News linked to this event type.
According to The Block, Isabel Schnabel, a member of the European Central Bank’s Executive Board, stated that the adoption of stablecoins could amplify or exacerbate risks to financial stability, monetary policy, and the international monetary order. Central banks should respond to these challenges by strengthening regulation and advancing central bank digital currencies (CBDCs), such as the digital euro.
Galaxy stated in March this year, the New York State Supreme Court quietly accepted a lawsuit seeking to confirm the ownership of over 3.7 million Bitcoin (worth approximately $274 billion) associated with 39,069 Bitcoin addresses. This includes addresses belonging to Bitcoin creator Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million Bitcoin, valued at $83.7 billion at current prices).The plaintiff is Noah Doe (a pseudonym) and two unnamed Wyoming limited liability companies. Noah Doe requests the New York State Supreme Court to declare, via a declaratory judgment action (New York Civil Practice Law and Rules Section 3001) under the New York State Abandoned Property Law (Personal Property Law Article 7-B), that they possess ownership of these dormant addresses.In short, they seek a ruling from a New York court that the Bitcoin belonging to founder Satoshi Nakamoto (along with many other lost Bitcoin addresses) constitutes abandoned property. They argue they are entitled to legal ownership by virtue of "finding" these cryptocurrencies. From June 30 to July 10, 2025, they sent "disclaimer notices" to each found address via OP_RETURN.However, even if they win the case entirely, they will ultimately only obtain a court declaration. They will not receive any private keys, nor will they be able to transfer any Bitcoin from these addresses. But Galaxy states that the true value of the New York ruling lies in its ability to act as a "cloud on title." If these Bitcoins ever appear on any regulated platform, plaintiff Noah Doe could use this document to file a claim with an exchange or custodian.
According to independent analyst Markus Thielen, Bitcoin is down 16% year-to-date and is entering its historically seasonally weak June window—over the past decade, June’s average return has been just +0.7%. However, this year’s May rally significantly underperformed the historical average, raising the probability of a seasonal reversal. Meanwhile, several catalysts are set to materialize soon, including U.S.-regulated crypto perpetual futures products and Nasdaq CME Crypto Index Futures (scheduled for launch on June 8). If these bring new buying support, Bitcoin could stage a short-term rebound.
According to the official website of the Chinese government, the State Council has officially promulgated the “Regulations of the State Council on Outbound Investment” (State Council Order No. 837), signed by Premier Li Qiang, which will take effect on July 1, 2026. The regulations clarify that outbound investment applies to enterprises, organizations, and individual residents within China’s territory. Investors enjoy the right to independently conduct outbound investment in accordance with the law, while simultaneously being required to comply with laws and regulations, fulfill social responsibilities, and safeguard national security. The state will improve its overseas comprehensive service system, refine regulatory mechanisms covering the entire process—including approval/filing procedures and security reviews—and impose penalties—including fines and time-limited disposal of equity and assets—on violations of investment regulations. Additionally, the regulations specify the state’s consular protection mechanism for Chinese citizens and enterprises overseas, as well as countermeasures against discriminatory measures imposed by other countries.
: According to official announcements, leading global digital asset platform Gate has officially launched a real stock market trading service, bridging the gap between crypto assets and traditional financial markets. Users can now directly trade stocks and ETFs listed on major exchanges like Nasdaq and the New York Stock Exchange (NYSE) using USDT on the Gate platform. Unlike common market practices of stock tokenization and RWA (Real World Asset) mapping, Gate Stocks focuses more on real market access and compliant trading capabilities. It connects with compliant broker-dealers holding US Broker-Dealer licenses and clearing qualifications, providing access to major US stock and ETF trading markets.Currently, Gate supports major US securities trading markets and liquidity networks including NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS, covering over 10,000 stock and ETF assets. After completing KYC and regional access requirements, users can navigate to the stock section within the TradFi module of the Gate App to perform USDT transfers, view market data, and trade stocks, achieving integration between crypto asset accounts and traditional stock trading capabilities. Additionally, Gate Stocks operates an independent account system, allowing users to buy, hold, and sell stock assets with separate fund management. Compared to holding costs such as funding rates in perpetual contracts and swap fees or overnight fees in CFD products, Gate Stock spot trading offers zero holding costs, making it more suitable for users looking to hold US stocks for the long term. Android users can experience stock trading functionality after updating the Gate App to the latest version, while iOS users can access the service after updating to version 8.21.5.
Aleksey Korolenko, Executive Director of Cifra Markets, said in an interview on the eve of the St. Petersburg International Economic Forum that after the relevant bill is passed and takes effect, the number of crypto accounts opened by investors is expected to grow significantly. If large financial institutions launch convenient customer solutions, Russia could open up to 1 million crypto accounts within the first year under the compliance framework. (tass)
According to CoinTelegraph, Kraken announced on May 30 that it plans to launch CFTC-regulated Bitcoin perpetual futures contracts via its subsidiary Bitnomial exchange within the next 30 days, targeting U.S. institutional clients. Earlier the same day, the CFTC formally approved perpetual futures contracts linked to the Bitcoin spot price, with KalshiEX becoming the first exchange to receive approval for listing such products. Meanwhile, Coinbase Financial Markets swiftly followed suit, leveraging Deribit—the world’s largest crypto options exchange, which it acquired in August 2025—to provide U.S. institutional clients with access to global crypto options and perpetual futures markets.
According to Odaily Planet Daily, Megan Greene, a member of the Bank of England's Monetary Policy Committee (MPC), stated on Sunday that the hype around stablecoins may soon dissipate, to be replaced by tokenized deposits—digital versions of traditional bank deposits.Stablecoins, a type of crypto asset designed to maintain a stable value, have grown in popularity in recent years. Although issuance has leveled off in recent months, some still anticipate further growth for stablecoins."I think it's very likely that tokenized deposits will replace stablecoins, and in five years, we might wonder why we were even talking about stablecoins," Greene said at a conference in Dubrovnik, Croatia. She believes that central bank digital currencies (CBDCs), stablecoins, and digital deposits all have their respective markets, but once commercial banks realize they risk losing traditional deposits if they don't act, digital deposits could ultimately emerge as the winner. (Sina Finance)
Kraken has announced plans to launch CFTC-regulated perpetual futures contracts in the United States within the next 30 days. The exchange stated that, upon approval, the relevant contracts will be listed on Bitnomial Exchange; Bitnomial is a CFTC-regulated exchange recently acquired by Kraken's parent company, Payward. Kraken said it submitted an application on Friday and indicated that US customers will soon be able to trade perpetual futures on Kraken Pro. As of early Sunday morning, no application specifically for Bitcoin perpetual futures had been identified in Bitnomial's recent CFTC filings. On April 17, Payward announced it would acquire crypto derivatives platform Bitnomial for up to $550 million to offer its perpetual futures products to Kraken Pro clients. Previously, the CFTC had approved KalshiEX to trade Bitcoin perpetual futures contracts, and Coinbase Financial Markets also began providing US institutional clients with access to global crypto options and perpetual futures markets through regulated futures commission merchant Deribit. (cointelegraph)
According to a report by Forbes, JPMorgan CEO Jamie Dimon stated that the U.S. crypto market structure bill—the Clarity Act—allows crypto companies to offer deposit-like interest yields on products such as stablecoins, but without corresponding protections; such arrangements “could ultimately collapse,” and he personally will not participate in them. The report notes that disagreements between banks and crypto firms over whether stablecoin accounts may offer interest-like rewards persist, and the likelihood of the Clarity Act passing this year has dropped from nearly 70% to just above 50%. Affected by this uncertainty, Bitcoin recently fell below $76,000.
The Cosmos ecosystem’s cross-chain bridge Gravity Bridge was reportedly attacked due to a leaked signature key, resulting in approximately $5.4 million in stolen assets. The official team has confirmed the security incident and has urgently suspended bridging services to conduct an investigation. Validators have also been instructed to halt their validator nodes and coordinators. It is reported that the bridge’s contract keys may have been compromised.
“New Stock God” Serenity posted on X, seemingly responding to the potential investigation into Sivers, stating that Sivers (SIVE) should fully transform into a U.S. company, with Nasdaq listing as the first step—given that the company already possesses a U.S. capital structure, a significant equity stake, and support under the CHIPS Act. Such a transformation would deliver higher valuation premiums and M&A opportunities. Meanwhile, negative reporting by Swedish local media—allegedly influenced by short sellers—is hindering the development of AI photonics, whereas the U.S. market offers greater financing opportunities and support from institutions, funds, and indices.
Hong Kong Securities and Futures Commission (SFC) Chairman Wong Tin-yau revealed in a recent speech that Hong Kong has systematically expanded the scope of products and services available from licensed institutions. This includes offering more diversified product options for professional investors, piloting secondary market trading of tokenized products, launching virtual asset-related financing services, and establishing a regulatory framework for virtual asset leveraged products. The 12 licensed virtual asset trading platforms in Hong Kong recorded a total trading volume exceeding HKD 640 billion in 2025, with the trading volume in the first quarter of this year surging nearly threefold year-on-year. Additionally, brokerage firms engaged in virtual asset-related businesses saw their corresponding commission income grow by over 80% year-on-year last year.On the institutional front, Hong Kong will optimize its comprehensive regulatory framework for virtual assets, covering key areas such as custody, trading, asset management, and investment advisory. The public consultation on the relevant licensing regime has been completed, and legislative proposals will be finalized with the Hong Kong Treasury Bureau. The target is to submit a bill to the Legislative Council in 2026, aiming to establish a regulatory system that is fully aligned with international standards and strictly adheres to the principle of "same business, same risks, same rules."
the Qingdao Licang District Procuratorate issued an announcement stating that the defendant, surnamed Zhang, took advantage of an opportunity to register a virtual currency wallet on behalf of the victim to obtain the seed phrase, and subsequently transferred 107 Bitcoins from the victim, surnamed Feng, in multiple batches during the early morning hours. Zhang then layered the transfers through various virtual currency trading platforms, converting the Bitcoin into over 660,000 RMB. The Qingdao Licang District People's Court sentenced Zhang to 10 years and 9 months in prison and imposed a fine of 100,000 RMB for the crime of theft in the first instance.After the defendant appealed, the Qingdao Intermediate People's Court ruled to dismiss the appeal and uphold the original verdict. The case determined the theft amount based on the actual illegal proceeds from the sale, totaling over 660,000 RMB. (Shandong Legal Daily)
the Attorney General's Office of Buenos Aires Province, Argentina, coordinated with judicial authorities and police in multiple regions to launch a large-scale joint operation codenamed Fake Coins targeting cryptocurrency fake investment scams. Police conducted 90 simultaneous searches nationwide, arresting 24 suspects. The operation successfully intercepted and seized a total of 8 million USDT, valued at over $8 million, along with nearly 6 million Argentine pesos in cash and a large number of electronic devices.Investigations revealed that the criminal group induced victims to invest through social media and fake apps, with total losses amounting to nearly 3 billion pesos. The San Isidro judicial department seized the majority of the crypto assets during an investigation into a Chinese criminal group, which developed malware to steal user information for money laundering purposes. Part of the funds were reportedly converted to USDT through Binance P2P transactions. (infobae)
According to Viet Nam News, Vietnam’s Ministry of Finance has proposed in the draft amendment to the Law on Support for Small and Medium Enterprises (SMEs) that SMEs be permitted to use digital assets, virtual assets, intellectual property, intangible assets, and future-formed assets as collateral for bank loans—aiming to improve access to financing for private enterprises and tech startups. The draft also encourages credit institutions to base lending decisions more heavily on credit ratings, business plans, market expansion potential, and corporate cash flow, thereby reducing reliance on traditional forms of collateral such as real estate. The Ministry of Finance stated that this policy seeks to unlock resources within the private economy and align with Resolution No. 68-NQ/TW.
Aave has published a post-mortem of the April 18 rsETH incident, stating that the rsETH LayerZero V2 cross-chain bridge of liquid staking protocol Kelp accepted a forged message during a cross-chain transfer from Unichain to Ethereum. This caused the adapter on the Ethereum side to release 116,500 rsETH without a corresponding burn on the Unichain side. Aave stated that the attack occurred on a third-party cross-chain bridge infrastructure. However, the attacker deposited the stolen rsETH into 8 Aave V3 positions, borrowing 82,650 WETH and 821 wstETH, which impacted the Aave market.Aave stated that the attacker's rsETH on Arbitrum has now been burned. The LayerZero OFT adapter has replenished 116,131.72 rsETH in 5 batches, and the asset backing for rsETH has been fully restored. The affected WETH and rsETH markets have returned to normal.
According to an official announcement, Laser Digital has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank, a federally regulated trust institution that will serve institutional clients. Upon receiving its formal charter, the bank’s scope of operations will include foreign exchange and stablecoin brokerage, cross-margin collateral management for digital and traditional assets, and multi-asset trust custody for tokenized and traditional assets.
According to Cambodian media outlet Kohsantepheap Daily, Yang Weixin, a 53-year-old Chinese national and real estate company owner, was kidnapped by a criminal gang in Phnom Penh. On the early morning of May 30, suspects used the victim’s mobile phone to demand $2 million worth of cryptocurrency from his wife. After failing to receive the ransom, they murdered the victim and dumped his body inside a car. Surveillance footage shows that three suspects forcibly abducted the victim from the parking lot of his residence on the evening of May 29. Local police have confirmed the case as a kidnapping-for-ransom resulting in death, and the investigation is ongoing.
According to Cointelegraph, U.S. Senator Cynthia Lummis stated that if Congress fails to pass the digital asset market structure bill—the Digital Asset Market Clarity Act (the “CLARITY Act”)—the United States risks falling behind other countries, including China, in leadership on crypto regulation. She noted that enacting a comprehensive crypto regulatory framework would help ensure that other nations do not write the rules for the next era of finance. Earlier, in May, the Senate Banking Committee voted to advance the bill; however, it still requires passage by both chambers of Congress and the President’s signature before becoming law.