The draft revision of the Anti-Money Laundering Law was submitted to the 14th National People's Congress Standing Committee for its first review on April 23. The draft revision consists of 7 chapters and 62 articles, which stipulate that the anti-money laundering administrative department of the State Council shall establish an anti-money laundering monitoring and analysis agency to carry out anti-money laundering fund monitoring and be responsible for receiving and analyzing large-value transactions and suspicious transaction reports.
In terms of improving the anti-money laundering obligations, the draft amendment stipulates that the anti-money laundering obligations of financial institutions mainly include: establishing and improving the anti-money laundering internal control system and effectively implementing it; conducting customer due diligence to understand the customer's identity, transaction background and risk status; preserving customer identity information and transaction records; and effectively implementing the large-value transaction reporting system and suspicious transaction reporting system. In addition, the draft amendment also stipulates that units and individuals shall not engage in money laundering activities or provide convenience for money laundering activities, and shall cooperate with financial institutions and specific non-financial institutions in conducting customer due diligence in accordance with the law. (China News Service) #bitcoin减半事件将在不到24小时发生

Mempool data shows that the current Bitcoin network transaction fees have fallen. The transaction fee for medium priority is currently reported at 669 Sat/byte, and the transaction fee for high priority is currently reported at 735 Sat/byte.
#bitcoin减半事件将在不到24小时发生

Official data from Grayscale shows that as of April 19th, GBTC holds 304,970.433 BTC. In addition, GBTC's assets under management (non-GAAP) are $19,614,091,057.16, with circulating shares of 342,420,100.
#bitcoin减半事件将在不到24小时发生

Binance founder CZ's lawyers countered in a filing that CZ should be sentenced to probation, not prison. (CoinDesk)
Earlier news, the U.S. Department of Justice lawyers submitted a sentencing memo on Tuesday night stating that CZ should be sentenced to 36 months in prison and pay a fine of 50 million U.S. dollars after he pleaded guilty to violating the Bank Secrecy Act in November last year.
Under CZ's plea agreement, he initially faced up to 18 months in prison. The Justice Department argued in its sentencing brief on Tuesday that "the scope and impact of CZ's misconduct were significant" and that "an increased sentence should be appropriate."

Blockchain infrastructure company MultiversX announced a partnership with Web3 infrastructure company Bware Labs to launch a sponsorship program aimed at helping early-stage companies building projects on the MultiversX network obtain necessary resources. Applications are currently open.
#bitcoin减半事件将在不到24小时发生