ChainNewsAbmedia

The human verification encryption project "World" created by OpenAI CEO Sam Altman has officially entered the US market, announcing a series of significant collaborations, including the launch of a Visa-based debit financial card and partnering with the dating app Tinder for identity verification, further strengthening the distinction between humans and AI, and accelerating the progress towards global application.
World Launches in the United States: Six Major Cities Initiate First
World Network, formerly known as Worldcoin, announced its official entry into the U.S. market yesterday, with the first wave of cities including Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. Local users only need to complete identity verification to receive the native encryption token.

As the global AI competition heats up, NVIDIA CEO Jen-Hsun Huang recently made significant remarks at a technology conference in Washington, emphasizing that China is "not lagging behind" in the field of artificial intelligence, and praising Huawei as one of the world's most powerful technology companies. These statements not only break some Western misconceptions about China's AI capabilities but also highlight that amid the technological confrontation between the US and China, semiconductors and AI chips have become the front line of a new cold war.
The AI capabilities of China and the US are close, Jen-Hsun Huang: This is a long-term race.
Jen-Hsun Huang pointed out in the meeting that although China is currently "possibly slightly behind the United States," the gap is very small. He stated plainly, "We are very close. Don't forget, this is a long-term and endless race."
NVIDIA plays a key role, but U.S. policies pose the biggest challenge.
NVIDIA has become a core force in the development of global AI technology in recent years, with its chips.

HSBC has issued a warning that the global trade war triggered by U.S. President Trump will have broader implications, particularly directly impacting loan and credit quality. This means that HSBC, which primarily serves business clients, will face more challenging times.
HSBC Holdings ( is the largest bank in Europe and has now reset its targets, announcing a new $3 billion share buyback plan ). The first quarter financial report disclosed a pre-tax profit of $9.5 billion, mainly attributed to one-time costs related to the disposal of operations in Canada and Argentina. Analysts had previously estimated that the pre-tax profit of this largest bank in Europe by asset size would reach $7.8 billion, and the bank's profits in the first quarter exceeded analysts' expectations. On April 29, HSBC's stock price in Hong Kong rose by about 3.2%, while the Hang Seng Index remained flat, and the London Stock Exchange price rose by about 2.1.

Solana Policy Institute ( has partnered with three major industry partners to submit the "Project Open" pilot proposal to the SEC ), aiming to tokenize and trade traditional stock securities through Blockchain technology, ushering in a new era of digitalization in the Capital Market of the United States.
Stepping into the Future: Project Open Creates an On-Chain Stock Trading Platform
The Solana policy research organization, financial technology company Superstate Inc., law firm Lowenstein Sandler LLP, and Solana-based DEX Orca jointly submitted the "Project Open" pilot project, aiming to guide traditional equity securities through public blockchains like Solana.

Japanese version of MicroStrategy Metaplanet Inc. announced this morning the establishment of a wholly-owned subsidiary in the United States, officially marking its presence in the U.S. Bitcoin financial market. As the company has been actively meeting with senior executives of the U.S. stock exchange and plans to launch the three major indices, Metaplanet is moving forward at full speed towards its goal of becoming the "global Bitcoin financial leader."
Establishing a Subsidiary in the United States: Miami Becomes a Global Strategic Hub
This morning, Metaplanet announced the establishment of its wholly-owned subsidiary "Metaplanet Treasury Corp." in Miami, Florida, with an initial capital of 250 million USD ( approximately 1 billion JPY ). This move is seen as a key step in advancing its "Bitcoin Treasury Strategy," thereby strengthening its global financial operational capabilities.
The new company will focus on the accumulation and financial operations of Bitcoin, with goals including:
Enhancing liquidity and efficiency: Accelerating Bitcoin transaction speed

After the turmoil in April, the U.S. stock market has finally approached the levels before Trump’s liberation on April 2. The U.S. economy saw negative growth in the first quarter, and inflation data has shown some easing. Reports indicate that the United States is actively engaging with China through various channels. At the same time, a group of investors is betting that the Federal Reserve will implement policy measures to prevent an economic recession. The top ten large cap Crypto Assets are mostly consolidating within a range, with Bitcoin fluctuating slightly around 94K and Ether hovering around 1,800.
The US GDP contracted in the first quarter! Trump: "This is Biden's stock market, not mine"
The U.S. economy unexpectedly saw negative growth in the first quarter, with the initial value of the Q1 GDP growth rate at -0.3%, marking the first contraction since 2022. U.S. stocks fell in early trading.
Despite the economic contraction, consumer spending still grew by 1.8%, and the potential demand indicator for the economy remains robust, thanks to business equipment since 2020.

Huawei ( is developing artificial intelligence chips that can compete with Nvidia )'s H100, and as the news broke, Nvidia's stock not only did not fall but slightly pumped instead. The Motley Fool analysts suggest that this might be an opportunity for investors to buy on the dip, as Nvidia's stock price has now reached $109, a significant improvement from the dreadful situation at the beginning of the month when it fell to $94.31. Trump's suspension of tariff sanctions against China has restored investors' confidence in the US artificial intelligence-related industries.
A few weeks ago, due to Trump's new policy prohibiting the export of H20 chips specifically designed for China, NVIDIA canceled orders worth up to $5.5 billion. According to a recent report by The Wall Street Journal, Chinese tech giant Huawei is about to launch its own self-developed AI chips to compete with NVIDIA.

The largest physical virtual money exchange in Taiwan, "Coin Idea," has been accused of being involved in a fraud group's money laundering scheme, sparking controversy while claiming to be the "only authorized by the Financial Supervisory Commission." The Financial Supervisory Commission clarified that it has only completed the money laundering prevention registration, which does not equate to verification, and the operators' actions still need to be legal. Peng Jinlong stated that he will promote a special law for virtual assets to strengthen regulation. Although virtual assets are still in a regulatory gray area, the special law will enhance operator screening and management, promoting market safety and sound development.

BlackRock plans to tokenize its $150 billion money market fund and collaborate with BNY Mellon to issue DLT shares, leveraging blockchain technology to innovate asset management. The CEO emphasized that tokenization will change the way investments are made, but regulatory and identity verification challenges still need to be overcome. BlackRock is not the only financial institution embracing blockchain; the industry is actively promoting asset tokenization, looking forward to a digital revolution.

The Chinese government announced on April 29 a two-year "Blockchain Innovation and Application Development Action Plan," aiming to make Blockchain the "core technology for industrial digitalization." This initiative will not only involve investment in infrastructure but also promote applications in fields such as healthcare, education, and AI. The authorities emphasize that this is not just a technical investment but a key project to drive the digital economy and urban innovation transformation.
From 2024 to 2027, China will initiate a timetable for the implementation of Blockchain.
According to the official announcement, the Beijing Municipal Science and Technology Commission, the Zhongguancun Management Committee, the Cyberspace Administration, the Government Data Bureau, the Economic and Information Commission, and the Commerce Bureau jointly launched this action plan. The overall implementation will start in 2024 and continue until 2027.
Blockchain is listed as a core foundational technology, and the development of cryptocurrency asset applications is not excluded.
The plan indicates that blockchain is an important foundation for the digital transformation of industries, with the potential to "enhance data trustworthiness and optimize process efficiency."

US President Trump recently made an angry phone call to Amazon (Amazon) founder Jeff Bezos (Jeff Bezos), triggered by a report indicating that Amazon might label some product pages "prices may have increased due to Trump tariffs." In response, senior White House officials described this move as a "political provocation," and although Amazon promptly clarified that it had "never formally considered" it.
Amazon is to reveal tariff costs, and the White House is furious.
A certain website under Amazon originally planned to display price increases due to tariffs on the product page, for example:
Let consumers see "how much more this product costs because of taxes imposed by the government."
This idea sparked outrage in the White House. Officials revealed that when Trump saw this report, he was very angry and directly asked:
"How can a company worth hundreds of billions of dollars pass the costs onto consumers?" Then I directly called Bezos to express my dissatisfaction.
White House

On April 30, U.S. President Trump returned to the key swing state of Michigan to deliver a "100 Days Achievement Speech." The content covered the recovery of the American automotive industry, immigration policies, while also criticizing the Biden administration and praising Musk, among others. He emphasized that we are witnessing the greatest revolution in American history, which is America's golden age. The crowd chanted "USA," and the support echoed continuously.
The Michigan automotive industry is the focus, supported by tariffs and labor unions.
Trump began by stating that because of our tax and tariff policies, global automakers are now rushing back to the United States.
"We are now manufacturing cars, no longer needing to import them. I also just signed an executive order that gives some tariff discounts to car manufacturers assembling in the United States," Trump emphasized.
As a key state for automobile manufacturing, Michigan had an exchange meeting with Taiwan regarding vehicle manufacturing technology last year. Is there a solution to inflation? Trump boasted that "egg prices dropped by 87%, and oil prices returned to $2."
Trump said

The UK government recently released the draft of the "Financial Services and Markets Act 2025 (Regulated Activities and Other Provisions) (Crypto Assets) Order," which plans to cover seven key activities related to stablecoins and other qualifying crypto assets, formally incorporating them into the financial regulatory framework. This move marks an important step for the UK towards establishing a world-class regulatory environment for crypto assets.
Seven types of encryption activities are included in the FCA authorization framework.
According to the content of the draft, if one wishes to engage in the following activities in the future, they must obtain a Part 4A permission from the Financial Conduct Authority (FCA) in the UK, otherwise, they will be in violation of Section 19 of the Financial Services and Markets Act:
Issuing qualified stablecoins (such as fiat-backed stablecoins)
Custody or management of users' encryption assets (custodial wallet)
Operating an encryption asset trading platform
Self-Directed Trading (buying and selling encryption assets in one's own name)
Agency trading (buying and selling on behalf of users)
Arrange third-party encryption asset transactions

Taiwan's crypto world is once again embroiled in a money laundering controversy! Chen Mei-hui, a financial crime investigator at XREX, tragically died in a car accident at the end of last year, raising significant public concern. Subsequently, it was revealed that the two founders, Hsiao Hui-tsung and Huang Yao-wen, were involved in the "Afu Wallet case" of virtual money money laundering. The Taichung District Prosecutor's Office discovered that the two assisted a fraud group in exchanging 12.7 million USDT, involving a laundering amount of up to 410 million New Taiwan dollars. Ultimately, considering the two's good attitude towards pleading guilty, the prosecutor's office decided to defer prosecution, imposing fines and educational outreach conditions.
The A-Fu Wallet scam case involves senior executives of XREX.
According to the United Daily News, prosecutor Zhang Fujun of the Taichung District Prosecutors Office discovered that the "Afu Wallet" APP established by ACE Company was involved in fraud and money laundering exceeding 300 million. The case was concluded and prosecuted in March last year, but the prosecutors did not stop there, continuing to trace and investigate, discovering that it was linked to...