[U.S. Plans Countermeasures Against EU Digital Tax, Targeting Accenture and Spotify] The U.S. government has threatened to take retaliatory measures against the EU's imposition of a digital tax, naming Accenture, Siemens, and Spotify as potential targets for new restrictions or fees. The Office of the United States Trade Representative stated that if the EU continues to restrict U.S. service providers, the U.S. will use all available tools to counteract. The controversy centers on the EU's push to regulate and tax companies like Google, Meta, and Amazon. President Trump criticized such measures as harmful to U.S. interests and threatened to impose substantial tariffs. Recently, the EU has issued fines worth hundreds of millions of dollars to Apple, Meta, and Elon Musk's X.

[Federal Reserve Fixed-Rate Reverse Repo Operation Accepts $1.554 Billion] The Federal Reserve accepted a total of $1.554 billion from two counterparties in its fixed-rate reverse repo operation.

[U.S. stocks extend losses, S&P 500 down 0.7%] U.S. stocks extended their losses, with the S&P 500 index down 0.7%, the Nasdaq index down 0.4%, and the Dow Jones index down 0.9%.

SiaFoundation will complete the V2 hard fork and migrate the network to a lighter modular storage stack in the third quarter of 2025, launching Uterexo lightweight nodes, RHP4 protocol, QUIC network, as well as production grade renterd, hosted, and walletd. The data shows that active storage contracts increased by 4.3% to 14300, with an average storage price increase of 17.2% to 555.8 SC/TB/month. The average storage cost dropped to about $1.43/TB/month, hitting a new low in the past year. The network capacity is about 7.1 PB, of which about 1.3 PB has been used. （Messari）

The influential Democrat is the most vocal critic of the crypto legislation, and she continues to throw rhetorical sand in the gears of the negotiation. What to know : U.S. Senator Elizabeth Warren, the ranking Democrat on the Senate Banking Committee, is calling for a probe into DeFi platforms, especially on their relationship with the business interests of President Donald Trump. Warren's pushback comes as the Senate is still negotiating the details of a crypto market structure bill, a process that's now drifted into January.