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🗞 CryptoNews of the Day 🗞

U.S. Sen. Elizabeth Warren Adds New Co-Sponsors for Digital Asset AML Bill, What Does That Mean for Crypto?: 5 new senators joined as co-sponsors of Warren's Digital Asset Anti-Money Laundering Act, including 3 members of the banking committee.

👉Details: https://coinmarketcap.com/academy/article/us-senator-elizabeth-warren-adds-new-cosponsors-for-digital-asset-aml-bill

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UK Pension Fund M&G Invests $20M in First British-Regulated Bitcoin Derivatives Exchange: M&G, the investment arm of a UK-based pension fund, has invested $20 million in Global Futures & Options Holdings (GFO-X), the country's first regulated Bitcoin derivatives exchange.

👉Details: https://coinmarketcap.com/academy/article/uk-pension-fund-mandg-invests-dollar20m-in-first-british-regulated-bitcoin-derivatives-exchange

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Japan’s SBI Holdings Signs MoU With Saudi Aramco, Exploring Digital Assets Investments: Japanese financial services firm SBI Holdings and Saudi Arabia’s state-owned oil company Saudi Aramco are contemplating a partnership in digital asset investment.

👉Details: https://coinmarketcap.com/academy/article/japans-sbi-holdings-signs-mou-with-saudi-aramco-exploring-digital-assets-investments

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[CMC Research] CoinMarketCap Market Overview: Dec 2023 🎓
#CMC dives into the latest news unfolding across the #crypto space 🚀
🔹 Market Insights
🔹 Crypto Trends
🔹 Token Developments
🔹 and more!

https://coinmarketcap.com/academy/article/coinmarketcap-december-2023-market-overview

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🗞 CryptoNews of the Day 🗞

United States, Japan and South Korea Discuss North Korea's Crypto Theft and Weapons Program: National security officials from the United States, South Korea, and Japan convened to address North Korea's cryptocurrency thefts and its nuclear and ballistic missile programs.

👉Details: https://coinmarketcap.com/academy/article/united-states-japan-and-south-korea-discuss-north-koreas-crypto-theft-and-weapons-program

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Tether Announces Collaboration With Regulators To Freeze Wallets of OFAC-Sanctioned Persons: Stablecoin issuer Tether, behind leading stablecoin by market capitalization USDT, has taken a new step towards cooperation with law enforcement and regulatory agencies.

👉Details: https://coinmarketcap.com/academy/article/tether-announces-collaboration-with-regulators-to-freeze-wallets-of-ofac-sanctioned-persons

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Cross-chain Protocol LayerZero Confirms Token Airdrop in First Half of 2024: LayerZero Labs, a blockchain infrastructure provider, has revealed its intention to launch a token in the first half of 2024, according to a post on X.

👉Details: https://coinmarketcap.com/academy/article/cross-chain-protocol-layerzero-confirms-token-airdrop-in-first-half-of-2024

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🗞 CryptoNews of the Day 🗞

Montenegro Plans To Extradite Do Kwon to the United States: According to a Wall Street Journal report on December 7, Terraform Labs co-founder Do Kwon will be extradited to the United States.

👉Details: https://coinmarketcap.com/academy/article/montenegro-plans-to-extradite-do-kwon-to-the-united-states

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Robinhood Expands Crypto Trading Services to Europe, as Crypto Trading Volume Surges in US: Robinhood, the trading and brokerage firm, has announced the launch of its crypto services for eligible customers in the European Union (EU) on December 7.

👉Details: https://coinmarketcap.com/academy/article/robinhood-expands-crypto-trading-services-to-europe-as-crypto-trading-volume-surges-in-us

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🗞 CryptoNews of the Day 🗞

Hong Kong Regulators Block Access to BitCuped and HongKongDAO, Warns of Fraud: The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraudulent activities.

👉Details: https://coinmarketcap.com/academy/article/hong-kong-regulators-block-access-to-bitcuped-and-hongkongdao-warns-of-fraud

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🗞 CryptoNews of the Day 🗞

JPMorgan CEO Jamie Dimon Criticizes Crypto, Saying He Would “Close It Down”: Jamie Dimon, CEO of JP Morgan Chase, has once again expressed his strong opposition to cryptocurrencies.

👉Details: https://coinmarketcap.com/academy/article/jpmorgan-ceo-jamie-dimon-criticizes-crypto-saying-he-would-close-it-down

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Swiss City of Lugano Adopts Bitcoin and USDT as Payment for Taxes and Municipal Services: The city of Lugano in Switzerland has embraced digital currencies by enabling its citizens and businesses to utilize them for tax payments and municipal fees.

👉Details: https://coinmarketcap.com/academy/article/swiss-city-of-lugano-adopts-bitcoin-and-usdt-as-payment-for-taxes-and-municipal-services

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SEC Delays Grayscale Spot Ethereum ETF Decision, Extends Review to January 2024: The United States Securities and Exchange Commission (SEC) announced it will delay its decision on Grayscale's proposed Ethereum spot ETF.

👉Details: https://coinmarketcap.com/academy/article/sec-delays-grayscale-spot-ethereum-etf-decision-extends-review-to-january-2024

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🗞 CryptoNews of the Day 🗞

CME’s Bitcoin Futures Open Interest Approaches All-time High as BTC Surges: Bitcoin futures open interest on the Chicago Mercantile Exchange (CME) has approached $5.2 billion, nearing its previous all-time high recorded in late October 2021.

👉Details: https://coinmarketcap.com/academy/article/cmes-bitcoin-futures-open-interest-approaches-all-time-high-as-btc-surges

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🗞 CryptoNews of the Day 🗞

Spanish Man Arrested For Teaching North Korea How To Use Crypto To Evade Sanctions: A Spanish individual named Alejandro Cao de Benós has been arrested in Madrid under suspicion of providing instruction to North Koreans on the use of cryptocurrencies to evade US sanctions.

👉Details: https://coinmarketcap.com/academy/article/spanish-man-arrested-for-teaching-north-korea-how-to-use-crypto-to-evade-sanctions

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🗞 CryptoNews of the Day 🗞

FIFA Launches NFT Collection With Modex Ahead of 2023 Club World Cup: FIFA, the governing body of international soccer competitions, has announced the launch of a non-fungible token (NFT) collection in collaboration with blockchain firm Modex.

👉Details: https://coinmarketcap.com/academy/article/fifa-launches-nft-collection-with-modex-ahead-of-2023-club-world-cup

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Crypto 1’s $500M C1 Fund Explores Australian Market, Looking To Acquire Shares in Crypto Companies like Animoca Brands and Chainalysis: Crypto 1, a Silicon Valley and United Arab Emirates-based firm, is actively seeking opportunities in the Australian market through its C1 Fund.

👉Details: https://coinmarketcap.com/academy/article/crypto-1s-dollar500m-c1-fund-explores-australian-market-looking-to-acquire-shares-in-crypto-companies-like-animoca-brands-and-chainalysis

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El Salvador’s Bitcoin ‘Volcano Bonds’ Approved, Set To Launch in Early 2024: El Salvador's highly anticipated Bitcoin bonds, also known as "Volcano Bonds," have received regulatory approval and are scheduled to launch in the first quarter of 2024.

👉Details: https://coinmarketcap.com/academy/article/el-salvadors-bitcoin-volcano-bonds-approved-set-to-launch-in-early-2024

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NFT Project Pudgy Penguins Unveils Pudgy World NFT Game: Pudgy Penguins, the Ethereum-based NFT collection, has revealed a trailer for its upcoming 3D browser game experience, Pudgy World, during Art Basel in Miami.

👉Details: https://coinmarketcap.com/academy/article/nft-project-pudgy-penguins-unveils-pudgy-world-nft-game

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US National Vulnerability Database Labels Bitcoin Inscriptions as Cybersecurity Risk: The National Vulnerability Database (NVD) has identified Bitcoin's inscriptions as a cybersecurity risk, bringing attention to a security flaw.

👉Details: https://coinmarketcap.com/academy/article/us-national-vulnerability-database-labels-bitcoin-inscriptions-as-cybersecurity-risk

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VanEck Files Amendment to Spot Bitcoin ETF Application, Changing Ticker to $HODL: Asset manager VanEck has submitted a fifth amended application for a spot Bitcoin exchange-traded fund (ETF) on December 8.

👉Details: https://coinmarketcap.com/academy/article/vaneck-files-amendment-to-spot-bitcoin-etf-application-changing-ticker-to-dollarhodl

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UK Financial Conduct Authority Adds Justin Sun-Backed Poloniex to Warning List: The Financial Conduct Authority (FCA) of the United Kingdom has included cryptocurrency exchange Poloniex on its warning list of non-authorized companies.

👉Details: https://coinmarketcap.com/academy/article/uk-financial-conduct-authority-adds-justin-sun-backed-poloniex-to-warning-list

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Jack Dorsey’s Block Launches “Bitkey” Self Custody Bitcoin Wallet: Financial payment processor Block, co-founded by Jack Dorsey, has unveiled its self-custody Bitcoin wallet called "Bitkey."

👉Details: https://coinmarketcap.com/academy/article/jack-dorseys-block-launches-bitkey-self-custody-bitcoin-wallet

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Canada’s Crypto Exchanges Hits $1B CAD in Assets Under Management: Bitbuy and Coinsquare, two prominent Canadian cryptocurrency exchanges, have reached a significant milestone by surpassing 1 billion Canadian dollars ($736 million) in assets.

👉Details: https://coinmarketcap.com/academy/article/canadas-crypto-exchanges-hits-dollar1b-cad-in-assets-under-management

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U.S. House Committee Unanimously Approves Legislation Supporting Blockchain Technology: In a significant step forward for crypto-friendly legislation, a bill directing the U.S. Secretary of Commerce to support blockchain technology.

👉Details: https://coinmarketcap.com/academy/article/us-house-committee-unanimously-approves-legislation-supporting-blockchain-technology

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Bitcoin's Rally Crushes Crypto Stocks Short Traders, Resulting in $2.6B in Losses Over Last 3 Months: Bitcoin (BTC)'s recent aggressive rebound has dealt a devastating blow to short sellers of crypto stocks, resulting in losses exceeding $2.6 billion in less than three months.

👉Details: https://coinmarketcap.com/academy/article/bitcoins-rally-crushes-crypto-stocks-short-traders-resulting-in-dollar26b-in-losses-over-last-3-months

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Italy and South Korea’s Central Banks MoU on CBDCs Collaboration: Banca d'Italia, the central bank of Italy, has announced its partnership with the Bank of Korea, South Korea's central bank.

👉Details: https://coinmarketcap.com/academy/article/italy-and-south-koreas-central-banks-mou-on-cbdcs-collaboration

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Elon Musk's xAI Files With SEC To Raise $1B in Private Equity Sale: Elon Musk's company specializing in artificial intelligence, xAI, has reached an agreement for the private sale of equity securities valued at $865.3 million.

👉Details: https://coinmarketcap.com/academy/article/elon-musks-xai-files-with-sec-to-raise-dollar1b-in-private-equity-sale

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🗞 CryptoNews of the Day 🗞

Crypto ETFs Poised for Launch in 2024, Says Hashdex: Hashdex predicts U.S. spot Bitcoin and Ether ETFs will launch by Q2 2024, sparking further crypto adoption and growth.

👉Details: https://coinmarketcap.com/academy/article/crypto-etfs-poised-for-launch-in-2024-says-hashdex

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Cosmos’ Osmosis Chain and UX Chain Proposes Merger: Osmosis, the leading decentralized exchange on Cosmos, and lending protocol UX Chain (formerly Umee) have put forward a merger proposal within the Cosmos ecosystem.

👉Details: https://coinmarketcap.com/academy/article/cosmos-osmosis-chain-and-ux-chain-proposes-merger

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