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Despite legal setbacks, CZ continues to engage in crypto advisory roles, defending his reputation against Bloomberg’s renewed claims. Binance remains the top crypto exchange by volume, with BNB showing bullish technical patterns despite regulatory pressures. Following previous Crypto News Flash (CNF) report on the filing of Binance CEO defamation lawsuit against Bloomberg’s subsidiary in Hong Kong, Changpeng “CZ” Zhao is once again at the center of controversy, responding to renewed scrutiny from Bloomberg regarding his advisory roles in global crypto policy. Despite stepping down as Binance CEO in November 2023 after pleading guilty to U.S. money laundering charges and serving a four-month sentence in 2024, CZ remains active in shaping digital asset regulations worldwide. In his recent tweet, he pointed out that: Instead of writing an issue with evidence, they pick a person and write fictional attacks with zero evidence. I heard that Bloomberg may cancel its entire investigative journalism division soon, due to its low ethical standards. Beforehand, in recent months, CZ has advised governments in Kyrgyzstan, Pakistan, and Malaysia on developing crypto-friendly frameworks. His meeting with Malaysia’s Prime Minister to discuss the country’s potential as a crypto hub was notably highlighted in a Bloomberg article. The publication emphasized his past legal issues, questioning the appropriateness of his involvement in regulatory matters. CZ criticized Bloomberg for what he perceives as a pattern of misrepresentation, stating that his comments were taken out of context to sensationalize the story. In addition to CNF updates earlier, BNB price was reported to have surged, and it was spotted that two bullish patterns in the BNB price chart have tipped the asset to hit $1,500 this year. According to reports, despite the controversies surrounding its founder, Binance continues to thrive. The exchange remains the largest by daily trading volume, and its native token, BNB, has shown resilience in the market. To this end, the broader cryptocurrency market also shows signs of recovery, with Ethereum experiencing a 11.75% surge over the past week, reaching $1,771. This positive momentum indicates growing investor confidence, even as regulatory challenges persist, according to Binance. At the time of writing, Binance Coin (BNB) is trading at approximately $605.75 USD, reflecting an increase of 1.41% in the past day and 2.65% in the past week, according to Coin Market Cap data. See BNB price chart below.

Japan may be on the brink of a financial revolution. Taking a strategic move, entrepreneur Samson Mow, the CEO of JAN3, and Japanese lawmaker Satoshi Hamada urged the nation to adopt a national Bitcoin strategy. With the digital asset gaining global traction as a hedge against inflation, the two leaders emphasized that the nation must act quickly in adopting the strategy or risk falling behind in the financial run. This discussion arose after Hamada made attempts to establish a Strategic Bitcoin Reserve in early December, emphasizing that the reserve would protect Japan’s economy against inflation and fluctuations in the global market. Further, he asserted that the decentralized nature of Bitcoin offers multiple disciplines in economic freedom, compared to traditional financial systems. Mow and Hamada expressed their opinions on Japan’s current standing in the Bitcoin community. The duo agreed that integrating the Bitcoin strategy will make Japan one of the pioneers in the adoption of virtual currencies, prompting discussion over how Bitcoin could help Japan capitalise on the cryptocurrency’s potential for long-term growth. Both leaders stressed the importance of taking proactive measures. They asserted that while Bitcoin gains global traction, Japan must move swiftly to remain competitive as a potential global financial hub. Further, they explored how Bitcoin is capable of delivering economic stability, differing from traditional fiat currencies. Related: Could Japan Follow Trump’s Bitcoin Strategy? Here’s What We Know With Bitcoins as the central focus, Mow stated that Japan’s future economy must involve the asset, noting that several countries have already adopted it in their fiscal systems. The discussion highlighted that further efforts are needed to unlock the benefits of those technologies, which require Bitcoin. Notably, El Salvador made headlines in 2021 for making Bitcoin its legal currency. The Central American country had only 6.3M members when it gave Bitcoin its legal status. The overall meeting served as an opportunity to raise awareness about Bitcoin. Further, Mow and Hamada’s call may prompt Japan to take the necessary measures to incorporate the digital currency into its central economic planning. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Aptos’ technologies made real-world inroads, by powering the digital wallet for World Expo 2025 in Osaka, Japan. Just one week after the Expo opened April 13th, the Aptos-based wallet saw impressive user engagement: over 558,000 on-chain transactions and more than 133,000 new accounts created, showcasing its ability to perform at scale. Designed for mass adoption, the Aptos-powered wallet requires no prior blockchain knowledge. Visitors can easily collect unique NFT “soulbound” passport stamps as digital souvenirs from different pavilions using simple onboarding. Early feedback highlights this user-friendliness, even for those new to Web3. Related: Aptos Post Causes Speculation Regarding Pump.fun Migration or Collaboration This Expo integration provides Aptos crucial real-world validation on a global stage. Founders in the Aptos Horizon accelerator noted the Expo’s immense scale, featuring large national pavilions that attract millions. Success here powerfully demonstrates Aptos’s capabilities. Related: Bitwise Files for Aptos ETF: APT Price Jumps 12% – Market Reacts Aptos is also leveraging the Expo across Osaka. A joint ad campaign with partner HashPort runs at the city’s main train station for high visibility. Concurrently, the Aptos Horizon accelerator launched at Osaka Innovation Hub (OIH), backed by partners like NTT West, with ten projects building Expo-related blockchain tools. Aptos’ activities in Japan extend beyond the Expo grounds. A joint advertisement with partner HashPort is currently on exhibition at Osaka Main Station, marking one of the project’s most visible public placements. Additionally, the opening ceremony for the Aptos Horizon program took place at the Osaka Innovation Hub (OIH), supported by partners including NTT West, AngelHack, and OIH Osaka. Moreover, ten projects participating in the accelerator are expected to develop blockchain-based tools aligned with Expo goals. The Expo is anticipated to run through the end of October 2025, offering Aptos an extended period to showcase the scalability and accessibility of its blockchain services. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The SEC is changing its face, and with it perhaps the future of crypto regulation in the United States. With Paul Atkins at the helm, the sector finally envisions a more coherent and innovation-friendly approach. A decisive turning point for an ecosystem seeking clarity, after years of legal uncertainty. At his inaugural ceremony, in the presence of Donald Trump, Paul Atkins, the new SEC chairman, declared that crypto asset regulation would be his “top priority“. He promised a “rational, coherent and principle-based” approach to provide a solid regulatory foundation for the sector. He also expressed his ambition to make the United States “the safest and most favorable country in the world for crypto-related activities“. A strong commitment that contrasts with the hard stance of his predecessor, Gary Gensler . This new direction is welcomed by several major figures in the industry. Michael Saylor, executive chairman of Strategy, stated that “Paul Atkins will be good for Bitcoin“. Even Grok, the artificial intelligence from xAI, Elon Musk’s company, described Atkins as a “wise choice to transform the United States into a global crypto hub“. Mitchell DiRaimondo, founder of SteelWave Digital, emphasized that this change is arriving at a crucial time: “Atkins brings clarity where the sector desperately needs it”. The crypto community sees Atkins as an ally. His approach, more open to innovation, contrasts with the policies often seen as repressive from Gary Gensler, accused of “over-regulation“. Following these declarations, the crypto market is likely to react quickly, probably positively. The optimism generated by Paul Atkins and his will for favorable regulation will revive investor interest. This momentum could mark the beginning of a new bullish wave, driven by the prospect of a finally stabilized regulatory framework. As the SEC plays a central role in the regulatory future of crypto assets, Paul Atkins’ presidency could well signal renewal. It remains to be seen if he will keep his promises, but the message sent to the crypto sector is clear: constructive dialogue finally seems possible. Hopefully, he will not face the same pressures that Jerome Powell faced from Trump .

Saudi Arabia, represented by its Communications, Space, and Technology Commission (CST) has drafted a Global AI Hub Law, which it notes will contribute to a legislative and regulatory environment that will attract investments in technology with a special focus on data centers and AI ( Artificial Intelligence) As per the announcement , the law aims to endorse Saudi Arabia’s position as a global digital hub and influential leader in the global digital economy. The law will support innovation, entrepreneurship, research, and development in advanced technologies across various digital solutions. Additionally, it will enable the establishment of sovereign data centers that ensure service continuity and data sovereignty beyond borders, while fostering investment in data and AI services to drive market growth and support sustainable digital infrastructure. The Global AI Hub includes three advanced models. The first model is “Private Center”, targeting various countries around the world to host their data and services in the Kingdom. The second model is “Extended Center”, operated by authorized entities serving themselves or others under a Guest Country’s laws, and the third is “Virtual Center”, which targets major AI and Cloud Computing companies to host their worldwide customers in the Kingdom according to levels of sovereignty and privileges suitable for their customers. The law aligns with relevant international treaty frameworks and principles. Private and Extended Hubs require bilateral agreements with the Kingdom and must comply with cybersecurity, data protection, and international legal standards. Virtual Hubs allow data to be governed entirely by the foreign state’s laws. The draft law also empowers the Council of Ministers to regulate, enforce, and terminate agreements to protect national sovereignty or in the absence of diplomatic ties. CST is calling on governmental and private entities, investors, and interested parties to share their perspectives and suggestions. CST wants to involve all stakeholders in a transparent manner. The feedback starts from April 14, 2025, until May 14, 2025, through the Public Consultation Platform. In 2024, Saudi Arabia announced a $100 billion AI initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighboring United Arab Emirates and other global technology centers. This unprecedented investment will focus on building state-of-the-art data centers, supporting startups, and expanding AI infrastructure to drive both domestic growth and international competitiveness. In February 2025, during the fourth edition of the LEAP 25 tech conference in KSA, the first day of the event witnessed major investments and strategic partnerships exceeding a total value of $14.9 billion in infrastructure and artificial intelligence (AI). Saudi Arabia’s digital health market is expected to grow from US$3.2 billion in 2024 to US$13.3 billion by 2031, with investments focused on AI diagnostics and improved care delivery. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More