ETH breaks through the $3300 mark

CFTC Chairman Rostin Behnam stated that the proposed cryptocurrency regulatory system by the CFTC aims to protect exchange clients from fraud, manipulation, and fund theft. He believes that critics who oppose the introduction of market-based regulation and support maintaining the status quo are actually standing on the side of fraudsters, manipulators, and raiders, inviting the next Sam Bankman Fried to harm the American people.

The revision of CARF related regulations by the South Korean Ministry of Finance and Economic Affairs proposes to require South Korean cryptocurrency service providers to keep external personal wallets and overseas wallet addresses involved in transactions for 6 years, and to include single cryptocurrency payment transactions of more than $50000 in the declaration scope. The relevant adjustments are aimed at cooperating with the OECD Cryptocurrency Reporting Framework and will be implemented on January 1, 2027. (Source: Edaily)

Blockchain.com has applied for a license from the U.S. Commodity Futures Trading Commission (CFTC) to provide predictive market and cryptocurrency derivatives services (source: CNBC).

XRP Ledger has activated the permission delegation feature, allowing enterprises to assign specific on chain operation permissions to independent accounts without the need to surrender the master account key. (Source: CoinDesk)

Base founder Jesse Pollak stated that the tokenization super cycle will be driven by tokenized stocks and non US dollar stablecoins. Pollak stated during token2049 Singapore that the market underestimates the potential of non US dollar currencies, and countries will maintain currency sovereignty. Non US dollar stablecoins play an important role in daily payments. (Source: The Block)