ChainCatcher news, according to Bloomberg, Bitwise General Counsel Katherine Dowling stated, "Despite concerns that Trump's meme token may create an environment where participation opportunities are paid for, his involvement in the crypto industry is beneficial. Legislators should ignore the political noise and advance the crypto legislative process."

ChainCatcher news, according to Cointelegraph, the Ministry of Finance of Pakistan has approved the establishment of the Pakistan Digital Asset Authority (PDAA) as a regulatory body specifically for overseeing blockchain financial infrastructure. This agency will be responsible for regulating the licensing and operation of exchanges, custodians, wallets, tokenization platforms, stablecoins, and decentralized finance applications.Pakistan's Minister of Finance and Revenue, Muhammad Aurangzeb, stated that the PDAA will be responsible for the tokenization of state-owned assets, government debt management, and utilizing Pakistan's surplus electricity through Bitcoin mining.

ChainCatcher news, according to France24, French Interior Minister Bruno Retailleau will convene cryptocurrency industry professionals this Friday to discuss how to prevent the increasing number of kidnapping incidents targeting cryptocurrency entrepreneurs. This move comes swiftly in response to an incident in downtown Paris where armed assailants attempted to kidnap the daughter and grandson of a CEO of a cryptocurrency trading platform.Recently, France has witnessed several violent kidnapping cases targeting cryptocurrency millionaires, including the heinous incident where Ledger co-founder David Balland was kidnapped and had his fingers severed. The Interior Minister stated that measures will be taken to protect the safety of cryptocurrency practitioners and their families, while also promising to track down the criminals "no matter where they hide."

ChainCatcher news, according to Decrypt, the daughter and grandson of the co-founder of the French cryptocurrency exchange Paymium were the victims of an attempted armed kidnapping in the 11th arrondissement of Paris. Four masked assailants tried to forcibly take the victims away but ultimately fled due to the victims' resistance and intervention from bystanders.According to security expert Jameson Lopp, there have been 22 violent crime cases targeting cryptocurrency-related individuals globally in 2025, a number that is close to the 24 cases recorded for the entire year of 2023.Data shows that there have been at least 6 cryptocurrency-related kidnapping cases in France this year, including the kidnapping and finger amputation incident involving a co-founder of Ledger in January. Such crimes are showing an international trend, with kidnapping cases demanding ransom in cryptocurrency reported in the Philippines, Hong Kong, and Brazil.It is noteworthy that criminals often target the relatives of cryptocurrency practitioners, exploiting the difficult-to-trace nature of digital currencies for extortion. Currently, the Paris police have seized the vehicle used in the crime, and the investigation is ongoing.

ChainCatcher news, according to Inner City Press, former CEO of the cryptocurrency lending platform Celsius, Alex Mashinsky, has been sentenced to 12 years in prison for cryptocurrency-related fraud. The judge has ordered him to surrender by September 12 at the latest.Mashinsky (59) had previously pleaded guilty to two charges of commodity fraud and a fraudulent scheme to manipulate the price of the company's native token (CEL). Prosecutors stated that he "orchestrated one of the largest frauds in the crypto industry" and had suggested a 20-year prison sentence.

ChainCatcher news, former TechCrunch reporter Jacquelyn Melinek posted on social media, "The U.S. Treasury will hold a series of private roundtable meetings with members of the crypto industry next week to discuss ecosystem issues covering various areas such as DeFi, banking, and cybersecurity."

ChainCatcher news, according to Crypto In America, Crypto.com is establishing a new office in the capital center of the United States to expand its business in the country.The official statement indicates that this expansion follows Crypto.com's establishment of its North American headquarters in Texas last October, reflecting a broader industry trend of global cryptocurrency companies returning to or doubling down on operations in the United States.

ChainCatcher news, according to Cointelegraph, the Australian cryptocurrency industry is urging the newly elected Labor government to prioritize digital asset legislation to ensure that Australia does not fall further behind in the global market.Joy Lam, Global Head of Regulatory and Legal Affairs for Binance Asia Pacific, stated that the exchange has been consulting with Treasury officials on legislative proposals since the end of 2023, and now is the time to take action. John O'Loghlen, Managing Director for Coinbase Asia Pacific, called for the establishment of a cryptocurrency asset working group within the first 100 days of the government's term.The Treasury stated that it will release a consultation paper this year, and any legislative reforms will be implemented in phases to minimize disruption to existing businesses. The legislation will focus on the regulation of digital asset platforms and the modernization of payment systems, using the existing Australian Financial Services License (AFSL) framework as a regulatory basis.

ChainCatcher news, JuCoin CEO Sammi Li delivered a keynote speech at the TOKEN2049 conference, analyzing the current challenges in user experience (UX) design within the cryptocurrency industry. Sammi Li believes that the existing experience of cryptocurrency products fails to effectively empathize with users, often leading to usage anxiety, which hinders the mass adoption of Web3. Drawing on her extensive experience in the luxury goods industry, she emphasized that building trust relies on focusing on user emotions and key interaction moments, constructing it through details rather than mere technical rhetoric. JuCoin is applying these user-centered design principles in its Web3 ecosystem development, aiming to lower user barriers and enhance the user experience by optimizing the design of JuChain and related products. She calls on the cryptocurrency industry to collectively rethink and place user experience at a more central position.

ChainCatcher news, according to The Block, the UK Treasury has issued a statement saying it plans to collaborate with the United States to promote innovation in the cryptocurrency industry. Chancellor of the Exchequer Rachel Reeves stated that the UK will establish new regulations for cryptocurrency service providers such as Bitcoin and Ethereum through a "transformation plan" to enhance investor confidence and stimulate growth.Recently, Rachel Reeves discussed digital asset regulatory cooperation with U.S. Treasury Secretary Scott Bessent in Washington, including proposals put forward by SEC Commissioner Hester Peirce. The two countries' treasuries will continue to explore pathways to support the responsible development of digital assets through the "UK-US Financial Regulatory Working Group."

ChainCatcher news, Nick Tomaino, the founder of 1confirmation, stated on X that most people in the crypto industry only focus on the industry itself, and the circle is very closed. Many people just happened to be in the right place at the right time and made huge fortunes, so the desire to replicate past successful models is natural. But that era has ended. Now, it is essential to truly understand mainstream culture and the intersection of the crypto industry with it. In today's crypto space, there is much more cognition, capital, and competition; simply "going with the flow" can no longer lead to easy success.For example, if you want to create on-chain games, you must thoroughly understand everything about Web2 games and build on-chain games based on that knowledge; merely copying the Axie model is far from enough.

ChainCatcher news, despite the continuous pursuit of collaboration between the cryptocurrency industry and the AI field, Nvidia still maintains its rejection of crypto-related projects. Recently, Arbitrum (ARB) was supposed to announce a partnership with Nvidia to become the exclusive Ethereum partner for its Ignition AI Accelerator program, but Nvidia requested to pause the announcement for unspecified reasons.Nvidia stated as early as 2018 that it experienced the "cryptocurrency hangover" due to the impact of the ICO boom. The company's CEO, Jensen Huang, has publicly stated that cryptocurrencies have not brought any benefits to society and criticized the crypto industry for failing to have a positive impact on human society. While Nvidia shows a certain tolerance for blockchain technology, it continues to emphasize its stance of not accepting cryptocurrency projects.

ChainCatcher news, according to South Korean media Newsis, the main right-wing party in South Korea, the People Power Party (PPP), officially announced on April 25 that it will promote new legislation called the "Basic Law for the Promotion of Digital Assets," aimed at fostering the development of the local cryptocurrency industry. The party's policy chief, Kim Sang-hoon, stated that South Korea needs to end the "era of uncertainty and regulation" and usher in a new era of digital asset promotion. He pointed out that excessive regulation has prevented foreign capital from entering the South Korean virtual asset market, and domestic capital is also fleeing. Meanwhile, the Financial Services Commission (FSC) of South Korea is relaxing strict regulations on cryptocurrencies, including gradually lifting the ban on institutional investors investing in cryptocurrencies and considering allowing foreign investors to enter the local market. Details of the bill will be announced next Monday.

ChainCatcher news, according to a report by Reuters, the North Korean hacker group Lazarus Group has registered multiple companies in the United States for cyber attacks targeting cryptocurrency developers. According to a report by cybersecurity firm Silent Push, the hackers registered companies such as Blocknovas LLC and Softglide LLC in New Mexico and New York, using false identities and addresses to distribute malware through fake job opportunities. The FBI has seized the Blocknovas domain, stating that it was used to deceive individuals and spread malicious programs. This behavior violates the sanctions imposed by the U.S. Treasury and the United Nations against North Korea.