Daily | Israel announces crackdown on Iran; US SEC formally abolishes harsh proposals for DeFi and custody proposed by former chairman Gary Gensler era

Reprinted from chaincatcher
06/13/2025·1DCompiled by: Jerry, ChainCatcher
Important information:
- Israel announces crackdown on Iran
- SharpLink Gaming, a company that previously implemented an ETH reserve strategy, fell more than 70%
- Iran: Israel and the United States will pay a heavy price
- US SEC formally abolishes the harsh proposal for DeFi and hosting proposed by former chairman Gary Gensler Times
- Binance announced the SGC TGE participation threshold, which requires 240 points to alpha points
- Iran to initiate a process for the removal of Israeli regime
- Chan Mo-po: Hong Kong will issue its second policy declaration on digital asset development in June
- Iranian government: Without the coordination and permission of the United States, the attack cannot occur
- Liang Fengyi: The Hong Kong Securities Regulatory Commission is actively building a virtual asset ecosystem, and will regulate virtual asset over-the-counter transactions and custodian institutions in the next step
- Walmart and Amazon are planning to issue their own stablecoins
“What important events have happened in the past 24 hours”
Israel announces crackdown on Iran
According to Kim Ho, Israeli Defense Minister Katz said that after Israel launched an attack on Iran, missile and drone attacks against Israel and its civilians are expected in the near future.
SharpLink Gaming, a company that previously implemented an ETH reserve strategy, fell more than 70%
According to Coindesk, SharpLink Gaming plummeted about 70% in after-hours trading on Thursday after submitting new documents to the US SEC.
It is reported that the company submitted an S-3ASR registration statement that allows the resale of up to 58,699,760 shares of shares of more than 100 shareholders associated with its private equity investment (PIPE) financing. The market once believed that the statement stated that PIPE investors had sold their shares, and board chairman Joseph Lubin posted on the X platform that the market "misunderstood" the S-3 document, which was only for potential resale of pre-registered shares. It is a standard procedure after PIPE transactions in the traditional financial field and does not represent actual selling.
Earlier this month, the company raised $450 million through PIPE, with investors including ConsenSys, Galaxy and Pantera Capital, and the financing funds will be used to acquire ETH as its reserve asset. Joseph Lubin, Ethereum co-founder and CEO of ConsenSys, also joined the company as chairman of the board.
Iran: Israel and the United States will pay a heavy price
According to Kim Shi, Iranian official media conveyed a statement from the General Staff of the Iranian Armed Forces, saying that Israel and the United States will "pay a very heavy price." In response, the United States and Israel will be "hardly hit".
According to The Block, the U.S. Securities and Exchange Commission formally withdrew several proposed rules on Thursday that would impose stricter regulation on DeFi and cryptocurrency custody.
The proposals were proposed under the leadership of former chairman Gary Gensler, who led the agency's "law enforcement regulation method". The proposals repealed include a proposed amendment to Rules 3b-16 of the Exchange Act issued in April 2023. The proposal seeks to expand the definition of an exchange, especially the inclusion of decentralized financial platforms in the regulation of the national stock exchange. The proposal has attracted criticism from all parties in the industry.
Binance announced the SGC TGE participation threshold, which requires 240 points to alpha points
Binance tweeted that the participation threshold for SGC TGE has been announced and users need to reach 240 points of Alpha points before they can participate.
Iran to initiate a process for the removal of Israeli regime
According to Iran's Tasnim News Agency, Iran will initiate a process for the removal of the Israeli regime in view of the serious mistakes made by the Israeli regime. It is reported that Iran's response to Israel's terrorist military attacks will be different from previous reactions.
The media said Israeli Prime Minister Netanyahu's mistakes will push the Zionist regime to the brink of collapse, which will mark the beginning of the painful end of Israeli entities.
Chan Mo-po: Hong Kong will issue its second policy declaration on digital asset development in June
Hong Kong Special Administrative Region Financial Secretary Chan Mo-po said at the 2025 Caixin Summer Summit that Hong Kong has launched a digital asset trading platform license system and a stablecoin license system, and is promoting regulatory arrangements for custody and over-the-counter trading. "This month, we will publish the second policy declaration on the development of digital assets in Hong Kong, focusing on the combination of financial services and innovation, expanding the scenarios of digital asset application, etc.."
According to Kim Shi, the Iranian government said that the attack could not have occurred without the coordination and permission of the United States.
When attending the Caixin Summer Summit, Hong Kong Securities Regulatory Commission CEO Leong Fengyi said that the Hong Kong Securities Regulatory Commission had proposed a regulatory framework for virtual assets from the perspective of investor protection as early as 2018. In the context of multiple cycles, geopolitical and digital development, Bitcoin has become an alternative asset and a tool for competing for financial commanding heights. Hong Kong adopts the regulatory concept of "same business, same risks, same rules". In addition to licensed exchanges, the next step will be to include over-the-counter trading and custodian institutions in the supervision.
The Hong Kong Securities Regulatory Commission is actively building a virtual asset ecosystem. This robust ecosystem must be compliant, controlled risks, and sustainable in order to enable investors to seize new opportunities. The Hong Kong Securities Regulatory Commission supports the listing of spot ETFs for virtual assets and expands related scope, such as the recent allowing pledge services for virtual assets.
Walmart and Amazon are planning to issue their own stablecoins
According to the Wall Street Journal, Walmart and Amazon are exploring the issuance of their own stablecoins in the US market, or for payment and settlement in their own merchant ecosystem. The move could transfer large amounts of cash and card swipe transactions out of the traditional financial system, reduce billions of dollars in handling fees and speed up payments, according to sources.
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Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of June 13, 19:50:
The top five popular Ethereum tokens in the past 24h are: ZEUS, VIRTUAL, DEGEN, RICO, SBET
The top five popular tokens in the past 24h are: Fartcoin, ARROW, Lmm, coded, LAUNCHCOIN
The top five popular tokens in the past 24h Base are: SKIRATZ, SAPU, VIRTUAL, AERO, SATO