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According to The Block, the Office of Information and Regulatory Affairs (OIRA) under the Office of Management and Budget of the White House stated on its website on Tuesday that it has received the proposed rules for prediction markets submitted by the Commodity Futures Trading Commission (CFTC) and is currently under review. A CFTC spokesperson stated that more information will be released after the OIRA review is completed.CFTC Chairman Michael Selig has consistently argued that prediction markets fall under the "exclusive jurisdiction" of his agency and has filed lawsuits against five states, including Wisconsin, Illinois, Arizona, Connecticut, and New York. Trump publicly supported Selig on Tuesday, stating that the CFTC's exclusive jurisdiction over prediction markets is "critical."

Ju.com’s official Chinese account has issued a notice stating that to cooperate with the financial audit of the group’s listing entity, the platform will initiate a special compliance review to enhance the transparency of fund management and the security of accounts.The notice requires users to promptly supplement or update KYC compliance materials according to the prompts on the page. Withdrawals can only be requested after submission and approval. The platform indicated that the withdrawal process is expected to return to normal after the completion of the financial audit.

According to Jinshi reports, the Shanghai Stock Exchange Listing Review Committee is scheduled to hold the 31st listing review committee meeting of 2026 on June 1, 2026, to review the initial public offering of Yushu Technology Co., Ltd.

A petition in South Korea calling for the abolition of a 22% tax on cryptocurrency investment gains has reached the threshold of 50,000 signatures and will be reviewed by the National Assembly's Finance and Economy Planning Committee. This tax rate is set to take effect in January 2027. The petitioners argue that this tax system imposes financial and reporting burdens on investors while limiting upward mobility opportunities for young people who have been excluded from the housing market due to soaring property prices.The petitioners point out that imposing a 22% tax rate on cryptocurrency gains while offering more favorable tax treatment to other asset classes will weaken South Korea's share in the cryptocurrency market. They warn that forcibly imposing short-term taxes could lead to industry shrinkage and the outflow of capital and talent in the long run.Approximately 32% of South Korea's population holds cryptocurrency, but the market is contracting. The total value of cryptocurrency assets held by South Koreans has decreased from about 121.8 trillion won in January 2025 to about 60.6 trillion won in February 2026, and the daily trading volume of the five major exchanges has dropped from $11.6 billion in December 2024 to $3 billion in February.

In response to the unauthorized access event of the internal code repository disclosed by GitHub, Zhao Changpeng reminded, "If the code contains an API Key, even if it is in a private repository, it should be reviewed and replaced immediately."

According to the Wall Street Journal, the Commodity Futures Trading Commission (CFTC) is reviewing the surge in crude oil futures trading that occurred before Trump postponed action against Iran in March, and the CFTC has expressed concern about at least three companies.

On Tuesday local time, U.S. President Trump signed an executive order requiring the federal government and the Federal Reserve to review the existing regulatory framework to promote deeper integration of digital assets and financial technology into traditional financial services and payment systems. The executive order mandates U.S. financial regulators to review current rules within the next three months and identify any "unreasonable barriers" to cooperation between fintech companies and federally regulated financial institutions. Within six months, regulators must also take measures to encourage financial innovation. Among other things, the order specifically requires the Federal Reserve to reassess the eligibility of uninsured deposit institutions and non-bank financial companies for payment accounts and payment services.The document also requests the 12 regional Federal Reserve Banks to study whether they can independently open payment accounts to relevant institutions without relying on the approval of the Federal Reserve Board. Analysts believe this policy may benefit special purpose deposit institutions in Wyoming and similar structures for cryptocurrency companies. Previously, Kraken's Wyoming SPDI had obtained a limited version of "master account" authority from the Kansas Federal Reserve, and other cryptocurrency institutions are also seeking similar qualifications. Reports indicate that the Federal Reserve is currently also studying a more formal "streamlined master account" mechanism and had announced related proposals last December.

According to iNews24, the Financial Services Commission (FSC) of South Korea is reviewing whether Hana Bank's acquisition of Dunamu shares violates the "separation of finance and virtual assets" regulatory rules. The virtual assets department of the Financial Services Commission stated that Hana Bank indirectly holds shares in Dunamu through its acquisition of Kakao Investment shares, which is essentially an investment in a virtual asset exchange and will be examined under the same standards.Since 2017, the South Korean government has prohibited financial institutions from holding, purchasing virtual assets, or making equity investments through administrative guidance. If a violation occurs, Hana Bank may not be able to complete the transaction. Future Asset Consulting is advancing the acquisition of Kobit's operating rights, and Korea Investment & Securities is also taking a cautious approach. Hana Bank previously announced the acquisition of a 6.55% stake in Dunamu but did not consult with the authorities beforehand.Currently, the "separation of finance and virtual assets" regulation has not yet been codified into law, and it is uncertain whether related provisions will be included in the digital asset bill. Legislative discussions may advance after the National Assembly reconvenes in September at the earliest.

The U.S. Senate Banking Committee is currently holding a key hearing on the Digital Asset Market Clarity Act (referred to as the Clarity Act), where the committee will discuss and vote on dozens of amendments and decide whether to advance the bill to the full Senate for consideration. The bill aims to clarify the regulatory authority of the SEC and CFTC over digital assets and establish a regulatory framework for the cryptocurrency market structure.During the meeting, Senator Cynthia Lummis stated that the Clarity Act is "one of the most challenging pieces of legislation" she has participated in, noting that the bill has undergone long-term bipartisan negotiations and involves issues such as stablecoin yields, anti-money laundering, and enforcement authority. Elizabeth Warren, on the other hand, stated that the bill is "not ready" and criticized it for having loopholes in anti-money laundering and sanctions enforcement. Additionally, the committee passed an amendment regarding an AI regulatory sandbox by a vote of 15 to 9, while Warren's proposed amendment concerning the sanctions authority over mixers like Tornado Cash was not passed, with a vote of 11 to 13.In the market, Bitcoin briefly surpassed $81,000 during the meeting, and the S&P 500 index also reached a historic high.

The UK Parliament's Standards Commissioner is investigating UK MP and leader of the Reform Party, Nigel Farage, due to allegations of failing to declare a £5 million (approximately $6.7 million) personal donation from Tether investor Christopher Harborne. Christopher Harborne holds a 12% stake in Tether. Nigel Farage stated that the donation was received in 2024 before he announced his candidacy, intended for personal security, and therefore he had no obligation to declare it. According to the House of Commons Code of Conduct, new MPs must register any benefits received in the previous 12 months after being elected. If found in violation, Nigel Farage could face penalties such as an apology, suspension, or expulsion from Parliament.

David Sacks posted on the X platform that tomorrow's review of the Digital Asset Market Clarity Act (CLARITY Act) is an important step in promoting the United States as the "global crypto capital" and maintaining its leadership in innovation.David Sacks expressed gratitude to Senate Banking Committee Chairman Tim Scott and the relevant committees for their efforts in compromising and advancing the bill, as well as to White House crypto advisor Patrick Witt and the support from the crypto industry. He noted that currently, about 50 million people in the United States hold or use cryptocurrency, and this bill will help ensure the continued innovation and development of the U.S. crypto ecosystem in the coming years.

According to crypto journalist Eleanor Terrett, on the eve of the U.S. Senate Banking Committee's review of the "Clarity Act," committee members submitted over 100 amendments last night. The DeFi advocacy organization @fund_defi characterized some of these amendments as "anti-DeFi amendments," believing they would harm the rights of DeFi technology, users, and developers, and called on supporters to urgently lobby senators to oppose them.It is reported that the aforementioned amendments were jointly proposed by Democratic senators Cortez Masto, Andy Kim, Chris Van Hollen, Warren, and Jack Reed, targeting the core DeFi protection provisions in the bill, including the Blockchain Regulatory Certainty Act (BRCA), non-controlling software developer protections, DeFi front-end protections, tokenization provisions, and proposed expansions of BSA/AML compliance obligations for developers and digital asset businesses.

The Speaker of the Polish Sejm, Włodzimierz Czarzasty, announced that the parliament has officially begun reviewing four competing regulatory bills for crypto assets, following President Karol Nawrocki's veto of related legislation twice. This review involves multiple legislative proposals from the government, the presidential office, the Poland 2050 party, and the Confederation party, with a second reading vote expected to take place on Thursday. The core disagreement centers on the scope of the Polish Financial Supervision Authority (KNF) regarding account freezing powers and the maximum penalties for violations. The presidential draft sets the maximum fine at approximately 20 million zlotys (about 5.5 million USD), while the Ministry of Finance's version raises it to 25 million zlotys (about 6.9 million USD).Meanwhile, the opposition Law and Justice party (PiS), after withdrawing support for earlier regulatory proposals, submitted a separate bill on Monday advocating for a complete ban on crypto asset-related activities in Poland, further complicating the regulatory discussion. Speaker Czarzasty stated that the PiS ban draft will enter the review process only after the four main regulatory bills are completed and questioned the connection between crypto industry funding and political activities, specifically inquiring about potential political financing issues, including those involving zondacrypto.

The Sun Wukong Ecology announced that it will hold an in-depth roundtable discussion on May 12 at 20:00 on the X platform, with the theme "B.AI User Scale and Ecological Expansion Acceleration, Will AI Transfer Stations Become Core Infrastructure in the Agent Era?"It is reported that this event will focus on the critical stage of the AI industry’s transformation towards "application efficiency and entry competition." Guests will discuss the competitive landscape of entry points against the backdrop of tool fragmentation, analyze the logic of the explosion of AI Agents combined with Crypto and stablecoin settlement systems, and engage in in-depth exchanges on how B.AI builds the next generation of AI infrastructure networks through multi-model scheduling, Agent payments, on-chain identity, and automated collaboration.