Hong Kong Exchanges and Clearing has updated rules requiring shareholder approval for auditor appointments or removals, addressing issues like "opinion shopping" and ensuring transparency regarding audit fees. The changes aim to enhance corporate governance following recent financial scandals.

Prediction markets show stark wealth concentration, with 84.1% of Polymarket traders losing money, while just 0.04% hold over 70% of profits. Legislative efforts like the BETS OFF Act aim to regulate betting on sensitive events, as concerns rise over user protections amid the entry of major financial institutions.

The U.S. government plans to provide Anthropic's Mythos AI model to federal agencies, addressing cybersecurity concerns. Despite past tensions, they aim to ensure safeguards are established for safe usage amidst increasing interest in AI technology.

A Nomura survey reveals 80% of institutional investors aim to invest 2-5% in cryptocurrencies, favoring yield strategies like staking and lending. Regulatory clarity and risk management are key to boosting institutional interest in digital assets.

Indonesia's rupiah has hit a record low against the Singapore dollar due to rising oil prices and capital outflows from financial markets. Concerns about demand for Singaporean services and export flows to Indonesia are growing. The central bank's interventions aim to stabilize the currency.

Tether invested $134 million in Stablecoin Development Corporation (SDEV), acquiring influence in Sky Protocol governance. The funds aim to enhance stablecoin infrastructure, signaling Tether's broader investment strategy beyond USDT.

Elice Group, a South Korean AI firm, plans to IPO this year to fund next-gen portable modular data centers. With a revenue increase and a focus on cloud services over education, they aim to expand AI solutions and secure GPU procurement projects.

The Government of the Hong Kong Special Administrative Region signed a cooperation memorandum with the National Internet Information Office to advance technological innovation and support the high-quality development of the digital economy, covering areas such as artificial intelligence and blockchain, with the aim of implementing the country’s “15th Five-Year Plan.” Lee Ka-chiu said it will deepen cross-border data cooperation within the Guangdong-Hong Kong-Macao Greater Bay Area.

The European Central Bank supports transferring regulatory authority over cross-border financial market participants such as crypto-asset service providers to the European Securities and Markets Authority, with the aim of strengthening the integration of the EU capital markets and their competitiveness; the related proposals will be subject to legislative talks between member states and the European Parliament.

SpaceX executive Michael Nicolls said in a memo that xAI’s training performance is poor and clearly behind its competitors. As a result, it decided to reorganize the engineering team, appoint a new leader, and aim to catch up with companies like OpenAI and Google. This move is part of the rebuilding plan pushed by Elon Musk.