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CryptoWorld News reports that the U.S. Federal Reserve has proposed establishing a new category of limited payment accounts, which would allow eligible fintech firms and crypto banks to access parts of the central bank’s payment infrastructure, but would not grant all the privileges of traditional banks. According to a Federal Reserve notice released on Wednesday, the proposal would create limited-purpose “payment accounts” for certain non-bank financial institutions, enabling access to clearing and settlement services, while excluding tools such as interest, intraday credit, and the Federal Reserve’s discount window. The proposal would also require regional Federal Reserve Banks to temporarily pause decisions on pending Tier 3 master account applications, with the pause expected to last until December 31, 2026. Federal Reserve officials said the pause will provide time to collect public feedback and apply the framework consistently across Reserve Banks. The proposal is also being issued as a request for comments and a proposed rule.

Mars Finance News, according to TASS, the Russian Ministry of Finance and the Central Bank of Russia plan to finalize the draft legislation on cryptocurrency market regulation next week and submit it to the State Duma for a second reading. Deputy Minister of Finance Ivan Chebeskov announced this to reporters during the "Russian Digital Financial System: Digital Currencies, Tokenization, and Artificial Intelligence" conference.

Mars Finance News May 20 – Global analog chip giant Analog Devices announced that it will acquire AI power management startup Empower Semiconductor in a full cash transaction valued at $1.5 billion (approximately 10.2 billion RMB). The deal is expected to be completed in the second half of 2026. According to the press release, both parties will work together to develop new power architectures for artificial intelligence and other compute-intensive applications. The new technology places power converters closer to the processor to shorten the power transmission path, thereby supporting higher performance and higher density systems. (Wide-angle observation)

Crypto World News reports that South Carolina Governor Henry McMaster has signed a bill banning state-level CBDC participation, while also expanding legal protections for Bitcoin users, crypto miners, blockchain developers, and self-custody rights. The bill was signed on May 19 with strong bipartisan support, creating a new legal framework to protect digital asset ownership, blockchain operations, staking services, mining, and crypto payments. A major part of the bill prohibits South Carolina government agencies from accepting, testing, or participating in any Central Bank Digital Currency (CBDC) projects related to the U.S. Federal Reserve or federal government. The bill also enhances protections for individuals and businesses using digital assets for legitimate payments and transactions, ensuring that people cannot be restricted from accepting crypto payments.

Stanford NLP demonstrated at ICML 2026 that by automating executors, pre-training and post-training of LLMs can be transformed into execution environments, using execution feedback to improve research efficiency. Two methods: evolutionary search outperforms GRPO (69.4% vs. 48.0%) in post-training tasks, and recipes found for pre-training tasks are faster than nanoGPT (19.7 minutes vs. 35.9 minutes), both completed within ten search rounds; reinforcement learning based on execution rewards is prone to mode collapse, which, while increasing average rewards, does not improve the upper bound. This work points the way for execution-oriented automated AI research.

BlockBeats News, May 21 — Blockchain.com has secretly filed for an IPO in the United States.

CryptoWorld News reports that, according to Whale Alert monitoring, an unknown whale has just transferred in 128,354,994 USDC, which is approximately $128,377,713 based on the current price.

ME News Report, April 17 (UTC+8), according to Beating Monitoring, the team from the National University of Singapore (NUS) released GameWorld, a benchmark designed to standardize the evaluation of multimodal large language models (MLLMs) as general agents in video games. The study points out that although video games provide an ideal closed-loop interaction testing ground, existing assessments are often limited by inconsistent operation interfaces and manual heuristic validation. GameWorld includes 34 diverse browser games and 170 tasks, with verifiable metrics based on the underlying game state for each task to achieve objective result evaluation. The research team tested two types of agent interfaces: one is a "computer-use" agent that directly outputs keyboard and mouse commands, and the other is through semantic parsing within a semantic action space.

Wu said that, according to Bloomberg ETF analyst Eric Balchunas, the trading volume of THYP and BHYP increased by approximately 50% again on the same day, with the total trading volume expected to approach 40 million USD. Balchunas stated that it is rare for the trading volume of these two ETFs to continue growing since their listing on May 12; usually, new ETFs see a surge in volume on the first day and then quickly cool down. Meanwhile, against the backdrop of declines in stocks, bonds, gold, Bitcoin, and the overall crypto market, HYPE has risen about 27% since the listing of THYP.

OpenAI confirms internal encounter with malicious NPM package supply chain attack targeting TanStack, two employee devices infected, core data unaffected, but internal credentials and code signing certificates stolen. To prevent application forgery, certificate rotation will be carried out, macOS users need to upgrade before 2026-06-12, old certificates will be revoked. iOS/Windows clients and key security, updates to be completed within the buffer period.

Mars Finance News, May 21 — In an interview after the launch event of Xiaomi YU7 GT, Lei Jun said that over the past five years, Xiaomi has invested 1055 billion yuan in R&D, achieving breakthroughs in areas such as chips, large models, intelligent manufacturing, and robots. He noted that Xiaomi’s strategy is very clear, with core technologies centered on chips, OS, and AI, to support a full-ecosystem of intelligent terminals spanning vehicles, homes, and people. In the next five years, the company plans to invest at least 2000 billion yuan in R&D. “Please give Xiaomi another five years—after five years, Xiaomi will definitely take another big step forward.” (Wide-angle observation)

CryptoWorld News reports that Federal Reserve's Barkin has recently made the following statements: First, he is encouraged by recent job growth, but at the same time, it is not hard to imagine the employment losses that could be caused by artificial intelligence. Second, he is concerned about the dual risks to the Federal Reserve's mission.

BlockBeats News, May 21 — According to The Wall Street Journal, the Trump administration has provided $2 billion in funding to nine quantum computing companies through the Department of Commerce in exchange for equity, specifically including:

$1 billion will be granted to IBM, chip manufacturer GlobalFoundries will receive $375 million, publicly traded companies including D-Wave Quantum, Rigetti Computing, and Infleqtion will each receive $100 million, and startup Diraq is expected to receive $38 million.