ChainCatcher news, according to the Korea Herald, Korea's Mirae Asset Securities is considering spinning off its digital asset business into an independent company. The company's internal digital asset solutions team (formerly known as the "Digital Asset TF") may operate independently, primarily responsible for tokenized securities (STO) and virtual asset-related businesses.The spin-off plan stems from the current Capital Markets Act in Korea, which stipulates that financial investment companies cannot engage in businesses outside of financial services, while virtual assets are governed by the Virtual Asset User Protection Act. Notably, the company has completed its core technology layout in the tokenized securities field, including the independent development of blockchain, token issuance, and circulation mainnet, and is advancing integration with the Mobile Trading System (MTS).Mirae Asset Securities stated that it is currently in the preliminary review stage for measures such as business expansion and spin-off.

ChainCatcher news, according to an official announcement, the Financial Conduct Authority (FCA) of the UK released regulatory proposals on May 28, 2025, regarding the issuance of stablecoins, the custody of crypto assets, and the financial robustness of crypto asset companies. The proposal aims to support the development of a secure and competitive cryptocurrency industry, requiring regulated stablecoins to maintain value stability and provide clear asset management information to customers.FCA Executive Director David Geale stated that the regulator will ensure market integrity and trust while supporting innovation. The FCA will work closely with the Bank of England to develop a regulatory pathway, and the Bank of England will publish a supplementary consultation document later this year.

ChainCatcher news, QCP released a briefing stating that the global financial markets have entered a period of calm, with the volatility of most asset classes continuing to decline, and the market's reaction to negative news has weakened. U.S. Treasury yields fell back after last week's "beautiful bill" raised fiscal concerns, with the 10-year and 30-year Treasury yields dropping below 4.5% and 5.0%, respectively. The yield on Japan's 30-year government bonds also fell below 3%, but remains at historically high levels.Market attention has shifted to the U.S. Treasury auction in June and the 40-year bonds issued by the Japanese Ministry of Finance today. The current economy is in a "moderate" state, and the impact of last month's tariff policy has not yet fully manifested, with expectations that it will be reflected in the data in the third quarter.At the same time, Senator Lummis's extensive remarks on stablecoins and Bitcoin as a strategic reserve have reignited hopes for progress in cryptocurrency policy. According to reports, Trump Media plans to raise $2.5 billion and join the ranks of companies establishing Bitcoin reserves. If the meeting generates momentum, more companies may follow suit, providing new structural buying support for the market.

ChainCatcher news, the main suspect and his accomplice in South Korea's first case of price manipulation prosecuted under the "Virtual Asset User Protection Act" have recently been granted bail by the court. According to the ruling of the Criminal Division of the Southern District Court of Seoul, the court approved the bail applications of the principal suspect A and accomplice B.The prosecution alleges that these suspects manipulated the price of C coin through market buy and sell orders and false buy orders, trading approximately 1.22 million C coins and illegally profiting 7.1 billion won. The case was investigated by the Financial Supervisory Service and was transferred to the prosecution in October last year, with an emergency prosecution initiated by the prosecution on January 3 of this year.

ChainCatcher news, according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) will hold a conference on "Emerging Trends in Asset Management" on June 5, 2025, with topics including digital assets and tokenization.SEC Commissioner Hester Peirce will attend, and the guest list will also include representatives from well-known financial institutions such as BlackRock, Franklin Templeton, and Fidelity.

ChainCatcher news, Ripple's Chief Legal Officer Stuart Alderoty announced that Ripple has submitted a supplemental letter to the U.S. Securities and Exchange Commission (SEC) cryptocurrency task force, focusing on the issue of when digital assets can be separated from investment contracts. This move responds to relevant questions raised by SEC Commissioner Peirce in her "New Paradigm" speech.In the letter, Ripple cites legal analysis from 2022 and the 2023 ruling in the SEC v. Ripple Labs case, emphasizing that XRP itself is not a security and arguing that most cryptocurrencies should not be considered securities in secondary market trading. Ripple also suggests that the SEC introduce a "safe harbor" mechanism to provide clearer compliance guidance for market participants and proposes criteria based on network maturity to help clarify which digital assets have moved away from investment contracts.Ripple expresses hope that through ongoing dialogue with the SEC, it can promote transparency and clarity in cryptocurrency market rules, providing a clearer direction for industry development.

ChainCatcher message, the re-staking protocol KernelDAO announces a partnership with World Liberty Financial (WLFI) to introduce the stablecoin USD1 to the Kernel platform as a re-stakable asset for the first time. Through this collaboration, USD1 holders can use their stablecoins to provide economic security for third-party applications and earn Kernel points as rewards.

ChainCatcher news, Brian Quintenz, the nominee for the chairman of the U.S. Commodity Futures Trading Commission (CFTC) nominated by Trump, disclosed that he holds at least $3.4 million in assets and has multiple connections to the crypto industry.Quintenz currently serves as the global head of crypto policy at the venture capital firm a16z and as a director at the prediction market platform Kalshi. If his nomination is approved, he will resign from these positions. He has pledged to avoid regulatory matters related to his former employers for two years if he takes office.

ChainCatcher message, Starknet announces the launch of a rune stablecoin backed 1:1 by USDC reserves, with each USDC being minted as a rune asset on Bitcoin. Users can redeem USDC in a trustless manner at the contract level through Starknet's Runes Bridge.

ChainCatcher news, according to Cointelegraph, the latest report from the blockchain analysis platform DappRadar shows that the total trading volume of the NFT lending market has plummeted 97% from a peak of $1 billion in January 2024 to $50 million in May. Analyst Sara Gherghelas pointed out that the number of borrowers has decreased by 90% year-on-year, while lenders have dropped by 78%, and the average loan amount has sharply fallen from $22,000 in 2022 to $4,000.The report suggests that the tokenization of physical assets (such as real estate or income-generating assets) could become a new catalyst for the market. Currently, only 8 protocols maintain a valid market share, with the average loan term shortening from 40 days in 2023 to 31 days. In the first quarter of this year, the total trading volume of the NFT market declined by 61% year-on-year to $1.5 billion, and the shrinking value of collateral further suppressed lending demand.

ChainCatcher news, according to GlobenewsWire, KULR Technology Group (NYSE American: KULR) announced today that it will officially join the Russell 3000 Index after the U.S. market opens on June 30, 2025, as part of the 2025 Russell Index reconstitution.The company's CEO Michael Mo stated that this milestone will enhance KULR's visibility and liquidity among institutional investors. The Russell Index is a benchmark widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked to the Russell U.S. Index as of the end of June 2024.It is noteworthy that KULR announced in December 2024 that its board had agreed to adopt Bitcoin as a primary asset and committed to using up to 90% of its remaining cash for Bitcoin acquisitions.

ChainCatcher news, Trump Media & Technology Group (DJT) CEO Devin Nunes announced that the company will make cryptocurrency a key component of its assets and view it as "the ultimate tool for financial freedom."He stated that the company has made its first acquisition of "crown jewel assets"—Bitcoin, aimed at resisting potential harassment and discrimination from financial institutions, while creating synergies for subscription payments for Truth Social and Truth+ platforms, utility tokens, and other planned transactions. Nunes emphasized that this is an important step for the company to develop into a holding company and acquire more profitable "crown jewel assets" that align with the "America First" principle.

ChainCatcher news, asset management company Strive announced today the completion of a $750 million private equity financing, focusing on deploying an "excess Bitcoin yield" strategic portfolio. The funds will be used to acquire biotech companies, distressed Bitcoin claims (such as Mt.Gox compensation rights), and discounted structured Bitcoin credit products.

ChainCatcher news, according to CoinDesk, Strive Asset Management, founded by Vivek Ramaswamy, has completed a $750 million PIPE financing, with a subscription price of $1.35 per share, a premium of 121% over the previous closing price of ASST, and has the opportunity to expand to $1.5 billion through warrants. The funds will be used to acquire undervalued biotech companies, purchase low-priced Mt. Gox Bitcoin claims, and discounted structured BTC credit products to build its Bitcoin treasury.CEO Matt Cole stated that Strive will enhance BTC returns with an "Alpha-oriented" strategy and will elaborate on the plan at the "Bitcoin and Business Conference" in Las Vegas.

ChainCatcher news, according to GlobenewsWire, sports betting operator SharpLink Gaming, Inc. (NASDAQ: SBET) today announced that it has signed a securities purchase agreement to conduct a $425 million public company private investment (PIPE), planning to issue approximately 69.1 million shares of common stock (or equivalent securities) at a price of $6.15 per share (with company management team members at $6.72 per share).Consensys Software Inc. is leading the investment as the primary investor, with participants including well-known crypto venture capital firms such as ParaFi Capital, Electric Capital, Pantera Capital, and Galaxy Digital. The transaction is expected to be completed on May 29.SharpLink plans to use the raised funds to purchase Ethereum (ETH) as the company's primary treasury reserve asset. After the transaction is completed, Ethereum co-founder and Consensys founder and CEO Joseph Lubin will serve as the chairman of SharpLink's board and will assist the company in developing its core business as a strategic advisor.

ChainCatcher news, according to GlobenewsWire, sports betting operator SharpLink Gaming, Inc. (NASDAQ: SBET) announced today that it has signed a securities purchase agreement for a $425 million public company private investment (PIPE), planning to issue approximately 69.1 million shares of common stock (or equivalent securities) at a price of $6.15 per share (with company management team members at $6.72 per share).Consensys Software Inc. is leading the investment as the main investor, with participants including well-known crypto venture capital firms such as ParaFi Capital, Electric Capital, Pantera Capital, and Galaxy Digital. The transaction is expected to be completed on May 29.SharpLink plans to use the raised funds to purchase Ethereum as the company's primary treasury reserve asset. After the transaction is completed, Ethereum co-founder and Consensys founder and CEO Joseph Lubin will serve as the chairman of SharpLink's board and will assist the company in developing its core business as a strategic advisor.

ChainCatcher news, according to FinanceFeeds, Digital Asset has appointed Jonathan Isaac as Chief Marketing Officer, responsible for enhancing the global visibility of the Canton Network blockchain platform.Isaac previously served as CMO of CoinMarketCap, successfully leading the global rebranding of the cryptocurrency information platform, and has held the position of marketing director at Gemini. He has over 20 years of experience in brand transformation and product marketing, having worked for global brands such as Sony and Coca-Cola.

ChainCatcher message, Bitget officially launches the yield-bearing asset certificate BGUSD, providing investors with a new choice that combines liquidity, stability, and returns. The yield of BGUSD comes from a diversified portfolio of real-world assets (RWA), including money market funds and tokenized U.S. Treasury bonds, supported by multiple tokenization service providers, including Superstate.Users can exchange USDC for BGUSD at a 1:1 ratio, or participate in the subscription through USDT, with returns distributed directly to the Bitget spot account in the form of BGUSD, achieving daily compound interest. The base annual yield is 4% APR, with a special rate of 5% APR available within the first 30 days of launch. Additionally, BGUSD can be used in various scenarios on the Bitget platform, including staking and lending, contract margin, Launchpool, and PoolX, further enhancing the flexibility and efficiency of fund utilization.