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According to BBX data, last weekend Japan's largest financial group completed the most important cryptocurrency acquisition, and U.S. bipartisan senators launched a new regulatory offensive against prediction market platforms. The core developments are as follows:SBI Holdings, Inc. (Tokyo Stock Exchange: 8473) announced the acquisition of the Japanese cryptocurrency exchange Bitbank (privately held) for approximately $289 million. After the transaction is completed, SBI's cryptocurrency business will surpass all competitors, creating Japan's largest cryptocurrency exchange. SBI Holdings is one of Japan's largest independent financial services groups, already owning cryptocurrency-friendly network bank SBI Shinsei Bank, cryptocurrency asset custodian SBI Digital Asset Holdings, and multiple Bitcoin mining and cryptocurrency venture capital investments. Bitbank is one of Japan's largest spot BTC exchanges and holds an official cryptocurrency exchange license from the Financial Services Agency (FSA) of Japan. This acquisition marks a shift for traditional Japanese financial institutions from "strategic trial" in the cryptocurrency sector to "scale acquisition dominance," alongside the joint stablecoin plan of the three major banks: Mitsubishi UFJ ($MUFG), Sumitomo Mitsui ($SMFG), and Mizuho ($MFG) (targeting March 2027), forming the most intensive wave of cryptocurrency layout in Japan's financial industry by 2026.U.S. Senators John Curtis (Republican, Utah) and Adam Schiff (Democrat, California) reported on June 28 that they jointly sent a letter to the CFTC, urging it to conduct a formal investigation into the prediction market platform Polymarket (privately held), citing a "concerning" investigative report regarding Polymarket's "deceptive marketing" practices, which accused it of systematic misleading in user acquisition and risk disclosure. This is the third regulatory offensive against prediction market platforms initiated by Congress this year (previously, the House Oversight Committee launched an insider trading investigation on May 22); the two senators come from different parties, which is significant. For Robinhood Markets, Inc. (NASDAQ: $HOOD), this investigation poses indirect pressure—Robinhood's prediction market/event contract business (which achieved a record daily trading volume in June) faces the same regulatory qualitative disputes as Polymarket; however, Robinhood's defensive advantage lies in its ongoing application for a CFTC Designated Contract Market (DCM) license, providing a clearer compliance path compared to Polymarket.

According to token unlocking data from the crypto asset data platform RootData, Block Street (BSB) will unlock approximately 6.26 million tokens at 0:00 Beijing time on July 4th, worth about 1.94 million USD.

According to Jinshi reports, Federal Reserve's Goolsbee stated that if the rise in core CPI is driven by the service sector, it would concern me more than if it were driven by goods or oil-related items.

According to Jinshi reports, Federal Reserve's Goolsbee stated that there are some hopeful signs of inflation in the service industry.

According to Jinshi, Federal Reserve's Goolsbee stated that in a world where the productivity gains brought by artificial intelligence are factored into stock prices and lead people to consume based on that, the economy may experience overheating.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the task regarding inflation is clearly the issue.

According to Nikkei News, SBI Group announced the acquisition of the Japanese cryptocurrency exchange Bitbank for 46.7 billion yen (approximately 289 million USD). Through this acquisition, SBI's cryptocurrency custody balance is expected to exceed 1 trillion yen (about 6.2 billion USD), making it the largest cryptocurrency business in Japan. A subsidiary of SBI Holdings will acquire shares of Bitbank from individual shareholders, including the founders, in August, and then Bitbank will acquire shares held by existing shareholders Mixi and Ceres by the end of October. Combining the account data from SBI VC Trade (as of April), the total number of accounts after the merger is approximately 2.92 million, with total managed assets of about 1.1 trillion yen. SBI Holdings disclosed in May that it is negotiating capital business cooperation for the subsidiary status of Bitbank.

Japan's financial group SBI Holdings announced the official issuance of the yen stablecoin JPYSC, with the first issuance completed. This stablecoin is managed by SBI Shinsei Trust Bank for reserve asset management, while the licensed cryptocurrency trading platform SBI VC Trade is responsible for circulation and distribution. SBI stated that JPYSC is Japan's first yen stablecoin managed by a trust bank and is also the first to be recognized as a "similar product to electronic payment means" under the Payment Services Act. Unlike the previously launched fund transfer-type stablecoins in Japan, JPYSC is not subject to a single transaction and account balance limit of 1 million yen.SBI expects that JPYSC will attract retail and institutional users with lower transaction costs and the ability to support large transactions, and it can serve as the yen-based asset for on-chain foreign exchange markets, institutional lending, and RWA (real-world asset) tokenized settlements. Currently, JPYSC is only available to SBI VC Trade account holders, with plans to expand its usage after regulatory and tax frameworks are further clarified. SBI also plans to launch JPYSC lending services.In recent years, Japan has been continuously promoting compliant stablecoins to integrate into the mainstream financial system. Following the approval of JPYC in 2025 as Japan's first legally recognized yen stablecoin, Japan's three major banks—Mitsubishi UFJ Bank (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank—are also jointly advancing stablecoin projects, with plans to launch commercial trading in the fiscal year 2026.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Seattle Mariners vs. Pittsburgh Pirates," the "Over" option in the sub-market "O/U 7.5" has experienced a dramatic fluctuation in winning probability, plummeting from 51.5% an hour ago to the current 25.5% (a fluctuation of 26%). Please note the impact of related breaking news.

According to the Nikkei, the SBI Group has obtained approval from the Financial Services Agency of Japan and plans to issue a yen-pegged stablecoin, JPYSC, within this week, becoming the first trust-type stablecoin in Japan.The stablecoin is issued by SBI Shinsei Trust Bank, with SBIVC Trade responsible for trading, and it is jointly developed with Singapore fintech company Startale Group. The SBI Group plans to deeply integrate JPYSC with its financial services, including securities, crypto assets, and banking, to enhance user convenience.

According to Jinshi, Federal Reserve's Goolsbee stated that Federal Reserve Chairman Waller's approach is to reduce speculation on interest rates and decrease forward guidance, and he expressed considerable agreement with this approach.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the market remains stable, but the inflation level is far above the target, and the trend is unfavorable.

According to Jinshi reports, Federal Reserve's Goolsbee stated that we have not yet experienced stagflation shocks, and the labor market has remained stable.

According to Jinshi reports, Federal Reserve's Goolsbee stated that evidence is needed to prove that this inflation is temporary, while also pointing out that inflation in the service sector is slightly concerning.

According to CoinPost, SBI Holdings completed a strategic investment in the global stablecoin payment and cryptocurrency trading platform Fasset in May 2026, and announced that its international remittance subsidiary SBI Remit signed a Memorandum of Understanding (MoU) with Fasset. Both parties will jointly build a next-generation international remittance infrastructure based on stablecoin technology.Fasset is a digital bank focused on the Asian, Middle Eastern, and African markets, providing stablecoin settlement, remittance, and investment services through its own payment network "Own Network." It currently covers 125 countries and regions and has over 2 million users. The company completed a $51 million Series B financing in the same month, with investors including SBI Group, Bahrain asset management company Investcorp, and Turkey's Arz Portföy, among others.

JustLend DAO officially launched SBM V2 (Supply and Lending Market V2), introducing an innovative independent collateral lending protocol that adopts a dual-layer architecture of treasury and market, and introduces an adaptive curve interest rate model. In the new architecture, the treasury is responsible for aggregating liquidity, while the market supports independent lending and bears its own risk exposure, achieving risk isolation; the borrowing interest rate is dynamically adjusted based on capital utilization, with each market operating independently to effectively prevent cross-market risk contagion. This upgrade significantly enhances the protocol's risk management capabilities and capital efficiency, further strengthening the security and flexibility in multi-asset independent lending scenarios.

JustLend DAO officially launched SBM V2 (Supply and Lending Market V2), introducing an innovative independent collateral lending protocol that adopts a dual-layer architecture of treasury and market, and introduces an adaptive curve interest rate model.In the new architecture, the treasury is responsible for aggregating liquidity, while the market supports independent lending and bears its own risk exposure, achieving risk isolation; the borrowing interest rate is dynamically adjusted based on capital utilization, with each market operating independently to effectively prevent cross-market risk contagion.This upgrade significantly enhances the protocol's risk management capabilities and capital efficiency, further strengthening the security and flexibility in multi-asset independent lending scenarios.

According to the official announcement, Bitget stock derivatives have now launched for 10 underlying assets including FLNC (Fluence Energy), CGNX (Cognex), SMH (VanEck Semiconductor ETF), ROK (Rockwell Automation), ISRG (Intuitive Surgical), covering popular sectors such as energy storage, industrial automation, semiconductors, and medical technology.

According to a lengthy report by New York Magazine, FTX founder Sam Bankman-Fried (34 years old) is currently serving his sentence in a federal prison in Lompoc, California, taking Adderall and Emsam daily for clinical depression and ADHD. SBF continues to write a serialized memoir titled "Manfred," which he sends to a few close friends and family through the prison mail system. He does not eat in the cafeteria due to his commitment to vegetarianism and instead purchases ingredients from the commissary to prepare his meals, compiling a "Vegetarian Prison Cookbook."SBF spent about $135 to buy a prison tablet and has played the same game approximately 6,000 times. According to fellow inmate David Bunevacz, SBF has expressed that he will need $50 million to $100 million in startup capital to establish a business after his release, stating that he will "issue his own new token, and everyone will flock to it," but Bunevacz added that "he might be joking." SBF officially submitted a presidential pardon application on June 8, and his appeal was rejected on June 12, with his chances of receiving a pardon on Polymarket at about 14%.

According to monitoring by Catcher Predict, in the predicted market event "Pittsburgh Pirates vs. Athletics" on Polymarket, the "Athletics" option in the sub-market "Spread -4.5" experienced significant fluctuations in winning probability, soaring from 35.5% an hour ago to the current 64.5% (a fluctuation of 29%). Please note the impact of related breaking news.