News linked to this event type.
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."
U.S. President Trump’s newly released 927-page financial disclosure document reveals income including hundreds of millions of dollars in crypto-related earnings. Among these are millions of dollars in revenue linked to World Liberty Financial, the DeFi project launched by the Trump family in 2024. This disclosure has heightened the urgency of congressional negotiations over ethics provisions within the Clarity Act, the crypto market structure bill.Currently, bipartisan lawmakers are negotiating the Clarity Act, which aims to establish the first comprehensive federal crypto regulatory framework in the United States. A key focus of the negotiations is whether to include ethics restrictions preventing the President, Vice President, members of Congress, and other federal officials from profiting from digital assets while in office.Following the document's release, Democratic lawmakers reiterated that the bill must contain strict ethics clauses. Senator Angela Alsobrooks stated that such restrictions should apply to the President, Vice President, and all members of Congress. She noted that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing political figures to profit through corruption and institutional loopholes.Senator Kirsten Gillibrand also indicated that both parties are still advancing stringent ethics reforms, proposing to prohibit the President, Vice President, and lawmakers from using crypto assets for personal gain. Meanwhile, Elizabeth Warren argued that if the Clarity Act fails to prevent the President, members of Congress, and their families from profiting from the crypto industry, the bill would further fuel controversies surrounding Trump-related crypto corruption.Republicans, for their part, stated that ethics clauses remain part of the bipartisan negotiations. With the July window for advancing the Clarity Act approaching, the disclosure of Trump family crypto income could become a key variable influencing the final text of the bill and the level of Democratic support.
Robinhood has announced the official launch of the public mainnet for its proprietary Layer 2 network, Robinhood Chain. Built on the Arbitrum technology stack, the chain is positioned as an institution-grade, permissionless, AI-native network specifically designed for Real World Assets (RWA).Robinhood Chain's launch partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Among them, Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.Eligible users can trade tokenized stocks 24/7 on Robinhood Chain. Simultaneously, Robinhood Earn will introduce USDG-based decentralized lending products within the main app. In certain jurisdictions, the new version of Robinhood Wallet will also support access to Lighter's perpetual contract trading.Robinhood also announced the expansion of its European perpetual contract product range, its official entry into the Canadian market, and the acquisition of a Singapore Capital Markets Services license. Furthermore, Agentic Accounts for crypto trading are planned to begin rolling out in the US soon, allowing AI agents to participate in trading and fund management.Robinhood stated that this update represents its most ambitious global expansion and product vision to date, with the goal of establishing a more direct connection between traditional finance and DeFi, integrating stocks, crypto, RWA, perpetual contracts, and AI trading into a unified financial experience. (The Block)
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.
Odaily News: Tom Lee posted on X, expressing that he is pleased to see the Ethereum Foundation prudently addressing key issues related to financial infrastructure, economics, and the critical role of neutral blockchains like Ethereum in government and policy markets.
Streamex Corp. announced that its gold-backed, tokenized yield-bearing security, GLDY, is now available for purchase through standard brokerage accounts. The product is distributed by Siebert Financial, a FINRA member broker-dealer, and custodied on the regulated digital securities platform tZERO. Streamex is offering the product to qualified investors. GLDY offers an annualized yield of up to approximately 3.5%, distributed monthly in the form of additional gold. The yield is generated by lending the underlying metal to commercial users such as jewelers, mints, and refiners. Streamex stated that GLDY was launched in February and began 24/7 secondary trading in May on Orca, a decentralized exchange on Solana. GLDY is currently available only to verified qualified investors as a regulated security. Streamex is building a tokenization platform for real-world assets and plans to launch a digital gold product for retail investors, which is expected to be tradable on decentralized exchanges like Jupiter, Meteora, and Orca.
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.
According to CoinDesk, Credit Agricole launched the EURXT stablecoin pegged 1:1 to the Euro, issued on Ethereum by its subsidiary asset servicing institution Caceis Bank, and compliant with the EU's Markets in Crypto-Assets Regulation (MiCA) requirements.
CoinDesk posted on X, stating that the President of Poland has vetoed the authorization legislation for the MiCA accompanying bill for the third time, making Poland the only EU country that has not established a MiCA licensing system.
The French Financial Markets Authority (AMF) announced that, effective from June 30, 2026, it will revoke the Digital Asset Service Provider (PSAN) registration of AUTOMATA France SAS (operating Vancelian.com). The regulator noted that the company engaged in crowdfunding activities without obtaining the necessary authorization, reflecting that its management and significant shareholders failed to meet integrity and competence requirements.
Circle CEO Jeremy Allaire stated that stablecoin competition is essentially a long-term competition of platforms and network effects, with the core lying in application access, liquidity networks, and global compliance infrastructure. Citing Artemis data, he noted that in Q1 2026, USDC processed nearly $30 trillion in on-chain transactions, accounting for 80% of the total USD stablecoin transaction volume, USDT accounted for the remaining 20%, and other USD stablecoins combined totaled less than 0.5%.
According to the daily chart analysis released by BIT Official (@BITofficial_EN), July has historically been a month of relatively strong performance for Bitcoin, but the market typically enters a consolidation phase of about two months thereafter. Unlike last year, which was boosted by sentiment surrounding the "GENIUS Act", this summer lacks similar catalysts. Coupled with low trading volume and persistent downside risks, upside potential may be limited. BIT recommends clients consider selling call options to generate additional yield. Additionally, BIT research reports indicate that the low point of this Bitcoin cycle may not have been reached before September, and the current strategic focus should shift from directional bets to yield generation.
According to The Block, the Legislative Yuan of Taiwan, China passed the "Virtual Asset Service Act" on July 1 upon third reading. The bill has been submitted to Taiwan regional leader Lai Ching-te for signature, and the implementation date is expected to be announced within 10 days. The core points of the bill are as follows: • Licensing Requirements: Virtual asset service providers must apply for permission from the Financial Supervisory Commission (FSC). Platforms that have completed AML registration have a 12-month application period and a 21-month approval period. • Stablecoin Regulation: Issuing or managing stablecoins requires dual approval from both the Central Bank and the FSC, and sufficient reserves must be maintained. • Compliance Requirements: Covering aspects such as cybersecurity, segregation of customer assets, and internal controls. • Criminal Penalties: Illegal operation carries a maximum sentence of 7 years imprisonment and a fine of up to NTD 100 million (approximately USD 3.14 million); crypto market manipulation carries a maximum sentence of 10 years and a fine of up to NTD 200 million (approximately USD 6.28 million). Industry insiders noted that crypto businesses previously operating in legal gray areas will no longer be able to rely on regulatory ambiguity. Traditional financial institutions will also be allowed to apply for VASP licenses in the future, and existing crypto businesses may face more intense competitive pressure.
According to news from the Jing'an Procuratorate, the People's Procuratorate of Jing'an District, Shanghai has publicly prosecuted a criminal gang involved in illegal foreign exchange conversion using cross-border virtual currency matching in accordance with the law. The gang used overseas "private banks" as a cover and, through an "RMB—Virtual Currency—Foreign Exchange" matching model, provided illegal currency exchange services to high-net-worth clients with needs for overseas property purchase, immigration, or study abroad funds, charging a 3% currency exchange service fee. The case spanned 3 years, involving over 200 million yuan. On June 10, 2026, the court held a session and announced the verdict in court. The 9 involved personnel were handled categorically, among whom 5 were sentenced to fixed-term imprisonment ranging from six years to two years and six months, and fined ranging from 1.5 million yuan to 300,000 yuan, while the other 4 were given relative non-prosecution treatment due to minor circumstances. Currently, the Shanghai Branch of the State Administration of Foreign Exchange has initiated administrative case filing investigations against the non-prosecuted personnel, building a "criminal accountability + administrative punishment" cross-border financial governance closed loop.
According to CoinDesk, investment bank Jefferies warned that as the path for the passage of the CLARITY Act in the Senate becomes increasingly narrow, the cryptocurrency market may face volatility risks. Data from prediction market platform Polymarket shows that the probability of the bill being approved before the end of the year has dropped significantly from 70% to 48%. The CLARITY Act is an important bill in the legislative process of the current U.S. cryptocurrency regulatory framework, and the uncertainty of its prospects is seen by the market as a potential bearish signal.
据路透社报道，近 1,700 名英国投资者已在伦敦高等法院对币安及其创始人赵长鹏（CZ）提起诉讼，索赔金额至少达 1.5 亿英镑（约 2 亿美元）。原告指控币安自 2019 年底起，在未获英国监管授权的情况下，向其销售杠杆产品等高风险复杂衍生品，违反了《金融服务与市场法》，部分投资者称损失高达数万英镑。 此案被告方包括开曼群岛注册的 Binance Holdings、阿联酋注册的 Nest Exchange、赵长鹏本人及"不知名人士"。币安表示将积极应诉，但拒绝就诉讼进一步置评。值得注意的是，英国金融行为监管局（FCA）已于 2021 年禁止加密公司向零售客户提供衍生品，币安目前主要持牌地为阿联酋。
the Massachusetts Attorney General has received court approval to file an amended complaint against the prediction market platform Kalshi, adding allegations that Kalshi markets to users under the age of 21 through social media and campus campaigns, and has failed to take effective measures to prevent them from using the platform. Kalshi allows individuals aged 18 and older to create accounts and place bets on sports events. The case originated in September 2025, with state authorities accusing Kalshi of offering sports betting in violation of state law. The CFTC previously filed a brief in Massachusetts asserting exclusive jurisdiction over prediction markets, with Chairman Michael Selig stating that Congress has granted the CFTC sole authority to regulate the commodity derivatives market. Kalshi has not yet responded to requests for comment. (Cointelegraph)
According to Reuters, the U.S. Department of Commerce has officially lifted export controls on Anthropic's two AI models, Claude Fable 5 and Mythos 5, less than three weeks after the control order was issued. Anthropic stated that access to the aforementioned models will be restored starting from the following day. Previously, on June 12, Anthropic was forced to urgently take the two models offline due to national security risks; on June 27, the U.S. government partially lifted the ban, allowing Mythos 5 to be open to certain "trusted" U.S. institutions. U.S. Secretary of Commerce Howard Lutnick stated that over the past two weeks, the government has worked closely with Anthropic to complete the review and approval of Fable 5, ensuring it aligns with the overall stance of the U.S. government and strengthens U.S. leadership in the AI field.
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)
the U.S. Securities and Exchange Commission (SEC) is seeking public comments on "novel ETFs" to evaluate its regulatory framework and market rule design. In the document, the SEC noted its ongoing attention to market interest in a variety of innovative products, including funds related to crypto assets, investment opportunities based on blockchain technology, and novel financial derivatives such as "event contracts."This request for comments is seen as a further proactive exploration by the SEC regarding the boundaries of ETF regulation. Particularly against the backdrop of sustained growth in demand for crypto ETFs, on-chain asset exposure products, and structured derivatives, regulators are attempting to find a new balance between innovation and risk control. (The Block)