News linked to this event type.
According to FinanceFeeds, Italian bank Banca Sella has completed the formal notification procedure under the EU’s Markets in Crypto-Assets Regulation (MiCA) with the Bank of Italy, becoming the first Italian bank authorized to offer fully compliant native digital asset services. These services will focus on institutional-grade crypto-asset custody, receipt, and transfer, and are expected to launch before the end of the current fiscal year’s fourth quarter, initially available only to a select group of clients.
According to the official announcement, Bithumb will list the BILL/KRW trading pair.
According to Yicai, Futu and Longbridge have recently cleaned up accounts that used forged documentation for account opening and dormant accounts with no assets or positions, closing both types of accounts. Meanwhile, the Futu Niuniu app has added a quick-access entry titled “Update Identity Information” under the “Account” tab, along with an accompanying notice titled “Notice on Updating Identity Information,” reminding customers that if they hold eligible overseas identity documents, all account-related services—including trading and fund deposits/withdrawals—will remain fully functional after the information update is completed.
Odaily reports, according to an official announcement, Bitget has launched a zero-fee spot trading campaign for preSPAX. The campaign runs from May 28, 00:00 to June 3, 23:59 (UTC+8).During the event, users can enjoy zero maker and taker fees when trading preSPAX/USDT and the upgraded preSPCX/USDT on the spot market. For more details, please refer to the Bitget official platform.
Odaily, “New Stock God” Serenity posted on X platform, expressing great joy at seeing strong support from the Chinese community on X, and believes this reflects differences in investment exchange across different cultures.Serenity stated that users in the Chinese community are more inclined to study his thought process and stock selection logic, using this to improve their own investment systems; in contrast, users from some other cultural backgrounds are more likely to directly reject viewpoints.
According to The Block, the White House Office of Information and Regulatory Affairs has received the Commodity Futures Trading Commission’s (CFTC) proposed rulemaking notice on prediction markets and is currently reviewing it. The CFTC stated it will provide further details after the interagency review process concludes. Recently, Trump publicly endorsed CFTC Chair Michael Selig’s position that prediction markets should fall under the CFTC’s exclusive jurisdiction. Over the past year, the CFTC has consistently reinforced its regulatory claims over prediction markets and has filed lawsuits against five states—Wisconsin, Illinois, Arizona, Connecticut, and New York—seeking to restrict Kalshi and Polymarket. TD Cowen believes Trump’s statement is unlikely to alter the legal dispute surrounding this matter in federal court.
Vitalik Buterin updated several developments related to CROPS AI and noted a clear overlap between the “CROPS Ethereum Access Layer” and “CROPS AI.” He suggested that paying for remote large language model (LLM) calls via zero-knowledge proofs could also address Ethereum’s private RPC read issues. Meanwhile, DeepSeek v4 has been released; its 2-bit quantized version runs within 90 GB, though it currently performs faster on Apple hardware; the messaging app Messa now supports Telegram Alpha features; the model runtime tool Luceb demonstrates higher efficiency when running compute-intensive models; and the local AI voice recording tool VoxTerm remains under active development. Vitalik Buterin also mentioned that application-specific fine-tuned large language models will help improve secure code writing, and Ethereum-related use cases should likewise have dedicated fine-tuned models.
According to an official announcement, Aztec Labs has acquired Obsidion—the team behind ZKPassport. The Obsidion team will continue developing ZKPassport while also leading the development of new consumer-facing products. The ZKPassport protocol will remain open-source. Aztec Labs stated that ZKPassport enables users to prove attributes such as age, nationality, or sanctions status using government-issued identity documents—without uploading any personal data to a server and without personal data ever leaving the user’s device. It already supports over 130 countries and regions and has been used for nationality and sanctions compliance verification in the Aztec Network token sale.
According to CoinDesk, as the U.S. midterm elections heat up, cryptocurrency industry political action committees (PACs) are significantly increasing their financial support for congressional races. Some newly formed PACs are shifting their focus toward Republican candidates. The report notes that Fairshake remains the most influential super PAC in the industry, having already influenced primary outcomes in states like Texas through large-scale spending—and contributing to the defeat of long-time critic, Representative Al Green. Meanwhile, newer PACs such as Fellowship and the Digital Freedom Fund are backing Republican candidates more heavily, potentially undermining the bipartisan balance the crypto industry has maintained across several previous election cycles.
TD Cowen stated President Trump’s public support for the CFTC’s stance on regulating prediction markets is unlikely to alter the legal debate surrounding event contracts. TD Cowen Managing Director Jaret Seiberg noted that the matter is now in federal court and cannot be decided by regulatory agencies or the executive branch. He still believes the Supreme Court will ultimately rule on whether Congress, in creating event contracts, preempts state sports betting laws. He added that states still hold the advantage in this debate, and litigation may take two years or more. Seiberg also pointed out that Trump’s post was more about defending CFTC Chairman Selig following a New York Times investigative report, rather than a substantive policy change. (TheBlock)
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Block has launched stablecoin integration on CashApp.
Odaily Odaily News: Voice AI company ElevenLabs, founded in Poland, has released Music v2. This model can switch genres within the same track, generate songs by sections such as intro, verse, and chorus, and supports local redrawing of specified segments. Music v2 is now available on ElevenMusic and ElevenCreative, with early access to the ElevenAPI currently provided through the sales team. Stability AI has launched Stable Audio 3.0, which includes four models: Small SFX, Small, Medium, and Large. Three of these variants have open weights on Hugging Face. The series is trained on licensed data. The Medium model supports generating tracks up to 6 minutes and 20 seconds long, while the Large model is only available via the Stability AI API. ElevenLabs has signed licensing agreements with Believe, Kobalt, and Merlin. Stability AI has established partnerships with Warner Music Group and Universal Music Group. In November 2025, Suno was valued at $2.45 billion, with an annual recurring revenue exceeding $300 million, approximately 100 million users, and generating an average of about 7 million songs daily.
: Streamex, a tokenized commodity platform, has partnered with Orca, a Solana-based decentralized exchange, to launch a tokenized asset trading market on Solana. This market allows verified qualified investors to buy and sell Streamex's yield-bearing, gold-backed GLDY tokens through regulated on-chain trading pools. The system integrates identity and compliance checks into Streamex's KYC and qualified investor verification process, with trading access limited to approved investors. Transactions are conducted through permissioned liquidity pools on Orca. Investor wallets remain frozen until identity verification and certification are completed, and qualification data is updated on-chain in real time. Streamex and Orca stated that neither party will act as a broker or intermediary for investors reselling GLDY tokens. Orca noted that its automated market maker infrastructure has processed over $500 billion in cumulative trading volume since its launch.
Cash App, the payment application from Block, now allows users to send and receive Circle-issued USDC stablecoins on Ethereum, Solana, Polygon, and Arbitrum. These transfers are currently fee-free. USDC stablecoins received via Cash App are automatically converted into U.S. dollar balances. This feature is not yet available to customers in New York State. Users must complete identity verification and are subject to transaction limits. Block has previously focused primarily on Bitcoin, including the development of mining hardware and the self-custody wallet BitKey. Earlier this year, Jack Dorsey described stablecoins as “moving from one gatekeeper to another,” while acknowledging the growing customer demand.
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Senator Lummis said that if the Clarity Act is not passed during this Congress, US software developers will again become targets of lawsuits in the near future simply for releasing code. That's what's at stake.
Wall Street investment bank Jefferies stated that as institutional investors accelerate their shift towards blockchain-based financial infrastructure, the crypto and blockchain sectors could see a new wave of IPOs over the next two years, forming a public market worth $1 trillion within five years.Jefferies released a report indicating that the current industry focus is shifting from speculative crypto asset prices to the comprehensive integration of blockchain infrastructure by banks, exchanges, asset managers, and payment institutions. Companies like Payward (parent company of Kraken) and Securitize are advancing their IPO plans, and it is expected that more crypto-related companies will enter the public market in the future. Tokenization is seen as a key driver of this structural transformation, with money market funds, private credit, and on-chain settlement systems already entering practical implementation phases. Increasing regulatory clarity will further accelerate institutional adoption.Currently, the market is moving from short-term hype to long-term technological reassessment. Crypto IPOs could serve as a crucial gateway connecting traditional capital markets with the on-chain economy. (CoinDesk)
the latest research from Project Agorá, led by the Bank for International Settlements (BIS), indicates that tokenization technology holds significant potential to improve settlement speed and reconciliation efficiency in cross-border payments, while reducing transaction failures and operational risks.The project involves the BIS collaborating with seven central banks and over 40 financial institutions, including the Federal Reserve Bank of New York, the Bank of England, the Bank of Japan, and the Swiss National Bank.The research suggests that tokenizing central bank reserves and commercial bank deposits could support "atomic settlement" across currencies and jurisdictions, enabling transactions to either "complete simultaneously or fail simultaneously," thereby reducing the credit and execution risks commonly associated with cross-border payments.Currently, Project Agorá has completed the simulation testing phase and plans to move into a "real-value transaction" testing phase, exploring on-chain settlement applications for select currencies and institutions in a real-funds environment. (CoinDesk)
the market for tokenized Pokémon Trading Card Game-related assets generated approximately $7.4 million in total revenue during the first week of May, setting a new all-time high and representing a 337% increase compared to the same period last year. Among platforms, Courtyard led with a market share of about 46%, followed by Collector Crypt and Phygitals with approximately 27% and 26%, respectively.The surge in market activity is believed to be closely tied to the upcoming 30th anniversary cycle of the Pokémon IP. Google Trends data shows that search volumes for keywords such as "Pokémon cards" and "Japanese Pokémon card" are nearing historical highs. Meanwhile, the official brand has launched a year-long global celebration and plans to release a new "30th Celebration" card series in September.Analysts point out that tokenized card trading platforms typically experience a certain lag relative to the physical market's momentum. The current growth in on-chain transactions more likely reflects a secondary amplification trend of "real-world collecting frenzy leading to digital assetization."Furthermore, some industry observers suggest that as the 30th-anniversary commemorative series approaches its launch, if demand in the physical market intensifies further, on-chain tokenized trading could usher in a new wave of accelerated growth. (The Block)
during a recent Senate Banking Committee hearing, substantial progress was achieved in advancing the Digital Asset Market Clarity Act (CLARITY Act). The bill passed with a 15-9 vote, moving to the full Senate for consideration.Several bipartisan lawmakers emphasized during the discussions that the United States urgently needs to establish a unified regulatory framework for digital assets, clarifying asset classification, trading platform oversight, and market structure rules to provide long-term certainty for the industry. Angela Alsobrooks pointed out from a family perspective that younger generations show a natural interest in digital assets, and the regulatory system should strike a balance between "opportunity and protection" to prevent technological development from escaping regulatory oversight. Tim Scott stressed the need to advance legislation from the standpoint of economic opportunity and the American Dream, while Cynthia Lummis noted that the legislative process has already demonstrated a clear foundation for bipartisan cooperation.Supporters argue that digital assets have become an irreversible trend, with approximately 68 million Americans currently holding related assets. However, a significant volume of transactions still occur on overseas platforms, underscoring the urgent need for the U.S. to establish a domestic regulatory framework to enhance market transparency and investor protection. Analysts point out that the CLARITY Act is seen as a crucial complement following stablecoin-related legislation (the GENIUS Act). Without supporting rules at the market structure level, the U.S. risks losing its dominant position in the competition for digital financial infrastructure.As the bill advances to the full Senate, observers are closely watching whether it can complete final legislation based on bipartisan consensus, thereby establishing the core rules of the U.S. digital asset regulatory framework. (CoinDesk)
Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users. According to sources familiar with the matter, the feature currently covers approximately 25% of users and is expected to reach full 100% availability within this week.The core functionality supports users in depositing and withdrawing via USDC, allowing free transfers of funds between external wallets and Cash App balances, and using stablecoins as a settlement tool for payments rather than as investment products. It currently supports transactions across four blockchain networks, including Solana, Ethereum, Polygon, and Arbitrum. Due to the irreversible nature of on-chain transactions, incorrect addresses or unsupported network transfers may result in permanent loss of funds.Block CEO Jack Dorsey previously stated that despite his longstanding preference for Bitcoin, user demand for stablecoins has prompted the company to adjust its strategy. (CoinDesk)