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twt Hits New High of 0.5253 USDT, Up 5.00% in 24H

【twt soared to 0.5307 USDT, a new high with a 24-hour increase of 5.00%. It currently trades at 0.5253 USDT on HTX.】twt Hits New High of 0.5253 USDT, Up 5.00% in 24H

twt soared to 0.5307 USDT, a new high with a 24-hour increase of 5.00%. It currently trades at 0.5253 USDT on HTX.

bill Surges 24.27% in 24H, Currently at 0.179637 USDT

【bill currently trades at 0.179637 USDT, up 24.27% in 24h, according to HTX market data.】bill Surges 24.27% in 24H, Currently at 0.179637 USDT

bill currently trades at 0.179637 USDT, up 24.27% in 24h, according to HTX market data.

bill Hits New High of 0.179637 USDT, Up 24.27% in 24H

【bill soared to 0.184003 USDT, a new high with a 24-hour increase of 24.27%. It currently trades at 0.179637 USDT on HTX.】bill Hits New High of 0.179637 USDT, Up 24.27% in 24H

bill soared to 0.184003 USDT, a new high with a 24-hour increase of 24.27%. It currently trades at 0.179637 USDT on HTX.

On May 12, BlackRock submitted a new application for a tokenized fund structure to the U.S. SEC, once again selecting Securitize to provide on-chain infrastructure support. According to the disclosure documents, the new structure will integrate the ownership records of fund shares on the blockchain with regulated transfer agents and investor access systems, connecting on-chain operations with traditional financial compliance frameworks. Securitize stated that its Securitize Transfer Agent, LLC will be responsible for maintaining the official ownership records of fund shares on the public blockchain, meaning that on-chain holding data will be directly incorporated into the regulated fund registration system. Officials noted that this represents a further step towards 'institutional-scale operations in regulated on-chain capital markets.' This application is also seen as a further expansion for BlackRock following the success of BUIDL. BUIDL is the first tokenized fund launched by BlackRock in collaboration with Securitize in 2024, which has now grown to approximately $2.3 billion in assets and has become an important case of institutional adoption of tokenized finance. Securitize also revealed that the global market for tokenized real-world assets (RWA) has surpassed $30 billion, with the industry moving from early experimental phases to the construction of institutional-grade infrastructure, interoperability, and compliant on-chain financial systems.

[BlackRock Launches Tokenized Fund Structure, Continues Using Securitize's On-Chain Infrastructure]On May 12, BlackRock submitted a new application for a tokenized fund structure to the U.S. SEC, once again selecting Securitize to provide on-chain infrastructure support. According to the disclosure documents, the new structure will integrate the ownership records of fund shares on the blockchain with regulated transfer agents and investor access systems, connecting on-chain operations with traditional financial compliance frameworks. Securitize stated that its Securitize Transfer Agent, LLC will be responsible for maintaining the official ownership records of fund shares on the public blockchain, meaning that on-chain holding data will be directly incorporated into the regulated fund registration system. Officials noted that this represents a further step towards 'institutional-scale operations in regulated on-chain capital markets.' This application is also seen as a further expansion for BlackRock following the success of BUIDL. BUIDL is the first tokenized fund launched by BlackRock in collaboration with Securitize in 2024, which has now grown to approximately $2.3 billion in assets and has become an important case of institutional adoption of tokenized finance. Securitize also revealed that the global market for tokenized real-world assets (RWA) has surpassed $30 billion, with the industry moving from early experimental phases to the construction of institutional-grade infrastructure, interoperability, and compliant on-chain financial systems.

BlackRock Launches Tokenized Fund Structure, Continues Using Securitize's On-Chain Infrastructure

On May 12, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is negotiating with all major professional sports leagues in the United States to enhance regulation of sports prediction markets, focusing on combating insider trading and market manipulation. Earlier, in March, the CFTC signed a data-sharing agreement with Major League Baseball (MLB), marking the first formal information-sharing collaboration between a federal regulatory agency and a professional sports league. As prediction market platforms like Kalshi and Polymarket accelerate their entry into sports event contracts, tensions between federal regulation and state gambling oversight are escalating. Selig mentioned at the FINRA annual meeting that the CFTC has sued 'about five or six states' because these states are attempting to prevent the operation of event contracts under federal regulation. He emphasized that derivatives regulated by the CFTC fall under federal jurisdiction, not state gambling laws. He described sports prediction markets as 'different products, parallel regulatory systems' compared to traditional gambling. Regarding insider trading, Selig referenced a case handled by Kalshi: an employee of YouTube influencer MrBeast allegedly traded based on undisclosed content release times. He also noted that if team trainers or staff trade based on prior knowledge of player injuries, it could constitute insider trading. Selig stated that trading platforms themselves remain the first line of defense in regulation, as they are responsible for KYC and AML reviews, which help identify suspicious trading activities. Additionally, the CFTC is coordinating with the SEC to study regulatory frameworks for ETFs and investment products related to prediction markets. This is seen as another indication of a significant shift towards a more open regulatory attitude towards prediction markets and crypto financial products during the Trump administration.

[CFTC Collaborates with Major U.S. Sports Leagues to Regulate Prediction Markets, Sues Several States to Uphold Federal Jurisdiction]On May 12, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is negotiating with all major professional sports leagues in the United States to enhance regulation of sports prediction markets, focusing on combating insider trading and market manipulation. Earlier, in March, the CFTC signed a data-sharing agreement with Major League Baseball (MLB), marking the first formal information-sharing collaboration between a federal regulatory agency and a professional sports league. As prediction market platforms like Kalshi and Polymarket accelerate their entry into sports event contracts, tensions between federal regulation and state gambling oversight are escalating. Selig mentioned at the FINRA annual meeting that the CFTC has sued 'about five or six states' because these states are attempting to prevent the operation of event contracts under federal regulation. He emphasized that derivatives regulated by the CFTC fall under federal jurisdiction, not state gambling laws. He described sports prediction markets as 'different products, parallel regulatory systems' compared to traditional gambling. Regarding insider trading, Selig referenced a case handled by Kalshi: an employee of YouTube influencer MrBeast allegedly traded based on undisclosed content release times. He also noted that if team trainers or staff trade based on prior knowledge of player injuries, it could constitute insider trading. Selig stated that trading platforms themselves remain the first line of defense in regulation, as they are responsible for KYC and AML reviews, which help identify suspicious trading activities. Additionally, the CFTC is coordinating with the SEC to study regulatory frameworks for ETFs and investment products related to prediction markets. This is seen as another indication of a significant shift towards a more open regulatory attitude towards prediction markets and crypto financial products during the Trump administration.

CFTC Collaborates with Major U.S. Sports Leagues to Regulate Prediction Markets, Sues Several States to Uphold Federal Jurisdiction

On May 12, BlackRock submitted a new application for a tokenized fund structure to the U.S. SEC and once again chose Securitize to provide on-chain infrastructure support. According to the disclosed documents, the new structure will integrate on-chain fund share ownership records with regulated transfer agents and investor access systems, connecting on-chain and traditional financial compliance frameworks. Securitize stated that its subsidiary, Securitize Transfer Agent, LLC, will be responsible for maintaining the official ownership records of fund shares on the public blockchain, meaning that on-chain holding data will directly enter the regulated fund registration system. Officials described this as another step towards 'regulated on-chain capital markets achieving institutional-scale operations.' This application is also seen as further expansion for BlackRock following the success of BUIDL. BUIDL is BlackRock's first tokenized fund launched in collaboration with Securitize in 2024, which has now grown to approximately $2.3 billion in assets and has become an important case of institutional adoption of tokenized finance. Securitize also disclosed that the global market size for tokenized real-world assets (RWA) has surpassed $30 billion, with the industry transitioning from early experimental stages to building institutional-grade infrastructure, interoperability, and compliant on-chain financial systems.

[BlackRock Launches Tokenized Fund Structure Using Securitize's On-Chain Infrastructure]On May 12, BlackRock submitted a new application for a tokenized fund structure to the U.S. SEC and once again chose Securitize to provide on-chain infrastructure support. According to the disclosed documents, the new structure will integrate on-chain fund share ownership records with regulated transfer agents and investor access systems, connecting on-chain and traditional financial compliance frameworks. Securitize stated that its subsidiary, Securitize Transfer Agent, LLC, will be responsible for maintaining the official ownership records of fund shares on the public blockchain, meaning that on-chain holding data will directly enter the regulated fund registration system. Officials described this as another step towards 'regulated on-chain capital markets achieving institutional-scale operations.' This application is also seen as further expansion for BlackRock following the success of BUIDL. BUIDL is BlackRock's first tokenized fund launched in collaboration with Securitize in 2024, which has now grown to approximately $2.3 billion in assets and has become an important case of institutional adoption of tokenized finance. Securitize also disclosed that the global market size for tokenized real-world assets (RWA) has surpassed $30 billion, with the industry transitioning from early experimental stages to building institutional-grade infrastructure, interoperability, and compliant on-chain financial systems.

BlackRock Launches Tokenized Fund Structure Using Securitize's On-Chain Infrastructure

On May 12, Movement announced the completion of its acquisition of the on-chain Vault infrastructure project Canopy, further integrating key financial infrastructure within the Movement Network. Canopy has previously been an important part of the Movement ecosystem, primarily responsible for building the Vault layer on the Movement Network, with its smart contracts allowing users to allocate assets and strategize on-chain with independent strategy managers. Following this acquisition, Canopy will collaborate more closely with the on-chain credit protocol MovePosition, as Movement gradually builds a complete on-chain financial infrastructure stack covering Vault, credit, yield strategies, and more. Movement stated that most public chain ecosystems still rely on third parties for core financial primitives, while Movement aims to achieve deeper technical synergy between Vault contracts and other network components through self-construction and internal integration. For developers, this means the ability to directly integrate continuously iterated core protocols; for partners, it signifies stronger consistency between underlying infrastructure and development teams; for users, it promises a more unified on-chain financial product experience. The official announcement also revealed that MovePosition and Canopy will gradually operate as a unified infrastructure, with more integration details to be announced in the coming weeks.

[Movement Acquires Canopy, Integrating Vault Infrastructure into Core Ecosystem]On May 12, Movement announced the completion of its acquisition of the on-chain Vault infrastructure project Canopy, further integrating key financial infrastructure within the Movement Network. Canopy has previously been an important part of the Movement ecosystem, primarily responsible for building the Vault layer on the Movement Network, with its smart contracts allowing users to allocate assets and strategize on-chain with independent strategy managers. Following this acquisition, Canopy will collaborate more closely with the on-chain credit protocol MovePosition, as Movement gradually builds a complete on-chain financial infrastructure stack covering Vault, credit, yield strategies, and more. Movement stated that most public chain ecosystems still rely on third parties for core financial primitives, while Movement aims to achieve deeper technical synergy between Vault contracts and other network components through self-construction and internal integration. For developers, this means the ability to directly integrate continuously iterated core protocols; for partners, it signifies stronger consistency between underlying infrastructure and development teams; for users, it promises a more unified on-chain financial product experience. The official announcement also revealed that MovePosition and Canopy will gradually operate as a unified infrastructure, with more integration details to be announced in the coming weeks.

Movement Acquires Canopy, Integrating Vault Infrastructure into Core Ecosystem

On May 12, the L2 network Lisk published a statement indicating that the 'trillions in transaction volume' often mentioned in the market for stablecoins largely does not pertain to real payment activities, but rather to trading, arbitrage, and automated on-chain circulation. According to data cited from McKinsey and Artemis Analytics, the actual payment volume for stablecoins is estimated to be around $390 billion by 2025, which includes: approximately $226 billion for B2B payments, accounting for about 58%; around $90 billion for payroll and remittances, making up about 23%; approximately $8 billion related to capital market payments, representing about 2%; and around $66 billion for other payment scenarios, constituting about 17%. Additionally, B2B stablecoin payments have seen a year-on-year growth of 733%, but compared to the global B2B payment market of approximately $1.6 quadrillion, this still represents only about 0.01%. Lisk believes this indicates that while stablecoin payments are growing rapidly, there remains significant room for true penetration into the global mainstream payment system.

[Analysis: Most of the Stablecoin 'Trillions in Transaction Volume' Are Not Real Payments, Actual Payment Volume Last Year Estimated at $390 Billion]On May 12, the L2 network Lisk published a statement indicating that the 'trillions in transaction volume' often mentioned in the market for stablecoins largely does not pertain to real payment activities, but rather to trading, arbitrage, and automated on-chain circulation. According to data cited from McKinsey and Artemis Analytics, the actual payment volume for stablecoins is estimated to be around $390 billion by 2025, which includes: approximately $226 billion for B2B payments, accounting for about 58%; around $90 billion for payroll and remittances, making up about 23%; approximately $8 billion related to capital market payments, representing about 2%; and around $66 billion for other payment scenarios, constituting about 17%. Additionally, B2B stablecoin payments have seen a year-on-year growth of 733%, but compared to the global B2B payment market of approximately $1.6 quadrillion, this still represents only about 0.01%. Lisk believes this indicates that while stablecoin payments are growing rapidly, there remains significant room for true penetration into the global mainstream payment system.

Analysis: Most of the Stablecoin 'Trillions in Transaction Volume' Are Not Real Payments, Actual Payment Volume Last Year Estimated at $390 Billion

On May 12, according to market news, the U.S. Justice Department has reached a $30 million settlement agreement with Paypal (PYPL.O).

[U.S. Justice Department Reaches $30 Million Settlement with Paypal]On May 12, according to market news, the U.S. Justice Department has reached a $30 million settlement agreement with Paypal (PYPL.O).

U.S. Justice Department Reaches $30 Million Settlement with Paypal

According to Jin10, the U.S. Treasury Department will lay out the risks it believes cryptocurrencies pose to consumers and the financial system in a series of reports this month, people familiar with the matter said. The U.S. Treasury Department’s report will focus on an analysis of the cryptocurrency market, but won’t offer too many specific policy recommendations. Each report will focus on one of four themes, including payment systems, consumer protection, illicit financing and financial stability.

Detail

【U.S. Treasury Department will release a series of reports this month that clearly address the risks of cryptocurrencies】According to Jin10, the U.S. Treasury Department will lay out the risks it believes cryptocurrencies pose to consumers and the financial system in a series of reports this month, people familiar with the matter said. The U.S. Treasury Department’s report will focus on an analysis of the cryptocurrency market, but won’t offer too many specific policy recommendations. Each report will focus on one of four themes, including payment systems, consumer protection, illicit financing and financial stability.

U.S. Treasury Department will release a series of reports this month that clearly address the risks of cryptocurrencies

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ACA fluctuated over 50% in 24 hours!

U.S. Treasury Department will release a series of reports this month that clearly address the risks of cryptocurrencies

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