News linked to both this project and an event.
Sberbank, Russia's largest bank, plans to launch a cryptocurrency wallet and digital custody services, with the earliest launch expected in December. The services will be integrated into the "Sberbank Online" and "SberInvestments" platforms, pending the official implementation of Russia's forthcoming "Digital Currency and Digital Rights Law" in September.The bill is expected to establish a licensing framework for transactions, custody, fiat exchange, and cross-border settlements involving crypto assets, while also allowing eligible investors to participate in trading within set limits.Sberbank stated that users will be able to access authorized crypto assets directly within the bank's application, and a digital asset custody system will also be launched for token storage and ledger management.Against the backdrop of advancing regulations, financial institutions including the Moscow Exchange and VTB are also accelerating their deployment in digital asset-related businesses, as Russia's financial system gradually opens up to the compliant crypto market. (CoinDesk)
According to CoinDesk, the U.S. Crypto Market Structure Bill Clarity Act failed to be signed within the previously expected timeframe. As Congress approaches its summer recess, pressure is mounting for the bill to be enacted within 2026. However, several observers following the legislative process remain cautiously optimistic about its passage within the year, believing that current key coordination efforts are still ongoing, including the consolidation of content between the Senate Agriculture Committee and Banking Committee versions.
White House advisor Patrick Witt stated in May that he hoped the Clarity Act would be signed into law on July 4th, but the bill did not meet this deadline. CoinDesk reports that the biggest risk now actually comes from the House of Representatives. Recently, the U.S. House of Representatives has faced resistance in advancing multiple agendas, including important bills like the budget proposal. Market concerns are growing that declining legislative efficiency could further slow down the progress of the CLARITY Act.Additionally, the market believes that August 7th (the last working day before the Senate's summer recess) will become an important time window for advancing the bill. (CoinDesk).
The PPP Prediction Market tool monitors that Polymarket has listed a new event: "Will the US government revoke public access to another major AI model?" The current probability is reported at 33%.The settlement rules state: If the US federal government, by the end of 2026, passes relevant legislation, issues an executive order, implements export controls, or takes any other action that substantially restricts US public access to a major AI model, the market outcome will be "Yes." Otherwise, the outcome will be "No." A "qualifying action" refers to a formal measure taken by the US government, the effect of which is equivalent to completely prohibiting the public from accessing a specific AI model within the United States. Furthermore, the settlement rules emphasize that regardless of the action's true purpose or nominal goal; if the action effectively results in the public being unable to access the model within the US—for example, prohibiting the model from being provided to foreign citizens or governments, as long as the general public cannot access the model through conventional channels within the US—it meets the qualification requirements. Merely excluding access to the model from a single channel is insufficient. Removals of public access that are not caused by any formal action of the US government are not eligible."Mainstream AI model" refers to the flagship, general-purpose large language model or multimodal foundation model developed by one of the following companies: OpenAI, Anthropic, Google (including Google DeepMind), Meta, xAI, Microsoft, Amazon, Mistral AI, DeepSeek, Alibaba, ByteDance, Moonshot AI, and Zhipu AI (Z.ai). Models designed for specific tasks, or those that are outdated, used solely for research or preview purposes, do not meet this criterion.The action can target a single model or a group of models, as long as at least one major AI model becomes inaccessible to the public within the US as a result. A temporary suspension of public access to a model meets this condition. However, if an action has been implemented or a related resolution has been issued, but the public can still access the model before the resolution takes effect, that action does not meet the condition.The information sources for this market are official announcements and information from the US government and the relevant AI companies. However, reliable media reports may also be referenced to form a consensus.The Odaily Seer Channel continues to monitor prediction markets, observing changes before prices are set.
"White Hair Stock God" Serenity stated that when he first used ChatGPT in 2023, he believed large language models "performed poorly" in programming capabilities. However, three years later, the related technology has undergone a qualitative transformation. Modern cybersecurity and AI systems, represented by Mythos, now possess "weapon-level" capabilities. He believes the industry is currently entering a critical "inflection point," where humanoid robots and automation technologies are approaching the tipping point for large-scale replacement of human labor.Serenity noted that although outsiders often question whether humanoid robots can currently perform complex tasks such as pipe repair or electrical wiring, the direction of technological evolution is already very clear, with continued breakthroughs expected in the coming years. Market participants, including VCs and large tech companies, have begun adjusting their strategies. Some companies have internal plans to replace a significant amount of human labor with robots to reduce operational costs, referencing previous rumors about Amazon reducing hundreds of thousands of job openings through robotics.Serenity believes that highly regulated industries such as healthcare, ultra-high-skill professional positions, and service sectors relying on human emotional connections may still retain some resistance to substitution. However, the overall trend still points towards a "restructuring of labor." As competition between China and the U.S. intensifies in cutting-edge technology fields, humanoid robots and automation may enter a stage of national-level technological competition. He believes China already holds a leading position in certain areas.
Nick Timiraos, known as the "Fed Whisperer," posted on the X platform: Trump stated that he believes Fed Chair Warsh leans dovish within the Federal Open Market Committee (FOMC). This came a day after similar remarks from White House National Economic Council Director Hassett, and a week after Treasury Secretary Bessent expressed hope that the Fed would maintain an "open attitude" toward inflation and predicted the Fed would ease policy this year. A new era of "forward guidance"...
According to JPMorgan analysts, Michael Saylor’s Strategy recently officially launched a Bitcoin sale policy, transforming the company from a pure BTC buyer into a potential seller, introducing an “avoidable two-way risk” to the crypto market.Strategy’s Bitcoin sale policy, named the BTC Monetization Program, allows the company to sell Bitcoin to raise up to $1.25 billion in cash reserves. These funds will be used to pay preferred stock dividends and interest expenses, or to repurchase preferred and common shares, in order to optimize its capital structure.JPMorgan believes that Strategy’s potential future sale of BTC will increase market uncertainty and volatility regarding the price of Bitcoin. Analysts stated that if the company had instead supplemented its future dividend payment reserves by issuing equity, this risk could have been avoided.Strategy currently has a minimum cash reserve target covering 12 months of preferred stock dividends and interest expenses, with its current cash reserves of $2.55 billion sufficient to cover approximately 17 months of dividends. JPMorgan believes the company should increase its cash reserves to cover 24 to 36 months of related obligations. Even if this results in the common stock trading at a discount to net asset value, it would provide greater assurance to investors that the company will not be forced to sell Bitcoin in the short term.
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.
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, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.
investigative journalist Whitney Webb has published a series of articles on the origins and ambitions of Polymarket, questioning its official founding narrative.Whitney Webb stated that Polymarket's official claim that "Shayne Coplan founded the company alone in 2020, starting it in a bathroom" is not true. She believes that Polymarket's origins can be traced back to an earlier company, TokenBnk, and that it is linked to a crypto company founded by the nephew and niece of Israeli Prime Minister Benjamin Netanyahu.Webb also stated that Polymarket is essentially a product of Peter Thiel and his team's attempt to revive the Pentagon's early controversial project, the Policy Analysis Market (PAM). This project was previously cancelled due to controversy, and Polymarket can be seen as its "privatized rebirth."
the Spanish National Securities Market Commission has authorized the cryptocurrency platform Venga to operate under the EU's Markets in Crypto-Assets Regulation, making it one of the few entities in Spain to have obtained MiCA approval. The MiCA transition deadline came into effect on July 1. Digital asset companies previously operating under national rules must now obtain formal approval under the new framework, or cease providing regulated services within the EU. This authorization allows Venga to offer services across the 27-member EU market based on a single regulatory framework. Michael Stroev, co-founder and CEO of Venga, stated that the MiCA review covered ownership structure, corporate governance, management suitability, risk frameworks, and product infrastructure. The EU previously had over 3,000 crypto companies registered as local virtual asset service providers. However, approximately 240 companies have now received full MiCA authorization, with fewer than 15 approved companies in Spain.
PPP Prediction Market Tool monitoring shows that Polymarket has launched a new prediction event: "Tesla will officially launch a Robotaxi service in California before December 31, 2026."If Tesla officially offers an autonomous taxi service to the public in California before the end of 2026 that does not require continuous human driver intervention, it will be judged as "Yes"; otherwise, it will be "No."Tesla continues to advance its autonomous driving and Robotaxi布局, but regional progress shows clear divergence. Currently, in parts of the U.S. (such as Texas), it has already conducted more aggressive unmanned mobility tests and planning, while in the California market, it remains primarily constrained by a stricter regulatory framework. The California DMV and CPUC have established a multi-stage approval process for commercial autonomous driving operations, involving multiple hurdles such as road test data, remote safety operator requirements, and commercial passenger permits.At present, Tesla's operations in California are mainly limited to supervised autonomous driving features (FSD Supervised) and have not obtained a commercial Robotaxi license for fully unmanned operations. In contrast, its "Cybercab" and Robotaxi commercialization path is widely considered by the market to be prioritized for deployment in regions with more lenient regulations, leaving California's progress with high uncertainty.Odaily Seer Channel continues to monitor the prediction market, seeing changes before pricing takes place.
the U.S. SEC stated on Tuesday that it is publicly seeking comments on the regulatory approach for "novel ETFs," evaluating whether existing fund registration and listing processes need adjustments. This review comes amid the rapid expansion of crypto ETFs and an increase in applications for prediction market-related ETFs.SEC Chairman Paul Atkins said the regulator wants to hear market opinions to ensure that the U.S. ETF market can effectively serve investors while continuing to grow and innovate. Since Atkins took over as SEC Chairman in April 2025, the SEC has approved multiple crypto ETFs beyond Bitcoin and Ethereum, including products tracking assets like SOL and DOGE.Currently, market attention is shifting towards prediction market ETFs linked to political and economic outcomes. The SEC has not yet approved such funds for listing and trading and has delayed several related applications. Atkins previously stated that the SEC will evaluate these products in a "transparent and prudent" manner.In this request for comment, the SEC is asking whether a standardized listing framework should be established for ETFs meeting specific criteria and whether certain novel ETFs need to register as investment companies. TD Cowen analysts believe that this request for comment could potentially lead to rule changes as early as 2027, allowing the SEC to permit a wider range of ETF types, including products based on event contracts, crypto assets, and single-stock strategies. (The Block)
According to the latest report from investment bank Jefferies, the U.S. "Clarity Act," although having passed a bipartisan 15:9 vote in the Senate Banking Committee, still faces significant hurdles in the subsequent legislative process. Political uncertainty may exacerbate crypto market volatility in the coming weeks. The bill aims to clarify the regulatory boundary for digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and is considered a core legislative framework for the U.S. crypto market structure. Jefferies pointed out that passage would significantly boost institutional participation, while delays would prolong regulatory uncertainty.Currently, Polymarket data shows that the probability of the bill passing before the end of 2026 has dropped to 48%, a significant decline from 70% in mid-May, primarily due to disputes over ethical clauses, anti-money-laundering reviews, and a tight Senate agenda. Analysts note that with approximately only 20 legislative days remaining before Congress adjourns in August, it must complete the reconciliation of House and Senate versions, procedural votes, and submission to the President for signature. If it fails to advance before the recess, it may be delayed until next year, or even further postponed due to changes in the election cycle.Jefferies believes that if the bill is enacted, it will drive the expansion of businesses such as tokenized assets, custody, staking, lending, and crypto ETFs, benefiting the development of markets like Bitcoin (BTC) and Ethereum (ETH). However, if delayed, it could suppress institutional investment in on-chain infrastructure and crypto-related IPOs.Additionally, the market expects policy uncertainty to continue affecting the stock performance of crypto-related public companies such as Circle, Coinbase, and Bullish. Jefferies added that even as regulations gradually clarify, intensified competition in the stablecoin space could become a long-term source of pressure for companies like Circle. (CoinDesk)
According to an announcement by the Hong Kong Monetary Authority, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly announced on June 29 that they have completed the first-phase review on promoting the further application of Distributed Ledger Technology (DLT) in Hong Kong's fixed income market. The review results confirmed that Hong Kong's existing legal and regulatory environment is sufficiently flexible to support the issuance of tokenized bonds. The Companies Registry released frequently asked questions on the same day, clarifying that registers of debenture holders maintained using DLT comply with the relevant provisions of the Companies Ordinance. The next phase of the review will commence in the second half of this year, focusing on legal optimization issues such as allowing electronic signatures to execute tokenized bond issuance documents, as well as the "possession" and "transfer" of tokenized fixed income products, to promote the wider application of DLT in the fixed income market and the digital asset sector.
According to Bits.media, Fidan Tofidi, Director of the Financial Technology and Innovation Department of the Central Bank of Azerbaijan, stated that the country's Virtual Asset Market Regulation Bill has been drafted and submitted for deliberation, and is expected to be formally enacted within the year. The bill requires all companies engaged in crypto asset business to obtain a license issued by the central bank, prohibits unauthorized operations within the territory, and subjects licensed institutions to ongoing supervision. The regulatory framework will cover compliance requirements such as anti-money laundering, counter-terrorist financing, and customer identification (KYC), and will be incorporated into Azerbaijan's 2027—2030 Financial Market Development Strategy.
According to The Block, the UK Financial Conduct Authority (FCA) officially released the final draft of the comprehensive crypto regulatory framework on Tuesday, covering prudential capital requirements, market abuse control, and stablecoin standards. The mandatory authorization regime will officially take effect on October 25, 2027. The framework applies to crypto trading platforms, custodians, stablecoin issuers, lending and staking service providers, as well as some DeFi entities with identifiable controlling entities. Market abuse rules cover insider trading and market manipulation. Stablecoin issuers must meet requirements for reserve backing, safeguarding of funds, and redemption disclosures, with the capital ratio reduced from 2% to 1%. The FCA will open the authorization application window from September 30, 2026 to February 28, 2027, and will provide pre-application support meetings starting from July this year. Existing anti-money laundering registration status will not be automatically converted, and relevant institutions must reapply for authorization. FCA Executive Director David Geale stated that the framework aims to provide regulatory certainty for the industry while preserving room for innovation.
the core US crypto regulatory bill, the "Digital Asset Market Clarity Act" (Clarity Act), has entered a critical two-week negotiation cycle for legislation. The Senate will be in recess until July 13. During the recess, bipartisan staff, the White House, and representatives from the crypto industry will continue to negotiate outstanding differences in the bill, focusing on resolving disputes over topics such as the integration of the two bill versions from the Senate Banking Committee and the Agriculture Committee, ethics clauses, and anti-money laundering rules.If all parties successfully reach a unified compromise version, the bill could be submitted for a full Senate vote as early as late July to early August. The market generally believes that the period before the August congressional recess is the only window for the bill to be passed this year. If the vote is not completed during this phase, the probability of the bill being enacted into law within 2026 will significantly decrease. (Crypto in America)
: Eric Balchunas, Senior ETF Analyst at Bloomberg, stated that the S&P 500 is currently at historical highs, while money market fund (MMF) assets have also hit record levels. This contrast of "both stocks and cash at highs" is stark, but for bulls, it means there is still plenty of "dry powder" that has yet to enter the market. A significant return of funds to the stock market may only occur when interest rates fall below 3%, as in the current 4% yield environment, investors prefer holding stable net asset value money market funds with no drawdown risk over bond ETFs.Balchunas believes that the substantial drawdown in the bond market in 2022 (e.g., AGG fell by about 13%) eroded investor confidence in traditional bonds, leading money market funds to partially replace traditional bond allocations. Additionally, macroeconomic uncertainties in the U.S. (including factors related to Trump's policies) have further exacerbated capital's wait-and-see sentiment.