President Trump Says It Will Be Difficult to Accept Iran’s Proposal, Mentions Possible Resumption of Airstrikes
According to panewslab.com, President Trump said in an interview at a Florida airport and in social media remarks on the evening of May 2 (U.S. Eastern Time) that he would review Iran’s proposal soon but would find it difficult to accept. He raised the pressure, saying Iran had not paid a sufficient price.
Earlier the same day, before boarding Air Force One, President Trump had said he would explain Iran’s recent proposal later. Iran is reportedly believed to have delivered a new 14-point proposal through Pakistan in response to a 9-point U.S. proposal.
U.S. Senators Reach Compromise on Stablecoin Yield Provision… Clarity Act Discussion May Restart
As U.S. senators reached a compromise on the provision governing stablecoin yield offerings, discussion of the 'Clarity Act,' which had been stalled in the Senate for months, is increasingly likely to regain momentum.
According to Odaily, Senators Thom Tillis and Angela Alsobrooks finalized the compromise language. Section 404 prohibits crypto firms from offering interest or yield that is economically or functionally equivalent to bank deposits, while allowing incentives tied to actual platform usage.
Coinbase CEO Brian Armstrong said the Senate Banking Committee should review the bill promptly. The agreement is being seen as a possible condition for restarting a long-stalled legislative review process.
Previously, disagreements over the yield provision had been a key obstacle to advancing the bill.
Senior Iranian Military Official Says Chances of Renewed Clash With U.S. Are High, Claims Readiness for Military Action
A senior Iranian military official said the chances of renewed conflict with the United States are high and claimed that Iran is fully prepared for possible U.S. military action.
According to Odaily, Iran’s Fars News Agency reported on the 2nd that Sardar Asadi, a senior official at the Khatam al-Anbiya Central Headquarters, argued there is evidence that the United States does not honor any agreement, and claimed that remarks by U.S. officials are closer to a propaganda strategy aimed at preventing a decline in oil prices and escaping difficulties of their own making.
He added that Iran’s armed forces have completed sufficient preparations for any possible “adventurous and foolish action” by the United States.
The remarks come as military tensions in the Middle East are once again coming into focus. If such tensions escalate, they could stir volatility in international oil prices and global financial markets.
LAB Falls More Than 50% in Four Hours, Drops Below $1
According to Odaily, based on GMGN data, LAB fell more than 50% over four hours and is currently trading at $0.98.
Whale-Scale Funds: 1,053 BTC Moved From Unknown Wallet to Kraken
1,053 BTC classified as whale-scale funds moved from an unknown wallet to Kraken. Exchange inflows can be interpreted as a potential sign of selling pressure.
According to Whale Alert, 1,053 BTC was transferred from an unknown wallet to Kraken. The transaction was worth about $82.63 million.
Large Bitcoin deposits to exchanges are generally interpreted as transfers for cashing out or further trading. However, a single on-chain transaction alone is not enough to determine actual selling activity or its market impact.
Argentina’s CNV Proposes Amendment to RWA Tokenization Rules… Pushes Broader Trading of DLT-Based Financial Products
Argentina’s National Securities Commission (CNV) has proposed General Resolution No. 1137 to revise rules on real-world asset (RWA) tokenization and expand the range of financial products traded using distributed ledger technology (DLT), PANews reported on the 3rd, citing CriptoNoticias.
According to the report, while the existing legal framework only allowed digital representations of certain financial products, the new resolution would remove that limitation and allow all closed-end funds with automatic public offering approval to be converted into digital assets.
The CNV also plans to extend the operation of its regulatory sandbox through December 31, 2027. The move is intended to allow fintech firms to test new business models related to digital currencies and Bitcoin technology outside the existing regulatory framework.
The proposal is seen as part of Argentina’s broader effort to both bring digital assets into the institutional framework and expand the tokenization market.
Bio Protocol Multisig Wallet Transfers 80 Million BIO Tokens to Binance and OKX
According to PANews, a Bio Protocol multisignature wallet transferred 80 million BIO tokens to Binance and OKX eight hours ago.
On-chain analyst Eugene estimated the size of the tokens at about $5.15 million. Bio Protocol had recently begun issuing new tokens for BIO staking over the past two days, during which the BIO price doubled.
The transfer is being interpreted as a reason for caution regarding possible selling, given that it involved a large volume moved to exchanges immediately after a sharp price surge.
Ethereum (ETH) Falls Below $2,300
Ethereum (ETH) fell below $2,300, showing weakness. Based on OKX pricing, ETH traded at $2,299.99, down 0.39% on the day.
According to PANews, the decline appeared amid a short-term price correction. However, the size of the drop remains limited, making it premature to conclude that the broader market trend has changed.
OpenAI CFO Privately Proposes Delaying IPO to 2027
According to Odaily, OpenAI Chief Financial Officer Sarah Friar privately proposed delaying the company’s initial public offering (IPO) to 2027. Slowing growth and the company’s failure to yet meet public-company-level financial reporting standards were cited as the background.
Reports say CEO Sam Altman wants to push for a listing as early as the fourth quarter of 2026, but there are internal disagreements over the pace of the IPO. OpenAI has not yet officially begun IPO procedures.
OpenAI’s growth has reportedly slowed somewhat. Weekly active ChatGPT users rose from 800 million in December 2025 to 900 million in February 2026, but fell short of the previous target of 1 billion. Annualized revenue was estimated at about $25 billion, while competitor Anthropic reportedly exceeded $30 billion.
OpenAI has also reportedly adjusted some of its computing investment plans. According to sources, internal discussions are continuing over whether future spending and revenue can be brought into balance.
Fox News Reports That Better Bitcoin and Crypto Market Structure Could Accelerate Institutional BTC Inflows
Fox News reported that improvements in Bitcoin and broader crypto market structure could help accelerate institutional capital inflows into BTC. It also mentioned expectations that regulatory clarity could emerge within this month.
According to @pete_rizzo_, Fox News told millions of viewers that clearer Bitcoin and crypto market structure could draw institutional investor money into BTC. However, it did not specify the name of any legislative proposal, the actual scale of capital inflows, or the timing of implementation.
The remarks came as debate continues in the United States over crypto market structure regulation and integration into the institutional system. In the market, reduced regulatory uncertainty has long been cited as a key variable for institutional capital inflows.
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