News linked to this event type.
David Sacks commented on X platform regarding an interview with Palantir CEO Alex Karp, stating that some traditional media interpreted it as an "emotional expression," but in reality, his views revealed the core issue of enterprise-grade AI security.Sacks stated that true enterprise AI security is not about abstract "AI alignment" research or government-style regulatory frameworks, but rather about enterprises having complete control over their own data, model weights, and computing infrastructure to prevent core intellectual assets from being absorbed by model vendors and turned into their own product advantages.He cited Karp's view, pointing out that what enterprise customers truly care about is having control over computing resources, models, and the data stack—ensuring that "ownership of the means of production" is not transferred.Sacks also cited the cooperation dispute between Figma and Anthropic as an example, noting that according to media reports, Anthropic "caught its partner off guard" when launching Claude Design. It was accused of encroaching into the application-layer domain occupied by its ecosystem partners during product expansion, leading to a shift in the value capture structure.He further pointed out that similar patterns have appeared in the expansion of product lines such as Claude Code and Claude Legal, where model capabilities extend upward into vertical application domains.Sacks believes that this trend indicates model vendors are transitioning from "foundation model providers" to "vertical application competitors," exposing enterprise customers to heightened risks of supplier lock-in. The essence of enterprise-grade AI security is not trusting the long-term promises of model vendors, but ensuring choice and control at the model layer to protect their own data and commercial "alpha."
Digital asset tokenization platform Securitize announced it has officially become a public company and is listed on the New York Stock Exchange under the ticker symbol SECZ. The company stated that its core direction remains unchanged and it will continue to build compliant infrastructure for the next-generation capital market.
U.S. Senator Elizabeth Warren has urged Federal Reserve Governor Christopher Waller to cease his efforts to reform the operational structure of the 12 regional Federal Reserve Banks. As the leading Democrat on the Senate Banking Committee, Warren wrote to Waller on Wednesday, stating that his proposed reforms to the Federal Reserve System may conflict with federal law and suggested that they could undermine the Fed's independence.Although Waller, as chairman of the Federal Reserve Board’s Reserve Bank Affairs Committee, holds certain oversight powers, these regional banks were originally granted a high degree of autonomy and maintain control over their daily operations. "Far from being a serious effort to reform the Federal Reserve System, this proposal reads as a barely disguised attempt to curry favor with President Trump, who is seeking greater control over the leadership of regional banks," Warren wrote in the letter. "I demand you immediately cease all work related to this proposal and provide more information to Congress."
Odaily Planet Daily reported that Galaxy stated on X platform that many Registered Investment Advisors (RIAs) face difficulties in responding to client demands for allocating funds to DeFi while meeting compliance requirements under the U.S. SEC's Custody Rule. The current rule requires client assets to be held with a Qualified Custodian (QC), effectively excluding the self-custody path and making it difficult for traditional financial accounts to directly participate in DeFi strategies.In practice, however, the technical compatibility and compliance integration costs between custodians and new public chains, tokens, and DeFi protocols are high. Most custodians also lack the capability to support DeFi interactions, resulting in a persistent "compliance infrastructure gap." Meanwhile, fiduciary duties require RIAs to not simply exclude client demand for DeFi exposure, placing institutions in a structural conflict between compliance and investment intent.Galaxy believes that a potential future solution lies in establishing a principles-based regulatory framework, including MPC key management, governance controls, third-party audits, on-chain transparency, and rigorous protocol due diligence mechanisms. This approach would aim to unlock on-chain asset allocation capabilities without weakening regulatory objectives.
U.S. Commodity Futures Trading Commission (CFTC) Chair Mike Selig posted on X platform, stating that Illinois' legislation imposing a so-called "sin tax" on blockchain technology could jeopardize Chicago's future status as a financial market center. The bill even taxes the transfer of crypto assets that have not generated any economic gains. Mike Selig described it as "slow-down legislation" and said the bill would turn residents' property rights from "inherent rights" into "permission-based privileges."Mike Selig added that, against the backdrop of blockchain technology continuously reshaping financial markets, choosing to tax crypto wallets over policy options that drive economic growth may historically be seen as a turning point for Chicago's financial development, or even a sign of decline.
According to official announcements, Ondo Finance announced a partnership with Broadridge Financial Solutions (NYSE: BR) to launch the first third-party operated custodial tokenized U.S. securities solution within the current U.S. regulatory framework. This marks the first time in history that U.S. listed securities have been tokenized by a third party on a public blockchain, while fully complying with current U.S. regulatory framework and infrastructure requirements.
Crypto bank Anchorage Digital has announced its integration with Lido, the largest liquid staking protocol on Ethereum, offering institutional clients direct access to its derivative asset, wstETH. Institutional users can now mint and redeem wstETH, earning Ethereum staking yields while benefiting from Anchorage’s custody and governance compliance framework. (The Block)
Ondo Finance has announced the launch of a third-party custodial tokenized securities solution in the United States, designed to comply with local regulatory frameworks. The underlying assets are issued on the Ethereum blockchain, and the company has partnered with financial infrastructure service provider Broadridge to offer tokenized stock holders comprehensive shareholder governance and proxy voting services.The solution adopts a two-tier compliance architecture: the underlying stocks remain held within the US licensed traditional custody system; Ondo’s registered transfer agent mints tokens on a 1:1 basis and deploys them on the Ethereum public chain, while the underlying physical securities are simultaneously held by a compliant custodian for safekeeping. (Prnewswire)
: Ondo Finance announced the launch of a third-party custodied tokenized securities solution operating within the current regulatory framework in the United States. The company has partnered with Broadridge Financial Solutions to provide complete shareholder governance and voting rights support for tokenized stock holders. According to the mechanism design, the underlying stocks remain within the traditional regulated custody system in the U.S., with tokens minted at a 1:1 ratio by Ondo's registered transfer agent and issued on the Ethereum blockchain, while the underlying assets are held by compliant custodians.
According to Bloomberg, Erebor Bank, a crypto-friendly bank backed by Peter Thiel, is negotiating a new round of financing with potential investors at a valuation of at least $8 billion, nearly double its valuation of $4.35 billion at the end of 2025. The report stated that just five months after obtaining its banking license, the bank's deposits have nearly quadrupled in the past three months.
according to sources familiar with the matter, U.S. regulators are investigating allegations brought by Susquehanna International Group. The allegations claim that an unknown insider trader profited $100 million through options bets ahead of the recent Chinese regulatory crackdown on cross-border brokerages Futu and Tiger Brokers. Susquehanna made these allegations public in a lawsuit filed in the Manhattan federal court on June 29.The sources indicated that the U.S. SEC is reviewing the trades described in the market maker's complaint. In its lawsuit, Susquehanna claims it lost over $70 million as the counterparty to much of the alleged insider trading. The lawsuit states that traders purchased options traded on U.S. exchanges of Chinese securities firms, which subsequently became the target of a regulatory crackdown on May 22. The scope and stage of the SEC investigation are currently unclear. A U.S. judge on June 29 granted Susquehanna's request to freeze the relevant accounts. The Chinese government stated that Futu and Tiger Brokers were providing unlicensed trading services to mainland residents. The stock prices of both companies fell following the announcement on May 22. Futu was fined 1.85 billion yuan in regulatory penalties, and founder Leaf Li saw his wealth decrease by $1.7 billion in a single day. (Straits Times)
据塔斯社报道，俄罗斯国家杜马国家建设和立法委员会建议一读通过一项政府提交的法案，拟对违反数字货币流通法律的行为追究刑事责任，最高可判处 7 年监禁。
According to the Financial Times, the US government is consulting with multiple artificial intelligence companies and plans to launch voluntary industry standards for the release of frontier artificial intelligence models as early as next week, focusing on regulating model performance benchmarks, release timing, and domestic and international access permissions to reduce the risk of advanced technology being misused by other countries.
According to official news, Standard Chartered Bank announced a partnership with Circle to launch USDC minting and redemption access capabilities for institutional clients, becoming the first global systemically important bank to offer such integrated services. Eligible institutional clients can use USDC through a single onboarding and service process without needing to open a Circle account directly. The service will initially be provided through Standard Chartered's business in the Dubai International Financial Centre, supporting scenarios such as on-chain settlement, treasury management, and liquidity management, with plans to expand to more markets subsequently upon obtaining regulatory approval.
Binance co-founder He Yi announced in a post that Binance has officially entered the Philippine market. Meanwhile, the document she shared indicated that the Securities and Exchange Commission of the Philippines has finally approved BlockShoals Technologies to launch testing of financial products and services under its regulatory "Strategic Sandbox" framework. Previously, BlockShoals had completed the remaining compliance matters required by the regulatory authority, and its sandbox application received preliminary approval on November 12, 2025.
the Hong Kong Securities and Futures Commission (SFC) today published the "2025 Asset and Wealth Management Activities Survey," revealing that Hong Kong, as a leading global asset and wealth management hub, performed exceptionally well in 2025. Total assets under management (AUM) increased by 20% year-on-year to a record high of HKD 42.2 trillion (USD 5.4 trillion).This record-breaking AUM surpasses the 2021 high of HKD 35.5 trillion (USD 4.6 trillion), with growth partly driven by net capital inflows, which surged 193% year-on-year to HKD 2.1 trillion (USD 265 billion), marking the third consecutive year of increase. Across various sectors, AUM from asset management and fund advisory businesses rose by 19% year-on-year to HKD 31 trillion (USD 4 trillion), while AUM from private banking and private wealth management businesses saw a larger increase of 24% year-on-year to HKD 12.9 trillion (USD 1.7 trillion). (Hong Kong Securities and Futures Commission)
Yooldo posted on X platform, issuing an official statement regarding the significant price drop of the ESPORTS token on May 25th. The incident was not initiated, led, or intentionally caused by the ESPORTS team, which remains committed to building a healthy ecosystem and creating long-term value for the community.The key findings of the investigation are as follows: The ESPORTS team had previously onboarded external OTC and market-making partners to support liquidity and ecosystem development; the investigation found that one of these partners engaged in activities inconsistent with the team's agreed terms; based on available information, the team believes a large portion of the sell-off activity originated from tokens previously provided to this partner. However, due to the flow of transactions through multiple wallets, counterparties, and exchanges, tracing the complete fund flow is difficult; the ESPORTS team did not execute, coordinate, or instruct any market sell-offs intended to cause the price decline. Upon discovering the issue, the team cooperated with exchanges and relevant parties to investigate the incident and limit further damage; the team has begun implementing recovery measures, including liquidity support and onboarding new long-term partners, but still faces challenges from ongoing selling pressure by the market maker and related market activities.Yooldo also stated that new game updates and an additional buyback plan will be announced soon, and advised all project founders to only work with reputable and trustworthy market makers.
According to CoinDesk, FBI Director Kash Patel purchased stock in Bitcoin-holding company Strategy (MSTR) for between $100,000 and $250,000 on November 21, 2025, but did not disclose it to regulators until May 26, 2026, a delay of over 6 months, violating the 45-day disclosure deadline stipulated by the Stop Trading on Congressional Knowledge Act (STOCK Act). Patel later explained to the Office of Government Ethics that it was an unintentional omission caused by "miscommunication." Dylan Hedtler-Gaudette of government watchdog Project on Government Oversight bluntly criticized his behavior as "illegal," and called for a comprehensive ban on federal officials trading stocks. Deputy Assistant Attorney General William Taylor of the Department of Justice stated in a letter on May 28 that the transaction did not constitute a conflict of interest, and the DOJ has not yet fined him.
according to the latest selection by BeInCrypto, Gate has been listed among the "Best MiCA-Licensed Crypto Platforms in 2026" and was recognized as "Best for Access to a Large Cryptocurrency Selection." The review noted that Gate offers a diverse digital asset ecosystem covering spot trading, futures, wealth management, and Web3 services. Leveraging its extensive asset coverage and comprehensive product suite, Gate provides European users with a more refined digital asset trading experience.With the official end of the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA), the European digital asset market has fully entered an era of unified regulation. Gate Europe had previously obtained both the EU MiCA license and a Payment Institution (PI) license. These two important regulatory qualifications provide solid support for Gate Europe's operations under the European regulatory framework, further strengthening the platform's capabilities in compliant operations, risk management, and long-term development. This recognition from a well-known industry media outlet further demonstrates Gate's positive progress in advancing compliance efforts and continuously optimizing products and services in Europe over the long term. Gate Founder and CEO Dr. Han stated that the formal implementation of MiCA marks the official end of the "regulatory arbitrage" era in the European crypto industry, shifting market competition back to products, security, and user experience. His views were also republished by Cointelegraph, further reflecting the industry's widespread attention to this new era of European regulation.Currently, multiple entities under Gate have completed relevant regulatory registrations, applied for licenses, or obtained authorizations and approvals in jurisdictions including Malta, the Bahamas, Japan, the United States, Australia, and Dubai. By securing regulatory permits and registrations across multiple regions, the platform has solidified its global business foundation. Gate continues to advance its global compliance strategy and continuously improve its global compliance network, aiming to provide users with safer, more transparent, and more efficient digital asset services.
The Ethereum Foundation's Global Policy Strategy (GPS) team has released the guide "Ethereum Basics for Governments and Institutions," aiming to help policymakers and institutional decision-makers understand Ethereum's operating mechanisms, governance models, and differences from other blockchain solutions. The guide emphasizes that relying on centralized systems brings systemic risks, while decentralized blockchains have the potential to mitigate such risks. Not all blockchains possess the attribute of "credible neutrality," and differences in technical architecture and governance models among blockchains will directly affect whether they can serve as public infrastructure in the long term. Ethereum holds advantages in areas such as resilience, economic security, client diversity, and ecosystem. It has operated continuously without interruption since launching in 2015, with economic security provided by approximately $76 billion in staked ETH, whereas most other Layer 1 networks rely on a single client, presenting higher systemic risks. The Ethereum Foundation stated that building applications on Ethereum does not introduce new centralized counterparty risks, as no single institution can modify rules, restrict access, or halt network operations. In comparison, control over some other Layer 1 networks is concentrated in foundations or corporate entities, which may bring governance and dependency risks.