This Week's Key News Preview | Powell to Deliver Semiannual Monetary Policy Testimony; Thailand Bans Bybit and 4 Other Unlicensed Cryptocurrency Trading Platforms
Highlights of the week from June 23 to June 29.整理：Jerry，ChainCatcher
Key News:
- The Governor of the Bank of Korea will meet with CEOs of major local banks on June 23 to discuss stablecoin issues
- Federal Reserve Chairman Powell will testify on the semiannual monetary policy report before the House Financial Services Committee on June 24
- Binance Alpha and Binance Futures will launch DeLorean (DMC) on June 24
- Binance Alpha and Binance Futures will launch Humanity Protocol (H) on June 25
- Binance Alpha will launch Sahara AI (SAHARA) on June 26
- CoinList will open the token sale for Pipe Network (PIPE) on June 27
- Thailand will ban Bybit and four other unlicensed cryptocurrency trading platforms starting June 28
June 23 (Monday)
According to Newsis, the Governor of the Bank of Korea (BOK), Lee Chang-yong, will meet with commercial bank presidents at the Bank Hall in Jung-gu, Seoul, on the 23rd of this month, where they are expected to discuss the issuance of stablecoins based on the Korean won. The meeting will be accompanied by Vice Governor Park Jong-woo, who is responsible for monetary policy and financial markets.
Previously, the Bank of Korea has taken a cautious stance on the issuance of Korean won stablecoins by the non-bank sector due to concerns over the effectiveness of monetary policy and financial stability risks.
Binance will support Zilliqa network upgrade and hard fork on June 23
According to an official announcement, Binance is expected to suspend the deposit and withdrawal of tokens on the Zilliqa (ZIL) network at 23:00 (UTC+8) on June 22, 2025, to support its network upgrade and hard fork, ensuring the best user experience.
The project team will conduct the network upgrade and hard fork at block height 4,770,087 (expected to occur at 00:00 UTC+8 on June 23, 2025).
June 24 (Tuesday)
At 10 PM on June 24, Federal Reserve Chairman Powell will testify on the semiannual monetary policy report before the House Financial Services Committee.
Binance Alpha and Binance Futures will launch DeLorean (DMC) on June 24
According to an official announcement, Binance Alpha will launch and open trading for DeLorean (DMC) at 19:00 (UTC+8) on June 24. Additionally, the Binance Futures platform will launch the DMCUSDT perpetual contract at 21:00 (UTC+8) on June 24, with a maximum leverage of up to 50 times.
June 25 (Wednesday)
Binance Alpha and Binance Futures will launch Humanity Protocol (H) on June 25
Binance Alpha will launch and open trading for Humanity Protocol (H) at 17:00 (UTC+8) on June 25, 2025. Additionally, the futures platform will launch the H/USDT perpetual contract at 17:30 (UTC+8) on June 25, with a maximum leverage of up to 50 times.
Binance is the first platform to announce the opening of Humanity Protocol (H) contract trading and to showcase the H token on Alpha, with all eligible Binance users receiving exclusive token airdrops. Eligible users need to claim the airdrop using Binance Alpha points on the Binance Alpha event page from 17:00 (UTC+8) on June 25, 2025, to 17:00 (UTC+8) on June 26, 2025.
June 26 (Thursday)
Binance Alpha will launch Sahara AI (SAHARA) on June 26
According to official news, the Binance Alpha platform will launch Sahara AI (SAHARA). Trading will open on June 26, with specific timing to be announced later.
Eligible users need to claim the airdrop using Binance Alpha points on the Alpha event page after trading opens.
More details will be announced on June 26. Please stay tuned to Binance's official channels for the latest information.
Coinbase will delist the old version tokens MOBILE, RNDR, RBN, and SYN on June 26
According to the Coinbase Assets announcement, due to the release of new versions for Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), and Synapse (SYN), the original versions no longer meet the platform's listing standards, and trading will be fully suspended around 14:00 (Eastern Time) on June 26.
Currently, the aforementioned assets have been switched to limit order mode, and users can still place, cancel, and match orders. This adjustment applies to the Coinbase website, exchange, and Prime platform.
Voting for the proposal to dissolve ApeCoin DAO AIP-596 has officially started, ending on June 26
Yuga Labs co-founder Garga.eth announced on the X platform that voting for the proposal to dissolve ApeCoin DAO AIP-596 has officially started, aimed at further advancing reforms to the ApeCoin ecosystem and orderly transferring assets and responsibilities to the new entity ApeCo established by Yuga Labs. The new entity's team will consist of current executive director Cameron Kates from the Ape Foundation and other foundation members and Banana Bill team members.
Garga.eth reminded that this AIP requires a large number of votes to pass, estimating that 3.5% of all circulating tokens need to participate in the vote, with a 66% absolute majority in favor. According to voting information, this vote will end on June 26, with the current approval rate at 99.19%.
June 27 (Friday)
Binance Futures will launch various quarterly delivery contracts on June 27
According to Binance's announcement, Binance Futures will launch USDⓈ-M and COIN-M quarterly 1226 delivery contracts after 08:00 (UTC) on June 27, 2025. The new contracts cover BTC, ETH, BNB, XRP, and SOL, with leverage up to 50 times, supporting 24-hour trading.
CoinList will open the token sale for Pipe Network (PIPE) on June 27
CoinList will open the token sale for Pipe Network (PIPE) on June 27. The PIPE FDV is $450 million, with a total sale volume of 30 million tokens, priced at $0.25 and $0.20 per token, with a purchase limit of a minimum of $100 and a maximum of $2.5 million.
Option 1 has an FDV of $250 million, with 100% unlocked at TGE; Option 2 has an FDV of $200 million, with 100% unlocked one year after TGE.
After the purchase period ends, the team will allocate tokens based on the "Filling from the bottom" distribution method. Users who do not win will receive refunds in their CoinList wallets within 48 hours.
LayerZero initiates the second round of voting on the fee switch, ending on June 27
LayerZero has launched a second vote on whether to open the "fee switch," which will determine whether to activate LayerZero protocol fees, which will be used to buy back and burn ZRO. Voting will end on June 27.
June 28 (Saturday)
Thailand will ban Bybit and four other unlicensed cryptocurrency trading platforms starting June 28
According to the Thai Securities and Exchange Commission, starting June 28, 2025, Bybit, 1000X, CoinEx, OKX, and XT.COM will be banned for operating without licenses.
This move is based on the "Technical Crime Prevention and Suppression Act (No. 2)" that took effect on April 13, 2025, aimed at protecting investor rights and preventing illegal platforms from being used as money laundering channels. The Thai Ministry of Digital Economy and Society will be responsible for enforcing the relevant ban measures. The Thai SEC reminds investors holding assets on the aforementioned platforms to properly handle their assets before the ban takes effect.
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