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News linked to both this project and an event.

Former Hodlnaut CEO Zhu Juntao Charged with Six Fraud Counts Over Alleged False Statements Related to Terra

According to Cryptopolitan, Zhu Juntao, former CEO of Singapore-based crypto lending platform Hodlnaut, has been charged with six counts of fraud—each carrying a maximum penalty of 20 years’ imprisonment, a fine, or both—for allegedly making false statements regarding exposure to TerraUSD (UST). Prosecutors allege that Hodlnaut invested $317 million in user funds into Terra’s Anchor Protocol without disclosing this to users, resulting in losses of $189.7 million following the UST collapse in May 2022. Zhu Juntao has pleaded not guilty to all charges; a pre-trial conference is scheduled for June 2026.

South Africa Plans to Clarify Regulatory Framework for Cross-Border Cryptocurrency Transactions, Emphasizing No Restrictions on Holding

South Africa’s National Treasury and the South African Reserve Bank (SARB) stated that they are shifting their regulatory focus on crypto assets toward rules governing cross-border digital asset activities, rather than restricting ownership per se, and have extended the public comment period for the draft “Regulations on Capital Flows” to 30 June 2026. Both entities clarified that the proposed regulations do not intend to criminalize crypto asset ownership nor will they be applied retroactively. A draft handbook outlining the cross-border crypto asset framework will follow, specifying the definition of cross-border crypto transactions and the obligations of authorized crypto asset service providers.

Robinhood’s Acquisition of WonderFi Approved by Canadian Regulators

Canada’s investment industry regulator, CIRO, has approved Robinhood’s acquisition of digital asset products and services company WonderFi. WonderFi stated that the transaction will help Robinhood enhance its programmable financial products capabilities and expand Canadian users’ access to cryptocurrency trading. Originally scheduled for completion in the second half of last year, the acquisition has been extended to June 1, 2026, to allow Robinhood time to deploy its proprietary technology in Canada and complete regulatory approvals. WonderFi’s portfolio includes Bitbuy and Coinsquare, with operations spanning cryptocurrency trading, staking, and custody.

US CLARITY Act Consideration May Be Delayed to July, Affecting Probability of Final Passage in August

crypto journalist Eleanor Terrett posted on platform X, stating that due to ongoing disagreements within the Republican party over the border security coordination bill, the US Senate failed to advance relevant agenda items before the Memorial Day recess. As a result, the crypto market structure bill, the CLARITY Act, will need to compete for Senate floor time again after Congress reconvenes in early June. The Senate's current schedule is already very tight, with housing legislation, the farm bill, and the FISA Act deadline on June 12 also needing to be addressed. Therefore, the crypto market structure legislation is likely to be postponed for consideration until July, thereby affecting the probability of its final passage before the August recess. It is reported that staff from the Senate Agriculture Committee and the Banking Committee have already begun coordinating and merging bill texts behind the scenes, and related technical drafting work will continue during the recess.

U.S. House Oversight Committee Investigates Insider Trading Issues at Kalshi and Polymarket Platforms

According to CNBC, James Comer, Chairman of the U.S. House Committee on Oversight and Government Reform, has launched an investigation into prediction market platforms Kalshi and Polymarket, demanding that both companies detail their measures to prevent insider trading—including identity verification, enforcement of geographic restrictions, and mechanisms for detecting anomalous trading activity. Comer stated that internal records from these platforms are critical for identifying improper traders and assessing whether the platforms have fulfilled their legal obligations. Previously, Polymarket was reported to have hosted suspicious trades related to U.S. actions concerning Iran and Venezuela; Kalshi had also suspended the accounts of three congressional candidates who placed bets on their own election outcomes. Comer has directed both companies to submit the relevant documents by June 5.

South Korean regulatory authorities have launched an investigation into Polymarket to determine whether it has violated anti-gambling laws.

According to Bloomberg, South Korea’s Korea Communications Standards Commission has launched a formal investigation into prediction market platform Polymarket to determine whether it offers illegal gambling content and violates South Korean law. The report states that South Korea will hold local elections in June, and several Polymarket trading markets related to the election results have already emerged, enabling users to place bets on outcomes using cryptocurrency assets. South Korea enforces strict anti-gambling regulations, permitting only government-licensed forms of betting, such as horse racing and sports betting. Polymarket previously stated that its market prices are formed through participant trading, and the platform itself does not set odds.

South Korea Plans to Inject Semiconductor Windfall Taxes into Sovereign Wealth Fund, Expanding Seed Capital to Nearly $20 Billion

the South Korean government plans to inject some of the excess tax revenue from the semiconductor industry boom in cash into a new sovereign wealth fund set to launch in the second half of this year. The fund originally planned to raise 20 trillion won through in-kind contributions, such as government-held shares in state-owned enterprises, but has now decided to add several trillion won in cash, expanding its seed capital to nearly 30 trillion won (approximately $20 billion).The fund is a growth-oriented fund aimed at making medium to long-term investments in promising companies at the growth stage within South Korea's strategic industries. The relevant establishment bill is expected to be submitted to the National Assembly in June, with the funds included in the 2027 budget proposal.

German stablecoin startup AllUnity plans to launch its Swedish krona (SEK) stablecoin, SEKAU, in June and roll out its AI-powered payment agent system.

According to CoinDesk, German stablecoin startup AllUnity plans to launch SEKAU—a Swedish krona-pegged stablecoin—in June, following final regulatory and operational approvals, and will issue it under the EU’s Markets in Crypto-Assets (MiCA) regulatory framework. Meanwhile, AllUnity has also launched Agentic Payments, enabling businesses to receive transactions initiated autonomously by AI software agents and settle funds directly into local bank accounts. The system adopts Coinbase’s x402 payment standard and targets online digital services, content, and data sales. AllUnity is backed by DWS, Flow Traders, and Galaxy Digital, and is regulated by Germany’s Federal Financial Supervisory Authority (BaFin).

Japan’s Financial Services Agency (FSA) has officially classified certain foreign-issued stablecoins as electronic payment instruments, effective June 1.

On May 19, Japan’s Financial Services Agency (FSA) announced the revised Cabinet Office Ordinance on Electronic Payment Instruments and Other Related Businesses, explicitly including trust beneficiary rights established under foreign laws that are equivalent to Japanese regulatory frameworks within the definition of “electronic payment instruments” under Japan’s Act on Settlement of Funds. This provides a legal basis for the compliant circulation in Japan of trust-based stablecoins issued by specific foreign entities. The new rules will take effect on June 1, 2026, and concurrently clarify that such foreign trust beneficiary rights shall not be deemed securities under Japan’s Financial Instruments and Exchange Act.

US Crypto Market Structure Bill Enters Critical Period: NYDIG Warns June–August Is the Final Legislative Window

Odaily News: Greg Cipolaro, Research Director at financial services firm NYDIG, stated that the most realistic legislative window for the U.S. Senate's crypto market structure bill is June to early August. If progress cannot be made during this period, the bill may face uncertainty extending beyond the midterm elections or even longer.Earlier, White House crypto advisor Patrick Witt had proposed July 4 as an ideal legislative timeline, but NYDIG considers this target overly optimistic. The bill still needs to clear multiple hurdles, including committee review, a full Senate vote, and House procedures.The bill aims to establish a clear regulatory framework for U.S. crypto assets and is regarded as one of the most critical pieces of legislation this year. However, it has faced repeated delays due to disagreements over stablecoin regulation, ethical clauses, and DeFi rules. The Senate Banking Committee has advanced the draft for a full Senate vote, but it still requires at least 60 votes to pass.Analysts point out that if the bill fails to pass before the election cycle, shifts in Republican and Democratic control of the Senate could further reduce legislative certainty, keeping the industry in a state of regulatory ambiguity.However, if the bill is ultimately passed and signed into law, it would bring regulatory clarity to the market. In particular, Bitcoin is expected to be clearly classified as a commodity, thereby reducing uncertainty for institutional entry. (Cointelegraph)

Galaxy’s Head of Research: The CLARITY Act faces a tight timeline, potentially reaching President Trump for signature as early as August

Alex Thorn, Head of Research at Galaxy, posted on X that the U.S. Senate Banking Committee voted 15–9 this week to advance the CLARITY Act to a full Senate vote. With time running short—approximately nine weeks remain—the projected timeline for next steps is as follows: June 1: Begin reconciling the Senate Banking Committee’s and Senate Agriculture Committee’s versions of the bill; June 15: Full Senate debate begins; June 22: The Senate may complete its final vote; July 13: Senate–House reconciliation concludes; Early August: President Trump signs the bill into law (assuming the schedule stays on track). Alex Thorn analyzed that Democrats are focusing heavily on “ethics provisions” designed to restrict digital asset holdings and profits by senior officials and their family members. Meanwhile, negotiations continue on the Decentralized Finance Regulation and Blockchain Regulatory Certainty Act (BRCA). The CLARITY Act will lay the groundwork for innovation in the U.S. digital asset market and for investor protection.

Myanmar to Enact Strict Laws Against Crypto Fraud, with Death Penalty as Maximum Punishment

According to The Block, Myanmar’s military government has released a draft of the “Anti-Online Fraud Act,” which proposes imposing the death penalty on individuals who force others to engage in online fraud and life imprisonment for those operating fraud centers or committing cryptocurrency-related fraud. The draft also proposes establishing a dedicated committee to coordinate international efforts against fraud. Myanmar’s parliament is expected to review the bill in early June. Earlier, in September 2025, the U.S. Department of the Treasury imposed sanctions on multiple entities in Myanmar and Cambodia suspected of involvement in cryptocurrency investment fraud. FBI data shows that cryptocurrency-related fraud losses in 2025 reached $11.4 billion—more than half of all internet crime losses.

Greeks.live: Today, 25,000 BTC options and 274,000 ETH options expire.

According to analyst [email protected] (@BTC__options), the options expiry data for May 15 is as follows: For BTC, 25,000 contracts expired, with a Put-Call Ratio of 0.59, a maximum pain point at $80,000, and a notional value of $2 billion. For ETH, 274,000 contracts expired, with a Put-Call Ratio of 0.4, a maximum pain point at $2,300, and a notional value of $620 million. This week, Bitcoin traded sideways near $80,000, exhibiting clear technical support; market attention remained low, with only 6% of BTC options expiring, versus 11% for ETH. BTC’s key-term implied volatility (IV) stood at approximately 35%, while ETH’s was around 50%. Skew has fluctuated minimally over the past month, reflecting neutral directional sentiment, and options activity remains extremely low—approximately 20% of open interest is expected to remain by end-May and roughly 30% by end-June. Overall, Bitcoin performed relatively well in both price and market热度 during Q2 2024, supported by favorable legal, regulatory, and macroeconomic developments. However, market热度 still falls short of expectations. Against this long-term bullish backdrop, Bitcoin remains the primary trading instrument, and positioning in medium-to-long-dated options is widely viewed as a reasonable strategy.

Myanmar Proposes Death Penalty for Criminals Forcing Victims into Crypto Scams

Myanmar is proposing the death penalty in a draft of the "Anti-Online Scam Bill" for criminals who use violent means to force victims to participate in cryptocurrency scam centers.According to the draft, individuals who subject others to violence, torture, illegal detention, or other cruel treatment, and force them to engage in online fraud activities, will face the death penalty. The relevant bill is expected to be submitted to parliament for review this June.In addition, operators of scam centers and perpetrators of crypto scams may also face life imprisonment. Reports state that the President of Myanmar commuted all death sentences nationwide to life imprisonment last month. (Protos)

CME Group to Launch Nasdaq CME Crypto Index Futures on June 8

CME Group announced plans to launch Nasdaq CME Crypto Index futures on June 8, 2026, subject to regulatory review. This will be its first market-cap-weighted futures contract, offered in both micro and standard sizes, and cash-settled. Final settlement will be based on the Nasdaq CME Crypto Settlement Price Index, which measures the performance of the largest and most actively traded cryptocurrencies by market capitalization—currently including BTC, ETH, SOL, XRP, ADA, LINK, and XLM.

CME to Launch Nasdaq CME Cryptocurrency Index Futures on June 8

CME Group announced plans to launch Nasdaq CME Cryptocurrency Index Futures on June 8, pending regulatory review. The Nasdaq CME Cryptocurrency Index Futures will be the company’s first market-capitalization-weighted futures contract and will be available in both micro and standard contract sizes. These contracts will provide market participants with a capital-efficient way to gain exposure to the top-ranked cryptocurrencies by market capitalization through a single financially settled futures contract. At expiration, the Nasdaq CME Cryptocurrency Index Futures will settle against the Nasdaq CME Cryptocurrency Settlement Price Index, which measures the performance of the most actively traded and liquid cryptocurrencies. As of May 14, the index includes Bitcoin, Ethereum, SOL, XRP, ADA, LINK, and Lumens (XLM).

Anthropic Allows Third-Party Agents to Reconnect with Claude Subscription, But Adds Independent Usage Limits

Anthropic announced a new Agent SDK billing policy effective June 15, 2026. Under the new rules, third-party agent tools like OpenClaw will be allowed to reconnect with the Claude subscription version, but will require a separate "dedicated monthly allowance" that is no longer shared with regular chat quotas.Previously, in April of this year, Anthropic restricted third-party tools from using Claude subscription quotas citing abuse prevention. This adjustment is seen as the final resolution to the related controversy—reopening third-party access while completely isolating agent calls from regular chat quotas.Specifically, Pro users will receive a $20 dedicated monthly allowance; Max 5x and advanced Team plans get $100; Max 20x and advanced Enterprise plans receive a maximum of $200. These allowances can only be used for third-party applications, self-built agent projects, and claude-p backend command calls. The allowance resets monthly, and any excess usage will be charged at standard API rates.

Japan telecom giant KDDI plans to invest approximately $65 million in Coincheck

Odaily News: Japanese telecommunications company KDDI will subscribe to 28.5 million newly issued shares of Coincheck Group at JPY 2.28 per share, with a total transaction value of approximately $65 million. Upon completion of the transaction, KDDI will hold about 14.9% of Coincheck, with the deal expected to close in June 2026.The two parties have also signed a business cooperation agreement, planning to collaborate on user acquisition, revenue sharing, and digital asset services. Reports indicate that Coincheck will leverage KDDI's user ecosystem, including au, UQ mobile, and povo, to expand its crypto business coverage, while KDDI will gain exposure to compliant digital asset infrastructure through the partnership.Reports suggest that major Japanese companies are gradually entering the digital asset industry through collaboration models, rather than building their own trading infrastructure. (FinanceFeeds)

The White House has set July 4 as the target date for the House of Representatives to pass the Digital Asset Market Structure Act.

According to CoinDesk, Patrick Witt, Executive Director of the White House’s Digital Assets Advisory Committee, stated at Consensus Miami 2026 that the White House has set July 4 as the target date for the House of Representatives to pass the Digital Asset Markets Clarity Act (Clarity Act). The specific timeline is as follows: the Senate Banking Committee will complete its markup process this month; in June, the full Senate vote will proceed during four designated Senate work weeks; and the bill will then be sent to the House of Representatives for a final vote before Independence Day. Regarding core points of contention in the bill, Senators Thom Tillis and Angela Alsobrooks have reached a compromise on the stablecoin yield provision—prohibiting stablecoins from offering yields equivalent to bank deposits, while preserving rewards tied to consumer spending. Witt stated this issue is “closed.” Additionally, the White House is pushing to expand the scope of conflict-of-interest provisions to cover *all* government personnel, “from the President to congressional interns,” and explicitly opposes targeted provisions aimed at specific officials or their families. Witt also warned that if the U.S. fails to establish regulatory leadership by 2026, it will be forced to follow rules set by other countries—“God forbid China sets those rules.”

CME to Launch Bitcoin Volatility Futures, Enabling Non-Directional Trading

: CME Group has announced the launch of cash-settled Bitcoin Volatility Futures, scheduled to go live on June 1st (pending regulatory approval).Based on the 30-day Implied Volatility Index (BVX), this product allows traders to trade or hedge Bitcoin volatility without speculating on the direction of price movements.The new contract is expected to carry the ticker symbol BVI, with a contract multiplier of $500 x the index value, aiming to provide the market with a more refined risk management tool.