Scan to download
BTC $75,125.71 +0.72%
ETH $2,336.94 +0.00%
BNB $627.67 +0.85%
XRP $1.44 +2.25%
SOL $88.27 +3.66%
TRX $0.3246 -0.42%
DOGE $0.0981 +1.96%
ADA $0.2561 +2.64%
BCH $449.75 +2.00%
LINK $9.48 +2.12%
HYPE $43.93 -2.94%
AAVE $113.15 +6.50%
SUI $0.9929 +2.09%
XLM $0.1671 +3.88%
ZEC $334.64 -1.49%
BTC $75,125.71 +0.72%
ETH $2,336.94 +0.00%
BNB $627.67 +0.85%
XRP $1.44 +2.25%
SOL $88.27 +3.66%
TRX $0.3246 -0.42%
DOGE $0.0981 +1.96%
ADA $0.2561 +2.64%
BCH $449.75 +2.00%
LINK $9.48 +2.12%
HYPE $43.93 -2.94%
AAVE $113.15 +6.50%
SUI $0.9929 +2.09%
XLM $0.1671 +3.88%
ZEC $334.64 -1.49%

fee

The UK Financial Conduct Authority is seeking feedback on the 2027 cryptocurrency regulatory framework

According to Cointelegraph, the UK's Financial Conduct Authority (FCA) has announced that it is seeking industry feedback on guidance for the future regulatory framework for crypto assets in the UK, aimed at facilitating the implementation of a comprehensive regulatory framework that will take effect on October 25, 2027.According to the announcement, this consultation will last until June 3, 2026, and aims to help businesses understand the impact of the new regulations on their operations, providing compliance guidance for key areas such as stablecoin issuance, crypto trading, custody, and staking.The FCA stated that it hopes to establish a "competitive and sustainable" crypto market, allowing compliant institutions to better serve UK users. The FCA also disclosed that the application process for relevant crypto business licenses is expected to open in September 2026 and continue until February 2027.All institutions providing crypto asset services will need to obtain authorization under the Financial Services and Markets Act (FSMA) in the future, and previous registration under anti-money laundering frameworks will not automatically exempt them. This guidance consultation is seen as an important step in the UK's gradual improvement of its crypto regulatory system, marking an accelerated transition from partial regulation to a comprehensive licensing system.

SpaceX is reported to hold $600 million in BTC, Morgan Stanley lowers the fee rate for ETFs, Strategy Q1 has an unrealized loss of $14.5 billion

According to BBX data, today (April 13), the U.S. Senate resumed its full session after the Easter recess, and cryptocurrency concept stocks maintained wide fluctuations under the dual variables of policy expectations and geopolitical pressures. The core dynamics are as follows:SpaceX (not listed) according to on-chain data from Arkham Intelligence and a report from The Information on April 11, currently holds 8,285 BTC, with a market value of approximately $603 million, custodied on the Coinbase Global, Inc. (NASDAQ: $COIN) institutional custody platform Coinbase Prime; for the fiscal year 2025, it is expected to record a net loss of nearly $5 billion due to acquisition expenses from its subsidiary xAI (compared to a profit of approximately $8 billion in the same period last year). On-chain data shows that this holding has not changed since mid-2024. It should be noted that the above holding data comes from a third-party on-chain tracking platform, and SpaceX has not officially disclosed it through official documents.Morgan Stanley (NYSE: $MS) launched the Morgan Stanley Bitcoin Trust (NYSE Arca: $MSBT) on April 8, with a management fee rate set at 0.14%, lower than BlackRock's iShares Bitcoin Trust (NASDAQ: $IBIT) at 0.25%; $IBIT currently has a management scale of approximately $55 billion, making it the most liquid Bitcoin spot ETF in the market. Analysts point out that the low fee rate of $MSBT, combined with Morgan Stanley's vast wealth management client network, poses a direct challenge to the existing funding landscape of IBIT, marking a shift in competition in the Bitcoin ETF market from "access competition" to "fee and distribution competition."Strategy, Inc. (NASDAQ: $MSTR) disclosed by Bloomberg on April 6, reported a paper loss of approximately $14.5 billion in Bitcoin holdings for Q1 2026, marking the worst quarter for Bitcoin since 2018 (with a decline of over 20% during the quarter); nevertheless, as of April 5, the company still holds 766,970 BTC, with a total holding cost of approximately $58.02 billion (average price $75,644), and during this period, it continued to purchase an additional 4,871 BTC, with founder Michael Saylor having not sold any holdings to date.

After the pricing reform, Polymarket's trading fees in the first week of Q2 reached 7.1 million USD, which may account for 96.8% of the trading fee share in on-chain prediction markets

The prediction market Polymarket collected approximately $7.1 million in trading fees in the first week of the second quarter, becoming one of the most profitable protocols in DeFi. If this pace continues, its annual trading fee revenue could reach about $365 million, potentially capturing 96.8% of the trading fee share in on-chain prediction markets.Analysis suggests that this growth stems from the pricing reform on March 30, maintaining daily trading fee levels at around $1 million, with trading activity remaining high. According to DeFiLlama data, Polymarket's total value locked (TVL) has reached $432 million, nearing the peak during the 2024 U.S. presidential election.In terms of mainstream partnerships, the Intercontinental Exchange (ICE) completed a $600 million cash investment on March 27, as part of a larger $2 billion commitment, to distribute Polymarket's event-driven data to institutional clients. The platform also replaced the USDC.e collateral on Polygon with a brand new 1:1 USDC-backed token, Polymarket USD, as a trading collateral asset.Despite rapid revenue growth, regulatory risks remain. Some U.S. states, as well as countries or regions like Hungary, Portugal, and Argentina, have imposed restrictions or bans on prediction markets, citing that Polymarket is viewed as an unlicensed gambling platform.
app_icon
ChainCatcher Building the Web3 world with innovations.