The South Korean National Assembly is currently deliberating on a Security Tokenization Bill, with hopes of its approval post the presidential election.

On June 3rd, as per Cointelegraph, the Norwegian cryptocurrency exchange Norwegian Block Exchange (NBX) announced the initiation of a Bitcoin Reserve Plan. On June 2nd, its stock price surged by over 138% in a single day. NBX stated that it has purchased 6 bitcoins (approximately $633,700) and intends to expand its holdings to 10 bitcoins within this month. Additionally, the company is actively seeking funds to further augment its Bitcoin holdings. NBX plans to utilize these bitcoins as collateral to issue the stablecoin USDM on the Cardano blockchain and achieve yield growth through the Cardano ecosystem. The company also disclosed that its board of directors is exploring the introduction of Bitcoin-backed loan services in order to advance its goal of becoming a digital asset bank.

On June 3rd, according to an official announcement, OKX will list NXPCUSDT, LAUNCHCOINUSDT, and MUBARAKUSDT perpetual contracts on June 3, 2025, from 6:00 to 6:30 p.m. (UTC+8). The specific opening times are as follows: The trading of the NXPCUSDT contract will open at 6:00 p.m. (UTC+8) on June 3rd; The trading of the LAUNCHCOINUSDT contract will open at 6:15 p.m. (UTC+8) on June 3rd; The trading of the MUBARAKUSDT contract will open at 6:30 p.m. (UTC+8) on June 3rd.

On June 3rd, a rate strategist at UBS stated in a recent report that due to lingering risks to economic growth, the bank remains bullish on the 10-year US Treasury bond. "We think the market has underestimated the risk of economic slowdown, and the relatively moderate US CPI data in May and June will also be beneficial to the performance of the 10-year Treasury bond." The strategists pointed out that although household inflation expectations have increased, they have not yet been translated into significant wage pressure. Furthermore, they also mentioned that if the US Senate adjusts the "Build Back Better Act" proposed by the House of Representatives to further cut spending, it could help relieve concerns about the expanding fiscal deficit. However, UBS also believes that in the coming months, it may be difficult for the 10-year Treasury yield to fall below 4%.

On June 3rd, the U.S. Senate is scheduled to hold a debate on the stablecoin regulation bill called the "Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act". Cryptocurrency lobbying groups are advocating for senators to pass the bill promptly as an amendment regarding credit card fees may lead to delays. The bill passed a procedural vote in May and is anticipated to obtain sufficient votes in the Senate this week before being sent to the House. The Blockchain Association, Crypto Council for Innovation, Digital Chamber, and DeFi Education Fund, along with other crypto organizations, issued a joint statement highlighting that the core purpose of the bill is to offer a comprehensive solution for stablecoin regulation and urging lawmakers to sustain the positive momentum. (Cointelegraph)

On June 3rd, as per official channels, the Solana Foundation announced the signing of a Memorandum of Understanding with the Dubai Virtual Asset Regulatory Authority (VARA). This memorandum serves as the groundwork for in-depth cooperation between cryptocurrency developers and regulatory bodies. It encompasses aspects such as a talent development program, the sharing of economic impact and industry data, the hosting of workshops and advisory meetings for founders, and the support for the Dubai Solana Economic Zone. The announcement pointed out that Dubai is already among the most proactive cities globally in promoting cryptocurrency development. This collaborative effort will enable Solana founders to directly seize this opportunity.

On June 3rd, based on market data, liquidity mining project tokens generally witnessed an increase today. These include: The RPL surged by more than 25% in a single day and is now priced at $6.1. The SSV rose by 16.45% today and is now priced at $10.05. The LISTA saw a daily increase of 20.95% and is now priced at $0.2523.