News Heat Trend
Project Overview
Centre, founded by Circle and Coinbase, is the first independent, open-source standards organization with a focus on providing a framework for fully-reserved fiat-backed stablecoin issuance based on the principles of transparency and integrity. The first Centre standard stablecoin, USD Coin (USDC), has become a leading stablecoin on the market, supporting a fast-growing ecosystem and driving inclusive user growth.
LianLian Digital Acquires FINTRAC and Obtains Canadian MSB License, Enabling Virtual Currency and Payment Services
According to an announcement by the Hong Kong Exchanges and Clearing (HKEX), LianLian Digital announced that it has successfully obtained a Money Services Business (MSB) license from Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) through an acquisition vehicle, enabling it to conduct regulated activities including foreign exchange, remittance, virtual currency, and payment services. The specific acquisition amount has not yet been disclosed.
Singapore Police Force Collaborates with Cryptocurrency Platforms to Intercept Over S$2.86 Million in Fraud Proceeds Within a Month
According to the Lianhe Zaobao, Singapore’s Police Anti-Scam Centre and the Cybercrime Investigation Division collaborated with cryptocurrency platforms including Coinbase, Coinhako, StraitsX, and Upbit in a month-long targeted enforcement operation from March 16 to April 15 this year, successfully intercepting over S$2.86 million in scam proceeds. During the operation, authorities used analytical tools from blockchain intelligence firms TRM Labs and Chainalysis to identify victims involved in multiple scam categories—including impersonation of government officials, investment scams, job scams, and online romance scams—and carried out more than 90 direct interventions via telephone and in-person contact. The police stated that the operation’s success stemmed from a rapid information-sharing mechanism between law enforcement agencies and private-sector platforms, and emphasized their continued commitment to deepening public-private collaboration to counter increasingly sophisticated cryptocurrency scams.
UK Proposes Including Stablecoins and Tokenized Deposits in a Unified Payment Regulatory Framework
According to The Block, the UK Treasury has unveiled a payment regulatory reform proposal that aims to bring traditional payment services, stablecoins, and tokenized deposits under a unified regulatory framework. The proposal also plans to regulate stablecoins used for payments through subsequent issuance rules. Additionally, it seeks to expand the Financial Conduct Authority’s (FCA) supervisory authority over open banking and explore regulatory adjustments for payment activities conducted by AI agents. Meanwhile, the UK Treasury will provide £1 million in funding to the Centre for Finance, Innovation and Technology starting in April and has appointed Chris Woolard CBE to lead the development of a tokenized financial system for wholesale digital markets.
UK Financial Regulator Urgently Assesses Risks of Anthropic’s Latest AI Model
Officials from the Bank of England, the Financial Conduct Authority, and the Treasury are consulting with the National Cyber Security Centre to examine potential vulnerabilities in critical IT systems revealed by Anthropic’s latest model.
Related news
LianLian Digital Acquires FINTRAC and Obtains Canadian MSB License, Enabling Virtual Currency and Payment Services
According to an announcement by the Hong Kong Exchanges and Clearing (HKEX), LianLian Digital announced that it has successfully obtained a Money Services Business (MSB) license from Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) through an acquisition vehicle, enabling it to conduct regulated activities including foreign exchange, remittance, virtual currency, and payment services. The specific acquisition amount has not yet been disclosed.
Quantum Computers Crack 15-bit ECC Keys; Bitcoin’s 256-bit Security Remains Unthreatened—But Migration Countdown Accelerates
According to CryptoSlate, Project Eleven awarded the Q-Day Prize to researcher Giancarlo Lelli on April 24 for successfully deriving a 15-bit elliptic curve private key from its public key using publicly accessible quantum hardware—the largest publicly demonstrated instance of its kind to date, representing a 512-fold improvement over the prior 6-bit demonstration in September 2025. Lelli employed a variant of Shor’s algorithm tailored to the Elliptic Curve Discrete Logarithm Problem (ECDLP), the mathematical foundation of Bitcoin’s signature scheme; the award-winning hardware comprised approximately 70 qubits. Currently, no known quantum computer can break real Bitcoin wallets, and Bitcoin’s 256-bit elliptic curve security remains far beyond the capabilities of existing quantum systems. Notably, Google revised downward its resource estimates for ECDLP-256 on March 31 and set a post-2029 target for migration to quantum-resistant cryptography; Cloudflare promptly followed suit, and the UK’s National Cyber Security Centre (NCSC) established migration milestones between 2028 and 2035. On-chain data indicates that roughly 6.93 million BTC are currently exposed to potential quantum risk due to publicly revealed public keys. The Bitcoin community has proposed BIP 360 and BIP 361 to facilitate migration toward quantum-resistant output types; however, coordination across the decentralized network remains the greatest challenge.
Singapore Police Force Collaborates with Cryptocurrency Platforms to Intercept Over S$2.86 Million in Fraud Proceeds Within a Month
According to the Lianhe Zaobao, Singapore’s Police Anti-Scam Centre and the Cybercrime Investigation Division collaborated with cryptocurrency platforms including Coinbase, Coinhako, StraitsX, and Upbit in a month-long targeted enforcement operation from March 16 to April 15 this year, successfully intercepting over S$2.86 million in scam proceeds. During the operation, authorities used analytical tools from blockchain intelligence firms TRM Labs and Chainalysis to identify victims involved in multiple scam categories—including impersonation of government officials, investment scams, job scams, and online romance scams—and carried out more than 90 direct interventions via telephone and in-person contact. The police stated that the operation’s success stemmed from a rapid information-sharing mechanism between law enforcement agencies and private-sector platforms, and emphasized their continued commitment to deepening public-private collaboration to counter increasingly sophisticated cryptocurrency scams.
UK Proposes Including Stablecoins and Tokenized Deposits in a Unified Payment Regulatory Framework
According to The Block, the UK Treasury has unveiled a payment regulatory reform proposal that aims to bring traditional payment services, stablecoins, and tokenized deposits under a unified regulatory framework. The proposal also plans to regulate stablecoins used for payments through subsequent issuance rules. Additionally, it seeks to expand the Financial Conduct Authority’s (FCA) supervisory authority over open banking and explore regulatory adjustments for payment activities conducted by AI agents. Meanwhile, the UK Treasury will provide £1 million in funding to the Centre for Finance, Innovation and Technology starting in April and has appointed Chris Woolard CBE to lead the development of a tokenized financial system for wholesale digital markets.
UK Financial Regulator Urgently Assesses Risks of Anthropic’s Latest AI Model
Officials from the Bank of England, the Financial Conduct Authority, and the Treasury are consulting with the National Cyber Security Centre to examine potential vulnerabilities in critical IT systems revealed by Anthropic’s latest model.