Lumes: Digital assets represent the future, and we have a responsibility to ensure that the United States continues to lead this process

According to the official blog of pledge service provider Figment, Commissioner Hester Peirce, head of the US Securities and Exchange Commission's (SEC) Cryptography Working Group, made it clear in a speech on May 19th that technical activities directly involved in Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) systems are not subject to securities law jurisdiction. This is the first time a senior SEC official has made such a statement regarding pledge activities. Peirce pointed out that the SEC will issue further guidance to clarify which activities are not subject to securities laws, including technical services that assist in participating in consensus mechanisms. She admitted that the SEC's past enforcement and regulatory methods have failed to effectively prevent fraud and have instead caused confusion for compliant operators. This statement is seen as a positive signal of US institutions participating in pledge activities. Figment suggests that this will drive American institutions to adopt pledge services more widely.

According to Foresight News, according to Bitcoin Magazine, asset management company Bitwise predicts that by the end of 2026, countries and institutions worldwide will hold a total of 4.269 million bitcoins, with an estimated total value of $426.9 billion.

According to Betakit, Canadian stablecoin issuer Stablecorp has raised $1.8 million in funding, with investors including Coinbase Ventures and Side Door Ventures. The funds will be used to expand the infrastructure of the Canadian dollar stablecoin QCAD, including establishing on chain foreign exchange liquidity and integrating payment channels. The company announced that it will simultaneously carry out structural reforms of QCAD, including establishing an independent trust QCAD Digital Currency Trust to manage reserve assets, implementing daily market value reports, monthly reserve certificates, and annual audits. QCAD is currently operated as a joint venture between cryptocurrency asset management company 3iQ and blockchain developer Mavennet Systems. In 2022, it received a CAD 1.9 million investment from institutions such as Circle Ventures.

Odaily Planet Daily News: Aethir announced that it has officially launched its ATH pre staking activity on EigenLayer. Users can now pledge ATH in EigenLayer's ATH vault and obtain liquid collateral token EigenATH (eATH). The vault has integrated EigenLayer's AVS model, and computing power providers in the Aethir network can borrow ATH to operate the decentralized computing network. The resulting service fees will be proportionally distributed to eATH holders. All pledged ATHs will be locked for one year to ensure network stability. The redemption function of eATH is expected to open on June 13, 2026, followed by a 30 day unlocking period.

The US stock market opened lower, with the Dow Jones Industrial Average falling 485 points, the Nasdaq falling 296 points, and the S&P 500 index falling 1.2%.