Gate News message: On April 13, U.S. Senator Cynthia Lummis posted on social media, saying that the previous administration caused a flight of the digital asset industry. She emphasized that now is the time to set clear regulatory rules for the digital asset industry, welcome it back to the U.S., and urged that the Clarity Act be passed as soon as possible.

U.S. Senator Cynthia Lummis is calling for advancing the 《CLARITY Act》 legislation as soon as possible, warning that otherwise it may take nearly four years to restart the regulatory framework. The bill is intended to provide a clear regulatory structure for the crypto industry and to promote innovation and market development. Multiple industry figures and regulators support the legislation, emphasizing the need to avoid regulatory uncertainty.

Gate News update, April 12, Bloomberg ETF analyst Eric Balchunas disclosed that Bitwise has once again updated its Hyperliquid ETF application filings. The trading symbol is set to BHYP, and the management fee is 67 basis points (0.67%). Eric Balchunas said that this move typically means the ETF will be launched soon.

Gate News message, April 11, Bloomberg ETF analyst Eric Balchunas revealed that Bitwise has once again updated its Hyperliquid ETF application documents. The trading ticker is set to BHYP, and the management fee is 67 basis points (0.67%). Eric Balchunas said this move typically means the ETF will be formally launched soon.

Alibaba confirms it has launched its own video generation model, HappyHorse-1.0, developed by the AI innovation division of Taotian Group. HappyHorse-1.0 performed exceptionally well in third-party evaluations. It has not yet been open-sourced and is consistent with Alibaba’s recent closed-source strategy. The release of the model is intended to respond to competitors’ market performance and strengthen its competitiveness in the MaaS market.

U.S. Treasury Secretary Bessent urged Congress to pass the “Clear Act” as soon as possible to establish a clear regulatory framework for digital assets. He noted that cryptocurrencies have been widely adopted and emphasized that the United States must proactively maintain its leadership position in global financial regulation.

Gate News 消息：据 Gate 的官方公告，Gate will soon list Checkmate (CHECK) spot trading and Flash Exchange trading. CHECK/USDT spot trading will begin at 22:00 on 2026年4月8日 (UTC+8), while Flash Exchange trading will begin at 23:00 on the same day. Withdrawals are expected to open at 22:00 on 2026年4月9日 (UTC+8). Checkmate is the ecosystem token for the chess-themed game Anichess, which is incubated by Animoca Brands. As Chess.com’s sole designated Web3 partner, Anichess—through its unique magic mechanics—has garnered support from top players such as Magnus Carlsen and Anish Giri, and has achieved over 100 million views on platforms including TikTok, Instagram, and Twitch. The CHECK token will power multiple game products within the Checkmate ecosystem. Since 2023, the project has raised $3.3 million in funding from top-tier investment institutions.

The Democratic Party of Korea plans to regulate tokenized real-world assets and stablecoins in the soon-to-be enacted “Framework Act on Digital Assets.” The proposal would require issuers to deposit assets with a trustee-managed trust institution, and classify stablecoins as a means of payment, subject to oversight by foreign exchange regulators. The bill bans earnings from idle stablecoins and calls for the development of interoperable technical standards, aiming to improve market transparency and safety. This marks an important step forward for South Korea’s digital asset regulation.

Cosmos ecosystem non-custodial wallet Leap Wallet announced that it will stop operating on May 28, affecting multiple services and features. Users need to re-delegate ATOM as soon as possible to avoid an interruption in earnings. Even though it is shutting down, the team still believes in the future of the crypto industry.

Gate News message. On April 3, Hyperliquid announced that after the next network upgrade, users whose trading account assets exceed $10k will be able to enable Portfolio Margin without any trading volume requirements. After depositing funds, new users can immediately use this mode to trade. Meanwhile, accounts whose weighted trading volume in the main account reaches $5 million can still enable Portfolio Margin, and this rule remains unchanged.