China's Financial Law Draft aims to unify financial legislation, granting regulators expansive investigative powers. While it strengthens oversight, it lacks focus on emerging sectors like AI and digital currencies, highlighting the need for balance between regulation and innovation.

Vitalik Buterin and Aya Miyaguchi will speak at the Hong Kong Ethereum Community Hub opening on April 21. The hub, Asia's first Ethereum-backed space, aims to connect Eastern and Western ecosystems with discussions on key topics like zero-knowledge proofs and AI.

Hong Kong police revealed a cryptocurrency fraud where a woman lost HK$7.7 million to scammers posing as investment experts via Telegram, promising high returns through AI trading. The police warned the public of the risks associated with cryptocurrency investments.

Allor Network partnered with Band Protocol to enhance AI-driven Web3 applications by integrating Allor's AI network with Band's decentralized oracle infrastructure, improving access to real-world data for blockchain applications.

Worldwide app launches surged 60% year-on-year in Q1 2026, with iOS releases up 80%. AI apps drive growth, but retention and refund rates are concerning. Games dominate launches, while subscription apps, especially on iOS, are increasingly incorporating AI technology.

Ethereum co-founder Joseph Lubin emphasized the transformative potential of AI for the cryptocurrency sector while cautioning against the risks of centralization among tech giants. He envisions AI-driven autonomous transactions on blockchain and highlights the convergence of traditional finance with DeFi.

DeepSeek, a Chinese AI startup, is negotiating its first external funding round, aiming for at least $300 million at a $10 billion valuation. Despite previous rejections of investment offers, its fundraising discussions are now reportedly underway.

Hyundai Motor Group is restructuring to focus on AI and robotics, reducing traditional operations. It plans a $34.3 billion investment in robotics by 2030 and aims to launch a robotics-as-a-service model, collaborating with Google DeepMind and NVIDIA.

Luffa, a Web3 social ecosystem, partnered with a digital asset trading platform to integrate AI-driven trading features, enhancing secure communication and trading in a unified interface while maintaining decentralization and risk mitigation.

DGrid AI partners with Stable to integrate AI into blockchain payment systems, simplifying access for developers and enhancing scalability for AI-driven financial applications. This collaboration aims to advance the intersection of AI and blockchain in digital finance.