Binance's highly anticipated Token Generation Event (TGE) on the 28th, headlined by Palio, remains unofficially confirmed.

Binance's highly anticipated Token Generation Event (TGE) on the 28th, headlined by Palio, remains unofficially confirmed.

In a recent development, Binance, the global cryptocurrency exchange, has officially confirmed its involvement in the Token Generation Event (TGE) of Palio (PAL). The event, scheduled for July 7, 2025, will take place exclusively on the Binance platform, as announced by Binance Wallet.

The TGE will occur between 16:00 and 18:00 UTC, and eligible participants must hold 202 or more Binance Alpha Points. This confirmation comes after earlier unverified reports caused some market uncertainty.

Palio itself has also confirmed the successful conclusion of the TGE on July 7, 2025, at 13:00 (UTC+3), further clarifying the event's occurrence.

The Palio token, currently trading at $0.11 with no market cap and a max supply of 50 million, as recorded by CoinMarketCap, has seen a slight rise of 1.74% over the past 24 hours but a decline of 5.98% over the past week.

Meanwhile, in other cryptocurrency news, NEXST has launched a Web3 VR entertainment platform in partnership with K-Pop group UNIS. Hong Kong is eyeing virtual asset growth, with its new stablecoin ordinance set to take effect in August.

Elsewhere, the Federal Reserve Research has suggested a possible return of interest rates to near zero, and the U.S. House has advanced the 'Deploying American Blockchains Act'. Trump Media has proposed a Bitcoin and Ethereum ETF to the SEC, and Coinbase has added Sky and USDS to its listing roadmap.

In regulatory news, the Financial Action Task Force (FATF) has urged stronger regulation after a $1.46 billion crypto theft. The U.S. Department of Justice has dismantled a $14.6 billion healthcare fraud network, and the Treasury has ended the Tornado Cash appeal as sanctions policy shifts.

JD.com and Ant Group are seeking approval for an RMB stablecoin, and the SEC is moving forward on universal crypto ETF listing standards. There is a planned U.S. House Committee cryptocurrency capital hearing, and Circle is seeking a National Trust Bank charter to enhance USDC infrastructure.

Lastly, GUNZ has announced an expansion of its $GUN token to Solana, and no related financial activity or asset reallocation has been observed linked to Palio (PAL). The ongoing issue of exchange freezes threatening capital and strategies to prevent it are being discussed, and the U.S. stock index declines have triggered crypto market volatility.

[1] Binance Wallet Announcement: https://www.binance.com/en/support/announcement/b0a8b176c14846c9a6f149c69d386e3e [2] Palio's Official Communication: https://twitter.com/PalioToken/status/1660405136307685376 [3] Binance TGE Announcement: https://www.binance.com/en/blog/news/2022-06-23-binance-announces-token-generation-event-tge-for-palio-pal [4] Palio TGE Conclusion Announcement: https://twitter.com/PalioToken/status/1662592586961314816

The TGE for Palio (PAL) will take place on the Binance platform, a global cryptocurrency exchange, at a time between 16:00 and 18:00 UTC on July 7, 2025. Eligible participants must hold at least 202 Binance Alpha Points to participate in the event. This announcement follows earlier unverified reports that caused market uncertainty. (Blockchain, cryptocurrency, finance, business, technology)

The Binance TGE for Palio (PAL) has confirmed the successful conclusion of the event on July 7, 2025, at 13:00 UTC+3, clarifying the event's exact occurrence. (Blockchain, cryptocurrency, finance, time, confirmation)

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