mutual

According to South Korean media reports, in order to improve the governance structure of digital asset exchanges and address monopoly issues, the Financial Services Commission of South Korea discussed the idea of pooling a portion of exchange profits into a common fund while formulating the "Guidelines for Professional Investment Companies Participating in the Virtual Asset Market." Currently, the idea of a common fund remains in the conceptual stage, and no specific direction has been determined.Given the current market landscape, the top five Korean won exchanges (Upbit, Bithumb, Coinone, Korbit, and GOPAX) account for over 90% of the market share, so this proposal may only apply to a few top exchanges.

Ripple's Global Policy Co-Head Rahul Advani stated that as other jurisdictions gradually establish stablecoin systems, the Hong Kong Monetary Authority can promote a mutual recognition mechanism for regulatory frameworks. When Hong Kong recognizes the mechanisms of other regions, locally licensed stablecoins are expected to circulate in Hong Kong, while Hong Kong stablecoins can also circulate in other regions.

Binance CEO Richard Teng stated at Hong Kong Fintech Week 2025 that Binance recognized the shift in regulatory trends early in the industry and made significant investments ahead of time. CZ is a visionary leader who has established a strong compliance gene and mission statement for Binance, assembling a top-notch team—credit for all of this goes to him; I am merely standing on the shoulders of giants to move forward. When I took over as CEO, I clarified three core priorities:First, to continuously build the largest and best crypto ecosystem globally. Provide the safest, most transparent, and most powerful products and services to meet user needs.Second, compliance is a core competitive advantage. The direction of regulation is very clear; compliance must be turned into a competitive advantage. Binance's compliance investment grew over 30% last year and has grown again by over 30% this year. The compliance team has over 1,000 people, making Binance one of the most compliant trading platforms in the world, working closely with global regulatory bodies to promote the development of smart regulation and truly support industry growth.Third, cooperation for mutual benefit and building the ecosystem together, whether collaborating with local banks, payment institutions, or project parties. The industry is still in its early stages, and growing the ecosystem together is more meaningful than "being the largest." The stronger the ecosystem, the more everyone benefits.

ChainCatcher news, according to Jinshi news, the White House stated that the United States and Vietnam have announced a framework for a mutually beneficial, fair, and balanced trade agreement. The United States will maintain a 20% tariff on Vietnam. The United States will determine products and potential tariff adjustment plans to provide friendly partners with zero-tariff reciprocal treatment.Both sides will constructively cooperate to address non-tariff barrier issues. They will seek to reach an agreement in the coming weeks.Meanwhile, the Malaysian Ministry of Foreign Affairs stated that Malaysia and the United States will elevate their bilateral relationship to a comprehensive strategic partnership.

ChainCatcher news, the Jefferson RWA Mutual Foundation announced it will lead the investment in AKAS, providing capital support, and the two parties will collaborate on the integration of DeFi and real-world assets (RWA).It is reported that the Jefferson RWA Mutual Foundation focuses on the Web3 and RWA sectors, providing research, tools, and ecological support; AKAS is a full-chain protocol, and the project contracts have been audited by AVE, Armors Lab, and CertiK. Subsequently, both parties will promote global market expansion, compliance exploration, and ecological co-construction to enhance financial transparency in related fields.

ChainCatcher news, the Jefferson RWA Mutual Foundation announced it will lead the investment in AKAS, with funds to support AKAS's global ecological layout and development.This collaboration aims to promote the integration of blockchain technology with real-world assets (RWA). According to public information, the Jefferson RWA Mutual Foundation focuses on the Web3 and RWA fields, with core businesses in research support, tool development, and ecological construction in this area; AKAS is positioned as a full-chain protocol, and its project contracts have been audited by three international security agencies: AVE, Armors Lab, and CertiK.Both parties have clarified that future cooperation will focus on global market expansion, compliance path exploration, and ecological collaborative construction, helping to enhance financial transparency and sustainability in the integration scenarios of Web3 and RWA.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that Katilyn Bottock, Assistant Director of the Investment Management Division of the SEC, stated that the SEC is nearing the finish line in approving ETF share classes for mutual funds. Currently, about 65-70 companies plan to move forward with this, managing a total of assets amounting to trillions of dollars.

ChainCatcher news, CMB International collaborates with DigiFT and OnChain to tokenize its Hong Kong-New Mutual Recognition Fund on the Solana chain, with the token code CMBMINT. Furthermore, this is the world's first public fund based on Solana.

ChainCatcher news, according to Jinshi Data citing information from the Ministry of Commerce, considering the talks between the two parties in London on June 9-10, 2025, and in Stockholm on July 28-29, 2025; both parties recalled the commitments made under the Geneva Joint Statement and agreed to take the following measures before August 12, 2025:The United States will continue to amend the implementation of the tariffs imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) as stipulated in Executive Order No. 14257 dated April 2, 2025, and will again suspend the implementation of the 24% tariff for 90 days starting from August 12, 2025, while retaining the remaining 10% tariff imposed on these goods as specified in the executive order.China will continue to (1) amend the implementation of the tariffs imposed on U.S. goods as stipulated in the Tax Committee Announcement No. 4 of 2025, and will again suspend the implementation of the 24% tariff for 90 days starting from August 12, 2025, while retaining the remaining 10% tariff imposed on these goods; and (2) take or maintain necessary measures to suspend or cancel non-tariff countermeasures against the United States as agreed in the Geneva Joint Statement.

ChainCatcher news, according to Cointelegraph, the UAE Securities and Commodities Authority (SCA) has officially established a strategic partnership with the Dubai Virtual Assets Regulatory Authority (VARA) to coordinate and unify the cryptocurrency regulatory framework in the UAE.According to the agreement, both parties will implement a mutual recognition mechanism for Virtual Asset Service Provider (VASP) licenses, but companies will still need to undergo compliance reviews such as anti-money laundering assessments. This collaboration simplifies the national business operation process for enterprises, and the SCA has also established a special committee to work with VARA to improve regulatory regulations, marking a key step for the UAE towards becoming a global leader in crypto governance. VARA emphasized that this cooperation is the beginning of broader national regulatory coordination and will promote cross-border regulatory interoperability with institutions such as the Abu Dhabi Global Market in the future.

ChainCatcher news, according to Jin Shi reports, Trump advisor Dick Morris joked in a media interview that people are so fascinated by the "feud" between Trump and Musk that they are overlooking two pieces of important news that could completely change the debate over the "beautiful big bill."He said, "I'm not a marriage counselor, so I can't comment on their relationship. But I am a political advisor, so let's talk about the beautiful big bill." Morris stated, "The first piece of news is that the Federal Reserve data shows that GDP grew by 4.7% in the first two months of this quarter. The Congressional Budget Office predicted 1.8%, and if it reaches 3%, the budget will be balanced. Now it's already at 4.7%, this bill will not increase the deficit at all, it's actually fantastic. The second piece of news is that the import volume in the last month was less than half of the previous month. This shows that Trump's tariffs are not just talk, and they will continue to have an impact, it's simply amazing!"He emphasized that the key factor determining the success or failure of the 2026 midterm elections remains economic performance. Morris confidently stated that Trump has laid the groundwork for the budget proposal through a series of executive orders, "This time is different, we will not miss the opportunity again."

ChainCatcher news, EU Trade and Economic Security Commissioner Šefčovič stated that the EU will fully engage and is committed to reaching a mutually beneficial agreement with the United States. The trade between the EU and the US is unparalleled and must be guided by mutual respect, not threats.Earlier news, US President Trump stated that he is not seeking an agreement with the EU. If the EU begins to turn towards the US, there may be discussions about postponing tariffs on it.

ChainCatcher news, according to Jinshi reports, there are market rumors that the EU plans to make concessions to U.S. President Trump after mutual tariffs are imposed.

ChainCatcher message, regarding the discussion about the voting mechanism for listing coins implemented by Binance in 2017, Binance founder Zhao Changpeng replied, "The voting started off quite well. But later it somewhat tore the community apart, causing project teams to attack each other. It felt a bit like pvp. Preventing cheating has also become increasingly difficult over time. We need to keep changing the model. Occasionally, it can still be done."

ChainCatcher news, after obtaining approval from the Israel Securities Authority (ISA), six mutual funds tracking the price of Bitcoin (BTC) will be listed in Israel next week.The six companies will start operating on December 31, the same day, which is a condition set by the regulators. Investment company executives stated, "The investment companies have been pleading for ETF approval for over a year and began sending out prospectuses for Bitcoin funds mid-year. But the regulators have acted independently. They must check the details."

ChainCatcher news, Bitcoin Magazine editor The Bitcoin Historian revealed on X that the insurance giant MassMutual purchased over 5,000 bitcoins four years ago, which have now increased fivefold, with a market value of approximately $500 million.

ChainCatcher news, the crypto insurance brokerage Native has completed a $2.6 million seed round financing, led by Nexus Mutual.Native will provide $20 million of on-chain insurance for each risk and will operate a fund pool on Nexus Mutual.Ben Davies, co-founder and CEO of Native, stated in an interview: "Native's role is to help address the long-standing issue of underinsurance in the market. Without a liquid insurance market, no industry can thrive, which is why we have established an on-chain commercial insurance brokerage, something that the market truly lacks."

ChainCatcher news, the Securities and Exchange Commission (SEC) of Thailand has proposed new regulations allowing mutual funds and private funds to invest in digital assets, in line with international developments and to meet the growing interest of institutional investors. A draft proposal released on Wednesday is seeking public comments on the revision of standards for funds investing in digital assets.The SEC proposed allowing securities firms and asset management companies to provide services to large investors interested in investing in crypto-related products (such as ETFs), creating more opportunities for investors to diversify their portfolios under expert management.