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On April 1, OSL Group, a global stablecoin payment and trading platform, announced its annual performance for the year ending December 31, 2025. The company's core operating revenue reached HKD 534 million, a year-on-year increase of 150.1%. Total revenue amounted to HKD 489 million, marking a historic high with a year-on-year growth of 30.4%. The platform's total trading volume was HKD 201.22 billion, up 200.7% compared to the previous year. By region, Hong Kong accounted for 33% of revenue, while overseas contributed 67%.

[OSL Reports Record 2025 Annual Performance: Total Revenue Up 30.4% to HKD 489 Million]On April 1, OSL Group, a global stablecoin payment and trading platform, announced its annual performance for the year ending December 31, 2025. The company's core operating revenue reached HKD 534 million, a year-on-year increase of 150.1%. Total revenue amounted to HKD 489 million, marking a historic high with a year-on-year growth of 30.4%. The platform's total trading volume was HKD 201.22 billion, up 200.7% compared to the previous year. By region, Hong Kong accounted for 33% of revenue, while overseas contributed 67%.

OSL Reports Record 2025 Annual Performance: Total Revenue Up 30.4% to HKD 489 Million

On April 1, a federal district court judge in Washington D.C., Richard Leon, ordered the Trump administration to suspend the White House banquet hall renovation project until congressional authorization is obtained. In his opinion, Leon wrote: "The President of the United States is the steward of the White House, overseeing it on behalf of future first families; however, he is not the owner of the White House." The National Trust for Historic Preservation filed a lawsuit against President Trump and several federal agencies on December 12, claiming that the ongoing renovation project is illegal. (Xinhua News Agency)

[US Judge Halts White House Banquet Hall Renovation Project]On April 1, a federal district court judge in Washington D.C., Richard Leon, ordered the Trump administration to suspend the White House banquet hall renovation project until congressional authorization is obtained. In his opinion, Leon wrote: "The President of the United States is the steward of the White House, overseeing it on behalf of future first families; however, he is not the owner of the White House." The National Trust for Historic Preservation filed a lawsuit against President Trump and several federal agencies on December 12, claiming that the ongoing renovation project is illegal. (Xinhua News Agency)

US Judge Halts White House Banquet Hall Renovation Project

On April 1, the Enforcement Director of the U.S. Commodity Futures Trading Commission (CFTC) stated that combating insider trading using improper information in prediction markets, addressing energy market manipulation, retail fraud, and anti-money laundering violations are our priorities.

[CFTC Enforcement Director: Combating Insider Trading in Prediction Markets]On April 1, the Enforcement Director of the U.S. Commodity Futures Trading Commission (CFTC) stated that combating insider trading using improper information in prediction markets, addressing energy market manipulation, retail fraud, and anti-money laundering violations are our priorities.

CFTC Enforcement Director: Combating Insider Trading in Prediction Markets

On April 1, President Trump stated that Powell must leave the position of Federal Reserve Chair as soon as possible.

[Trump: Powell Must Leave the Fed Chair Position Soon]On April 1, President Trump stated that Powell must leave the position of Federal Reserve Chair as soon as possible.

Trump: Powell Must Leave the Fed Chair Position Soon

On April 1, U.S. President Donald Trump stated that he expects the United States to end its war with Iran within two to three weeks, suggesting that the U.S. has largely achieved its military objectives and will leave the resolution of the Strait of Hormuz issue to other countries. Trump told reporters at the White House on Tuesday, "I would say within two weeks, maybe two weeks, maybe three weeks. We will be leaving because we have no reason to continue doing this." Trump hinted that there is still a possibility for an agreement with Iran during this period. He said, "We are finishing the job, and I think in about two weeks, maybe a few more days, we will complete the work, but we want to destroy everything they have. Now, we might reach an agreement before that, because we are targeting bridges — we have already hit some, and we have a few good bridges in mind. But it would be great if they are willing to come to the negotiating table." Trump also stated that the U.S. could end the war without reaching an agreement with Iran. "When we feel they are forced back to the Stone Age and unable to produce nuclear weapons, we will leave, whether or not we reach an agreement."

[Trump Claims U.S. Will End War with Iran in Two to Three Weeks]On April 1, U.S. President Donald Trump stated that he expects the United States to end its war with Iran within two to three weeks, suggesting that the U.S. has largely achieved its military objectives and will leave the resolution of the Strait of Hormuz issue to other countries. Trump told reporters at the White House on Tuesday, "I would say within two weeks, maybe two weeks, maybe three weeks. We will be leaving because we have no reason to continue doing this." Trump hinted that there is still a possibility for an agreement with Iran during this period. He said, "We are finishing the job, and I think in about two weeks, maybe a few more days, we will complete the work, but we want to destroy everything they have. Now, we might reach an agreement before that, because we are targeting bridges — we have already hit some, and we have a few good bridges in mind. But it would be great if they are willing to come to the negotiating table." Trump also stated that the U.S. could end the war without reaching an agreement with Iran. "When we feel they are forced back to the Stone Age and unable to produce nuclear weapons, we will leave, whether or not we reach an agreement."

Trump Claims U.S. Will End War with Iran in Two to Three Weeks

On April 1, Charles Hoskinson, the founder of Cardano, expressed strong concerns regarding the U.S. Digital Asset Market CLARITY Act, suggesting that the legislation could have long-term negative impacts on implementation, political risks, and industry structure. Hoskinson stated that even if the bill passes, it may require up to 15 years for rule-making and implementation, leading to prolonged stagnation in the industry amidst uncertainty. He pointed out that the current political climate in the U.S. (especially following the FTX incident) has tightened regulations, with new projects potentially being defaulted as securities, thereby stifling innovation. He further warned that the act could be 'weaponized' by future administrations as a political tool, with different parties potentially using its provisions to target specific projects or industry participants. Additionally, Hoskinson criticized the act for its complex design and overly 'American-centric' approach, neglecting global regulatory coordination while focusing too much on peripheral issues like stablecoin yields, failing to address the core problems of the industry. He believes that this structural design may actually benefit established projects (such as Cardano, XRP, and Ethereum) while imposing higher barriers for newcomers, further exacerbating the trend of industry centralization.

[Cardano Founder: Clarity Act May Be 'Weaponized' to Stifle Industry Innovation]On April 1, Charles Hoskinson, the founder of Cardano, expressed strong concerns regarding the U.S. Digital Asset Market CLARITY Act, suggesting that the legislation could have long-term negative impacts on implementation, political risks, and industry structure. Hoskinson stated that even if the bill passes, it may require up to 15 years for rule-making and implementation, leading to prolonged stagnation in the industry amidst uncertainty. He pointed out that the current political climate in the U.S. (especially following the FTX incident) has tightened regulations, with new projects potentially being defaulted as securities, thereby stifling innovation. He further warned that the act could be 'weaponized' by future administrations as a political tool, with different parties potentially using its provisions to target specific projects or industry participants. Additionally, Hoskinson criticized the act for its complex design and overly 'American-centric' approach, neglecting global regulatory coordination while focusing too much on peripheral issues like stablecoin yields, failing to address the core problems of the industry. He believes that this structural design may actually benefit established projects (such as Cardano, XRP, and Ethereum) while imposing higher barriers for newcomers, further exacerbating the trend of industry centralization.

Cardano Founder: Clarity Act May Be 'Weaponized' to Stifle Industry Innovation

On April 1, Twitter founder Jack Dorsey and Roelof Botha co-authored a lengthy essay titled "From Hierarchy to Intelligence," which outlines how replacing human hierarchical coordination with AI will become a common model for future organizations, effectively ending a 2,000-year reliance on hierarchy. The core points are as follows: For over 2,000 years, organizational design has been based on hierarchical structures, which originated from the military and industrial eras and are primarily limited by the human 'span of control,' typically managing only 3-8 people effectively. Hierarchy essentially acts as an 'information routing protocol,' but significantly slows down information flow and decision-making as levels increase. Block is attempting to completely replace the function of human hierarchical coordination with AI, transforming the company from a 'hierarchical organization' to a 'company built as an intelligent agent.' Value will shift from hierarchy to intelligence, with human roles pushed to the 'periphery,' responsible for confronting reality, intuition, and ethics, while AI takes charge of coordination, alignment, and proactive decision-making. The essay proposes using AI to build two key world models to replace middle management: the Company World Model, which continuously captures the internal operational status of the company based on various decision records, codes, documents, etc., generated from remote work; and the Customer World Model, which forms a deep understanding of customers' real economic conditions based on actual transaction data from Cash App, Square, etc. (Block believes that money is the most honest signal).

[Jack Dorsey's New Essay: Replacing Hierarchical Coordination with AI to Reshape Human Organizational Structures]On April 1, Twitter founder Jack Dorsey and Roelof Botha co-authored a lengthy essay titled "From Hierarchy to Intelligence," which outlines how replacing human hierarchical coordination with AI will become a common model for future organizations, effectively ending a 2,000-year reliance on hierarchy. The core points are as follows: For over 2,000 years, organizational design has been based on hierarchical structures, which originated from the military and industrial eras and are primarily limited by the human 'span of control,' typically managing only 3-8 people effectively. Hierarchy essentially acts as an 'information routing protocol,' but significantly slows down information flow and decision-making as levels increase. Block is attempting to completely replace the function of human hierarchical coordination with AI, transforming the company from a 'hierarchical organization' to a 'company built as an intelligent agent.' Value will shift from hierarchy to intelligence, with human roles pushed to the 'periphery,' responsible for confronting reality, intuition, and ethics, while AI takes charge of coordination, alignment, and proactive decision-making. The essay proposes using AI to build two key world models to replace middle management: the Company World Model, which continuously captures the internal operational status of the company based on various decision records, codes, documents, etc., generated from remote work; and the Customer World Model, which forms a deep understanding of customers' real economic conditions based on actual transaction data from Cash App, Square, etc. (Block believes that money is the most honest signal).

Jack Dorsey's New Essay: Replacing Hierarchical Coordination with AI to Reshape Human Organizational Structures

On April 1, Federal Reserve Governor Michael Barr stated that the development of stablecoins must be built on strict regulation, warning that without effective constraints, the long history of 'private currencies causing problems' could repeat itself. In his remarks, Barr pointed out that although the 'GENIUS Stablecoin Act' has provided an initial regulatory framework for the industry, the key lies in subsequent enforcement, including ongoing monitoring of reserve assets and mechanisms to prevent illegal uses. He emphasized that stablecoins can only be truly considered 'stable' if they can maintain par value redemption under various market conditions. The liquidity and safety of reserve assets are particularly critical during market pressures or heightened risks from issuers. Additionally, Barr noted that stablecoin issuers have an incentive to increase yields for profit, which may lead them to take on higher risks in managing reserve assets, potentially posing a threat to financial stability. Currently, the regulatory issues surrounding stablecoins remain one of the significant points of divergence in U.S. cryptocurrency legislation, also affecting the progress of related bills to some extent.

[Fed's Barr Warns of Stablecoin Risks, Emphasizes Need for Enhanced Regulation and Reserve Scrutiny]On April 1, Federal Reserve Governor Michael Barr stated that the development of stablecoins must be built on strict regulation, warning that without effective constraints, the long history of 'private currencies causing problems' could repeat itself. In his remarks, Barr pointed out that although the 'GENIUS Stablecoin Act' has provided an initial regulatory framework for the industry, the key lies in subsequent enforcement, including ongoing monitoring of reserve assets and mechanisms to prevent illegal uses. He emphasized that stablecoins can only be truly considered 'stable' if they can maintain par value redemption under various market conditions. The liquidity and safety of reserve assets are particularly critical during market pressures or heightened risks from issuers. Additionally, Barr noted that stablecoin issuers have an incentive to increase yields for profit, which may lead them to take on higher risks in managing reserve assets, potentially posing a threat to financial stability. Currently, the regulatory issues surrounding stablecoins remain one of the significant points of divergence in U.S. cryptocurrency legislation, also affecting the progress of related bills to some extent.

Fed's Barr Warns of Stablecoin Risks, Emphasizes Need for Enhanced Regulation and Reserve Scrutiny

On April 1, Japanese industrial company MHI Group announced the adoption of JPMorgan's blockchain technology to enable instant cross-border transfers.

[MHI Group Adopts JPMorgan's Blockchain Technology for Instant Cross-Border Transfers]On April 1, Japanese industrial company MHI Group announced the adoption of JPMorgan's blockchain technology to enable instant cross-border transfers.

MHI Group Adopts JPMorgan's Blockchain Technology for Instant Cross-Border Transfers

According to The Block, Elon Musk became the sole director of Twitter after all other directors were kicked to the curb following his purchase of the social media giant. Effective at the time of Musk’s takeover, former directors let go included Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou, according to a filing with the U.S. Securities and Exchange Commission detailing terms of the material agreement for the $44 billion deal.

Detail

【Elon Musk takes sole control of Twitter】According to The Block, Elon Musk became the sole director of Twitter after all other directors were kicked to the curb following his purchase of the social media giant. Effective at the time of Musk’s takeover, former directors let go included Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou, according to a filing with the U.S. Securities and Exchange Commission detailing terms of the material agreement for the $44 billion deal.

Elon Musk takes sole control of Twitter

Article

Fed's Williams: Current Monetary Policy Adequate to Address Short-Term Inflation Risks

Fed's Rate Hold Probability in April at 97.4%

Zelensky: Long-Term War in Iran Will Benefit Russia, Challenges Ahead for Ukraine's Weapon Supply

Iran's First Vice President Warns U.S.: Troops Sent to Khark Island Will Not Return

Iranian Parliament Approves Toll Bill for the Strait of Hormuz

Elon Musk takes sole control of Twitter

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