BVI Finance & Markets: Ocean Capital Acquisition Corporation, a blank-check company incorporated in the British Virgin Islands, priced a $100 million IPO of 10,000,000 units at $10 each, with units expected to start trading on the NYSE June 9 under “OCACU.” BVI Governance & Utilities: The BVI Electricity Corporation and Water & Sewerage Department merger cleared the House of Assembly and received assent, setting up a unified Virgin Islands Energy and Water Corporation (VIEWCo) and a single public notification platform for service interruptions. BVI Constitutional Reform: Deputy Premier Julian Fraser told Anegada residents district status is “in the very near future,” while a proposed local council could expand day-to-day control before then. BVI Politics & Banking: Mark Vanterpool declined to comment on the Bank of Asia saga, saying regulators should handle bank failures through the FSC, and argued the National Bank of the Virgin Islands should expand its footprint. VI Community & Fundraising: St. Croix Relay for Life marked its 25th anniversary with teams, survivor stories, and fundraising targeting $300,000, with organizers citing a promised $100,000 government contribution. VI Public Safety & Business Impact: A St. Croix outreach event (“Cabinet Connect”) drew attention for including VIPD among agency partners amid ongoing criticism of the territory’s public safety response. Tech, Crypto & Compliance: Russia signaled new fees, trading limits, and safeguards aimed at “unfriendly” crypto assets, naming USDT, USDC, and BNB, with restrictions starting July 1 for non-qualified retail investors. USVI Security: Federal prosecutors charged a man after CBP found hundreds of rounds of ammunition in checked bags arriving in St. Thomas on an American Airlines flight from Miami.