U.S. Senators Thom Tillis and Angela Alsobrooks have issued a joint statement regarding a compromise on stablecoin rewards under Section 404 of the CLARITY Act. According to ChainCatcher, the statement suggests that the related agreement is nearing finalization. The senators have engaged with various stakeholders to address concerns from the banking industry about deposit outflows. The compromise will prohibit stablecoin rewards from resembling bank deposit interest, while allowing crypto companies to offer other forms of customer incentives.

According to PANews, a recent survey reveals that 75% of institutional investors believe Bitcoin is currently undervalued. Additionally, 82% of these investors think the market is approaching the end of the bear market phase.

Hong Kong's wind power stocks faced a turbulent session with notable declines. According to Jin10, Dongfang Electric (01072.HK) saw a drop of over 7.7%, while Harbin Electric (01133.HK) fell by more than 6%. Weichai Power (02338.HK) and Yihuatong (02402.HK) also experienced declines, each dropping over 5%.

U.S. oil exports increased to 5.2 million barrels per day in April, marking a more than 30% rise from the pre-war level of 3.9 million barrels per day in February, according to CNBC. According to PANews, this surge has brought U.S. oil exports to their highest level since April 2016.

BitMine has staked 192,816 ETH, according to Foresight News. The transaction occurred six hours ago, marking a significant movement in the cryptocurrency market.

PANews posted on X (formerly Twitter). Cathie Wood recently highlighted in a podcast that the change in attitude by Larry Fink, CEO of BlackRock, the world's largest asset manager, is crucial for institutional entry into the cryptocurrency market. Previously, Larry Fink was a prominent skeptic of Bitcoin on Wall Street. However, his recent discussions about 'tokenization of everything' and the realization of the internet's initial lack of a financial layer have provided a form of 'entry permission' for the institutional market. Wood emphasized that if even Larry Fink of BlackRock has shifted from denying Bitcoin to embracing tokenization, it indicates that institutions should act quickly to avoid missing out.

Bank groups expressed opposition on Monday to a proposed crypto market structure, increasing pressure on U.S. lawmakers to persist in negotiations over a significant stablecoin rewards provision. According to Bloomberg, this development highlights the ongoing debate surrounding the regulation of digital currencies and the financial industry's response to proposed legislative changes. The proposal in question has sparked discussions among various stakeholders, with bank groups voicing their concerns about its potential implications. The stablecoin rewards provision remains a focal point of contention, as lawmakers and industry representatives continue to deliberate on its impact and implementation. As the dialogue progresses, the involvement of bank groups underscores the complexity of reaching a consensus on the regulation of cryptocurrencies. The outcome of these negotiations could have significant ramifications for the future of digital currency regulation in the United States.

Last night, CRCL surged 19.89% intraday, becoming one of the best-performing stocks in the US stock market that day. The core catalyst for this surge was a key development in the US Clarity Act.

Tianxing Medical (01609.HK) made a strong debut on the Hong Kong Stock Exchange, opening at HKD 288, which marks an increase of over 192% from its initial public offering price of HKD 98.5. According to Jin10, the company's impressive performance on its first trading day reflects strong investor interest and confidence in its market potential.

Eleanor Terrett posted on X. Banking trade groups have expressed concerns regarding the recent stablecoin yield compromise, stating that it does not fully prohibit the payment of yield and interest on stablecoins. While the groups have refrained from heavy criticism, they have indicated that lawmakers can expect suggested edits in the coming days. However, it is unlikely that the language will change now that the text is public. According to a Senate staffer, as reported in the CryptoAmerica newsletter, it is time for banks to move on from yield, cautioning them not to turn a modest win into a loss.

World Liberty Financial has initiated a defamation lawsuit against Tron founder Justin Sun in Florida, intensifying a legal conflict between the crypto platform linked to the Trump family and one of its major investors. According to Cointelegraph, the lawsuit was filed on Monday in the Eleventh Judicial Circuit Court for Miami-Dade County. It accuses Sun of making false public statements about World Liberty and breaching WLFI token-sale terms through alleged prohibited transfers, short-selling, and straw purchases. The lawsuit further alleges that Sun spread defamatory statements about the crypto platform, seeking a court-ordered retraction and compensation from him. Sun has denied these allegations, describing the lawsuit in a Monday post on X as a “meritless PR stunt” and expressing his intention to contest the case in court. This legal action follows less than two weeks after Sun filed a lawsuit against World Liberty over the freezing of his WLFI tokens, a dispute that has heightened scrutiny of the project’s token controls and governance structure. The legal battle comes amid growing criticism of the crypto platform, which faced backlash for a proposal to extend a two-year lock-up period for early investors holding the WLFI token. U.S. President Donald Trump and his sons, Donald Trump Jr. and Eric Trump, are listed as co-founders of the platform, as per World Liberty's white paper. Sun criticized the proposal as “one of the most absurd governance scams I have ever seen.” The lawsuit claims Sun was aware of WLFI’s token freezing rights, with his token address blacklisted in September 2025 after being flagged for a $9 million transfer. Sun argued that his presale tokens were unjustly frozen and called for the release of his investment. However, the lawsuit asserts that Sun was “fully aware of World Liberty’s right to freeze user tokens to protect its token holders and its community” and had agreed to it in the project’s Terms of Sale. Tom Clare, attorney for World Liberty Financial, stated that Sun chose to defame World Liberty publicly, claiming the lawsuit was a “last resort” to protect its tokenholders and employees. The lawsuit also highlights governance concerns, noting a March vote where 76% of voting power came from 10 wallets, which Sun described as a sign of concentrated influence. World Liberty accused Sun of spreading baseless allegations to cover up his own misconduct and threatened legal action. The WLFI token saw a 5% increase in the 24 hours leading up to 1:43 p.m. UTC on Monday, though it remains down over 80% since its launch, according to CoinMarketCap data.

Bridgewater Associates founder Ray Dalio has issued a new warning: the next two years will be a "particularly dangerous period," with a triple storm of debt, geopolitics, and technology converging, and most investors' timing strategies are doomed to fail.

For developed countries, that layer is still bank deposits and account relationships; for developing countries, that layer is cross-border payments, capital flows, and monetary sovereignty.

X's head of Product Nikita Bier has just revealed that crypto is the topic most likely to be muted by X users, as fewer and fewer users want to see crypto-related news on their "For You" page.

OpenAI is trying to patch the vulnerabilities, but the lives lost continue to test the boundaries between technology and humanity.

Singapore is testing AI with five banks and agencies to spot scam transactions earlier using shared data. The trial aims to improve detection and reduce losses, with plans to expand if it works well.

The XRP community has been hit by a new kind of threat—and this time, it unfolded in real time during a live event.

Morgan Stanley added another 286.7 Bitcoin worth about $22.5 million, bringing its total holdings to around 2,620 BTC valued at roughly $205 million.

Brazil has banned foreign exchange providers from using stablecoins and cryptocurrencies to settle cross-border payments, forcing them to use traditional banking channels instead. Crypto trading remains legal, but firms using blockchain for remittances must change their systems by deadlines running to 2027.

The long-stalled CLARITY Act is now on the brink of a decisive breakthrough, with U.S. senators reaching a critical compromise that could push the landmark crypto bill to a floor vote as early as May.