News linked to this event type.
digital remittance giant Wise is under investigation in Belgium over approximately €500 million in suspected suspicious transactions. Following the news, Wise's share price plummeted 11.35%. It is reported that Belgian prosecutors are investigating the company over concerns that its accounts may have been used by criminals for money laundering, including proceeds from fraud, corruption, and drug trafficking. Prosecutors are examining whether the company has violated anti-money laundering regulations in over 30 European countries, and the investigation is expected to conclude soon. (cityam)
Binance's US stock business adopts a dual-core structure of "introducing broker + clearing broker," with Nest Trading responsible for order referral, and US fintech company Alpaca Securities handling the entire process of trade execution, clearing, settlement, and asset custody.Nest Trading, formerly known as BCI Limited, obtained a broker-dealer license from the Abu Dhabi Global Market (ADGM) FSRA at the end of 2025 and officially began operations on January 5, 2026. Together with Nest Exchange and Nest Clearing and Custody, it forms Binance's compliance "troika" in ADGM. Registered on Reem Island in Abu Dhabi, Nest Trading handles key Binance services such as OTC, Convert, and Earn.Alpaca is an SEC-registered broker-dealer and a member of FINRA and SIPC, commanding a 94% market share of tokenized US stocks and ETFs, facilitating 1:1 on-chain asset conversion for platforms like Ondo Finance. In January 2026, Alpaca completed a $150 million Series D funding round at a valuation of $1.15 billion, achieving unicorn status with investments from Citadel Securities, Kraken, MUFG, and others. As of early 2026, Alpaca serves over 300 institutions, covering 9 million brokerage accounts. By the end of 2025, it held total assets of $1.386 billion and net capital exceeding $100 million.Public information indicates that Binance and its core team had no prior connection with Alpaca. This collaboration establishes a cross-border US stock trading loop characterized by "ADGM licensed connectivity + US compliant clearing."
According to the public register of the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, Nest Trading Limited—the introducing broker responsible for Binance’s U.S. equities trading services—is a Binance-affiliated entity, and its official website URL listed in the register directly points to Binance.
Odaily, Reality, the compliant RWA issuance platform under Bitget, has announced a partnership with Alpaca, a US-registered broker and self-clearing firm. Under the terms of the collaboration, Alpaca will provide Reality with broker infrastructure support, assisting it in integrating tokenized US stocks and ETF products within a regulated market framework, covering key areas such as clearing, custody, and trade execution.Founded in 2015, Alpaca is a developer-first broker infrastructure company. Its subsidiary, Alpaca Clearing, is a FINRA-registered broker-dealer and SIPC member, specializing in the custody and clearing of underlying assets. Through this partnership, Reality will further enhance its underlying infrastructure capabilities for tokenized US stocks and ETF products, offering eligible global users a more regulated and transparent access method.Gracy Chen, CEO of Bitget, stated that Reality is a key component of Bitget's UEX panoramic exchange strategy, with the goal of bridging traditional financial assets and on-chain infrastructure in a more practical manner. Yoshi Yokokawa, co-founder and CEO of Alpaca, expressed enthusiasm for the partnership with Reality, noting it will jointly advance the development of tokenized stock infrastructure and further enhance the accessibility of global financial services.
According to reports by HKET, Hong Kong’s Acting Secretary for Financial Services and the Treasury, Mr. Chan Ho-lam, stated that the authorities will submit legislative proposals to the Legislative Council this year regarding virtual asset advisory and asset management services, aiming to establish a comprehensive regulatory regime covering trading, custody, advisory services, and asset management, and to implement a mandatory licensing arrangement.
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)