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According to PR Newswire, American Bitcoin (NASDAQ: ABTC) announced today that as a "Bitcoin accumulation platform" focused on building Bitcoin infrastructure in the United States, the company plans to implement a 1-for-15 reverse stock split for its common stock, which will officially take effect on July 2, 2026, at 5:00 PM.The company expects that the Class A common stock, after the reverse stock split adjustment, will resume trading on the NASDAQ Capital Market on July 6, 2026, with the trading symbol remaining ABTC.At the effective time, every 15 shares of the issued and outstanding Class A common stock will automatically combine into 1 share of Class A common stock; every 15 shares of Class B common stock will also combine into 1 share of Class B common stock, and adjustments will be made according to the fractional shares rules. Currently, the company has no Class C common stock outstanding.

According to Xinhua News Agency, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated in a blog post on the 28th that Hong Kong is not only an important channel for attracting investment but also a "key link" for mainland enterprises and products to go international, as well as a "converter" for standards and regulations between technological innovation and the international market.Paul Chan indicated that under the national "dual circulation" development strategy, Hong Kong's internationalization advantages can effectively assist mainland enterprises in connecting with global markets. The mainland's outstanding scientific and technological innovation capabilities can efficiently interact with Hong Kong's internationalization advantages, helping enterprises convert research and development results into overseas orders.At the same time, Hong Kong can introduce international long-term capital for hard technology enterprises that require "patient capital," achieving "small, early, and long-term investments" to support the growth of promising technology companies and emerging and future industries. In addition, the developing Northern Metropolis of Hong Kong aligns well with the strong entrepreneurial atmosphere in places like Xi'an, creating a positive cycle of mutual empowerment among education, technology, talent, and industry.

According to Jinshi reports, the Federal Reserve accepted a total of $6.426 billion from 8 counterparties in its fixed-rate reverse repurchase operations.

According to Jinshi, the Federal Reserve accepted a total of $5.718 billion from 6 counterparties in its fixed-rate reverse repurchase operations.

According to Jinshi, the Federal Reserve accepted a total of $4.534 billion from 7 counterparties in its fixed-rate reverse repurchase operation.

According to Jinshi, the Federal Reserve accepted a total of $6.484 billion in funds from 10 counterparties in its fixed-rate reverse repurchase operations.

According to Jinshi reports, SpaceX's stock price reversed its downward trend, rising 1% recently.

According to Bloomberg, Ghanaian cryptocurrency exchange Hyro Exchange is considering reissuing about 10% equity after completing a new round of seed financing to accelerate its expansion in Ghana and key markets in Africa. A local Ghanaian investment firm recently acquired approximately 10% equity in the company, raising its valuation to several million dollars. Hyro plans to sell an equivalent proportion of shares to overseas investors as part of its compliance expansion capital strategy. Currently, the platform has been selected for Ghana's virtual asset trading pilot project, betting on the demand for faster and lower-cost cross-border payments in Africa, which will continue to drive the growth of cryptocurrency usage.

According to SBS Biz, in the past three years, overseas remittances through cryptocurrency exchanges in South Korea have increased by 380%, while remittances through traditional banks have only grown by 20%. Last year, the total amount of foreign currency remittances from South Korea's five major banks was 159 trillion won (approximately 122 billion USD), an increase of 20% compared to 131.8 trillion won (approximately 101 billion USD) in 2022.At the same time, data from the office of Congressman Kim Sang-hoon shows that during the same period, the remittance amount through the five major won-denominated cryptocurrency exchanges in South Korea surged from 34.02 trillion won (approximately 26.2 billion USD) to 163.55 trillion won (approximately 125.8 billion USD), an increase of 380%. Dongguk University professor Hwang Seok-jin attributes the significant growth in cryptocurrency remittances to their lower transaction fees compared to banks.

According to Jinshi, the Federal Reserve accepted a total of $3.925 billion from 4 counterparties in its fixed-rate reverse repurchase operations.

According to Gate market data, the S&P 500 index futures have reversed earlier declines and are currently flat.

According to the official announcement, Gate has officially launched the USD1 on-chain staking product, further enriching the USD1 earning scenarios. Users can participate in staking with a minimum of just 1 USD1 and obtain real on-chain earnings with one click. Currently, the reference annualized yield for USD1 on-chain staking is 13.41%. In addition, the reference annualized interest rate for holding Gate USD1 is currently 8%, providing users with diversified earning options. According to DefiLlama data, the holding scale of Gate USD1 has surpassed 908 million USD.In addition to USD1, Gate also offers multi-currency on-chain staking services. As of the time of publication, the reference annualized yields are: GUSD 2.80%, BTC 2.67%, ETH 4.18%, SOL 8.01%, and USDT 3.47%. Users can flexibly participate in on-chain earning opportunities based on their asset allocation needs to obtain stable earning opportunities.

According to South Korean media SBS Biz, South Korea is considering allowing various parties, including exchanges and fintech companies, to participate in the upcoming virtual asset overseas remittance business system. This system is expected to be implemented in December this year. Relevant individuals revealed that the government has recently begun drafting the implementation details of the partial amendment to the Foreign Exchange Transaction Act and is reviewing the registration requirements for virtual asset transfer businesses.The core content of the amendment is to include cross-border virtual asset transfers within the regulatory framework of the Foreign Exchange Transaction Act, defining it as "virtual asset transfer business." Companies intending to engage in virtual asset transfer business must register with the Office of the Minister of Economy and Finance of South Korea and report relevant information through the foreign exchange computer network of the Bank of Korea when cross-border transfer transactions occur. Previously, cross-border virtual asset transactions had been outside the foreign exchange regulatory framework, raising concerns that these transactions could be used for illegal foreign exchange trading or money laundering activities. This system improvement aims to incorporate virtual asset transfer transactions into the management and regulatory system.

The Hebei High Court released typical cases of cracking down on illegal fundraising. A certain man packaged an investment project with the concept of "metaverse" to promote the virtual goods investment project of the "Newmateworks" platform under the "Yishang United Community" to the public, inducing the masses to participate in the investment. He directly introduced 19 investors who invested a total of 15.3936 million yuan in the platform, of which 1.1014 million yuan has been returned, while 14.2922 million yuan has not been returned. The court found that this case used emerging technology concepts such as "metaverse" as a cover to implement fraudulent marketing, violating national financial management laws and regulations, with a huge amount involved. The behavior constituted the crime of illegally absorbing public deposits, and Chen was sentenced to five years and four months in prison and fined.

The High Court of Hebei Province, China, released typical cases of combating illegal fundraising. A man packaged an investment project with the concept of "metaverse" to promote the virtual goods investment project of the "Newmateworks" platform under the "Yishang United Community" to the public, inducing the public to participate in the investment. He directly introduced 19 investors who invested a total of 15.3936 million yuan, of which 1.1014 million yuan has been returned, while 14.2922 million yuan has not been returned. The court found that this case used emerging technology concepts such as "metaverse" as a cover to implement fraudulent marketing, violating national financial management laws and regulations, with a huge amount involved. The behavior constituted the crime of illegally absorbing public deposits, and he was sentenced to five years and four months in prison and fined.

Wintermute stated in its latest market report that there was a significant rebound in the market last week, driven by two main factors: first, the May CPI data met expectations (year-on-year 4.2%), and there was no unexpected overheating as previously feared by the market; second, the end of the Iran conflict led to the reopening of the Strait of Hormuz, resulting in a sharp decline in oil prices.Wintermute believes that since October 2025, Bitcoin has experienced three pullbacks of over 20%, and the current drop from $83,000 to $60,000 is considered a "bear market false breakout." Currently, there has been no structural reversal in the inflows of ETFs, stablecoins, and digital asset treasury (DAT), and liquidity remains a key factor limiting the sustainability of the rebound.The report pointed out that the risk-reward ratio for BTC around $60,000 is attractive, but the bottom has not yet been confirmed, and the possibility of further probing down to the $50,000 range cannot be ruled out.

Zelle operator Early Warning Services announced that India will be the first country for U.S. users to remit money to overseas friends and family through Zelle, with the service expected to launch by the end of this year. The company also introduced its own dollar-backed stablecoin ZelleUSD (ZLUSD) to support future international payment capabilities in other markets, with more details to be announced in the coming months. Early Warning Services is jointly owned by seven U.S. financial institutions, including Bank of America, JPMorgan Chase, and Wells Fargo.

According to Bitcoin Magazine, El Salvador is continuously optimizing its immigration system to attract high-net-worth foreign talent and capital (including families). According to Decree No. 531, effective March 31, 2026, the residency requirement for temporary residents has been reduced from a mandatory stay of 9 months per year to a cumulative or continuous stay of only 90 days per year. This adjustment is primarily aimed at entrepreneurs, investors, and remote workers who need to frequently cross borders.El Salvador offers one of the most attractive tax systems in Latin America for individuals with foreign-source income. The country implements a territorial tax system, meaning that only income generated within El Salvador is subject to taxation. A significant income tax reform in 2024 further clarifies that both residents and non-residents can be exempt from income tax on their foreign-source income. This means freelancers, remote workers (such as content creators, developers, and entrepreneurs with foreign income) can enjoy a 0% income tax rate in El Salvador on their overseas income, with no limits on the amount.Additionally, under the country's laws, capital gains related to Bitcoin are not taxed, and the country does not impose wealth tax, inheritance tax, or gift tax. The real focus is whether the individual's country of origin recognizes this arrangement; because most countries typically do not easily relinquish their taxing rights over their tax residents and often conduct strict scrutiny and recovery on tax residency issues.

According to monitoring by Blockaid, a key leakage incident occurred on the cross-chain bridge of MILC Media Metaverse on BNB and Ethereum. The attacker exploited a historical bridge administrator wallet to grant administrator privileges to an EOA address they controlled, subsequently extracting MLT tokens from the bridge contract and transferring the administrator control of the cross-chain bridge to the attacker's wallet.Currently, the attacker has obtained approximately 97,003 USDT on BSC and transferred about 39.21 ETH on Ethereum through Rhino.fi, with total losses amounting to approximately $161,000.

According to a Securitize announcement, the U.S. Securities and Exchange Commission (SEC) has announced that its Form S-4 registration statement for the merger transaction with SPAC company Cantor Equity Partners II has officially become effective. This means that Securitize's listing process has made significant progress, and CEPT shareholders will hold a special meeting on June 29, 2026, to vote. If approved, the transaction is expected to be completed shortly thereafter.After the transaction is completed, the merged company is expected to operate under the name "Securitize Corp." and be listed on the New York Stock Exchange with the stock ticker "SECZ."