News linked to both this project and an event.
According to Cointelegraph, Malaysian digital asset exchange Hata has completed an $8 million Series A funding round led by Bybit, with participation from multiple global family offices. Previously, Bybit also participated in Hata’s $4.2 million seed funding round. Hata holds licenses issued by the Securities Commission Malaysia and the Labuan Financial Services Authority, enabling it to provide digital asset trading and custody services in the country.
Odaily News U.S. Senator Thom Tillis is urging the Senate Banking Committee to postpone the deliberation of the crypto market structure bill until May, in order to secure more time for finalizing a regulatory compromise on stablecoins between banks and the crypto industry.This move aims to provide additional negotiation space for key disagreements surrounding stablecoins and to promote the formation of a more feasible regulatory framework. (Cointelegraph)
According to Cointelegraph, the Monetary Authority of Singapore (MAS) has urged banks to strengthen their cybersecurity defenses amid heightened regulatory attention triggered by the spread of Anthropic’s Mythos AI model across Asia.
According to Cointelegraph, Poland’s parliament failed again on Friday to override President Karol Nawrocki’s veto of the cryptocurrency regulation bill, with 243 votes against and 191 in favor—falling short of the required 263 votes. The bill aims to align Poland with the EU’s Markets in Crypto-Assets (MiCA) regulatory framework; however, Poland remains the only EU member state yet to implement MiCA. The president rejected the bill citing excessive regulation, insufficient transparency, and undue burdens on small and medium-sized enterprises (SMEs), while the finance minister warned that regulatory inaction would turn the market into a “haven for fraudsters.” Additionally, Poland’s largest cryptocurrency exchange, Zonda, has become embroiled in political controversy: Prime Minister Donald Tusk accused it of links to Russian criminal networks. Zonda’s CEO denied the allegations and stated the company would pursue legal action.
According to Cointelegraph, Tempo—a payment-focused Layer-1 public blockchain backed by Stripe and Paradigm—recently launched its new “Zones” feature, enabling enterprises to conduct stablecoin transactions within permissioned environments while maintaining interoperability with public-chain liquidity. This functionality is primarily targeted at use cases such as payroll distribution, fund management, and B2B settlements. However, the feature has drawn criticism from industry observers due to its operator-centric design. Each Zone is controlled by a single operator who can view all transaction data and has the authority to suspend users’ transfer or withdrawal privileges in accordance with compliance requirements. Critics argue that this introduces a trust assumption akin to that of centralized exchanges, thereby deviating from blockchain’s core trustless principle.
According to Cointelegraph, the Tennessee Strategic Bitcoin Reserve Act will hold a hearing before the Senate Finance Committee on April 20, bringing it one step closer to potentially becoming law. The bill is advancing to the next stage of the state’s legislative process.
Odaily News The Tennessee "Strategic Bitcoin Reserve Bill" in the United States will hold a hearing in the Senate Finance Committee on April 20, further advancing the relevant legislative process. (Cointelegraph)
According to Cointelegraph, a legal dispute between prediction market platform Kalshi and the state of Nevada over regulatory jurisdiction concerning event contracts may ultimately be appealed to the U.S. Supreme Court. Kalshi argued before the U.S. Court of Appeals for the Ninth Circuit that its event contracts qualify as “swaps” subject to the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), rather than falling under state-level gambling regulation. Previously, Nevada had restricted Kalshi from offering such contracts on the grounds that it required a gambling license. Paul Grewal, Coinbase’s Chief Legal Officer, stated that the Supreme Court may rule on whether sports contracts listed on designated contract markets fall within the CFTC’s exclusive regulatory authority.
According to Cointelegraph, the Cato Institute—a public policy think tank based in Washington, D.C.—stated that the U.S. should eliminate capital gains taxes on cryptocurrencies such as Bitcoin to reduce taxpayers’ filing burdens and foster monetary competition. Nicholas Anthony, a researcher at the institute, noted that the current tax regime discourages the use of cryptocurrencies as a medium of exchange, since users may trigger taxable events—and increase reporting complexity—each time they use cryptocurrency to purchase goods or services. The report also suggested alternative approaches, including exempting payments for goods and services from capital gains taxation or establishing a minimum threshold for taxation.
According to Cointelegraph, Denmark’s central bank, Danmarks Nationalbank, published a staff paper stating that only 4% of Danish citizens hold cryptocurrency—a figure unchanged since 2023 and lower than that of other European countries such as Norway, Finland, and the UK, where ownership exceeds 10%. The survey found that most holders own less than 10,000 Danish kroner (DKK) in crypto assets, with total holdings estimated between $317 million and $847 million. The report attributes the limited adoption of cryptocurrency in Denmark to the central bank’s long-standing cautious stance, tax-related considerations, and concerns about risk. Crypto holders are predominantly young and high-income individuals, and the primary use case remains investment rather than payments.
According to Cointelegraph, Tarek Mansour, CEO of prediction market platform Kalshi, stated that Kalshi will launch a “Parent Portal,” allowing parents to submit identification information to verify whether their children are impersonating them to circumvent the platform’s age restrictions. Kalshi will also add selfie verification to accounts, using facial recognition technology to determine whether the user matches the registered identity. The report notes that Kalshi is currently under scrutiny at both the state and federal levels in the U.S. over sports event contracts and wagers related to military operations. Meanwhile, Kalshi has argued in court that it falls exclusively under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), and related state-level lawsuits remain ongoing.
According to Cointelegraph, U.S. Senator Elizabeth Warren sent a letter to Elon Musk requesting clarification on X platform’s planned payment feature, X Money—including its stablecoin and cryptocurrency integration strategy—and warning that it could pose risks to the financial system and U.S. national security. Warren specifically questioned whether X Money would issue its own stablecoin under exemptions provided by the GENIUS Act, and whether users would be adequately informed that their funds are not covered by FDIC deposit insurance. The letter also noted that X Money’s test preview indicates it may offer a 6% deposit interest rate and that it is partnering with Cross River Bank—a bank previously subject to FDIC enforcement actions.
Odaily News The UK Financial Conduct Authority (FCA) has announced that it is seeking industry feedback on guidance for the UK's future crypto asset regulatory regime, aiming to advance the implementation of a comprehensive regulatory framework set to take effect on October 25, 2027.According to the announcement, this consultation round will last until June 3, 2026, and aims to help businesses understand the impact of the new rules on their operations, while providing compliance guidance for key areas such as stablecoin issuance, crypto trading, custody, and staking. The FCA stated its intention to establish a "competitive and sustainable" crypto market, enabling compliant firms to better serve UK users.The FCA also disclosed that the relevant crypto firm authorization application channel is expected to open in September 2026 and remain open until February 2027. All institutions providing crypto asset services will in the future need to obtain authorization under the Financial Services and Markets Act (FSMA), and those previously registered under the anti-money laundering framework will not be automatically exempt. This guidance consultation is seen as a significant step in the UK's gradual improvement of its crypto regulatory system, marking an acceleration in its transition from partial regulation to a comprehensive licensing regime. (Cointelegraph)
Odaily News Eric Anziani, COO of crypto.com, stated at Paris Blockchain Week that prediction markets could become a trillion-dollar market. Because users have a direct stake in the outcomes, their accuracy can be 30% higher than surveys. (Cointelegraph)
Odaily News The State Bank of Pakistan has officially allowed banks to open accounts for licensed Virtual Asset Service Providers, lifting its 2018 ban. (Cointelegraph)
According to Cointelegraph, U.S. Senator Tim Scott said today that he is optimistic the CLARITY Act will be finalized this summer.
According to Cointelegraph, Crypto.com has reached a definitive agreement with online casino company High Roller Technologies to officially enter the prediction markets sector. This partnership will enable Crypto.com to offer event-based prediction market services to U.S. users via the CFTC-registered CDNA exchange. High Roller stated that the collaboration establishes a strong foundation for both parties in the prediction markets space. Analysts project that the prediction markets sector could reach $1 trillion by 2030, driven by growing demand for contracts tied to economic, business, and political events. Following the announcement, High Roller’s stock (ROLR) on the New York Stock Exchange doubled to $10.77. Prediction markets continue to face legal challenges in multiple jurisdictions, while relevant authorities are actively advancing regulatory compliance efforts.
According to Cointelegraph, the blockchain payment network XRP Ledger (XRPL) has partnered with zero-knowledge infrastructure provider Boundless to integrate its zero-knowledge technology into the underlying network, aiming to enable confidential and compliant on-chain transactions for banks and asset management firms. Shiv Shankar, CEO of Boundless, stated that the solution protects sensitive information—including transaction size, frequency, and counterparty details—through selective disclosure and role-based access control, while ensuring regulatory authorities can audit related activities. This integration is expected to drive adoption across multiple institutional use cases on public blockchains, including cross-border corporate payments, treasury management, over-the-counter (OTC) trading, tokenized asset issuance, and decentralized finance (DeFi). Industry observers believe that striking a balance between privacy and compliance is becoming a key factor in driving institutional adoption of public blockchains.
According to Cointelegraph, the Pacific island nation of Nauru has appointed cryptocurrency entrepreneur Dadvan Yousuf as its International Trade Commissioner to advance its digital asset strategy and attract global investment. Nauru’s President David Adeang stated that this move aims to strengthen cross-border collaboration with virtual asset service providers, financial institutions, and technology companies, positioning Nauru as a hub for virtual asset activities. Previously, Nauru enacted legislation establishing the Command Ridge Virtual Asset Authority (CRVAA), a dedicated regulatory body overseeing virtual asset activities—including cryptocurrency firms and digital banks. Officials said Yousuf will assist Nauru in promoting international cooperation and harmonizing compliance standards. Notably, Yousuf previously drew regulatory scrutiny in Switzerland for unlicensed token sales related to a cryptocurrency project he founded. This appointment marks Nauru’s strategic shift from building a regulatory framework to actively promoting its digital asset industry.
According to Cointelegraph, Hacken, a blockchain security firm, released its Q1 2026 report revealing that Web3 projects suffered $464.5 million in losses due to hacking and scams during the quarter. Phishing and social engineering attacks accounted for $306 million—making them the primary source of losses. A hardware wallet scam in January alone caused $282 million in losses, representing 81% of the quarter’s total losses. Smart contract vulnerabilities led to $86.2 million in losses, while failures in access control—including compromised private keys and cloud services—resulted in $71.9 million in losses. The report notes that the largest security incidents predominantly occurred in off-chain operations and infrastructure layers—areas typically beyond the scope of traditional audits. Europe’s regulatory frameworks, MiCA and DORA, are increasingly imposing stricter requirements on security monitoring and incident response, and global regulators are also raising standards for real-time monitoring and emergency response.