▌Do Kwon will be extradited to the United States
According to market news, Montenegro’s Minister of Justice Božović has signed a decision that Do Kwon will be extradited to the United States.
▌Bloomberg: “Tokenization” is becoming the new favorite on Wall Street, and this wave of enthusiasm focuses on the digitization of financial assets
News on December 27, according to Bloomberg, as the price of Bitcoin Hitting record highs, asset tokenization (Tokenization) has once again become a hot topic in the traditional finance and cryptocurrency fields. The technology, which digitizes physical assets and records them on the blockchain, is gaining traction with Wall Street institutions including BlackRock. Industry insiders believe its potential may exceed that of the Internet. This round of asset tokenization boom is driven by factors such as the Bitcoin bull market and Trump’s election victory. Different from the attempts of blockchain technology in Walmart supply chain tracking and other scenarios a few years ago, this round of boom is more focused on real estate, bonds, etc. Digitization of financial assets.
Quotes
As of press time, according to Coingecko data:
BTC’s recent transaction price was US$94,171.78, with an intraday increase or decrease of -1.7%;
ETH’s recent price The transaction price was US$3,331.44, with an intraday increase or decrease of -0.5%;
BNB’s latest transaction price 692.87 US dollars, with an intraday increase or decrease of +0.8%;
SOL’s recent transaction price was 184.50 US dollars, with an intraday increase or decrease of -2.3%;
DOGE’s recent transaction price was 0.3125 yuan, with an intraday increase or decrease of The increase or decrease was -0.1%;
XPR’s recent transaction price was $2.14, with an intraday increase or decrease of -0.8%.
▌ The Administration of Foreign Exchange issued reporting management measures for high-risk transactions such as illegal cross-border financial activities of virtual currencies
News on December 27, according to the announcement of the Administration of Foreign Exchange , the "Measures for the Management of Bank Foreign Exchange Risk Transaction Reports (Trial)" have been released and will come into effect from now on. The "Measures" are supporting documents of the "Measures for the Management of Banks' Foreign Exchange Business Development (Trial)" and are intended to strengthen banks' foreign exchange risk management and conduct early identification and early detection of high-risk transactions such as suspected false trade, underground banks, and illegal cross-border financial activities involving virtual currencies. Early warning and early treatment. The main contents include: clarifying the reporting responsibilities of banks on foreign exchange risk transactions, requiring the establishment of a monitoring system and submission of reports; stipulating the scope of information reporting, including activities suspected of illegal and illegal cross-border capital flows; clarifying the content of the report, such as the basic situation and planned measures ; Strengthen internal management measures, including internal control systems and data confidentiality management.
▌The Central Bank of Cambodia approves compliant stablecoin services, but still bans Bitcoin
News on December 27, according to the "Phnom Penh Post" report, the Bank of Cambodia (NBC) announced that it would allow Commercial banks and payment institutions provide services related to stablecoins and asset-backed cryptocurrencies, but there are no supporting assets such as Bitcoin.Production is still prohibited. The new regulations require institutions to obtain approval before they can carry out crypto-asset exchange, transfer and custody services, and prohibit the use of customer assets. Previously, Cambodia blocked 16 unlicensed encryption trading websites to strengthen supervision of the digital asset market.
▌The IRS requires “DeFi brokers” to collect user transaction information
According to rules published in the Federal Register on Friday, the IRS requires “DeFi brokers” to collect user transaction information Transaction information. It is reported that "DeFi brokers" will act like traditional brokers dealing with securities and will be required to collect information about their users' transactions and send them 1099 forms. Brokers are required to send these 1099 forms to their clients. Additionally, some “decentralized finance industry participants” must file tax returns disclosing “the name and address of each customer.” The U.S. Treasury Department noted that the final rule applies to “front-end service providers” that interact “directly with customers,” meaning entities that run the main website used to access a decentralized protocol, rather than the protocol itself. The rule is expected to take effect on or after January 1, 2027, according to the document.
Blockchain Application
▌ai16z founder joined the Eliza project as a consultant
AVA issued a document on the X platform stating that ai16z founder Shaw joined the Eliza project as a consultant. At the same time, Eliza Studios director and ai16z creative person Jeff, Nous Research researcher Ropirito and Ryze Labs founder Matthew also announced that they have become consultants for the Eliza project.
▌OKX will launch GRIFFAIN and ZEREBRO perpetual contracts
According to the official announcement on December 27, OKX will launch GRIFFAIN and ZEREBRO perpetual contracts at 3:00 pm (UTC+8) on December 27 GRIFFAINUSDT contract trading was launched; and ZEREBROUSDT contract trading opened at 3:15 pm on December 27 (UTC+8). It is reported that Griffin is an AI agent platform that converts user intentions into actions by interacting with the AI agents on Griffin. Users can create personal AI agents and leverage their unique AI agent network. ZEREBRO is an autonomous artificial intelligence system designed to create, distribute and analyze content across multiple decentralized and social platforms
Cryptocurrency
▌Jito validator tip revenue reached approximately 210 million in November Record levels for the U.S. dollar
Jito’s monthly revenue from priority fees and tips exceeded $100 million in November and December, according to a report by cryptocurrency research firm Kairos Research. Kairos said Jito’s validators’ monthly tip income increased by an average of 32% in 2024. November, monthly revenue peaked at about $210 million. The increase in Jito’s tip revenue reflects the growing popularity of the Solana network and highlights the trend for validators to increase revenue by prioritizing certain transactions, a practice known as Maximum Extractable Value (MEV).
▌The crypto market sector has retreated for two consecutive days, and the CeFi and Hyperliquid sectors have bucked the trend and rose
According to SoSoValue data, the crypto market sector has retreated for two consecutive days, with the CeFi sector rising. Bucking the trend, the price increased by 0.36% in 24H. CEX-related tokens within the sector that saw significant gains yesterday continued to rise, with BGB rising 28.86% in 24 hours, 72.8% in the past seven days, and 367.69% in one month. In addition, Huobi (HT) rose 11.64%, OKB (OKB) rose 7.01%, Gate (GT) rose 6.69%, HYPE, which fell more than 10% yesterday, rose 6.64% today, and PURR and Hypurr Fun (HFUN) in the Hypeliquid sector rose respectively. 5.43% and 7.52%. In terms of other sectors, the DeFi sector fell by 2.78%, the Layer1 and Layer2 sectors fell by 3.05% and 3.88% respectively, and the Meme sector fell by 4.71%. The AI Agents sector, which had the highest increase yesterday, had a significant correction today, with a 24H decline of 7.7%. Fartcoin (FARTCOIN) within the sector fell back by 17.05%, and Virtuals ecological coins VIRTUAL, LUNA, and AIXBT fell by 9.64%, 7.02%, and 9.25% respectively.
▌The U.S. crypto industry calls on Congress to block new regulations for DeFi brokers
The U.S. Internal Revenue Service (IRS) announced new regulations on December 27 to include some decentralized finance (DeFi) protocols Defined as a broker and required customer identification (KYC) obligations, triggering strong opposition from the crypto industry. This regulation is expected to affect up to 875 DeFi brokers and 2.6 million taxpayers. Legal experts criticized the rule as overstepping authority and potentially infringing on constitutional rights. Paradigm Vice President Alexander Grieve called on the new “pro-encryption Congress” to pass the Congressional Review Act (CRA) to repeal this regulation. The Blockchain Association called the rule “a last-ditch attempt to push the U.S. crypto industry overseas” and said it would take action to counter it. As previously reported, the IRS requires “DeFi brokers” to collect user transaction information.
▌Analyst: Crypto venture capital may exceed US$18 billion in 2025
According to PitchBook analyst Robert LeIt is estimated that venture capital funding in the crypto industry may exceed US$18 billion in 2025, with multiple quarterly investments reaching US$5 billion. The total amount of crypto venture capital investment in 2023 is approximately US$9 billion, and is expected to reach US$11 billion in 2024, with the average quarterly investment being approximately US$2 billion to US$2.5 billion. Although investment activity slowed this summer, it picked up after the election, and general venture capital firms are expected to refocus on the crypto space next year. Le also pointed out that the investment theme of "encryption and artificial intelligence (AI)" will continue to heat up, and encryption technology may provide innovative solutions to certain core problems during the expansion of AI, or become a new growth point.
Important Economic Updates
▌The offshore RMB against the U.S. dollar rose 29 points from late New York trading on Thursday
The offshore RMB (CNH) against the U.S. dollar was reported at 05:59 Beijing time 7.3001 yuan, up 29 points from late New York trading on Thursday, and the overall trading range during the day was 7.3098-7.2948 yuan.
▌Today’s panic and greed index is still 74
Today’s panic and greed index is still 74. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin’s popularity in the entire market Proportion (10%) + Google hot word analysis (10%).
Golden Encyclopedia
▌What is Ripple Labs’ RLUSD stablecoin?
RLUSD is a stablecoin developed by Ripple Labs, the organization behind the XRP cryptocurrency. RLUSD, or Ripple Labs USD, aims to provide a stable digital currency for trading and trading. As a stablecoin pegged to the U.S. dollar, 1 RLUSD is equal to 1 U.S. dollar. Each RLUSD maintains a 1:1 peg. These collateral assets are either U.S. dollar deposits or cash equivalents.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.