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ChainCatcher, regarding the incident of OKX employees leaving to join Binance, OKX founder Star tweeted that over the past few years, many excellent OKX colleagues have joined other companies in the industry, including Yuki. We are proud of them for gaining recognition and favor from competitors, and we sincerely wish them success in their future development.OKX has hundreds of former employees from BN, including regional CEOs, product leaders, technical leaders, and many outstanding business and functional colleagues. They have brought valuable experience, perspectives, and input to OKX and have made significant contributions to the company's development. More importantly, they have deeply integrated with the OKX team and become part of OKX's culture and success. We have never treated this matter as marketing material to hype up.Talent mobility within the industry is a normal phenomenon and a sign of industry maturity. What truly matters is not where people come from, but whether they can continuously create value. Of course, for the very few who violate laws, business integrity, and professional ethics, we will take resolute measures and legally protect the company's legitimate rights and interests."A company that constantly talks about its vision, where the founder even in writing a book does not forget to heavily belittle former employees including the former CFO and former Asia head, is often the one with the least vision," Star said.Previously, according to RootData, former VIP account manager of OKX Yuki left to join Binance as a key account manager, sparking discussions among many crypto KOLs such as KuaiDong.

According to monitoring by Catcher Predict, in the predicted market event "Philadelphia Phillies vs. Milwaukee Brewers" on Polymarket, the win rate of the sub-market "O/U 8.5" for the "Over" option has experienced a sharp fluctuation, dropping from 43.5% an hour ago to the current 19.5% (a fluctuation of 24%). Please note the impact of related breaking news.

Stand With Crypto's UK branch has initiated action, calling on banks to lift restrictions on transfers to cryptocurrency exchanges, arguing that such practices conflict with the UK's goal of becoming a global digital asset hub.The organization stated that about 40% of banks in the UK have blocked or delayed transactions to cryptocurrency exchanges, and 80% of exchanges reported a significant increase in trading resistance from customers over the past year. Some exchanges have even experienced nearly £1 billion in transaction cancellations within a year due to banks refusing to process transfers.Stand With Crypto UK plans to mobilize over 286,000 registered cryptocurrency advocates in the UK to submit formal complaints to their respective banks. The organization stated that users should not be unable to access legitimate asset classes due to banks imposing "one-size-fits-all" restrictions on the entire industry.

According to monitoring by Catcher Predict, in the predicted market event "Milwaukee Brewers vs. Athletics" on Polymarket, the win probability for the "Athletics" option in the sub-market "Spread -3.5" has experienced significant fluctuations, rising from 11.5% an hour ago to the current 36% (a fluctuation of 24.5%). Please note the impact of related breaking news.

The UK Financial Conduct Authority proposed in its quarterly consultation document to allow certain approved investment funds (including UCITS funds and some non-UCITS funds) to hold up to 10% of cryptocurrency exchange-traded notes. This proposal aims to align approved funds with investor demand while ensuring adequate consumer protection.The UK Financial Conduct Authority stated that, given the speculative nature of the underlying crypto assets, it is inappropriate to allow retail-focused funds to have significant risk exposure to crypto products, and the 10% cap will set a conservative limit. Additionally, the UK Financial Conduct Authority is publicly consulting on whether non-regulated and qualified investor schemes can invest in more speculative assets without a holding limit; this public consultation will last for five weeks until July 13.

According to monitoring by Catcher Predict, in the predicted market event "Milwaukee Brewers vs. Athletics" on Polymarket, the win probability for the "Milwaukee Brewers" option in the sub-market "Milwaukee Brewers vs. Athletics" has experienced severe fluctuations, dropping from 54.5% an hour ago to the current 19.5% (a fluctuation of 35%). Please note the impact of related breaking news.

According to The Block, the UK's Financial Conduct Authority (FCA) has proposed allowing authorized investment funds (including UCITS schemes and most non-UCITS retail schemes) to allocate up to 10% of their assets to cryptocurrency exchange-traded notes (ETNs).This proposal is included in the FCA's 52nd quarterly consultation document, and the public and institutions have five weeks to submit their opinions, with a deadline of July 13. The FCA stated that this move aims to bridge the regulatory gap between individual retail investors and authorized funds. Since the FCA lifted the four-year retail ban on cryptocurrency ETNs in August 2025, individual investors can directly invest in ETNs, but funds were previously still subject to an "effective ban."The FCA emphasized that the 10% cap is deliberately set, as exceeding this ratio could force funds to be reclassified as restricted public investment products, affecting their retail fund status. In the proposal, professional and qualified investor schemes are not subject to the cap; long-term asset funds and non-UCITS retail schemes operating in the form of alternative investment funds will be excluded.The FCA pointed out that cryptocurrencies do not align with the investment objectives of these funds. From the industry perspective, the Investment Association supports the proposal, believing that acquiring crypto assets through regulated listed products is manageable in terms of risk, and the 10% cap helps manage fund risk. Fund managers must ensure that their holdings are consistent with the investment objectives and risk characteristics disclosed by the fund and disclose significant cryptocurrency ETN holdings.The FCA emphasized that it is not currently considering allowing authorized funds to directly hold cryptocurrency assets for investment and will make a decision after assessing the impact of the upcoming cryptocurrency asset regulatory framework and client asset protection rules.

On June 5, local time, the High Court of England held a procedural hearing regarding the asset disposal related to the Qian Zhiming case. Regarding approximately 60,000 bitcoins and other assets involved in the case, about 16,000 Chinese victims have registered through multiple UK law firms to participate in the civil recovery process under the UK Proceeds of Crime Act. The registration window closed on May 22.An important topic of this hearing was how multiple law firms would share the common litigation costs. The judge ultimately decided that each law firm would pay their corresponding share of £190,000 into the court account based on the number of victims they represent, with a deadline of June 26 at 4 PM. A special hearing to determine the "legal applicability issue" of whether Chinese victims can claim ownership of the assets involved will be held in July.

According to monitoring by Catcher Predict, in the predicted market event "Milwaukee Brewers vs. Colorado Rockies" on Polymarket, the "Over" option in the sub-market "O/U 10.5" has experienced a drastic fluctuation in win probability, dropping from 53.5% an hour ago to the current 21% (a fluctuation of 32.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "San Francisco Giants vs. Milwaukee Brewers" on Polymarket, the option "San Francisco Giants" in the sub-market "Spread -2.5" has experienced a dramatic fluctuation in winning probability, soaring from 73.5% an hour ago to the current 97% (a fluctuation of 23.5%). Please note the impact of related breaking news.

According to PR Newswire, institutional-grade digital asset data and software provider Lukka announced the acquisition of data provenance and compliance platform PEER DATA. Lukka primarily provides auditable digital asset pricing, classification, and market intelligence for funds, custodians, banks, and exchanges; PEER DATA achieves contract digitization, data usage measurement, and end-to-end traceability through its Data Book of Record (DBOR) platform and patented Daisy Chain technology.After the merger, both parties will provide financial institutions with a "control layer" covering digital assets and a broader range of data assets, uniformly supporting pricing, classification, proof of origin, licensing, and governance, while continuously expanding to scenarios such as on-chain assets and AI data consumption. The new company will continue to operate under the Lukka brand, headquartered in New York, with existing customer service unchanged.

According to monitoring by Catcher Predict, in the event "Women's Singles: Kostiuk vs. Andreescu" on the prediction market Polymarket, the probability of the sub-market "Match Completed" for the "Yes" option has experienced significant fluctuations, dropping from 93% an hour ago to the current 76% (a fluctuation of 17%). Please note the impact of relevant breaking news.

According to a report by Reuters, Reform UK, led by Nigel Farage, raised £9.3 million in the first quarter of 2026, surpassing the fundraising scale of major UK political parties for the third consecutive quarter, with some of the funds coming from large donations by cryptocurrency investors.

According to a report titled "Stablecoins: Waiting for Regulation" released by the UK House of Lords Financial Services Regulatory Committee, the global market capitalization of stablecoins has exceeded $310 billion, but the UK pound stablecoin market is still in its infancy, and the construction of the regulatory framework is clearly lagging behind the United States (GENIUS Act) and the European Union (MiCAR).The report criticizes several aspects of the current regulatory proposals from the UK Financial Conduct Authority (FCA) and the Bank of England, focusing on:• The Bank of England's requirement for systemic stablecoin issuers to deposit at least 40% of reserve assets in non-interest-bearing central bank deposits, which the industry believes will severely harm issuers' profitability and the international competitiveness of the UK market;• The proposed holding limits (individual £20,000, corporate £10 million) are considered extremely difficult to implement and may stifle the development of the pound stablecoin market;• The T+1 redemption requirement will impose a significant operational burden on issuers;• The Prudential Regulation Authority (PRA) restrictions on deposit-taking institutions issuing stablecoins under independent brands are deemed overly stringent.The report also acknowledges the liquidity support loan mechanism proposed by the Bank of England, considering it an innovative regulatory measure that surpasses other major jurisdictions. The committee calls on regulatory agencies to strictly adhere to the established timeline, ensuring that the complete regulatory framework comes into effect as scheduled on October 25, 2027, and recommends adopting a principle-based, technology-neutral regulatory approach to achieve a reasonable balance between financial stability and market innovation.

According to The Block, the UK's House of Lords Financial Services Regulatory Committee pointed out that the UK is lagging behind the US and the EU in stablecoin regulation.The committee urged the Bank of England and the Financial Conduct Authority (FCA) to revise several proposals, including reconsidering the holding limits of £20,000 for individuals and $10 million for businesses, the 40% zero-interest central bank deposit reserve requirement, and restrictions on commercial bank issuance. It also suggested that the FCA review the k-factor capital requirements scaled by issuance rather than risk.

According to Reuters, the UK's Financial Conduct Authority (FCA) has warned football clubs, including Premier League clubs, that entering into sponsorship agreements with unauthorized cryptocurrency companies and trading platforms may expose clubs to legal liabilities, money laundering risks, and reputational damage.The FCA stated that some unlicensed cryptocurrency businesses operating in the UK are reaching large fan bases through football sponsorships, potentially violating UK financial promotion rules. The regulatory body has contacted some clubs regarding these partnerships and urged them to strengthen due diligence on their partners.Lucy Castledine, the FCA's Director of Consumer Investments, stated that millions of fans trust club brands, and clubs should not allow unauthorized financial institutions to exploit this trust to promote potentially risky products to fans. UK Sports Minister Stephanie Peacock also stated that while sponsorship revenue is crucial for the football industry, fans have the right to know whether the companies partnering with clubs are safe, responsible, and compliant.

According to monitoring by Catcher Predict, in the predicted market event "San Francisco Giants vs. Milwaukee Brewers" on Polymarket, the "Milwaukee Brewers" option in the sub-market "Spread -3.5" experienced a sharp fluctuation in winning probability, dropping from 58.5% an hour ago to the current 32% (a fluctuation of 26.5%). Please note the impact of related breaking news.

According to CoinDesk, the UK House of Lords Financial Services Regulatory Committee has called on the Bank of England to reconsider the proposed limits on stablecoin holdings in its latest report. The committee suggested that rather than imposing a holding cap in advance, it would be better to monitor market growth and only implement restrictions when financial stability risks clearly necessitate it. The Bank of England had previously proposed a holding limit of £20,000 for individuals and £10 million for businesses for each stablecoin. The report also questioned the rules on reserve assets, stating that this could have a significant impact on the commercial viability of UK stablecoin issuers. The Deputy Governor of the Bank of England acknowledged last month that the proposed holding limits and reserve requirements were "too conservative" and stated that they are exploring other ways to manage the risks associated with stablecoins.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Roland Garros WTA: Elina Svitolina vs. Marta Kostyuk," the "Over" option for the sub-market "Roland Garros WTA: Elina Svitolina vs. Marta Kostyuk total games greater than 21.5" has experienced a dramatic fluctuation in winning probability, soaring from 52.5% an hour ago to the current 97.45% (a fluctuation of 44.95%). Please note the impact of related breaking news.

According to GlobeNewswire, global insurance and risk management giant WTW announced the acquisition of the digital asset insurance platform Redefind to strengthen its digital asset protection service layout.According to the disclosure, Redefind provides an end-to-end cryptocurrency and digital asset insurance access platform. WTW plans to first launch a non-custodial loss recovery insurance scheme in the UK to support forensic investigations, asset tracking, and legal recovery related costs for digital assets that are stolen or lost.