China

Chinese official media, based on court decisions, indicates that cryptocurrency transactions are legally invalid, and losses are borne by the individual.

Individual apprehended in Guangdong for manipulating StarkNet (STRK) airdrop, acquiring over 40,000 tokens fraudulently. Tokens converted to Tether, totaling $91,000. Airdrop faced challenges from squatters; misuse reflects broader issues in crypto airdrops.

Russian lawmakers have revived plans to prohibit the circulation of cryptocurrencies nationwide, paving the way for the digital ruble.

The trading volume of Hong Kong's Bitcoin Spot ETF reached approximately $6.3 million, impacted by the ban on mainland Chinese investors from trading, affecting market demand.

As Tesla's stock price soars due to optimistic news from China, U.S. stock index futures rise slightly. Looking ahead, traders will shift their focus to the Federal Reserve's rate decision, the monthly employment report, and more earnings reports from the "Big Seven" tech giants. Given that the Fed has indicated that it will keep rates high for a longer period, tension is apparent in the cryptocurrency market.

China cuts US Treasuries by $74B in a year, lowest since '09. Minor reductions by India, Brazil, Saudi Arabia. Russia-China trade shifts from dollar, CIS trade surpasses $100B.

A new U.S. stablecoin bill heavily favors banks, potentially leading to a ban on the world's largest dollar stablecoin, USDT.

Chinese media reports that the first Bitcoin and Ethereum spot ETFs will be listed in Hong Kong at the end of April, but mainland investors are prohibited from trading them.

A well-known financial blog suggests that the significant increase in capital outflows from China has been a key catalyst driving the continuous surge in Bitcoin prices since 2015.

Tether announces the integration of its USDT into Telegram's TON network; Apple's App Store in China has removed the app.