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Plume's General Counsel attended a hearing in the U.S. House of Representatives, calling for the inclusion of tokenized securities within the existing regulatory framework

According to the official blog, Plume Network's General Counsel Salman Banaei stated at a hearing held by the U.S. House Financial Services Committee that tokenized securities should not be viewed as a completely new asset class, nor should new rules or exemptions be created for them.He argued that regulation should be driven by the economic nature and risks of financial products, rather than the technology used, and thus should incorporate new technological realities into the existing regulatory framework through targeted amendments to current regulations.Salman pointed out that utilizing public blockchains and on-chain compliance tools (such as Plume's built-in protocol-level anti-money laundering screening) can significantly enhance market transparency, reduce costs, and decrease reliance on intermediaries while maintaining or even exceeding existing regulatory standards.Finally, Salman issued a warning: the competition for global tokenized infrastructure is accelerating, with regions like Hong Kong, Singapore, and the UAE actively positioning themselves. If the U.S. falls behind in regulation due to policy uncertainty, it risks losing its leadership position in the digital transformation of global capital markets, allowing this strategic opportunity to shift to foreign competitors with different geopolitical objectives.

Gate Ventures: Market sentiment has plunged into extreme panic, accelerating the institutionalization of derivatives and prediction sectors

According to the latest cryptocurrency weekly report released by Gate Ventures, the market overall faced pressure and retracement in the past week, with BTC and ETH dropping by 6.8% and 5.8% respectively, and the Fear and Greed Index falling to 8, entering the "extreme fear" zone.Despite the weak price performance, the funding situation remains resilient, with BTC and ETH spot ETFs recording net inflows of approximately $767 million and $161 million respectively, indicating that institutional funds are still actively positioning. Overall, the total market capitalization of the cryptocurrency market has declined by about 5.5%, with the market in a phase of emotional recovery and structural differentiation.On the macro level, the Fed maintained interest rates, and the situation in the Middle East has driven up energy prices, increasing market concerns about stagflation risks. Meanwhile, the integration of traditional finance and the cryptocurrency market continues to deepen, with Morgan Stanley and Grayscale respectively advancing Bitcoin and Hyperliquid ETF-related layouts. Exchanges are also relaxing restrictions on related derivatives trading, further broadening institutional participation pathways. In addition, the trend of institutionalization in the prediction market sector is accelerating, with Kalshi completing over $1 billion in financing, reaching a valuation of $22 billion.In terms of investment and financing, a total of 11 transactions were completed last week, with a disclosed total financing amount of $1.18 billion, of which the infrastructure sector accounted for 64%, being the main flow of funds. Overall, against the backdrop of increased market volatility, funds continue to flow into core infrastructure and emerging narrative sectors, maintaining robust momentum for long-term industry development.

In the second half of 2025, South Korea will see a capital outflow of $60 billion in cryptocurrency assets, with exchange profits dropping significantly by 38%

According to a report by The Block, the Financial Services Commission (FSC) of South Korea has released a report indicating that in the second half of 2025, approximately $60 billion (90 trillion KRW) of cryptocurrency assets from South Korean exchanges will flow to overseas platforms and private wallets, representing a 14% increase from the first half of the year. Regulators believe this may be related to arbitrage activities during market volatility.Meanwhile, despite a 3% increase in the number of users on local exchanges to 11.1 million accounts and a 31% rise in deposits to 8.1 trillion KRW (approximately $5.4 billion), the combined operating profit of 18 exchanges in the second half of 2025 was only 380.7 billion KRW (approximately $253 million), a significant decline of 38% compared to the first half.The total market capitalization of the South Korean crypto market at the end of 2025 is estimated to be around 87.2 trillion KRW (approximately $58 billion), an 8% decrease from the first half of the year. The average daily trading volume also fell by 15% to 5.4 trillion KRW (approximately $3.6 billion), with regulators pointing out that the decline in the prices of major cryptocurrencies at the end of the year was the main reason for the drop in trading volume and profitability.
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