Clearstream, the post-trade division of Deutsche Boerse, announced that it will start providing cryptocurrency settlement and custody services for institutional clients in April this year.

Citigroup's strategist has downgraded the rating of the U.S. stock market from overweight to neutral, while upgrading the rating of the Chinese stock market to overweight, citing that "the U.S. exceptionalism has at least been suspended."

Web3 data and AI company Validation Cloud announced the completion of a $15 million Series A financing round, led by True Global Ventures, with participation from Cadenza, Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital. It is reported that the company's collateral assets have exceeded $1.5 billion, with clients including Chainlink, Aptos, Consensys, Stellar, and Hedera. The new funds will support its expansion in the areas of blockchain intelligence, AI data, and more.

White House AI and cryptocurrency chief David Sacks posted on social media, "The early sale of Bitcoin by the US government has cost American taxpayers over $17 billion. Now, the federal government will develop a strategy to maximize the value of its Bitcoin holdings."

White House AI and cryptocurrency chief David Sacks posted on social media that President Trump's executive order also established the U.S. Digital Asset Reserve, which includes digital assets other than Bitcoin confiscated in criminal or civil litigation. In addition to assets obtained through confiscation procedures, the government will not acquire other assets for the reserve assets. The purpose of the reserve is to manage government digital assets under the leadership of the Treasury Department.

Forbes reporter Eleanor Terrett wrote on X platform that Trump's executive order will establish two different digital asset storage mechanisms: Bitcoin Strategic Reserve and Digital Asset Reserve. The Bitcoin Strategic Reserve will contain approximately 200,000 BTC obtained through criminal and civil forfeitures, with the government authorized to explore ways to acquire more bitcoin without increasing the taxpayer burden. The Digital Asset Reserve will include other digital assets such as XRP, ADA, ETH, and SOL, but the government will not actively seek to purchase these assets. The executive order also requires a comprehensive audit of all digital assets held by the government. According to David Sacks, the purpose of the reserves is "responsible management of government digital assets by the U.S. Treasury Department."

Hong Kong Legislative Councilor Wu Jiezhuang said that Hong Kong does not have an official currency. Some citizens and Web3 practitioners have asked me about someone impersonating the Chief Executive to post on the X platform that they will launch the Hong Kong Coin on the Solana chain (launch of the National Hong Kong Coin). The government has sternly clarified that the information is absolutely false and intentionally deceptive. Please remember to be careful and not to mislead and fall victim to fraud.

US President Trump said on Monday local time that he told the Japanese leader that they cannot continue to devalue their currency because it is unfair to the US.

American AI and cryptocurrency czar David Sacks tweeted, "Before the management started, I had sold all of his cryptocurrencies (including BTC, ETH, and SOL)."

Title: Electronic Cash Without a Trusted Third Party