Singapore has seized 2.7 billion RMB assets from Chen Zhitai's group.

Stablecoin funds flow exposed in ISIS case: Indonesian court’s on-chain evidence could convict for terrorist financing

An Indonesian court ruled on three individuals suspected of financing terrorism, with on-chain cryptocurrency transactions serving as the core evidence, revealing that they used cryptocurrencies to move funds to activities related to ISIS. Investigations show that improvements in cryptocurrency regulatory capabilities and heightened monitoring across Southeast Asia mean the flow of terrorist funds is facing strict scrutiny.

Strengthen the bank–tax interaction! China encourages banks to use blockchain, but people trading coins and tokenizing everything is all illegal.

The Chinese government encourages banks to use blockchain technology to strengthen “bank–tax interactions,” improve the financing environment for small and medium-sized enterprises, and at the same time fully ban private cryptocurrency trading and mining, treating stablecoins and tokenization as illegal activities. This sets a clear policy boundary and emphasizes official supervision and financial security.

Drift Hacker Case: How a North Korean Hacker Infiltrated for 6 Months and Planned the Largest DeFi Heist of Spring 2026

Drift Protocol was breached by North Korean hackers on April Fool's Day, resulting in the theft of approximately $280 million in assets. The hackers used social engineering and vulnerabilities in development tools, then after a long period of stealth, successfully obtained administrative privileges and executed withdrawals. The incident sparked widespread discussion and legal criticism of DeFi security, with critics arguing that the development team had civil negligence, and calling for stronger security precautions.

SEC Moves First: Independent Crypto Fundraising Rules Are Set to Take Effect, the CLARITY Act Faces an Escalation of the Standoff

The U.S. Securities and Exchange Commission is accelerating the development of a cryptocurrency regulatory framework, proposing a “safe harbor” mechanism to provide compliant financing pathways for crypto startups. Compared with Congress’s “CLARITY Act,” the SEC’s standalone rule set establishes higher financing limits and disclosure standards while also advancing a “tokenization innovation exemption.” Currently, crypto policy is becoming clearer step by step, and the SEC-led rules will be prioritized in shaping the market.

First time posting crypto content—verify! X rolls out new anti-scam rules to stop hackers from stealing accounts and promoting spam coins

Community platform X has introduced a mandatory verification mechanism for cryptocurrency-related content to address increasingly severe scam problems. The mechanism will lock an account the first time it mentions cryptocurrency, requiring users to complete identity verification. According to data, in 2025 cryptocurrency scams are expected to reach $17 billion, and social platforms have become an important source of scams. The new measures aim to reduce the success rate of scams that use highly trusted accounts, but scam activity is still rapidly expanding, and prevention measures face challenges.

Japan’s Prime Minister embroiled in a Meme coin controversy: SANAE TOKEN surges 40x then crashes, and a major regulatory crackdown is about to land

The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.