COCO PAY brings you the most important web3 stories of the past week. Don’t miss it!  

— If US authorities impose restrictions on foreign stablecoins, Tether is considering launching a new crypto asset tailored to American market requirements.  

— The US Securities and Exchange Commission (SEC) clarified that cryptocurrencies used for payments, transfers, or value storage are not considered securities if they are not issued for investment purposes.  

— The Australian corporate regulator received approval to liquidate 95 companies suspected of involvement in fraudulent crypto investment schemes.  

— US attorney James Murphy filed a lawsuit against the Department of Homeland Security, demanding disclosure of documents related to a meeting with potential Bitcoin creators.  

— Amazon unveiled its new voice AI model Nova Sonic. According to the company, it matches OpenAI and Google in speed and speech recognition quality.  

— Larry Fink, CEO of BlackRock, said that most of his counterparts believe the US economy is already in recession.  

— Sarah Wynn-Williams, former head of global policy at Meta, accused the company of assisting China in developing military AI.  

— In March, US annual inflation dropped to 2.4% — the lowest since September last year and below February’s 2.8%.  

More updates soon. COCO PAY — always keeping you informed!