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the U.S. House of Representatives has introduced a new bipartisan bill, the "American Reserve Modernization Act of 2026" (ARMA), which aims to include Bitcoin held by the U.S. government in a strategic reserve and requires a minimum 20-year lock-up period.Unlike the previously proposed BITCOIN Act, the new bill no longer requires the U.S. government to purchase 1 million BTC. Instead, it primarily incorporates Bitcoin already held or acquired in the future through means such as criminal and civil forfeitures into the reserve. Additionally, the bill will establish a separate Digital Asset Stockpile to manage non-Bitcoin crypto assets held by the federal government.According to the draft, Bitcoin entered into the strategic reserve shall not be sold, exchanged, auctioned, hypothecated, or otherwise disposed of for 20 years. After the lock-up period ends, the Secretary of the Treasury may recommend selling up to 10% of the reserve assets within any two-year period.The bill also requires the government to publish quarterly reserve proofs and conduct third-party audits of its Bitcoin holdings. Supporters argue that the U.S. should not sell strategic digital assets but should hold them long-term as part of a modernized national reserve system.
OdailyOdaily reports that Squid, a cross-chain infrastructure platform, has completed a $6 million strategic funding round led by North Island Ventures, with participation from Ripple, Dialectic, Borderless, and others.It is reported that Squid was initially incubated within the Axelar ecosystem before developing into an independent platform. Since its launch in 2023, Squid claims to have processed over $6 billion in cross-chain transaction volume, covering more than 100 blockchains, with over 4 million cumulative transactions and over 1 million users.Following this funding round, Squid's total cumulative funding has reached $13.5 million. The company plans to use the new funds to launch new consumer-facing products, further streamlining the process for users to access, manage, and use crypto assets across different chains.
according to community sources, the "Federal Reserve June Interest Rate Decision" prediction event has gone live on the HIP-4 testnet.Previously, Hyperliquid’s mainnet launched HIP-4, with the first offering being a BTC daily settlement prediction market.
Regarding the China Securities Regulatory Commission’s (CSRC) notice on rectifying illegal cross-border securities, futures, and fund-related activities and associated penalties, Wang Shan, Chief Operating Officer of Tiger Brokers (Hong Kong) Global Limited, stated that the company is aware of the notice issued by the CSRC. The company clarified that the notice does not directly apply to its Hong Kong entity, which is a licensed corporation holding a license issued by the Securities and Futures Commission (SFC) of Hong Kong, operating independently and subject to SFC supervision. (Yicai)
On the 19th of this month, Trump signed an executive order requiring enhanced scrutiny of banking activities conducted by non-citizens in the United States and directing the U.S. Department of the Treasury to issue formal guidance to financial institutions for identifying and reporting suspicious activities—including evasion of payroll taxes, concealment of true account holders, and off-the-books wage payments. Citing the need to restore integrity in the financial system and guard against structural risks, the executive order requires the U.S. Department of the Treasury, the Consumer Financial Protection Bureau (CFPB), and federal financial regulators to promulgate new rules within 60 to 180 days. These rules include strengthening customer due diligence for individuals without work authorization and their employers; incorporating potential deportation and income loss into assessments of loan repayment capacity; and intensifying investigations into illicit financial activities designed to circumvent the Bank Secrecy Act (BSA)—such as misuse of Individual Taxpayer Identification Numbers (ITINs), shell companies, and transaction structuring.
According to Securities Times, the China Securities Regulatory Commission (CSRC), in collaboration with eight other ministries and commissions, issued the “Notice on Regulating Cross-border Securities, Futures, and Fund Business Activities of Mainland Chinese Investors,” further clarifying regulatory requirements for such industry-related business activities. Tiger Brokers stated that it will strictly adhere to the industry-wide regulatory standards promulgated by regulators and steadily advance its compliance efforts. Tiger Brokers noted that since 2023, the company has fully ceased opening accounts for users holding mainland Chinese identities and simultaneously halted all external advertising, marketing promotions, and related activities. It has also continuously strengthened account review, identity verification, and anti-fraud management mechanisms. As of the end of the first quarter of 2026, mainland Chinese clients’ assets accounted for approximately 10% of the Group’s global total assets.
A recent exchange report published by CoinDesk shows that Gate continues to maintain a leading global position in both spot and derivatives markets. In April, Gate's spot trading volume reached $39.3 billion, while its derivatives trading volume hit $350 billion. Combining both spot and derivatives, its total trading volume ranked fourth globally. Meanwhile, Gate also secured the fourth spot in the global derivatives exchange ranking, holding a 9.86% market share and maintaining its position as a top-tier trading platform worldwide.The report indicates that despite a general decline in overall derivatives market activity, the open interest on centralized exchanges saw a counter-trend increase of 16.9% in April, reaching $105 billion—a new high since February this year. Gate ranked fourth among global retail trading platforms in terms of open interest, with a 9.45% market share, reflecting its ongoing advantages in liquidity depth, trading activity, and competitiveness within the derivatives market.Beyond trading services, the CoinDesk report also highlighted multiple advancements in Gate’s products and ecosystem. Gate has become the first centralized exchange to integrate Polymarket, allowing users to participate in prediction market trading directly through the Gate App using USDT. Currently, Gate has established a systematic framework focusing on the convergence of AI and Web3, progressively forming an AI ecosystem comprising Gate.AI, Gate for AI Agent, GateRouter, and GateClaw. This positions Gate to accelerate its evolution into a key gateway for next-generation AI and on-chain interactions.
Intercontinental Exchange is collaborating with cryptocurrency trading platform OKX to plan the launch of perpetual futures contracts linked to crude oil.According to a joint statement, the price of ICE's Brent crude oil and WTI crude oil futures will serve as the pricing basis for these perpetual contracts. The product will be available in regions where OKX is licensed to offer perpetual contract trading. (Bloomberg)
According to the official announcement, Binance Earn, One-Click Buy, Instant Swap, VIP Borrowing, and Margin Trading will be launched on Genius Terminal (GENIUS) and OpenGradient (OPG) on May 22 at 20:00. Cross-margin and isolated-margin trading pairs will be expanded to include GENIUS/USDT, GENIUS/USDC, OPG/USDT, and OPG/USDC.
Odaily Odaily报道，火币 HTX 公告显示，火币 HTX 将于 5 月 22 日 18:00 (GMT+8) 开放 SFP 的充币服务。SFP/USDT 现货交易将于 5 月 22 日 20:00 (GMT+8)开放。SFP 的提币服务将于 5 月 23 日 20:00 (GMT+8) 开放。据悉，SafePal 是一家成立于 2018 年的加密货币钱包品牌，致力于帮助用户保护并增值其数字资产。SafePal 提供硬件及软件钱包，用户可通过 SafePal 应用程序，对所有产品进行配对与统一管理。此外，SafePal 也是首个获得币安投资并支持的硬件钱包品牌。
On Bitcoin Pizza Day 2026, Bitget launched its global brand campaign “Flip the Slice,” centered around a musical short film titled *The Infinite Flip*. With lighthearted irony, the film transforms skeptics’ voices into an integral part of community culture—carrying forward the crypto ethos and narrative tension embodied by Bitcoin Pizza Day.
According to Securities Times, on May 22, the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) of Hong Kong jointly issued notices updating guidance on cross-border securities, futures, and fund business activities involving mainland Chinese investors. Futu stated that these guidelines and regulations represent unified industry-wide requirements, and it will steadily advance its compliance efforts strictly in accordance with regulatory requirements. Futu emphasized that it had earlier completely ceased opening accounts for applicants holding mainland Chinese identity documents and has continuously strengthened efforts against fraudulent account openings—rejecting tens of thousands of non-compliant account applications over the past two years. Futu has consistently engaged proactively with regulators and adhered to their rectification requirements. As of the end of Q1 2026, mainland Chinese clients with assets accounted for 13% of the Group’s total clients with assets.
Polymarket staff member Shantikiran Chanal posted on platform X, stating that they have taken note of the security reports related to reward distribution, and that user funds and market settlements remain safe. The investigation indicates that a private key leak occurred in a wallet used for internal operations, and the issue is not related to contracts or core infrastructure. Further updates will be provided.Previous report: ZachXBT stated that the Polymarket UMA CTF Adapter contract allegedly came under attack on Polygon, with over $520,000 having been drained.
tea Protocol has officially joined Aerodrome Aero Ignition. Aero Ignition is Aerodrome's on-chain liquidity bootstrapping mechanism for new projects. The tea Protocol community vote will commence on May 28, with the $TEA TGE scheduled for June 4.As one of the core DEXs in the Base ecosystem, Aerodrome utilizes a veAERO voting mechanism, allowing the community to decide which projects receive greater liquidity incentives. As voting support increases, the $TEA liquidity pool will gain stronger liquidity backing, thereby enhancing trading depth, ecosystem exposure, and market activity.It is reported that tea Protocol is a Web3 infrastructure project reshaping the value system for global open-source software. It aims to address the long-standing issues "invisible contributions" and "non-distributable value" at the internet's foundation. In the AI-driven software era, tea Protocol uses on-chain mechanisms and a "Proof of Contribution" system to convert the dependencies, usage influence, and developer contributions of open-source software into quantifiable and verifiable network value, thereby establishing a sustainable incentive and trust layer for critical open-source infrastructure.
According to official sources, the China Securities Regulatory Commission (CSRC) and seven other departments have jointly issued the "Implementation Plan for the Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations." The overall requirement of the rectification plan is to completely ban the illegal cross-border operations of overseas securities, futures, and fund institutions after two years of concentrated rectification, achieving the goal of "resolutely banning illegal activities and prudently clearing existing stock."The targets of the rectification include overseas institutions illegally operating cross-border securities, futures, and fund businesses; domestic affiliated or cooperative entities assisting these overseas institutions in illegal cross-border operations; illegal intermediaries soliciting domestic investors; and internet platforms and online self-media that illegally publish information. The illegal cross-border operations of overseas institutions will be banned according to law. Acts by relevant entities that violate laws and regulations on foreign exchange management, anti-money laundering, cybersecurity and information management, and personal information protection will also be included within the scope of the rectification.
According to an official announcement, Bitget stock contracts have now launched two popular US stock indices: SP500 (S&P 500 Index) and NDX100 (Nasdaq 100 Index). The aforementioned contracts support up to 50x leverage. For more details, please refer to the Bitget official platform.
The China Securities Regulatory Commission (CSRC), the Ministry of Industry and Information Technology, the Ministry of Public Security, the People’s Bank of China, and five other departments jointly issued the “Implementation Plan for Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations,” specifying a two-year concentrated campaign to tackle illegal cross-border securities, futures, and fund operations, with the goal of “resolutely banning illegal activities and steadily clearing existing cases.” The plan prohibits overseas institutions from conducting marketing, account opening, trade order processing, and fund transfers illegally within China; bans internet platforms, self-media outlets, and domestic entities from providing traffic-driving, technical, or customer service support; and mandates that, during the rectification period, existing accounts may only conduct one-way sell orders and fund withdrawals.
on May 22 that the new-generation Perp DEX PopDEX has announced the completion of a $30 million funding round, led by Foresight Ventures. PopDEX is a decentralized perpetual contract trading platform centered on traders, focusing on capital efficiency, trading experience, and value distribution mechanisms, aiming to build an on-chain derivatives trading platform driven by real trading activity.The team stated that the funds will be used to inject initial liquidity into the project, enhance trading depth and capital efficiency, accelerate product development, and expand the team and market. PopDEX has already begun inviting select top-tier traders to participate in internal testing and will continuously optimize the product experience based on early user feedback. The internal testing phase will focus on refining aspects such as the trading process, capital efficiency, product interaction, risk control, and user experience, preparing for a wider public beta test and subsequent product launch.
: According to official sources, Gate has now launched pre-market trading for the SpaceX (SPCX) perpetual contract (USDT settlement), supporting leverage of 1-10x.It is reported that as the first Pre-IPOs project on Gate, SpaceX (SPCX) had a subscription price of $590. After a 1:5 split, the subscription price per share was $118. Following the split, the highest price in the 24-hour pre-market spot trading reached $189.90, with a cumulative increase of 60.93%.
Anchorpoint Financial, OSL Group, and PantherTrade have successfully completed the first end-to-end financial transaction of Hong Kong's first approved stablecoin, HKDAP, on the Ethereum public chain. This digital asset operates under the regulation of the Hong Kong Monetary Authority.The technical execution of this transaction was jointly carried out by Anchorpoint Financial, a fintech firm backed by Standard Chartered Hong Kong, along with digital brokerage firms OSL Group and PantherTrade. During this blockchain test, participants directly converted traditional physical Hong Kong dollars into reserve assets, triggering the minting of on-chain digital balances. Upon completion of the transaction, the tokens were converted back to fiat bank balances through a redemption agreement. Standard Chartered provided the custodial architecture and trust services for this process.The stablecoin is scheduled to begin its phased public issuance towards the end of the second quarter of this year. (financefeeds)