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President Trump will sign an executive order to expand access to retirement savings plans.

1 hours ago

On April 30, Bloomberg reported that a White House official disclosed Donald Trump will sign an executive order aimed at expanding access to retirement savings plans for workers whose employers don’t offer retirement benefits—this is viewed as part of the U.S. government’s renewed focus on economic issues. The official shared the details on condition of anonymity ahead of the public announcement. Earlier reports noted the White House had greenlit a proposal to allow cryptocurrency in 401(k) retirement plans.
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OpenAI-backed Robotics Startup 1X Opens New Factory in the United States

Bloomberg reports (via Dynam.AI Beating monitoring on Telegram @OneMillion_AI) that 1X Technologies — a Norwegian-founded, OpenAI-backed robotics startup — has opened a 58,000-square-foot factory in Hayward, California, to lead mass production of consumer-grade humanoid robots. Built in just months, the facility will serve as the company’s manufacturing hub, with an initial annual capacity of 10,000 robots. 1X executives note the firm aims to produce 100,000 robots by the end of 2027 and is also constructing a larger production facility in San Carlos, California. The company expects to begin shipping products by the end of this year.

15 minutes ago

Trump Proposes New Plan to Open Hormuz Strait

April 30 (AP) — Former President Donald Trump has proposed a new plan to reopen the Strait of Hormuz, the Associated Press reported Wednesday. A senior administration official said the plan calls for the U.S. to keep blocking Iranian ports while coordinating with allies to ratchet up pressure on Iran’s efforts to disrupt the free flow of energy. The anonymous official added Trump is weighing multiple diplomatic and policy options to force Iran to relinquish control of the strategic waterway.

15 minutes ago

Coinbase Asset Management, a subsidiary of Coinbase, has launched the "Digital Credit Strategy" and introduced a Tokenized Share Class.

April 30 — Coinbase’s Asset Management division has launched CUSHY, a digital credit strategy that links the traditional credit market to the fast-growing digital asset ecosystem, per official sources. For eligible investors and institutional clients, CUSHY offers tokenized shares with transparency and 24/7 on-chain access, backed by FundOS. FundOS is a next-gen integrated platform from Superstate that enables asset managers to tokenize funds. Superstate connects traditional financial assets to the crypto capital market via on-chain public listings and tokenized investment products, expanding investment channels, boosting liquidity, and driving capital formation. CUSHY is structured as a diversified opportunistic credit strategy, targeting additional yield opportunities created by capital migrating to the blockchain.

15 minutes ago

The FCA has issued guidance to support the innovative development of the fund tokenization sector

April 30 Official sources confirm the UK Financial Conduct Authority (FCA) has released new guidance clarifying how businesses can leverage Distributed Ledger Technology (DLT) under the regulator’s existing rulebook. The new rules will also boost fund transaction efficiency—including an optional “Direct to Fund (D2F)” model that lets investors transact directly with funds, whether those funds are traditional or tokenized. The FCA noted it collaborated closely with industry stakeholders to craft this guidance and rules, aimed at supporting innovation and improving asset management efficiency.

15 minutes ago

U.S. Stock Market Open, Dow Rises 0.45%

Per Bitget market data, U.S. stocks opened on April 30 with the Dow Jones Industrial Average up 0.45%, the S&P 500 gaining 0.36%, and the Nasdaq Composite rising 0.57%.

15 minutes ago

Japan Intervenes in Foreign Exchange Market

April 30 – The Japanese government and Bank of Japan (BOJ) intervened in foreign exchange markets on April 30 by buying yen and selling U.S. dollars, Nikkei Asian Review reported. The yen earlier hit a 19-month low against the dollar, with the exchange rate rising above 160 yen per dollar, before rebounding to above 155 yen per dollar that day. A government official confirmed the intervention to the outlet.

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