Daily Report | Vietnam launches its first national-level cryptocurrency exchange pilot; Binance Alpha will list Echo Protocol (ECHO)
June 30 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- Paul Chan: Promoting issuers to expand the application of stablecoins to different scenarios
- Binance Alpha will launch Echo Protocol (ECHO)
- Binance announces Alpha user participation rules for NODE TGE, with a points threshold of 208 points
- Vietnam launches its first national-level cryptocurrency exchange pilot, Techcom Securities has participated
- JD.com: Currently, JD Coin Chain Technology has not started issuing stablecoins
- Binance BNSOL Super Staking will launch Dymension (DYM)
- Animoca Brands president responds to rumors of US listing: Hong Kong is the priority, no final decision yet
"What important events happened in the past 24 hours"
Paul Chan: Promoting issuers to expand the application of stablecoins to different scenarios
Hong Kong Financial Secretary Paul Chan published a blog titled "A New Era in Asia," stating that the legislation for stablecoins in Hong Kong will take effect on August 1 this year. The Hong Kong SAR government and financial regulators will strive to create a favorable market environment, complemented by necessary regulatory measures, to promote issuers to expand the application of stablecoins to different scenarios, helping to address substantial pain points in business operations and citizens' lives.
Binance Alpha will launch Echo Protocol (ECHO)
According to official news, Binance Alpha will launch Echo Protocol (ECHO), with trading opening on July 2, with specific timing to be announced later. Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after trading opens, with details to be announced on July 2.
Binance announces Alpha user participation rules for NODE TGE, with a points threshold of 208 points
According to official news, Binance announced the participation rules for Alpha users in NODE TGE, with a points threshold of 208 points.
Vietnam is actively promoting the establishment of a centralized cryptocurrency exchange (CEX) under national regulation. In March 2025, a national seminar will be held in Hanoi, where the Ministry of Finance, the State Bank, the Ministry of Public Security, blockchain experts, and the Vietnam Blockchain Association (VBA) will discuss the "Sandbox Mechanism Resolution Draft," which is expected to be released in early April to pave the way for the trial operation of the exchange.
Techcom Securities (TCBS) has proposed to pilot tokenized securities trading on the exchange platform, and its parent company Techcombank has stated that it will actively participate in the platform's technology development and is prepared for deployment after regulatory implementation.
According to the plan, the "Cryptocurrency Asset Sandbox Mechanism Draft" and the "Digital Technology Law" and "International Financial Center Law" will be submitted to the Vietnamese National Assembly for review in May. The "Digital Technology Law" has already been passed by the National Assembly at the end of June and will officially take effect on January 1, 2026, clearly defining the legal status of "cryptocurrency assets" and "tokenized assets" for the first time.
Currently, TCBS has launched a cryptocurrency market section on its online securities platform, allowing investors to view real-time price trends of over 100 mainstream cryptocurrencies, including BTC, ETH, XRP, BNB, and DOGE, marking the accelerated integration and development of Vietnam's fintech infrastructure.
JD.com: Currently, JD Coin Chain Technology has not started issuing stablecoins
According to a statement from a JD.com spokesperson on Weibo, JD.com (09618.HK) issued a stern statement regarding false information about JD's stablecoin products and business cooperation: We have recently noticed that some companies have released information about cooperation with JD Coin Chain, which contains inaccuracies and misleads industry and public opinion. Please be cautious and vigilant against "stock recommendation" scams to avoid financial losses.
At the same time, we remind the public again that JD Coin Chain Technology has not started issuing stablecoins and has not established any related communities. All information regarding obtaining JD stablecoins is suspected of fraud.
Binance BNSOL Super Staking will launch Dymension (DYM)
According to the official announcement, Binance announced that BNSOL Super Staking will launch the tenth project, Dymension (DYM), a network for quickly deploying modular blockchain RollApps for dApps.
From July 1, 2025, 08:00 to August 9, 2025, 07:59 (UTC+8), users who complete designated operations will receive DYM APRBoost airdrop rewards.
According to East Net, in response to previous rumors about plans to list in the US, Animoca Brands president Yat Siu stated that since the group delisted from Australia, it has been looking for opportunities to relist. The new wave of IPOs for virtual asset institutions in the US has attracted attention, but as a Hong Kong company, it will also prioritize fundraising in the local market. The specific timing and location of the listing will still depend on market conditions and potential investors' matches, emphasizing that no final decision has been made yet. The robust regulatory environment and financial center status of Hong Kong are attractive, and the current regulatory environment for the Web3 market has provided favorable conditions for the group's development.
"What excellent articles are worth reading in the past 24 hours"
Fellow creates instant on-chain payments, transferring money via phone number in seconds.
Robinhood may enter the L2 space, US stock tokenization welcomes new players
Robinhood's concept of US stock tokenization is not a sudden idea.
Cryptocurrency assets are penetrating the global listed company ecosystem in a more compliant and capital-narrative way.
Global stablecoin year: A new battleground between China and the US
Onshore vs offshore, private vs sandbox, Chinese and American giants are entering the stablecoin space to reshape the financial order.
A financial experiment born from a $36 trillion national debt crisis is attempting to transform the crypto world into the "buyer" of US Treasury bonds.
Tether CEO's understanding of the next phase of stablecoins
Bankless timely launched an interview program with Tether CEO Paolo Ardoino, revealing Tether USDT's understanding of this, which is highly valuable for reference.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of June 30, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: TUGGIN, WLFI, MIETA, SOLX, DEGEN
In the past 24 hours, the top five popular Solana tokens are: TRENCHES, MC, dog, LC, bettercoin
In the past 24 hours, the top five popular Base tokens are: SATO, BBRO, SLAP, VIRTUAL, AERO
Risk warning
Risk warning
