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The Strategic Bitcoin Reserve Act in Tennessee, USA, will hold a hearing in the Senate Finance Committee on April 20, further advancing the legislative process.

According to Punchbowl, the hearing for Federal Reserve Chair nominee Waller is scheduled for April 21.

According to Jin Shi reports, a source told CNBC that the U.S. Senate Banking Committee will hold a hearing on April 16 to review the nomination of Kevin Warsh as Chairman of the Federal Reserve.Another criminal investigation surrounding the Federal Reserve is still ongoing, examining whether current Chairman Powell made false statements to Congress regarding the expensive renovations of the Federal Reserve's office building. Meanwhile, Warsh's nomination process is still moving forward, which could lead to a conflict between the two parallel processes pushed by the Trump administration.Banking Committee member Thom Tillis has already stated that he will not vote to confirm Warsh until the investigation is concluded, meaning Trump cannot advance both processes simultaneously. However, by continuing to push for the hearing, Trump is clearly still trying to achieve this goal. The Senate Banking Committee has not yet listed the hearing on the public agenda.

According to Punchbowl, two sources familiar with the plans revealed that the Senate Banking Committee plans to hold a nomination hearing for Kevin Warsh to become the Chairman of the Federal Reserve as early as the week of April 13. The specific date is still uncertain and will depend on whether Warsh submits complete materials to the committee.

According to the official blog, Plume Network's General Counsel Salman Banaei stated at a hearing held by the U.S. House Financial Services Committee that tokenized securities should not be viewed as a completely new asset class, nor should new rules or exemptions be created for them.He argued that regulation should be driven by the economic nature and risks of financial products, rather than the technology used, and thus should incorporate new technological realities into the existing regulatory framework through targeted amendments to current regulations.Salman pointed out that utilizing public blockchains and on-chain compliance tools (such as Plume's built-in protocol-level anti-money laundering screening) can significantly enhance market transparency, reduce costs, and decrease reliance on intermediaries while maintaining or even exceeding existing regulatory standards.Finally, Salman issued a warning: the competition for global tokenized infrastructure is accelerating, with regions like Hong Kong, Singapore, and the UAE actively positioning themselves. If the U.S. falls behind in regulation due to policy uncertainty, it risks losing its leadership position in the digital transformation of global capital markets, allowing this strategic opportunity to shift to foreign competitors with different geopolitical objectives.

The U.S. House Financial Services Committee will hold a hearing on "Tokenization and the Future of Securities" on March 25, 2026, at 22:00 (UTC+8) to discuss the impact of security tokenization on capital markets, investor protection, and regulatory frameworks, and to review a legislative proposal requiring the SEC and CFTC to study the tokenization market.Witnesses include SIFMA President Kenneth Bentsen, Blockchain Association CEO Summer Mersinger, DTCC Deputy General Counsel Christian Sabella, Nasdaq Chief Legal and Compliance Officer John Zecca, and Plume Network General Counsel Salman Banaei.

Crypto journalist Eleanor Terrett posted on the X platform that the U.S. House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10 AM (Eastern Time), with Blockchain Association CEO Summer Mersinger attending as an invited witness.

According to CoinDesk, negotiations on the CLARITY Act, a U.S. cryptocurrency market structure bill, have been ongoing for several weeks and are currently in a state of "almost reached."Insiders say that the updated legislative text was submitted to the White House for review on Thursday, and Republican members of the Senate Banking Committee held a meeting that day to discuss how to bridge the final gaps. A long-standing dispute over stablecoin yields is nearing compromise, but lawmakers are still discussing what other concessions can be offered to community banks in exchange for their support, which may include provisions related to recent housing legislation. Democrats continue to demand a ban on government officials profiting from personal cryptocurrency interests (mainly targeting Trump) and require the appointment of a Democratic commissioner to fill a vacancy before the CFTC passes new regulations.Senator Lummis stated that the Coinbase CEO has been more flexible in recent negotiations. Meanwhile, the SEC released its first classification definition of crypto assets this week. The SEC chairman stated that only Congress can rewrite the law, but in the meantime, regulators are providing a responsible regulatory path that the market needs.

According to Jinshi Data, the U.S. Senate has not yet received the hearing-related documents for the Federal Reserve Chair nominee, Waller.

According to The Block, the U.S. Court of Appeals for the Tenth Circuit voted 7 to 3 to deny Custodia Bank's request for an en banc review, upholding the October 2025 panel's ruling that the Federal Reserve has the authority to approve or deny master account applications from eligible institutions.Notably, just days ago, the Kansas City Fed granted Kraken its first limited cryptocurrency master account, while the Federal Reserve is also developing a broader "streamlined master account" framework.Custodia is a Wyoming-chartered special purpose depository institution founded by Wall Street veteran Caitlin Long. The company first applied for a master account in October 2020. The Kansas City Federal Reserve Bank confirmed in early 2021 that there were "no significant issues" with the application, but ultimately denied it in January 2023 due to concerns about the bank's focus on a cryptocurrency business model.Custodia filed a lawsuit in June 2022, initially regarding a 19-month delay in approval, and later argued that the Currency Control Act grants any eligible depository institution the right to obtain a master account by law. Courts at all levels dismissed the lawsuit.

The 60,000 Bitcoin money laundering case will have a "legal applicability issue" hearing in July, with the UK High Court confirming that Fieldfisher, which was involved in the case earlier, will serve as the lead law firm for the hearing. However, the proposal of the lead law firm has sparked controversy, with some law firms concerned that Fieldfisher may gain an information advantage, such as a list of large investment victims, and even take the opportunity to "poach clients" by improperly "inducing" victims to switch law firms.The judge believes that this arrangement does not designate Fieldfisher to represent all victims' asset recovery claims, but only to negotiate with the court on behalf of all victims regarding the "legal applicability issue." Other law firms will still handle their clients' claims individually, and the selection of a lead law firm is intended to improve litigation efficiency.

The Blue Sky Ge Rui case will hold a hearing on "Legal Application Issues" in July. Chinese victims who intend to pursue the UK recovery process need to supplement detailed financial information after completing the preliminary registration, including total investment, amount of loss, and the amount of compensation received along with evidence, by June 18, 2026.It is reported that this hearing will be crucial for the disposal of 60,000 bitcoins. If Chinese law applies, there is a creditor-debtor relationship between the victims and Blue Sky Ge Rui, and the victims can only recover the principal at most; if UK law applies, victims have proprietary rights to the bitcoins, and the appreciated portion of the loss may also be recoverable.

8300 Chinese victims apply for compensation in the case of 60,000 bitcoins related to Qian Zhimin's money laundering, where asset disposal has reached a deadlock, with multiple law firms representing and fighting for themselves. According to the UK judge, there are issues of repeated submissions, repeated debates, and prolonged procedures, and the lawyer fees are also rising, ultimately needing to be paid by the Chinese victims.It is reported that on the eve of the Lunar New Year and the first day of the New Year (February 16 and 17, 2026), the High Court of England will hold a hearing involving over 30 billion yuan, concerning nearly 130,000 Chinese victims. This is the asset disposal procedure for the highly publicized 60,000 bitcoins money laundering case. In addition, the price of bitcoin is highly volatile, and the market value of 60,000 bitcoins has shrunk from a peak of approximately 54 billion yuan on October 6, 2025, to about 31 billion yuan in early February 2026.

The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, was questioned by Democratic lawmakers during a House Financial Services Committee oversight hearing regarding the suspension of enforcement actions against Tron Foundation founder Justin Sun.Senior Democratic lawmaker Maxine Waters emphasized that the SEC has abandoned nearly all previous cryptocurrency enforcement cases since Trump took office and questioned whether Sun's relationship with Trump influenced this. Atkins stated that he could not discuss individual cases but was willing to provide confidential briefings within the limits of the rules. At the same time, Atkins confirmed that the SEC is working with the CFTC to develop cryptocurrency regulatory rules consistent with the Clarity Act to clarify the jurisdiction of the two agencies.

Coinbase Chief Legal Officer Paul Grewal stated on the X platform that the U.S. Congress has granted the Commodity Futures Trading Commission (CFTC) exclusive jurisdiction over the launch of related prediction market contracts. The latest news is that a federal court hearing in Nevada has been scheduled for next week, and he also expressed gratitude for the handling of the relevant court matters.Paul Grewal previously stated that Nevada regulators attempted to unilaterally prevent the launch of any prediction market event contracts without giving Coinbase an opportunity to defend itself, and that due process should at least include the opportunity to obtain a hearing.

U.S. Senator Elizabeth Warren is calling for Congress to hold hearings on the $500 million acquisition of WLFI equity by UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan. Reports indicate that the transaction documents were signed by Eric Trump, with approximately $187 million flowing directly into entities related to the Trump family, and at least $31 million going to entities associated with Trump ally Steve Witkoff.Elizabeth Warren stated that this move is "purely a corrupt act" and urged the Trump administration to rescind its decision to sell sensitive artificial intelligence chips to the UAE. She also called for Trump administration officials, including Steve Witkoff, David Sacks, and Commerce Secretary Howard Lutnick, to testify before Congress on related issues, claiming that they jeopardize U.S. national security for the benefit of a president-associated cryptocurrency company.

This week, the High Court of England held a hearing in Manchester regarding the civil recovery case of Qian Zhimin's Bitcoin. However, this was a typical procedural hearing and did not make any rulings on asset ownership, compensation schemes, or substantive legal issues. The core issue of the hearing was who would represent the large number of Chinese victims. Judge Turner expressed concerns about the current situation multiple times, as more and more law firms are representing different groups of Chinese victims and making claims under Section 281 of the POCA. The High Court is facing the real risk of "agent proliferation." Additionally, Judge Turner also mentioned another judicial process being concurrently advanced by the High Court, concerning the UK bankruptcy liquidation process of Blue Sky Grey. It is reported that a subsequent hearing is scheduled for February 16-17, during which further arrangements or guidance may be provided regarding the specific impact of the bankruptcy liquidation process on the civil recovery case.

Galaxy Research Director Alex Thorn posted on the X platform that a key hearing in the legislative process for cryptocurrency market structure will take place next week. Republican members of the Senate Agriculture Committee have released a discussion draft of the "Digital Commodities Consumer Protection Act." This bill is expected to be merged with related legislative content completed by the Senate Banking Committee to form a comprehensive "Cryptocurrency Market Structure Act."As the Senate Agriculture Committee is responsible for overseeing the U.S. Commodity Futures Trading Commission (CFTC), this draft primarily focuses on the digital commodities market, with the core content being to grant the CFTC exclusive regulatory authority over the spot cryptocurrency market, including cryptocurrency trading platforms, dealers, and brokers. The committee plans to hold a hearing on the bill's amendments on January 27 (Tuesday), during which bipartisan lawmakers may propose amendments. Although the commodity attributes section (including the CFTC's regulatory authority over the spot market) is generally considered less controversial than the securities attributes section in the cryptocurrency market structure discussions, this discussion draft still carries a noticeable partisan tone. It has not yet received the endorsement of key Democratic negotiators, although many provisions previously negotiated with Democrats have been included. Overall, the legislative text from the Senate Agriculture Committee aligns with market expectations, with its core being the establishment of a regulatory framework for the digital commodities spot market centered around the CFTC. Compared to the related topics being discussed by the Senate Banking Committee, this version has a narrower scope and is relatively less politically sensitive and controversial.

Galaxy research director Alex Thorn posted on X platform that U.S. Senate Banking Committee Chairman Tim Scott has announced the postponement of the hearing on the cryptocurrency market structure bill. It is reported that the issue of stablecoin yields is a key sticking point in the negotiations, with banking lobby groups actively pushing to restrict stablecoin rewards, fearing that interest-bearing stablecoins could siphon off bank deposits and undermine the stability of the banking system. The compromise proposal put forward to gain support from lawmakers was ultimately deemed unacceptable by the stablecoin industry, with some believing that this issue is vital to their survival. Other unresolved issues include restrictions on DeFi and illegal activities, as well as limitations on tokenized securities innovation.In addition, Alex Thorn revealed that although Tim Scott has not announced a new hearing date, the Senate will be in recess next week, meaning the earliest possible time for the Banking Committee to reconvene for the revised hearing could be the week of January 26 to 30. The Senate Agriculture Committee, which handles CFTC-related matters, has also postponed its revised hearing to January 27.

Galaxy Research Director Alex Thorn posted on the X platform that, although U.S. Senate Banking Committee Chairman Tim Scott has not announced a new hearing date, the Banking Committee may reconvene for a revised hearing as early as the week of January 26 to 30, since the Senate will be in recess next week. The Senate Agriculture Committee, which handles CFTC-related matters, has also postponed its revised hearing to January 27.Previously, Tim Scott announced the postponement of the hearing on the cryptocurrency market structure bill. It is reported that the issue of stablecoin yields is a key sticking point in the negotiations. Banking lobby groups are actively pushing to restrict stablecoin rewards, fearing that interest-bearing stablecoins could siphon off bank deposits and undermine the stability of the banking system. Compromise proposals put forward to gain support from lawmakers were ultimately deemed unacceptable by the stablecoin industry. Some believe this issue is vital to their survival, while other unresolved issues include restrictions on DeFi and illegal activities, as well as limitations on tokenized securities innovation.