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The Shanghai Stock Exchange Listing Review Committee held its 31st listing review meeting of 2026. The review results indicate that Yushu Technology Co., Ltd.'s initial public offering meets the issuance conditions, listing conditions, and information disclosure requirements.

According to PRNewswire, the stablecoin issuer Paxos announced that its subsidiary Paxos Securities Settlement Company, LLC (PSSC) has received approval from the U.S. Securities and Exchange Commission (SEC) to officially register as a clearing agency, providing securities clearing and settlement services under the Securities Exchange Act.It is reported that this registration makes PSSC the first blockchain-native approved registered clearing agency in the United States, capable of providing clearing and settlement services as a Central Securities Depository (CSD) for qualified securities transactions.

Aave Labs' UK subsidiaries Push Labs Ltd and Push Virtual Assets Ltd have been approved by the UK's Financial Conduct Authority (FCA) to register as local cryptocurrency trading service providers. Aave stated that these licenses allow Push to conduct regulated cryptocurrency and payment-related businesses in the UK.In addition to cryptocurrency registration, Push has also been approved to issue electronic money under electronic money regulations. The two companies have been assigned FCA registration numbers 1031720 and 1031721, with anti-money laundering regulations applicable under the "2017 Anti-Money Laundering and Transfer of Funds Regulations."

According to CriptoNoticias, the Legislative Assembly of Costa Rica unanimously passed Amendment No. 7786, which establishes specific obligations for virtual asset service providers regarding anti-money laundering, counter-terrorism financing, and the proliferation of weapons of mass destruction. This bill responds to the warning from the Financial Action Task Force in 2024 that Costa Rica could be placed on a gray list if it does not fill regulatory gaps.The new law requires virtual asset service providers to register with the General Superintendency of Financial Institutions and fulfill obligations such as customer identification, due diligence, transaction record keeping, and reporting suspicious transactions. Violations can result in fines ranging from 5% to 50% of the transaction amount, or from $1,800 to $90,000. The law will take effect three months after its publication, with its specific effectiveness depending on the enforcement by regulatory agencies.

The Heima team has officially submitted an on-chain proposal to burn 16.5 million HEI tokens from the ecological allocation. This proposal has passed the council vote and will enter the community voting phase in two days, during which community members can participate directly in the voting.The Heima team stated that they will focus on transparency and continue to build long-term value for the ecosystem.

According to the announcement from the Shanghai Stock Exchange, Changxin Technology's IPO on the Sci-Tech Innovation Board has been approved by the listing committee meeting. It is reported that Changxin Technology is a leading DRAM memory chip company in China.

According to AdaStat data, the Cardano Developer Experience Initiative has been officially approved through treasury voting. The proposal for treasury withdrawal requests related to developer tools and onboarding received 67.90% of the votes in favor, with approximately 3.72 billion ADA voting in support, while the opposition accounted for about 1.76 billion ADA, resulting in an opposition rate of 32.10%.The proposal is supported by IO Global, and following the approval of the vote, the related ecological development work will officially advance. This governance vote coincides with Cardano founder Charles Hoskinson publicly focusing on advancing ADA and the privacy blockchain platform Midnight.

According to official news, WonderFi announced on Monday that the Canadian investment regulatory organization has approved Robinhood's acquisition of the digital asset products and services company WonderFi. Robinhood has stated that this transaction will help deepen its ability to offer programmable financial products. Robinhood's accessible, low-cost, and secure platform will continue WonderFi's mission of making it easier for millions of Canadians to engage in crypto trading.WonderFi's technology and products, including Bitbuy and Coinsquare, are highly compatible with Robinhood Crypto, covering crypto trading, staking, and custody. The transaction was originally scheduled to be completed in the second half of last year, but both parties later extended the closing date to June 1 of this year to give Robinhood more time to deploy its proprietary technology in Canada and obtain regulatory approval. As reported by PYMNTS last year, this transaction closely follows Robinhood's acquisition of the crypto exchange Bitstamp in 2025 and is interconnected with that acquisition.

According to BBX data, the pressure from market regulation suddenly intensified over the weekend, and institutional-level crypto derivatives product lines expanded simultaneously. The core dynamics are as follows:On May 22, James Comer (Republican, Kentucky), Chairman of the House Oversight and Government Reform Committee, officially issued investigation letters to Kalshi (privately held) and Polymarket (privately held), initiating a formal congressional investigation into insider trading on prediction market platforms. The investigation focuses on two suspicious bets: one betting on the early capture of Venezuelan President Maduro, and another betting on the direction of the Iranian conflict. Both transactions recorded unusually large amounts just hours before the related events were made public. According to media reports, the Wisconsin Attorney General has recently listed Robinhood Markets, Inc. (NASDAQ: $HOOD), along with Kalshi, Polymarket, and Crypto.com, as defendants, accusing them of providing unlicensed sports betting services in Wisconsin. This is the latest escalation of the prediction market facing legal challenges in 13 states to congressional scrutiny. Both Kalshi and Polymarket stated their willingness to cooperate with the committee's investigation, asserting that their platforms have robust anti-insider trading mechanisms.On May 23, the U.S. Securities and Exchange Commission (SEC) officially approved a proposal submitted by Nasdaq, Inc. (NASDAQ: $NDAQ) to launch cash-settled Bitcoin index options on its Philadelphia Stock Exchange, which does not involve physical delivery of Bitcoin. This product will allow institutional investors to hedge or invest in Bitcoin price fluctuations through standardized options contracts, filling a market gap for cash-settled Bitcoin index derivatives on regulated exchanges in the U.S. The timing of the approval coincided with significant fluctuations in Bitcoin over the week (with a low of $74,500 and a high rebound to $77,800), reflecting the accelerating release of genuine demand for volatility management tools in the market.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has approved index options based on Bitcoin prices to be listed on Nasdaq. This indicates that Wall Street is further integrating with the digital asset market.This product will provide U.S. stock traders with another way to bet on Bitcoin price movements, in addition to options on iShares Bitcoin Trust ETF and similar funds.

Institutions such as Anchorpoint Financial, OSL Group, and PantherTrade have successfully completed Hong Kong's first approved stablecoin HKDAP's initial end-to-end financial transaction on the Ethereum public blockchain. This digital asset operates under the supervision of the Hong Kong Monetary Authority.The technical execution was jointly completed by Anchorpoint Financial, a fintech company supported by Standard Chartered Hong Kong, and digital brokers OSL Group and PantherTrade. In this blockchain test, participants directly converted traditional physical Hong Kong dollars into reserve assets, triggering the minting of on-chain digital balances, and after the transaction was completed, exchanged the tokens back to fiat bank balances through a redemption agreement.Standard Chartered provided the custody framework and trust services for this. The stablecoin is scheduled to begin phased public issuance by the end of the second quarter of this year.

According to Jin Shi reports, ECB Governing Council member Kocher stated that if the situation of the Iran war does not improve, an interest rate hike is expected in June.

According to Bits.media, the Russian government's legislative committee has approved a proposal to ban cryptocurrency mining in the border areas of Kursk Oblast. The ban affects eight regions and the city of Lgov. The governor stated that this move was made at the request of resource supply organizations, as residents in nine border regions are exempt from paying public utility fees, including electricity costs, and establishing mining facilities would impose a financial burden on the federal budget. The ban aims to prevent exacerbated energy shortages due to attacks by the Ukrainian armed forces and difficulties in restoring infrastructure. The governor did not announce a specific implementation date but indicated that the ban might be lifted if conditions improve in the future. There have been previous reports that the mining ban could extend to the entire Central Russia region.

Vitalik Buterin published an article discussing the application prospects of Formal Verification in the field of blockchain security.The article points out that a new paradigm is emerging in Ethereum's cutting-edge research and development, where code is directly written using EVM bytecode, assembly, or Lean, and its correctness is verified using automatically checkable mathematical proofs in Lean. Researcher Yoichi Hirai refers to this paradigm as "the ultimate form of software development."Vitalik believes that AI-assisted formal verification is expected to enhance both code efficiency and security, particularly suitable for security core modules such as STARK, ZK-EVM, quantum-resistant signatures, and consensus algorithms.The article also emphasizes that formal verification is not a panacea and may still fail due to issues such as incomplete proof coverage, specification errors, and hardware side channels; in the future, software may differentiate into "security cores" and "non-security edges," with Ethereum becoming one of the important security cores.

According to Jinshi News, S&P 500 futures have shown signs of turning upward, and market sentiment has improved.

According to Gate market data, Nasdaq 100 index futures have turned positive, indicating signs of a recovery in market sentiment.

According to the Korea Herald, a South Korean court partially approved Samsung Electronics' request for an injunction against the union's planned strike. Samsung turned from a decline to an increase, and the South Korean KOSPI index turned positive, reversing a previous decline of 4.68%.

According to Sina Finance, multiple informed sources have revealed that the majority of SpaceX shareholders have voted to approve the board's proposal for a 1-for-5 stock split for this private company, while converting all Class C common stock into Class A common stock. This plan officially took effect automatically on May 4, 2026, local time.Informed sources stated that shareholders have received email notifications, and after the stock split is completed, the fair market price per share will be adjusted from the previous $526.59 to approximately $105.32.SpaceX emphasized in the notification that this stock split aims to proportionally adjust the price per share and increase the number of shares held by shareholders, without changing the overall value of the company or the total value of the shares held by shareholders.

According to The Block, JPMorgan analysts have stated that despite the overall recovery of the cryptocurrency market following the Iran conflict, Ethereum and altcoins continue to underperform Bitcoin. The analysts believe that unless there is a substantial improvement in network activity, DeFi, and real-world applications, this trend that began in 2023 is unlikely to change.The analysts pointed out that the spot Bitcoin ETF has recovered about two-thirds of the previously withdrawn funds, while the spot Ethereum ETF has only recovered about one-third. CME futures positions indicate that institutions are rebuilding their Bitcoin exposure more aggressively than Ethereum, with Bitcoin futures positions nearly fully restored, while Ethereum futures positions remain below previous levels.The analysts also questioned whether the upcoming Ethereum upgrade could effectively boost network activity. They noted that upgrades over the past three years have primarily reduced Layer 2 transaction costs, leading to lower Ethereum network fees, a weakened token burn mechanism, and accelerated net supply growth, which has undermined ETH's price support.Regarding altcoins, the analysts pointed out that poor liquidity, insufficient market depth, limited growth in DeFi activity, and repeated hacking incidents have eroded confidence and hindered the allocation of new capital.