A Kentucky bill (HB380) aimed at regulating crypto ATMs has sparked controversy due to its new provisions concerning hardware wallets, with critics arguing that the regulation could "effectively ban self-custody." Originally targeting cryptocurrency self-service terminal operators, the bill covered licensing, compliance requirements, transaction limits, and user protection. However, the latest revisions require hardware wallet providers to "provide mechanisms to assist users in resetting access credentials," including passwords, PINs, and mnemonic phrases. Industry insiders point out that this requirement conflicts with the core design of non-custodial wallets. Since private keys and mnemonic phrases are only controlled by the user, wallet manufacturers cannot access or recover this information, making the provision technically difficult to implement. Organizations such as the Bitcoin Policy Institute state that such provisions are tantamount to creating a "backdoor" for wallets, weakening the security of crypto assets and potentially forcing users to switch to centralized custody services. The bill still needs to pass the state Senate review, and the relevant provisions may still be modified or deleted.

Crypto custodian Anchorage Digital announced the launch of its collateral management service on its institutional platform, Atlas, further expanding its institutional credit infrastructure. The service supports 24/7 real-time monitoring of collateralized assets and offers features such as automatic margin calls. It is applicable to various digital asset collateral scenarios, including mortgage loans, convertible bonds, OTC derivatives, structured products, and warehouse financing. Collateral management primarily refers to the management, monitoring, and risk control of assets used as collateral in financial transactions. Anchorage stated that its solution stores collateralized assets in a **regulated, segregated, and bankruptcy-remote** custodian system to enhance security. Furthermore, Anchorage will act as a "triparty agent," handling operational and management processes between the transacting parties, thereby reducing the operational complexity and risk for institutions in their lending operations. CEO Nathan McCauley stated that as the institutional credit market continues to evolve, this service will provide institutions with a more comprehensive risk management infrastructure.

Israeli Prime Minister Benjamin Netanyahu, answering questions from the media at a press conference on the 19th, stated that Israel had "solely" launched airstrikes on Iranian gas fields and that Israel would "comply" with US President Trump's demand to "suspend" further airstrikes on energy facilities. Earlier that day, Trump, answering questions from the media at the White House, stated that he had told Netanyahu not to attack energy facilities inside Iran.

A bipartisan group of U.S. senators has introduced legislation aimed at enforcing mandatory price reporting for fertilizers. Bloomberg posted on X that the proposed bill seeks to enhance transparency in the agricultural sector by requiring detailed price disclosures from fertilizer producers. The senators argue that this measure will help farmers make informed decisions and potentially reduce costs. The bill reflects ongoing concerns about the volatility of fertilizer prices and their impact on farming operations. The initiative is part of broader efforts to address agricultural challenges and support the farming community.

The FBI has issued a warning about fake tokens impersonating the FBI appearing on the Tron network, urging users to be vigilant. The FBI's New York office stated on social media that users should be cautious if they receive tokens claiming to be from the FBI in their wallets and should never provide any personally identifiable information to such websites. According to disclosed information, these scams typically operate based on the TRC-20 token standard. Attackers send so-called "FBI tokens" to users' wallets, threatening to freeze assets under the pretext of suspected anti-money laundering (AML) violations, and then tricking users into submitting sensitive information, thus carrying out a phishing attack. The FBI also advises users to report any suspicious activity through its Internet Crime Complaint Center (IC3). The number of users affected is currently unknown.

The United Arab Emirates (UAE) has announced the dismantling of a terror network allegedly funded and directed by Hezbollah and Iran. According to Jin10, the UAE authorities have taken action against the group, which was reportedly involved in activities threatening regional stability. The network's operations were said to be orchestrated with support from Hezbollah, a Lebanese militant group, and Iran, raising concerns about the influence of these entities in the region. The UAE's move underscores its commitment to combating terrorism and maintaining security within its borders. Further details about the operation and the individuals involved have not been disclosed.

Circle has announced that banks are increasingly considering stablecoins as a fundamental part of their infrastructure strategy. According to NS3.AI, this shift comes as 24-hour payment systems begin to integrate with traditional financial systems. Circle emphasized that regulatory frameworks are playing a crucial role in driving the adoption of stablecoins, transitioning tokenized money from pilot projects into operational planning.

According to Jin10, CME's FedWatch tool indicates a 7.2% probability of a 25 basis point rate hike by the Federal Reserve in April. The likelihood of maintaining the current interest rate stands at 92.8%. Looking ahead to June, the probability of a cumulative 25 basis point increase is 9.2%, while the chance of a 50 basis point hike is just 0.2%. The probability of rates remaining unchanged by June is 90.6%.

John Chirico, a prominent figure in the banking industry, is retiring from his role as global investment banking chair at Citi. Bloomberg posted on X, highlighting Chirico's extensive career, during which he managed major clients such as Verizon, Tesla, and SpaceX. His departure marks the end of a significant era for Citi, where he played a crucial role in handling top-tier clients and contributing to the bank's global investment banking operations. Chirico's retirement is seen as a notable transition for the institution, reflecting his impactful tenure and the relationships he fostered with key corporate clients over the years.

Non-US currencies strengthened across the board, putting pressure on the US dollar index, which fell more than 1% in late New York trading on Thursday. This week saw a rare "super central bank week," with central banks in the US, Japan, the UK, Canada, and the Eurozone holding policy meetings, as well as several emerging economies. On Wednesday, the Federal Reserve and the Bank of Canada both decided to keep interest rates unchanged; on Thursday, the Bank of Japan, the Bank of England, the European Central Bank, and the central banks of Switzerland and Sweden made the same decision. These central banks made it clear they would remain vigilant, concerned that rising energy prices could trigger a wave of inflation across the wider economy. Even the Brazilian central bank, which has the highest interest rate among major economies, opted to cut its benchmark rate only slightly by 25 basis points to 14.75%, while the market had expected a 50 basis point cut. "This escalation in Iran seems to be a turning point for the market, as the conflict is no longer just about military headlines or the Strait of Hormuz blockade," said Haru Chanana, chief investment strategist at Saxo Bank in Singapore. "It's now impacting the lifeline of the global energy system. What's currently unsettling the market is the growing risk of stagflation."

Slothana, a new meme coin on Solana, has raised over $10 million in its presale and aims for a $420 million market cap, reminiscent of BONK's success. With a humorous sloth mascot and strong social media presence, Slothana seeks to ride the wave of meme coin mania, potentially replicating BONK's explosive rise in the crypto market.