Gate News message, April 22 — North Carolina has officially introduced House Bill 1029, the Digital Asset and Stablecoin Act, marking the state's entry into crypto regulation. The bill, developed following recommendations from a dedicated blockchain committee, aims to integrate digital assets into t

Abstract: Russia's State Duma gave first reading to Bill No. 1194918-8, "On Digital Currency and Digital Rights," to establish a comprehensive regulatory framework for digital assets with Bank of Russia–supervised licensed intermediaries, a ban on unlicensed platforms by 2027, retail investment caps and tests, and a prohibition on using crypto for payments. Russia's Duma advanced a bill establishing a state-regulated crypto regime: licensed intermediaries under the Bank of Russia, July 2027 ban on unlicensed platforms, retail limits and liquidity tests, and a ban on payments with crypto.

The PACE Act would let qualified digital asset and fintech firms access the Fed's payment system, aiming to cut delays and costs through direct Fed access, with regulatory safeguards and consumer protections. Abstract: The U.S. House introduced the Payments Access and Consumer Efficiency (PACE) Act to allow qualified digital asset, fintech, and other service providers to connect directly to the Federal Reserve's payment system. The bipartisan bill, by Reps. Young Kim and Sam Redo, aims to cut delays and fees by enabling direct Fed access under OCC oversight, with streamlined registration, consumer protections, supervisory enforcement, and bankruptcy provisions. Industry advocates argue that direct access would foster faster, cheaper, and more competitive payment services while maintaining safeguards for innovation.

Gate News message, April 21 — U.S. President Donald Trump said he held a productive meeting with Anthropic at the White House, describing the company's team as highly intelligent and expressing confidence in their working relationship. Trump indicated that a potential deal with Anthropic may be

Sen. Tillis requests delaying CLARITY Act markup to May due to unresolved stablecoin yield provisions, as banks seek tighter restrictions and crypto groups push to keep yield offerings; White House talks failed, delaying action.

Huawei has launched AI glasses in China, featuring an in-house chip and various smart functions. The global AI glasses market saw a significant increase in shipments, with China becoming the second-largest market.

Patrick Witt announced at the Solana Policy Institute summit that the White House mediated a stablecoin dispute to advance the Clarity Act. The compromise allows banks and crypto firms to together address regulatory concerns, with future focus on crypto taxation and blockchain integration strategies among financial institutions.

House Republicans proposed the Deterring American AI Model Theft Act to target Chinese and Russian entities misusing U.S. AI models. The bill, under review, may lead to sanctions or blacklisting, potentially accelerating China's tech self-reliance despite the U.S.'s ongoing chip advantage.

Hannam University has launched a GPU data center project in Daejeon, South Korea, set to house over 62,500 GPUs at a cost of $1.9 billion. Supermicro is in charge of GPU procurement, and the facility aims to support up to 320,000 GPUs with advanced cooling systems.

A White House report argues against banning stablecoin yields, highlighting minimal benefits for bank lending and reduced consumer earnings. Key officials support the CLARITY Act, but the Senate Banking Committee's timeline remains uncertain, affecting the bill's chances before summer recess.