1. U.S. Vice President Vance Prioritizes Eliminating Cryptocurrency Red Tape

Odaily Planet Daily reports that U.S. Vice President Vance stated that he will prioritize eliminating the rules, red tape, and legal battles regarding cryptocurrencies set by the previous administration. -Original

2. UK FCA Seeks Opinions on New Crypto Custody Regulations to Prevent Company Failures

The country's market regulator proposed rules aimed at ensuring stablecoins maintain their value and seeks to reduce the likelihood of failures among stablecoin and cryptocurrency custody companies. -Original

3. Coinbase Launches CDP Wallet to Simplify Self-Custody and Enhance Security

Coinbase has launched the CDP wallet, a new type of wallet infrastructure aimed at developers, designed to break the long-standing trade-off between custody and operational complexity. Coinbase stated that developers previously had to either manage private keys and handle complex operations themselves or rely on custodians, thus losing flexibility. The CDP wallet, currently in public testing, aims to address this issue by giving developers "full control" to create self-custodial, programmable wallets via API without managing private keys or infrastructure. Coinbase noted in a statement to The Block that the CDP wallet utilizes Trusted Execution Environment (TEE) technology to secure sensitive operations within AWS Nitro Enclaves, ensuring that private keys remain encrypted at all times, and even Coinbase cannot access unencrypted private keys. -Original

4. Circle Freezes Addresses Related to Libra Team, Involving 58 Million USDC

Stablecoin issuer Circle recently froze two Solana wallet addresses associated with the Libra token team, involving approximately 58 million USDC. The blockchain explorer Solscan shows that the frozen addresses hold 44.59 million and 13.06 million USDC, respectively. This freeze stems from legal disputes arising from the meme coin Libra incident. The token's market value soared to billions of dollars after being promoted by Argentine President Javier Milei in February, only to plummet 90% later, being accused of a pump-and-dump scheme. Burwick Law Firm, focused on the crypto field, stated that the freeze was requested under a temporary restraining order; while Argentine lawsuit plaintiff Martin Romeo indicated that the freeze was initiated by the Argentine judiciary. -Original

5. Federal Reserve Minutes: Labor Market May Show Weakness, Inflation Risks Increase

Odaily Planet Daily reports that the Federal Reserve meeting minutes indicate that officials believe there is a risk of weakness in the labor market in the coming months, with increased risks of rising inflation and unemployment rates. -Original

6. BlackRock Plans to Purchase 10% of Circle IPO Shares

Odaily Planet Daily reports that market news indicates BlackRock plans to purchase 10% of Circle's IPO shares. -Original

7. Polish Presidential Candidate Promises to Support Crypto Industry Development

As the Polish presidential election enters its final sprint, nationalist candidate Karol Nawrocki recently released a video on social media promising to support the development of the cryptocurrency industry and oppose regulatory policies that restrict investment freedom if elected. Although this candidate, supported by the Law and Justice Party, admits he does not hold digital currencies, he emphasizes that "Poland should be a birthplace of innovation, not regulation." Recent polls show Nawrocki and Warsaw Mayor Rafal Trzaskowski have similar support rates. Analysts believe his pro-crypto stance aims to attract supporters of far-right candidate Slawomir Mentzen, who is known for holding Bitcoin and garnered 14.8% of the votes in the first round. Notably, Trzaskowski also publicly opposed regulating the Polish cryptocurrency market in February. -Original

8. Vietnamese Police Crack Down on Crypto Scam Involving Nearly $400 Million

Vietnamese police have arrested a gang suspected of orchestrating the cryptocurrency scam "Matrix Chain," which has defrauded investors of nearly $400 million. The alleged pyramid scheme established a multi-level system across three regions in Vietnam, misleading investors into believing they could download the Matrix Chain software for a symbolic fee of just 1 USDT, with funds ultimately misappropriated by the gang, which has over 185,000 registered accounts, with 394.2 million USDT deposited and transferred through crypto wallets. Four men and one woman (born between 1980 and 1991) have been detained, and police are searching their residences and workplaces. -Original

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