Ondo Finance has submitted a No-Action Letter application to the U.S. Securities and Exchange Commission (SEC) regarding its Ondo Global Markets (OGM) product. According to Foresight News, the application is limited in scope, maintaining the OGM product's focus on providing tokenized notes for U.S. stocks and ETFs to non-U.S. investors. The underlying securities and official ledger records will remain within the existing custody system, held by BitGo. The main change involves recording related securities interests in tokenized form on the Ethereum mainnet under limited circumstances. This aims to enhance collateral monitoring, subscription and redemption processes, and reconciliation operations. Ondo Finance emphasizes that this move is an operational improvement to the existing product rather than a restructuring of the current market framework. A No-Action Letter is an informal regulatory tool used by the SEC, allowing companies to seek confirmation that SEC staff will not recommend enforcement action for new products or models. If granted, it provides regulatory tacit approval to proceed with business before formal legislative procedures are completed.

Oncoclinicas announced plans to file for temporary court protection in Brazil on Monday due to increasing financial challenges. Bloomberg posted on X, highlighting the company's decision as it grapples with mounting pressures. The move comes as Oncoclinicas seeks to navigate its financial difficulties and stabilize its operations. The company aims to restructure its debts and secure its future amid the current economic climate. This step is part of a broader strategy to address its financial situation and ensure continued service delivery.

Goldman Sachs CEO Solomon stated that it is too early to assess the impact of rising energy prices and inflation on economic growth. Furthermore, concerns about AI-driven disruption in the software industry are weighing on market sentiment. As the first quarter progresses, macroeconomic uncertainty is intensifying, prompting clients to actively adjust their portfolio allocations. (Jinshi)

The U.S. Securities and Exchange Commission's (SEC) Division of Trading and Markets has issued temporary guidance for certain decentralized finance (DeFi) front-ends, wallet extensions, and mobile applications. According to NS3.AI, these platforms may operate without broker-dealer registration for a period of five years, unless further action is taken by the SEC. The guidance specifies that these platforms must adhere to certain conditions, including refraining from order routing, providing investment advice, or holding custody of user assets. Additionally, they must implement fixed, neutral fee structures. This guidance is particularly relevant for self-custodial wallet interfaces, which allow users to maintain control over their own assets. The SEC's decision aims to provide clarity and a framework for DeFi platforms to operate within regulatory boundaries while ensuring investor protection. This move is seen as a step towards accommodating the evolving landscape of decentralized finance and its associated technologies.

Goldman Sachs CEO David Solomon stated that it is currently premature to determine the effects of increasing energy prices and inflation on economic growth. According to Jin10, Solomon emphasized the complexity of the economic landscape, suggesting that more time is needed to fully understand the potential implications. He noted that while these factors are significant, their long-term impact remains uncertain. Solomon's comments reflect the ongoing challenges faced by global economies in navigating inflationary pressures and fluctuating energy markets.

Bernstein stated that the previous Bitcoin pullback had already reflected market concerns about the risks of quantum computing to some extent, believing that the threat is "real but manageable" and not yet an imminent systemic risk. Although research, including from Google, suggests that future quantum computers may be able to quickly crack commonly used blockchain encryption algorithms in extreme cases, advancements in zero-knowledge proofs and quantum-resistant cryptography have provided some degree of protection. Bernstein believes that Bitcoin developers still have approximately 3 to 5 years to advance the quantum-resistant upgrade path, mentioning the current BIP-360 proposal, which can reduce some of the quantum exposure risk through soft forks. Furthermore, institutional investors (including ETF issuers and corporate holders) are expected to play an active role in driving upgrade consensus. However, industry experts point out that the main challenge of quantum-resistant upgrades lies in user migration and consensus formation, rather than the technical implementation itself. (Cointelegraph)

The U.S. Securities and Exchange Commission (SEC) has released a staff statement from its Division of Trading and Markets, offering guidance on whether certain user interfaces used to generate crypto asset securities trading instructions need to register as brokers. According to Odaily, the statement clarifies that under specific conditions, providers of such interfaces may not need to register as broker-dealers under Section 15 of the Securities Exchange Act. These conditions include not actively soliciting specific transactions, not providing investment advice, not controlling or executing trades, and generating trading instructions based solely on objective parameters while fully disclosing fee structures, potential conflicts of interest, and associated risks to users. The SEC emphasized that these interfaces typically exist as websites, browser plugins, or wallet applications, converting user-set trading parameters into on-chain executable instructions and providing market data such as prices, paths, and fees. However, the exemption does not apply to activities involving trade matching, custody of funds, order routing, or providing investment advice. The guidance is provisional and, without further action, will automatically expire five years from April 13, 2026. The SEC stated that this move aims to provide a clearer regulatory framework for activities related to crypto asset securities and continues to seek market feedback.

Pakistan's Prime Minister has affirmed ongoing efforts to address the conflict between the United States and Iran. According to Odaily, the ceasefire agreement between the two nations remains in effect.

The Netherlands' financial markets regulator has issued a warning about potential further disruptions in the $1.8 trillion private credit market. Bloomberg posted on X that this caution comes in the wake of recent turmoil experienced by some direct lenders. The regulator highlighted concerns over the stability of the market, emphasizing the need for vigilance among investors and stakeholders. The private credit sector, which has grown significantly in recent years, faces challenges that could impact its future performance. The warning underscores the importance of monitoring developments within this sector to mitigate risks and ensure financial stability.

BridgeMind reported a significant decline in the performance of Claude Opus 4.6 during a recent retest on the BridgeBench platform. According to NS3.AI, the AI model's accuracy fell from 83.3% to 68.3%, causing its ranking to drop from second to tenth on the hallucination leaderboard. Critics have pointed out that the comparison may be flawed, as the original score was based on six tasks, while the retest involved 30 tasks.

TAO's bullish logic requires you to believe that a game theory miracle can happen. But such miracles have happened in the cryptocurrency industry before.

Cryptocurrency strategist Mark Moss recently appeared on the podcast "When Shift Happens" and pointed out that Bitcoin will reach $45 million by 2050.

On the morning of April 13th, Beijing time, on-chain monitoring platforms issued alerts one after another: Polkadot bridge assets on the Ethereum network were being issued abnormally.

Will Iran and the Strait of Hormuz become the new landscape for the third generation of Fintech in the post-war world?

The future of the crypto ecosystem is extremely bright; temporary darkness and downturn cannot obscure the inherent nature and potential of this ecosystem and this asset.

This is no longer a debate about the spirit of decentralization, but a forced game about asset liquidity.

OpenAI, Artificial Intelligence, Ultraman's Mansion Attacked Twice in 48 Hours: Anti-AI Anger Spreads Globally. Golden Finance: What Exactly Are Opponents of AI Against?

If one day you find that your stablecoins suddenly cannot be transferred out, withdrawn, or even explained—that's when you'll realize: the money you thought belonged to you may not actually belong to you.

Bitget has launched IPO Prime, a new tokenized investment platform offering retail traders exposure to SpaceX’s anticipated public listing through a Republic-issued pre-IPO token tied to the company’s future valuation.

A hacker used a fake proof to trick the Hyperbridge system and take control of a Polkadot-linked token contract on Ethereum. They minted 1 billion DOT tokens and dumped them on the market, causing the bridged DOT price to crash and forcing exchanges to suspend activity.