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According to Cryptopolitan, Kenya's 2026 Finance Bill proposes a 10% consumption tax on virtual asset service providers, which is double the 5% rate for the gambling industry. The bill also requires crypto companies to pay a one-time licensing fee of 150 million Kenyan Shillings and an annual renewal fee of 2 million Kenyan Shillings before operating in Kenya, and to submit an annual report to the Kenya Revenue Authority containing user and transaction details.Analysts believe this move could force crypto trading platforms and users to relocate their business to countries that are more friendly to cryptocurrencies, undermining Kenya's significance in the African crypto market. Protests led by GenZ have resumed in places like Nairobi, protesting the increased tax burden on digital services, cryptocurrencies, mobile, and financial transactions.

Cryptocurrency analyst Axel Adler Jr. stated that although BTC recently regained the $77,000 level, the net inflow to trading platforms and the continuous outflow from spot ETFs still exert localized selling pressure on the market. Data shows that in the past week, the net inflow of BTC to exchanges was about 18,000 BTC, indicating that more BTC is being transferred to trading platforms in preparation for selling. At the same time, the net outflow from U.S. spot Bitcoin ETFs during the same period was about 16,000 BTC. The combined data creates a potential selling pressure of approximately 34,000 BTC.Glassnode data also shows that the daily trading volume of spot BTC ETFs has fallen below $20 billion, having once exceeded $50 billion by the end of 2025, reflecting a cooling of speculative demand from traditional financial channels. However, market sentiment has recently warmed due to improved expectations for a peace agreement between the U.S. and Iran. BTC quickly rebounded to around $77,800 after dropping below $75,000.Derivatives data indicates that this round of price increase was mainly driven by short covering. The total open interest (OI) of BTC slightly rebounded from about 268,000 BTC to 250,000 BTC, and the funding rate also cooled down, indicating a decrease in the crowding of leveraged long positions. Analysts believe that if BTC wants to further challenge the $80,000 mark, it still needs both spot demand and open interest to grow in sync.

According to the official announcement, Bitget has launched spot trading for United Stables (U) and Solstice (SLX).Among them, the U trading channel is now open, and the withdrawal channel will open on May 26 at 17:00 (UTC+8); the SLX deposit channel is now open, and the trading channel will open on May 25 at 22:00 (UTC+8).

According to the official announcement, Binance Wallet has launched a new feature called EventRush, allowing users to trade tokens representing the outcomes of real-world events such as sports events, cryptocurrency price targets, or news.This feature is supported by the 42.space protocol on the BNB Chain, allowing users to purchase event tokens using USDT on BSC, and they can sell or hold until settlement at any time before the event ends. Winners can share the entire prize pool with no limit on earnings. A service fee is required for each transaction, and a redemption tax must be paid when selling.This feature is available to all verified Binance Wallet users, although it may not be accessible in certain restricted regions.

Binance will remove the following leveraged trading pairs on May 29, 2026, at 14:00: cross-margin leveraged trading pairs COW/USDC, SKL/USDC, COTI/USDC, and isolated margin leveraged trading pair COW/USDC. Users should note that the isolated margin lending business for the relevant trading pairs will be suspended on May 26, 2026, at 14:00, at which time all open orders will be automatically closed and liquidated.

Recently, the technology sector of the US stock market has continued to perform strongly, with AI and semiconductor-related assets consistently attracting market attention, driving the trading enthusiasm for mainstream US stocks to continue to rise. According to Gate's market data, NVIDIA (NVDA) is currently priced at $220.65, up 1.93% in 24 hours, with a 24-hour trading volume of $26.2318 million for related USDT perpetual contracts; Micron Technology (MU) is currently priced at $788.22, up 1.68% in 24 hours, with a 24-hour trading volume of $11.6861 million for related USDT perpetual contracts, and the trading activity is among the top in the industry.As global demand for traditional asset allocation such as US stocks continues to grow, Gate is continuously bridging the gap between cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading global mainstream assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and flexibility in capital usage.Currently, Gate has launched over 130 US stock-related perpetual contract targets, as well as over 430 CFD contract targets, and continues to expand its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.

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 DefiLlama data, the 24-hour trading volume of DEX on the Base chain reached $1.217 billion, surpassing the 24-hour trading volume of DEX on the Solana chain ($1.193 billion), ranking first.

According to on-chain analyst Yu Jin's analysis, WLFI has spent over $115 million in 4 months (in the form of WLFI) to expand the market for USD1, including USD1 interest rate subsidies on CEX (such as Binance, Bybit), activity subsidies on Aster, and interest rate subsidies on on-chain lending platforms (Dolomite), among others.On this basis, the scale of USD1 has increased by 50% (from $3.137 billion to $4.76 billion), rising from 7th to 4th place among dollar stablecoins, surpassing USDe and PYUSD, and now only behind USDT, USDC, and DAI. The trading volume of USD1 has increased tenfold, from an average daily trading volume of $200 million before the subsidies to the current average daily trading volume of $2 billion. Benefiting from the subsidies, users are attracted to hold and trade USD1, and there is support for USD1 as margin trading on CEX and Perp DEX.

According to CoinDesk, the U.S. House Oversight Committee plans to investigate prediction market platforms due to concerns that U.S. government employees may exploit insider information to profit from policy and national security events. James Comer, the chairman of the House Oversight and Government Reform Committee and a Republican congressman from Kentucky, stated on CNBC's "Squawk Box" that he is seeking internal records from the CEOs of Polymarket and Kalshi to determine whether government employees are profiting from insider information related to policy, geopolitical, and military actions, and indicated that he may push for legislation to prohibit members of Congress, government officials, and other government employees from participating in prediction markets.This investigation comes at a time when prediction markets are rapidly developing, and there is increasing scrutiny from both parties in Congress. Legislators and experts warn that this burgeoning industry poses national security risks, potential insider trading, and gambling issues.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has delayed a broad exemption plan for U.S. cryptocurrency companies to trade tokenized assets. Sources say that SEC staff originally planned to release the so-called "innovation exemption" as early as this week, allowing relevant institutions to advance trading of tokenized assets linked to U.S. stocks under certain conditions. The report states that the draft plan has been drafted and reviewed by SEC staff.

Solayer Labs announced the official launch of its Solana native perpetual trading platform Margin Trade public testnet.Margin Trade was jointly developed by the Solayer Labs team and former traders from Citadel and Kraken, adopting a unified margin model that supports trading multiple assets such as cryptocurrencies, commodities (gold, silver, crude oil), and stock indices (MT500) in a single chain environment.In addition, Solayer will gradually launch individual stocks and volatility products, and plans to introduce trading competitions, rankings, and incentive activities.

According to CNBC, James Comer, the chairman of the House Oversight and Government Reform Committee, has launched an investigation into the prediction market platforms Kalshi and Polymarket, requesting both companies to explain their measures to prevent insider trading, including identity verification, geographic restriction enforcement, and abnormal trading monitoring mechanisms. Comer stated that internal records of the relevant platforms are key evidence for identifying improper traders and determining whether the platforms fulfill their legal obligations.Previously, Polymarket was reported to have suspicious trading related to U.S. events concerning Iran and Venezuela; Kalshi had also suspended the accounts of three congressional candidates who were betting on their own election results on the platform. Comer has requested both companies to submit relevant documents by June 5.

According to the official announcement, Binance has announced that the trading of GeniusTerminal (GENIUS) and OpenGradient (OPG), originally scheduled to open on May 22, 2026, at 19:00 (UTC+8), will be postponed to start at 20:00 (UTC+8).

According to Jinshi News, Interactive Brokers' U.S. stocks rose over 8% before the market opened.

OKX will launch AI/USDT (Gensyn) spot trading on May 22 at 18:00. Users can place advance orders from 17:00 to 18:00 on the same day. The deposit time is 15:30, and the withdrawal time is 20:00 for the Gensyn network and 20:00 on June 8 for the ERC20 network.

OKX will launch AI/USDⓈ spot trading on May 22, 2026, at 19:00, to support the development of the USDⓈ ecosystem and meet users' diverse trading needs.

According to the latest report from BlockBeats, as the demand for trading traditional financial assets increases among crypto users, Gate is accelerating the evolution of its crypto trading platform into a multi-asset comprehensive financial platform through the "Unified Account" system. Users can trade and allocate five major types of assets within the Gate App, including CFD contracts, perpetual contracts, spot tokens, Pre-IPOs, and crypto assets, further reducing the barriers to cross-platform capital allocation and trading.The report points out that Gate has currently built a unified margin system around TradFi and on-chain assets. Users can conduct cross-product trading through a single USDT account, enhancing capital efficiency. As of May 2026, Gate has launched over 440 CFD targets, covering asset classes such as foreign exchange, metals, global stock indices, popular stocks, and commodities, while maintaining a high frequency of new listings. Additionally, Gate has partnered with platforms like Ondo and xStocks to launch over 75 tokenized stock targets, supporting 24-hour trading of on-chain metal assets such as gold and silver, continuously expanding its layout in the tokenized stock and RWA market.Furthermore, Gate recently launched the SpaceX Pre-IPO project SPCX, with applications for purchasing shares exceeding $353 million within 24 hours, reflecting the rapidly growing market demand for on-chain Pre-IPO asset allocation. In the future, Gate will continue to promote the layout of the next-generation comprehensive financial platform around the unified account, on-chain infrastructure, and global liquidity network.

According to Gate platform data, gold (XAU) reached a maximum of $4561.69 and a minimum of $4495.52 in 24 hours; silver (XAG) reached a maximum of $77.20 and a minimum of $74.55 in 24 hours. The metal market has experienced a short-term correction, maintaining overall high volatility, which has driven active trading. According to CoinGlass data, the 24-hour trading volume for Gate XAU contracts reached $171 million, with a current open interest of $136 million; the 24-hour trading volume for XAG contracts reached $190 million, with an open interest of $108 million, both ranking among the industry's top.Gate pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users higher strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

HashKey Capital's fund announced the completion of a $40 million strategic investment in the options trading platform SignalPlus, which includes a $20 million cash contribution from HashKey Group.It is reported that SignalPlus focuses on options trading systems, automated market making, and structured product solutions, and is a leading institutional-grade crypto derivatives platform in Asia, holding a significant share in the mainstream options market. This round of investment is a continued commitment from HashKey Capital since SignalPlus's seed round financing, and both parties will deepen their strategic cooperation to jointly promote product innovation and global institutional business expansion.