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South Korea’s National Tax Service Fully Tracks Cryptocurrency Tax Evasion, Including Non-Custodial Wallets

According to ZDNet Korea, South Korea’s National Tax Service (NTS) issued a tender notice on April 15 to introduce cryptocurrency transaction tracking software from firms including Chainalysis and TRM Labs. The system aims to monitor cryptocurrency transactions in real time, trace hidden assets of tax evasion suspects, and combat disguised inheritance, gifting, and offshore tax evasion involving digital assets. It can track approximately 70 million types of cryptocurrencies—including Bitcoin, Ethereum, XRP, and stablecoins—across 45 blockchain layers. The system also features “de-mixing” capabilities to identify mixing-service-based money laundering techniques and can perform partial identity verification for non-custodial wallets such as MetaMask and Phantom. This marks the NTS’s third deployment of such solutions since 2024; system construction is scheduled for completion in June, with official operation commencing in July.

Bitget Launches the Ulysses Program, Offering Interest-Free Lending to Institutional Clients

Bitget today announced the official launch of its “Ulysses Program” for institutional clients, aiming to provide institutions with a unified trading environment and efficient capital deployment solutions powered by the UEX architecture. The program begins global recruitment immediately, seeking 50 institutional participants. Selected institutions will gain full access to PRO-tier exclusive privileges, connect to the low-latency LOLA trading channel, and activate the cross-asset margin system. As a core support benefit, Bitget will offer eligible institutions an interest-free loan facility of up to $3 million for two months, helping them scale trading volumes and improve capital turnover efficiency. Applications for this recruitment round close on June 30. Gracy, CEO of Bitget, stated that the program integrates trade execution, liquidity management, and risk control within the UEX framework, providing professional capital with a clearer, more structured pathway to market participation.

Bybit Launches USDC Trading Fee Discount and Market Maker Weight Upgrade

Bybit has announced that, building on its February USDC futures fee optimization initiative, it has further introduced trading fee discounts for both retail and VIP users, while enhancing market maker incentives to comprehensively improve USDC market liquidity and trading experience. From now until June 30, 2026, retail and VIP users can enjoy up to a 50% discount on trading fees, and the weighting factor for USDC market makers has been increased to 8x.

Polish Prime Minister Claims Crypto Company Involved with Russian Mafia and Intelligence Networks, Funding Political Opponents, Sparking Regulatory Controversy

Odaily News: Polish Prime Minister Donald Tusk stated that a cryptocurrency company linked to "Russian mafia and intelligence agencies" is funding political opponents and influencing domestic crypto regulatory legislation. During a parliamentary vote on Friday, Tusk pointed out that some Polish politicians are obstructing crypto regulatory legislation to serve a company named Zondacrypto, which is alleged to provide "financial support" to political figures and has ties to Russia.Tusk further claimed that the company sponsored the CPAC (Conservative Political Action Conference) event held in Poland last year, during which former U.S. Secretary of Homeland Security Kristi Noem publicly supported President Karol Nawrocki's campaign.Tusk bluntly stated that the company's funding sources not only involve "funds related to the Russian mafia (Bratva)" but may also be connected to Russian intelligence agencies.Meanwhile, President Nawrocki won the election last June, with his camp receiving support from former U.S. President Donald Trump. The President's Office responded that it is not opposed to crypto regulation itself but opposes the "flawed regulatory model" proposed by the government.This controversy arises amidst the political tug-of-war in Poland over the crypto regulatory bill. The bill aims to align with the EU's MiCA (Markets in Crypto-Assets Regulation) framework. However, the President previously vetoed the relevant bill and blocked parliament from overriding the veto in December, stalling the regulatory process. (The Block)

UK FCA Consults on Scope of Crypto Regulation; New Regime to Open for Applications as Early as September 2026

According to The Block, the UK’s Financial Conduct Authority (FCA) has published a new consultation paper seeking feedback on how to bring digital asset activities—including stablecoin issuance, trading platforms, custody, and staking—under regulatory oversight. The consultation period ends on 3 June 2026. Crypto firms will be able to begin applying for FCA authorization as early as 30 September 2026, and the new regulatory regime is expected to officially take effect in 2027. The FCA stated that, prior to the new regime coming into force, crypto assets are largely unregulated in the UK—except for financial promotions and anti-financial crime oversight. Industry insiders note that the UK’s progress on crypto regulation clearly lags behind Europe, which has already established a comprehensive enforcement framework; however, some practitioners view the FCA’s systematic, phased implementation approach positively.

UK Financial Regulator Seeks Feedback on 2027 Crypto Regulatory Framework

Odaily News The UK Financial Conduct Authority (FCA) has announced that it is seeking industry feedback on guidance for the UK's future crypto asset regulatory regime, aiming to advance the implementation of a comprehensive regulatory framework set to take effect on October 25, 2027.According to the announcement, this consultation round will last until June 3, 2026, and aims to help businesses understand the impact of the new rules on their operations, while providing compliance guidance for key areas such as stablecoin issuance, crypto trading, custody, and staking. The FCA stated its intention to establish a "competitive and sustainable" crypto market, enabling compliant firms to better serve UK users.The FCA also disclosed that the relevant crypto firm authorization application channel is expected to open in September 2026 and remain open until February 2027. All institutions providing crypto asset services will in the future need to obtain authorization under the Financial Services and Markets Act (FSMA), and those previously registered under the anti-money laundering framework will not be automatically exempt. This guidance consultation is seen as a significant step in the UK's gradual improvement of its crypto regulatory system, marking an acceleration in its transition from partial regulation to a comprehensive licensing regime. (Cointelegraph)

Figure Technologies and Hastra Partner to Launch On-Chain Auto Loans, Expanding DeFi Credit Assets

According to Cointelegraph, blockchain lending platform Figure Technology and its on-chain credit platform Hastra have officially integrated auto loans into their tokenized credit market, further expanding the range of real-world assets (RWAs) accessible to decentralized finance (DeFi) investors. Democratized Prime—the decentralized lending marketplace operated by Figure Markets—has launched auto finance as a new asset class for the first time. Hastra has also announced its expansion to Ethereum Virtual Machine (EVM)-compatible chains, with plans to roll out auto loan products first on Solana and then on Ethereum in June. According to Michael Tannenbaum, CEO of Figure, the platform has generated over $22 billion in on-chain loans to date. Analysts view Figure’s tokenized lending business as experiencing significant growth and have assigned it an “outperform” rating with a $67 price target.