Must Watch Next Week｜Trump's Digital Asset Task Force to Submit First Policy Report; Coinbase Derivatives to Launch Contract Business in the US (7.21-7.27)

Coinbase Derivatives plans to launch perpetual contract business in the US on July 21;

Trump administration's digital asset task force to submit first important cryptocurrency policy report on July 22;

Market news: Trump plans to deliver a speech on artificial intelligence on July 23;

European Central Bank to announce interest rate decision;

From July 21 to July 27, more noteworthy industry events are scheduled as follows.

Thailand SEC seeks public comments on digital asset listing standards, deadline July 21

Odaily Planet Daily News The Thailand SEC has announced a public consultation on the revision of token listing standards for digital asset exchanges, with the consultation period ending on July 21, 2025. According to the proposal, digital asset exchanges may in the future list "directly usable tokens or cryptocurrencies" issued by the exchanges themselves or their 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 information about affiliates of token issuers and to mark risk warnings in the system to help regulators prevent insider trading. At the same time, exchanges will still need to establish regulatory mechanisms for conflict of interest prevention, market manipulation, and unfair trading practices. Already listed tokens will need to supplement affiliate information within 90 days of the rules taking effect.

This move is part of Thailand's strategy to compete for international crypto business and establish itself as a regional financial center. Previously, the Thai government decided to exempt capital gains tax on crypto transactions for five years starting in 2024, which is expected to bring over $30.7 million in economic benefits. The government is also advancing a pilot for crypto tourism payments in Phuket and considering opening Bitcoin spot ETFs to retail investors. (Decrypt)

Coinbase Derivatives plans to launch perpetual contract business in the US on July 21

Odaily Planet Daily News According to official news, Coinbase Derivatives plans to launch perpetual contract business in the US on July 21. It is reported that this is a suite of US futures products that will track spot prices, offer leverage business, and comply with the regulations of the US Commodity Futures Trading Commission (CFTC). Additionally, this is one of the first such products in the US, aimed at filling the gap in the domestic crypto derivatives market. The two contract products are: nano Bitcoin Perpetual-Style Futures (0.01 BTC); nano Ether Perpetual-Style Futures (0.10 ETH).

Trump administration's digital asset task force to submit first important cryptocurrency policy report on July 22

Odaily Planet Daily News According to cryptoinamerica, the Trump administration's digital asset task force is intensifying preparations to submit the first important cryptocurrency policy report by July 22. This report is the result of months of collaboration between task force leaders David Sacks, Bo Hines, and senior officials from the Treasury, Commerce Department, SEC, CFTC, and other departments, 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 include regulatory and legislative recommendations, but specific contents are still unclear.

The task force's original mandate included developing a federal digital asset framework covering stablecoins (Congress has already initiated related procedures), and exploring whether to establish a national digital asset reserve (Trump established one in March). Task force member and CFTC acting chairman Caroline Pham described the report in a recent speech as the government's "cryptocurrency roadmap" and described the current work as "productive." White House officials said the report will be released as planned by the July 22 deadline. Although details of the report have not been disclosed, industry insiders speculate it may include: a strategy for funding a Bitcoin reserve without increasing taxpayer burden, and recommendations to ensure fair access to banking services from institutions like the Fed for crypto businesses—the Fed 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 News The public beta of Sahara AI Data Services Platform will launch on July 22, allowing anyone to participate in AI construction and earn real token rewards. At the same time, the platform will also provide new earning methods and additional incentives from exclusive partners, open globally.

Binance Alpha to list Yala (YALA) and launch airdrop event on July 22

Odaily Planet Daily News Binance announced that Binance Alpha will be the first platform to list Yala (YALA) on July 22. Eligible users can claim the airdrop using Alpha points on the event page after trading opens, with more details to be announced through official channels.

Market news: Trump plans to deliver a speech on artificial intelligence on July 23

Odaily Planet Daily News Trump plans to deliver an important speech on artificial intelligence next week, outlining his vision to ensure US dominance in the AI field. A government official revealed in advance that Trump is scheduled to speak at an event titled "Winning the AI Race" on July 23. This speech comes as the Trump administration is finalizing an AI action plan. This policy directive was ordered by Trump just days after taking office in January. Another insider said that after the plan is released, Trump is expected to sign an executive order to implement related policies. Trump showed early interest in AI during the campaign, promising to unleash AI innovation by repealing what he called "overly burdensome regulations" from his predecessor. (Jin10)

European Central Bank to announce interest rate decision

Odaily Planet Daily News At 8:15 Beijing time on July 24, the European Central Bank will announce its interest rate decision. Then at 8:45, ECB President Christine Lagarde will hold a monetary policy press conference.

US prosecutors expect to conclude Tornado Cash co-founder Roman Storm case by July 25

Odaily Planet Daily News 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 said the prosecution expects to conclude its case against Storm by the end of next week, after which Tornado Cash co-founder's lawyers will begin calling their own witnesses. Storm said he expects the trial to last "3-4 weeks" due to complex legal arguments and unforeseen witnesses and evidence.

Given that the prosecution expects to conclude its case by July 25, Storm's lawyers have revealed their defense strategy for the courtroom. Before the trial began, Storm said he was unsure whether his legal team would have him testify in person to defend himself. (Cointelegraph)

July 26

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July 27

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