ChainCatcher news, QCP released its daily market observation stating that the new leadership of the SEC has established a dedicated task force aimed at developing a regulatory framework for crypto assets. Led by "Crypto Mom" Hester Peirce, this is expected to be a turning point in the digital asset space.After the initial disappointment following Trump's inauguration gradually faded, Bitcoin has rebounded by 3.8%, stabilizing in the range of approximately $105,000. However, due to cautious market sentiment, concerns remain that Trump tends to overcommit and underdeliver on any crypto-related executive orders, limiting its upside potential. Meanwhile, Bitcoin futures continue to rise, with the current bullish bets being about 20 times the bearish ones.MicroStrategy shareholders have approved a significant increase in the authorized number of Class A common stock and preferred stock, raising the total authorized shares from 330 million to an astonishing 10.3 billion shares. This expansion greatly enhances the company's equity base, allowing MicroStrategy to surpass nearly all leading companies in the Nasdaq 100 index, excluding Nvidia, Apple, Alphabet, and Amazon.Planning to raise $42 billion through stock and convertible bond issuances by 2027, MicroStrategy still has $5.42 billion in equity issuance capacity, further increasing its investment in Bitcoin.

ChainCatcher news, according to CoinDesk, WisdomTree's latest research report points out that the institutionalization of the crypto asset market has made Bitcoin no longer a niche investment, and multi-asset portfolios that include Bitcoin continue to outperform those that do not. The institution's analyst Dovile Silenskyte stated that asset management firms may fall behind in the rapidly evolving financial landscape if they do not incorporate digital assets into their multi-asset portfolios.The report predicts four major trends in the crypto market by 2025:Under the Trump administration, the U.S. regulatory environment is becoming more favorable, with more crypto asset ETPs, including Solana and XRP, expected to be approved by 2025;Ethereum's irreplaceable status as the infrastructure for DeFi, NFTs, and Web3 will be further solidified, with the Dencun upgrade promoting the development of the Layer-2 ecosystem;The Solana network has advantages in stablecoin payments and cross-border remittances, with stablecoins becoming an indispensable part of the global financial system;The tokenization of physical assets is expected to expand significantly by 2025, reshaping the landscape of industries such as private equity and venture capital;

ChainCatcher news, according to Bloomberg, the Kenyan government is drafting a law that requires virtual asset service providers to establish local offices to strengthen regulation of the rapidly growing digital asset industry.The proposed policy does not apply to assets that cannot be transferred, traded, or used for payment and investment outside a closed ecosystem, and aims to address the gaps in the legal and regulatory framework in the virtual asset sector, as well as issues related to consumer protection, governance, data privacy, and cybersecurity.Kenya introduced a 3% tax on digital asset trading income in 2023, but has yet to establish a comprehensive regulatory framework for the industry. The government hopes to fill the regulatory gap with this move while addressing industry risks such as money laundering, terrorist financing, tax evasion, fraud, and cybercrime.

ChainCatcher news, Gabor Gurbacs, founder of the digital asset company Pointsville, stated on social media that Trump should fire his cryptocurrency advisory team from top to bottom and replace them with people who truly understand the field.He pointed out that meme coins have already cost the United States, the presidency, and the Trump family a significant amount of credibility, and these effects are far from over.

ChainCatcher news, Bank of Communications Hong Kong Branch recently issued an unsecured floating-rate digital bond worth 300 million USD, with a maturity of three years. This is the first digital native bond from a Chinese bank, issued using HSBC's Orion digital asset platform and cleared through the Central Moneymarkets Unit (CMU) in Hong Kong.Moody's has assigned a preliminary A2 rating to the bond, believing that the risks associated with blockchain have been effectively mitigated, as the Orion platform uses a private permissioned blockchain and cash transactions are settled off-chain, avoiding the impact of platform failures on payments.

ChainCatcher news, the Swedish compliant crypto asset management company Virtune announced that Finland's first cryptocurrency ETPs are listed on Nasdaq Helsinki, with a total of five ETP products denominated in euros. All ETPs are 100% physically backed and fully collateralized, namely: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Altcoin Index ETP.

ChainCatcher news, according to CoinShares' latest weekly report, last week digital asset investment products were driven by the enthusiasm surrounding Trump's inauguration, recording an inflow of $2.2 billion, setting a new weekly record for this year, with total assets under management (AuM) rising to a historic high of $171 billion.Bitcoin dominated the inflows, attracting $1.9 billion, with a total inflow of $2.7 billion this year. Ethereum saw an inflow of $246 million last week, offsetting the net outflow since the beginning of the year. XRP had an inflow of $31 million last week, with a cumulative inflow of $484 million since mid-November 2024. Additionally, Switzerland and Canada recorded inflows of $89 million and $13 million, respectively, indicating regional growth potential.

ChainCatcher news, Grayscale has restarted recruitment on the X platform, offering positions for digital asset derivatives traders, portfolio advisors, crypto product analysts, and private equity fund sales analysts.Earlier this month, Grayscale also disclosed recruitment information, with positions including analysts, tax specialists, digital asset traders, portfolio managers, ETF product senior assistants, product managers, and engineering leads.

ChainCatcher news, according to Politico, since election day, cryptocurrency companies including Ripple, Coinbase, Kraken, Robinhood, and Circle have invested at least $10 million in Trump's inauguration fund. These donations will be used to finance the grand official events held during the inauguration, and executives are flocking to Washington to prepare for the new president's swearing-in on Monday.One target of interest for participants in the crypto space is the digital asset advisory committee that Trump has vowed to create, which will be led by incoming White House crypto and AI expert David Sacks and former North Carolina congressional candidate Bo Hines. A Washington cryptocurrency lobbyist, who wished to remain anonymous, stated that almost everyone in the crypto space is currently vying for a seat on the committee.

ChainCatcher news, according to AXIOS, Coinbase CEO Brian Armstrong proposed in a blog post that the U.S. should establish a Bitcoin strategic reserve aimed at accelerating economic freedom. The article was published on the eve of Trump's second inauguration.Additionally, Armstrong called on global leaders to take measures to support the development of cryptocurrencies, including implementing friendly policies, establishing special economic zones for digital assets, and improving government efficiency.

ChainCatcher news, the CEO of the cryptocurrency data analysis platform CryptoQuant, Ki Young Ju, stated on social media that although he is not a Bitcoin extremist, he believes that the U.S. strategic digital asset reserve plan is too broad and suggests retaining only Bitcoin.

ChainCatcher news, cryptocurrency-supporting Senator Cynthia Lummis stated that if the Federal Deposit Insurance Corporation (FDIC) destroys materials related to digital assets, it will face criminal consequences.In a letter sent to FDIC Chairman Martin Gruenberg on Thursday, the Wyoming Republican senator indicated that whistleblowers at the FDIC had reported to her allegations of these documents being destroyed, and claimed that these whistleblowers are "being closely monitored by management" to prevent them from reporting to the Senate, suggesting that legal action would be taken.Lummis stated in a declaration: "The FDIC is suspected of destroying and concealing materials related to Operation Chokepoint 2.0 with the intent to obstruct the oversight functions of the U.S. Senate, which is not only unacceptable but also illegal. If it is found that someone within the FDIC intentionally destroyed materials or attempted to impede the Senate's oversight functions, a criminal referral will be swiftly made to the U.S. Department of Justice."

ChainCatcher news, Zhuhai Huafa Group has issued 1.4 billion yuan digital bonds in Hong Kong through the HSBC Orion digital asset platform. This is the first Chinese digital bond issued in Hong Kong, with an interest rate of 4.5% and a term of three years.The bond is listed on the Hong Kong Stock Exchange and the Macau MOX, and provides access to international investors through the HKEX southbound trading and Euroclear/Clearstream. This issuance aims to promote the internationalization of the renminbi and develop the offshore renminbi market. HSBC serves multiple roles, including global co-coordinator and digital platform provider.

ChainCatcher news, according to CoinDesk, the UK government has appointed Emma Reynolds to replace Tulip Siddiq, who resigned due to a corruption scandal, as the new Chancellor of the Exchequer. She will be responsible for overseeing digital assets, central bank digital currencies (CBDC), and broader financial sector matters.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that U.S. Senator Tim Scott has just released a priority list for the 119th Congress, which includes the establishment of a digital asset framework.The document she shared stated: "Under Chairman Gensler's leadership, the U.S. Securities and Exchange Commission (SEC) has refused to provide clear guidance for the cryptocurrency industry, forcing relevant projects to move overseas. Looking ahead, the Commission will work to build a regulatory framework that establishes a dedicated path for the trading and custody of digital assets to promote consumer choice, education, and protection, while ensuring compliance with any relevant requirements of the Bank Secrecy Act. Additionally, the Commission will create an open and inclusive environment for new innovative financial technologies and digital asset products, such as stablecoins, that promote financial inclusion."

ChainCatcher news, U.S. Congressman Tom Emmer, who supports the cryptocurrency industry, stated: "I am honored to be selected as the Vice Chair of the Subcommittee on Digital Assets, Financial Technology, and Inclusion.With President Trump in the White House and Gary Gensler locked in the Washington dumpster, we have a tremendous opportunity to ensure that the future of digital assets is guided by Americans and aligned with American values. I look forward to working with Chairman French Hill, Chairman Bryan Steil, and other colleagues to create an environment where digital asset innovation can thrive."Previous news, U.S. House Financial Services Committee Chairman French Hill has appointed Tom Emmer as the Vice Chair of the Subcommittee on Digital Assets, Financial Technology, and Inclusion. He also nominated other Republican members to the committee.

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X that U.S. House Financial Services Committee Chairman French Hill has appointed Tom Emmer as the vice chairman of the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee. He also nominated other Republican members of the committee.

ChainCatcher news, according to CoinDesk, Travis Hill, the vice chairman of the Federal Deposit Insurance Corporation (FDIC), recently expressed criticism of the FDIC's stance on digital assets during a public speech and called for banking regulators to issue new guidelines for digital assets. Hill was appointed to the board by the Republicans two years ago, and he criticized the FDIC's role in pressuring banks to abandon crypto clients.He stated, "The long-term goal of the FDIC is to reduce the number of unbanked individuals. It is unacceptable to deprive law-abiding customers of banking services, and regulators must work to put an end to this behavior. Anyone who overtly or covertly pressures banks to stop providing services to law-abiding customers has no place at the FDIC."Current FDIC Chairman Martin Gruenberg has informed agency staff that he will resign on January 19 (the day before Trump's inauguration). In the absence of the chairman, Vice Chairman Travis Hill will temporarily assume the role of chairman.

ChainCatcher news, according to CoinShares' latest weekly report, the inflow of digital asset investment products slightly increased last week, reaching $48 million. Although the inflow was close to $1 billion in the first half of the week, the release of new macroeconomic data and the Federal Reserve's meeting minutes (indicating that the U.S. economy will strengthen and the Fed's stance will become more hawkish) led to an outflow of $940 million in the second half of the week. This indicates that the honeymoon period after the U.S. elections has ended, and macroeconomic data has once again become the main driver of asset prices.Last week, the total inflow for Bitcoin reached $214 million. Although Bitcoin experienced the largest outflow compared to other digital assets later this week, it remains the best-performing asset, with inflows of $799 million year-to-date. Ethereum suffered the largest losses last week, with an outflow of $256 million, which we believe was due to a broader tech stock sell-off rather than any specific issues with the asset. In contrast, Solana did not experience the same pressure, attracting $15 million in inflows. XRP saw inflows of $41 million last week, primarily driven by political and legal factors, indicating increased optimism ahead of the SEC's appeal deadline on January 15.

ChainCatcher news, the Central Bank of Russia has introduced regulations to manage foreign exchange operations involving digital rights. According to Russian law, digital rights include electronic records such as cryptocurrencies, tokenized securities, and digital tokens. These rights represent claims or obligations related to assets or services. The new decree will take effect on January 11 and outlines the obligations of residents engaged in such transactions, aiming to clarify and strengthen the oversight of digital assets used for trade and payment purposes.A key requirement outlined in the regulation is that foreign trade contracts involving digital rights settlements must be registered with authorized banks. The document states: "Foreign trade contracts, including those settled using digital rights, must be registered with authorized banks. The registration thresholds for these contracts remain unchanged: import contracts exceeding 3 million rubles and export contracts exceeding 10 million rubles."In addition to registration, the Central Bank of Russia also explained: "The regulation specifies the documents and information that residents must provide to banks, including transaction data related to the transfer or receipt of digital rights as a means of payment under foreign trade contracts, as well as data related to other foreign exchange operations involving digital rights."By defining these requirements, the Central Bank of Russia aims to integrate digital rights into the broader financial system while reducing the risks associated with their use.