ChainCatcher news, according to Bloomberg, the Zimbabwean government has officially launched a blockchain-based carbon credit registry system aimed at enhancing transaction transparency and rebuilding investor confidence. The country's Environment Minister Evelyn Ndlovu stated at the launch ceremony in Harare that the system, developed by Dubai's A6 Labs, allows for the entire process of carbon credit issuance, trading, and cancellation to be traceable, ensuring data integrity. Previously, the country faced operational disruptions for international developers, including the Kariba Redd+ project, due to the sudden cancellation of multiple carbon credit projects and the imposition of a 50% revenue tax in 2023.Last week, Zimbabwe also established the Carbon Market Authority (ZCMA) to oversee project approvals. According to statistics from California-based data company RippleNami in 2023, the country's carbon credit output accounts for 12.5% of the total in Africa, ranking third on the continent. Washington Zhakata, the permanent secretary of the Environment Ministry, emphasized that developers must submit compliance applications through the zicma.org.zw platform to conduct business. Currently, other African countries such as Kenya and Zambia are also strengthening regulation in this field.

ChainCatcher news, the Bhutanese government, in collaboration with Binance Pay and local digital bank DK Bank, has officially launched the world's first national-level cryptocurrency travel payment system. This innovative mechanism allows tourists with Binance accounts to enjoy a truly cashless, secure, and flexible end-to-end payment experience. Currently, over 100 local merchants have completed integration with DK Bank and Binance Pay.The system supports Binance Pay users to pay for almost all travel-related items in Bhutan using cryptocurrency, including flights to Bhutan, visa fees, and Sustainable Development Fee (SDF), hotel bookings, guide fees, attraction tickets, and local spending. The system supports over 100 types of cryptocurrencies, with payment methods covering both static and dynamic QR code scanning, ensuring instant transactions and secure fund transfers.Binance CEO Richard Teng stated, "We are excited to partner with Bhutan, which not only promotes the application of cryptocurrency in the travel sector but also sets a model for technology connecting culture and economy. This project showcases our commitment to innovation and our vision of empowering global connectivity and enriching travel experiences through digital finance."

ChainCatcher news, in response to community member Daniel Wang's proposed naming label #BattleTested for the L2 network Stage 2, Ethereum co-founder Vitalik posted on the X platform stating: "This is a good reminder: the second stage is not the only factor affecting security; the quality of the underlying proof system is equally important. This is a simplified mathematical model that shows when to enter the second stage:Each security council member has a 10% independent 'break' chance; we consider activity failure (refusal to sign or key unavailability) and security failure (signing the wrong thing or key being hacked) as equally likely; the goal: to minimize the likelihood of protocol collapse under the above assumptions.Stage 0 security council is 4/7, Stage 1 is 6/8; please note that these assumptions are very imperfect. In reality, council members have 'common mode failures': they may collude, or all be coerced or hacked in the same way, etc. This makes both Stage 0 and Stage 1 more insecure than shown in the model, so entering Stage 2 earlier than the model suggests is the best choice.Additionally, note that by turning the proof system itself into multiple independent systems via multi-signature, the probability of proof system collapse can be greatly reduced (this is what I advocated in previous proposals). I suspect that all Stage 2 deployments in the past few years will be like this. Considering this, here is the chart. The X-axis is the probability of proof system collapse. The Y-axis is the probability of protocol collapse. As the quality of the proof system improves, the optimal stage shifts from Stage 0 to Stage 1, and then from Stage 1 to Stage 2. Using a proof system of Stage 0 quality for Stage 2 is the worst.In short, @l2beat ideally should showcase proof system audits and maturity metrics (preferably proof system implementations rather than the entire aggregation, so we can reuse them) and stages."

ChainCatcher News, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) recently proposed to prohibit Cambodia's Huione Group from accessing the U.S. financial system, citing allegations of money laundering activities and connections to North Korean hacker groups. Treasury Secretary Scott Bancen stated in a statement on Thursday, "This proposed measure will cut off Huione Group's access to banking services, weakening its ability to launder illicit proceeds."The rule-making proposal under Section 311 of the Patriot Act would authorize FinCEN to require U.S. financial institutions to prohibit Huione Group and its affiliates from opening and managing accounts.FinCEN alleges that between August 2021 and January 2025, Huione Group laundered over $4 billion in illicit funds, including $37 million in stolen assets from a North Korean-led cyber theft. Bancen revealed that the cryptocurrency trading platforms and online payment services operated by Huione Group have become the "preferred market" for cybercriminals.

ChainCatcher news, at the global crypto event TOKEN2049 in Dubai, cryptocurrency exchange KuCoin officially launched its major strategy------the "Trust Plan," and announced a future investment of $2 billion to promote KuCoin into a new stage of high-quality, sustainable development, focusing on key areas such as platform security, transparency building, compliance system enhancement, and KCS ecosystem development.It is reported that this conference marks the first public appearance of KuCoin's new CEO BC Wong since taking office. He took the stage alongside KuCoin's EU CEO Oliver Stauber, addressing over 15,000 industry leaders, regulatory representatives, and crypto innovators from around the world, elaborating on KuCoin's long-term vision and systematic layout regarding the core industry proposition of "trust."In his speech titled "The Trust Gap in the Crypto Industry: Building a Winning Platform," BC Wong pointed out: "As the crypto industry enters the mainstream era, technology and speed are merely entry thresholds. Platforms that can truly transcend cycles must continuously invest in underlying values such as security, transparency, compliance, and responsibility." He stated that the "Trust Plan" is not only a significant financial commitment but also a comprehensive realization of KuCoin's core values. In the coming years, KuCoin will continue to strengthen platform security infrastructure, promote on-chain transparency mechanisms, deepen collaboration with global regulatory agencies, and increase investment in user education and ecosystem health, fully constructing a more trustworthy digital asset trading environment.Among them, KCS (KuCoin Token), as the core connecting asset between the platform and users, will play a crucial role in the "Trust Plan." KuCoin will further optimize the incentive mechanisms, governance rights, and ecological applications of KCS, strengthening its strategic position in enhancing user stickiness, participating in governance, and promoting community co-construction.

ChainCatcher news, according to CNBC, Eric Trump, vice president of the Trump Organization and son of Donald Trump, publicly criticized the traditional financial system at a cryptocurrency event in Dubai, stating that the SWIFT system is inefficient and that the banking industry will be eliminated in ten years if it does not reform.He stated, "The modern financial system has collapsed, it is slow and costly. Everything that blockchain technology can do will be better than the way current financial institutions operate. SWIFT is a disaster. Our banking system favors the super-rich.What really got me into the (cryptocurrency) space is realizing that our banking system is being used against the vast majority of people in our country. This forced me into the world of cryptocurrency. I tell you, if banks do not pay attention to the upcoming changes, they will go extinct in ten years."He also praised decentralized finance as a way to bypass the costs and lack of privacy associated with traditional banks.In recent years, Eric Trump has frequently visited this desert emirate, as it has rapidly become a global center for cryptocurrency.

ChainCatcher news, on April 29, the "2025 HTX DAO Confidence Journey - Dubai Whale Night" hosted by HTX DAO was grandly held in Dubai.At the event, the user growth leader of Huobi HTX comprehensively showcased the platform's SVIP benefits system. This system focuses on three core advantages: "cost optimization, capital efficiency, and exclusive privileges," providing industry-leading solutions for high-frequency traders, institutional investors, and long-term holders.Specifically, it includes: ultra-low fees (spot Maker as low as 0.0126%, contract Maker 0 fee), low-interest high-limit leveraged loans, customized wealth management, one-on-one exclusive account managers, and global elite private board meetings.According to reports, SVIP users can reduce fees by upgrading their Prime level, saving nearly ten thousand dollars in transaction costs per month; they can also increase returns by up to 20% through flexible wealth management and increasing loan limits.In addition, the Huobi HTX SVIP recruitment program has been launched simultaneously, inviting new users to upgrade to SVIP to share a million dollars, with a maximum reward of 5,000 USDT per person. Moreover, special invitations for VIP rewards from other platforms are doubled, and inviting multiple people can earn an additional maximum of 2,000 USDT cashback voucher airdrop rewards.

ChainCatcher news, viewed by Wall Street as the top contender to succeed current Federal Reserve Chairman Jerome Powell, former Federal Reserve Governor Kevin Warsh stated in a column for The Wall Street Journal that the Federal Reserve has reached the limits of its statutory and implied powers, surpassing certain long-standing principles and practices of central banking.The Federal Reserve's role in all economic policy matters within the government has become increasingly expansive. This all-encompassing and opportunistic expansion by the Federal Reserve has led to systematic errors in macroeconomic policy.Warsh believes that monetary policymakers should avoid discussing fiscal matters. However, if the Federal Reserve chooses to overstep, it should maintain consistency in its words and actions during both crises and periods of prosperity. The maintenance of the Federal Reserve's independence primarily depends on the Federal Reserve itself, but this does not mean that central bank experts should be treated like spoiled princes.

According to ChainCatcher news, the Korea Herald reported that the People Power Party of Korea announced it would abolish several policies, including the "one exchange, one bank" system for virtual assets, as a core commitment for the presidential election.The virtual asset policy proposal put forward by the party mainly includes: lifting the current restriction of "one exchange limited to one bank"; promoting the legalization of virtual asset trading for businesses and institutional investors; introducing virtual asset spot ETFs; advancing legislation for security token offerings (STO); establishing a regulatory framework for stablecoins; formulating the "Basic Law for the Revitalization of Digital Assets"; and constructing an innovative tax system for virtual assets, among seven major measures.These policies aim to comprehensively reform the regulatory framework of Korea's virtual asset market and promote the healthy development of the digital asset industry.

ChainCatcher news, according to the APP page, the Binance APP has launched the Alpha Point points system. This points system is used to assess user activity in Binance Alpha and the Binance wallet, determining eligibility to participate in wallet TGE and Alpha token airdrop activities.

ChainCatcher news, according to official sources, Jonathan Brockmeier has officially been appointed as the Chief Compliance Officer of OKX, which will further strengthen cooperation with global regulatory agencies and consolidate the trusted foundation built by the platform.It is reported that Jonathan previously worked at the fintech startup Zepz, leading the global compliance team, responsible for strategic planning, second line of defense risk and governance, market expansion, and regulatory affairs. Before joining Zepz, he established the compliance framework for the Americas at the Singapore fintech unicorn Thunes, designing and implementing a regulatory framework covering the United States, Canada, Mexico, and the entire Latin American market. He also served as the Chief Compliance Officer of Quberu and World First, and was a regulatory strategy advisor for Arcus, a subsidiary of Mastercard.

ChainCatcher news, according to Formula News, the Gate.io exchange system is suspected to have a malfunction, with the platform's contract positions displaying abnormalities, and the contract portion of account assets not showing asset balances.

ChainCatcher news, according to market news, U.S. Treasury Secretary Basant will deliver a speech on the state of the financial system at 10 AM Eastern Time on April 23 (10:00 PM Beijing Time tonight).

ChainCatcher news, according to Cointelegraph, the European Central Bank (ECB) has expressed concerns over the aggressive policies supporting the cryptocurrency industry in the United States, warning that the surge of dollar stablecoins could undermine the stability of the European financial system.The ECB has called for amendments to the recently implemented Markets in Crypto-Assets Regulation (MiCA). The bank is worried that U.S. reform initiatives, backed by Trump, could lead to an influx of dollar stablecoins into the European market, triggering capital outflows from Europe to U.S. assets, thereby harming the EU's financial sovereignty and exposing banks to liquidity risks.In response, some officials believe these warnings are somewhat exaggerated. Two diplomats and one EU official stated that despite the U.S. plans to introduce the Stablecoin Transparency and Accountability Act (STABLE) and the U.S. Stablecoin Innovation and Protection Act (GENIUS), the existing MiCA framework is sufficient to manage stablecoin risks.

ChainCatcher news, according to Chainwire, Layer 2 payment blockchain Fuse announced a partnership with cybersecurity giant Check Point Software Technologies (NASDAQ: CHKP) to jointly develop and deploy the industry's first real-time threat defense system for blockchain.The system utilizes AI-driven technology to identify and block malicious transactions in real-time before threats occur, elevating blockchain security from post-event detection to real-time prevention.