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According to an official statement from Anthropic, on June 11 local time, the U.S. government issued an export control directive citing national security, requiring the suspension of access to Fable 5 and Mythos 5 for all foreign nationals. Anthropic was forced to shut down the aforementioned two models for all users.The government believes it has discovered a "jailbreak" method to bypass the protective mechanisms of Fable 5, but Anthropic, after review, pointed out that the related vulnerability is relatively minor and that similar capabilities exist in other publicly available models such as OpenAI GPT-5.5, which does not constitute an exclusive risk to Mythos.Anthropic stated that it will comply with the government directive but clearly opposes taking down commercial models that have been deployed to hundreds of millions of users based on the discovery of a single narrow-range jailbreak. They warned that if this standard is widely applied in the industry, it would effectively block all new deployments of cutting-edge models. The company is currently actively communicating with the government to restore access as soon as possible.

Investment bank TD Cowen analyst Lance Vitanza reiterated a buy rating on Bitcoin treasury company Strategy (MSTR), with a target price of $400.

According to The Kobeissi Letter, global investors are selling Korean stocks at an unprecedented pace. On Monday, foreign capital sold another $801 million worth of Kospi components, with a total outflow of $10 billion last week, and a net selling trend observed every trading day over the past month.According to Goldman Sachs data, foreign capital has cumulatively sold $75 billion worth of Korean stocks this year. In stark contrast, domestic retail and institutional investors have net bought $69 billion during the same period.

According to IOL, the High Court of Gauteng Province in South Africa ruled that Bitcoin falls under "capital" and "currency" within the South African foreign exchange control system, and ordered the confiscation of nearly 6 million rand worth of Bitcoin assets. The court determined that a trader transferred nearly 1,680 Bitcoins to a wallet accessible only through an overseas registered cryptocurrency exchange via their Luno account between January 2018 and March 2020, which amounted to exporting capital abroad without approval from the Treasury, violating foreign exchange control regulations.Meanwhile, the South African Treasury released a draft consultation on capital flow management for 2026 last month, aimed at modernizing the management of cross-border capital flows by reducing pre-approval for transactions, strengthening reporting, and monitoring high-impact, high-risk cross-border transactions.

The State Council of China has issued the "Regulations on Foreign Investment," which will take effect on July 1, 2026. China supports investors in conducting foreign investment activities based on market principles and actively participating in international cooperation and competition.Investors have the autonomy for foreign investment according to the law, making independent decisions, bearing risks, and assuming profits and losses. Investors engaging in foreign investment and related activities must comply with laws and regulations as well as international practices, respect local customs and cultural traditions, adhere to business ethics, act honestly and with integrity, compete fairly, fulfill social responsibilities, maintain the national image, and must not disrupt market competition order, damage the ecological environment, or infringe upon the legitimate rights and interests of workers. They must not endanger China's national security, harm national interests, or the public interest of society.

According to Xinhua News Agency, Salimi, a member of the Iranian Parliament's presidium, stated that Iran's plan to "exercise sovereign jurisdiction" over the Strait of Hormuz is about to be approved by the parliament and is expected to be passed in the form of permanent legislation.According to the Iranian Students' News Agency, Salimi said that only Iran and Oman have the right to make decisions regarding the management of the Strait of Hormuz. The Iranian side has communicated with Oman, and Oman has also expressed preliminary agreement, with the relevant plan expected to be finalized soon.

According to crypto journalist Eleanor Terrett, U.S. Treasury Secretary Scott Bessent reiterated today that a central bank digital currency (CBDC) will not be launched during the Trump administration. However, the House of Representatives has passed the "ROAD to Housing Act," which only includes a temporary ban on the Federal Reserve issuing a CBDC, set to expire in December 2030. The bill has not yet passed in the Senate.Senate Republican leader Thune stated that pushing for a permanent ban may face resistance from Democrats. Some House Republicans believe that the expiration of the ban may reopen the space for the Federal Reserve to explore a CBDC. Fed Chairman Kevin Warsh stated that as long as he has the authority to stop it, he will not allow the Fed to advance a CBDC.

According to CoinDesk, the total market value of stablecoins has reached $322 billion, surpassing the foreign exchange reserves of over 95 countries. The amount of fiat currency held by users through non-traditional banking channels has now exceeded the official foreign exchange reserves of Poland, Thailand, Mexico, as well as the UK, Canada, UAE, and 95 other countries. Currently, only 14 countries/regions have foreign exchange reserves that exceed the market value of stablecoins.Stablecoins are widely used for cryptocurrency trading, DeFi settlements, and cross-border payments. The Bank for International Settlements report indicates that cross-border stablecoin flows have significantly increased since 2022, particularly active in regions with high inflation and severe exchange rate fluctuations. However, the BIS also warns that stablecoin trading may trigger capital outflows, putting vulnerable domestic currencies under depreciation pressure.

The China Securities Regulatory Commission has filed an investigation and issued a prior notice of administrative punishment against TigerBrokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited for illegal securities business operations by relevant entities both domestically and abroad.According to the notice, the relevant entities of Tiger, Futu, and Changqiao conducted securities trading marketing, processed trading instructions, and provided related securities business services to obtain relevant income without the approval of our commission and without obtaining the licenses for securities brokerage business and securities financing and margin trading business, violating the provisions of Article 120 of the Securities Law, thus constituting illegal operation of securities business.In accordance with the provisions of Article 202 of the Securities Law, Article 136 of the Securities Investment Fund Law, and Article 132 of the Futures and Derivatives Law, our commission intends to decide to confiscate all illegal gains of the relevant entities of Tiger, Futu, and Changqiao, and impose severe penalties according to the law. The parties involved have the right to make statements, defend themselves, and request a hearing regarding the administrative penalties to be imposed. Our commission will fully listen to the opinions of the parties involved before making an administrative penalty decision in accordance with the law.

According to Bits.media, Ivan Chebeskov, the Deputy Minister of Finance of Russia, stated that the final version of the government's cryptocurrency market regulation bill will retain the ban on transfers from Russian custodial wallets to non-custodial foreign wallets. More lenient conditions will only apply to participants in foreign trade activities, namely importers. Chebeskov mentioned that after the law comes into effect, the effectiveness of the new regulatory system will be analyzed, and in the future, the use of non-custodial wallets may be allowed in an experimental mode. The final version of the bill will be ready next week, and the Deputy Minister hopes it can be passed before the end of the State Duma's spring session.Previously, the Duma's Financial Market Committee opposed the central bank's stance on banning transfers to non-custodial wallets and proposed providing judicial protection for all cryptocurrency asset holders. The bill was passed in the first reading on April 21, stipulating that starting July 1, Russians and companies can only purchase digital assets through licensed intermediaries, and access to foreign cryptocurrency platforms must go through a list approved by the central bank, prohibiting access to exchanges that impose sanctions on Russia.

U.S. Senator Cynthia Lummis from Wyoming stated, "No rules do not mean no harm, but rather mean no recourse," and reiterated her push for the Clarity Act legislation over the years, emphasizing that the bill aims to provide a clear regulatory framework for the development of digital assets within the United States.

According to CoinDesk, bipartisan lawmakers Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey jointly reintroduced the "Digital Asset Protection, Accountability, Regulatory, Innovation, Taxation, and Revenue Act" (also known as the "Equality Act") this Wednesday. The new version of the bill mainly covers the following points: first, it stipulates that regulated payment stablecoins do not generate gains or losses if the cost basis is not less than 99% of the redemption value; second, it establishes a safe harbor for broker-dealer transactions or taxpayer account transactions; third, it clarifies that "wash sale" rules apply to digital assets; fourth, it requires the IRS to assess the current tax burden of small cryptocurrency transactions and to study the feasibility of establishing a tax exemption for transactions under $200 and the potential risks of abuse.The cryptocurrency industry has long advocated for tax exemptions on small transactions to promote the use of cryptocurrencies in everyday payment scenarios. Lawmaker Horsford stated that tax policy is the foundation of the cryptocurrency regulatory framework, and that current tax laws have not clearly addressed many core issues related to digital assets.

According to Bits.media, the Central Bank of Russia aims to prohibit Russian citizens from trading on cryptocurrency exchanges that comply with international sanctions. Ekaterina Lozgacheva, head of the Central Bank's Strategic Development Department, stated that the Central Bank plans to ban Russians from trading on foreign cryptocurrency exchanges that adhere to international sanctions. Russians can only trade cryptocurrencies on foreign platforms through Russian brokers, provided that these foreign platforms do not comply with international sanctions.The country's central bank will establish its own standards for foreign platforms that Russian brokers and investors can use. Lozgacheva noted that even trading cryptocurrencies abroad through Russian intermediaries is subject to foreign regulation, posing additional risks. The annual purchase limit for non-professional investors is set at 300,000 rubles, and they can only access the most liquid cryptocurrency assets through domestic brokers. A test must be completed before trading, and qualified investors are not subject to the limit but must also undergo testing. Relevant restrictions will be included in the second reading version of the draft "Digital Currency and Digital Rights Law," with key provisions expected to take effect on July 1.

According to CoinPost, the Financial Services Agency of Japan announced a cabinet order amendment, officially recognizing foreign trust beneficiary rights that are "equivalent" to Japan's electronic settlement system as electronic settlement methods under the Fund Settlement Act. The amendment will take effect on June 1.This revision clarifies: first, it establishes a legal basis for qualified foreign trust-based stablecoins to provide services within Japan; second, it stipulates that electronic settlement method operators should use equivalence with the Japanese system as the eligibility criterion when handling foreign electronic settlement methods. At the same time, relevant foreign trust beneficiary rights will be excluded from the Financial Instruments and Exchange Act's securities and will only be regulated as electronic settlement methods.The Liberal Democratic Party of Japan has officially approved the "AI + Blockchain Finance" proposal, supporting yen stablecoins and tokenized deposits.

On May 19, the Financial Services Agency of Japan announced the revised Cabinet Office Ordinance related to electronic payment methods and transaction operators, clearly including trust beneficiary rights established under foreign laws that are equivalent to the Japanese system within the scope of electronic payment methods under Japan's Fund Settlement Act, providing a legal basis for the compliant circulation of trust-type stablecoins issued by specific foreign entities within Japan. The new regulations will take effect on June 1, 2026, and also clarify that the relevant foreign trust beneficiary rights are not considered securities under the Financial Instruments and Exchange Act.

Abu Dhabi sovereign wealth fund Mubadala has increased its IBIT holdings to nearly $660 million worth of Bitcoin ETF shares.