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According to Money Today, the Financial Services Commission of South Korea will announce detailed rules for tokenized securities in July, preparing for implementation in February next year. The country's financial authorities will allow the issuance of fragmented investment securities by bundling various underlying assets and will develop a roadmap for the tokenization of traditional securities such as stocks and bonds.The Financial Services Commission stated that previously it was prohibited to bundle underlying assets for the issuance of fragmented securities, but now it plans to allow bundling of similar assets within a certain scope. The Commission emphasized that market order and investor protection are fundamental prerequisites, but regulation will not be the primary focus. The annual investment limit for fragmented investment securities issuance platforms is set at 10 million to 20 million Korean won, with crowdfunding limited to 5 million won per project, totaling 10 million won. The annual selling limit for over-the-counter trading of non-listed stocks is 300 million won, while for investment contract securities in over-the-counter trading, it is 40 million won.

According to official news, Gate Europe CEO Giovanni Cunti attended the Digital Assets Forum 2026 held in Malta on May 14 and participated in a roundtable discussion titled "Do We Need a MiCA 2.0? The Industry's Perspective," alongside OKX CEO Erald Ghoos, Crypto.com Executive Vice President Mariana Kushev, and Blockchain.com Non-Executive Director and European Policy Advisor Giles Swan. They discussed the regulatory practices, industry opportunities, and future development directions of the European crypto industry following the implementation of MiCA.Giovanni shared the phased achievements of Gate Europe in advancing the compliance process in Europe, as well as the challenges and opportunities the industry faces under the MiCA framework. He stated that Gate will continue to be at the forefront of compliant crypto asset service providers in Europe and actively promote the standardized development of the industry.As an important forum focusing on European digital asset regulation and industry trends, the Digital Assets Forum 2026 gathered regulators, industry executives, and practitioners to review the key progress made in the 18 months since the implementation of MiCA. Currently, Gate's Malta company, Gate Europe, has obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA). As the European digital asset regulatory framework matures, Gate is deepening its compliance layout in the European market and enhancing its influence in the global digital asset industry through active participation in industry dialogue and regulatory practices.

According to The Block, the ranking of fee revenue from major blockchains last week showed a different pattern compared to the original activity metrics. Hyperliquid led all public chains with approximately $11 million in fee revenue, accounting for about 43% of the market share. Its fees primarily come from perpetual contract trading activities, where users pay fees for opening, holding, and closing positions.Over the past year, Hyperliquid's market share has significantly increased as derivatives traders rapidly migrated to its dedicated infrastructure. In contrast, Ethereum's fee revenue was about $3 million, accounting for approximately 13%, with revenue sources covering a broader mix including DeFi interactions, smart contract executions, and token transfers. Solana's fee revenue was about $2 million, accounting for around 10%, showing a significant gap compared to its DEX trading volume share, indicating that high-frequency, low-fee meme coin trading has not effectively converted into fee revenue.

Coinbase CEO Brian Armstrong posted on the X platform that the CLARITY Act is "closer to being advanced than ever before."Brian Armstrong stated that the bill will make the U.S. financial system faster, cheaper, and more inclusive, and help the U.S. maintain its leading position in the competition for the next generation of global financial systems. He also thanked the U.S. Senate staff and the 3.7 million Stand With Crypto supporters, stating that these groups have driven the bill's development to its current stage.

According to official social media news, Huobi HTX will hold a themed live broadcast event titled "NACHO vs TACO: New Market Logic Under the Hormuz Stalemate" today at 8 PM. At that time, crypto KOLs such as Sister Mao, OxPink, the Sincere Little Taoist, and Mo Ran will be invited to attend and discuss popular topics such as the changes in global risk asset pricing logic against the backdrop of the ongoing Hormuz Strait stalemate, the linkage effects between commodities and the crypto market, as well as the future trends of BTC and the evolution of market risk aversion sentiment.

According to Bits.media, the Presnensky District Court in Moscow sentenced the former head of Binance Russia and co-founder of the Blum crypto platform, Vladimir Smerkis, to five years in prison. The court found him guilty of "large-scale fraud" as stipulated in Article 159, Part 4 of the Criminal Code of the Russian Federation.According to the prosecution, in June 2024, trader and crypto blogger Oleg Polunin requested Smerkis's help to drive traffic to his social media. Smerkis promised to bring in about 2 million new users but failed to fulfill his obligations after receiving over 8.8 million rubles, misappropriating the funds for personal use. The verdict has not yet taken effect and can be appealed.Smerkis was arrested a year ago. He served as the regional head of Binance from early 2022 until September 2023, and later announced the launch of the clicker game Blum with another former Binance regional manager; on the day of his arrest, the Blum team announced his departure.

According to Jinshi reports, ECB board member Nagel stated that the possibility of the European Central Bank raising interest rates is continuously increasing.

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.

According to Jinshi, the U.S. April CPI report will be released tonight at 8:30. Influenced by soaring gasoline prices and housing inflation, the overall CPI year-on-year growth rate may reach a three-year high. The market is focused on the policy direction of the next chairman of the Federal Reserve, as well as potential fluctuations in the gold and silver exchange markets.

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.

According to Decrypt, MoonPay has acquired the AI trading startup Dawn Labs and launched the AI trading assistant Dawn CLI for prediction markets. This product allows users to generate and execute automated cryptocurrency trading strategies through natural language commands, with the first phase integrating with Polymarket.MoonPay stated that Dawn CLI can integrate the "strategy description --- code generation --- trade execution" process into a single interface, lowering the barriers to quantitative and automated trading. Neeraj Prasad, founder of Dawn Labs and Chief Engineer at MoonPay Labs, said that users do not need to have a development or quantitative background; they only need to describe the strategy in natural language, and the system will automatically complete the execution.MoonPay CEO Ivan Soto-Wright stated that the AI Agent will be able to autonomously develop and execute complex trading strategies, which is an important part of MoonPay's next phase of AI financial infrastructure layout. Previously, MoonPay had launched the AI Agent stablecoin payment card, an open-source AI wallet standard, and acquired the cryptocurrency key management company Sodot.

According to 10x Research analysis, since mid-January, the total gamma exposure of Bitcoin has remained negative, currently reaching -3.2 billion dollars at the strike price of 82,000 dollars. In a negative gamma environment, market makers are forced to trade in the direction of the trend, accelerating buying during price increases and accelerating selling during price decreases, which exacerbates price volatility.As the options expiration on May 29 and June 26 approaches, the negative gamma suppression effect is expected to gradually dissipate, and the downward bias of Bitcoin will subsequently ease. Currently, the market demand for call options is significantly higher than for put options, and institutions expect that market sentiment will shift from bearish to bullish at that time.

The digital asset trading platform Gate has announced the completion of a new round of feature upgrades for its prediction market, optimizing multiple modules such as the search system, leaderboard, event classification, and sports gameplay around hot topic discovery, strategy trading, and user interaction efficiency.In this upgrade, Gate has added intelligent search and a "Live & Hot" section, supporting fuzzy keyword matching, hot event recommendations, and real-time hot topic aggregation, helping users discover trading opportunities more efficiently. The platform has also launched a secondary classification system and a "Breaking News" section, covering hot content such as major news, sports events, and cryptocurrency market fluctuations. In the sports prediction market, Gate has introduced derivative gameplay such as point spreads and totals, and optimized the interaction for quick ordering and score selection, further enhancing the trading experience. Additionally, the platform has officially launched a prediction market leaderboard, covering multiple dimensions such as profit and loss, trading volume, and highest profit, strengthening strategy discovery and trading social attributes.Currently, Gate's prediction market has deeply integrated with the Polymarket ecosystem, allowing users to directly access the Polymarket page through the Alpha section on the Gate App homepage and participate in event predictions using USDT in their accounts, further lowering the participation threshold and operational complexity. With a convenient entry point and continuously growing user activity, Gate's performance in the Polymarket partnership channel remains leading, currently ranking in the top three.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the "Spurs vs. Timberwolves" event, the "Yes" option in the sub-market "Julius Randle: Assists O/U 0.5" has experienced a dramatic fluctuation in winning probability, soaring from 64.5% an hour ago to the current 93.5% (a fluctuation of 29%). Please note the impact of relevant breaking news.

Polymarket announced the latest developments and feature updates, including the launch of measures to mitigate latency spam to ensure order placement and cancellation operations, fixing the "insufficient balance/authorization" error, and another core issue affecting limit buy orders is expected to be resolved in the coming days.In addition, Polymarket stated that it has identified and banned multiple clusters of ghost-fill accounts, which were all created before the deposit wallet system went live. Currently, any occurrence of ghost-fill behavior will be identified and banned, and the deposit wallet system will also prevent the continued bulk creation of new accounts. More updates will be released in the coming week to address previously outstanding issues.

In February this year, several Chinese citizens were raided by the police at a rented villa in Country Heights, Kajang, Malaysia. The police claimed to suspect that the Chinese citizens were involved in fraud, and subsequently, the Chinese citizens were forced to transfer about $50,000 (approximately 200,000 ringgit) in USDT. The police later arrested 12 officers involved in the case and removed them from frontline duties, but the investigation still awaits technical reports and digital evidence results, and there has been no breakthrough to date.Lawyer Charles, representing eight Chinese victims, stated that the investigation is progressing too slowly. Since the arrest of the 12 involved police officers, there has been no further information, raising suspicions of internal interference attempting to suppress the case. He warned that if there is internal protection, he will file a complaint with the Malaysian Anti-Corruption Commission.

According to Jinshi reports, this week, significant signs of peace have emerged in the US-Iran conflict and the Russia-Ukraine conflict, greatly easing geopolitical risks. Next week, it is worth paying close attention to whether these two geopolitical conflicts can further cool down. In addition, next week's macro events will focus on the US April CPI data, as detailed below:Tuesday 15:15, FOMC permanent voting member and New York Fed President Williams will participate in a panel discussion on monetary policy;Tuesday 20:15, US ADP employment change for the week ending April 25;Tuesday 20:30, US April CPI data;Wednesday 04:30, US API crude oil inventories for the week ending May 8;Wednesday 20:30, US April PPI year-on-year and month-on-month;Friday 05:30, Fed Governor Barr will deliver a speech;Friday 21:15, US April industrial production month-on-month.Finally, next week the Federal Reserve will undergo significant personnel changes. Nominee Chairman Kevin Warsh is expected to be confirmed by the Senate on Monday and will officially take over from Powell on May 15.In terms of US stocks, as of this Friday, a new round of surges has pushed the S&P 500 index up 8% cumulatively in 2026, continuing to rise on the basis of achieving double-digit returns for three consecutive years. The tech-heavy Nasdaq Composite Index has risen nearly 13% year-to-date, with both major indices reaching all-time highs. Although the first quarter earnings season is nearing its end, corporate reports will still be a key driver of stock prices in the coming days.AI

The market has currently priced in the expectation that the Federal Reserve will extend the pause on interest rate hikes, with no rate cuts expected until December 2027.