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On April 2, Iranian President Ebrahim Raisi delivered a speech on April 1, local time, regarding the Islamic Republic Day of Iran, emphasizing the reliance on popular support to defend the country's independence, security, and development. In his address, he stated that Islamic Republic Day is a clear manifestation of the Iranian people's desire for independence, dignity, and rejection of any aggression. The Iranian people will unite and steadfastly defend the nation's sovereignty and territorial integrity. (CCTV News)

[Iranian President Emphasizes Defense of National Independence and Security]On April 2, Iranian President Ebrahim Raisi delivered a speech on April 1, local time, regarding the Islamic Republic Day of Iran, emphasizing the reliance on popular support to defend the country's independence, security, and development. In his address, he stated that Islamic Republic Day is a clear manifestation of the Iranian people's desire for independence, dignity, and rejection of any aggression. The Iranian people will unite and steadfastly defend the nation's sovereignty and territorial integrity. (CCTV News)

Iranian President Emphasizes Defense of National Independence and Security

On April 2, the Iranian military announced that it has recently conducted multiple drone strikes targeting the infrastructure of Israel's Rafael Advanced Defense Systems, including weapon production and research and development centers. The attacks reportedly caused fires and damage. Rafael is one of Israel's major defense companies, focusing on the development of high-precision defense systems, with its flagship product being the Iron Dome air defense system. (CCTV News)

[Iranian Military Targets Israeli Defense Company]On April 2, the Iranian military announced that it has recently conducted multiple drone strikes targeting the infrastructure of Israel's Rafael Advanced Defense Systems, including weapon production and research and development centers. The attacks reportedly caused fires and damage. Rafael is one of Israel's major defense companies, focusing on the development of high-precision defense systems, with its flagship product being the Iron Dome air defense system. (CCTV News)

Iranian Military Targets Israeli Defense Company

On April 2, the Deputy Director of Communications and News for the Iranian President's Office emphasized via social media on April 1 that Iran has made 'no change in its position' regarding defending national security, responding to external aggression, and ending the current conflict. Iran will not pay attention to the 'illusions and lies' of the United States and Israel. The Iranian people will defend national sovereignty with a firm and united attitude. (CCTV News)

[Iran Emphasizes Ignoring US and Israeli 'Illusions and Lies']On April 2, the Deputy Director of Communications and News for the Iranian President's Office emphasized via social media on April 1 that Iran has made 'no change in its position' regarding defending national security, responding to external aggression, and ending the current conflict. Iran will not pay attention to the 'illusions and lies' of the United States and Israel. The Iranian people will defend national sovereignty with a firm and united attitude. (CCTV News)

Iran Emphasizes Ignoring US and Israeli 'Illusions and Lies'

On April 2, the U.S. Treasury officially launched the implementation of the stablecoin innovation 'GENIUS Act' by releasing a proposed rulemaking notice, marking the first regulatory framework for the act, consisting of 87 pages, with a 60-day public comment period. According to the 'GENIUS Act', issuers of payment stablecoins with a total issuance not exceeding $10 billion may choose to accept state-level regulatory systems, provided that the state's regulatory framework is 'substantially similar' to the federal regulatory framework. The U.S. Treasury will establish broad principles for determining 'substantial similarity' through this notice.

[U.S. Treasury Implements Stablecoin 'GENIUS Act', Issuers Under $10 Billion Can Opt for State Regulation]On April 2, the U.S. Treasury officially launched the implementation of the stablecoin innovation 'GENIUS Act' by releasing a proposed rulemaking notice, marking the first regulatory framework for the act, consisting of 87 pages, with a 60-day public comment period. According to the 'GENIUS Act', issuers of payment stablecoins with a total issuance not exceeding $10 billion may choose to accept state-level regulatory systems, provided that the state's regulatory framework is 'substantially similar' to the federal regulatory framework. The U.S. Treasury will establish broad principles for determining 'substantial similarity' through this notice.

U.S. Treasury Implements Stablecoin 'GENIUS Act', Issuers Under $10 Billion Can Opt for State Regulation

HTX data showed that BTC broke through 69000  USDT and is now at 69017.25 USDT, with a increase of 1.78% in 24H.

[BTC broke through 69000  USDT] HTX data showed that BTC broke through 69000  USDT and is now at 69017.25 USDT, with a increase of 1.78% in 24H.

BTC broke through 69000  USDT

On April 2, the U.S. Securities and Exchange Commission (SEC) announced the approval of a rule change allowing NYSE American to list options on multi-cryptocurrency commodity trusts. Previously, only options on single crypto asset commodity trusts were permitted, but this has now been expanded to support options on trusts holding multiple crypto assets. The prerequisites for listing are that each crypto asset held by the trust must individually meet high liquidity standards—having an average daily market value of at least $700 million over the past 12 months—and the derivative contracts of that crypto asset must be under a comprehensive surveillance sharing agreement with the trading platform. Trust shares must comply with the initial and ongoing listing standards for ETF options set by the trading platform and must be classified as NMS stocks. After review, the SEC concluded that this rule change would provide investors with greater exposure to and hedging tools for crypto assets without the need for additional SEC approval each time, thereby enhancing market efficiency.

[SEC Approves NYSE American Listing of Multi-Crypto Asset Trust Options]On April 2, the U.S. Securities and Exchange Commission (SEC) announced the approval of a rule change allowing NYSE American to list options on multi-cryptocurrency commodity trusts. Previously, only options on single crypto asset commodity trusts were permitted, but this has now been expanded to support options on trusts holding multiple crypto assets. The prerequisites for listing are that each crypto asset held by the trust must individually meet high liquidity standards—having an average daily market value of at least $700 million over the past 12 months—and the derivative contracts of that crypto asset must be under a comprehensive surveillance sharing agreement with the trading platform. Trust shares must comply with the initial and ongoing listing standards for ETF options set by the trading platform and must be classified as NMS stocks. After review, the SEC concluded that this rule change would provide investors with greater exposure to and hedging tools for crypto assets without the need for additional SEC approval each time, thereby enhancing market efficiency.

SEC Approves NYSE American Listing of Multi-Crypto Asset Trust Options

On April 2, according to monitoring by Lookonchain, Bitcoin mining company Riot Platforms is suspected of having sold 500 Bitcoins two hours ago, valued at $34.13 million.

[Riot Platforms Suspected of Selling 500 Bitcoins Worth $34.13 Million]On April 2, according to monitoring by Lookonchain, Bitcoin mining company Riot Platforms is suspected of having sold 500 Bitcoins two hours ago, valued at $34.13 million.

Riot Platforms Suspected of Selling 500 Bitcoins Worth $34.13 Million

On April 2, U.S. officials stated that Trump will reiterate the timeline for withdrawal from Iran in 2 to 3 weeks during an upcoming speech and will commend the 'achievements' made in Iran. According to White House Press Secretary Levitt, President Trump will deliver a national address tomorrow evening at 9 PM Eastern Time (9 AM Beijing Time on Thursday) to provide important updates on the situation in Iran.

[U.S. Officials: Trump to Reiterate Timeline for Withdrawal from Iran in 2 to 3 Weeks]On April 2, U.S. officials stated that Trump will reiterate the timeline for withdrawal from Iran in 2 to 3 weeks during an upcoming speech and will commend the 'achievements' made in Iran. According to White House Press Secretary Levitt, President Trump will deliver a national address tomorrow evening at 9 PM Eastern Time (9 AM Beijing Time on Thursday) to provide important updates on the situation in Iran.

U.S. Officials: Trump to Reiterate Timeline for Withdrawal from Iran in 2 to 3 Weeks

On April 2, Russian Foreign Minister Lavrov stated that if relevant parties wish for Russia to play a mediating role in the Iran issue, Russia is willing to provide assistance. (CCTV News)

[Russian Foreign Minister: Russia Willing to Assist if Viewed as Mediator in Iran Issue]On April 2, Russian Foreign Minister Lavrov stated that if relevant parties wish for Russia to play a mediating role in the Iran issue, Russia is willing to provide assistance. (CCTV News)

Russian Foreign Minister: Russia Willing to Assist if Viewed as Mediator in Iran Issue

Financial regulators around the world are looking to tighten their control over crypto markets, especially after a turbulent year for digital asset prices and marketplaces. Although regulators can tell crypto companies and even investors how to behave, they don’t actually make the laws that could inform their regulations.
To address this shortfall, the U.K. government has entrusted an independent body made up of high court judges, lawyers and law professors to study the crypto space and recommend ways to govern it.
The Law Commission for England and Wales, funded by the U.K. Ministry of Justice, is running multiple projects focused on the crypto space to determine the best ways to treat Web3 developments like decentralized autonomous organizations (DAO) and digital assets under new or existing laws.
A Law Commission project completed last November found the existing law of contract in England and Wales can be applied to smart contracts that underlie crypto transactions. It is also working on a conflict of laws project, exploring how to determine which courts should handle digital asset disputes because of their global nature. Recently, the body published a paper for consultation on its view that crypto should be treated as personal property to make it easier for investors to recover losses if they have their funds stolen or lost.

Detail

【UK government sets up independent body to study the best way to treat Web3 developments】Financial regulators around the world are looking to tighten their control over crypto markets, especially after a turbulent year for digital asset prices and marketplaces. Although regulators can tell crypto companies and even investors how to behave, they don’t actually make the laws that could inform their regulations.
To address this shortfall, the U.K. government has entrusted an independent body made up of high court judges, lawyers and law professors to study the crypto space and recommend ways to govern it.
The Law Commission for England and Wales, funded by the U.K. Ministry of Justice, is running multiple projects focused on the crypto space to determine the best ways to treat Web3 developments like decentralized autonomous organizations (DAO) and digital assets under new or existing laws.
A Law Commission project completed last November found the existing law of contract in England and Wales can be applied to smart contracts that underlie crypto transactions. It is also working on a conflict of laws project, exploring how to determine which courts should handle digital asset disputes because of their global nature. Recently, the body published a paper for consultation on its view that crypto should be treated as personal property to make it easier for investors to recover losses if they have their funds stolen or lost.

UK government sets up independent body to study the best way to treat Web3 developments

Article

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UK government sets up independent body to study the best way to treat Web3 developments

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