SoFiUSD&#8217;s integration into a major consumer app could reshape financial 
transactions, offering faster settlements and challenging existing stablecoin 
models.
The post SoFi rolls out SoFiUSD stablecoin to 14.7 million app users appeared 
first on Crypto Briefing.

SoFiUSD&#8217;s integration into a major consumer app could reshape financial transactions, offering faster settlements and challenging existing stablecoin models. The post SoFi rolls out SoFiUSD stablecoin to 14.7 million app users appeared first on Crypto Briefing.

SoFi rolls out SoFiUSD stablecoin to 14.7 million app users

Warsh&#8217;s communication reforms may increase market volatility, as less frequent 
updates could amplify the impact of each Fed statement.
The post Federal Reserve Chair Kevin Warsh proposes communication reforms that 
could reshape market dynamics appeared first on Crypto Briefing.

Warsh&#8217;s communication reforms may increase market volatility, as less frequent updates could amplify the impact of each Fed statement. The post Federal Reserve Chair Kevin Warsh proposes communication reforms that could reshape market dynamics appeared first on Crypto Briefing.

Federal Reserve Chair Kevin Warsh proposes communication reforms that could reshape market dynamics

The reopening highlights geopolitical tensions affecting crypto markets, 
emphasizing the need for robust regulatory frameworks and investor caution.
The post Iran reopens Tabriz International Airport after US-Israeli strikes, 
raising questions about crypto sanctions enforcement appeared first on Crypto 
Briefing.

The reopening highlights geopolitical tensions affecting crypto markets, emphasizing the need for robust regulatory frameworks and investor caution. The post Iran reopens Tabriz International Airport after US-Israeli strikes, raising questions about crypto sanctions enforcement appeared first on Crypto Briefing.

Iran reopens Tabriz International Airport after US-Israeli strikes, raising questions about crypto sanctions enforcement

QuickSwap&#8217;s shift to Orbs Network could enhance its competitive edge in DeFi 
perpetuals, but it also introduces dependency risks.
The post QuickSwap proposes governance vote to shift perpetuals to Orbs 
Network appeared first on Crypto Briefing.

QuickSwap&#8217;s shift to Orbs Network could enhance its competitive edge in DeFi perpetuals, but it also introduces dependency risks. The post QuickSwap proposes governance vote to shift perpetuals to Orbs Network appeared first on Crypto Briefing.

QuickSwap proposes governance vote to shift perpetuals to Orbs Network

South Korean prosecutors reportedly charged a group over the CATFI memecoin 
rug pull, marking the country’s first DEX rug-pull case under crypto law.

South Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law.

South Korea charges CATFI memecoin operators in first DEX rug-pull case: Report

China&#8217;s securities regulator, the China Securities Regulatory Commission, 
announced on May 25 that it will penalize three major offshore brokerages for 
their ties to crypto — Tiger Brokers, Futu Securities, and Longbridge 
Securities — for illegal cross-border financial operations targeting mainland 
investors, as part of a sweeping nine-agency implementation plan that sets a 
two-year deadline to eliminate all unauthorized cross-border securities, 
futures, and fund management activity from China&#8217;s financial landscape. 
Related Reading: Bankless Co-Founder Explains Why He Sold All His Ethereum The 
announcement, made public via the State Council Information Office and covered 
by China&#8217;s official Xinhua News Agency, represents the most coordinated 
regulatory enforcement action Beijing has taken against offshore financial 
platforms since the 2021 crypto mining ban. The CSRC stated it will confiscate 
all illegal gains from domestic and overseas entities associated with Tiger, 
Futu, and Longbridge, and impose severe penalties in accordance with Chinese 
law, per the official Xinhua report. Under the implementation plan, the three 
brokerages have been given a two-year phase-out window — during which they are 
strictly prohibited from facilitating new buy orders or accepting capital 
inflows from mainland investors. Only sell orders and capital withdrawals will 
be permitted. Upon expiration, affected institutions must completely shut down 
their mainland-targeted websites, trading applications, and supporting 
servers, per the SCIO announcement. BTC&#8217;s price trends to the upside since 
March 2026 as seen on the daily chart. Source: BTCUSD on Tradingview Why This 
Matters For Crypto The enforcement action is not nominally directed at crypto 
— it targets offshore securities and futures brokerages. The crypto 
implications, however, are structural and direct. The primary channels through 
which Chinese traders access crypto markets — over-the-counter desks, peer-to- 
peer exchanges, and USDT on-ramps — operate in the same regulatory gray zone 
that Beijing has now formally committed to eliminating across all cross-border 
financial activity, per analysis by BeInCrypto published May 22. The February 
2026 crackdown, in which the People&#8217;s Bank of China and seven other agencies 
jointly expanded China&#8217;s existing crypto ban to explicitly cover stablecoins, 
RWA tokenization, and offshore yuan-pegged stablecoin issuance, established 
the policy framework. The May 25 action represents its enforcement arm — a 
signal that the two-year rectification timeline applies broadly to any 
unauthorized cross-border financial channel, not only to licensed brokerages, 
per the CSRC&#8217;s implementation plan language as reported by Xinhua. Market 
reaction was swift. US-listed shares of Tiger Brokers&#8217; parent company fell 
more than 10% in premarket trading. Futu Holdings dropped more than 5%, with 
some session reports showing declines reaching 35%, per Wu Blockchain&#8217;s 
coverage of the announcement on May 22. The Broader Pattern Beijing&#8217;s 2026 
enforcement posture reflects a deliberate sequencing: the February policy 
notice established the expanded legal perimeter covering stablecoins and 
tokenization; the May brokerage action demonstrates the state&#8217;s willingness to 
impose material financial penalties on large, publicly listed companies 
operating in breach of that perimeter. For the nascent sector&#8217;s participants 
who have continued to access crypto through informal Chinese channels, the 
trajectory of enforcement points in one direction — and the two-year 
rectification deadline gives Beijing a concrete timeline against which to 
measure compliance. Related Reading: Will XRP Price Ever Reach $200? Top 
Expert Discloses What Must Happen First This development marks a critical 
juncture for crypto&#8217;s relationship with Chinese capital. Whether the crackdown 
accelerates OTC crypto demand as mainland investors seek alternative stores of 
value — as has historically occurred during prior Chinese enforcement waves — 
or succeeds in materially reducing cross-border digital asset flows, will 
determine whether Beijing&#8217;s tightening ultimately strengthens or simply 
redirects China&#8217;s crypto participation. Cover image from Grok, BTCUSD on 
Tradingview

China&#8217;s securities regulator, the China Securities Regulatory Commission, announced on May 25 that it will penalize three major offshore brokerages for their ties to crypto — Tiger Brokers, Futu Securities, and Longbridge Securities — for illegal cross-border financial operations targeting mainland investors, as part of a sweeping nine-agency implementation plan that sets a two-year deadline &#8230;

SoFi rolls out SoFiUSD stablecoin to 14.7 million app users

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