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According to Foresight News, U.S. House Majority Whip Tom Emmer, along with Representative Ritchie Torres, has introduced the Blockchain Regulatory Certainty Act. The proposed legislation aims to safeguard blockchain developers and service providers who do not hold consumer funds from unjust government prosecution. This initiative seeks to establish clearer regulatory guidelines for the blockchain industry, ensuring that innovation is not hindered by legal uncertainties.

According to PANews, Swissquote Bank strategist Ipek Ozkardeskaya stated in a report that the trajectory of U.S. Treasury yields will be influenced by two main factors. The first factor is the fiscal decisions made by the United States, including whether the budget is sustainable and if there are any long-term plans to control debt. The second factor involves the actions of global investors: whether they remain willing to finance the U.S. deficit, especially amid deteriorating geopolitical relations, waning enthusiasm for the dollar, and declining confidence in U.S. Treasuries as a safe-haven asset, all of which are undermining market confidence.

According to BlockBeats, the U.S. House Rules Committee has approved U.S. President Donald Trump's comprehensive tax cut bill. This approval sets the stage for a full House vote on the proposed legislation.

According to PANews, U.S. President Donald Trump's cryptocurrency advisor, David Sacks, has stated that the GENIUS Act, a proposed stablecoin regulation bill, could unlock trillions of dollars in demand for U.S. Treasury bonds if passed. The bill has successfully overcome a procedural hurdle in the Senate. Sacks highlighted that the legislation aims to provide a legal framework for the $200 billion unregulated stablecoin market and reinforce the dominance of the U.S. dollar. Despite strong support from the White House, some Democrats have raised concerns about potential conflicts of interest involving the President and his family.

According to PANews, the Pakistani Ministry of Finance has announced the establishment of the Pakistan Digital Asset Authority (PDAA) to oversee the cryptocurrency and blockchain sectors. This new regulatory body will manage licensing and compliance for exchanges, custodians, stablecoins, and DeFi applications, aiming to create a regulatory framework aligned with FATF standards. Finance Minister and Chairman of the Pakistan Crypto Committee (PCC), Muhammad Aurangzeb, stated that the PDAA will work towards formalizing the country's $25 billion informal crypto market. The authority will also explore innovative applications such as the tokenization of national assets and the digitization of government debt. These new regulations will not only address crypto assets but also open new financial channels through tokenization and Web3 innovations. This move positions Pakistan alongside emerging markets like the UAE and Singapore, which have also established dedicated digital asset regulatory bodies.

According to PANews, Russia is intensifying its efforts to regulate digital assets by planning legislation to streamline the seizure process. During the 13th St. Petersburg International Legal Forum, the Russian Ministry of Justice highlighted the impact of new technologies on crime and announced that the proposed law will clarify and expedite the procedures and considerations for confiscating digital assets. Deputy Minister of Justice Vadim Fedorov stated that the legislation will categorize digital assets as seizable property. Given the unique characteristics of certain digital currencies, the proposal includes special requirements, such as the confiscation of physical devices like hardware wallets that store keys for wallets used in criminal activities. Additionally, the law would require courts to issue transaction bans. Fedorov also mentioned that experts will be involved in the process to ensure the safe seizure of digital currencies and address victim compensation claims. However, he acknowledged the challenges posed by the decentralized nature of digital assets, which makes them attractive to criminals and difficult to physically seize. The measures primarily target local threats posed by cryptocurrency-related criminal activities.

According to Foresight News, the South Korean Financial Services Commission (FSC) has finalized guidelines for the sale of virtual assets by nonprofit organizations and cryptocurrency exchanges. Starting in June 2025, nonprofits will be allowed to sell cryptocurrencies received through donations, with the requirement that these assets be liquidated immediately upon receipt. Exchanges will also be permitted to liquidate crypto assets obtained from user fees, with mandatory disclosure of the sale results and the use of proceeds. To mitigate money laundering risks, the FSC mandates that exchanges and banks enhance their Know Your Customer (KYC) procedures for new institutional clients, scrutinizing the sources of funds and the purposes of transactions. Additionally, the FSC will monitor the activities of institutions and their CEOs for potential money laundering activities.

According to BlockBeats, prediction market Kalshi has appointed Donald Trump Jr. as its strategic advisor. The company is collaborating with Elon Musk's artificial intelligence firm, xAI, to offer customized information that guides users' bets on the platform. Kalshi aims to leverage xAI's capabilities to integrate historical trend news articles, providing traders with valuable insights.Earlier this year, Kalshi's General Counsel, Eliezer Mishory, departed from the company to join Musk's government efficiency division, where he leads efforts related to the U.S. Securities and Exchange Commission.

According to BlockBeats, U.S. President Donald Trump has issued two executive orders related to cryptocurrency since taking office. Despite several deadlines passing, the government has yet to provide significant updates on its progress.Analysts from K33 suggest that the development of cryptocurrency policies remains a crucial catalyst, and participants should watch for potential developments in strategic Bitcoin reserves in the coming days. Although the deadlines for several executive orders have passed without public announcements, analysts believe that new information might emerge from the Meme Coin event hosted by Trump on May 22 and Vice President JD Vance's keynote speech at the Bitcoin 2025 conference on May 28.

According to BlockBeats, South Korean presidential candidate Lee Jae-myung has proposed the issuance of a stablecoin backed by the Korean won. This initiative aims to integrate digital currency into the national financial system, potentially enhancing economic stability and innovation. The proposal reflects a growing interest in digital currencies within South Korea, as the country seeks to position itself at the forefront of financial technology advancements.

According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the proposals submitted by 21Shares and Grayscale for XRP trust funds and Grayscale's Dogecoin trust fund ETF. The announcement was made on May 20.The SEC stated in its documentation that the delay is due to legal and policy issues related to these proposals, emphasizing that this does not imply any conclusions have been reached by the commission. Additionally, the SEC has also postponed its decision on Bitwise's proposal for an Ethereum ETF that allows staking.James Seyffart, an ETF analyst at Bloomberg Intelligence, noted that regardless of the SEC's leadership, the agency typically utilizes the full review period. He anticipates that the earliest possible approval could occur by late June or early July, though it is more likely to happen in the early fourth quarter.

According to Odaily, the U.S. Securities and Exchange Commission (SEC) announced on May 20, 2025, that it has filed a lawsuit against New York City-based Unicoin, Inc. and three of its executives. The SEC accuses them of making false and misleading statements in the issuance of certificates claiming to offer access to Unicoin tokens and common stock. The executives involved include CEO and Chairman Alex Konanykhin, former President and Chairman, now Director Silvina Moschini, and former Chief Investment Officer Alex Dominguez.The SEC alleges that Unicoin and its executives misled over 5,000 investors by claiming that their tokens were backed by billions of dollars in real estate and pre-IPO company equity, while the actual asset value was significantly lower. Additionally, the SEC states that Unicoin falsely reported sales of over $3 billion in certificates, whereas the actual amount raised did not exceed $110 million. They also falsely advertised that their certificates and tokens were registered with the SEC.The lawsuit has been filed in the U.S. District Court for the Southern District of New York. The SEC is seeking a permanent injunction, the return of ill-gotten gains, civil penalties, and a ban on the executives from serving in any capacity within the company. Unicoin's General Counsel Richard Devlin has also been charged with negligence for making similar false statements and has agreed to pay a civil penalty of $37,500.

According to PANews, U.S. Senator Cynthia Lummis recently expressed on social media platform X that the United States must take the lead globally in the digital asset sector. Her statement underscores the importance of establishing a dominant position in the rapidly evolving digital economy.

According to BlockBeats, New York City Mayor Eric Adams announced on Tuesday the formation of a digital asset advisory board aimed at bringing fintech job opportunities to the city. Speaking at a summit held at the mayoral residence, Gracie Mansion, Adams stated that the board will consist of industry experts, with the chairperson to be announced in the coming weeks.Adams emphasized that the initiative is intended to "leverage future technologies to better serve New Yorkers today." Beyond commercial interests, the city plans to explore blockchain technology for birth and death records, facilitating easier access for relatives of New Yorkers. The summit included participants from family offices and unicorn startups. Andrew Durgee, co-CEO of Republic, noted that despite regulatory challenges, his company remains in New York, while some others have left the United States.

According to BlockBeats, Cleveland Federal Reserve President Loretta Mester and San Francisco Federal Reserve President Mary Daly stated on Tuesday evening that the best course of action for the Federal Reserve is to wait before making any further policy decisions. This stance is due to the uncertainty surrounding the policies of U.S. President Donald Trump's administration.The two regional Federal Reserve presidents reiterated their position during a joint appearance at a Federal Reserve Bank of Atlanta conference. They emphasized that the ongoing uncertainty in trade policy makes it challenging to predict the economic trajectory, complicating decisions on how monetary policy should respond.

According to ShibDaily, Paul Atkins, the newly appointed Chair of the U.S. Securities and Exchange Commission (SEC), has addressed regulatory concerns surrounding the cryptocurrency sector in a recent speech. During the SEC Speaks conference, Atkins highlighted a shift in the agency’s approach to digital assets, describing it as “a new day” for the crypto industry under his leadership. He emphasized the Commission’s readiness to adapt to emerging technologies while adhering to its statutory obligations. Atkins remarked that the crypto markets have been in SEC limbo for years and revealed that he has directed staff across the SEC’s policy divisions to start developing formal rule proposals for the crypto sector. He noted that agency teams are actively working to clarify regulatory uncertainties through ongoing staff-level guidance.Before Atkins took on the role of SEC Chair, regulatory actions during the Trump administration marked a significant departure from the approach of former Chair Gary Gensler, who focused on stringent oversight of the cryptocurrency sector. Under Gensler, the Commission prioritized enforcement and tighter regulations aimed at enhancing transparency and investor protection. This year, the SEC has rolled back multiple investigations and enforcement actions targeting crypto firms, while also releasing updated guidance on meme coins and security tokens. Atkins stated that as he begins his tenure as Chairman, the SEC is returning to its roots of promoting innovation rather than stifling it. He added that the markets innovate, and the SEC should not be in the business of telling them to stand still.Looking ahead, market participants and legal analysts are closely monitoring how the Commission’s evolving stance will shape the broader digital asset landscape. As expectations shift, companies operating in the crypto space may find new opportunities to engage with regulators and seek clearer pathways to compliance. While questions remain about long-term oversight, recent developments suggest a more open dialogue could be underway. Whether this signals a lasting policy change or a temporary recalibration, the coming months will be crucial in determining how U.S. regulatory frameworks respond to the fast-paced innovation within blockchain and decentralized finance ecosystems.

According to BlockBeats, Federal Reserve official Musalem stated that while inflation has eased, it remains above the 2% target. Musalem emphasized that if inflation expectations become unstable, the Federal Reserve's policy should prioritize price stability.

According to Odaily, U.S. Securities and Exchange Commission (SEC) Chair Paul S. Atkins testified before the House Financial Services and Government Operations Appropriations Subcommittee on May 20, 2025. He emphasized the importance of prioritizing regulatory transparency and accountability, particularly in the digital asset sector. Atkins highlighted the need for rigorous cost-benefit analysis in rule-making to prevent excessive regulation from hindering market innovation. Atkins also stressed the importance of strengthening collaboration with Congress to ensure that SEC's regulatory activities align with legislative intent. He advocated for a cautious approach to digital asset regulation to avoid impeding technological progress. The SEC remains committed to its mission of protecting investors and maintaining market integrity while fostering healthy financial market development.

According to PANews, the South Korean Financial Services Commission (FSC) is set to implement stricter customer verification procedures for non-profit organizations and cryptocurrency exchanges starting in June. These entities will be permitted to sell digital assets under the new regulations. To mitigate money laundering risks, cryptocurrency exchanges and banks that provide account services for crypto transactions will be required to verify the source and purpose of funds involved in transactions with non-profit organizations and other crypto exchanges. Exchanges must check the origin and intent of received cryptocurrency deposits, while banks are tasked with verifying the proceeds from cryptocurrency sales withdrawn through verified accounts.

According to Foresight News, the Indian Supreme Court has raised concerns about the government's inadequate regulation of cryptocurrencies. The court highlighted the absence of a clear legal framework, which has led to Bitcoin transactions being viewed as informal and illegal cross-border fund transfers. Judges reminded the federal government that approximately two years ago, the Supreme Court had sought clarity on India's virtual currency policy. The judges emphasized that a complete ban on cryptocurrencies is not advisable, but some form of regulation is necessary. They noted that Bitcoin profits are subject to a 30% tax, indicating a degree of legal recognition for cryptocurrencies. The court argued that if taxation is imposed, then proper regulation should logically follow.