Key Events Preview for Next Week
July 21
Coinbase Derivatives Plans to Launch Perpetual Contracts in the US on July 21;
July 22
July 23
Market News: Trump Plans to Deliver a Speech on Artificial Intelligence on July 23;
July 24
European Central Bank to Announce Interest Rate Decision;
Here are more noteworthy events in the industry from July 21 to July 27.
July 21
Thai SEC Seeks Public Comments on Digital Asset Listing Standards, Deadline on July 21
Odaily Planet Daily reports that the Thai SEC has announced a public consultation on the revised token listing standards for digital asset exchanges, with the consultation period extending to July 21, 2025. According to the proposal, digital asset exchanges may list "directly usable tokens or cryptocurrencies" issued by the exchange or its affiliates for blockchain transactions, to encourage the listing of assets that align with innovation and application development.
The new rules propose requiring exchanges to disclose affiliate information of token issuers and mark risk warnings in the system to help regulators prevent insider trading. Simultaneously, exchanges must establish mechanisms to control conflicts of interest, market manipulation, and unfair trading practices. Already listed tokens must supplement affiliate information within 90 days of the rule's effectiveness.
This move is part of Thailand's strategy to attract international crypto business and establish itself as a regional financial center. Previously, the Thai government decided to exempt crypto transaction capital gains tax for five years starting in 2024, expected to bring over $30.7 million in economic benefits. The government is also advancing a crypto tourism payment pilot in Phuket and considering opening a Bitcoin spot ETF to retail investors. (Decrypt)
Coinbase Derivatives Plans to Launch Perpetual Contracts in the US on July 21
Odaily Planet Daily reports that according to official sources, Coinbase Derivatives plans to launch perpetual contract services in the US on July 21. It is reportedly a US futures product suite that will track spot prices, offer leverage, and comply with CFTC regulations. Additionally, this is one of the first such products in the US, aimed at filling the gap in the domestic crypto derivatives market, with two contract products: nano Bitcoin Perpetual-Style Futures (0.01 BTC) and nano Ether Perpetual-Style Futures (0.10 ETH).
July 22
Odaily Planet Daily reports that according to cryptoinamerica, the Trump administration's digital asset working group is intensively preparing to submit the first crucial cryptocurrency policy report by July 22. This report is the result of months of collaboration between working group leaders David Sacks and Bo Hines with top officials from the Treasury, Commerce, SEC, and CFTC, aimed at implementing the executive order signed by President Trump in January to strengthen US leadership in the cryptocurrency sector. The report is expected to contain regulatory and legislative recommendations, but specific details remain unclear.
The working group's original tasks included developing a federal digital asset framework covering stablecoins (Congress has initiated related procedures) and exploring the establishment of a national digital asset reserve (already set up by Trump in March). Working group member and CFTC Acting Chair Caroline Pham stated in a recent speech that the report will serve as the government's "cryptocurrency roadmap" and described the current work as "productive". White House officials stated the report will be published as planned before the July 22 deadline. Although report details are not yet disclosed, industry experts speculate it may include a Bitcoin reserve financing strategy that doesn't burden taxpayers and recommendations to ensure crypto companies fairly access banking services from institutions like the Federal Reserve, which has historically refused to allow crypto companies direct access to its payment system.
Sahara AI Data Services Platform Public Beta to Launch on July 22
Odaily Planet Daily reports that the Sahara AI Data Services Platform public beta will launch on July 22, allowing anyone to participate in AI construction and earn real token rewards. The platform will also provide new earning methods and exclusive partner incentives, open globally.
Binance Alpha to List Yala (YALA) and Launch Airdrop on July 22
Odaily Planet Daily reports that Binance has announced Binance Alpha will be the first platform to list Yala (YALA) on July 22. Eligible users can claim airdrops using Alpha points on the activity page after trading opens, with more details to be announced through official channels.
July 23
Market News: Trump Plans to Deliver a Speech on Artificial Intelligence on July 23
Odaily Planet Daily reports that Trump plans to deliver an important speech on artificial intelligence next week, outlining his vision for ensuring US leadership in the AI field. A government official previewed that Trump is set to speak on July 23 at an event called "Winning the AI Race". At this time, the Trump administration is finalizing an AI action plan. This policy directive was ordered by Trump days after taking office in January. Another informed source said that after the plan's release, Trump is expected to sign an executive order to implement the related policies. Trump has shown early interest in AI during his campaign, promising to unleash AI innovation by abolishing what he calls "overly burdensome regulations" from his predecessor. (Jin10)
July 24
European Central Bank to Announce Interest Rate Decision
Odaily Planet Daily reports that at 8:15 Beijing time on July 24, the European Central Bank will announce its interest rate decision. At 8:45, ECB President Lagarde will hold a monetary policy press conference.
July 25
US Prosecutors Expected to Conclude Roman Storm Tornado Cash Case by July 25
Odaily Planet Daily reports that the Southern District of New York prosecutors continue to press charges against Tornado Cash co-founder and developer Roman Storm, with the trial expected to last about a month.
Assistant Prosecutor Thane Rehn stated that the prosecution expects to conclude their statement of charges by the end of next week, after which Storm's lawyers will begin calling their witnesses. Storm anticipates the trial will last "3-4 weeks" due to complex legal arguments and unforeseen witnesses and evidence.
Given that the prosecution is expected to conclude their statement by July 25, Storm's lawyers have revealed their defense strategy. Before the trial began, Storm was uncertain whether his legal team would have him testify in his own defense. (Cointelegraph)
July 26
None
July 27
None
