News linked to both this project and an event.
According to an official announcement, Tether Investments has proposed two merger transactions: one between Twenty-One Capital (XXI) and Bitcoin financial services company Strike, and another between XXI and Bitcoin mining firm Elektron Energy. These mergers aim to expand XXI’s business scale and long-term growth capabilities. Tether Investments stated it will vote in favor of the proposed transactions. Upon completion, XXI will integrate Bitcoin asset management, mining, financial services, lending, and capital markets operations, becoming a globally leading listed Bitcoin integrated platform.
Odaily News: New York State Governor Kathy Hochul signed an executive order on Wednesday prohibiting state government employees from using non-public information to trade in prediction markets or assisting others in profiting from it. This move aims to address growing concerns over "insider betting" in prediction markets.According to the executive order, all government officials appointed by the governor or under her jurisdiction, as well as members of public agencies, are prohibited from using any non-public information obtained in the course of their duties to seek profits or avoid losses in prediction markets or similar services. They are also barred from assisting others in such activities. The governor mentioned in the document that the current "rapid expansion of prediction markets" has drawn regulatory attention.The day before, Illinois Governor JB Pritzker also issued a similar executive order, banning state government personnel from using non-public information to participate in prediction market betting.Meanwhile, prediction market platform Kalshi disclosed that it has launched investigations into three insider trading cases involving candidates and has imposed fines and trading suspensions on the relevant individuals. One of those penalized is Mark Moran, a candidate in the Virginia State Senate Democratic primary, who was penalized for betting on his own campaign and stated he "hoped to be caught."
According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more accommodating regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel Committee’s new capital requirements for crypto assets. The current Basel framework is viewed as overly stringent in its classification of public blockchain-based assets, potentially stifling banking-sector innovation. MAS plans to abandon a “one-size-fits-all” classification approach and instead allow public blockchain-based crypto assets that meet a set of principle-based criteria to be classified as Group 1 crypto assets—carrying lower risk weights and less stringent prudential requirements—to achieve regulatory technology neutrality.
Cobo, a digital asset custody and wallet solutions provider, has launched the Adoption Clearing Layer (ACL), a payment incentive settlement layer open to public blockchains, stablecoin issuers, and payment institutions. Cobo aims to collaborate with more ecosystem partners to jointly build a stablecoin payment network grounded in real-world transactions. The ACL offers multi-chain payment routing and incentive settlement capabilities, directly linking ecosystem incentive budgets to genuine payment transactions—creating a transaction-centric growth loop. Initial ACL partners include Aptos and Morph; through ACL, participants can earn up to 15 basis points (bps) per transaction as commission—boosting authentic on-chain transaction volume for ecosystem participants while delivering sustainable revenue streams for payment institutions.