The European Central Bank supports transferring regulatory authority over cross-border financial market participants such as crypto-asset service providers to the European Securities and Markets Authority, with the aim of strengthening the integration of the EU capital markets and their competitiveness; the related proposals will be subject to legislative talks between member states and the European Parliament.

SpaceX executive Michael Nicolls said in a memo that xAI’s training performance is poor and clearly behind its competitors. As a result, it decided to reorganize the engineering team, appoint a new leader, and aim to catch up with companies like OpenAI and Google. This move is part of the rebuilding plan pushed by Elon Musk.

The Korean Financial Services Commission and the Financial Supervisory Service announced that they will implement an “enhanced version of the withdrawal-delay制度,”统一制定 and standardize the exception criteria for delayed virtual-asset withdrawals, with the aim of preventing scam funds from being withdrawn and ensuring trading security.

The Japan Financial Services Agency has issued “Policy Guidelines for Strengthening Cybersecurity for Crypto Asset Exchange Businesses and Related Entities,” with the aim of strengthening investor asset protection. It proposes a three-layer security framework to address the new landscape of cyberattacks. In subsequent plans, it will conduct penetration testing on major operators and revise the guidance to raise security standards.

An online social trading platform announced on April 1 that New York residents can trade crypto assets on its platform, alongside stocks, ETFs, and options. After obtaining a BitLicense and a remittance license, the platform’s services cover 48 U.S. states and aim to promote digital financial inclusion and open up global markets.

Gate News reports that on March 27, The Information stated that SpaceX plans to submit an IPO application as early as this week, with market sources indicating they aim to raise up to $75 billion in the IPO. Additionally, sources familiar with the matter revealed that Elon Musk's X company is undergoing layoffs and restructuring, but specific details have not been disclosed.

The United States plans to deploy thousands of troops to the Middle East to strengthen military presence, aiming to pressure Iran to return to negotiations. Although U.S. military deployment has begun, Iran remains firm, refusing dialogue, and disagreements are significant. The military escalation has triggered regional chain reactions, with oil prices and the global economy facing uncertainty. If negotiations fail, the conflict could evolve into a prolonged attrition war, affecting financial markets and cryptocurrencies.

Alibaba Cloud's Wuying team will launch two AI hardware products: the JVS Book notebook and JVS Box mini host, targeting mobile and desktop office scenarios respectively. Based on OpenClaw-like architecture, they aim to provide a complete AI Agent experience and support the development of the "shrimp farming" track.

Kenya's government has released a draft guidance document targeting cryptocurrency companies and digital asset service providers, requiring registration, licensing, and transparency, while strengthening stablecoin reserve management. These measures aim to enhance investor confidence and market stability, while providing opportunities for public and stakeholder feedback to advance a balance between compliance and innovation.

Algorand Foundation announces layoffs of approximately 25% of its workforce to address the downturn in the crypto market and macroeconomic uncertainties. The layoffs aim to optimize resource allocation and align with long-term development strategies. With the foundation currently having fewer than 200 employees, this move is part of broader workforce reductions across the crypto industry. Algorand will continue to focus on protocol and ecosystem development.