Gate News message, April 21 — SoFi announced that its crypto business now supports XRP deposits, but the platform currently does not allow withdrawals to external wallets. Users can only hold or trade XRP within the platform and cannot transfer tokens to on-chain wallets. Some users criticized the

Poland fails to override Nawrocki's veto on crypto regulation, delaying MiCA alignment by the July 1 deadline as firms relocate to Latvia, Czech Republic, Lithuania, and Malta amid regulatory uncertainty. Poland's parliament again blocks the crypto regulation by Nawrocki's veto, leaving MiCA alignment to a future date and spurring domestic firms to move operations to other EU member states. The dispute centers on concerns about overregulation and broad KNF powers, intensifying political tensions and accelerating crypto outflows before MiCA's transition ends.

A certain trading platform has been awarded a Money Services Business license by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) for its cryptocurrency asset services. The license authorizes the platform to conduct crypto-asset business in the U.S. and other jurisdictions. The license indicates that its anti-money-laundering and user protection standards are up to par, with KYC, funds tracking, and continuous monitoring already integrated. It has deployed a multi-node infrastructure, business segregation, and real-time alerting, while risk controls have been optimized to support high-concurrency trading. It also plans to expand into emerging markets through localization and multilingual services, bringing crypto trading into the international financial system.

Gate News message, April 21 — According to the latest weekly report, JUST protocol's total value locked (TVL) reached $11.4 billion, capturing 41.83% market share in Tron's DeFi ecosystem. The protocol's core lending business remains robust, with deposit volume exceeding $3.75 billion. Through

Hong Kong is unveiling its first five-year development plan to enhance its RMB business and wealth management hub status. Legislative reforms will improve liquidity and competitiveness, as Hong Kong seeks to strengthen its role in global finance amidst changing geopolitical dynamics.

Nas.com, founded by Nuseir Yassin of Nas Daily, raised $27 million in Series A funding led by Khosla Ventures. This highlights a trend of creators moving into tech, leveraging their audiences for business growth.

Nigerian fintech Trade Lenda has been named a semifinalist for the Milken-Motsepe Prize in Fintech, winning $100,000 and showcasing its business at an event in Abu Dhabi. Founded in 2021, it provides quick credit to small businesses, raising significant funding and achieving rapid growth.

American Express rolls out a merchant business development toolkit, promising transaction protection for erroneous purchases generated by AI agents, and strengthening existing dispute-resolution mechanisms. Several payment companies are also paying attention to this area, while American Express explores the use of stablecoins in settlement applications.

Gate News updates. On April 14, People’s Daily published an article titled “Disrupting the capital markets: these irregularities by finance-and-economics self-media accounts need to be on high alert,” which singled out and criticized certain accounts that drive users to virtual-coin trading by publishing false yield information such as “one hundredfold coins” and “making millions every month trading coins.” The article cites a notice previously issued by eight departments, including the People’s Bank of China, emphasizing that business activities related to virtual currencies constitute illegal financial activities. The article states that accounts and platforms suspected of providing referral traffic and technical services for illegal virtual currency trading may violate laws and regulations and could threaten financial security and anti–money laundering efforts.