Wu says it's a daily choice of encrypted news + Wu says it's a weekly selection: News Top10 and popular articles

1. Hyperliquid Founder Jeff Yan: The path to regulating derivatives along the chain has been discussed with policymakers in Washington

Jeff Yan, founder of Hyperliquid, wrote that the team had travelled to Washington in recent days to engage with United States policymakers on the regulatory path of introducing chain derivatives markets into the United States. The communication covers the global user demand for chain transactions and the underlying philosophy of DeFi, and receives signals of support for encryption regulation from both parties in the United States. Jeff stated that the team would continue its efforts with the aim of providing United States users with legal and compliant access to the Hyperliquid platform。

2. A letter from Roro Yongho clarifying that she was not involved in any virtual currency project and that she had blocked the related currency by the same name as Meme

In a letter sent on platform X, Rongho made a serious reminder that he had never participated in, promoted or represented any virtual money project and called on the public not to believe in any relevant investment information. Earlier, Rongho had called CZ, claiming that a virtual currency called “Royongho” used its head as a logo and appeared in Binance's wallet tab, demanding that Binance lay down or provide a formal channel for filing a complaint. Subsequently, Binance's wallet has been shielded from the same Meme currency and cannot be searched for the same Meme currency。

3. The largest bank in Italy, Intesa Sanpaolo, doubled the opening of encrypted assets to $235 million in the first quarter

Italy ' s largest banking group, the United Bank of São Paulo (Intesa Sanpaolo), significantly increased its exposure to encrypted currency in the first quarter of 2026. Its encryption-related assets surged from about $100 million in the fourth quarter of 2025 to about $235 million today. Data as at 3 March show that the bank increased its Bitcoin holder and bought the Etherme Trust for the first time through the purchase of iShares Staked Etheleum Trust. In addition, the Bank created a new Ripple position through Grayscale XRP Trust, holding 712319 shares (value about $18 million), while significantly reducing the exposure to Solana (Bitwise Solana Staking ETF)。

4. The Financial Agency of Japan held a meeting on the registration of encrypted assets in the media, and the new system is expected to be implemented in early June

On May 15th, the Financial Services Agency of Japan held an online pre-registration session for businesses and related institutions on the Electronic Payment Means — Encrypted Asset Services Intermediary, on the new system and registration process for the encryption of assets under the revision of the Funds Settlement Act, which is expected to be implemented in early June 2026. It is directed primarily to those who are commissioned by an encrypted asset exchange or a stable currency trader and only provide a “media” for the sale and exchange of encrypted assets and stable currency. At the same time, the system prohibits intermediaries from accepting the hosting of user assets, but the regulatory requirements are lower than exchange licence plates or promote the participation of businesses such as games, electricians and others in the flow of encrypted asset services。

FOR THE FIRST TIME IN 2025, MORE THAN BTC WAS THE MOST COMMONLY PURCHASED ENCRYPTED ASSET IN MEXICO

The Bitso report shows that the stabilization currency exceeded the BTC for the first time in 2025 and became the most commonly purchased encrypted asset in Mexico. Stabilized coins account for 36 per cent of Mexico's encrypted purchases, and the BTC lags behind in its purchasing preferences, but still keeps up with about 52 per cent of its portfolio. At the regional level, in Latin America, the dollar anchored assets accounted for 40 per cent of purchases and the BTC for 18 per cent, showing an increase in the use of stable currencies in functional scenarios such as payments, savings and cross-border transfers. Moreover, in May this year, the Mexican Senate launched a regulatory initiative to require 100 per cent liquidity support for the peso-linked stabilization currency。

The U.S. Federal Reserve Chairman's encryption perspective, progress on the upgrading of the ETA Glamsterdam, Coinbase's proposed acquisition of USDH brand assets and news Top10

This week, Top10

1. United States Senate confirmation of Kevin Warsh as Fed Chairmanlink

The United States Senate confirmed by 54 votes in favour and 45 against Kevin Warsh as Chairman of the Fed, replacing Jerome Powell, whose term of office will end this week. This is the confirmation by the Chairman of the Fed that the smallest gap in Senate votes in history reflects the growing disagreement between the two parties over the Fed’s independence and interest rate policy. At the hearing, Warsh stated that the Federal Reserve's monetary policy would remain “strictly independent” under its leadership, but the market was concerned about whether it would respond to Donald Trump's position that it would promote interest rate reductions. Meanwhile, in the United States, the PPI rose by 6 per cent in April, more than the market expected, and inflationary pressures from energy price increases continued to spread。

The latest financial disclosure submitted by the Federal Reserve Chairman, Kevin Warsh, revealed that its assets exceeded $100 million, and that its main holdings included two separate investments exceeding $50 million in Juggernaut Fund LP. In addition, Warsh also holds a series of smaller front-line projects with a market value of not more than $500,000 through a major body called DCM Investments 10 LLC, covering SpaceX, the Forecast Market Platform Polymucket, and several encryption and AI-related companies and tool-type projects. Among the targets mentioned in the report were the Etherly development platform, Tenderly, and the encrypted financial services platform Lemon Cash, the consumer credit new bank, and others。

Warsh had stated that the price of the bitcoin was too volatile to be used as a unit of account or as a payment tool, but could become a valuable storage asset like gold. Encryption money should be seen more as a software technology than as a real currency。

2. Clarity Act, through the United States Senate Banking Commission, will be submitted to the Senate for plenary votelink

Prior to the forthcoming vote by the United States Senate Banking Commission on the Encrypted Market Structures Act (CLARITY Act), the members of the Commission had submitted over 100 amendments to the Encrypted Market Structures Act. Despite closed consultations between the two parties over the past few months, differences remain on key details. The focus of the amendments has been on strengthening investor protection, improving the regulatory framework for the stabilization of currencies and increasing preventive measures against money-laundering and illegal financing。

According to encrypted journalist Eleanor Terrett, Clarity Act was considered by the United States Senate Banking Committee by 15 votes in favour and 9 against, with Democratic Senator Ruben Gallego and Angela Alsobrooks voting in favour. The bill will be submitted to the Senate for a plenary vote。

3. The British Central Bank is considering relaxing the regulatory restrictions on stable currency, with the intention of reassessing the holding cap and reserve requirementslink

The British Central Bank (BoE) is considering reassessing its regulatory programme for the Pounds sterling stabilization currency. Vice-President Sarah Breeden said that the Central Bank was looking at alternatives to caps on individual and corporate currency stabilization, and was assessing whether the requirement that “at least 40% of reserve assets be held in the British Central Bank without interest” was too conservative. Previously, the digital asset industry warned that stringent restrictions would discourage the introduction and render British coins economically uncompetitive. According to the November 2025 consultation document, the planned cap on personal holdings was £20,000 and the firm ceiling was approximately $13.5 million。

4. JP Morgan proposed to launch the second monetized money market fund at the Etheraflink

JP Morgan Chase is launching the second monetized money market fund, OnChain Limited-Token Money Market Fund, code JLTXX. The Fund will invest in United States Treasury bonds and overnight buy-back agreements that are mortgaged on national bonds or cash, and plans to meet the requirements of GENIUS Act for stable currency issuers ' reserve assets. The document shows that the Fund is based on the Ether Workshop, where the Kinexys Digital Assemblys, under the banner of JP Morgan, are responsible for block chain-related management, following the launch last year of JP Morgan's first monetized money market fund at the Ether Workshop。

5. Publication of the Glamsterdam Upgrading Progress and Protocol Cluster 's new responsibility Peoplelink

In May 2026, the ETA Foundation released Protocol Cluster, and the developers advanced the next upgrade of Glamsterdam at an introp event held in Svalbard, Norway, and identified several key developments, including the creation of a 200 million Gas limited floor target, the completion of ePBS multi-client devnet testing, the finalization of EIP-8037 status access re-pricing programme, and the advancement of the development of the FOCIL and original accounts in relation to Hegotá upgrades. At the same time, the ETA Foundation Protocol Cluster initiated the leadership readjustment, and Will Corcoran, Kev Wedderburn and Fredrik will be the new cluster leads. The current focus continues to be on advancing work on the Gramsterdam, Hegotá and Strawmap road maps。

6. Coinbase will be the publisher of the official Treasury of USDC on Hyperliquid and is about to acquire USDH brand assetslink

Coinbase announced that it would deepen its cooperation with Hyperliquid and formally become the official treasury issuer of USDC on the platform as the AQA. As part of the transition, Native Markets has agreed to grant Coinbase the right to purchase USDH brand assets for its stabilization currency project. The USDH market will be shut down over time, and users can still convert the USDH waiver to USDC or legal currency through the Native Markets dashboard。

7. Circe Completion of Arc Pre-sale Financing, $222 millionlink

Circe completed its new public chain Arc seed currency pre-sale financing, raising $222 million, corresponding to a completely diluted estimate of about $3 billion. a16z takes $75 million and BlackRock, Apollo, ICE, SBI, ARK Invest, etc. Circle CEO Jeremy Allaire states that Arc is located as a public-chain infrastructure oriented to institutional finance, with the goal of expanding Circle from a stable money distributor to an “Internet platform company”. Circle published 2026 Q1 financial statements at the end of the quarter USDC circulation was $77 billion, an increase of 28 per cent over the same period; Q1 chain transactions amounted to $21.5 trillion, an increase of 263 per cent over the same period. The company Q1 total revenue and reserve income was $694 million, an increase of 20 per cent over the same period; net going concern was $55 million, a decrease of 15 per cent over the same period; and adjusted EBITDA was $151 million, an increase of 24 per cent over the same period。

8. Arthur Hayes: the expansion of the United States dollar and the renminbi ' s credit will benefit the encrypted market and the return of the bitcoin to $126,000 is inevitablelink

Arthur Hayes, a co-founder of BitMEX, in his latest article, The Butterfly Touch, stated that AI capital competitions, war expenditures and countries ' shift to infrastructure and key commodity reserves would facilitate the continued expansion of dollar and renminbi credit and the profitability of bitcoin and encrypted assets. Hayes argued that bitcoin had been seen at the bottom of the 60,000 US dollars, and that a new breakthrough of 126,000 US dollars was “established” and that if the breakthrough of $90,000 could accelerate. In addition, he disclosed that his family fund, Maelstrom, was now in silos, HYPE and ZEC, and indicated that the next step would be to focus and layout NEAR. This is Hayes ' personal opinion and does not constitute an investment proposal。

Wintermute states that, for the sixth consecutive week, the US stock has risen, that nano-indicators and pamphlet 500 are highly innovative, and that for the first time since January, the BTC has breached $80 million and touched around $83,000, breaking the 200-day average of price suppression over the past seven months. According to Wintermute, however, the current BTC boom in the short term is more of an empty squeeze rather than a health breakthrough, as the unsettled contract rose from $48 billion to $58 billion within a month, while the turnover was low for two years, as the cattle market confirmed that a spot purchaser was usually required to drive, while more of the contract was being filled up. Wintermute also indicated that the CPI and the Fed Chairman ' s interface could be key macro variables。

9. Michael Saylor: Strategy ' s sale of partial bitcoin-paid dividends has limited impact and will continue to increase bitcoin as a wholelink

In an interview with CoinDesk, Executive Chairman Michael Saylor stated that even if the company would sell a portion of Bitcoin in the future to pay dividends, its overall impact would be “negative”, as the number of bitcoin that the company was planning to buy was still much higher than the potential size of the sale. He also responded to external criticism that “buys always at a higher point in the Bitcoin phase”, stating that the company was trading more bitcoin for more at the peak of the MSTR equity premium in order to upgrade each bitcoin hold. At the same time, Saylor stated that Strategy would adjust capital market operations to the BTC yield and balance sheet credit dynamics and stated that its STRC sustainable priority stock structure could provide financing capacity in a bear market environment。

Claude Helping "Recover" Sleep 9 years BTC Walletlink

The user Cprkrn post stated that the Anthropic flag of Claude AI helped him recover a bitco wallet for nearly nine years, holding five BTCs (approximately $400,000). The data on the chain show that the address has not been moved for a long time since 2015, until it has been revitalized in recent days. Cprkrn states that after previous attempts to recover using tools such as btcrecover and Hashcat failed, after uploading the old computer file to Claude, AI helped it to identify the old wallet file associated with the assistive notes in the notebook and eventually to recover it successfully. In response, the Wallet Restoration Expert stated that Claude was helping users to analyse, filter and match a large number of historical documents, which belonged to the AI Supported Document Forensics and Password Restoration Process, rather than breaking the Bitcoin Underground Password。

Focused financing events

• Coinbase Investments Commonware Launch Route 66 to reduce the cost of dedicated block link entrylink
• Digital Assembly is in the process of making a new round of financing with a valuation of about $2 billion, a16z crypto to receive approximately $300 millionlink
• Circle completes Arc pre-sale financing, raising $222 millionlink
• Elliptic announced the completion of a $120 million new round of financinglink
• Stable Currency Digital Bank Fasset completed $51 million B round financelink
• Bitcoon hosting platform Onramp completed $12.5 million A round of financing, with a pre-investment valuation of $135 millionlink
• IFIC Stitch announced the completion of $25 million A Round Financelink
• Ripple Prime received a US$ 200 million financing line from Neuberger Bermanlink
• New Stabilized Currency Bank of the United States, Augustus, announced OCC license and completed $40 million in financinglink
• Capital B announces 15.2 million euros for private fundraising to increase the amount of bitcoinlink
• Sky led Osero $13.5 million in financing to stabilize the currency track and speed up the distribution channelslink
• Turnkey completes $12.5 million in strategic financing, Archestype and Circle Ventureslink
• Boundary Labs Completion of $2 million pre-seed finance to introduce institutional stability currency USBDlink

More industry financing events availablecrypto-fundraising.infoI don't know。