Author: 行政

Kalshi’s live U.S.-regulated crypto perpetual futures move the story out of the approval phase and into the order book.The company’s public perpetual futures page and individual product pages now present U.S.-regulated crypto perps as a broader trading category that extends past the first Bitcoin experiment.Kalshi’s own materials point to markets across Bitcoin, Ethereum, Solana, XRP, and other crypto assets, while a dedicated HYPE perpetual page shows the company has extended the product into one of the assets most closely associated with demand for crypto-native derivatives.The launch changes the test from permission to behavior. Traders will compare spreads, depth, funding, reference…

Metaplanet’s Siiibo deal turns the Bitcoin treasury trade from a balance-sheet accumulation question into a regulated distribution test.The Japan-listed company has agreed to acquire Siiibo Securities, a regulated corporate-bond platform, giving Japan’s largest public Bitcoin treasury company a route into securities structuring and distribution while mNAV, dilution, and BTC-per-share math are under pressure.The wider question has shifted from copying a simple treasury playbook to building licensed channels that can package Bitcoin exposure while preserving the per-share BTC claim that made the trade attractive in the first place.Metaplanet’s June 12 disclosure said it had executed a share-transfer agreement to acquire Siiibo…

Stablecoin flows have crossed from crypto liquidity into the market map central banks use to track dollar funding.The Bank for International Settlements, in its June 23 Annual Economic Report chapter on innovation beyond stablecoins, argued that private dollar tokens still fall short of the core tests of money. The same official-sector push now sits alongside a working paper estimate that a $3.5 billion, five-day stablecoin inflow can move three-month Treasury bill yields by about four basis points within 10 days.The consequence is practical. Stablecoins are becoming a measurable channel between on-chain dollar demand and the front end of sovereign debt markets.For crypto, stablecoin growth now…

Hyperliquid has been added to Singapore’s Investor Alert List, putting DeFi’s permissionless pitch to a consumer-protection test: the network can keep settling trades, while the interface and public messaging around it draw regulatory scrutiny.Hyperliquid said in a June 26 statement that its appearance on the Monetary Authority of Singapore’s list was a warning-list event rather than a ban, enforcement action, or finding of wrongdoing.The project also said it had not claimed to be licensed by MAS, described itself as permissionless infrastructure, and said users retain self-custody while transactions settle transparently on-chain.The resulting pressure is applied to the user-facing layer. A…

Binance is set to miss Europe’s July 1 MiCA authorization deadline, moving the bloc’s exchange-access fight from a policy countdown into a live test of where users, assets, and trading liquidity move next.The exchange has told European customers it will be unable to meet the authorization deadline, according to Binance Square social media posts and a Financial Times report. The warning comes two days after Binance withdrew its MiCA license application in Greece and said it would pursue authorization in another EU Member State. Related ReadingMillions of EU crypto users face exchange cutoff as MiCA deadline hits in daysAround three…

Some of the largest US crypto companies and advocacy groups are escalating a coordinated lobbying campaign to secure a Senate vote on landmark digital-asset legislation before lawmakers leave Washington for their August recess.The industry’s push for the Digital Asset Market CLARITY Act comes as the Senate confronts a narrowing legislative calendar, and negotiations remain unfinished.In view of this, Senate Majority Leader John Thune, who controls the chamber’s floor schedule, reportedly acknowledged that negotiators still have a route forward but warned that the opportunity is closing.The warning has added urgency to an industry campaign years in the making. The bill supporters…

Ripple and SBI announced the official launch of RLUSD in Japan on June 24, following JFSA approval, with the stablecoin available to institutional and retail users through SBI VC Trade.Ripple categorized RLUSD under Japan’s Payment Services Act as a new type of electronic payment instrument for foreign-issued stablecoins, the first time the company has had a regulated dollar stablecoin in one of its most established markets.The day after the launch, Circle and Nomura plan to launch a USDC-based digital asset settlement and corporate payment service in Japan as early as 2027.The service would let Japanese businesses exchange yen for USDC…

Celsius froze withdrawals in June 2022 before filing for Chapter 11 in July 2022, and Genesis froze redemptions after FTX’s collapse and filed for bankruptcy in January 2023, owing approximately $3.4 billion to its 50 largest creditors.BlockFi, Celsius, Genesis, and Voyager together accounted for 40% of the crypto lending market and 82% of CeFi lending at their peaks, per Galaxy data. The 2022 unwind exposed two failures simultaneously: bad loans and the complete opacity of where risk sat inside those balance sheets.The answer crypto landed on was to put lending on-chain, which helped address some of the opacity problem.Building the…

SOL touched $64.56 intraday on June 25 before recovering toward $66.56 as Bitcoin fell to $58,189. Fed hike odds for September held above 60% after the PCE print, and tight liquidity kept the broader market locked out of high-beta crypto rotation.Solana still ranked third among all blockchains by 30-day net bridge inflows, with roughly $137 million flowing to the network, while tokens based on its blockchain gained ground in the same period.Backpack gained 356%, Solstice’s SLX climbed 92.5% over 30 days and nearly 159% over the past seven days, CARDS rose 74%, and JTO added 29%. Those moves show traders…

Bitcoin registered an intraday low of $58,189 on June 25 before clawing back toward $60,100 as of press time, even as the Federal Reserve’s preferred inflation gauge landed roughly in line with expectations.The May PCE print came in at a headline of 4.1% year over year and a core of 3.4%, with a monthly headline of 0.4% versus a 0.5% estimate. It cleared the immediate downside threat of an upside inflation shock, leaving BTC without a new bid.Matt Mena, senior crypto research strategist at 21Shares, called the print “a brief exhale.” Headline PCE is still over double the Fed’s 2%…