Geopolitics

As of June 2, 2026, data from the Gate prediction market shows that the probability of the Strait of Hormuz returning to normal shipping before June 15 is 4%, before June 30 is 22%, before July 31 is 41%, and by December 31 the probability rises to 76%. This set of probability curves clearly reflects the market’s incremental expectations regarding the timeline for resolving the geopolitical conflict. In the short term, low probabilities coexist with high probabilities over the medium to long ter

Bitcoin (BTC) continues to weaken and drop further, temporarily trading around $71,310 as of June 2. A disclosure from Strategy last week about selling 32 BTC sparked controversy around a prediction pool on the Polymarket platform with trading volume exceeding $20 million. Dogecoin received support from Paxos, driving wider adoption at the institutional level. Macro Events & Crypto Hotspots 1、According to The Block, Strategy’s disclosure last week about selling 32 BTC triggered controversy over

On June 2, Bitcoin fell to around $71,200. The Iran-backed Tasnim News Agency confirmed on Monday that Iranian negotiators will stop exchanging information with the United States through intermediaries and will push for a comprehensive closure of the Strait of Hormuz. The U.S. Central Command (CENTCOM) said that U.S. forces carried out strikes on Iranian radar sites and drone command facilities on May 30 to 31, after a U.S. MQ-1 drone was shot down in international waters. Iranian Statement and

Bitcoin fell below $71,000 on Monday as geopolitical tensions between the United States and Iran pressured digital asset markets. BTC traded near $71,040, down approximately 3%, after briefly falling to around $70,830.76. The decline followed reports that Iran ended all negotiations with the United

According to Reuters, on June 1, Japan's ruling Liberal Democratic Party submitted policy recommendations to the Finance Minister proposing a dedicated legal framework for cryptocurrency exchange-traded funds (ETFs) and promoting the development of yen-backed

A Web3 expert claimed that Brazil demonstrates why giving the central bank control over crypto regulations is a bad idea. Brazil is one of the largest adopters of crypto worldwide. It was also one of the earliest jurisdictions to integrate digital assets into its regulatory framework. However,

Japan's ruling Liberal Democratic Party blockchain technology promotion panel submitted a proposal to Finance Minister Satsuki Katayama on June 1 urging the government to promote yen-backed stablecoins for cross-border settlements across Asia and establish a legal framework for cryptocurrency

According to Reuters, Japan's ruling Liberal Democratic Party (LDP) submitted a proposal to Finance Minister Satsuki Katayama on June 1 to promote yen-backed stablecoins for cross-border settlements across Asia and establish a legal framework for cryptocurrency ETFs. The LDP's blockchain

Can stablecoins generate interest? The answer is being repeatedly contested in a legislative standoff in Washington. As of June 1, 2026, the U.S. Senate’s battle over the CLARITY Act (“Clear Payment Stablecoin Regulatory Act”) has entered a heated phase. The focus of the dispute has rapidly narrowed from “who is eligible to issue stablecoins” to a sharper question—whether users holding USDC have the right to share in the yield generated by the underlying reserve assets. This is no longer a techn

According to Vietnam's Ministry of Finance, on June 1, the ministry proposed allowing small and medium-sized enterprises (SMEs) to use digital, virtual, and intellectual property assets as loan collateral in a draft revision of the Law on Support for SMEs. The measure aims to broaden financing

According to Reuters, Japan's Liberal Democratic Party blockchain promotion group submitted a proposal to Finance Minister Katayama on Monday to promote yen-denominated stablecoins for settlement in Asia and establish a legal framework allowing crypto ETF trading. The proposal aims to provide

According to FinanceFeeds, on June 1, Vietnam's Ministry of Finance proposed an amendment to the Law on Support for Small and Medium-Sized Enterprises, allowing commercial banks to accept digital assets and virtual assets as legal collateral for business loans. The proposal aims to diversify

According to Treasury Secretary Scott Bessent, the US has seized approximately $1 billion in cryptocurrency connected to Iran. Bessent disclosed the action during remarks at the 2026 Reagan National Economic Forum, stating that authorities had taken possession of crypto wallets linked to Tehran

Decryt reported on May 31 that US President Trump signed an executive order named “restoring the integrity of the US financial system,” tasking the Treasury Department and other federal regulators to consider issuing rules to strengthen fraud screening and risk management related to services provided to undocumented immigrants, pushing undocumented immigrants toward cryptocurrencies or shadow financial systems. Nicholas Anthony, a researcher at the Cato Institute, said the order effectively auth

The DOJ’s record bitcoin forfeiture case has renewed scrutiny of global scam compounds tied to crypto fraud, trafficking, and organized crime. Authorities sought forfeiture of 127,271 BTC, worth about $15 billion. Key Takeaways: Authorities sought forfeiture of 127,271 BTC in a case

According to Aleksey Korolenko, executive director at Cifra Markets, Russia could open up to 1 million crypto accounts within the first year of the compliance framework after related legislation passes and takes effect. The expansion hinges on major financial institutions introducing convenient

Bitcoin saw a slight rebound in Asian early trading on Monday, June 1, rising to $73,989. Axios reported on Sunday that U.S. President Trump, at a meeting in the White House Situation Room last Friday, asked for several changes to the understanding memorandum of understanding (MOU) between his envoy and Iran, mainly involving the specifics of Iran’s nuclear materials provisions. In parallel, Israeli Prime Minister Netanyahu confirmed that he ordered the Israeli military to further advance its gr