ChainCatcher news, according to Eleanor Terrett, some industry insiders have expressed concerns about the new provisions in the CLARITY Act (Cryptocurrency Market Structure Bill) ahead of today's review by the U.S. House Financial Services Committee and the Agriculture Committee. This provision, referred to as the "Gensler Era Provision," aims to eliminate the exemption for existing tokens and instead grant the SEC case-by-case authority to determine whether each token is a security. Critics point out that this approach may exacerbate market uncertainty and contradict the original intent of the legislation.

ChainCatcher news, on-chain analyst Willy Woo tweeted, "Tether was founded in 2014 to address the banking service challenges faced by the crypto industry at that time, when banks generally refused to provide services to it. Today, Tether has become the 5th most profitable company in the world, earning more than Morgan Stanley and Goldman Sachs, with only about 100 employees. It still has at least 10 times the growth potential in the future."

ChainCatcher news, according to Cointelegraph, based on a report from Binance Research, the market size of real-world asset tokenization (RWA) is expected to grow from $8.6 billion at the beginning of the year to $23 billion in the first half of 2025, an increase of 260%. Tokenized private credit holds the largest market share (58%), followed by tokenized U.S. Treasury bonds (34%).The report states: "As the regulatory framework becomes clearer, the industry will continue to grow and attract more major industry participants." The new cryptocurrency staking regulations released by the U.S. SEC on May 29 are seen as a significant advancement for the industry, while the final vote on the GENIUS Act will provide clearer rules for stablecoin collateralization. Analysts point out that the volatility of Bitcoin prices is prompting investors to turn to RWA products with more predictable returns.Additionally, a spokesperson from Binance Research stated that while summer may lead to a slowdown in overall cryptocurrency market activity, the regulatory environment and macroeconomic conditions remain key factors influencing corporate decisions.

ChainCatcher news, according to Jinshi reports, Citic Securities research report indicates that recently, both Hong Kong and the United States have been advancing the legislative process of stablecoin-related bills to varying degrees. Stablecoins can provide a stable trading method for RWA token assets, enhance market liquidity, and help promote the further implementation of RWA issuance projects by mainland enterprises in Hong Kong. At the same time, the stablecoin bill is expected to indirectly boost the construction of payment and settlement interfaces related to digital currencies in Hong Kong's financial industry. Financial IT companies with experience in cross-border settlement of digital currencies/digital yuan and supply chain finance projects are expected to benefit.

ChainCatcher news, according to Bloomberg, the Polish presidential election has entered the final sprint phase. Nationalist candidate Karol Nawrocki recently released a video on social media promising that if elected, he would support the development of the cryptocurrency industry and oppose regulatory policies that restrict investment freedom. This candidate, supported by the Law and Justice Party, admitted that he does not hold digital currencies but emphasized that "Poland should be a birthplace of innovation rather than regulation."The latest polls show that Nawrocki and Warsaw Mayor Rafal Trzaskowski have similar support rates. Analysts believe that his stance on cryptocurrency aims to attract supporters of far-right candidate Slawomir Mentzen, who is known for holding Bitcoin and garnered 14.8% of the votes in the first round. Notably, Trzaskowski also publicly opposed regulating the Polish cryptocurrency market in February.

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 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 the Financial Times, the Indian cryptocurrency industry is actively lobbying the government to reduce the 30% capital gains tax and 1% transaction tax implemented since 2022.Currently, the high tax burden has led to over 90% of crypto transactions flowing overseas. With Trump likely to return to the White House and publicly support digital assets, the Indian government's attitude towards the crypto industry is becoming more lenient. The frequency of communication between the industry and policymakers has increased from once every six months to monthly or even weekly.Accounting firm Grant Thornton expects the Indian crypto market size to grow from the current $2.5 billion to over $15 billion by 2035.

ChainCatcher message, Zhao Changpeng responded to community KOL on the X platform regarding "How BSC can systematically compete with SOL" by stating that BSC and SOL do not compete, but rather should work together to grow the industry.In addition, Zhao Changpeng also mentioned that he, as a KOL, has not received any related peripherals.

ChainCatcher news, according to Bitcoin News, Russia's Bitcoin mining industry currently has the highest growth rate in the world and ranks second globally in terms of mining volume.Russia's largest Bitcoin mining companies, BitRiver and Intelion, control over 50% of the market share in the country, with the two companies generating a total revenue of $200 million in the fiscal year 2024.

ChainCatcher News, May 23, Beijing time, U.S. President Trump hosted a "Trump Dinner" with the first 220 $TRUMP token holders at his private golf club.Sun Yuchen, global advisor of Huobi HTX and founder of TRON, attended as the largest holder of $TRUMP and gave a speech. He stated, "I am very grateful for everything the Trump administration has done for our industry. Just not long ago, crypto people were constantly being oppressed, and it was impossible for us to hold such a grand event in Washington, bringing together all practitioners in the U.S. to co-build the crypto industry. This is the most wonderful thing I can think of. If I can come to the U.S., then everyone can come."

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."