JH Kim

According to the virtual asset (cryptocurrency) specialized media WuBlockchain on the 3rd (local time), the National Investment Agency under the President of Kyrgyzstan signed a Memorandum of Understanding (MOU) with Changpeng Zhao, co-founder of Binance. This cooperation includes infrastructure construction, technical support, professional consulting, and educational programs in the field of blockchain and digital assets. The President of Kyrgyzstan stated in a statement, "Based on this agreement, Kyrgyzstan plans to actively enter the blockchain industry."

Changpeng Zhao, co-founder of Binance, announced on the 3rd (local time) via X (formerly Twitter) that he is advising some national governments on virtual asset (cryptocurrency) regulatory frameworks and blockchain solutions. He stated, "I am advising some governments, both officially and unofficially, on virtual asset regulatory systems and ways to enhance administrative efficiency through blockchain adoption," adding that "expanding the application of blockchain in the public sector is a very meaningful task."

According to Reuters on the 3rd (local time), Howard Lutnick, the US Secretary of Commerce, stated that "it is impossible for President Donald Trump to repeal the tariff measures," adding that "the President will negotiate if other countries resolve tariff and non-tariff barrier issues."

Crypto asset management firm Bitwise announced on the 3rd (local time) via X (formerly Twitter) that it has launched three active option income strategy ETFs (IMST, ICOI, IMRA) based on MicroStrategy (MSTR), Coinbase (COIN), and Marathon Digital (MARA). These ETFs are structured to distribute monthly income by holding stocks and selling call options with high strike prices.

The three major indices of the U.S. stock market are showing a downward trend. The Nasdaq Composite Index is trading at 16,658.03 points, down 5.36% from the previous day as of 00:21 on the 4th. The Dow Jones Index is down 3.41% at 40,783.45 points, and the S&P 500 Index is down 4.06% at 5,440.91 points.

According to NBC on the 2nd (local time), US President Donald Trump signed an executive order on differentiated reciprocal tariffs by country, with basic tariffs set to be imposed from the 5th and country-specific tariffs from the 9th. Meanwhile, President Trump announced a 25% reciprocal tariff on South Korea. China will face 34%, Japan 24%, and the EU 20%.

According to NBC on the 2nd (local time), U.S. President Donald Trump announced that a 25% reciprocal tariff will be imposed on South Korea. China is 34%, Japan is 24%, and the EU is 20%.

According to NBC on the 2nd (local time), U.S. President Donald Trump stated that "81% of Korean imported cars are being produced in Korea" and "also, Korea is imposing an actual 50% tariff on American rice."

According to NBC on the 2nd (local time), US President Donald Trump stood at the podium for the announcement of reciprocal tariffs and stated, "April 2, 2025, will be the day when American industry was revived," and "It will be forever remembered as the day when America's destiny was restored, and the day we began to make America prosperous again."

The three major indices of the U.S. stock market closed higher. The Nasdaq Composite Index rose 0.87% from the previous day to 17,601.05 points. The Dow Jones Index rose 0.72% to 42,291.19 points, and the S&P 500 Index closed at 5,675.48 points, up 0.75%.

On the 2nd (local time), Elon Musk addressed the spreading news that he would step down as the head of the Department of Government Efficiency (D.O.G.E) by stating on his X that it was 'fake news.' Previously, White House spokesperson Caroline Levitt mentioned, 'The Politico exclusive article stating that President Donald Trump told his aides that Elon Musk would step down from his current position in the coming weeks is not an exclusive,' adding, 'Both Musk and President Trump have already mentioned in official settings that Musk would step down from his position once he completes his duties related to government efficiency.'

According to Bloomberg on the 2nd (local time), Andrew Cuomo, former Governor of New York and current candidate for New York Mayor, was found to have served as an advisor to OKX in the past. Sources indicate that Andrew Cuomo, after stepping down in 2021 due to allegations of sexual harassment, advised OKX on policy issues and how to respond to investigations by the FBI and the Southern District of New York Prosecutor's Office.

According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrency), the Depository Trust & Clearing Corporation (DTCC) is launching a blockchain-based platform for tokenized collateral management. By tokenizing collateral on blockchain rails and approving real-time transfers and automation through smart contracts, it aims to solve the inefficiency issues of existing systems. Meanwhile, DTCC plans to unveil the platform at an industry event on April 23 and intends to establish global standards for tokenized collateral in collaboration with regulatory agencies.

Caroline Levitt, the White House spokesperson, stated on the 2nd (local time) on X(formerly Twitter) that "the Politico scoop claiming President Donald Trump told aides 'Elon Musk will step down from his current position in the coming weeks' is not a scoop," adding that "Musk and President Trump have already mentioned in public that Musk will step down once he completes his duties in the government efficiency-related department."

The three major U.S. stock indices are showing an upward trend. The Nasdaq Composite Index is trading at 17,516.57 points, up 0.38% from the previous day as of 01:04 on the 3rd. The Dow Jones Index is up 0.20% at 42,074.39 points, and the S&P 500 Index is recording a 0.24% increase at 5,646.37 points.

Eleanor Terrett, host of Crypto in America, reported on the 2nd (local time) via X (formerly Twitter) that Eliezer Mishory, Chief Regulatory Officer (CRO) and legal counsel of the cryptocurrency-based prediction market Kalshi, is set to leave the company and join the Department of Government Efficiency (D.O.G.E). Eliezer Mishory has experience working at the Internal Revenue Service (IRS) and has served as a special advisor to Brian Quintenz, who was nominated by U.S. President Donald Trump as the Chairman of the Commodity Futures Trading Commission (CFTC).

On the 2nd (local time), according to the cryptocurrency-focused media The Block, the cryptocurrency financial services company Galaxy Digital has obtained a derivatives trading license from the UK's Financial Conduct Authority (FCA). Currently, 51 cryptocurrency companies, including Coinbase, Fidelity, and Kraken, have obtained FCA licenses. Meanwhile, BlackRock has also recently secured a license to operate cryptocurrency services.

According to Politico on the 2nd (local time), U.S. President Donald Trump told his aides that "Elon Musk will step down from his current position within the next few weeks." Currently, Musk is leading the Department of Government Efficiency (DOGE).