ChainCatcher news, according to The Block, the Solana Policy Research Institute, in collaboration with Phantom Wallet, Orca Exchange, and Superstate Protocol, submitted a compliant tokenized securities framework to the U.S. SEC's crypto working group.The proposal suggests allowing traditional assets such as stocks and bonds to be traded on-chain while seeking regulatory exemptions for non-custodial decentralized protocols. The proposal is based on the "Project Open" initiative previously proposed by SPI, aiming to achieve 24/7 operation and instant settlement of capital markets through blockchain technology.SPI emphasizes that decentralized protocols are different from traditional intermediaries and should be granted regulatory exemptions. This submission comes at a time when the SEC's stance on crypto regulation is gradually becoming more open.

ChainCatcher news, according to Bitcoin Magazine, Trump stated at the Coinbase "State of Crypto" summit that the U.S. will work to create a clear and simple market framework that will enable the U.S. to dominate the future of cryptocurrency and Bitcoin.

ChainCatcher news, according to official sources, Polygon has introduced its native POL token to Solana through the Wormhole's Native Token Transfer (NTT) framework.Wormhole stated, "By leveraging NTT, Polygon ensures that the core functionalities of POL (such as supporting transactions, securing the network, and facilitating community governance) can maintain their integrity while gaining access to the Solana ecosystem and user base."

ChainCatcher news, according to The Block, the trusted account framework project OneBalance announced the completion of a $20 million Series A funding round, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2IV. To date, its total funding has reached $25 million.OneBalance is a new framework for trusted accounts, combining chain abstraction, gas abstraction, and permission management to address the fragmented Web3 user experience.

ChainCatcher news, according to a report by Jinshi and People's Daily, on June 10 local time, Li Chenggang, the international trade negotiation representative and vice minister of the Ministry of Commerce, stated in London regarding the first meeting of the China-U.S. economic and trade consultation mechanism that both sides had professional, rational, in-depth, and candid communication. In principle, both sides reached a framework for implementing the consensus of the two heads of state from their June 5 phone call and the consensus from the Geneva talks.

ChainCatcher news, according to Cointelegraph, the EU plans to advance decentralized finance (DeFi) regulation by 2026, but the currently implemented Markets in Crypto-Assets Regulation (MiCA) has not clearly defined the concept of "decentralization." Vyara Savova, a policy expert at the European Crypto Initiative, pointed out on June 4 that since MiCA theoretically does not cover DeFi protocols, the sector remains in a regulatory gray area.The MiCA framework will come into effect at the end of 2024, aiming to enhance investor protection and regulate stablecoins, but its requirements for DeFi platforms to have traditional financial institution-level licenses and KYC regulations have sparked controversy. Notably, Article 22 of the regulation specifically states that "fully decentralized" service providers are not subject to regulatory constraints.Marina Markezic, co-founder of the European Crypto Initiative, clarified that despite the existence of a regulatory loophole amendment mechanism, "the MiCA II framework will not advance." Additionally, it has been revealed that new EU anti-money laundering rules are set to come into effect in 2027, which will restrict the use of privacy coins and anonymous crypto accounts.

ChainCatcher news, according to Bloomberg, Tether CEO Paolo Ardoino recently stated in an interview with Bloomberg that despite the Trump administration's friendly attitude towards cryptocurrencies, the company's "main interest" will still be focused outside the United States.Data shows that the stablecoin payment transaction volume reached $51.4 billion in 2024, a significant increase from last year, with Tether's USDT holding a market share of 62% to 91% in most regions worldwide. Singapore, Hong Kong, and Japan together account for 36.3% of global stablecoin flows, far exceeding the United States' 18.7%.Ardoino stated that the company will continue to focus on emerging markets such as Latin America, Asia, and Africa, while not ruling out the possibility of issuing new stablecoins in the U.S. after a "suitable regulatory framework emerges."

ChainCatcher news, Binance CEO Richard Teng tweeted, "Clear rules = mass adoption. The crypto industry needs the following regulatory framework: to promote innovation, protect consumers, and foster global competition. Policymakers who understand this will shape the financial landscape for the next decade."

ChainCatcher news, according to Bloomberg, Bitwise General Counsel Katherine Dowling stated, "Despite concerns that Trump's meme token may create an environment where participation opportunities are paid for, his involvement in the crypto industry is beneficial. Legislators should ignore the political noise and advance the crypto legislative process."

ChainCatcher news, according to Forbes, Robinhood has submitted a 42-page proposal to the U.S. Securities and Exchange Commission (SEC) suggesting the establishment of a federal-level "RWA tokenization" framework aimed at modernizing the U.S. securities market.

ChainCatcher news, Lido has released the Ethereum Auxiliary Proposer Mechanism (APM) framework. Ethereum is evolving through mechanisms such as Proposer Builder Separation (PBS) and pre-confirmation. The APM framework will help node operators adopt these mechanisms as safely as possible, balancing efficiency, rewards, and decentralization.In addition, LidoDAO has proposed the establishment of an APM committee and will soon hold a vote.

ChainCatcher news, according to Cointelegraph, Singapore-based digital asset infrastructure provider Safeheron recently launched an open-source Trusted Execution Environment (TEE) framework. This solution is developed based on the Intel SGX SDK and written in modern C++, aiming to enhance security and privacy protection in Web3 areas such as DeFi, payment services, and DAOs.The framework allows clients to create a secure isolated "enclave" space through cloud services that support Intel SGX, preventing external attacks and even internal hardware threats. Currently, privacy blockchains like Oasis Network and Secret Network have adopted similar technologies. Safeheron CEO Wade Wang stated that the decision to go open-source stems from concerns that closed systems in the industry hinder innovation.

ChainCatcher news, the Securities Commission of Malaysia (SC) today released a consultation paper aimed at gathering public opinions on the draft regulatory framework for tokenized capital market products. The public consultation period will last from May 6, 2025, to June 16, 2025.The SC pointed out that tokenized capital market products digitize traditional financial products such as stocks, bonds, and funds through distributed ledger technology (DLT) and should be distinguished from digital tokens and digital currencies, as the latter are regulated under different frameworks.The SC stated that the establishment of the regulatory framework is in response to the growing market interest in tokenized products. The framework will focus on exploring the application of DLT in the capital market, including programmable assets, fractional ownership, and enhanced transparency, while ensuring investor protection. The draft also addresses key areas such as public disclosure requirements, governance controls, and technology risk management, and proposes additional requirements for relevant licensees.

ChainCatcher news, according to CoinDesk, Tether CEO Paolo Ardoino criticized the EU's stablecoin regulatory framework during an interview on the Less Noise More Signal podcast. This framework forces stablecoin companies like Tether to keep a significant portion of their reserves (up to 60%) in uninsured bank deposits. Due to the interplay of high-risk loans and new cryptocurrency regulations, Europe may soon face a wave of bank failures.Paolo Ardoino added that the European regulatory system is designed to assist banking institutions in the eurozone by providing more liquidity, but it has resulted in "huge systemic risks," as large European banks like UBS will not incorporate stablecoins into the banking system, ultimately forcing stablecoin issuers to choose smaller banks, thereby further exacerbating the risks.

ChainCatcher news, according to Fortune magazine, the crypto company Unto Labs, founded by former Jump Crypto employees, has completed a $14.4 million funding round, led by Framework Ventures and Electric Capital, with a valuation of $140 million.Heeger is developing its own virtual machine ThruVM for the planned Unto blockchain, which will use RISC-V. Unto Labs aims to use this funding round to hire more employees, hoping to expand the team size from 5 to 10 by the end of the year.

According to ChainCatcher news, the UK government has today released a draft regulation for crypto assets on the official website of the Treasury. This regulation formally brings cryptocurrency exchanges, dealers, and agents into the regulatory framework, requiring compliance with standards of transparency, consumer protection, and operational resilience. Chancellor of the Exchequer Reeves stated that improving regulation will help enhance investor confidence, promote the development of financial technology, and protect public interests. The UK will continue to collaborate with the US on digital assets and plans to expedite the implementation of legislation.

ChainCatcher news, according to CoinDesk, the UK government released a consultation document for a cryptocurrency legislation draft on April 29, planning to add regulated activities, including operating cryptocurrency asset trading platforms and issuing stablecoins.In addition, the draft also covers regulatory frameworks such as market abuse, listing, and disclosure systems. Although relevant consultations were initiated during the Conservative government's term in 2023, the Labour government has stated that it will continue to advance the previous government's cryptocurrency plans. This initiative aims to regulate the cryptocurrency industry, protect investor interests, and promote healthy market development.