The network is the innovation

South Korean crypto exchanges slam government’s proposed ownership cap

Whale Closes BTC Short Position with Loss, Opens New Long Position

Nigeria has passed a new tax law linking crypto transactions to identities via Tax Identification Numbers (TIN) and National Identity Numbers (NIN), ensuring traceability for tax purposes without compromising blockchain security. VASP are required to collect user details

Binance News Flash Recap

Crypto Market Structure Bill Markup Pushed To January End To Ensure Broad Support, Says Senator John Boozman

️ BRIAN ARMSTRONG: “A crypto wallet is an exit ramp from a failing local economy, available to anyone.”

According to Bubblemaps, former NYC Mayor Eric Adams' token, NYC, surged to a $600M market cap before crashing below $100M. On-chain data shows a wallet linked to the deployer (9Ty4M) seeded one-sided liquidity on Meteora, removed ~$2.5M USDC at the peak, and re-added ~$1.5M

Nvidia does not require upfront payment for H200 chips, a spokesperson for the US chipmaker said in a statement to Reuters. More here

️ Need to catch up on the news? Here's our top 10 from today: US Senate Agriculture Committee postpones crypto market structure bill markup to last week of January, citing need for more time to maintain bipartisan support. US Senators Wyden and Lummis introduce