News linked to this event type.
Trump stated at today's Cabinet meeting that the U.S. economy has continued to improve under his administration, emphasizing that ordinary families, pension accounts, and capital markets have all benefited.Trump said that this year, the average tax refund for ordinary American families is "close to $5,000," and noted that since he took office, the U.S. stock market has hit 68 record highs.He also mentioned that the average growth of Americans' 401(k) retirement accounts is nearly $30,000, adding, "The Americans are benefiting."Market analysts believe that the Trump administration has been steadily reinforcing the "economy and market performance" narrative, seeking to highlight the positive impacts of rising capital markets, growing household wealth, and tax policies. (Fox News)
Wall Street investment bank Jefferies stated that as institutional investors accelerate their shift towards blockchain-based financial infrastructure, the crypto and blockchain sectors could see a new wave of IPOs over the next two years, forming a public market worth $1 trillion within five years.Jefferies released a report indicating that the current industry focus is shifting from speculative crypto asset prices to the comprehensive integration of blockchain infrastructure by banks, exchanges, asset managers, and payment institutions. Companies like Payward (parent company of Kraken) and Securitize are advancing their IPO plans, and it is expected that more crypto-related companies will enter the public market in the future. Tokenization is seen as a key driver of this structural transformation, with money market funds, private credit, and on-chain settlement systems already entering practical implementation phases. Increasing regulatory clarity will further accelerate institutional adoption.Currently, the market is moving from short-term hype to long-term technological reassessment. Crypto IPOs could serve as a crucial gateway connecting traditional capital markets with the on-chain economy. (CoinDesk)
as anticipation builds for several potential major IPOs, "prediction market trading" centered around high-profile pre-IPO companies is rapidly heating up, with users betting on pre-IPO performance through prediction contracts.Platforms like Polymarket and Kalshi have become primary channels, allowing users to engage in "yes/no" contract trading on key metrics such as valuation ranges and listing timelines. Prices are quoted in cents, settling at $1 if the outcome is correct.Given that ordinary investors cannot directly participate in equity investments in popular private companies like SpaceX and OpenAI before their IPOs, prediction markets are converting related expectations into tradeable, event-driven assets.Analysts believe that as the window for potential "mega IPOs" approaches, prediction markets are leveraging public sentiment and capital attention to turn IPO narratives into short-term volatility opportunities on both on-chain and compliant trading platforms, further expanding their influence in financial speculation and information pricing. (The Information)
Nasdaq-listed Alpha Compute has announced the completion of its acquisition of a majority stake in GAMEE, a gaming and digital rewards platform, securing a 60% controlling interest. The transaction has now met all regulatory and closing conditions.According to the agreement, Alpha Compute acquired GAMEE from Animoca Brands for a consideration of approximately $11 million, implying an enterprise valuation of roughly $18 million. The transaction structure includes cash, stock, and future performance-based earnouts, along with an EBITDA milestone incentive clause over two years. Additionally, approximately 878 million GMEE tokens associated with Animoca are also included in the transaction arrangement.Following the transaction, Alpha Compute will establish a new AI gaming division named Alpha Games, with GAMEE founder Bozena Rezab serving as Executive Vice President. GAMEE will be integrated into Alpha Compute's AI infrastructure system, working in synergy with its GPU computing platform.
during a recent Senate Banking Committee hearing, substantial progress was achieved in advancing the Digital Asset Market Clarity Act (CLARITY Act). The bill passed with a 15-9 vote, moving to the full Senate for consideration.Several bipartisan lawmakers emphasized during the discussions that the United States urgently needs to establish a unified regulatory framework for digital assets, clarifying asset classification, trading platform oversight, and market structure rules to provide long-term certainty for the industry. Angela Alsobrooks pointed out from a family perspective that younger generations show a natural interest in digital assets, and the regulatory system should strike a balance between "opportunity and protection" to prevent technological development from escaping regulatory oversight. Tim Scott stressed the need to advance legislation from the standpoint of economic opportunity and the American Dream, while Cynthia Lummis noted that the legislative process has already demonstrated a clear foundation for bipartisan cooperation.Supporters argue that digital assets have become an irreversible trend, with approximately 68 million Americans currently holding related assets. However, a significant volume of transactions still occur on overseas platforms, underscoring the urgent need for the U.S. to establish a domestic regulatory framework to enhance market transparency and investor protection. Analysts point out that the CLARITY Act is seen as a crucial complement following stablecoin-related legislation (the GENIUS Act). Without supporting rules at the market structure level, the U.S. risks losing its dominant position in the competition for digital financial infrastructure.As the bill advances to the full Senate, observers are closely watching whether it can complete final legislation based on bipartisan consensus, thereby establishing the core rules of the U.S. digital asset regulatory framework. (CoinDesk)
the "Transparency Alliance," initiated by Blockworks, has been officially established, garnering support from over 40 crypto enterprises including Coinbase, Kraken, and Binance.US. The alliance aims to jointly develop unified token information disclosure standards to enhance market transparency and attract institutional capital. Based on Blockworks' Token Transparency Framework, the alliance seeks to establish a standardized information disclosure mechanism for crypto assets, similar to that of the stock market, enabling investors to gain a clearer understanding of token structures and risks.Reportedly, the framework covers details such as token issuance structure, internal holdings allocation, market maker arrangements, exchange listing terms, and repurchase mechanisms. It distinguishes between two types of document systems: "one-time pre-issuance disclosure" and "ongoing update disclosure." To date, 44 projects, including Morpho, Jupiter, Spark, and dYdX, have completed the relevant filings.Industry insiders point out that this initiative aims to establish a unified information infrastructure for the crypto market to meet institutional investors' demands for transparency and compliance. Blockworks stated that it has communicated with relevant personnel from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Analysts believe that this alliance signifies the crypto industry is accelerating its shift towards an "institutionalized information disclosure system." However, its ultimate impact will depend on whether the market translates these disclosure standards into widespread industry consensus. (CoinDesk)
decentralized derivatives platform Hyperliquid has launched a pre-listing perpetual contract for SpaceX (SPCX-USDC) via Trade.xyz, sparking controversy over a global regulatory gap. The contract provides leveraged trading without requiring users to hold any SpaceX stock or authorization from the company. Initially priced at $150, corresponding to an implied valuation of approximately $1.78 trillion, the contract surged to $216 shortly after launch.According to reports, the contract is settled in USDC, with prices derived from market oracles and not linked to SpaceX's actual financials or equity structure. SpaceX itself has neither authorized nor participated in this market, yet its valuation is being priced and traded in real-time on-chain, raising concerns that "decentralized derivatives are taking over price discovery for private companies." This market originates from Hyperliquid's HIP-3 mechanism, suggesting that private company valuations may increasingly be re-priced by on-chain derivatives, while regulatory frameworks have yet to establish corresponding standards. (Forbes)
: Payment giant Mastercard has announced that it has obtained a BitLicense from the New York State Department of Financial Services (NYDFS), allowing it to conduct digital asset-related businesses under a strict regulatory framework, including stablecoins and blockchain settlement infrastructure. The license was obtained by Mastercard Transaction Services (U.S.) LLC, marking the company's further expansion into digital payments and on-chain settlement infrastructure. BitLicense is one of the strictest crypto regulatory frameworks in the United States, requiring firms to meet multiple standards for capital reserves, compliance, security, and consumer protection.Mastercard stated that this approval will support its strategic layout in stablecoins and tokenized payments. Company executives pointed out that a clear regulatory framework helps drive digital assets from the experimental stage toward practical applications.Recently, several institutions, including Galaxy Digital and Strike, have also successively obtained BitLicenses, indicating that U.S. regulatory approvals are accelerating the opening up to compliant digital asset enterprises. (CoinDesk)
: Prediction market Polymarket is facing increased pressure from regulatory and sanctions compliance. It is reported that the platform is pushing traders to undergo identity verification (KYC) to mitigate potential legal and compliance risks.Although Polymarket's betting platform rules do not permit such activities in certain regions, some users have still been participating in market trading through automated trading bots and other methods, forming gray usage pathways in areas such as Russia. Some developers have even utilized tools like Telegram to organize trading traffic and expand their user base. As the platform scales and regulatory scrutiny intensifies, Polymarket is being forced to seek a balance between the decentralized prediction market model and compliance requirements to address potential sanctions and legal risks. (The Information)
Falcon Finance officially announced the launch of its U.S. dollar-pegged stablecoin, fUSD, in collaboration with Anchorage Digital Bank. Positioned as an institutional-grade payment stablecoin compliant with the GENIUS Act framework, fUSD is now live on Ceffu’s custody and collateral infrastructure. Reportedly, fUSD is backed by reserves including U.S. Treasury securities and is issued by Anchorage Digital Bank—but does not pay interest or returns directly to holders.
Odaily reports, Singapore police have filed six charges of fraud against Zhu Juntao, the former CEO of the defunct crypto lending platform Hodlnaut. The charges allege that during the TerraUSD collapse in 2022, he instructed employees to issue false statements, misleading users to believe that Hodlnaut had no direct exposure to TerraUSD and had not suffered any losses from the incident. According to the prosecutor, the false information was published on Hodlnaut's Telegram channel, customer emails, and Zhu's own X (formerly Twitter) account. Under Singapore law, if convicted, Zhu faces a maximum of up to 20 years in prison, a fine, or both for each charge. (CoinDesk)
According to a report by Cailian News, in response to the matter of “certain banks in Hong Kong requiring declarations for opening investment accounts,” the Hong Kong Monetary Authority (HKMA) stated today that the relevant regulatory requirements were issued to all authorized institutions on May 22. Materials provided by the HKMA indicate that registered institutions must implement three additional measures when opening and managing investment accounts for Mainland Chinese investors, including: 1. Closing investment accounts opened using suspicious or forged documents, and identifying investment accounts held by customers—opened since January 2023 or during any other period specified by the HKMA—using such suspicious or forged documents, including identity documents; 2. Closing dormant investment accounts with zero balances—specifically, investment accounts held by Mainland Chinese investors that have no asset balance as of May 22, 2026 (the reference date), and have had no customer-initiated activity within the 12 months preceding the reference date; 3. Obtaining a written declaration from each Mainland Chinese investor upon opening a new investment account, confirming that all funds used to support investment activities and related settlements originate lawfully from outside Mainland China. The relevant documents clarify that these newly introduced additional regulatory measures apply solely to investment accounts—including investment sub-accounts within integrated banking accounts—and do not extend to non-investment functions (e.g., ordinary savings, current/time deposits, payments, loans, and credit cards). Furthermore, these additional measures apply only to individual customers and do not cover corporate or institutional clients.
the Hong Kong Monetary Authority (HKMA) has required banks to initiate account screening for investment accounts opened by mainland Chinese users, focusing on identifying and closing accounts opened with fake documents and cleaning up dormant accounts. The scope of the fake-document account screening covers accounts opened since January 2023, with the screening to be completed within 3 months and problematic accounts to be closed within 6 months after the screening is completed.The screening and cleanup of "dormant accounts" will also begin in the next 3 months. Banks must identify cases where investment accounts held by mainland investors have had zero balances and no transaction activities in the year prior to May 22, 2026. For such accounts, banks must re-confirm KYC (Know Your Customer) information and require customers to make a series of declarations in accordance with new regulations for opening investment accounts. If these procedures cannot be completed, the accounts will be closed within 6 months. (Caixin)
According to Criptovaluta.it, Italy’s Banca Sella has announced the completion of its notification procedure with the Bank of Italy (Banca d’Italia), making it the first Italian bank to comply with the EU’s Markets in Crypto-Assets (MiCA) regulation for cryptocurrency-related activities. The bank plans to launch digital asset custody and transfer services for select customer groups by the end of 2026. Banca Sella is also a founding member of the Qivalis Alliance, which currently unites 37 European banks committed to launching a euro-pegged stablecoin.
Odaily News, HTX official staff stated that some overseas security agencies have applied a "one-size-fits-all" risk labeling approach to platform-related addresses, affecting the fund transfer experience of some normal users and triggering market panic and various speculations, which involve significant misjudgments and information discrepancies. Currently, HTX's compliance, security, and legal teams are actively communicating with the relevant agencies. Previously, several centralized exchanges indicated that fund transfers or related transactions with HTX may face additional compliance reviews or restrictive measures.
US stock calling king Serenity posted on X platform that it has completed building a position in European stock XFAB at a market cap of $1.28 billion. This is the first time Serenity has mentioned this stock on X. XFAB rose by 10% after opening on Euronext Paris today (opening at 15:00 Beijing time), rising from €8.88 to €9.88.X-FAB Silicon Foundries SE (XFAB) is a specialty wafer foundry focused on analog and mixed-signal semiconductor technologies. Serenity stated that the EU's "CHIPS Act 2" will act as a catalyst for European photonics companies, and XFAB is likely to be included and receive government funding.Additionally, XFAB is the only high-volume silicon carbide wafer foundry in the United States and is also a key manufacturer of Micro-Electro-Mechanical Systems (MEMS). Currently, XFAB's price-to-book ratio is approximately 1.29x, and Serenity believes its expected price-to-earnings ratio will reach 6.5 to 8.5 in 2028.It is reported that Serenity is currently the most followed and influential stock analyst in the AI/semiconductor sector on the X platform. Joining X in July 2025, Serenity now has over 400,000 followers and over 37,000 account subscriptions. Over the past year, many small-cap stocks it has called have risen by over 100%, and its personal return rate so far this year has exceeded 3,840%.To learn more about Serenity’s investment strategies and background, please read "US Stock Calling King Serenity: Building Positions at Low Valuations Ahead of Institutions, Annual Return of 3,840%".
According to TASS, Evgeny Grabchak, Deputy Minister of Energy of Russia, stated that the Government Commission for Power Development has recommended imposing a ban on cryptocurrency mining in certain areas of Moscow, Moscow Oblast, and Kursk Oblast until 2032. Grabchak said the recommendation reads: “It is recommended to impose the ban until 2032 in certain areas of Moscow, Moscow Oblast, and Kursk Oblast.”
According to Digital Asset, domestic virtual asset trading volume in South Korea has fallen to approximately 8% of KOSPI trading volume—less than one-tenth. Media statistics show that, as of May 26, the ratio of trading volume on Korean won-based exchanges (Upbit, Bithumb, Coinone, Korbit, and Gopax) to KOSPI trading volume stood at just 8%. The report notes that South Korea’s virtual asset market has been weakening continuously since the second half of 2025; it declined sharply following a large-scale futures liquidation event in October 2025, while the KOSPI strengthened amid a semiconductor upcycle and supportive government policies. Additionally, according to CryptoQuant data, the Bitcoin Korea Premium indicator has been negative for most of the time since March, reflecting weak buying demand in the Korean market.
According to Caixin Global, banks in Hong Kong and some of their customers reported that, starting May 26, certain Hong Kong banks have introduced a new requirement for customers opening investment accounts in person: signing a “Declaration on the Lawful Source of Funds,” confirming that all funds used for investment activities and related settlements originate from lawful sources outside mainland China. The report states that the newly introduced document is titled the “Cross-Border Disclosure Statement (Applicable to Investment Account Opening Applications),” and the adjustment was made to comply with local regulatory requirements. Mainland Chinese investors who opened accounts between May 23 and May 25 are also required to sign the updated declaration retroactively; until this is completed, their account’s buy transaction functionality will be suspended, although existing holdings and assets remain unaffected.
According to an official social media announcement, HTX will host a live-streaming event titled “The Most Crypto-Savvy Fed Chair Has Arrived: Can Bitcoin Enter a Policy Honeymoon Period?” at 8:00 PM today (UTC+8). This event will take the form of a debate, with participants 0xpink, Amber, Zizhong, and Maomaojie facing off against Xiao Nezha, Dalin, Dabiaoge, and 0xmoon to engage in an in-depth discussion on expectations for Federal Reserve policy shifts, macro-level liquidity trends, and Bitcoin’s outlook.