ChainCatcher news, according to Bloter, Kim Sung-jin, head of the Virtual Assets Division of the Financial Services Commission of South Korea, stated in Congress on April 2 that if domestic cryptocurrency exchanges have sufficient anti-money laundering capabilities, it may be possible to allow foreign investment in domestic cryptocurrency assets in the future. Current laws still prohibit foreign corporations and individuals from participating in such investments.

ChainCatcher news, according to Cointelegraph, U.S. Senator Tommy Tuberville from Alabama plans to push the Financial Freedom Act for the third time, allowing Americans to include cryptocurrency in their retirement savings plans. He stated that he will resubmit the bill on April 1 to help Trump shape the image of a "crypto-friendly president."The bill aims to limit the Department of Labor's regulation of 401(k) investment options, first proposed in 2022, and was co-sponsored by Wyoming Senator Cynthia Lummis in 2023. This move comes as the Republican-led Congress pushes for legislation on cryptocurrency market structure and stablecoin regulation, with supporters hoping to submit it for presidential approval before the August recess.

ChainCatcher news, Li Bin, Deputy Director of the State Administration of Foreign Exchange, recently stated at the Boao Forum for Asia sub-forum on "Finding Currency and Financial Stability in an Unstable World" that the State Administration of Foreign Exchange is highly concerned about the impact of the digital renminbi on the transmission of monetary policy and capital flows. It is also highly concerned about the use of virtual currencies for illegal cross-border fund transfers and is working to enhance its identification and monitoring capabilities in this area.

ChainCatcher News, U.S. Representatives Tom Emmer and Darren Soto have reintroduced the "Securities Clarity Act," aimed at clarifying the legal distinction between crypto assets and securities contracts, providing a compliance pathway for innovative projects. The bill has received support from Coin Center, the Blockchain Association, and others, and is seen as an important prelude to legislation on the structure of the U.S. crypto market. The bill emphasizes that "investment contract assets" should be distinct from the securities issuance to which they were originally attached, laying the legal groundwork for the reclassification of digital assets as commodities after decentralization.

ChainCatcher news, Zhao Changpeng posted on social media stating, "I know I'm not that smart. When I don't understand something, I will admit it, and I often feel that those impressive people must have some tricks that I don't know to achieve what I can't. But occasionally, I find that the most basic rules still apply."It is worth noting that Zhao Changpeng's tweet referenced a previous tweet stating "DEX is not as good as CEX." In this regard, Zhao Changpeng specifically explained that to avoid confusion, this tweet is unrelated to the HL incident. It was about his previous experience trying out AstherusHub on the BSC chain, which is a project in the Labs portfolio. They do not display liquidation prices and use an automatic deleveraging mechanism (ADL), so issues similar to today's will not occur.

ChainCatcher news, the Financial Intelligence Unit (FIU) of South Korea announced that starting from March 25, it will implement domestic access restrictions on the Google Play platform applications of 17 overseas virtual asset service providers (VASP) that are not registered in South Korea, including KuCoin, MEXC, etc. This means that users will not be able to install the relevant applications anew, and existing users will also be unable to update.

ChainCatcher news reports that, according to 4E monitoring, Trump may ease tariff plans, somewhat alleviating market anxiety over a full-blown trade war, supporting the continued rebound of U.S. stocks. On Tuesday, the three major U.S. stock indices rose slightly, continuing Monday's gains. The S&P 500 rose by 0.16%, the Dow Jones increased by 0.01%, and the Nasdaq gained 0.46%. Most large tech stocks were up, with Tesla rising over 3% for five consecutive days, accumulating a total increase of 28%.The cryptocurrency market is fluctuating upward, with Bitcoin retreating after reaching a high of $88,765 on Monday, and last night it broke through $88,000 again, showing strong upward momentum. As of the time of writing, it has slightly retreated, hovering above $87,000, with a 24-hour increase narrowing to 0.8%. Most sectors in the market are rising, with the Meme sector continuing to perform strongly. Current market sentiment is optimistic; historically, risk assets tend to perform best in the second quarter, especially in April each year.In the forex and commodities sector, the latest economic data showed weakness, causing the dollar index to turn down after reaching a nearly three-week high, ending a four-day winning streak; oil prices fell slightly due to the impact of the Russia-Ukraine agreement; with a poor economic outlook, spot gold rose by 0.31%, reversing a trend of three consecutive days of decline.The U.S. Consumer Confidence Index for March, released last night, fell below expectations, dropping to its lowest level in four years, reflecting consumer concerns about the economic outlook. The disappointing data significantly slowed the upward momentum of U.S. stocks, with the three major indices narrowly maintaining their gains. As the April 2 effective date for reciprocal tariffs approaches, the market is closely watching how related policies will affect economic growth and inflation.

ChainCatcher news, after ZachXBT questioned Crypto.com about the reissuance of 70 billion CRO tokens that had been previously destroyed, Crypto.com CEO Kris blocked ZachXBT on social media, to which ZachXBT responded, "The truth is heartbreaking."Previous news, on-chain detective ZachXBT stated that the Crypto.com team recently reissued 70 billion CRO tokens that were promised to be "permanently destroyed" in 2021, accounting for 70% of the total supply. This move severely violates community consensus, as the team controls the majority of the token circulation.ZachXBT criticized this behavior as akin to fraud and questioned why Truth still chose to cooperate with them instead of other platforms like Coinbase or Kraken.

ChainCatcher news, on-chain detective ZachXBT posted that the Crypto.com team recently reissued 70 billion CRO tokens, which were previously promised to be "permanently destroyed" in 2021, accounting for 70% of the total supply. This move seriously violates community consensus, as the team controls the majority of the token circulation.ZachXBT criticized this behavior as akin to fraud and questioned why Truth still chooses to cooperate with them instead of other platforms like Coinbase or Kraken.Previous news, Trump Media & Technology Group (TMTG) announced that it has reached a preliminary cooperation intention with the crypto trading platform Crypto.com, planning to jointly launch a series of ETFs and related products through its fintech brand Truth.Fi, expected to be officially launched in 2025, pending the signing of a final agreement and regulatory approval.

ChainCatcher news, according to South Korea's Economic TV, the Bank of Korea has clearly stated that it has "never considered including Bitcoin in its foreign exchange reserves." In response to written inquiries from National Assembly member and Planning and Finance Committee member Cha Gyu-geun on the 16th, the Bank of Korea stated, "We believe it is necessary to approach the issue of including Bitcoin in foreign exchange reserves with caution."This is the first time the Bank of Korea has expressed its position on the issue of Bitcoin reserves, and the primary reason for its negative stance is the high volatility of Bitcoin prices. In this regard, the Bank of Korea pointed out, "If the virtual asset market becomes unstable, there is a risk that the transaction costs of Bitcoin may increase sharply during the liquidation process. We believe that Bitcoin also does not meet the International Monetary Fund (IMF) standards for foreign exchange reserve calculations. To date, we have never discussed or considered including Bitcoin in our foreign exchange reserves." The Bank of Korea added, "As far as we know, some countries like the Czech Republic and Brazil hold a positive attitude towards this, but the European Central Bank (ECB), the Swiss National Bank, and the Japanese government have all expressed opposition."

According to ChainCatcher news, as reported by Cointelegraph, U.S. Senator Cynthia Lummis has reintroduced the Bitcoin bill (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025) in the 119th Congress, which will allow the U.S. government to hold over 1 million bitcoins.The bill was originally proposed in July 2024, requiring the U.S. government to purchase 200,000 bitcoins annually over five years, funded by adjustments to existing funds from the Federal Reserve and the Treasury. After this revision, the U.S. government can hold additional bitcoins through legal means (including civil or criminal forfeiture, donations, or transfers from federal agencies). Additionally, BTC voluntarily deposited by states into strategic bitcoin reserves will be held in separate accounts.Furthermore, the new bill introduces a formal assessment process for bitcoin fork assets and airdrop assets. The original bill required all fork assets to be held in the national bitcoin reserve for at least five years, and they could not be sold or disposed of without legal authorization. The revised bill allows the Secretary of the Treasury to evaluate and retain the most valuable fork assets based on market value after the mandatory holding period ends, while ensuring that the reserves continue to hold "dominant assets."

ChainCatcher news, according to The Block, Standard Chartered's Head of Digital Assets Research Geoff Kendrick stated that the recent decline in Bitcoin's price is primarily influenced by the pressure from broader risk assets, rather than issues within the cryptocurrency itself. "From a volatility-adjusted basis, Bitcoin's performance is highly correlated with the 'seven tech stocks plus Bitcoin' portfolio," Kendrick noted in an email on Tuesday, "Tesla performed the worst, while Meta and Apple performed the best, with the rest being similar to Bitcoin."Kendrick believes that Bitcoin's rebound will depend on two main catalysts: a recovery in risk assets overall or Bitcoin-specific positive news (such as sovereign purchases). He pointed out that clearer tariff policies or a rapid rate cut by the Federal Reserve would help boost the market, "the probability of a rate cut in the May meeting rising from the current 50% to 75% could trigger a rebound." Although Bitcoin may quickly test the $69,000 support level if it falls below $76,500 in the short term, he still maintains a target forecast of $200,000 by the end of 2025.Next week's Federal Reserve interest rate decision will be a significant test for Bitcoin. Rohit Jain, Managing Director of CoinDCX Ventures, stated that if the Federal Reserve maintains the current interest rates as expected, it could lead to Bitcoin testing the $70,000 support level.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, U.S. Senate Banking Committee digital assets subcommittee chair Cynthia Lummis announced that she will jointly reintroduce the Bitcoin Act in the Senate with West Virginia Republican Senator Jim Justice.

ChainCatcher news, according to The Block, European Stability Mechanism (ESM) President Pierre Gramegna stated at a press conference following the Eurogroup meeting on Monday that the support for cryptocurrencies by the U.S. government under President Trump could undermine Europe's monetary sovereignty.Gramegna said: "The U.S. government's supportive stance on cryptocurrencies, especially dollar-denominated stablecoins, may raise certain concerns in Europe. U.S. support could ultimately lead to American and foreign tech giants launching popular payment solutions based on dollar stablecoins—its success could undermine Europe's monetary sovereignty and financial stability. The ESM supports the European Central Bank's efforts to realize a digital euro to maintain Europe's strategic autonomy. Today, digitizing Europe is more necessary than ever."It is reported that the ESM is an intergovernmental institution that provides financial assistance to member countries facing financial crises, aiming to maintain the long-term financial stability of the eurozone.

ChainCatcher news, according to the Wen Wei Po report, Hong Kong Legislative Council member Wu Jiezhuang stated that he suggested promoting the establishment of a unified blockchain trading and settlement platform for licensed virtual asset trading platforms in Hong Kong, facilitating 24/7 uninterrupted trading through the tokenization of physical assets. He pointed out that to address the bottlenecks in the development of the digital economy, such as financing difficulties for small and medium-sized enterprises in the mainland and inefficiencies in cross-border transactions, he proposed setting up a digital asset foreign exchange fund in Hong Kong to provide digital asset collateral financing for small and medium-sized enterprises in the Greater Bay Area, while also promoting financial circulation in the Greater Bay Area.

ChainCatcher news, according to Jinshi reports, the AI Agent product Manus' official X account has been unfrozen. The official account of ManusAI (ManusAI_HQ) stated, "We are back, just a reminder, this is our only official account, and we will continue to share cool use cases, stay tuned."Manus' Chief Scientist and Co-founder Ji Yichao also announced this news promptly and reiterated, "Manus has never participated in any cryptocurrency projects, token issuances, or blockchain launches. Any virtual currency with a similar name claiming to be related to us is false."