ChainCatcher news, according to Jin10, ECB board member Panetta stated that the rise of crypto assets requires technical responses, such as the digital euro project. The reputational risks associated with banks providing crypto assets need to be closely monitored. Crypto assets cannot be controlled solely through rules and restrictions.

ChainCatcher news, Hong Kong stock market data shows that as of the market close, the total trading volume of 6 Hong Kong virtual asset ETFs today was HKD 20.9363 million, among which:Huaxia Bitcoin ETF (3042.HK) had a trading volume of HKD 10.21 million;Huaxia Ethereum ETF (3046.HK) had a trading volume of HKD 5.76 million;Harvest Bitcoin ETF (3439.HK) had a trading volume of HKD 0.8712 million;Harvest Ethereum ETF (3179.HK) had a trading volume of HKD 0.8251 million;Bosera HashKey Bitcoin ETF (3008.HK) had a trading volume of HKD 1.70 million;Bosera HashKey Ethereum ETF (3009.HK) had a trading volume of HKD 1.57 million.

According to ChainCatcher news and reported by CoinDesk, House Republicans have officially introduced the Digital Asset Market Clarity Act, a 236-page bill aimed at establishing a regulatory framework for the digital asset market.The bill grants the Commodity Futures Trading Commission (CFTC) exclusive regulatory authority over the digital commodity spot market and allows crypto platforms to register with the CFTC or the Securities and Exchange Commission (SEC) based on their business nature. The bill explicitly states that payment stablecoins are not considered securities and exempts decentralized finance (DeFi) operators and wallet service providers from SEC regulation.Additionally, the bill requires the SEC, CFTC, and the Treasury Department to submit a research report on DeFi and non-fungible token (NFT) regulation within one year. If the bill is passed, the relevant regulatory agencies must complete the market structure rulemaking within one year. Currently, the Senate is still advancing the review of the stablecoin bill.

ChainCatcher news, according to Cointelegraph, the stablecoin project USDKG supported by the Kyrgyzstan government announced the advancement of its fiatization process, which adopts a dual-anchor mechanism of gold reserves and the US dollar. William Campbell, the head of advisors, revealed to Cointelegraph that although this stablecoin is backed by physical gold, it chooses to anchor the exchange rate to the US dollar (1:1), aiming to meet the needs of daily payments and international trade. The gold reserves will be audited every six months by one of the Big Four accounting firms and publicly disclosed on-chain.The Kyrgyzstan government is actively laying out its Web3 strategy through legislative reforms and tax reductions, with 140 crypto enterprises already registered. As a key component of the national digital economy development, USDKG is supported by government-provided gold reserves, but its operational management is independently executed by private entities. The project team stated that in the future, it will integrate DeFi lending and yield farming functions to compete with traditional stablecoins like USDT through differentiated trust endorsements.USDKG plans to officially launch in the next quarter, allowing users to verify gold reserves through on-chain audit reports. Kyrgyzstan is gradually building a Central Asian digital asset hub by lowering tax rates for crypto enterprises and establishing a clear regulatory framework.

ChainCatcher news, according to FinanceFeeds, Hidden Road has launched digital asset swap prime brokerage services for U.S. institutions, providing cash-settled OTC swap products through its FCA-regulated UK entity, filling a long-standing product gap in the U.S. market. This move is a strategic expansion of the company's digital asset infrastructure, offering cross-margining and financing solutions.

ChainCatcher news, according to the official announcement from Upbit, in order to cooperate with the rebranding of the EOS network and the token swap, the deposit and withdrawal services for EOS and IQ tokens will be suspended starting from June 4, 2025, at 11:00 AM (Korean Standard Time). At the same time, the withdrawal functions for 6 other tokens, including ADD and BLACK, will also be suspended. The EOS/KRW and EOS/BTC trading markets will be suspended starting from June 5 at 2:00 PM, and after resumption, the market names will be changed to A/KRW and A/BTC.According to the project party's announcement, EOS will be renamed to Volta (with the token symbol changing to A), with a conversion ratio of 1:1. Volta plans to focus on developing Web3 financial services, including wealth management and payment sectors. Upbit stated that it will maintain communication with the project party to ensure the safety of user assets, and the specific resumption time will be notified separately.

ChainCatcher news, according to the official announcement, OKX has completed the token swap for EOS (EOS) and will launch the new asset Vaulta (A). Users can go to "Asset Management > My Assets > Fund Account" page to view the new asset Vaulta (A).The specific schedule is as follows:A deposit opening time: May 29, 2025, 3:00 PM (UTC+8)A/USDT collective auction time: May 29, 2025, 5:00 PM to 6:00 PM (UTC+8)A/USDT spot trading opening time: May 29, 2025, 6:00 PM (UTC+8)A withdrawal opening time: May 29, 2025, 10:00 PM (UTC+8)

ChainCatcher news, official news, the globally leading cryptocurrency trading platform BitMart has officially launched the innovative asset issuance zone "BM Discovery". This zone focuses on high-quality early-stage on-chain assets, combining real-time data tracking and dynamic risk control to create a new platform for users to discover on-chain assets that is safe, transparent, and efficient.BM Discovery has already launched multiple high-quality emerging assets, allowing users to discover and participate in potential targets at the first opportunity, seizing market advantages. To celebrate the launch of BM Discovery, BitMart has also specially introduced a limited-time 0 trading fee promotion for spot trading in the zone.The launch of this zone not only marks an important breakthrough for BitMart in asset layout but also provides global users with full-link support for "discovering, participating, and seizing new opportunities," bringing a more convenient and safer investment experience.

ChainCatcher News, Bitcoin mining ecosystem fintech platform Antalpha Platform Holding Company (NASDAQ: ANTA) announced its plan to strategically allocate $40 million equivalent in the gold-backed token XAUt before June 30, 2026, to hedge against macroeconomic fluctuations and make it a cornerstone collateral asset in Antalpha's loan structure.

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.