On April 28, Accenture announced that it will promote Microsoft's Copilot 365 AI assistant to all of its approximately 743,000 employees, marking the largest enterprise order achieved by the chatbot to date. The two companies did not disclose the financial details of the agreement in their joint statement. This is a significant boost for Microsoft, as only slightly more than 3% of its over 450 million 365 enterprise users are currently paying for the $30 monthly service. (Dongxin News Agency)
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Accenture to Promote Microsoft Copilot 365 AI Assistant to Approximately 743,000 Employees
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Central Political Bureau Meeting: Comprehensive Implementation of 'AI+' Initiative to Develop New Intelligent Economy and Improve AI Governance
On April 28, the Central Political Bureau of the Communist Party of China held a meeting to analyze and study the current economic situation and economic work. The meeting emphasized the need to accelerate the construction of a modern industrial system and maintain a reasonable proportion of manufacturing. It called for deepening the construction of a unified national market and addressing 'involutionary' competition. The meeting also announced the comprehensive implementation of the 'AI+' initiative to develop a new intelligent economy and improve AI governance. Furthermore, it highlighted the need to deepen state-owned enterprise reform, systematically respond to external shocks and challenges, enhance the security of energy and resource guarantees, and address various uncertainties with the certainty of high-quality development. (Dongxin News Agency) -
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Arthur Hayes: More Concerned About Fed Nominee Waller's Comments on Balance Sheet Than Short-Term Interest Rates
On April 28, BitMEX founder Arthur Hayes spoke about the Federal Reserve at the Bitcoin 2026 conference, stating, "When Kevin Waller was nominated as the Fed's SEC chairman, everyone started to panic because during his tenure as a Fed governor— I believe from the 2008 financial crisis until the current president— he has been very critical of the Fed's massive balance sheet. He has publicly stated that he believes the Fed's balance sheet is too large and that he needs to find ways to shrink it while also being able to lower interest rates. Now, if you have read my articles, you know that I am a firm advocate of the idea that the quantity of money is more important than its price. Therefore, I am more concerned about his comments on the balance sheet than the direction of short-term interest rates. So, if the market believes that due to Waller's actions at the Fed, the liquidity of dollars circulating in the system will decrease, then they will be bearish on Bitcoin and other risk assets. This is the discussion we see in the media about a hawkish Fed emerging after Waller takes over in May. Now, I don't think so. I believe that essentially the Fed will replace reserves, treasury bonds, and repos and put them into the commercial banking system, and they will do this with the help of new regulations concerning how banks hold assets on their balance sheets and how much capital they need to hold against those assets. Finally, I think the most important point to understand about what Waller will or will not do at the Fed is that he has a very substantial hard constraint, which is that he needs to work with Treasury's Scott Bessen to ensure that any actions he takes regarding the Fed's balance sheet do not impair Bessen's ability to sell billions and trillions of dollars in bonds. -
SEC Chair: Reg GG Crypto to Allow Private Sector Token Sales Soon
On April 28, U.S. SEC Chair Gary Gensler stated in an interview at the Bitcoin 2026 conference that the agency will continue to advance other exciting initiatives, such as truly allowing companies to conduct on-chain experiments, build tokenized securities, and trade on-chain within the United States. We plan to release innovative exemption regulations in the coming weeks. Additionally, we will permit the private sector to raise funds through on-chain token sales, which we refer to as 'Reg GG Crypto.' These initiatives are in preparation and will be launched soon. Currently, there is a bill titled the 'Clarity Act' under consideration in Congress. We do need Congress to provide regulations in this area. We are ready, willing, and able to explain their regulations and translate them into rules that people can rely on and pursue their innovative ideas. It is important to emphasize that this is happening domestically in the U.S., so they do not have to go overseas. This is the core idea that truly matters here. -
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