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Indonesia’s OJK Releases New Regulations for Financial Influencers; Violators May Face Account Suspension

According to IDNFinancials, Indonesia’s Financial Services Authority (OJK) officially issued POJK No. 6/2026 on June 24, comprehensively regulating the conduct of financial information providers—commonly known as “financial influencers.” Under the new regulation, financial influencers must disclose any economic benefits received when engaging in marketing collaborations. If recommending specific financial products or services to the public, they must hold the relevant license or professional qualification—for example, an investment advisor license is required to recommend capital market products. For crypto-asset products, financial influencers may promote them only through official channels of licensed financial service providers. Additionally, content involving high-risk products must include risk warnings and disclaimers. Regarding penalties for violations, the OJK may issue written warnings to non-compliant financial influencers and request the Ministry of Communications and Digital Affairs to block accounts, suspend access, or remove violative content. In cases where content involves fraud or illegal promotion, the OJK may directly request account blocking without going through standard regulatory procedures. Existing collaborations between licensed financial service providers and financial influencers must be brought into compliance within six months following the regulation’s effective date.

Reuters: Binance says it will not exit Europe and will seek a new MiCA licensing pathway

According to Reuters, Gillian Lynch, Binance’s head for Europe and the UK, stated that despite setbacks in its application for an EU MiCA license in Greece, Binance will not exit the European market and will pursue alternative pathways to authorization. “If not Greece, I am exploring other alternatives,” she said. Sources familiar with the matter revealed that Binance had engaged with regulators in Ireland, Latvia, and Greece, but encountered resistance across the board. Regulators expressed concerns regarding Binance’s past anti-money laundering (AML) penalties, its complex international corporate structure, and its perceived high-risk appetite culture. Lynch noted that Binance had previously expected approval from Greek regulators; however, the reason for the rejection remains unclear. She added that Binance has invested substantial resources into strengthening compliance and internal controls and currently employs approximately 1,500 compliance staff.

Trump family crypto venture WLFI faces U.S. Senate scrutiny over $500 million UAE investment

five Democratic senators urged a Republican committee chairman on Tuesday to immediately hold hearings to investigate a report that the UAE invested $500 million in the Trump family's crypto venture, World Liberty Financial.According to reports, an aide to the Abu Dhabi royal family signed an agreement four days before Trump's inauguration last year to purchase a 49% stake in World Liberty Financial for $500 million. An advance payment of $218 million has been made to entities linked to Trump and his Middle East diplomat, Steve Witkoff, and their families. The senators confirmed that the backer is UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan.Since Trump took office in January 2025, his administration has approved several deals favorable to the UAE, including a $1.4 billion weapons sale in May 2025 and authorization in November to sell 35,000 advanced AI chips worth over $1 billion to UAE-based G42. (financefeeds)

US Department of Justice Seizes Huione Account Allegedly Laundering Billions of Dollars

: The US Department of Justice announced the seizure of an account that provided backend infrastructure for a subsidiary of Cambodia's Huione Group. Prosecutors stated that the account helped operate the Telegram marketplace Huione Guarantee, which matched stolen data, money laundering services, and tools for Southeast Asian scam operations.Additionally, on the same day, FinCEN took action to extend the existing Huione ban to its successor entity, H-Pay Service PLC, to prevent the group from circumventing US restrictions. According to court documents, the custody service operated by the account also assisted criminals, including money launderers, in cryptocurrency transactions. The case is currently being jointly investigated by the FBI's San Francisco office and IRS Criminal Investigation. (decrypt)

QCP: Market focus is shifting from the “signing-related positive news” of multiple macro events to the subsequent execution risks.

According to the latest macro-trend report released by QCP Group, market focus is shifting from the “signing-related optimism” surrounding multiple macro events toward post-signing execution risks. The U.S.-Iran Memorandum of Understanding (MOU) has been formally signed; Brent crude oil prices have retreated below USD 80 per barrel, easing tail risks. However, traffic volume through the Strait of Hormuz remains at just 14 transits—well below normal levels—and a 60-day technical negotiation window has now opened. Market pricing is pivoting toward actual tanker flow volumes and progress on compliance with the Lebanon ceasefire. The Federal Reserve unanimously held interest rates steady at 3.50%–3.75%, but signaled its intention to keep rates higher for longer. The median dot-plot projection for 2026 was raised to 3.8% (up from 3.4%), with the range widened to 3.4%–4.4%; forward guidance was simultaneously scrapped. Core PCE inflation forecasts stand at 3.30%, and headline PCE at 3.82%—both above target—confirming that inflation—not growth—remains the primary constraint. Following its IPO, SpaceX’s stock price has declined approximately 27% from its peak of USD 211 to USD 155, yet it remains 14.5% above its IPO price of USD 135. Market narrative has shifted from IPO momentum to AI financing logic: its USD 20 billion note issuance is earmarked to refinance an xAI bridge loan, while the ~USD 60 billion Anysphere/Cursor transaction converts equity into acquisition currency. SpaceX is now being integrated into the AI capital formation cycle. In the crypto market, S

U.S. Law Enforcement Agencies Jointly Warn That the “Clarity Act” Could Weaken Investigations into Cryptocurrency Crimes

According to The Block, four major U.S. law enforcement organizations—the National District Attorneys Association, the National Association of Assistant U.S. Attorneys, the International Association of Chiefs of Police, and the National Sheriffs’ Association—jointly wrote to the Department of Justice and the White House, warning that Section 604 of the “Clarity Act” (i.e., the “Blockchain Regulatory Certainty Act”) contains regulatory loopholes. This provision offers a “safe harbor” exemption for non-custodial developers; law enforcement agencies contend that it could shield individuals or entities assisting in the transfer of crypto assets, hinder investigations and prosecutions of crypto-related crimes, and weaken the existing anti-money laundering framework.

Hong Kong Financial Secretary Paul Chan: Users bear all risks when purchasing unregulated stablecoins

According to a press release issued by the Hong Kong Government, today, Mr. Paul Chan, Secretary for Financial Services and the Treasury of Hong Kong, responded in the Legislative Council regarding stablecoin regulation, stating that the potential risks posed by stablecoins to the financial system have been thoroughly assessed. Licensed stablecoin issuers are explicitly required to implement appropriate risk management measures, including investing reserve assets in qualified assets such as bank deposits and high-quality, highly liquid bonds, and holding such assets at banks in Hong Kong. Where necessary, the Hong Kong Monetary Authority (HKMA) may impose additional regulatory requirements on licensees, depending on the circumstances, to safeguard financial stability. The HKMA will promote exploration of synergies and interoperability between compliant stablecoins and other new payment instruments to create value for the real economy and financial activities. Furthermore, only stablecoins regulated under the Stablecoin Ordinance—and purchased from designated, regulated institutions—are protected under the Ordinance. Purchasing unregulated stablecoins through unregulated channels entails bearing all associated risks personally.

South Korea has incorporated tokenized securities into its capital market reform framework, with infrastructure development targeted for implementation by February 2027.

South Korea has incorporated tokenized securities into its comprehensive capital market reform framework. The Financial Services Commission (FSC) recently launched the Capital Market Infrastructure Review Meeting to coordinate reforms—including accelerating securities settlement, extending trading hours, and advancing digital transformation. Under the plan, the tokenized securities framework will officially take effect in February 2027, and related subordinate regulations are expected to be open for public consultation in July this year. Regarding infrastructure development, Samsung SDS has secured a contract from the Korea Securities Depository (KSD) to develop a tokenized securities management platform, integrating the existing electronic securities account system with blockchain data; the platform is also scheduled for completion by February 2027.

LinkedIn Co-Founder: xAI Is “a Disaster”; SpaceX “Buys Its Way” into the AI Race

Reid Hoffman, co-founder of LinkedIn and investor in Anthropic and OpenAI, recently shared his views on the “Pioneers of AI” podcast, offering assessments of several AI companies. Hoffman bluntly stated that SpaceX “is not an AI company,” describing its acquisition of Cursor and other moves as “buying relevance with money,” and labeled xAI as “a complete disaster”—all 11 of xAI’s original co-founders have departed, the company has undergone three reorganizations, and its flagship model Grok consistently lags behind competitors in benchmark tests. Regarding the U.S. government’s order—citing export controls—for Anthropic to delist its Fable and Mythos models, Hoffman expressed strong concern, criticizing the government’s approach as “authoritarian and principle-free,” and pointing out the stark asymmetry in regulatory standards applied to Anthropic versus OpenAI. Furthermore, Hoffman argued that Anthropic and OpenAI are not engaged in zero-sum competition; rather, each holds distinct advantages—in coding, design, legal frameworks, and consumer-facing applications—and both stand poised to become “infrastructure-level” companies in the AI era. He also announced his resignation from Microsoft’s board to fully dedicate himself to Manas AI, an AI-driven drug discovery company.

HashKey Chain Japan Hackathon Countdown Begins: $12,000 USDT Total Prize Pool Invites Global Developers

HashKey Chain will host the “HashKey Chain Horizon” hackathon in Japan from June 18 to July 14. Built upon the foundation of building a compliant and secure Web3 ecosystem, this hackathon is open to developers, innovators, and Web3 enthusiasts worldwide. It features two challenge tracks focused on key areas within the HashKey Chain ecosystem.

Binance Research: On-chain tokenized assets have grown 589% since 2025 to over $31 billion

According to a Binance Research report, on-chain tokenized real-world assets (RWAs) have grown by 589% since the beginning of 2025, surpassing $31 billion in total value—up from $21.5 billion at the start of 2026. Bonds and money market funds contributed most significantly, growing by 83% and adding approximately $6.5 billion. Tokenized U.S. Treasuries, gold-backed assets, and tokenized public equities were also key growth drivers. Binance Research notes that tokenization is transitioning from experimental phases into an institutional competitive market, with institutional issuers leveraging blockchain to enhance settlement efficiency, asset transparency, and transferability. However, regulation remains the biggest current constraint; the next phase of growth will depend more heavily on improvements in liquidity, legal enforceability, and secondary market infrastructure.

SBI Group and Startale Group Jointly Launch Japan's First Trust Structure-Based Yen Stablecoin JPYSC

Odaily, June 24 - According to official sources, SBI Group and Startale Group jointly launched Japan's first yen stablecoin, JPYSC, on June 24, 2026, which is based on a trust structure. Issued by SBI Shinsei Trust Bank, the stablecoin manages its reserve assets through a trust bank, featuring lower transfer costs and support for large-value transactions.As Japan's first stablecoin classified as a Type III electronic payment instrument, JPYSC's core advantage lies in combining the regulatory transparency of the Japanese financial system with the programmability of blockchain technology. It aims to build a yen settlement infrastructure connecting traditional finance with on-chain markets.Initially, the project is limited to use within SBI VC Trade accounts. However, technical preparations for migration to a public blockchain are complete. Once regulatory and tax policies are clarified, external circulation will be opened. JPYSC's application scenarios span six major areas: on-chain foreign exchange markets, institutional lending, RWA settlement, retail payments, cross-border remittances, and over-the-counter (OTC) trading.

22 Bitcoins Held by South Korean Police Go Missing, No One Held Accountable

According to the Chosun Ilbo, 22 bitcoins previously held by Seoul’s Gangnam Police Station during its investigation into a financial hacking case have gone missing—valued at approximately 2.2 billion Korean won at current market prices. The investigation revealed that the涉案 bitcoins were stored in an offline wallet held by the complainant, and individuals who knew the wallet’s mnemonic phrase subsequently restored it externally and cashed out the funds.

Bitget Lists 7 Stock Tokens Including Strive, Yum! Brands, and US Dividend Stock ETF

Bitget has listed 7 stock tokens including rSCHD (US Dividend Stock ETF), rYUM (Yum! Brands), rASST (Strive), and rDHI (D.R. Horton), covering popular sectors such as finance and consumer goods.It is reported that rTokens, identified by the prefix "r" + stock ticker symbol (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. By partnering with the compliant broker Alpaca, these tokens are directly connected to global liquidity pools such as Nasdaq and NYSE. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, synchronized mapping of corporate actions (such as stock splits and reverse splits), and the ability to use the holdings as cross-collateral for unified accounts and USDT-margined perpetual contracts, allowing users to hold global stock assets while flexibly managing their funds.

South Korea’s Tax Tribunal Orders Reinvestigation of Gift Tax Assessment in Case Involving Bitcoin Transfers via Spouse’s Account

According to Digital Asset, South Korea’s Tax Tribunal recently decided to conduct a new investigation into a case where Bitcoin transferred from a spouse’s overseas exchange account to the taxpayer’s domestic account was classified as a “gift” and taxed accordingly. In the case, the taxpayer argued that the Bitcoin in question originally belonged to them and was merely routed through their spouse’s account due to travel-related regulatory restrictions; furthermore, the Bitcoin remained in the spouse’s account for only a short period and thus should not be considered a gift.

U.S. House Passes Housing Bill with CBDC Ban

the U.S. House of Representatives passed the 21st Century ROAD to Housing Act with a vote of 358 to 32 on Tuesday, following the Senate's approval of the bill with a vote of 85 to 5. The bill primarily aims to address housing affordability issues and has now been submitted to U.S. President Donald Trump. The bill stipulates that the Federal Reserve shall not directly or indirectly issue or create a central bank digital currency, or any digital asset substantially similar to a central bank digital currency; this provision will expire on December 31, 2030. The bill also sets an exception for crypto stablecoins, allowing "a U.S. dollar-denominated, open, permissionless, and private currency." (Cointelegraph)

美参院民主党人吁调查特朗普家族加密交易

美国参议院民主党人敦促就特朗普家族加密公司 World Liberty Financial 与阿联酋达成的 5 亿美元投资协议举行听证会,质疑交易或影响国家安全决策。

StarkWare 推出隐私 KYC 方案应对数据泄露

StarkWare 推出 STRK20 隐私代币标准,允许用户隐藏链上余额和交易详情,同时保留合规审查和监管披露机制。

Multiple private equity firms have received notices to suspend new cross-border total return swaps (TRS).

According to the Shanghai Securities Journal, multiple private fund industry professionals revealed that they received notifications last night from their cooperating securities firms stating that regulators have required a suspension of new increases in managers’ cross-border total return swaps (TRS) scale.

韩国总统府:三星与 SK 海力士芯片集群规划进入收尾

韩国总统办公室政策室长金容范表示,三星电子和 SK 海力士新半导体集群计划已进入最后讨论阶段。因 AI 芯片需求爆发,SK 海力士龙仁第四座晶圆厂完工时间拟从 2044 年大幅提前至 2034 年。