WuBlockchain Weekly:Bitcoin OP_RETURN Change Scheduled for October, Ant International Applies for Stablecoin Licenses in Multiple Regions, Solana ETF May Be Approved as Early as July, etc

Jun 13, 2025

1. Bitcoin Core Development Team Schedules OP_RETURN Change for October link

The Bitcoin Core development team has announced that in the Core 30 version to be released in October, the default settings of OP_RETURN will be modified, and the upper — limit of the data carrier will be increased from 80 bytes to nearly 4MB. This decision marks a phased victory for the reformist faction led by Antoine Poinsot in the long — standing controversy with conservatives such as Luke Dashjr.

2. US May Unadjusted CPI Annual Rate at 2.4%, Expected 2.50% link

The U.S. May seasonally adjusted CPI month-on-month rate was 0.1%, compared with the expected 0.2% and the previous value of 0.2%. The U.S. May unadjusted CPI year-on-year rate was 2.4%, compared with the expected 2.5% and the previous value of 2.3%. The U.S. May unadjusted core CPI year-on-year rate was 2.8%, in line with the expected 2.9% and the previous value of 2.8%. The U.S. May seasonally adjusted core CPI month-on-month rate was 0.1%, compared with the expected 0.3% and the previous value of 0.2%. With CPI data comprehensively lower than expected, traders have increased their bets on the Federal Reserve cutting interest rates in September.

3. US Senate to Hold Final Vote on 《GENIUS Act》 on June 17th link

The U.S. Senate plans to hold a final vote on the GENIUS Act on June 17 (Tuesday), with the specific time to be determined by the Majority Leader. Earlier, the Senate approved a procedural motion (cloture) for amendments to the GENIUS Act by a vote of 68 to 30, paving the way for the final vote.

Previously, the Senate passed a procedural motion on amendments to the GENIUS Stablecoin Act with the same 68–30 vote, following a failed attempt to advance the bill in May. About a week later, it approved another procedural motion by 66 to 32. The bill requires stablecoins to be fully reserved with U.S. dollars or equivalent high-liquidity assets, and mandates annual audits for issuers with a market capitalization exceeding $50 billion.

4. SEC Chairman Paul Atkins: Self — custody Is a Fundamental Value in the US link

The U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated at a cryptocurrency task force roundtable held on June 9 that self-custody of private property is “a fundamental American value” and should not be forfeited due to internet use. He supports granting market participants greater flexibility for self-custody of crypto assets when intermediaries impose unnecessary transaction costs or restrict on-chain activities such as staking.

5. SEC Requires Solana ETF Applicants to Update S — 1 Documents, May Be Approved as Early as July link

The U.S. Securities and Exchange Commission (SEC) has required institutions planning to issue Solana spot — ETFs to submit updated S — 1 documents within one week and will provide feedback within 30 days. The updated content includes the description of in — kind redemptions and staking mechanisms, and the SEC is open to including staking in the ETF structure. According to an informed source, this may lead to the approval of Solana ETFs within 3 to 5 weeks, and the earliest possible approval time is July.

6. Strategy Announces Purchase of 1,045 More Bitcoins link

Strategy has announced another purchase of 1,045 bitcoins, costing approximately $110 million at an average unit price of about $105,426. As of June 8, Strategy’s total bitcoin holdings have reached 582,000, with an accumulated acquisition cost of around $40.79 billion and an average purchase price of approximately $70,086.

7. Ant Group Plans to Apply for Stable — coin Licenses in Hong Kong and Singapore link

Ant Group Co.’s international business unit is planning to apply for stablecoin licenses in Singapore and Hong Kong. According to informed sources, Ant International, which is headquartered in Singapore, will immediately apply for a stablecoin issuer license in Hong Kong after the city’s Stablecoins Ordinance comes into effect in August. In addition to Singapore, the company also plans to seek licensing in Luxembourg. The sources said the move aims to strengthen the company’s blockchain business to support its cross-border payment and fund management services. They noted that Ant Financial processed over $1 trillion in global transactions last year, one-third of which were handled by its blockchain-based Whale platform.

In response to reports that Ant International is planning to apply for stablecoin licenses in Hong Kong and Singapore, the unit said it is accelerating investments and expanding cooperation in global treasury management, putting its AI, blockchain, and stablecoin innovations into reliable large-scale applications. “We welcome the passage of the Stablecoin Bill by the Hong Kong Legislative Council and will submit our application as soon as the relevant channels open upon the bill’s entry into force on August 1, hoping to contribute more to building Hong Kong into a future international financial center,” Ant International said.

8. Walmart and Amazon Evaluating Feasibility of Issuing Their Own Stable — coins in the US link

According to a report in The Wall Street Journal, Walmart and Amazon are evaluating the feasibility of issuing their own stablecoins in the United States or adopting third-party stablecoins, with the goal of reducing payment fees and improving settlement efficiency. The plan is expected to move forward after the Genius Act clarifies the regulatory framework for stablecoins. Sources said the two companies are also considering joining a merchant-led stablecoin alliance.

9. Cryptocurrency Fund AUM Reached a Record — high $167 Billion in May link

The assets held by cryptocurrency — focused funds reached a record high in May. According to data from Morningstar on 294 cryptocurrency funds, these funds attracted a net inflow of $7.05 billion last month, the highest level since December last year, driving the total assets under management to a record — breaking $167 billion. In contrast to cryptocurrency funds, Lipper data showed that global equity funds experienced a net outflow of $5.9 billion in May, while gold funds saw their first net outflow in 15 months, amounting to $678 million.

10. Dispute Breaks out between Ethereum Developers and Foundation Directors, EF Reportedly Offers $5 Million to Spin off Geth Development Team link

On June 11, a dispute broke out between Ethereum developer Péter Szilágyi and Tomasz Stańczak, the co — executive director of the Ethereum Foundation.

Szilágyi, a key member of the Geth (the main client software of Go Ethereum) development team, said that the foundation had proposed on multiple occasions to offer $5 million to make the Geth team independent from the foundation, but he and his team members refused the proposal and chose to remain within the foundation. In addition, the Ethereum Foundation once provided Parity, another Ethereum client — development company, with an unconditional $5 million in funding to ensure that there are multiple clients on the Ethereum network and reduce the dependence on Geth.

Previously, Tomasz Stańczak, the co — executive director of the foundation, stated that there is no plan to remove Geth and that the foundation will continue to support its development work.

Fundraising

SBI Holdings and its subsidiaries invested $50 million in Circle. link
Layer2 protocol RISE Chain announced that it has received a $4 — million investment from Galaxy Ventures. link
Web3 investment company JDI announced that it has fully acquired the blockchain project Moonchain. link
Pompliano is set to become the CEO of ProCapBTC and plans to raise $750 million through SPAC to purchase bitcoins. link
DeFi Development Corp. obtained a $5 — billion equity financing quota for increasing its SOL holdings. link
Trident Digital plans to raise $500 million to establish an XRP reserve. link
Wallet infrastructure company Turnkey completed a $30 — million Series B financing. link
Stable — coin start — up Noah completed a $22 — million financing. link
Web3 security company Hypernative completed a $40 — million Series B financing. link
Consumer loyalty platform Try Your Best completed an $11 — million Series A financing. link
OneBalance announced the completion of a $20 — million Series A financing. link
The Blockchain Group completed a €9.7 — million financing and plans to increase its bitcoin holdings by approximately 80. link
OpenTrade completed a $7 — million strategic financing, led by Notion Capital and Mercury Fund. link
Silhouette announced the completion of a $3 — million Pre — Seed round of financing led by RockawayX. link
Orange Cap Games completed a $3.5 — million seed — round financing, led by 1kx and Yuga Labs. link

Learn more, check out crypto-fundraising.info.

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