According to Cryptoslate, the Financial Policy Committee (FPC) of the Bank of England stated in its April 2025 record that while the size and relevance of stablecoins continue to grow, inadequate regulation and inadequate asset support may pose new risks to financial stability in the UK, especially during times of stress. The committee reiterates that the Bank of England and the Financial Conduct Authority (FCA) are actively developing regulatory frameworks for both systemic and non systemic stablecoins to ensure that these tokens can reliably meet redemption requests and maintain parity even under volatile market conditions.

OKX-ETH/USDT is currently trading at $155.22, with a 24-hour increase of 0.98%. Please be aware of market fluctuations.

According to Cointelegraph, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers (VASP), aimed at curbing money laundering, supporting innovation, and attracting foreign investment. This policy is formulated by specialized government agencies under the Anti Money Laundering (AML) and Counter Terrorism Financing (CTF) agencies. The proposed framework requires approval from the legislative body and opinions from digital asset companies operating in the country, and is expected to be phased out starting in 2026.

Odaily Planet Daily News: US Senate Democrats have proposed a draft of the Clean Cloud Act, which aims to impose fees on data centers that support blockchain networks and artificial intelligence models that exceed federal emission targets. The bill requires the US Environmental Protection Agency to establish emission standards for data centers and encrypted mining facilities with IT nameplate power exceeding 100 KW, with the goal of reducing emissions by 11% annually. Emissions exceeding the limit will be fined $20 per ton of carbon dioxide equivalent, and this amount will increase by $10 annually with inflation. It is worth noting that Bitcoin mining companies including Galaxy, CoreScientific, and Terawulf are gradually shifting towards providing high-performance computing (HPC) power for artificial intelligence models. The bill has not yet been passed in the Senate. (Bloomberg)

The perpetual trading volume of Binance ZEC/USDT surged 11 times within 10 minutes, with a turnover of 42.77 million US dollars in the past 24 hours, a decrease of 3.38%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.