BSCN (@BSCNews)

Ansem Deployer Made Just $5.5K From $120M Token The deployer behind $ANSEM created a token that reached a value of more than $120 million, lookonchain says. The wallet spent $6.3K to deploy the token and bought 792.45 million ANSEM. It later sold part of the holdings for $11.8K. The reported profit was only about $5.5K, according to Lookonchain. However, GMGN data shows crypto KOL and token developer Ansem holds the number one developer address, controlling 60.4% of total supply. His unrealized return rate stands above 80,000%, per GMGN data.

Chainlink pulls 50 banks into a plan to settle currency trades instantly @chainlink has launched Project Pangea, a task force aiming to bring real-time settlement to the cross-border currency market. It teams Chainlink with Korea's FairSquareLab and two banking consortia: Europe's Qivalis, backed by 37 banks, and Korea's UniKA alliance, anchored by Shinhan, Kbank and others. The target is the Europe-Korea corridor. The plan is to let banks swap regulated euro and Korean won stablecoins directly and atomically, settling the same day instead of waiting two days. By using Chainlink's interoperability standards alongside ISO 20022 and existing SWIFT rails.

Hong Kong finalizes crypto advisor and asset manager licensing Hong Kong's SFC and Treasury Bureau published consultation conclusions Tuesday, finalizing the licensing framework for virtual asset advisors and asset managers. Advisory activities map to Type 4 (securities advice), management to Type 9 (asset management) under the existing securities ordinance. Both regimes sit under the same AML umbrella that already covers virtual asset dealing and custody. Legislative proposals head to the Legislative Council later this year. This completes the four-pillar architecture: exchanges, custody, dealers, and now advisors and managers. SFC CEO Julia Leung framed it as solidifying Hong Kong's hub status.

AUSTRALIA COULD SCRAP 50% CRYPTO TAX DISCOUNT IN BIGGEST CAPITAL GAINS OVERHAUL IN YEARS The Australian government is set to release its 2027 budget on Tuesday. It will reportedly scrap the 50% capital gains tax discount for Australian crypto investors who hold assets longer than 12 months. Per reports, a full inflation-indexed tax on real gains would replace it. That could double the effective tax rate on long-term holdings from around 23.5% to nearly 47%, per the Australian Financial Review. The change would hit crypto, shares, and commercial property alike. Assets bought before May 10 get partial exemption. New rules take full effect in July 2027, with a one-year grace period for assets acquired after that date.