Morgan Stanley’s head of digital asset strategy, Amy Oldenburg, said the firm will treat tokenized money market funds as a future direction, while also considering tax-loss harvesting services and Bitcoin-related products. The firm has filed ETF applications for Ethereum and Solana, and manages $9.3 trillion in client assets.

A cryptocurrency exchange became the first CEX to be approved for a Federal Reserve master account, but the account is restricted—access is limited to the Fedwire payment system, and it cannot earn interest. This move has sparked concerns about financial risk and transparency in the U.S., and regulatory experts warn it could affect financial stability. The exchange said it is complying with anti–money laundering requirements.

A CEX co-founder, Ben Delo, donated $5.4 million to the Reform UK party, and the donation took place before new UK regulations came into effect. Delo was previously fined $10 million for violating anti–money laundering compliance and received a pardon from Donald Trump. Reform UK positions itself as a pro-cryptocurrency political party and is currently facing a pause order on crypto donations. After relocating to the UK, Delo plans to be exempt from donation limits.

DeSci project NanoVita announced on April 9 that it has completed a Series A funding round, with a post-investment valuation of $20 million. The funding amount was not disclosed. This round was participated in by K24 Ventures, LandScape Capital, and WestLabs, with the goal of building open on-chain health research infrastructure.

The U.S. Treasury plans to jointly issue new regulations requiring stablecoin issuers to establish anti-money laundering and sanctions compliance systems to address suspicious transactions and comply with the Bank Secrecy Act. This move is intended to advance the implementation of the GENIUS Act, which is expected to take effect in 2027.

The U.S. Department of the Treasury will issue new rules requiring stablecoin issuers to take measures to combat money laundering and sanctions violations, including suspending suspicious transactions and strengthening management of high-risk customers. This move is intended to protect the safety of the financial system while also supporting the growth of the stablecoin industry.

The U.S. Department of Justice’s case against Tornado Cash co-founder Roman Storm continues to intensify. Prosecutors rebut the Supreme Court ruling Storm cited, emphasizing that the legal framework is different. Storm faces criminal charges including money laundering, and the related funds are closely linked to illegal activity. The case has significant implications for crypto privacy protocols and regulation.

In the first quarter of 2026, the crypto industry saw a wave of project shutdowns, with more than 80 projects ceasing operations, reflecting shifts in market patterns. Analyst Ignas believes this marks the end of the “easy money era,” and that the future will require professional and sustainable economic models. Capital is concentrating in more stable products, and speculative projects face challenges.

Research by independent on-chain analyst Andrey Sergeenkov shows that 84.1% of traders on Polymarket lose money, only 2% have profits over $1,000, and 0.033% reach $100k in profits. Of the 6,600 traders with monthly profits over $5,000, only 2.6% remain consistently active for more than a year. Most traders leave after trading for a while.

Gate News message, April 7, on the BSC chain, the Meme coin Freedom of Money saw continued sharp gains starting in the early hours today, briefly breaking through $22 million and continuing to set new highs; it was temporarily reported at $21.2 million. The intraday gain once reached 50%, and the 24-hour trading volume was $5 million. Note that Meme coin trading is subject to massive volatility, relies largely on market sentiment and concept hype, and has no real value or use case; investors need to be cautious about risks.