ChainCatcher news, according to statistics from crypto blogger AB Kuai.Dong, the proof of reserves data from Binance shows that from January to February 2025, Binance's BTC holdings decreased from 46,896 to 2,747, a drop of 94.1%; ETH holdings decreased from 216,313 to 175, a drop of 99.9%; it is important to note that these assets are mainly from the platform's past revenue, not user funds.Currently, most cryptocurrencies have been reallocated to the stablecoin USDC, with USDC holdings increasing from 805 million to 1.269 billion, an increase of 57.5%. Based on the market conditions in January, most cryptocurrencies are at historical highs.

ChainCatcher news, according to Digital Today, the South Korean Ministry of Personnel Management has requested all government agencies to reassess the implementation of restrictions on public officials' cryptocurrency holdings. Each agency must review its compliance and submit a report by January 31. The ministry specifically emphasized that not only agencies handling virtual asset policies, drafting and enforcing regulations, but also those involved in promoting economic and industrial policies, may be subject to restrictions on obtaining virtual asset information.

ChainCatcher news, economist Mohammad Sadegh Alhosseini stated that the value of cryptocurrencies held by Iran is between 30 billion and 50 billion dollars, accounting for about one-third of the country's gold market. Iran's daily cryptocurrency trading volume is approximately 143 million dollars (1 trillion rials).The Central Bank of Iran (CBI) and the Ministry of Finance are developing measures to increase the transparency of the cryptocurrency market, which has been used to circumvent U.S. sanctions on international banking. Last Saturday, the CBI released a policy document aimed at aligning cryptocurrency trading with Iran's anti-money laundering and tax laws.Alhosseini warned that stricter regulations could expose sanction-evading businesses to U.S. penalties, which would hold the CBI accountable. He suggested that private entities could play a role in organizing the market to reduce the risk of direct government oversight. (Bitcoin.com)

ChainCatcher news, according to Decrypt, based on documents submitted to the U.S. Securities and Exchange Commission (SEC) by the social media site Reddit, Reddit sold off most of its cryptocurrency portfolio in the third quarter, liquidating Bitcoin and Ethereum "for financial reserves."When the social media company filed for its initial public offering (IPO) in February, it held a "negligible" amount of cryptocurrency on its balance sheet, using idle funds to purchase digital assets. On Tuesday, Reddit used the same wording to describe the proceeds from the recent sale. "We sold off most of our cryptocurrency portfolio, primarily consisting of Bitcoin and Ethereum," Reddit stated. "The net carrying value of the cryptocurrency we held and the proceeds from the sale are both insignificant."While the amount of cryptocurrency sold is unclear, the timing of the sale corresponds to the third quarter ending September 30. When asked about the dollar value of its cryptocurrency portfolio or the definition of "negligible" amounts, Reddit did not immediately respond to Decrypt's request for comment.

According to ChainCatcher news, monitored by Arkham, the value of the cryptocurrency assets held by former U.S. President Donald Trump's address has fallen below the $7 million mark, currently dropping to $6,377,998.10, a decrease of about 80% from the peak of over $31 million in early June. The current holdings of this address mainly include:2,103.45 billion TROG, worth approximately $456,000;579,290 TRUMP, worth approximately $2.68 million;492.067 ETH, worth approximately $1.48 million;377.428 WETH, worth approximately $1.14 million.

According to ChainCatcher news, data monitoring by Arkham shows that the cryptocurrency assets held by former U.S. President Donald Trump's address have rebounded to surpass the $10 million mark, currently reaching $10,853,273.51, but down about 65% from the peak of over $31 million in early June.The current holdings of this address mainly include:2,103.45 billion TROG, valued at $2.39 million;579,290 TRUMP, valued at $4.83 million;490.449 ETH, valued at $1.56 million;377.191 WETH, valued at $1.20 million.

ChainCatcher news, according to Arkham data, Trump's cryptocurrency holdings have dropped to a value of 8.4 million dollars.On June 5, during observations, his cryptocurrency holdings once exceeded 31 million dollars, a decline of over 72% from the peak.

ChainCatcher news, according to Arkham data, Trump's cryptocurrency holdings have dropped to a value of 9.29 million dollars. On June 5, when observed, his cryptocurrency holdings once exceeded 31 million dollars, a decline of over 70% from the peak.

ChainCatcher news, according to Arkham monitoring, due to the downturn in the cryptocurrency market, Trump's cryptocurrency holdings have plummeted, shrinking by approximately 4.08 million dollars in a single day, leaving only 10 million dollars.On June 5, when observed, his cryptocurrency holdings had once exceeded 31 million dollars. The decline over two weeks has exceeded 67%.

ChainCatcher message, thanks to the rise in the price of MEME tokens in the address, the value of the crypto assets held in Trump's address has surpassed 31 million dollars, reaching 31,516,650.93 dollars. Among them:TRUMP position value 7.61 million dollars;TROG position value 19.57 million dollars;ETH position value 1.79 million dollars.

ChainCatcher message, Arkham data shows that the cryptocurrency assets held by former U.S. President Donald Trump's address have significantly increased in value, currently reaching $20,142,752.42, including:579,290 TRUMP, worth $8.46 million;466.604 ETH, worth $1.79 million;3,749,469 WETH, worth $1.44 million.Historical data indicates that the value of cryptocurrency assets held by Trump's address surpassed $10 million on May 27, which means its holdings have doubled in value within a week.

ChainCatcher news, Arkham data shows that the cryptocurrency assets held by former U.S. President Donald Trump's address have increased in value by over 3.3 million dollars this week, currently totaling 13,658,441.37 dollars, mainly consisting of:579,290 TRUMP, valued at 9.48 million dollars;465.842 ETH, valued at 1.76 million dollars;374.939 WETH, valued at 1.42 million dollars.

ChainCatcher news, according to Arkham data, the cryptocurrency assets held by former U.S. President Donald Trump's address are currently valued at $12,380,085.84, including:579,290 TRUMP, worth $8.5 million;464.863 ETH, worth $1.75 million;374.917 WETH, worth $1.41 million.

According to ChainCatcher news and Arkham data, the cryptocurrency assets held by former U.S. President Donald Trump's address are currently valued at $10,302,518.35, including:579,290 TRUMP, worth $7.5 million;463.35 ETH, worth $1.81 million;374.69 WETH, worth $1.17 million.

ChainCatcher news, according to Cointelegraph, under the new law regarding the taxation of virtual assets, Spanish residents holding cryptocurrency worth over $55,000 on non-Spanish platforms must declare by March 31, 2024.The Spanish Tax Agency has released Form "721," which is a tax declaration for overseas virtual assets. The declaration period for Form 721 will start on January 1, 2024, and end on the last day of March. Individual and corporate taxpayers must declare the amount of funds stored in their overseas cryptocurrency accounts as of December 31, 2023. Those who store assets in self-custody wallets must declare their holdings using Form 714.

ChainCatcher message, the Basel Committee on Banking Supervision has released a report on the turmoil in the banking sector in 2023, agreeing to consult on climate and crypto asset disclosures, stating that banks must disclose the cryptocurrencies they hold and should issue potentially restrictive capital for unsecured cryptocurrencies such as Bitcoin or ETH that they hold.At the same time, it stated that an upcoming consultation document will propose "a series of disclosure requirements related to banks' exposure to crypto asset risks" to supplement the existing capital requirements for digital assets finalized in December.

ChainCatcher news, according to Bloomberg, the Financial Accounting Standards Board (FASB) has approved new rules that allow companies to report their cryptocurrency holdings at fair market value. The rules will be released by the end of 2023 and will take effect in 2025, but businesses can adopt these rules early; moreover, wrapped tokens are not subject to the new rules.Professionals analyze that fair value will encourage institutions to hold cryptocurrencies. Many large Web3 companies, such as MicroStrategy and Bitfinex, hold Bitcoin on their balance sheets. Berenberg Capital stated in a report that the new rules could "eliminate the adverse effects of impairment losses under the current FASB rules."

ChainCatcher news, according to Bloomberg, former U.S. President Donald Trump provided more details about his vast financial empire in a revised financial disclosure form, including his crypto wallet, speaking fees, and income from the sale of his Washington D.C. hotel. In the new disclosure, Trump provided more details about CIC Digital LLC, which charges licensing fees for using Trump's likeness through a series of NFTs. The company has a U.S. bank account with a balance of less than $1,000 and an Ethereum wallet holding between $250,000 and $500,000.In 2022, the former president earned a six-figure income from NFT sales. The regulatory group CREW released his financial disclosure form in April, showing that income from NFT transactions ranged between $100,001 and $1 million. (source link)

ChainCatcher news, according to a draft rule released by South Korea's financial regulatory agency on Tuesday, South Korea will require companies that own or issue cryptocurrencies to disclose their cryptocurrency holdings in financial statements starting in 2024. Under the new rules, companies will need to disclose information regarding the quantity, characteristics, business model, and accounting policies of virtual currency sales, as well as details about their cryptocurrency profits, quantities, and market values.The announcement from the Financial Services Commission (FSC) regarding the decision on the draft rule states that these measures aim to enhance accounting transparency following the passage of the "Virtual Asset User Protection Act" on June 30.