profession

Crypto journalist Eleanor Terrett posted on the X platform that, according to an industry insider invited to the conference call, stakeholders in the crypto industry will hold a conference call later this morning local time with Republican leadership to understand the latest developments on the text of the CLARITY Act.

RootData has integrated stock perpetual contract-related data into the API Professional Edition subscription system, covering core data such as stock perpetual contract trading pairs, market conditions, and liquidity.Currently, the RootData API has served over 220 institutional clients, covering not only mainstream trading platforms like Binance, OKX, Bitget, and Gate, but also widely adopted by market makers and quantitative institutions such as Amber Group and Presto Research. With continuously expanding data dimensions and stable real-time data service capabilities, RootData is gradually becoming an important provider of institutional-level crypto data infrastructure.

According to Bits.media, the final version of the Russian government's cryptocurrency regulation bill includes new restrictions, proposing to prohibit non-professional investors from purchasing foreign stablecoins, a group that encompasses the vast majority of residents in the country. The bill introduces two new concepts: "foreign digital tools" and "non-deliverable foreign digital tools," with collateral-backed stablecoins categorized under the latter.Qualified investors can purchase foreign digital tools, while non-qualified investors can only buy specific assets from a special list provided by the central bank. At the end of June, the Central Bank of Russia proposed a draft regulatory framework for stablecoins, requiring all transactions to be conducted under national control and completed through exchanges or legal exchange points. Central Bank Governor Elvira Nabiullina previously expressed a "cautious attitude" towards foreign stablecoins, as their issuers can freeze assets in users' wallets.

According to CNBC, the prediction market platform Kalshi has officially launched the professional trading terminal Kalshi Pro (beta version) to the public, aimed at high-frequency and professional users who trade multiple markets and participate in real-time event trading.Kalshi Pro supports professional features such as real-time public transaction flow, order book depth viewing, multi-leg contract analysis, and order management, and has added terminal-level charts and position risk management tools specifically for perpetual futures.Kalshi's product head Andy Chang stated that active traders have begun trading prediction markets and perpetual futures like Wall Street trades stocks and bonds, and Kalshi Pro aims to provide institutional-level trading terminals for professional traders.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: 9z vs PARIVISION - XSE Professional League Playoffs," the "PARIVISION" option in the sub-market "Map 1 Round Handicap: PARIVISION (-3.5) vs 9z (+3.5)" has experienced a drastic fluctuation in winning probability, dropping from 49% an hour ago to the current 24% (a fluctuation of 25%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Counter-Strike: PARIVISION vs FaZe - XSE Professional League Playoffs" on Polymarket, the "PARIVISION" option in the sub-market "Map 2 Winner" has experienced significant fluctuations in win probability, soaring from 56% an hour ago to the current 97.5% (a fluctuation of 41.5%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the event "Counter-Strike: B8 vs BIG XSE Professional League Group Stage" on the prediction market Polymarket, the option "B8" in the sub-market "Map 2 Winner" has experienced a dramatic fluctuation in winning probability, dropping from 55.5% an hour ago to the current 11.5% (a fluctuation of 44%). Please note the impact of related breaking news.

BIT (formerly Matrixport) announced the official launch of its U.S. stock margin trading feature, which will be open for public testing starting June 26. BIT is the first platform in the cryptocurrency industry to offer margin trading functionality. Users can now submit margin loan applications through the official website or app. BIT will review applications based on account status and risk management requirements, gradually increasing the margin limits. Additionally, features such as securities lending are also in preparation and will be gradually opened based on regulatory requirements and product progress.During the public testing period, BIT will simultaneously launch the "First Margin Loan · Limited Time Interest-Free" and "Interest Cashback Gift" promotions: Users who use margin trading for the first time during the promotional period will enjoy 30 days of 0% interest on their first loan, allowing users to experience the efficiency of leveraged funds without interest. Elio Cui, head of brokerage services, stated: "BIT is the first to provide margin trading functionality, enhancing the customer journey from account opening, trading to fund leverage. This allows BIT customers to improve investment efficiency and strategically position themselves in the world's most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem."BIT also reminds users that while margin trading enhances the efficiency of fund usage, it also comes with corresponding risks. Users should fully understand margin rules and risk control mechanisms and participate cautiously based on their own risk tolerance.

According to Cointelegraph, CoinShares analyzed quarterly 13F filings and found that professional investors reduced their Bitcoin ETF exposure from 313,000 BTC to 261,000 BTC in the first quarter, a decrease of 52,000 BTC, or 17%. The total value of these holdings fell by 35% to $17.8 billion, while the share of U.S. Bitcoin ETF assets held by 13F filers dropped from 24.7% to 20.8%.The sell-off was mainly concentrated among hedge funds and brokerages, which accounted for about 96% of the total reduction. Hedge funds reduced their holdings by 31,400 BTC (a decrease of 39%), while brokerages cut their holdings by 18,800 BTC (a decrease of 53%). In contrast, the largest category of professional investors—investment advisors (holding 150,300 BTC)—only reduced their holdings by 5.9%. Banks, on the other hand, more than doubled their Bitcoin ETF holdings, increasing by 7,800 BTC during the quarter.CoinShares digital asset analyst Matt Kimmell stated, "This dataset is consistent with the historical performance of the Bitcoin market during downturns, with leverage and strategic positions being cleared."

According to the Securities Times, Xiaohongshu has launched a special governance action for certified professional accounts in the financial sector starting from June 3. Based on relevant laws and regulations as well as platform rules, financial certifications are only issued to institutions holding compliant licenses. The nicknames of certified professional accounts on the platform must strictly match the actual business scope of the certified entity and must not obtain certification marks through false or misleading information. In the past week, Xiaohongshu has dealt with over 1,500 non-compliant financial professional accounts and will continue to comprehensively strengthen the public verification and validation mechanism, conducting regular inspections and handling of existing accounts.Staff introduced that since May, the Xiaohongshu platform has dealt with a total of 31,000 accounts involved in financial sector violations and marketing accounts without financial-related qualifications, including 539 notes and 146 comments related to illegal inducement of cross-border investment issues; 141 related notes regarding the low-priced resale of foreign investment bank research reports, and freezing of 132 related products. In addition, the platform has also handled over 130 pieces of suspected illegal information related to gold financial marketing promotion and domestic promotion of overseas platforms.

Michael Selig, the chairman of the Commodity Futures Trading Commission (CFTC), stated that the regulatory agency is communicating with all major professional sports leagues in the United States to strengthen the regulatory framework for sports-related prediction markets and to prevent insider trading and market manipulation risks.Michael Selig revealed at the FINRA annual meeting in Washington that the CFTC had previously signed a memorandum of understanding for information sharing with Major League Baseball, marking its first formal data collaboration mechanism with a professional sports league.

Ant Group announced that its professional lobster product DTClaw has begun internal testing. Unlike the "ordinary shrimp" currently on the market that can only perform skills such as document organization, meeting minutes, and data collection, DTClaw is positioned as a "professional shrimp" that provides 24/7 online exclusive AI intelligent body services for professionals such as financial experts, marketing experts, and data experts.DTClaw supports hundreds of professional skills, covering high-value scenarios such as wealth management, investment, data analysis, research and development, and testing, and deeply integrates with enterprise office, finance, sales, and marketing systems to achieve workflow automation. Users can deploy it with one click, eliminating the need to start from scratch, which can save 50% of token consumption.

According to Fortune, the crypto venture capital firm Paradigm is developing a prediction market trading terminal aimed at professional traders and market makers, led by partner Arjun Balaji. This project was initiated at the end of 2025.Paradigm is also evaluating whether to establish an internal prediction market making business and is collaborating with researchers to explore the feasibility of creating a prediction market index, which would bundle multiple prediction markets into a tradable product, similar to the S&P 500 index. Paradigm has begun aggregating prediction market data into a public data panel.In addition, Paradigm is a significant supporter of the prediction market Kalshi, having participated in its 2025 Series C funding round and leading a financing round in December that valued Kalshi at $11 billion.

According to the People's Daily, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council recently issued the "Regulations on the Integrity of Leaders of State-owned Enterprises."Article 7 explicitly prohibits leaders of state-owned enterprises from using their power or position to seek personal gain, specifically including: accepting gifts, cash, and virtual currencies from related enterprises; buying and selling real estate and vehicles at unfair prices as a disguised form of receiving property; entrusting others to invest in securities and futures without contributing capital but still benefiting; engaging in power-for-money transactions through anonymous shareholding or holding shares on behalf of others; obtaining large returns through financial activities such as private lending; using insider information or trade secrets for personal gain; embezzling or illegally occupying and misappropriating company property; and pocketing discounts, intermediary fees, and reward returns. Violators will be dealt with according to regulations, discipline, and law.

According to ZDNET, the Korean National Tax Service plans to select a private custody company in the first half of the year to manage seized virtual assets.Previously, the National Tax Service leaked mnemonic phrases when announcing the results of on-site searches of delinquents, leading to the theft of seized virtual assets twice. As a result, it was decided to shift from self-custody to entrusting professional custody companies. The National Tax Service will select custody companies based on criteria such as security requirements, company size, and whether they are insured according to the "Virtual Asset User Protection Act."The relevant work will be handled by the "Virtual Asset Management System Upgrade Task Force," which was established on the 11th of this month. This task force also plans to improve the comprehensive workflow manual for the entire process of seizure, custody, and sale, and to expand professional training. The National Tax Service is also preparing to establish a new "Digital Asset Management Division," which will be responsible for the seizure, custody, sale, and taxation of virtual assets. The head of the task force stated that this is a method mainly adopted by developed countries and will be implemented in the first half of the year after consulting with experts.

According to CoinDesk, Binance's U.S. subsidiary Binance.US has appointed seasoned compliance professional Stephen Gregory as CEO, effective March 9, succeeding Norman Reed, who will remain as an advisor. Gregory has held leadership positions at Currency, Gemini, and CEX.io.Under Gregory's leadership, Binance.US plans to expand its Earn suite, staking services, and products such as DeFi and tokenized asset entry points to attract both crypto-native users and traditional investors.

A bill has been proposed in New York State, USA, aiming to prohibit AI from answering questions in professional fields such as medicine, law, dentistry, nursing, psychology, and engineering.According to relevant interpretations, this action is essentially not about protecting the public, but rather "an industry that charges $500/hour is using politicians to protect its knowledge monopoly." Lawyers do not want users to know that AI can draft contracts in 30 seconds, doctors do not want users to know that AI can interpret blood reports better than residents, and engineers do not want users to know that AI can review your design sketches overnight. The intention behind New York State's proposed ban on AI answering professional questions is not to protect users, but to protect their businesses.

OpenAI announced the release of GPT-5.4 in ChatGPT (in the form of GPT-5.4 Thinking), API, and Codex, marking its most powerful and efficient state-of-the-art model for professional work to date. It also released GPT-5.4 Pro for ChatGPT and API users, designed specifically for those who seek extreme performance on complex tasks.GPT-5.4 integrates OpenAI's recent advancements in reasoning, programming, and agent-based workflows into a single state-of-the-art model, incorporating the industry-leading programming capabilities of GPT-5.3-Codex while improving the model's performance in tools, software environments, and professional tasks involving spreadsheets, presentations, and documents.

According to a report by Hong Kong media Orange News, the President of the Hong Kong Securities and Futures Professionals Association, Chen Zhi-hua, disclosed that the Hong Kong virtual asset industry is facing a sudden "compliance storm." Practitioners in related businesses have reported encountering bewildering regulatory requirements during the application process for virtual asset-related business qualifications. The existing written policy requires an additional 5 hours of Continuing Professional Training (CPT).However, the latest requirements were not issued through formal written documents or public guidelines, but were communicated "quietly" to license upgrade applicants in the form of verbal notifications or individual emails, stating that all responsible officers (RO) for relevant license upgrades, including those who have already obtained upgrade qualifications, must pass a virtual asset regulation exam conducted by a designated single institution. This nearly "invisible" directive undermines the transparency and fairness that regulatory agencies should uphold.Chen Zhi-hua suggested maintaining the original requirement of an additional 5 hours of Continuing Professional Training (CPT) and urged regulatory agencies to immediately suspend the enforcement of exam requirements through invisible policies.

Zhao Changpeng posted on platform X in response to targeted FUD in the community, stating: "Last year, Western competitors bought media to blacken me quite a bit. This year, a major Chinese competitor is spending money to do (black) advertising against us. Other competitors in the Asia-Pacific region are competitive, but they are all relatively professional. The community is divided; how can the price of the coin rise? Focus on building."