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Gate Europe Compliance License Strategy Unleashes Advantages, Driving Expansion in Digital Asset Trading Market

that, according to the latest social media news from CoinGecko, Gate, along with platforms such as Coinbase and OKX, is competing for new users in the EU. Gate continues to advance its European compliance process. Its Malta-based entity, Gate Europe, has obtained the European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), strengthening its global compliance framework.Furthermore, leveraging its rich trading products, robust platform services, and global operational capabilities, Gate is actively addressing the growing demand for digital asset trading in the European market. This strategic deployment not only enhances Gate's localized service capabilities in Europe but also provides solid support for the platform in terms of user trust, fund security, compliant operations, and long-term market expansion, underscoring its competitive compliance advantage among global crypto trading platforms.

CPX 24-Hour Gain Exceeds 50%; CoinUp Founder Queenie Emphasizes Long-Term Value in Post

CoinUp stated that CPX will continue to advance based on real-world application scenarios and ecosystem implementation, and the platform will continue to build around product optimization, ecosystem expansion, and global compliance layout.

Galaxy Research:CLARITY 法案 2026 年通过概率下调至 50%

据 Galaxy Digital 研究主管 Alex Thorn(@intangiblecoins)发文,Galaxy Research 将 CLARITY 法案 2026 年内通过的概率由 60% 下调至 50%,主要原因为参议院日程持续收窄,而非法案本身实质内容恶化。 法案自 6 月 1 日通过参议院银行委员会(15 比 9)后,已列入参议院立法日程第 423 号,但至今未设定表决日期,银行委员会与农业委员会的文本合并工作仍在幕后推进。 日程竞争方面,FISA 第 702 条重新授权、2027 财年 NDAA 国防授权法案、SAVE Act 选民身份证明法案,以及特朗普以 SAVE Act 为条件拒绝签署已获两院压倒性通过的住房法案,均在争夺有限的参议院议程时间。 Alex Thorn 指出,参议院多数党领袖 Thune 最迟需在 7 月初宣布表决时间,否则法案将推迟至 9 月,届时将面临中期选举政治压力。若两周内宣布时间安排,通过概率将回升至 60% 以上;若沉默延续至 7 月中旬,概率将进一步下调。

India USDT Premium Rises Above 8.5%

USDT supply is tightening in India, with the local stablecoin premium rising above 8.5%, up from the usual 3% to 4%. On Saturday, USDT was quoted at 102.88 Indian rupees, compared to the USD/INR closing rate of 94.65 on Friday.According to the report, the decline in USDT inflows and concerns over further slowdown stem from the Enforcement Directorate's crackdown on a 250-billion Indian rupee transfer of funds via virtual digital assets. Purushottam Anand, founder of Crypto Legal, stated that the recent price increase may partly reflect a risk premium driven by regulatory uncertainty. (economictimes)

Dubai Crypto Market Reaches 50 Licensed Institutions, VARA Approves Tokenization Platform Tribe Tokenisation

According to Cointelegraph, the Dubai Virtual Assets Regulatory Authority (VARA) has granted the 50th Virtual Asset Service Provider (VASP) license to tokenized asset platform Tribe Tokenisation FZE. VARA stated that licensed enterprises must undergo a controlled operation phase before formally providing services. As of the end of 2025, 39 licensed VASPs were fully operational, and the latest 2026 data is still being verified. In comparison, Singapore currently has 37 licensed Digital Payment Token service providers, while Hong Kong has only 13 licensed Virtual Asset Trading Platforms.

Analysts: Bitcoin at Key Technical Indicator Level, Could Drop Further 30%

Miller Tabak strategist Matt Maley and 22V Research technical strategist John Roque believe Bitcoin is at a key technical indicator level.Matt Maley stated that if Bitcoin declines further from its current level of around $60,000, it could amplify negative investor sentiment. Although Wall Street firms continue to invest in digital assets, retail investors, who have historically been the main force driving cryptocurrency rallies, have shifted their focus to high-growth AI and tech stocks. Recent significant outflows from Bitcoin ETFs indicate waning investor enthusiasm. Cryptocurrencies are also showing signs of decoupling from the stock market.John Roque noted that Bitcoin is retesting its first downside target of $60,000. If it breaks below this level, it implies a potential drop to $400,000. Matt Maley added that Congress might pass a crypto structure bill with clearer rules, which would reduce uncertainty and encourage institutional participation in the long run. Furthermore, Bitcoin ETFs experienced their largest monthly outflow since 2024 recently. (CNBC)

Loopring DEX Announces Suspension of All Trading Services

According to official sources, Loopring DEX has ceased all trading services, and its relayer has been taken offline. The team stated the closure was due to a lack of substantial adoption, the absence of a virtual machine, the delisting of LRC by major exchanges in 2026, and its technology being surpassed by modern zkEVMs. The team will directly distribute all assets to users, requiring no on-chain operations or payment of gas fees.In the coming days, the team will publish on X platform the final balance list for Loopring L2, including spot balances and liquidity pool positions automatically converted into tokens. This list will be displayed for two weeks for verification. After the review period, assets will be sent in batches directly to users' L1 wallet addresses. This distribution is limited to accounts with a final total balance value of $10 or more, and the entire distribution process is expected to be completed within a few weeks after initiation.

FBI: Victims of OneCoin scam can apply for compensation before June 30

the U.S. Federal Bureau of Investigation (FBI) is reminding victims of the OneCoin international cryptocurrency investment scam that they can apply for compensation through a special program by the U.S. Department of Justice (DOJ) before the June 30 deadline.This process allows individuals who purchased OneCoin between 2014 and 2019 and suffered direct financial losses due to the OneCoin scheme to submit applications. Victims can submit their applications via mail, email, or an online form. Submitting an application does not guarantee financial compensation. The DOJ stated that OneCoin investors worldwide collectively lost over $4 billion.

Fortune: One-third of employers are using AI to replace entry-level positions

a new survey from GMAC shows one-third of employers are using AI to replace entry-level positions. The survey polled over 600 recruiters worldwide, with more than half recruiting for Fortune 100 or Fortune 500 companies.Data indicates that tech roles face the highest risk, with 40% of employers in that sector reporting AI is replacing entry-level positions, followed by manufacturing. Additionally, the median starting salary for graduates with a Master of Business Administration (MBA) is projected to drop from $125,000 in 2025 to $120,000 this year. Despite the changing hiring landscape, demand remains strong for graduates who possess human skills like communication, problem-solving, and adaptability, combined with AI proficiency and technical abilities. (fortune)

CZ: Crypto Market Weakness in 2026 Driven by AI Capital Rotation, Cycle Resonance, and Other Factors

CZ stated in an interview that the significant downturn in the crypto market during the first half of 2026 cannot be explained by a single factor. The overall correction of approximately 50% is likely the result of multiple macro and structural factors. Geopolitical tensions, capital flowing from crypto assets into the AI sector, and the traditional four-year crypto market cycle are jointly suppressing market performance. Notably, Bitcoin has seen a clear decline from its all-time high, falling from around $126,000 last year to approximately $60,000 currently.CZ said that despite short-term price pressure, the industry's long-term trend will continue to grow. He believes that as global demand for trading and financial technology increases, the scale of the crypto industry will still expand. Currently, "emerging industries like AI are absorbing hot money from the market," but this could be a positive phenomenon in the long run. Additionally, he is optimistic about the development of prediction markets, believing they help improve price discovery efficiency and market liquidity.On the regulatory front, CZ believes the US may push forward legislative progress like the "Clarity Act" for digital assets before the end of the year, but these policies are "tactical adjustments" and will not change the long-term growth trajectory of the crypto industry. He also pointed out that countries around the world are still accelerating the development of digital asset regulatory frameworks. (CoinD)

Hong Kong Government: Regulated stablecoins expected to launch mid-to-late this year

The Hong Kong government stated that two licensed stablecoin issuers are expected to launch regulated stablecoins between mid- and late this year. Meanwhile, Hong Kong will further refine its virtual asset regulatory framework to cover trading, custody, and advisory services.

Polymarket’s probability of a 25 basis point rate hike by the Fed in July drops to 18%, with expectations of holding rates steady dominating

Monitoring by the PPP Prediction Market Tool shows that on Polymarket, the probability of the "Fed raising interest rates by 25 basis points at the July meeting" has dropped to 18.1%, while the probability of "maintaining the current interest rate" has risen to 81%. The total trading volume for this event has reached $21.74 million.The market currently widely expects the Fed to remain on hold at the FOMC meeting scheduled for July 28-29. Although the US CPI rose 4.2% year-over-year in May, and energy prices have surged due to tensions in the Middle East, keeping inflationary pressures alive, after the Fed kept the federal funds rate target range unchanged at 3.50%-3.75% at the June meeting, the market is leaning towards waiting for more economic data before deciding on the subsequent policy path. Key economic indicators to be released on July 14, including the US June CPI data, as well as employment and wage figures, will be important variables influencing the outcome of the July meeting.The Odaily Seer Prophets Channel continues to monitor the prediction market, seeing changes before they are priced in.

Hong Kong’s Draft Ordinance on the Crypto Asset Reporting Framework Has Entered the Review Stage

According to Hong Kong’s Ming Pao newspaper, Legislative Council member Kan Wai-man revealed that the “2026 Inland Revenue (Amendment) (Automatic Exchange of Information) Bill” was passed by the Legislative Council last week, and the Crypto-Asset Reporting Framework (CARF) bill has entered the deliberation stage. Kan Wai-man stated that from 2018 to 2025, the Hong Kong government has recovered over HK$100 million in taxes and penalties, and an additional approximately 8,000 financial institutions are expected to be required to register mandatorily in the future.

U.S. Senators Urge CFTC to Investigate Polymarket Over Fraudulent Marketing

U.S. Republican Senator John Curtis and Democratic Senator Adam Schiff sent a letter on Thursday to Commodity Futures Trading Commission Chairman Mike Selig, urging the agency to investigate prediction market platform Polymarket. The letter stated that Polymarket is suspected of paying social media influencers to film fake betting videos, using fraudulent marketing tactics to promote gambling-related products to U.S. audiences.Earlier reports indicated that Polymarket paid influencers to record fake trades on websites similar to its platform, and many creators did not disclose the fact that they were paid. A review found that 70% of over 1,100 videos contained fake bets, totaling nearly $2 million. Additionally, according to sources familiar with the matter, the CFTC is conducting an ongoing and extensive investigation into Polymarket. The senators have requested that the CFTC Chairman provide a written response on related issues by July 10. (cointelegraph)

Bankless founder: Regrets not buying more LIT

Bankless founder David Hoffman posted on X, expressing regret for not buying more Lighter (LIT).Hoffman explained that the logic behind investing in Lighter is simple:1. Exchanges have always been the best business model in the crypto industry;2. Perpetual contracts are still a brand-new track, far from reaching maturity;3. Building an exchange based on zkL2 is currently the structurally optimal solution, offering high security, low operating costs, and high profit margins;4. The product itself is also the strongest on the market, with the lowest latency, the lowest execution costs, and full transparency;5. The engineering team is highly capable, having solved all the technical challenges;6. The company is headquartered in the United States, operates in compliance, and this market remains a largely untapped blue ocean;7. It also serves as an option betting on the "Tokenization of compliant assets";8. Founder Vlad is in the right circles, knows the right people, and has the ambition to do great things.

CFTC Launches Investigation into Polymarket, Faces Multiple Allegations of Misleading Promotion on Social Media

The U.S. Commodity Futures Trading Commission (CFTC) has recently launched an investigation into the prediction market platform Polymarket, and the investigation is still ongoing.Previously, including a lawsuit filed by a consumer protection organization accepted by the Washington High Court, Polymarket has faced multiple allegations of using paid endorsements on social media for misleading promotion, specifically targeting college students. A Polymarket spokesperson responded that the company is committed to maintaining accurate, fair, and transparent markets and is currently conducting a comprehensive audit of active promotional content to ensure compliance with standards and regulatory disclosure requirements. Additionally, over a dozen U.S. states have taken legal action against Polymarket and Kalshi, accusing them of operating illegal sports betting, while the CFTC has countersued some states, asserting exclusive jurisdiction. (FT)

MiCA regulations are about to take effect, with Europe having issued 230 MiCA crypto licenses

the MiCA regulation will officially take effect on July 1, 2026. Crypto service providers without this license will be unable to offer new services within the EU. Currently, a total of 230 MiCA licenses have been issued across Europe, with Germany leading at 56 authorizations, followed by the Netherlands with 26, France with 21, Malta with 15, Cyprus with 13, and Ireland with 12. In France, approximately 40% of previously regulated crypto service providers have not submitted license applications. This compliance upgrade has left some smaller traditional crypto institutions facing acquisition or closure. (lesechos)

U.S. Lawmakers Call for Investigation into Polymarket Over Allegedly Misleading Advertising

several U.S. lawmakers are calling for an investigation into the prediction market platform Polymarket, citing concerns that its advertising may contain misleading content. According to reports, the lawmakers believe that Polymarket's marketing efforts may not have clearly disclosed the nature of its products and associated risks, potentially misleading users. Some legislators have requested regulatory bodies to assess the platform's advertising compliance and information disclosure standards. (WSJ)

Trump Account Registration and Initial Deposits to Open on July 4th

According to Odaily, the "Trump Account" initiative launched in the United States has announced that registration and initial deposits will open on July 4th. First proposed alongside the "Great American" bill, the account allows parents to set up tax-deferred investment accounts for children under 18. Family members, friends, and employers can jointly contribute to the account, with a maximum annual deposit of $5,000, which will be adjusted for inflation in the future. Additionally, the Trump Account permits employers to provide subsidized contributions for employees' children, up to $2,500 per year. Once the account holder turns 18, the account will automatically convert into a traditional IRA structure, allowing continued investment and additional contributions. (Source: war.gov)

Galaxy Research Director Lowers Probability of CLARITY Act Passing by 2026 Again

Galaxy Research Director stated on platform X that due to a shortened legislative calendar and increased competition for floor time from other matters, they have once again lowered the probability of the CLARITY Act passing in 2026. They still believe a vote will take place in July and hope the bill receives 60 supportive votes, but the outcome remains uncertain at this time. (Cointelegraph)