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Japan's financial group SBI Holdings announced the official issuance of the yen stablecoin JPYSC, with the first issuance completed. This stablecoin is managed by SBI Shinsei Trust Bank for reserve asset management, while the licensed cryptocurrency trading platform SBI VC Trade is responsible for circulation and distribution. SBI stated that JPYSC is Japan's first yen stablecoin managed by a trust bank and is also the first to be recognized as a "similar product to electronic payment means" under the Payment Services Act. Unlike the previously launched fund transfer-type stablecoins in Japan, JPYSC is not subject to a single transaction and account balance limit of 1 million yen.SBI expects that JPYSC will attract retail and institutional users with lower transaction costs and the ability to support large transactions, and it can serve as the yen-based asset for on-chain foreign exchange markets, institutional lending, and RWA (real-world asset) tokenized settlements. Currently, JPYSC is only available to SBI VC Trade account holders, with plans to expand its usage after regulatory and tax frameworks are further clarified. SBI also plans to launch JPYSC lending services.In recent years, Japan has been continuously promoting compliant stablecoins to integrate into the mainstream financial system. Following the approval of JPYC in 2025 as Japan's first legally recognized yen stablecoin, Japan's three major banks—Mitsubishi UFJ Bank (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank—are also jointly advancing stablecoin projects, with plans to launch commercial trading in the fiscal year 2026.

Cryptocurrency payment company Alchemy Pay announced that it has obtained a Money Transmitter License in the state of Illinois, USA. As a key state with Chicago, a global financial center, Illinois is regarded as an important market for the development of fintech and digital assets in the United States. With this approval, the number of state-level remittance licenses held by Alchemy Pay in the U.S. has increased to 18, further strengthening its compliance operational capabilities in the core U.S. market and supporting the development of its stablecoin payment public chain, Alchemy Chain.

According to the Korea Economic Daily, at least seven companies, including Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, have submitted proposals to bid to become the first private custodian of virtual assets seized by the Korean National Police Agency. Other bidders include major custodians Korea Digital Asset (KODA), Korea Digital Asset Custody (KDAC), BDACS, Hecto Wallet One, Infinite Block, and DSRV.An official from a virtual asset custody institution explained that the selection results may be finalized next month. The official pointed out that in a previous pilot project conducted for the National Tax Service, the winning bidder was determined within one to two weeks after the proposal presentation concluded.

According to Jinshi reports, the USD/JPY has briefly dropped nearly ten points, currently reported at 161.66.

Binance Co-CEO He Yi posted on X stating, "Zhu Pan once impersonated others to scam me unsuccessfully, and also impersonated me to scam Brother Sun." Tron founder Justin Sun immediately retweeted in response, saying, "This is absolutely true, the industry should collectively resist such fraudulent behavior and bring it to justice."Meanwhile, CoinUp's official statement regarding recent market discussions about the platform and CPX stated that Zhu Pan is not the operator of the CoinUp platform and does not participate in the core operations of the platform; his identity is merely that of a project party for a project launched on the CoinUp platform. Regarding the recent significant short-term price fluctuations of CPX/USDT, CoinUp stated that it is mainly due to concentrated selling pressure from the market, and the specific reasons are currently being investigated and verified. The platform emphasized that after a comprehensive security check, it has not suffered from hacker attacks or system vulnerabilities, and user asset security and account data integrity are intact, with functions such as deposits, withdrawals, and trading operating normally.

According to The Block, Ben Slavin, the global ETF head at Bank of New York Mellon (BNY), stated that asset managers are accelerating their tokenized ETF plans, driven mainly by investor demand and the FOMO sentiment of fearing to miss early opportunities in blockchain finance. Slavin revealed that BNY has multiple tokenized ETF projects underway, and although the regulatory environment and infrastructure are not yet fully ready, many clients wish to launch products as soon as possible. He believes that blockchain networks are expected to become a new distribution channel for traditional investment products, enabling around-the-clock holding and transfer of fund shares, shortening settlement times, and expanding coverage for global investors.Slavin also pointed out that currently, hundreds of well-known ETFs are trading in tokenized form in unregulated markets, and most of these have not been directly authorized by the fund sponsors, which poses reputational risks. This topic has become a focal point for discussions among BNY's asset management clients. Although the industry is still exploring core issues such as the integration of tokenized funds with existing infrastructure, secondary trading mechanisms, and regulatory frameworks, Slavin stated that asset managers are increasingly inclined to believe that "getting in early" in this field is more important than "waiting for clarity."

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket. A large whale invested $95,264.62 in "Croatia" for the event "Panama vs. Croatia." Based on the current transaction price, the latest corresponding winning probability for this target is 68%.

According to Jinshi reports, SpaceX's stock price increased by 5.3% during the trading session.

According to CoinPost, Japan's national corporate pension fund plans to start investing in cryptocurrencies in the fiscal year 2026, with an allocation ratio of about 1% of its total operating assets (approximately 21.3 billion yen).The report states that the asset allocation ratio for the fiscal year 2025 is: 80% in yen, 15% in US dollars, and 5% in other currencies. However, in the fiscal year 2026, the yen allocation ratio will decrease to 70%, and a new 10% allocation will be made for currencies from developed countries. The remaining 5% will consist of emerging market currencies, gold, and cryptocurrencies.The main purpose is to diversify currency risk. The fund's executive director, Ai Yuki, stated that due to the potential weakening of the US dollar as a benchmark currency, they decided not to increase their holdings in US dollars and instead use cryptocurrencies like Bitcoin as a hedge against currency depreciation, as Bitcoin has a lower correlation with the US dollar index.After approximately six years of investigation, the fund has determined that the cryptocurrency market has matured as the investor base has expanded. In the future, the fund will continue to explore the possibility of expanding cryptocurrency investments, including funds for arbitrage trading of various cryptocurrencies.

According to Decrypt, the Thai Special Investigations Department (DSI) has expanded its investigation into the "gray Chinese capital" network. This network is suspected of using illegal cryptocurrency mining to launder money from phone scams and online gambling, with an annual amount involved exceeding 30 billion Thai Baht (approximately 300 million USD). Currently, authorities have seized 6,390 mining machines, with illegal electricity theft losses reaching 953 million Thai Baht (approximately 29 million USD), and arrest warrants have been issued for 4 Chinese financiers and 4 Myanmar nationals.The U.S. Secret Service has seized over 17.8 million USD in cryptocurrency assets related to key suspect Wang Yicheng, who is alleged to be connected to "pig butchering" scam operations. Additionally, the investigation also involves several officials from Thai electricity agencies and law enforcement personnel, and the case has been handed over to the National Anti-Corruption Commission for handling.

According to Fortune, New York blockchain data analytics company Allium announced the completion of a $40,000,000 Series B financing round, led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures.Allium focuses on cleaning and integrating complex on-chain data, providing services to institutional clients such as Visa, the Federal Reserve, Coinbase, and a16z's crypto division.

According to the official announcement, Sweden's first publicly listed Bitcoin reserve company H100 received shareholder approval for all resolutions at the annual general meeting, including the authorization to issue and acquire consideration shares related to Moonshot AS and Never Say Die AS.After the completion of this transaction, H100's Bitcoin reserves will increase from 1,051 to approximately 3,500.

According to the Nikkei, the SBI Group has obtained approval from the Financial Services Agency of Japan and plans to issue a yen-pegged stablecoin, JPYSC, within this week, becoming the first trust-type stablecoin in Japan.The stablecoin is issued by SBI Shinsei Trust Bank, with SBIVC Trade responsible for trading, and it is jointly developed with Singapore fintech company Startale Group. The SBI Group plans to deeply integrate JPYSC with its financial services, including securities, crypto assets, and banking, to enhance user convenience.

Nakamoto Inc., a Bitcoin treasury company led by entrepreneur David Bailey, announced that its medical clinic ceased operations on June 19, completing the liquidation of legacy medical businesses inherited from its merger with KindlyMD in 2025. This exit marks the nearing end of Nakamoto's transition to a Bitcoin-centric operational model— the company will focus on three main business segments: media and information services, asset management, and consulting services, to build a recurring revenue system.CEO Bailey stated that the company has established a differentiated platform that includes a globally leading Bitcoin media and events platform, a continuously growing asset management business, and consulting practices, now fully focused on scalability and long-term shareholder value. Nakamoto is one of the Bitcoin treasury companies that emerged in 2025, rising alongside Tether and Strike founder Jack Mallers' Twenty One Capital. Nakamoto obtained approximately $540 million in PIPE financing through its merger with KindlyMD to purchase Bitcoin, and as of today holds 4,467 BTC, valued at approximately $278.5 million.

According to Jinshi reports, the panic index VIX has risen to a new high in over a week, currently reported at 20.31, with an intraday increase of nearly 18%.

According to Jinshi reports, the USD/JPY has briefly dropped over 30 points and is now rebounding to 161.48.

The sell-off in tech stocks has severely impacted the market, with Japanese and South Korean stock markets accelerating their decline in the afternoon. The Nikkei 225 index closed down 2565.58 points on June 23 (Tuesday), a decrease of 3.55%, closing at 69788.38 points. The South Korean KOSPI index closed down 910.49 points, a decrease of 9.99%, marking the largest single-day drop since March 4, closing at 8204.06 points; both SK Hynix and Samsung Electronics fell over 12%.

Global automated broker Interactive Brokers announced the expansion of its Agentic trading feature, adding access to ChatGPT and Grok on top of the existing integration with Claude.It is reported that users can securely connect to the aforementioned AI tools through their existing accounts, using natural language for portfolio exploration, market analysis, and generating trading instructions. At the same time, the platform has expanded the asset classes for generating trading instructions from stocks and ETFs to options, futures, and futures options. To ensure the safety of funds, the system will not share passwords or API keys with AI providers, and all AI-generated trading instructions must undergo final review and approval by the user on a dedicated "AI Instructions" page before being submitted to the market.

According to official news from CoinUp, regarding recent market discussions about CoinUp and CPX, CoinUp stated that Zhu Pan is not the operator of the CoinUp platform and does not participate in the core operations of the platform; his role is solely as a project party for a project launched on the CoinUp platform.CoinUp also expressed gratitude to users, the community, and the media for their attention and supervision of CPX. In response to the recent significant short-term price fluctuations of the CPX/USDT trading pair, the platform previously announced that this fluctuation was mainly due to concentrated selling pressure from the market, and the specific reasons are currently under further investigation and verification, with updates to be provided in a timely manner based on the progress of the investigation.CoinUp emphasized that after a comprehensive security check of the platform, it has not suffered from hacker attacks, data breaches, or system vulnerabilities; the wallet system, account system, and asset custody are all in a secure and controllable state. The platform's recharge, withdrawal, and trading functions are operating normally, user assets are secure, and account data is complete, with no reported losses of user assets.CoinUp stated that it will continue to improve its risk control monitoring mechanisms, maintain market trading order, and advise users to rely on official channel information, view market fluctuations rationally, and pay attention to controlling trading risks.