News linked to this event type.
the House of Lords Financial Services Regulation Committee stated today that the UK is lagging behind the US and the EU in stablecoin regulation. The committee urged the Bank of England and the Financial Conduct Authority (FCA) to amend several proposals, including reconsidering the holding limits of £20,000 for individuals and $10 million for enterprises, the 40% non-interest-bearing central bank deposit reserve requirement, and restrictions on commercial bank issuance. It also recommended that the FCA review the k-factor capital requirements, which scale based on issuance volume rather than risk proportionality. (The Block)
According to The Block, Payward—the parent company of Kraken—announced that it will open up access to IPO offering-price subscriptions for U.S. publicly traded companies to Kraken users and select partner platform users via the xStocks framework in the coming weeks. Users may submit non-binding subscription indications prior to listing; Payward will aggregate demand and coordinate with underwriting syndicates to allocate tokenized shares at the offering price on the listing day. These stock tokens are fully backed 1:1 by the underlying equities held in custody by regulated entities and are tradable across blockchains including Ethereum, Solana, and TON. Payward stated that it plans to expand into additional markets and onboard more partners to the xStocks Alliance in the future.
xStocks, a framework under Kraken parent company Payward, will launch services allowing users on Kraken and partner platforms to participate in US stock IPOs at the offering price. Users will receive on-chain tokenized shares with a 1:1 correspondence to the underlying stock, which will be held by regulated custodians.Users can submit non-binding subscription intentions via partner platforms weeks before the IPO. Payward aggregates demand, coordinates with the underwriting syndicate for share allocation, and completes pricing, allocation, and token issuance on the listing date. xStocks tokens will be tradable across multiple blockchains including Ethereum, Solana, and TON, and can be integrated with DeFi protocols. (The Block)
Odaily Bitcoin News posted on X platform, stating that the SEC has listed digital assets as a strategic priority before 2030, calling for a clear regulatory framework for blockchain, tokenization, custody, trading, staking, and crypto market infrastructure. The SEC stated that blockchain technology has the potential to revolutionize U.S. financial infrastructure and acknowledged that innovation and development have outpaced existing regulations. The plan also calls for clearer delineation of the regulatory boundaries between the SEC and the CFTC, which is a key issue for Bitcoin and the broader digital asset industry. After years of regulatory uncertainty, the SEC has now officially positioned digital assets as part of the future of U.S. capital markets.
Odaily Planet Daily reports that the UK's Financial Conduct Authority (FCA) has sent letters to football clubs, including those in the Premier League, warning that sponsorship deals with unauthorized crypto firms and trading platforms may violate financial services laws and pose risks to fans. Fiona Mackinnon-Miller, Head of Department at the FCA, stated that there has been an increase in clubs partnering with unauthorized firms, some of which appear to be operating illegally.Lucy Castledine, Director of Consumer Investments at the FCA, pointed out that these firms may be breaking UK law by offering services without the proper licenses. Sports Minister Stephanie Peacock voiced support for the FCA's actions. Additionally, the FCA stated that it is coordinating with the government, the Premier League, and the new independent football regulator to address unauthorized financial services marketing in professional football. (decrypt)
According to The Block, the UK’s Financial Conduct Authority (FCA) has sent letters to football clubs—including English Premier League clubs—warning them to exercise caution when entering into sponsorship agreements with unauthorized cryptocurrency firms, in order to protect fans from financial risks.
欧洲银行管理局与纽约州金融服务部签署备忘录，将共享稳定币发行、流通及持有者等关键数据以加强跨境监管。
链上调查员 ZachXBT 指控 edgeX 内部人员控制大部分供应，EDGE 代币单日暴跌超 40%。项目方归咎于外部方，双方就市场操纵展开争议。
According to Yonhap News Agency, on June 1, the Incheon Metropolitan City Election Commission formally filed a complaint with the Incheon Police Agency against Yoo Jeong-bok, the presidential candidate of the People Power Party for Incheon mayor, citing violations of the Public Official Election Act. Yoo is accused of submitting false information in his candidate asset disclosure: his spouse’s actual assets amount to approximately 518.57 million KRW—significantly higher than the declared amount of 439.88 million KRW—and their combined household assets should total approximately 1.92297 billion KRW, not the declared 1.84472 billion KRW. Earlier media reports indicated that his spouse held 21,000 units of virtual assets and transferred them to overseas exchanges to evade local election asset disclosure obligations. The Incheon Police Agency’s Anti-Corruption Investigation Unit will merge this complaint with a related case previously filed by the Democratic Party of Korea for joint investigation.
Ink, an Ethereum Layer 2 network incubated by Kraken, announced last night that the network is experiencing a full-chain outage. Current network availability is intermittent, and services have not yet stabilized.According to the official statement, user transactions and cross-chain bridge operations may be unstable until the chain resumes normal operation. Ink is collaborating with its infrastructure partner Gelato to investigate the root cause of the failure and facilitate network recovery.As of press time, Ink has not yet disclosed further progress or a timeline for restoration.
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
World Liberty Financial (WLFI), a crypto project backed by the Trump family, stated that in light of recent updates to sanctions measures, the platform will continue to enforce risk-based sanctions compliance control mechanisms to fulfill legal and regulatory obligations in relevant jurisdictions.WLFI noted that transactions involving sanctioned individuals, entities, or related wallet addresses may be subject to enhanced scrutiny, rejection, restrictions, or other compliance measures. The platform reminds users that when transferring digital assets, they should ensure that the source of funds and original wallet addresses are not associated with sanctioned parties or prohibited activities.WLFI stated that if user transactions or accounts are affected during the compliance review process, its support team will assist users in completing the subsequent processing steps.
A Tencent representative stated that the launch date for WeChat’s AI agent remains undetermined, as its release largely hinges on regulatory approval—given WeChat’s 1.4 billion users, compliance procedures may be stricter than those for other products. Regarding the WeChat AI agent, a relevant Tencent executive declined to comment at this time. Earlier media reports claimed the WeChat AI agent is currently Tencent’s “top-priority, highly confidential internal project,” with preparations beginning no later than the first half of 2025. A Tencent representative confirmed this report. (Jin10)
This round of financing will be used to build and improve the global payment infrastructure, compliance system, and business presence in key markets; enhance cross-border payment service capabilities and global operational capabilities; and further advance the company’s development of a new-generation financial infrastructure that is compliant, efficient, and built for the internet era.
According to the SEC’s official website, the U.S. Securities and Exchange Commission (SEC) released the “Draft Strategic Plan for Fiscal Years 2026–2030” on June 2 and opened it for public comment. The plan centers on three key objectives: (1) supporting innovation and capital formation by clarifying the regulatory framework for digital assets and distributed ledger technology; (2) enhancing communication and engagement with market participants, refocusing enforcement efforts on combating fraud and market manipulation; and (3) advancing technological modernization—including upgrading the EDGAR system and integrating artificial intelligence and blockchain technologies to improve regulatory efficiency. SEC Chair Paul S. Atkins stated that the Commission remains committed to its core mission of protecting investors, maintaining fair markets, and facilitating capital formation. The public may submit comments by July 2, 2026; the document number is DSP-3.
Odaily Seer Prophecy Channel monitoring shows that the probability of "Anthropic to IPO before September 30" on Polymarket has dropped to 30%, a 24-hour decline of 37%. Additionally, the probability of "Anthropic to IPO before December 31" is currently reported at 89%.On June 1, Anthropic announced that it had confidentially submitted a U.S. IPO application, moving ahead of competitor OpenAI in the listing process. In a statement, Anthropic said filing the prospectus "gives us the right to choose to go public after the SEC completes its review" and emphasized that "the proposed initial public offering will depend on market conditions and other factors."According to media reports, Anthropic's listing could be as early as this fall, but it has not disclosed the offering size or terms.Odaily Seer Prophecy Channel continues to monitor the prediction market, seeing changes before they are priced in.
The Bank of England stated that the final policy and draft rules for systemic stablecoins will be officially published in late June.
Bitwise Chief Investment Officer Matt Hougan stated that as U.S. stocks continue to rise, AI stocks attract significant capital, and the regulatory outlook for the U.S. "Clarity Act" remains uncertain, crypto assets are transitioning from past momentum trading to longer-term fundamental "contrarian bets."Hougan pointed out that against the backdrop of the Nasdaq 100 index rising 43% year-over-year and AI concepts dominating market attention, the appeal of allocating crypto assets for institutional investors has diminished. However, this does not mean the crypto industry is disappearing; rather, the investment logic is changing, requiring a longer-term perspective and stronger fundamental judgment.He also noted that the current "crypto winter" differs from the past, as funds are no longer simply flowing into large-cap assets like Bitcoin but are beginning to reward projects with independent fundamental narratives. For instance, Hyperliquid, BNB, Zcash, and Stellar have all seen notable gains recently, indicating that the market is placing greater emphasis on the actual progress and differentiated logic of specific projects.
Coinbase Ventures stated it has invested in Ethena by purchasing ENA tokens on the open market. Following the announcement, ENA rose approximately 6% over the past 24 hours.Ethena said the two parties will collaborate to advance on-chain finance and savings products. Coinbase also mentioned that they will establish closer cooperation, which involves Circle's stablecoin USDC.Ethena founder Guy Young stated that Ethena's products will be integrated with Coinbase's user base of over 100 million for the first time next week, to support its dollar savings products. The market is watching how the two parties will subsequently collaborate around USDC and Ethena's synthetic dollar, USDe. This move also comes as the US "Clarity Act" remains deadlocked in the legislative process. The bill concerns whether platforms like Coinbase can offer users rewards for holding stablecoins, while banking lobbying groups have consistently opposed similar stablecoin yield arrangements.
: Federal Reserve Chair Warsh has hired two external individuals as advisors to assist him in the early stages of his tenure. One of them previously contributed to drafting a conservative policy blueprint that advocates for a complete structural overhaul of the Federal Reserve. According to sources familiar with the matter, one of the advisors is Paul Winfree, who served as a White House domestic policy expert during the first Trump administration. He is also the named author of the chapter on the Federal Reserve in "Project 2025," a conservative policy blueprint developed ahead of the 2024 election. The other advisor is Daniel Heil, a policy fellow at Stanford University's Hoover Institution who previously served as an economic policy advisor on the 2016 presidential campaign team. His recent writings have primarily focused on reducing federal healthcare spending costs and Social Security issues. Both individuals have long been active in conservative policy circles, and their professional backgrounds lie outside the core responsibilities of the Federal Reserve. One source said the two advisors will work on a temporary contract basis, assisting Warsh with policy analysis and planning. Warsh has not yet made a final decision on whether they will take on longer-term, formal positions within the Fed. (Jinshi)