On May 28, the UK Financial Conduct Authority (FCA) released a pivotal regulatory proposal, setting out higher standards for stablecoin issuance, crypto asset custody, and platform financial soundness, with the aim of strengthening industry safety and transparency.

Bitcoin prices have recently continued to fluctuate within a high range, with the market lacking clear trend signals. Options market data shows that since May, the volatility curve has flattened, reflecting an overall neutral market sentiment. This trend echoes the decline in the VIX index in traditional financial markets and has brought renewed attention to long-term volatility trading.

According to the latest position statistics cited by the BOGA Research Terminal today, 49.6 million individuals in the United States now directly hold Bitcoin, with an average account balance of $11,089 per person—far exceeding the 36.7 million gold holders, whose average stands at $1,512.