ChainCatcher news, according to crypto journalist Eleanor Terrett, despite a temporary divergence on Sunday, the amendment to the "Beautiful Act" concerning cryptocurrency taxation continues to be reviewed today.It is reported that the White House has intervened in this matter, pushing to include key provisions proposed by Senator Cynthia Lummis (the sponsor of the Bitcoin Reserve Act) in the final version of the bill.

ChainCatcher message, Kraken announced on platform X that xStocks is now live on the Kraken platform, with 60 U.S. stocks tokenized and available for trading 24 hours a day, 5 days a week. More stocks are coming soon.Note: This service is not available to individuals in the United States or to U.S. persons, and there are geographic restrictions.

ChainCatcher news, the Securities and Exchange Commission (SEC) of Thailand has announced the launch of a public consultation on new regulations for the listing of digital assets, with the opinion collection period lasting until July 21, 2025.The new regulation proposal allows exchanges to list digital tokens issued by themselves or their affiliates, while requiring stricter information disclosure to prevent insider trading. The new rules also require the disclosure of information related to personnel associated with the token issuer and the marking of warning symbols in the reporting system to enhance market supervision.

ChainCatcher news, according to Jinshi Data, Credit Mutuel Asset Management strategist Francois Rimeu stated in a report that the key issue for the Federal Reserve's meeting this week is the revision of economic forecasts and the dot plot. The expected adjustments related to economic policy developments should reflect a slowdown in growth, inflation being more persistent than expected, despite some surprising developments in recent months, and a weakening labor market. Against the backdrop of stagflation risks and high uncertainty, the Federal Reserve may reiterate its cautious stance. Therefore, as long as hard data does not clearly demonstrate that easing policies are warranted, the Federal Reserve will delay any new rate cut measures. In line with market expectations, the strategy anticipates that the Federal Reserve will maintain the key interest rate this week.

ChainCatcher news, according to Iran's state television, Iran will continue its nuclear activities following the Israeli airstrikes.

ChainCatcher news, according to Jinshi reports, Israeli national television shows that Israel has attacked the Iranian Natanz nuclear facility again.

ChainCatcher news, according to Jinshi Data reports, Iranian state television stated that General Salami, the commander of Iran's paramilitary Revolutionary Guard, may have been killed in an Israeli attack. The television also added that another senior guard official and two nuclear scientists may also have died.

ChainCatcher news, according to CoinDesk, earlier today the U.S. Senate confirmed that Federal Reserve Governor Michelle Bowman has been promoted to Vice Chair for Supervision. The new Vice Chair will have a say in both the banking access for cryptocurrencies and the issuance of stablecoins. The position of Vice Chair for Supervision was established after the 2008 global financial crisis to help the Federal Reserve focus on its regulatory responsibilities, distinct from its more well-known role in managing U.S. monetary policy.The banking sector has always been a pain point for the cryptocurrency industry. Previously, the Federal Reserve and the other two major banking regulators took a highly cautious approach to the crypto space, but in April of this year, they lifted previous restrictions on banks providing services to the crypto industry. The Federal Reserve's potential regulatory role for stablecoin issuers remains unclear, and related regulatory legislation is still under discussion.Republican lawmakers are working to exclude the Federal Reserve from stablecoin regulatory responsibilities, but the latest legislation under consideration still stipulates that the Federal Reserve will regulate stablecoins issued within banks and assess whether foreign regulatory bodies are adequately equipped to handle issuers outside the U.S.

ChainCatcher news, as South Korea gradually lifts the de facto ban on institutional cryptocurrency trading, the non-profit organization World Vision Korea has become the first non-retail investor to sell cryptocurrency assets after the ban was lifted. The organization sold 0.55 ETH (approximately $1,396.5) on the local exchange Upbit on Sunday, with the transaction announced by Upbit's parent company Dunamu.The South Korean Financial Services Commission (FSC) previously announced that starting from June 1, eligible non-profit organizations and registered exchanges can sell held cryptocurrency assets on local trading platforms, with sources including donations and fee income. The FSC also plans to further open trading permissions for listed companies and professional investment institutions in the second half of 2025.This Tuesday, South Korea will hold a presidential election, with all three main candidates promising to develop the cryptocurrency asset industry and support the launch of the first spot cryptocurrency ETFs.

ChainCatcher news, investment bank Clear Street announced the expansion of its blockchain and digital assets division, appointing Nakul Mehta and Collin Finnerty as managing directors to lead the business in cryptocurrency, blockchain, Web3, and digital asset platforms.Clear Street aims to provide institutional-level consulting services at the intersection of traditional finance, blockchain, and digital assets. The division will offer services including listing strategies, cryptocurrency treasury strategies, mergers and acquisitions, and strategic partnerships. Clear Street CEO Ed Tilly stated that this expansion will complement its global brokerage platform, providing financing, derivatives, and sales trading services.

ChainCatcher news, according to crypto reporter Eleanor Terrett, the Senate has received a text of the bipartisan amendment to the stablecoin "GENIUS Act." According to two Senate sources familiar with the matter, the amendment includes new changes regarding consumer protection, bankruptcy, and ethics.

ChainCatcher News: The U.S. Senate plans to pass the "National Innovation Stablecoin Guidance and Establishment Act" (GENIUS Act) as early as May 26. This bill aims to establish a federal regulatory framework for stablecoins. Previously, Democrats had blocked its advancement on May 8 due to concerns that the bill could allow former President Trump and his family to benefit from cryptocurrency projects. To reach a consensus, the bill has removed provisions targeting the Trump family.

ChainCatcher news, new U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced on Monday that the agency will undergo significant changes in its approach to cryptocurrency regulation and outlined details involving issuance and custody. Nominated by President Trump, Atkins articulated these plans during the SEC's fourth cryptocurrency task force roundtable, demonstrating a starkly different approach to digital asset regulation compared to the previous administration."SEC is ushering in a new day," Atkins said. "Policy-making will no longer rely on ad hoc enforcement actions. Instead, the Commission will utilize its existing rule-making, interpretive, and exemption authorities to set standards suitable for market participants."Atkins stated on Monday that he plans to develop guidelines for assets considered securities or "subject to investment contracts." He criticized the previous approach by Gensler, which required companies to visit the SEC, calling it a "ostrich policy—perhaps hoping that cryptocurrency would disappear." "It claims to be willing to talk to potential registrants, 'just come visit,' but that is at most empty rhetoric, more often hypocritical, as the SEC has not made the necessary adjustments to the registration forms for this new technology," he said.Atkins also hinted that custody rules may need updating to allow funds and advisors to engage in self-custody under certain conditions and revealed that the agency may take a new approach to its "special purpose broker-dealer framework." Atkins indicated that the SEC may also consider whether to provide exemption relief for participants looking to bring new products to market. "I want to explore whether conditional exemption relief applies to registrants and non-registrants seeking to launch new products and services that may be incompatible with the current Commission rules and regulations," he said.

ChainCatcher news, according to Matrixport's analysis report today, Ethereum has recently achieved a surge of over 60%, primarily due to the simplified vision and technical upgrades proposed by Vitalik. On May 3, Vitalik presented a simplified vision for Ethereum Layer 1 centered around "clarity" and "security," where EIP-4850 introduces a revenue-sharing mechanism with Layer 2, helping Ethereum capture value from L2 activities; EIP-7691 reduces L2 transaction fees by expanding data block capacity, enhancing operational efficiency and attracting more on-chain transactions back to the mainnet.Additionally, the report points out that Ethereum's recent liquidation scale has surged to $221 million, a phenomenon that typically occurs during market downturns rather than during price increases.

ChainCatcher news, according to a post by Nick Tomaino, founder of 1confirmation, on the X platform, those who say ETH can never replace BTC lack self-awareness.Today, it is Ethereum that realizes the vision of Satoshi Nakamoto and the pioneers of cryptopunk: empowering billions of people through decentralized products. Stablecoins, decentralized exchanges, decentralized lending, NFTs, prediction markets, and decentralized social networks are all crucial to achieving this goal. In addition, ETH is also a scarce and trustless neutral store of value, with the potential for broader distribution as billions of people use new use cases.Of course, BTC, as a scarce, trustless neutral, internet-native store of value, is outstanding for the world and is one of the most influential products to date.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the U.S. Senate Banking Committee has voted to approve the nomination of Michelle Bowman as the next Vice Chair for Supervision at the Federal Reserve (13 to 11), and her nomination has now been submitted to the full Senate for consideration.It is reported that Michelle Bowman has expressed a more open attitude towards digital assets and their future in the financial system, and has urged state and federal governments to establish partnerships to jointly regulate stablecoins, while lawmakers are drafting related legislation.

ChainCatcher news, according to Bloomberg, senior IRS official Trish Turner will take over as head of the Digital Assets Office. Trish Turner has served at the IRS for over 20 years and previously worked as a senior advisor in the Digital Assets Office.Previous news, two key crypto project leaders at the IRS, Seth Wilks and Raj Mukherjee, left last Friday to accept the government's proposed "DOGE Deferred Departure Program." Both came from the crypto industry and joined the IRS in 2024 to develop crypto tax policies and lead the development of the new 1099-DA tax form.