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According to a report by Bloomvingbit, the South Korean Ministry of Finance and Economy stated that tokenized stocks are considered securities rather than virtual assets. If the Financial Services Commission confirms their securities nature, taxes can be imposed immediately under the current Capital Markets Act, potentially as early as the second half of this year. Officials from the Ministry of Finance pointed out that although tokenized stocks are formally virtual assets, they are essentially closer to securities.The Financial Services Commission has previously clarified in its token securities guidelines that token securities are securities issued in the form of digital assets and fall under the jurisdiction of the Capital Markets Act. Currently, the market generally believes that tokenized stocks are classified as virtual assets (non-taxable assets) and can enjoy tax exemption until the implementation of virtual asset taxation next year. However, the Ministry of Finance emphasizes its stance on taxation and is establishing an information exchange system with overseas tax authorities such as the IRS. Offshore transactions on overseas platforms are also included in the taxation scope; regardless of where they are issued, as long as the economic value and rights structure essentially belong to securities, they can be subject to dividend income tax.

According to Reuters, Polish President Karol Nawrocki vetoed a cryptocurrency regulation bill for the third time, which aims to implement the EU's Markets in Crypto-Assets Regulation (MiCA). Poland needs to complete the approval by July.Previously, the Polish parliament passed the bill in May, against the backdrop of a scandal involving the collapse of the country's largest cryptocurrency exchange and a dispute over regulatory responsibilities. Nawrocki expressed support for regulation and consumer protection but stated that the government did not adopt most of the presidential office's previous amendment suggestions in the latest version, emphasizing that he would only sign it into effect if the parliament revised it according to his opinions.

According to Jinshi News, European Central Bank President Lagarde stated that if interest rates are not raised, inflation will remain above the target in the medium term.

The blockchain infrastructure protocol Lava Network has signed a non-binding memorandum with developer BHL Group to design a tokenized regulatory sandbox for the planned residential development project Alba Bay in the Caribbean. The project plans to build over 40,000 residential units, covering nearly 40 million square meters, with a cost of billions of dollars, and is expected to break ground in the first quarter of 2027.Lava claims this is its first real-world asset authorization project. Currently, no units have been tokenized, and no infrastructure has been deployed; BHL is not required to pay any upfront fees to Lava. Lava's role is to support ecological promotion, coordinate the application of crypto-native teams, and participate in the sandbox design, with commercial terms based on usage, no fixed fees, equity, or token grants.According to CoinGecko data, the LAVA token has fallen over 90% from its peak in 2024, with a market capitalization of approximately $9 million. Lava stated that the tokenization structure has not yet been determined, and any tokens will supplement rather than replace existing property registrations; whether the project can advance to the tokenization stage depends on subsequent assessment results.

OpenAI is considering significantly lowering product prices to respond to the potentially escalating fierce competition with Anthropic.Reports indicate that OpenAI expects competition in the AI services market to intensify further and may evolve into a price war. Meanwhile, some corporate clients have begun to show greater sensitivity to the current pricing levels of AI products.Insiders say that against the backdrop of corporate users' ongoing focus on AI usage costs, the industry pricing system may face restructuring, and competitors may also be forced to adjust their pricing strategies. Analysts believe that as the generative AI industry enters a new phase of commercial competition, price and control of inference costs are becoming important factors for major manufacturers vying for market share.

According to the Wall Street Journal, Kalshi plans to require some participants in the prediction market to disclose their employer identities. It is reported that users will need to submit an online form disclosing their workplace when placing bets in markets involving undisclosed significant information, and this change will be rolled out in the coming weeks. Sensitive betting markets involving company performance, national security, and other areas are expected to require the disclosure of employment information.The audit committee report reveals for the first time that Kalshi has submitted over 20 referral cases to the U.S. Commodity Futures Trading Commission and the Department of Justice in the first quarter of 2026. This year, individuals referred to federal authorities include former New York Congressman George Santos and accounts related to military spouses.

South Korean President Lee Jae-myung stated at a press conference marking his first anniversary in office that the South Korean stock market is currently still undervalued.Previously, the South Korea Composite Stock Price Index (KOSPI) fell by 8.8% at one point during Monday's trading session, triggering a circuit breaker, with Samsung Electronics experiencing a decline of up to 10%. The Korea Exchange subsequently held an emergency market assessment meeting, stating that it would strengthen emergency responses and increase monitoring of illegal short selling and unfair trading.Lee Jae-myung also mentioned that South Korea will promote the integrated application of AI across all industries, prepare large-scale investment projects related to the chip industry, and accelerate housing supply in the real estate sector while increasing the tax burden on non-owner-occupied property holders.

According to monitoring by Catcher Predict, in the predicted market event "LoL: Cloud9 vs LYON - LCS Playoffs" on Polymarket, the "Yes" option win rate for the sub-market "Both sides kill a dragon" has experienced a sharp fluctuation, soaring from 50% an hour ago to the current 95% (a fluctuation of 45%). Please note the impact of related breaking news.

According to Jinshi reports, after the release of significantly better-than-expected non-farm payroll data on Friday, market expectations for the Federal Reserve's interest rate hikes this year surged, causing spot gold to plummet sharply, nearly erasing all gains for the year, marking a fourth consecutive week of declines. Silver's overall trend mirrored that of gold but with slightly stronger volatility, closing down 9.85% for the week. The U.S. dollar index, buoyed by the unexpected non-farm data, rose significantly to just above the 100 mark. Following the non-farm data on Friday, U.S. tech stocks suffered heavy losses. The Dow Jones Industrial Average closed down 1.35%, the S&P 500 index fell 2.65%, marking the largest single-day drop since October 2025; the Nasdaq dropped 4.18%, the largest single-day decline since April 2025.Goldman Sachs believes that the current market sentiment is clearly more greedy than fearful. Deutsche Bank pointed out that the market is highly sensitive to any negative news involving Iran. Here are the key points the market will focus on in the new week (all times are in Beijing time):Monday 23:00, U.S. May New York Fed 1-year inflation expectations;Tuesday 14:00, Germany April seasonally adjusted industrial production month-on-month, April seasonally adjusted trade balance;Tuesday 18:00, U.S. May NFIB Small Business Confidence Index;Tuesday 20:15, U.S. ADP employment change for the week ending May 23;Wednesday 20:30, U.S. May unadjusted CPI, May seasonally adjusted CPI/core CPI month-on-month;Wednesday 21:45, Bank of Canada announces interest rate decision;Thursday 20:15, European Central Bank announces interest rate decision;Thursday 20:30, U.S. initial jobless claims for the week ending June 6, May PPI year-on-year/month-on-month;Friday 14:00, Germany May CPI month-on-month final value;Friday 14:45, France May CPI month-on-month final value;Friday 22:00, U.S. June 1-year inflation expectations preliminary value, June University of Michigan Consumer Confidence Index preliminary value.In the coming week, the market will face a series of important events, but the most anticipated remains the potential initial public offering (IPO) of SpaceX. According to current plans, this transaction may launch on Friday, and if it proceeds, it is expected to have a significant impact on overall market sentiment, although the specific direction is still difficult to determine.In addition to SpaceX, the Apple Worldwide Developers Conference, earnings reports, and TSMC's May sales data may also become important factors influencing market volatility. Next week, U.S. stocks will enter a relatively calm phase of earnings season; although the overall number of reports is not large, heavyweight tech companies Oracle and Adobe will take the stage one after another, becoming the focus of market attention.

According to monitoring by Catcher Predict, in the predicted market event "LoL: Anyone's Legend vs. LGD Gaming - LPL Playoffs" on Polymarket, the "Yes" option win rate for the sub-market "Both sides destroy inhibitors" has experienced a dramatic fluctuation, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

According to Jinshi reports, institutional analyst Anstey stated when evaluating the U.S. non-farm data that considering the Federal Reserve's mission to maintain price stability and achieve full employment, the current job market does not seem to need assistance. At the same time, the inflation rate is far above the Federal Reserve's target of 2%. It is expected that next week's CPI data will show the core inflation rate rising to 2.9%, with overall inflation soaring 4.2% year-on-year. It would be surprising if Federal Reserve policymakers do not further hint at a possible interest rate hike in 2026.

According to Onchain Lens monitoring, affected by the Orchard Pool vulnerability, ZEC has fallen below 400 dollars. The "1011 insider whale" Garrett Jin's 3x leveraged ZEC short position is currently up over 13.5 million dollars, while his 5x leveraged BTC long position is currently down over 17 million dollars.

According to a report by Barron's, on the eve of SpaceX's IPO, insiders at Rocket Lab concentrated on selling over 124,000 shares, cashing out more than $18.41 million in total. This includes the company's General Counsel Arjun Kampani, Vice President of Space Systems Brad Clevenger, COO Frank Klein, and Alex Slusky, head of the shell company behind the company's listing, Vector Capital.Previously, the company's stock price had surged significantly due to the optimistic sentiment in the industry brought about by the increase in SpaceX's valuation. This Monday, Rocket Lab (RKLB) saw its stock price drop by 15% to $122.39 at one point.

According to monitoring by Catcher Predict, in the predicted market event "LoL: EDG vs BLG Playoffs" on Polymarket, the "Yes" option for the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to CoinDesk, the UK House of Lords Financial Services Regulatory Committee has called on the Bank of England to reconsider the proposed limits on stablecoin holdings in its latest report. The committee suggested that rather than imposing a holding cap in advance, it would be better to monitor market growth and only implement restrictions when financial stability risks clearly necessitate it. The Bank of England had previously proposed a holding limit of £20,000 for individuals and £10 million for businesses for each stablecoin. The report also questioned the rules on reserve assets, stating that this could have a significant impact on the commercial viability of UK stablecoin issuers. The Deputy Governor of the Bank of England acknowledged last month that the proposed holding limits and reserve requirements were "too conservative" and stated that they are exploring other ways to manage the risks associated with stablecoins.

The mobile communication service provider Helium Mobile, built on the decentralized crypto network Helium, has been acquired by Noble Mobile, which focuses on making communication services more accessible. Noble Mobile was founded by American entrepreneur and former presidential candidate Andrew Yang. Helium Mobile previously launched a free mobile plan service, and the company stated that it shares the same philosophy with Noble Mobile in enhancing the affordability of communication services. After the merger, they plan to continue offering low-cost mobile communication plans, hoping to challenge traditional telecom giants with more competitive services.Frank Mong, Chief Operating Officer of Helium Mobile, stated: "We chose Noble Mobile because our values, development vision, and management teams are highly aligned." The company believes that this acquisition will help further expand the market coverage of decentralized communication networks and promote the development of low-cost mobile communication services.

According to Bloomberg, the White House is reviewing early proposals from the U.S. SEC and CFTC regarding the re-examination of swaps and security swap reporting requirements, which are currently in the pre-rule stage. The two regulatory agencies plan to solicit public opinions before formally drafting regulatory details. The current reporting rules for swaps and security swaps in the U.S. are not unified, and some existing compliance exemption policies will expire in 2029.The International Swaps and Derivatives Association and the Securities Industry and Financial Markets Association jointly sent a letter last month urging regulators to unify the data reporting standards for the two types of products, while ICE Trade Vault LLC made a similar request. The CFTC stated that this work is being carried out jointly by the two agencies, and the SEC chairman has arranged for personnel to establish a unified reporting system during the industry conference in March. The new regulations will require two rounds of agency voting and public consultation before implementation.