Come In And Register? These Firms Say They Found an SEC-Friendly Crypto Path

The beginnings of a fully compliant U.S. crypto infrastructure may be forming on the industry’s fringes as a watchdog backed by the Securities and Exchange Commission (SEC) quietly issues significant approvals for companies trying to stick to the securities rulebook.Source

South Korea’s Ruling Party Calls to Expedite Bill on Lawmakers’ Crypto Disclosures: Report

The leader of South Korea’s ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.Source

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg

Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.Source

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

The Securities and Futures Commission’s guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops.Source

Crypto Market Near-Term Upside Is Likely Capped: Bank of America

The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines.Source

Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade

Staking refers to locking coins in the blockchain network in return for rewards.Source

International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto

The consultation period closes on July 31.Source

Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading

The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage.Source

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.Source

Crypto Lender BlockFi Ordered to Withdraw Unapproved Reorganization Plan Shared ‘Prematurely’

The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.Source