This week's news preview | Ethereum will activate Pectra upgrade on Holesky testnet, and Metaplanet will be included in the MSCI Japan Index

Compiled by: Jerry, ChainCatcher

Key News:

• Ethereum plans to activate Pectra upgrade on Holesky Test Network on February 24
• FX tokens to be renamed to PUNDIAI on February 25, implementing 100:1 supply cuts
• Türkiye will introduce stricter anti-money laundering regulations on cryptocurrency on February 25
• The U.S. Senate Bank Digital Assets Subcommittee will hold its first hearing on February 26 local time to discuss the theme of "Exploring the Bipartisan Legislative Framework for Digital Assets"
• Metaplanet will be included in the MSCI Japan Index on February 28
• FTX's 11.2 million SOLs will be unlocked on March 1, which is approximately US$2.06 billion
• Arkham Exchange will provide spot trading services to users in 17 U.S. states starting March 1

February 24 (Monday)

Binance will remove AMB, CLV, STMX, VITE on February 24

Binance will stop trading at 11:00 on February 24, 2025 (East Eighth District time) and remove AMB, CLV, STMX, and VITE.

Bithumb: Services are scheduled to be suspended for about 6 hours due to internal system upgrades

Bithumb announced that it will conduct internal system upgrades from 01:00 to 07:00 (Korean time) on February 24, 2025, and all Bithumb services (Bithumb APP/Mobile Web Page/PC/API) will be suspended at that time, and the service maintenance time may be advanced. End or delayed.

To protect customers holding pending orders, pending orders may be cancelled, so please cancel the buy/sell pending orders before the service checks as much as possible.

205th Ethereum ACDE meeting: Pectra upgrade is planned to be activated on the Holesky test network on February 24

Christine Kim, vice president of research at Galaxy, summarizes the 205th Ethereum Core Developer Execution (ACDE) conference call. This week, developers expect that if the public test network upgrade is smooth, Pectra will be launched on the Ethereum main network around April 8; developers The timetable for the Ethereum Public Test Network upgrade was confirmed, and the team will release the software to activate the Pectra upgrade on February 24 and March 5 respectively as planned; the developers then discussed Beiko's proposal, that is, in Pectra locks the scope of the next Ethereum upgrade to Fusaka before the Ethereum mainnet goes online.

Tuesday, February 25

CoinList will be available for Obol token sale on February 25

CoinList issued an announcement stating that it will enable Obol token sales, which is the basis of the L1 blockchain and decentralized infrastructure network.

The purchase period for Obol sales begins at 17:00 (UTC) on February 24, 2025 and ends at 17:00 (UTC) on March 3, 2025.

The sale price is 30% discount to Obol's $180 million FDV in its last venture round. The sale does not apply to the United States, China, Canada and certain other jurisdictions.

FX tokens to be renamed to PUNDIAI on February 25, implementing 100:1 supply cuts

The FX Token was officially renamed PUNDIAI at 10:00 am on February 25, 2025 (GMT+8). This upgrade will be automatically or manually based on the blockchain where the token is located. FX on Pundi AIFX Omnilayer (formerly f(x)Core) will be automatically upgraded, including staking and non-staking tokens.

FX located on the Base chain and Ethereum network needs to be upgraded manually. The upgrade page will be provided later. Users can bridge FX back to Pundi AIFX Omnilayer for automatic upgrade. The centralized exchange participating in this upgrade will provide automatic upgrades. Please pay attention to the exchange for specific time.

Türkiye will introduce stricter anti-money laundering regulations on cryptocurrency on February 25

Türkiye introduced new cryptocurrency regulatory legislation in the last week of 2024, a move inspired by the active regulatory developments in major global jurisdictions such as Europe.

According to the documents released, the new regulations require users who trade more than 15,000 Turkish lira (about 425 US dollars) to provide their identity information to the country's cryptocurrency service provider.

This new anti-money laundering (AML) regulation, designed to prevent money laundering and financing of terrorist activities through cryptocurrency transactions, will be implemented on February 25, 2025 .

Wednesday, February 26

The U.S. Senate Bank Digital Assets Subcommittee to hold its first hearing on February 26 local time

The U.S. Senate Bank Digital Assets Subcommittee will hold its first hearing on February 26 local time to discuss the theme of "Exploring the bipartisan legislative framework for digital assets."

Thursday, February 27

[Upbit: NFT service is scheduled to be suspended for 2 hours on February

27](https://www.chaincatcher.com/article/2168786)

South Korean cryptocurrency exchange Upbit announced that due to the planned database maintenance task, the NFT service is scheduled to be suspended for 2 hours from 06:00 to 08:00 on February 27, during which time, the deposit of Ethereum and Polygon-based NFTs in Upbit's NFT service will be held. And the extraction will not be carried out, and this inspection may be postponed or cancelled according to market conditions.

Kraken will close its NFT market on February 27

Cryptocurrency exchange Kraken will close its NFT market to free up resources for upcoming projects. After November 27, 2024, users will be unable to list, bid for or sell NFTs on Kraken's NFT market and can only withdraw assets, which will be completely closed on February 27, 2025.

February 28 (Friday)

[Brazil's central bank considers banning the withdrawal of stablecoins

from exchanges to personal wallets, public consultation will continue until February 28](https://www.chaincatcher.com/article/2154483)

The Central Bank of Brazil (BCB) has released a regulatory proposal that prohibits centralized exchanges from allowing users to withdraw stablecoins into self-protection wallets. According to the public consultation notice, the transfer of stablecoins (called “tokens denominated in foreign currencies”) between residents will be restricted in situations where Brazilian law already allows payments in foreign currencies.

The move is part of the crypto-regulatory bill approved by Brazil in December 2022, which sets the BCB to formulate rules for the country's crypto industry. Public consultation will continue until February 28, 2025, and market participants can share their opinions with regulators. However, BCB can overturn opinions and act as stated in the document.

Metaplanet will be included in the MSCI Japan Index on February 28

Simon Gerovich, CEO of Japanese listed company Metaplanet, disclosed that the company will be officially included in the MSCI Japan Index after the close of February 28, 2025. As a well-known Bitcoin finance company in Asia, Meta Planet's selection marks the recognition of its Bitcoin strategy by mainstream markets.

Simon said the inclusion will have three positive effects on Meta Planet: First, it will significantly increase the company's visibility among global investors; second, passive funds and ETFs tracking the MSCI index will automatically allocate the stock, bringing the New capital inflows; finally, the selection also proves that the company's market position and business strategy have been recognized.

The MSCI (Morgan Stanley Capital International) index is an important investment benchmark for institutional investors around the world. The MSCI Japan Index mainly tracks large and medium-sized listed companies in Japan.

Fed Barr announces resignation as vice chairman of regulation on February 28

According to a Fed statement, Fed Barr announced that he would resign as vice chairman of regulation on February 28, 2025.

The Fed said Barr will continue to serve as the Fed's governor, but does not intend to participate in major rule-making until the successor to the vice-chairman position is determined.

March 1 (Saturday)

[Arkham Exchange will provide spot trading services to users in 17 U.S.

states starting March 1](https://www.chaincatcher.com/article/2169037)

Arkham Intelligence, a cryptocurrency exchange and data analytics company, announced on Saturday that it will provide spot cryptocurrency transactions to users in 17 U.S. states starting March 1.

The move is another move after Arkham announced the launch of a USDT-based perpetual currency exchange last November. Colorado, Hawaii, Indiana, Iowa, Kansas, Michigan, New Hampshire, New Jersey, South Carolina, Tennessee, Utah, Virginia, Wyoming, Wisconsin, California, Massachusetts And Montana users will be able to conduct spot trading.

FTX 's 11.2 million SOLs will be unlocked on March 1, which is approximately US$2.06 billion

According to @ai_9684xtpa monitoring, 11.2 million SOLs sold by FTX bankruptcy will be unlocked on March 1, worth $2.06 billion.

FTX has sold 41 million SOLs in three auctions.

March 2 (Sunday)

[OKX will remove GFT spot trading pairs, and GFT withdrawal service will

be suspended on March 2](https://www.chaincatcher.com/article/2154701)

OKX will remove GFT/USDT and GFT/USDC from December 3 from 5:00 to 5:30 pm (UTC+8) .

OKX has suspended the recharge operation of the above currency GFT at 4:00 pm on December 2, 2024 (UTC+8) , and will no longer be open in the future. Currency GFT withdrawal will be suspended at 4:00 pm on March 2, 2025 (UTC+8) , and will no longer be supported in the future.