asic

According to on-chain analyst Yu Jin's monitoring, the current cost and profit and loss status of several institutions are as follows:MicroStrategy: The current BTC price has fallen near MicroStrategy's cost line: it holds 712,600 BTC, with an average cost of $76,037. The floating profit has basically been wiped out, and if it drops another $3,000, it will officially be "stuck."Tom Lee's Bitmine: Holds 4.243 million ETH, with an average cost of $3,849. Bitmine has been "stuck," but as ETH has now reached $2.4K, the floating loss has hit a new high of $5.92 billion. The loss has exceeded one-third (-36%).Yi Lihua's Trend Research: Holds 651,500 ETH, with an average cost of about $3,180, currently facing a floating loss of $475 million. Because they added leverage, these ETH positions have a liquidation price around $1,880, which is about $570 away from the current price.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the growth of labor supply has essentially stalled.

According to South Korean media reports, the ruling Democratic Party of Korea has finalized the name of its bill aimed at regulating the virtual asset market as the "Basic Law on Digital Assets," and plans to submit it before the New Year holiday.They also agreed to set the minimum legal capital requirement for stablecoin issuers at 5 billion won (approximately 3.5 million USD). However, sensitive issues such as the scope of the central bank's authority and major shareholder ownership restrictions will be finalized after further coordination with the policy committee.

According to Cointelegraph, the Federal Court of Australia has ruled that financial services company BPS Financial must pay a fine of 14 million AUD (approximately 9.3 million USD) for violations in promoting and operating the Qoin Wallet product. Of this amount, about 1.3 million USD is for operating financial services without a license, and 8 million USD is for making misleading and deceptive statements.The Australian Securities and Investments Commission (ASIC) accused BPS of issuing the product and providing financial advice without holding an Australian financial services license between January 2020 and mid-2023, in violation of the Corporations Act. The court found that senior management of the company was involved and that there were deficiencies in the compliance system, constituting "serious and illegal conduct."In addition to the fine, BPS is also prohibited from operating financial services without a license for the next 10 years and must publish court-mandated announcements on the Qoin Wallet app and website, while also bearing most of ASIC's legal costs.

According to market news, the Australian Securities and Investments Commission has listed the regulatory loopholes in cryptocurrency as one of the key risks for 2026.The agency pointed out that rapidly growing cryptocurrency, payment, and artificial intelligence businesses operating on the regulatory edge may expose consumers to the risks of unlicensed advice and misleading conduct. This warning comes as Australia advances the 2025 Corporations Amendment (Digital Assets Framework) Bill, which aims to establish the country's first regulatory framework for businesses holding client digital assets, requiring relevant platforms to hold an Australian financial services license. ASIC stated that while some businesses operate legally outside the current regulatory framework, there are also entities that intend to evade regulation, exacerbating regulatory uncertainty.

AGM Group, a blockchain ASIC chip development company listed on NASDAQ, announced that it has signed a securities purchase agreement with an institutional investor to raise $25 million by issuing and selling common stock to the investor. The funds are intended for general corporate purposes, including working capital, project development, production financing, and other strategic initiatives.

According to official news, the Bonus Earn Coin activity area under Gate DEX will officially launch the Nest Protocol staking event from January 20, 20:00 to February 20, 20:00.This reward event is jointly initiated by the Plume Foundation and Gate DEX, with the reward collection channel supported by Gate Wallet. Users only need to participate in the pUSD staking in the Nest Basis Vault under the Nest Protocol on the Plume network to earn stable base returns while additionally sharing a prize pool of 867,676 PLUME. Rewards are settled daily based on individual staking proportions; the more you stake and the longer you stake, the greater the overall returns.Gate DEX officially launched the Bonus Earn Coin activity area on December 16, 2025. Gate DEX Bonus is a decentralized staking and earning platform that supports multiple token staking, dedicated to providing users with a low-threshold, transparent, and fully on-chain asset appreciation method. Users can participate in the Bonus Earn Coin activity with one click using Gate Wallet, enjoying flexible and diverse earning strategies and maximizing on-chain earning opportunities.

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, stated in a recent live event that the U.S. economy will continue to grow well, and inflation will keep declining, but the specific numbers by the end of the year remain unclear.He specifically pointed out that artificial intelligence technology has practical value, but most companies are still in the testing phase; regarding cryptocurrencies, he unhesitatingly called them "basically useless" for the average consumer. Kashkari also emphasized that the current Federal Reserve policy is not quantitative easing, that the lack of housing supply is the biggest obstacle in the real estate market, and reiterated the importance of the Federal Reserve's independent decision-making.

The South Korean government is formulating the "Basic Law on Digital Assets" (Phase Two Legislation on Crypto Assets), which is expected to include several investor protection measures, such as introducing strict liability for digital asset service providers and establishing bankruptcy risk isolation mechanisms for stablecoin issuers. However, due to significant disagreements on core issues such as the issuers of stablecoins, the submission time for the government proposal is expected to be delayed until next year.According to reports, in the government draft that the Financial Committee is studying, stablecoin issuers may be required to allocate their reserve assets in low-risk assets such as deposits and government bonds, and to deposit or trust funds equivalent to no less than 100% of the issuance balance with banks or other management institutions to prevent the risk of issuer bankruptcy from being passed on to investors. At the same time, the information disclosure obligations, terms, and advertising regulatory standards for digital asset operators will be close to the level of traditional financial institutions. In the event of a hacker attack or system failure, strict liability for damages may be applied in accordance with the Electronic Financial Transactions Act.In addition, the draft may allow the sale of digital assets within South Korea under the premise of strengthening information disclosure, in order to correct the previous practice of "overseas issuance, domestic circulation" caused by administrative restrictions on ICOs.Although the legislative framework has initially taken shape, there are still disagreements between the Financial Committee and institutions such as the Bank of Korea on key issues such as the qualifications of stablecoin issuers, approval mechanisms, minimum capital requirements, and whether exchanges can serve both issuance and circulation functions. The Financial Committee stated that relevant departments are continuously working to narrow the gap in positions, and no final conclusions have been reached on the proposed plan.

The Marshall Islands distributes a national basic income (ENRA) through Stellar. The government of the Marshall Islands launched the first round of ENRA distribution on November 26, 2025, covering all citizens of the Marshall Islands, with funding sourced from the investment returns of the Compact Trust Fund (capped at 4%). The distribution methods include checks, bank transfers, and blockchain channels (Lomalo digital wallet, supported by Stellar). Additionally, the Stellar Foundation has also led the development of the digital sovereign bond USDM1. USDM1 is pegged 1:1 to short-term U.S. Treasury bonds, denominated in U.S. dollars and redeemable at face value.The national basic income is a mechanism through which the Marshall Islands ensures that national wealth is regularly shared among all citizens via this fund. The program aims to implement universal nationwide distribution for all resident citizens, with no income or employment thresholds, and maintains regular disbursements.

According to Jinshi reports, the US dollar index, which measures the dollar against six major currencies, was basically flat on December 24, closing at 97.941. 1 euro exchanged for 1.1775 dollars, down from 1.179 dollars the previous trading day; 1 pound exchanged for 1.3496 dollars, down from 1.3497 dollars the previous trading day; 1 dollar exchanged for 156.02 yen, down from 156.2 yen the previous trading day; 1 dollar exchanged for 0.7886 Swiss francs, up from 0.7877 Swiss francs the previous trading day; 1 dollar exchanged for 1.3676 Canadian dollars, down from 1.3694 Canadian dollars the previous trading day; 1 dollar exchanged for 9.1713 Swedish kronor, up from 9.1684 Swedish kronor the previous trading day.

According to Jinshi Data, there are market reports that Nvidia has informed its Chinese customers that it plans to deliver H200 chips in mid-February 2026. The expected total shipment is 5,000 to 10,000 sets of modules, approximately 40,000 to 80,000 H200 chips. In response, Nvidia stated, "We are continuously managing our supply chain, and selling H200 to authorized customers in China will not affect our ability to supply global customers."According to Nvidia's statements, the plan to sell H200 in the Chinese market is basically confirmed. Meanwhile, sources say that Nvidia CEO Jensen Huang will visit China in January 2026. The sources also indicated, "The unit price for the H200 8-card module given to the channel by Nvidia is 1.4 million yuan, which is slightly more expensive than the H20."

The Nasdaq-listed blockchain ASIC chip development company AGM Group announced that it has completed the issuance and delivery of a total of $2 million in convertible notes. The related fundraising transaction was conducted in two phases, with $1.5 million paid at the first delivery, and the remaining $500,000 completed in the second delivery on December 18.AGM Group also disclosed that it had previously reached an investment agreement to raise a total of $6 million through the issuance of convertible notes in three phases.

According to CoinDesk, the Republic of the Marshall Islands (RMI) has completed the world's first on-chain distribution of Universal Basic Income (UBI) using the digital native sovereign bond USDM1 on the Stellar blockchain.The country's Ministry of Finance confirmed that this multi-million dollar initiative was developed in collaboration with the Stellar Development Foundation (SDF) and infrastructure provider Crossmint, as part of the local UBI program ENRA. This program replaces quarterly physical cash distributions with digital transfers, benefiting many eligible citizens living across various islands. USDM1 is a sovereign bond denominated in US dollars, fully backed by short-term U.S. Treasury securities, and distributed through the Stellar issuance platform to a customized digital wallet application called Lomalo.A spokesperson for the Marshall Islands Ministry of Finance stated that USDM1 is issued under New York law, based on established legal frameworks, rather than regulatory discretion or policy preference. The U.S. Treasury collateral is held by an independent trustee, with redemption rights being fixed, unconditional, and legally enforceable. ENRA is a fiscal distribution program, issuing one unit for every one unit in trust short-term U.S. Treasury securities, fully backed and legally isolated throughout the process. The government emphasizes that USDM1 does not compromise the country's monetary or technological sovereignty. A white paper released alongside the initiative outlines its broader policy and financial framework.

According to Cointelegraph, Australian securities regulators have finalized a series of exemptions that make it easier for businesses to distribute stablecoins and tokenized assets.The Australian Securities and Investments Commission (ASIC) announced these new measures on Tuesday, aimed at promoting innovation and growth in the digital assets and payments sector. ASIC stated that it is "granting class exemptions" to intermediaries engaged in certain secondary distribution activities of stablecoins and tokenized assets. This means that businesses no longer need separate, and often costly, licenses to act as intermediaries in these markets, and they can now use "pooled accounts" under properly documented conditions. The new exemptions further expand the previous broad exemptions for stablecoins, removing the requirement for intermediaries to hold a separate Australian Financial Services (AFS) license when providing services related to stablecoins or tokenized assets.

According to Jinshi reports, Deutsche Bank's Chief U.S. Economist Luzzetti stated that the basic expectation is that the next step will still be a rate cut.

According to market news, the Australian Securities and Investments Commission (ASIC) has announced a new classification exemption policy that expands the scope of licensing exemptions for intermediaries of stablecoins and wrapped tokens.The policy allows intermediaries to distribute stablecoins and wrapped tokens issued by publishers holding an Australian Financial Services (AFS) license without needing to apply for a separate license. At the same time, ASIC also permits providers to hold digital assets in pooled accounts under appropriate record-keeping and reconciliation procedures. The new regulations require stablecoin issuers to maintain reserves equal to or greater than the total amount of circulating tokens and to publish financial reports regularly.

According to South Korean media naver, due to the delay in the revision of the South Korean "Capital Markets Act," the plan to allow spot cryptocurrency ETF trading in the country within the year has basically fallen through.Currently, there are 4 pending amendments related to the approval of spot cryptocurrency ETFs, but some analysts point out that due to the restructuring of the Financial Services Commission and the Financial Supervisory Service, as well as the government's stock market activation measures consuming a large amount of policy resources, the process of institutionalizing crypto assets may have been placed in a secondary position.

Regarding the community's question, "Is CZ's Twitter operated by himself or the team?" CZ responded, "My assistant has an account (permissions), but basically doesn't post. It's all me posting randomly."Previously, the community questioned whether Binance's official Twitter employees or related insiders issued a certain Meme coin at 13:29:45 yesterday, while the official Twitter posted related promotional content at 13:30:00, consistent with the theme of the previously issued Meme coin. Binance Customer Support officially replied, "We have noted the relevant feedback and are conducting an internal review. We maintain a zero-tolerance policy for any behavior involving token listings and other corruption. Once the investigation results are confirmed, we will promptly inform the community of the progress."

The research director of the cryptocurrency asset management company CoinShares, James Butterfill, released a report stating that the bubble of digital asset treasury companies (DAT) has essentially burst. Companies that were trading at 3 to 10 times their market net asset value (mNAV) in the summer of 2025 have now fallen back to about 1 time or lower. This trading model, which once viewed token treasuries as a growth engine, has undergone a severe correction. The future performance of these companies depends on market behavior: either a price drop triggers disorderly selling, or companies maintain their positions and wait for a rebound. If the macro environment improves and a possible interest rate cut in December occurs, this will provide support for cryptocurrencies.