may also be referenced.Coinbase has indicated that key disagreements regarding stablecoin holding yield provisions have been resolved with traditional banking institutions, clearing the way for the U.S. Senate to advance the crypto market structure bill. Previously, banks had lobbied to restrict or prohibit exchanges from offering yields to stablecoin holders, primarily due to concerns over capital outflows from the deposit banking system. Coinbase Chief Policy Officer Faryar Shirzad stated that the final plan, while adding some restrictions, still preserves room for users to earn rewards through crypto platforms and networks based on actual usage scenarios. This development is expected to push the CLARITY Act toward a voting process in the Senate Banking Committee.The Odaily Seer Prophecy Channel continues to monitor the prediction market, seeing changes before pricing.
: Following the halt of the acquisition plan for AI agent company Manus, the China Securities Regulatory Commission (CSRC) has tightened its review of red-chip structure enterprises seeking Hong Kong IPOs. Several AI companies planning to go public have begun evaluating the dismantling of their overseas structures and a return to domestic entities. Moonshot AI is currently in communication with lawyers regarding structural reorganization, but has not yet made a final decision. Stepfun has already initiated the process of dismantling its overseas holding structure, believing that transitioning to a domestic entity will help shorten the approval cycle. DeepRoute.ai is also conducting a similar evaluation. Industry insiders point out that dismantling a red-chip structure typically takes 6 to 12 months, involving processes such as equity buybacks, establishing joint venture entities, and tax handling. Currently, regulators have not issued a comprehensive ban, but have been inquiring about the overseas holding situations of relevant companies. (The Information)
Alex Thorn, Head of Research at Galaxy Research, stated that the U.S. crypto market structure bill—the CLARITY Act—has entered a critical legislative phase. With the Senate’s key compromise proposal on stablecoin yield officially released, positive signals have emerged for the bill’s advancement. The Senate Banking Committee could begin formal consideration as early as the week of May 11. The new proposal explicitly expands the scope of stablecoin yield restrictions—from issuers to third-party platforms, including crypto exchanges such as Coinbase—and stipulates that yields must not be paid solely because users hold stablecoins (i.e., idle balances), nor may rewards be distributed in forms that are economically or functionally equivalent to bank deposit interest.
Coinbase stated a key disagreement over stablecoin yield provisions has been resolved with traditional banks, clearing a path for the U.S. Senate to advance a crypto market structure bill. Previously, banks had lobbied to restrict or prohibit exchanges from offering yields to stablecoin holders, primarily over concerns about funds flowing out of the bank deposit system. Coinbase Chief Policy Officer Faryar Shirzad said the final compromise, while adding some restrictions, still preserves users' ability to earn rewards through crypto platforms and networks based on actual use cases. This progress is expected to move the "Clarity Act" toward a vote in the Senate Banking Committee, further clarifying the regulatory responsibilities of the SEC and CFTC over crypto assets. (Bloomberg)
A compromise text of the Clarity Act, agreed upon by members of the U.S. Senate Banking Committee, was released on Friday. The text allows crypto companies to continue offering stablecoin reward programs but prohibits them from providing stablecoin yields that function as or are economically equivalent to bank deposits.
Andreessen Horowitz (a16z) stated in a comment letter to the CFTC that state-level regulatory measures for prediction markets are creating "barriers to fair access" and could undermine market liquidity.a16z pointed out that requiring platforms to restrict user access on a state-by-state basis would affect market uniformity, conflicting with the principle of fair access at the federal level. Additionally, frequent bans and enforcement actions could also compress overall trading depth.The institution emphasized that prediction markets play a significant role in information discovery and probability pricing, supporting unified federal regulation. The CFTC, meanwhile, maintains that the relevant contracts fall under its exclusive regulatory scope.
According to The Block, MoonPay has launched the stablecoin debit card “MoonAgents Card,” enabling AI agents and users to spend directly from on-chain wallets. The card is integrated with the Mastercard network and issued by Monavate, a regulated global payment platform.
the Central Bank of Brazil (BCB) has issued Resolution No. 561, prohibiting the use of virtual assets for settlement in regulated eFX international payment and transfer services. The resolution stipulates that payments and receipts between eFX service providers and their foreign counterparties must be conducted exclusively through foreign exchange transactions or non-resident Brazilian Real accounts, and the use of virtual assets is strictly forbidden.This regulation also applies to eFX providers in a transition period that have not yet been included in the approved category. These companies must apply for authorization from the Central Bank by May 31, 2027, if they wish to continue providing services. This move does not constitute a comprehensive ban on crypto asset transfers within Brazil but aims to confine cross-border payment flows within the regulated foreign exchange track.The Central Bank of Brazil stated that the decision is due to a surge in the use of stablecoins for cross-border payments, which has raised concerns regarding money laundering, tax issues, and monetary sovereignty. (Cointelegraph)
Alberta Investment Management Corporation (AIMCo) disclosed in a regulatory filing on April 30 that it holds $219 million worth of shares in Strategy, a decentralized finance (DeFi) asset management protocol. Strategy provides institutional-grade yield optimization and automated risk management services. The investment aligns with trends including real-world asset (RWA) tokenization, automated liquidity allocation, and institutional participation in on-chain finance.
In an article titled “Getting Prediction Market Regulation Right,” Miles Jennings, Policy Lead and General Counsel of a16z Crypto, and others argue that the Commodity Futures Trading Commission (CFTC)’s current efforts to reform the regulatory framework for prediction markets come at a critical juncture—prediction markets are evolving from niche products into essential infrastructure. When combined with AI- and blockchain-driven novel risk-management models, prediction markets can enable AI agents to automatically hedge risk, adjust on-chain event contract positions in real time, and play a central role in risk management, information aggregation, and truth assessment. a16z Crypto warns that an overly conservative regulatory framework would constrain the growth potential of prediction markets. Accordingly, it has submitted a comment letter offering recommendations on key issues—including the application of statutory core principles and CFTC regulations to prediction markets, public interest considerations related to event contracts—and proposing five regulatory recommendations for prediction markets: (1) granting the CFTC unified regulatory authority over event contracts; (2) optimizing dispute resolution mechanisms for such contracts; (3) strengthening monitoring of insider trading and market manipulation; (4) re-evaluating the “special rules”; and (5) exploring clearer compliance pathways for on-chain prediction markets.
According to Bloomberg, the Japan Exchange Group (JPX) plans to advance preparations for listing exchange-traded funds (ETFs) related to crypto assets once revisions to the relevant crypto asset legislation are completed—potentially launching as early as next year. JPX CEO Hiromi Yamamichi stated that several asset management firms have expressed interest in launching crypto asset ETFs, and “we can proceed at any time” if legal and tax treatments are clarified. However, if the legislative process is delayed, the ETF launch could be pushed back to 2028.
According to CoinPost, SBI Holdings announced on May 1 that it has officially begun negotiations with bitbank Co., Ltd.—the operator of the cryptocurrency exchange bitbank—regarding a capital and business partnership, with the aim of bringing bitbank under SBI’s consolidated subsidiaries. SBI will proceed with the share acquisition upon completion of due diligence and internal procedures; the specific timing and method of acquisition remain subject to further discussion. Previously, SBI’s subsidiary SBI VC Trade completed the absorption merger of BITPoint Japan in April.
this week, U.S. Democratic Senators Elizabeth Warren and Ron Wyden sent letters to Tether CEO Paolo Ardoino and U.S. Commerce Secretary Howard Lutnick, expressing concerns over a loan provided by Tether to a family trust fund benefiting Lutnick’s children.The letter notes that prior to becoming Commerce Secretary, Lutnick led Cantor Fitzgerald, which has served as the custodian for Tether’s reserves since 2021. The senators question whether the loan may have helped Lutnick’s children obtain funds to acquire their father’s stake in Cantor Fitzgerald, raising concerns about potential conflicts of interest or bribery. Additionally, the senators expressed concerns over Tether’s past compliance record and its lobbying activities during the legislative process of the GENIUS Act, emphasizing the need to ensure that politically connected crypto stakeholders do not receive special treatment. (The Block)
According to the U.S. War Powers Act of 1973, the President must terminate the use of armed forces within a 60-day deadline after initiating military action without congressional authorization. Currently, some lawmakers argue that May 1 marks the expiration of this deadline, citing President Trump's notification to Congress on March 2 regarding the commencement of hostilities. However, Defense Secretary Pete Hegseth stated that the current ceasefire status means the 60-day clock has been paused or stopped.In response, Senator Adam Schiff argued that a ceasefire does not pause the clock, and believes that since the war did not face an imminent threat at its outset, the military action was illegal from the start. Meanwhile, some Republican lawmakers, such as Lisa Murkowski, indicated that if the White House fails to present a viable plan by next week, they will introduce an Authorization for Use of Military Force (AUMF) proposal to fulfill Congress's oversight duties under the Constitution. At present, uncertainty remains over whether President Trump will seek the additional 30-day extension allowed by the Act. (CNN)
The UK’s Financial Conduct Authority (FCA) has published Policy Statement PS26/7, permitting tokenised funds to be incorporated into the existing fund regulatory framework and supporting fund managers in maintaining investor records via distributed ledger technology (DLT) systems. Under the new rules, on-chain transaction records may serve as the primary ledger for fund unit transactions; however, firms must develop appropriate resilience plans. The FCA has also introduced an optional Direct-to-Fund (D2F) model, under which the fund or its custodian acts directly as the counterparty to investors’ transactions, streamlining subscription and redemption processes and enabling on-chain settlement. The FCA stated that it will continue evaluating the use of stablecoins, digital cash, and smart contracts in fund settlement and operations.
The U.S. Senate has unanimously passed a resolution (S. Res. 708) prohibiting senators from participating in prediction market trading, effective immediately. The proposal, introduced by Bernie Moreno, aims to curb speculative trading using non-public information.Several recent related incidents have drawn regulatory attention, including cases where individuals profited from prediction markets using confidential information. Meanwhile, platforms such as Kalshi and Polymarket are also strengthening internal controls to prevent insider trading.At the state level, New York and Illinois have also implemented similar measures, restricting public officials from using non-public information to participate in prediction markets.
the Ethereum Protocol Support Team has announced the launch of Ethereum Protocol Fellowship Cohort 7 (EPF7). The application channel is now open, with a deadline of May 13th.This program is designed to cultivate engineers capable of participating in Ethereum core protocol development, focusing on the network's core attributes including censorship resistance, open-source nature, privacy, and security. Key areas of focus include client implementations, protocol specifications, testing, and cutting-edge research.EPF7 will adopt a "small-scale, high-density" model, reducing participant numbers to enhance the depth of mentorship and the quality of project contributions, while strengthening collaboration opportunities with the core development team. The project runs from June to November. Selected participants will receive mentorship support from the Ethereum core developer community. Some participants will also receive monthly grants to focus on protocol development work. The program goals include nurturing long-term contributors for the Ethereum core research and development team, and driving participants towards producing substantive results in client development and protocol research.It is reported that the EPF team will host an online information session on May 6th at 15:00 UTC to further introduce project details and answer application-related questions.
Anchorage Digital has announced a partnership with stablecoin infrastructure protocol M0 to jointly develop a next-generation compliant stablecoin issuance and management system aligned with the U.S. regulatory framework. Anchorage Digital plans to expand its issuance platform capabilities by integrating M0's modular stablecoin protocol, providing institutional clients with infrastructure support to issue stablecoins under the U.S. regulatory system.M0 allows institutions to issue and manage stablecoins based on demand and has already partnered with several payment and crypto platforms, including Stripe, MoonPay, and MetaMask. The protocol supports a highly modular design, enabling various types of institutions—including fintech companies, exchanges, and payment service providers—to quickly issue their own stablecoins. (CoinDesk)