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Regulation/Compliance

News linked to both this project and an event.

FBI Announcement: Digital Assets Seized in Multiple Jurisdictions, Including BTC, ETH, USDT, and Other Cryptocurrencies

According to an official FBI notice, the Federal Bureau of Investigation issued a public announcement on June 16, 2026, stating that it had seized substantial assets across multiple U.S. judicial districts for violations of federal law. Seized assets include cash, vehicles, cryptocurrencies, jewelry, firearms, and electronic devices. The seized assets span a broad range, including: multiple large cash deposits and luxury goods—including Hermès and Chanel handbags and jewelry—in California; various cryptocurrencies—including Bitcoin and Ethereum—in Connecticut; over $460,000 in USDT stablecoins in Texas; nearly $500,000 in USDT in Indiana; and more than $1.1 million across multiple bank accounts held by CO EBikes LLC in Colorado.

U.S. government oversight agency urges FDIC to coordinate cryptocurrency regulation

the U.S. Government Accountability Office (U.S. GAO) sent a letter to FDIC Chairman Travis Hill on June 8. The letter noted a significant increase in blockchain-related financial products and services, and that blockchain technology has been placed on a high-risk list. The U.S. GAO recommended establishing relevant coordination mechanisms to help regulatory agencies such as the FDIC jointly identify risks and implement timely regulatory responses.Additionally, under the GENIUS Act passed last year, the FDIC is the primary regulator overseeing bank-affiliated stablecoin issuer subsidiaries. The U.S. GAO also recommended that the FDIC rotate case managers assigned to banks to reduce threats to independence. The failure of three crypto-related banks in 2023 has raised questions about whether regulators took sufficient action. (cointelegraph)

Brazil Proposes Permanent Regulatory Framework Bill for Blockchain and Tokenization

According to Livecoins, on June 8, Brazilian Federal Deputy Lincoln Portela (PL-MG) submitted Bill No. 2901/2026, proposing the establishment of a “National Framework for Fintech and Digital Financial Platforms.” Key provisions of the bill include: establishing a “National Permanent Financial Sandbox” to provide a continuous testing environment for blockchain technologies and tokenized crypto assets; placing regulatory oversight under the Central Bank of Brazil, with differentiated, low-barrier compliance standards for small- and medium-sized fintech startups; permitting companies to share network infrastructure and data to combat money laundering involving crypto assets; and introducing decentralized digital identity and biometric technologies to secure high-value transactions. Non-compliant entities may face fines of up to 20% of their annual profits and revenue. The bill is scheduled for review by the Chamber of Deputies’ specialized committee in the coming weeks.

Benchmark: SEC NMS Reform May Be the Most Critical Crypto Regulatory Variable This Year

research firm Benchmark Equity Research has highlighted that the market structure reform proposal put forward by the U.S. Securities and Exchange Commission (SEC) on June 11 could be one of the most far-reaching regulatory actions for the U.S. crypto industry this year. The proposal aims to abolish Rule 611 and Rule 610(e) of Regulation NMS, two core rules that have governed the routing and execution of U.S. stock trades since 2005, which are seen as having long constrained the development of tokenized stocks and on-chain trading.Rule 611 (Order Protection Rule) requires trading venues to avoid executing trades at prices inferior to "protected quotations" on other markets, thereby enforcing the National Best Bid and Offer (NBBO) system. Rule 610(e) prohibits locked and crossed markets, restricting quotation overlaps and price mismatches.Benchmark analyst Mark Palmer stated that if the rules are repealed, it would remove key legal barriers hindering DeFi trading models, such as automated market makers (AMMs), allowing them to operate without relying on traditional order routing systems. The regulatory changes would directly benefit infrastructure for tokenized stocks and crypto securities trading, with Securitize identified as the most immediate beneficiary. Additionally, Coinbase and Galaxy Digital could also benefit from the expansion of trading, custody, and market-making businesses.However, Benchmark also noted that even with looser rules, critical issues such as exchange registration, clearing and settlement, and custody frameworks remain unresolved. The market is still anticipating the SEC's potential introduction of an "innovation exemption" mechanism. The SEC has opened a 60-day public comment period, and Benchmark expects a final vote could take place in early 2027. (The Block)

Pakistan Launches Public Consultation on Draft “2026 Virtual Asset Services Regulations”

The Pakistan Virtual Assets Regulatory Authority (PVARA) has launched a public consultation on the draft “Pakistan Virtual Asset Services Regulations 2026” and its accompanying Activity-Specific Handbook, open for comments from June 11 to July 2, 2026, at 4:00 PM Pakistan Standard Time (PST).

World Cup Drives Prediction Market Trading Volume to New Highs, Bernstein Says Robinhood May Benefit

Bernstein suggests Robinhood is poised for a "strong tailwind" as prediction market trading volumes hit record highs during the World Cup.Data shows that daily trading volume in prediction markets during the early stages of the FIFA World Cup surged from $2.2 billion on June 11 to $4.8 billion on June 12, setting a new all-time high, surpassing the $1.4 billion traded during the previous Super Bowl.Analysts note that prediction markets have become one of Robinhood's fastest-growing revenue lines since their launch. The firm projects Robinhood's prediction market revenue will grow from $150 million in 2025 to $586 million in 2026, representing an increase of approximately 286% year-over-year, and is expected to account for 17% of trading-related revenue and 10% of total revenue in 2026.Bernstein believes Robinhood's partnership with exchange and clearing house Rothera, which is regulated by the U.S. Commodity Futures Trading Commission (CFTC), is a competitive advantage. Since its launch on May 28, Rothera has processed approximately 200 million contracts in 18 days, with FIFA World Cup and MLB-related contracts contributing nearly all of the trading volume. Analysts state that Robinhood's core strength lies in its distribution capability, with its massive user base, a commission of $0.01 per contract, and strategies like up to 50% fee discounts for Gold members helping to drive user engagement.Furthermore, Bernstein indicates that competition in the prediction market space is expanding, including Polymarket launching event contracts for private companies and Kalshi introducing cryptocurrency perpetual contracts. The firm estimates that the World Cup will bring over $3 billion in new betting volume to prediction markets and boost overall consumer trading volume in the industry by $5 billion to $10 billion. (The Block)

Gate launches RLUSD, opening four major trading pairs with multiple incentive measures

crypto asset trading platform Gate has announced the listing of RLUSD, a U.S. dollar stablecoin launched by Ripple, at 17:00 (UTC+8) on June 15. Simultaneously, it will open the BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT trading pairs. RLUSD is fully backed 1:1 by U.S. dollar deposits, short-term U.S. Treasury bonds, and other cash equivalents, with monthly reserve audit reports enhancing transparency and compliance. This stablecoin is specifically designed for payment use cases, aiming to meet the growing demand from users, developers, and institutions for transparent, interoperable stablecoins with real-world application capabilities.To support the listing, Gate has simultaneously launched a market incentive program totaling 750,000 RLUSD. This program includes measures such as CandyDrop trading incentives, VIP-exclusive airdrops, withdrawal fee reductions, and KOL promotions, all designed to drive genuine trading demand, improve market depth, and attract new user participation and market vitality. The listing of RLUSD combined with the concentrated release of incentive resources demonstrates Gate's strategic direction of continuously improving its stablecoin trading ecosystem and enhancing multi-asset liquidity and trading efficiency. Moving forward, Gate will expand its offerings with more high-quality assets and ecosystem partnerships, driving the continued evolution of digital asset market infrastructure.

T. Rowe Price Multi-Asset Crypto ETF Approved by SEC, Can Include Up to 15 Crypto Assets

the actively managed crypto ETF launched by T. Rowe Price was approved by the U.S. SEC on June 12, 2026, marking a key step toward its listing on NYSE Arca. Although the product has not yet begun trading, it is close to being officially opened to investors.The ETF plans to allocate between 5 and 15 crypto assets. The current draft shows it will cover major assets such as Bitcoin (BTC), Ethereum (ETH), Solana, and XRP, along with highly volatile tokens like Dogecoin (DOGE) and Shiba Inu (SHIB), reflecting a strategy to expand into a broader digital asset portfolio. The approval process accelerated since April 2026, during which T. Rowe Price submitted multiple revised proposals. The SEC formally approved the second amended filing on June 12, indicating growing regulatory acceptance of multi-asset crypto ETF structures.Market analysts believe that if the product successfully launches, it will further expand institutional investors' compliant exposure to diversified crypto assets and could set a regulatory precedent for more actively managed multi-currency crypto ETFs in the future. (intellectia)

Polymarket's "Post-Hoc Clarification" Sparks Controversy: A Student's $35,000 Prediction Voided, $3.8 Million in Positions Wiped Out

Odaily News The prediction market platform Polymarket issued a "resolution clarification" that overturned a market result that had already appeared to be settled. This led to a 20-year-old student's $35,000 bet being declared invalid, while a total of approximately $3.8 million in positions across 1,838 accounts on the platform were liquidated.This clarification clause was written into the platform's rulebook, allowing for retroactive interpretative corrections to market settlement results, thereby altering the final payout. The incident has sparked strong dissatisfaction among traders, who argue that this "post-hoc ruling" mechanism undermines the certainty of market rules, and has ignited widespread controversy within the Polymarket and Kalshi communities.According to user disclosures, the incident originates from a case made public on June 13, where a market result that had ostensibly been settled was later reversed due to a change in rule interpretation.Industry analysts believe that this type of mechanism introduces "settlement clarification risk" into prediction markets, which is a type of tail risk event that cannot be hedged. If such operations occur frequently, they could drive high-risk liquidity away from the current platform towards trading venues regulated by the CFTC or those with formal arbitration mechanisms.Furthermore, this event is seen as one in a recent series of controversies, including settlement disputes surrounding the UMA oracle and Strategy's Bitcoin-related markets, which continue to test market participants' trust in the "finality" of prediction markets. (Cryptobriefing)

Bitget launches SpaceX stock spot trading, with zero fees on the first day and support for fractional share trading

according to the official announcement, SpaceX (SPCX) was listed on NASDAQ today, and Bitget has simultaneously opened its US stock spot token rSPCX trading channel. From now until 12:00 PM EST on June 13, trading rSPCX enjoys a 0 fee promotion, supports fractional share trading, with a minimum of 10 USDT required. Additionally, users can participate in leveraged trading through Bitget stock contracts.It is reported that rTokens, identified by the letter r followed by the stock symbol (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with the compliant broker Alpaca, they directly connect to global liquidity pools such as NASDAQ and the NYSE. Their features include: 1:1 reserve of underlying assets held by a licensed custodian, 1:1 distribution of stock dividends in token form, synchronous mapping of corporate actions like stock splits and reverse splits, and the ability for holdings to serve as joint margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.

11 national law enforcement agencies shut down AudiA6 crypto money laundering network

law enforcement agencies from 11 countries have jointly shut down the money laundering network AudiA6, which processed over 336 million euros in illicit funds between 2022 and 2025. On June 10, law enforcement arrested two administrators of Russian and Ukrainian nationality in Georgia, seized 25 domain names, over 30 servers, and 80 vehicles, and froze approximately 778,000 euros in cryptocurrency. Operating as a "mixer-as-a-service," AudiA6 provided services to cybercriminals involved in ransomware attacks, helping them cash out crypto assets and conceal the flow of funds, charging commissions of 3% to 10% and claiming to complete the "cleaning" process within about an hour.Since 2021, the AudiA6 wallet has received approximately 10,333 BTC, valued at around $389 million at the time of the transactions. The investigation also revealed that the money laundering network used thousands of fake accounts created with stolen or purchased identities, involving over 6,000 KYC records; many of these accounts were linked to Russian-speaking intermediaries and were used to transfer criminal proceeds through cryptocurrency exchanges. The clearnet and darknet domains of AudiA6 and Dark2Web have been replaced with seizure banners. (Cointelegraph)

Polymarket now offers a prediction range for the opening price of SpaceX on its first day of listing

Odaily Seer monitoring shows that Polymarket has launched a new prediction event for the opening price range of SpaceX (ticker: SPCX) on its first day of trading on the Nasdaq.SpaceX is scheduled to officially list on Nasdaq on June 12 (U.S. time). According to its compliance filing submitted to the U.S. Securities and Exchange Commission (SEC) in early June, the official IPO price has been set at $135 per share, corresponding to a valuation of approximately $1.75 trillion. Although the offering price has been determined, institutional oversubscription orders are reportedly exceeding $10 billion, fueling market expectations for a premium from the "first-day pop." However, given the high valuation multiple of 90 times price-to-sales and intense competition in the rocket launch market, the first-day opening premium may be relatively moderate. Under the event's settlement rules, the market will strictly settle based on the official opening price of SpaceX on its first trading day on the primary exchange. If the final opening price falls exactly at the boundary between two ranges, the higher range will be used for settlement.Odaily Seer remains focused on prediction markets. See the change before the price is set.

Bitcoin Treasury Company Nakamoto Sells Approximately 600 BTC to Repay Debt

the Bitcoin treasury company Nakamoto officially announced that it generated approximately $48 million in net proceeds by selling about 600 BTC and related derivative positions, thereby repaying approximately $45 million in outstanding debt to Kraken. This move is expected to reduce annual financing costs by approximately $4 million.Following the transaction, the company signed a new loan term sheet with Kraken for the remaining 165 million USDT, with a principal of 105 million USDT deferred to June 30, 2027, and an annual interest rate that can be reduced to 7.75% upon meeting the Bitwise custodied wallet collateral threshold. Additionally, the company’s board of directors has authorized a share repurchase program of up to $25 million. Currently, the company still holds approximately 4,467 BTC on its balance sheet. Furthermore, according to a notice from Nasdaq, the company has regained compliance with listing requirements.

Securitize merger enters voting stage, Benchmark sets target price at $16

Odaily Benchmark maintains a Buy rating for Securitize, a tokenized infrastructure company, with a price target of $16, based on the company's projected revenue of $178 million for 2027. The SEC has approved the registration statement for the merger of Securitize and Cantor Equity Partners II. Shareholders will vote on June 29. If the merger goes through smoothly, the combined entity will be listed on the New York Stock Exchange under the ticker SECZ.The report states that Securitize has a differentiated advantage through its compliance license framework spanning the U.S. and Europe, including being registered in the U.S. as a broker-dealer, an alternative trading system, a transfer agent, and a fund service provider, while holding trading and settlement licenses under the EU's DLT Pilot Regime. Securitize currently manages approximately $3.4 billion in tokenized assets, and its specific market segment has already exceeded $30 billion. (The Block)

New York Financial Regulators Propose New Stablecoin Regulations Aligned with Federal GENIUS Act

According to The Block, the New York State Department of Financial Services (NYDFS) formally proposed stablecoin regulatory rules—“Authorized Payment Stablecoin Issuers”—on June 10 local time. Building upon the 2022 guidance framework (which includes core requirements such as 1:1 U.S. dollar backing, redeemability, and independent audits), the new rules introduce several additional provisions: reserve assets must be held in a diversified custodial arrangement, with a cap on concentration at any single custodian; issuers with issuance volumes exceeding $25 billion must hold an additional minimum of 0.5% of reserves (capped at $500 million) at FDIC-insured depository institutions; redemptions must be completed within two business days; and rehypothecation of reserve assets and payment of interest on reserves are prohibited. The rules explicitly align with the “substantially similar” certification standard under the federal GENIUS Act, aiming to preserve New York State’s regulatory authority over issuers with issuance volumes below $10 billion. A 10-day pre-comment period has now opened, followed by a formal 60-day public comment period. The final rules will take effect concurrently with the GENIUS Act, and currently licensed issuers will be granted a one-year compliance transition period.

Humanity Says It Is Formulating a Victim Recovery Plan

Humanity released a post-mortem report on the H token security incident that occurred between June 8 and 9, stating that the incident was not caused by a smart contract vulnerability, but rather by a malware intrusion into a developer's device, which led to the leakage of private keys. Humanity stated that the attacker still holds the ProxyAdmin permissions for the ETH bridge and the BNB Chain token. Preliminary investigations confirmed that a colleague's device was infected with malware, which the attacker used to obtain the hot wallet private key of the administrator and the private keys for signing on 6 Gnosis Safe wallets. The team has hired an external security agency to conduct a forensic investigation and stated that they are formulating a recovery plan for affected users.

U.S. House Ways and Means Committee Introduces Six Cryptocurrency Tax Bills; Hearing Held Today

According to reporter Eleanor Terrett, the U.S. House Committee on Ways and Means held a hearing on cryptocurrency taxation at 2 p.m. local time on June 9, unveiling six standalone bills and one discussion draft ahead of the hearing. The six bills address cryptocurrency donations, taxation of mining and staking, reporting requirements, tax treatment parity, voluntary disclosure, and the application of existing anti-abuse tax rules to digital assets; the discussion draft targets offshore cryptocurrency tax avoidance. The Committee stated that these proposals aim to bring clarity, fairness, and operational feasibility to digital assets while safeguarding the United States’ position as the world’s leading hub for cryptocurrency. Witnesses at the hearing included representatives from Fidelity, Coinbase, Coin Center, and the NYU Tax Law Center.

Humanity releases incident update: affecting both Ethereum and BSC blockchains; stolen amount confirmed to exceed $36 million

Humanity released an incident update stating that its H token was subject to a coordinated attack on Ethereum and BSC on the evening of June 8, resulting in approximately $36 million worth of tokens stolen and dumped across both chains. The project disclosed that the attack originated from a compromised employee laptop, which led to the leakage of multiple owner keys for the Gnosis Safe controlling the Hyperlane bridge ProxyAdmin. On Ethereum, the attacker seized ownership of the ProxyAdmin and upgraded the contract to a malicious implementation, transferring approximately 141.2 million H tokens in a single transaction. On BSC, after similarly gaining control of the ProxyAdmin, the attacker deployed a malicious implementation with infinite minting capabilities, minting 200 million H tokens in two transactions and continuously dumping them. Humanity has suspended deposits and withdrawals on the affected cross-chain bridge and is cooperating with exchanges and law enforcement to investigate the incident and seek partial recovery of the stolen funds.

SBI Shinsei Bank to Pilot Program Allowing Deposit Interest to Be Exchanged for BTC, ETH, or XRP

Japan's SBI Shinsei Bank will launch a pilot program on June 10, allowing customers to convert a portion of their deposit interest into BTC, ETH, or XRP. The initiative uses "interest exchange" as an entry point to introduce crypto assets into traditional deposit products, enabling users to gain cryptocurrency exposure without direct purchase. Future expansion will depend on customer participation and the regulatory environment. (The Block)

Backpack Securities Officially Launched: Trade U.S. Stocks and Crypto Assets in One Account

Backpack has officially launched its securities business, allowing users to trade real U.S. stocks and ETFs, as well as cryptocurrency, perpetual contracts, and yield-generating products, all within a single account. According to the company, the service operates under the legal framework of New York State, granting users true ownership of securities and supporting features such as cash dividends and inter-transfer between brokerage accounts.In terms of trading, the platform supports 24/5 trading hours with instant order execution and direct access to public market liquidity. Additionally, Backpack announced that it will implement a zero-fee policy in June to enhance trading efficiency and user experience.