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Trump Claims That Reaching an Agreement with China is "Extremely Difficult", Sino-U.S. Trade Talks Have Stalled

On June 4, according to CNBC, Trump posted on the Truth Social platform on Wednesday that China's attitude towards tariffs is "very tough, making it extremely difficult to reach an agreement." Meanwhile, senior officials at the White House revealed that the leaders of the two countries may have a phone call this week. Both sides are accusing each other of violating the trade agreement reached on May 12 in Switzerland, which originally required a suspension of most tariffs for 90 days. China has not significantly relaxed its restrictions on rare earth exports, while the U.S. continues to advance measures to restrict China's access to advanced technology and announced the beginning of revoking Chinese student visas. U.S. Treasury Secretary Yellen acknowledged that negotiations have "somewhat stalled" and indicated that direct intervention from the leaders of both countries may be needed to resolve the issues.

#关税

Matrixport: The new president actively promotes cryptocurrency reforms in South Korea, but has yet to fully boost market enthusiasm

FXH Non-Small Number News: Matrixport released today's chart stating that the new president of South Korea, Lee Jae-myung, is actively promoting a series of cryptocurrency reform measures, clearly supporting the legalization of spot Bitcoin ETFs, issuing stablecoins pegged to the Korean won, and easing restrictions on institutional investors entering the cryptocurrency market. Additionally, Lee Jae-myung plans to revise the current regulatory provisions for trading platforms and establish a 'Digital Asset Committee' to promote the formulation and implementation of related policies such as the 'Basic Law on Digital Assets.'
These measures aim to align with global financial development trends, strengthen South Korea's financial sovereignty, and accelerate the integration of digital assets into South Korea's mainstream economy. Despite the increasingly friendly regulatory environment, local cryptocurrency trading activity in South Korea remains relatively sluggish, and the president's reform commitments have yet to fully stimulate market enthusiasm.

#韩国加密政策 #稳定币

Binance: Has upgraded the risk control system to strengthen detection of bot participation in Binance Alpha

FXH Non-Small Number News: Binance's official statement said: "We have recently detected that certain groups are using bots to participate in Alpha, which undermines the fairness of the Binance Alpha points program. Therefore, we have upgraded the risk control system to enhance the detection and handling of such behavior."

#Binance #ALPHA

Binance will launch RESOLV perpetual contracts and Alpha trading

FXH Non-Small Number News: According to the official announcement, Binance will open trading for Resolv (RESOLV) on BinanceAlpha at 13:00 (UTC) on June 10, 2025, and will launch the RESOLVUSDT perpetual contract (50x leverage) at 13:30 (UTC). At the same time, eligible users can claim exclusive airdrops through the BinanceAlpha event page from 13:00 on June 10, 2025, to 13:00 on June 11 (UTC).

#Resolv #BinanceAlpha

South Korean media: Lee Jae-myung elected President of South Korea

FXH Non-Small Number News: According to a late-night report from South Korean JTBC TV on the 3rd, Democratic Party candidate Lee Jae-myung has been elected President of South Korea. (Xinhua News Agency) Lee Jae-myung previously proposed the introduction of a stablecoin pegged to the Korean won during policy discussions, aimed at curbing capital outflows and enhancing national financial sovereignty. As South Korean law currently prohibits the issuance of domestic stablecoins, local exchanges mainly rely on US dollar stablecoins.

#韩国加密政策