The week of June 22 to June 28 brings a dense calendar for global markets and the crypto sector. The agenda includes developments around the United States and Iran, U.S. macroeconomic data, technology-sector earnings, digital finance policy discussions, exchange-level trading adjustments and a major Base mainnet upgrade. Last week, the United States and Iran signed a preliminary agreement, creating room to extend the ceasefire, restore shipping through the Strait of Hormuz and advance follow-up nuclear talks. Investors’ expectations for further easing in the Middle East rose as a result.
June 22: South Korea’s Financial AI Rules and S&P 500 Changes
South Korea’s Financial Services Commission released a revised version of its “Guidelines on Artificial Intelligence in the Financial Sector” on June 18. The new guidance takes effect on June 22 and applies across the financial industry as well as to FinTech companies. It covers financial companies introducing AI and FinTech firms that affect financial transactions. The framework sets out seven principles: governance, legality, auxiliary nature, trustworthiness, financial stability, fiduciary duty and security.
The South Korean government also plans to relax some network-isolation security regulations applied to certain financial institutions. It will improve the consent system for personal credit information, rules on data anonymization and related data-combination procedures. It will also study responsibility and authority rules for AI Agents, together with a dedicated AI regulatory framework. On the same day that the revised guidance takes effect, South Korea’s Financial Supervisory Service will release an AI risk management framework for the financial sector, while the Financial Security Institute will publish AI security guidance for finance.
Also on June 22, S&P Dow Jones Indices announced that Marvell Technology, trading under the ticker MRVL, will officially be added to the S&P 500 Index. Following the announcement, Marvell shares rose more than 7% in U.S. pre-market trading. Flex shares also gained after being selected for inclusion in the S&P 500 Index.
June 24-25: Micron Earnings, U.S. Data and a Digital Finance Roundtable
After the U.S. stock market closes on June 24, memory-chip giant Micron Technology will release its latest earnings results and guidance. On June 25 at 20:30 Beijing time, the United States will publish a series of economic indicators. The scheduled releases include initial jobless claims for the week ending June 20, the annual rate of the U.S. core PCE price index for May, the monthly rate of U.S. personal spending for May, the final annualized quarterly rate of first-quarter real GDP, the initial quarterly rate of first-quarter real personal consumption expenditures, the final quarterly rate of first-quarter real personal consumption expenditures, the final annualized quarterly rate of the first-quarter core PCE price index, the monthly rate of the May core PCE price index and the monthly rate of durable goods orders for May.
On the policy side, U.S. Representative William Timmons, a Republican and chair of the House Military and Foreign Affairs Subcommittee, announced that a roundtable will be held on June 25. The discussion will focus on how digital assets and cryptocurrencies can help individuals protect wealth, obtain assistance and maintain economic autonomy. The roundtable will also examine the intersection of digital finance and U.S. national security interests, as well as how the United States can maintain competitiveness in digital finance by promoting financial innovation.
Binance Trading Adjustments and Base’s Beryl Hard Fork
According to an official announcement, Binance will adjust the tick sizes for a number of spot trading pairs at 05:00 UTC on June 25, 2026. The affected pairs include BAND/USDT, BICO/USDT, BOME/TRY, BOME/USDC, BOME/USDT, C98/USDT, CATI/TRY, CATI/USDC, CATI/USDT, DOGS/TRY, DOGS/USDC, DOGS/USDT, DYM/TRY, DYM/USDC, DYM/USDT, EDEN/TRY, EDEN/USDC, EDEN/USDT, GALA/USDC, GALA/USDT, KGST/U, KGST/USDT, LSK/USDT, ME/TRY, ME/USDC, ME/USDT, PYTH/USDC, PYTH/USDT, RAY/USDC, RAY/USDT, SYN/USDC, SYN/USDT, USDC/USD, USDT/USD, XPL/TRY, XPL/USDC and XPL/USDT. Binance said the change is intended to increase market liquidity and improve the trading experience. The adjustment does not affect existing orders, while users need to update their trading bots accordingly.
Base, the Layer 2 network under Coinbase, is preparing its Beryl hard fork upgrade. The upgrade introduces the B20 native token standard, reduces the final confirmation period for single-proof withdrawals from seven days to five days, and upgrades Reth V2. The Reth V2 upgrade reduces disk usage by 50% and increases throughput by 33%. Beryl was scheduled to activate on the Sepolia testnet at 02:00 UTC+8 on June 19 and on the Base mainnet at 02:00 UTC+8 on June 26.
B20 is Base’s native token standard. It is an ERC-20-compatible token implemented through Rust precompiles and is designed for issuers of stablecoins, RWAs and long-tail tokens. The standard includes built-in compliance tools such as transfer policies, freezing and seizure functions, role-based access control, memos and supply caps. For withdrawals, the final decision window for the single-evidence dispute resolution procedure is shortened from seven days to five days. The dual-proof fast track introduced by Azul, using TEE plus ZK, remains at one day.
Binance also announced that it will stop supporting deposits and withdrawals of QuarkChain’s QKC token through the BNBSmartChain network at 16:00 Beijing time on June 26, 2026. After that time, deposits made through that network will not be credited to accounts and involve a risk of asset loss. Users can still conduct deposits and withdrawals through other networks supported by Binance. No specific items were listed for June 28.
SpaceX Seeks to Replace a $20 Billion Bridge Loan
Among items without a fixed date, SpaceX, listed in the source as SPCX.O, is preparing a large bond transaction. People familiar with the matter said the company’s partner investment banks could begin investor calls as soon as next week to discuss a bond issuance plan after the company completes a record IPO. The proposed bond sale is expected to be at least $20 billion, with investor communication starting as early as Monday. The plan and timing have not been finalized.
SpaceX plans to issue investment-grade U.S. dollar bonds for the first time. Proceeds from the issuance will be used to replace a $20 billion bridge loan maturing in September 2027. SpaceX’s IPO filing submitted to the U.S. Securities and Exchange Commission shows that, as of March 31, the bridge loan accounted for the bulk of the company’s $29.1 billion in long-term debt. People familiar with the matter said Bank of America, Citi, JPMorgan, Goldman Sachs and Morgan Stanley jointly provided the bridge loan and will lead the underwriting of the planned bond issuance.