News linked to both this project and an event.
according to sources familiar with the matter, U.S. regulators are investigating allegations brought by Susquehanna International Group. The allegations claim that an unknown insider trader profited $100 million through options bets ahead of the recent Chinese regulatory crackdown on cross-border brokerages Futu and Tiger Brokers. Susquehanna made these allegations public in a lawsuit filed in the Manhattan federal court on June 29.The sources indicated that the U.S. SEC is reviewing the trades described in the market maker's complaint. In its lawsuit, Susquehanna claims it lost over $70 million as the counterparty to much of the alleged insider trading. The lawsuit states that traders purchased options traded on U.S. exchanges of Chinese securities firms, which subsequently became the target of a regulatory crackdown on May 22. The scope and stage of the SEC investigation are currently unclear. A U.S. judge on June 29 granted Susquehanna's request to freeze the relevant accounts. The Chinese government stated that Futu and Tiger Brokers were providing unlicensed trading services to mainland residents. The stock prices of both companies fell following the announcement on May 22. Futu was fined 1.85 billion yuan in regulatory penalties, and founder Leaf Li saw his wealth decrease by $1.7 billion in a single day. (Straits Times)
According to CoinDesk, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.
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.
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 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.
OdailyOdaily reports that the Dutch Public Prosecution Service has requested the Rotterdam District Court to declare crypto platform Knaken Cryptohandel and its affiliated entity Stichting Knaken Payments bankrupt, citing "public interest" as the reason. Knaken has been offline since the beginning of June, leaving approximately 30,000 customers unable to access their funds.Knaken had allowed users to exchange euros for cryptocurrencies such as Bitcoin and Ethereum, and provided trading and digital asset storage services. Under EU crypto regulations, such activities require a license from the Dutch market regulator AFM, but Knaken did not obtain the necessary authorization. Additionally, a separate criminal investigation initiated by the Fiscal Information and Investigation Service is ongoing. On Monday, investigators searched relevant premises, seizing laptops, mobile phones, and company assets. No arrests have been made so far. (Decrypt)
According to an official announcement, based on the latest review, the following tokens no longer meet the Binance Alpha standards and will be removed from the recommended list on June 30, 2026, at 10:30 (UTC): TTD (TradeTide), OIK (SpaceNation), LUNAI (LunabyVirtuals), TOWN (Alt.town), VINU (VitaInu), PUP (PUP), CYPR (Cypher), DGRAM (DatagramNetwork). After removal, users can still withdraw or sell these tokens on Binance Alpha.
According to an announcement by the Hong Kong Monetary Authority, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly announced on June 29 that they have completed the first-phase review on promoting the further application of Distributed Ledger Technology (DLT) in Hong Kong's fixed income market. The review results confirmed that Hong Kong's existing legal and regulatory environment is sufficiently flexible to support the issuance of tokenized bonds. The Companies Registry released frequently asked questions on the same day, clarifying that registers of debenture holders maintained using DLT comply with the relevant provisions of the Companies Ordinance. The next phase of the review will commence in the second half of this year, focusing on legal optimization issues such as allowing electronic signatures to execute tokenized bond issuance documents, as well as the "possession" and "transfer" of tokenized fixed income products, to promote the wider application of DLT in the fixed income market and the digital asset sector.
According to Reuters, Michigan Ingham County Circuit Court Judge Rosemarie Aquilina issued a temporary restraining order against prediction market platform Kalshi on June 29 local time upon the application of State Attorney General Dana Nessel, prohibiting it from offering sports event contract trading to Michigan residents and requiring it to connect to third-party geolocation services licensed by the state Gaming Control Board, or face a fine of $120,000 per day. Michigan thus becomes the second state to ban Kalshi through a court injunction after Nevada, while a similar injunction in Massachusetts was suspended due to Kalshi's appeal. Kalshi maintains that its business is under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) and stated it will continue to fight in court.
OdailyOdaily Planet Daily reports that Robinhood has officially announced on X that the Trump Account application (supporting iOS and Android) is now live and available to all eligible American families. Users can now activate their accounts, which will officially begin accepting deposits on July 4, 2026.Robinhood added that all US children under the age of 18 with a valid Social Security Number are eligible to open a Trump Account; eligible children born between 2025 and 2028 will receive an initial $1,000 contribution from the U.S. Treasury; family members, friends, and employers can contribute a combined maximum of $5,000 annually; the account is designed for long-term investment.The so-called "Trump Account," also known as a 530A Account, is a tax-deferred investment account plan authorized by then-President Donald Trump on June 9, 2025, under the "Big and Beautiful" Act. Its purpose is to establish government-funded savings accounts for children of US citizens born between January 1, 2025, and January 1, 2029. The Bank of New York Mellon has been designated as the financial agent for the Trump Account, while Robinhood serves as the designated broker-dealer and initial trustee.
According to The Paper, 14 individual consumers and three small businesses filed an antitrust class-action lawsuit on June 25 in the U.S. District Court for the Northern District of California, accusing Samsung, SK Hynix, and Micron of conspiring to manipulate DRAM supply and pricing since 2022, leading to an approximately 700% increase in memory prices over the past four years. The plaintiffs claim the three companies used the transition to High Bandwidth Memory (HBM) as an excuse to artificially cut supply of traditional DDR3 and DDR4 memory, disregarding "all economic and business logic". The lawsuit also cites Apple's recent price increases for iPads and Macs as evidence that supply restrictions have affected downstream products. If successful, the defendants are required to pay treble damages, and the scope of the lawsuit may expand to all consumers and businesses purchasing products containing DRAM. Notably, Samsung and SK Hynix were previously fined in the U.S. for price-fixing behavior in the early 2000s, and Samsung was even handed a $300 million criminal fine in 2005. Investment bank Jefferies predicts that the high level of memory prices is difficult to reverse in the short term, with prices still expected to rise quarter-on-quarter by 30% to 50% in the third and fourth quarters of 2026, and a significant decline may not occur until 2028 at the earliest.
According to disclosures on the official website of the U.S. Securities and Exchange Commission (SEC), the U.S. District Court for the Eastern District of New York issued a default final judgment on June 16, 2026, regarding the NanoBit crypto fraud case, involving four entities and two individuals. Reportedly, since September 2023, the fraud participants, posing as financial professionals through WhatsApp groups, induced investors to deposit funds into the fake crypto trading platform NanoBit and promised high returns through fake ICO projects. The platform falsely claimed that its affiliate NanobitUS Securities was an SEC-registered broker-dealer, but in reality, no real transactions ever occurred on the platform; over $2 million in investor funds were transferred to Hong Kong bank accounts, and hundreds of thousands of dollars in crypto assets were misappropriated. The final judgment requires the defendants to pay a total of over $5 million in penalties, disgorgement, and interest, and permanently prohibits them from violating relevant securities laws.
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.
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.
the business combination between Securitize and SPAC Cantor Equity Partners II (NASDAQ: CEPT) is expected to raise approximately $400 million (including PIPE, before deducting related expenses). Upon completion of the merger, the new company will be renamed Securitize Corp., and its common stock is planned to begin trading on the New York Stock Exchange under the ticker "SECZ" starting July 2. The CEPT shareholder meeting is scheduled to vote on the transaction on June 29, with the current redemption rate below 30%. Securitize claims to have obtained regulatory licenses related to digital securities infrastructure in both the United States and the European Union, managing over $4 billion in on-chain real-world assets. (PR Newswire)
According to a notice on the SEC’s official website, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a request for public comment on June 26 seeking input on further harmonizing the portfolio margining regulatory framework for securities, security-based swaps, futures, swaps, and related positions. The two agencies stated that this initiative aims to assess whether greater coordination could enhance risk management efficiency, reduce market fragmentation, and strengthen customer protection. The scope of the request for comment covers multiple topics, including existing margin methodologies, cross-product offsetting, capital and collateral treatment, clearinghouse considerations, and technical implementation. SEC Chair Paul S. Atkins stated that further harmonization of the framework could prevent jurisdictional overlap from impeding innovation and efficiency, and cross-margining mechanisms could unlock liquidity currently locked in segregated accounts. CFTC Chair Mike Selig also noted that enhanced interagency cooperation would help release underutilized capital and build a more robust risk management system. The public comment period will remain open for 60 days following publication in the <i>Federal Register</i>.
Carlos San Basilio, Chairman of the Spanish securities market regulator (CNMV), stated that no extensions or exemptions will be granted for the transition period for licenses under the EU's Markets in Crypto-Assets Regulation (MiCA). This applies to platforms such as Binance that have not yet obtained MiCA authorization. Unlicensed crypto companies must exit the EU market by the end of June. The CNMV stated that it is communicating with relevant platforms regarding their exit arrangements to ensure an orderly transfer of client assets and protect investor interests. It also reminded investors that, after the transition period ends, new transactions on unauthorized platforms will no longer be protected under the MiCA framework. (Reuters)
According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) announced it has extended the temporary regulatory relief period for digital asset businesses applying for an Australian Financial Services (AFS) license to 30 September 2026—three months beyond the previous deadline of 30 June. This extension also broadens the scope of the relief, now covering digital asset businesses operating via authorized representatives or through intermediary arrangements with licensed firms. ASIC stated that since updating its digital asset regulatory guidance in October 2025, it has received approximately 30 license applications. Notably, this extension is independent of Australia’s Digital Asset Framework, which passed Parliament in April this year and is scheduled to take effect on 9 April 2027. ASIC warned that businesses licensed under the current guidance may still require additional authorizations once the new framework comes into force.
According to iGB, the Curacao Gaming Authority (CGA) has officially released its Cryptocurrency Policy Guidelines for B2C online gambling licensees, requiring all group entities involved in cryptocurrency transactions to comply with global Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) frameworks, with a phased implementation deadline extended to mid-2027. Key requirements include: licensees may only accept cryptocurrencies for gambling purposes and must not act as exchanges, custodians, or Virtual Asset Service Providers (VASPs); mandatory deployment of blockchain analytics capabilities for wallet risk scoring and transaction monitoring; preference for fiat-backed stablecoins, while privacy coins, meme coins, and wrapped tokens with unclear provenance must be assessed or excluded; player, operational, and treasury wallets must be strictly segregated, with personal or UBO-associated wallets prohibited; funds linked to mixers, tumblers, or sanctioned addresses are strictly prohibited. Regarding the compliance timeline, operators must submit their cryptocurrency compliance policy to the CGA within three months, complete risk assessments and staff training within six months, and achieve full compliance—including wallet segregation, on-chain analytics deployment, and audit log maintenance—within 12 months (i.e., by June 2027). The CGA also reserves the right to require accelerated compliance in the event of material risk.
According to Decrypt, U.S. President Trump temporarily canceled the signing ceremony for the “21st Century Housing Pathway Act” on June 24. The bill not only covers easing restrictions on new home construction and banning large-scale residential purchases by Wall Street firms but also includes a provision extending the ban on CBDC issuance until the end of 2030. The bill had previously passed both the Senate and the House of Representatives by overwhelming margins—85–5 and 358–32, respectively. Trump stated he would refuse to sign the housing bill unless Congress first passes the controversial “SAVE America Act” (a voting rights restriction bill), calling the housing bill “irrelevant.” Republican leadership has previously indicated that the “SAVE America Act” has virtually no chance of passage. If Trump ultimately vetoes the bill, Congress would need to override the veto with a two-thirds supermajority in both chambers for it to become law.