US Senator: Crypto legislation negotiations suffer setback, SEC and CFTC regulatory division of labor remains divided Senator Moreno described the cryptocurrency legislation negotiations as "quite unsuccessful" and plans to meet with Democratic lawmakers on Tuesday. The Senate Banking Committee draft proposes a classification of "ancillary assets" to delineate the responsibilities of the SEC and CFTC, in collaboration with the Agriculture Committee. The committee chairman Scott revealed that the bill may be reviewed on December 17th or 18th, but Senator Warner pointed out that he is still waiting for the White House's opinion. There are still differences in the draft regarding stablecoin returns and DeFi regulation. Some lawmakers are concerned about potential conflicts of interest for President Trump, as the Trump family has benefited approximately $620 million through projects such as World Liberty Financial.
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More >多家比特币矿企转向AI：改造数据中心或达成算力合作
[Multiple Bitcoin Mining Companies Shift to AI: Transforming Data Centers or Establishing Computing Power Partnerships] Facing profit pressures, virtual currency mining companies such as Riot Platforms, Bitfarms, Core Scientific, TeraWulf, and Marathon Digital are transforming data centers for artificial intelligence and high-performance computing. Meanwhile, companies like Iris Energy, CleanSpark, and Cipher have entered into agreements for computing power capacity partnerships.
Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal
Michale Saylor and team urged MSCI to maintain neutral index standards after a plan to exclude firms with significant digital asset holdings.
On December 10th, the net inflow of Bitcoin ETF was $40.87 million, and the net inflow of Ethereum ETF was $117 million
On December 10th, data showed that the Bitcoin ETF had a net inflow of 445 BTC (approximately $40.87 million) in a single day, and a net outflow of 1992 BTC (approximately $182.9 million) on the 7th; The Ethereum ETF had a daily net inflow of 35300 ETH (approximately 117.71 million US dollars), with a net inflow of 56600 ETH on the 7th; The Solana ETF had a daily net inflow of 74500 SOLs (approximately $10.23 million) and a 7-day net inflow of 365300 SOLs. （Lookonchain）
Sei 将与小米合作在海外新手机中预装 Web3 支付应用
[Sei to Partner with Xiaomi to Preinstall Web3 Payment App on New Overseas Smartphones] Sei Network will collaborate with Xiaomi, the world's third-largest smartphone manufacturer, to preinstall a next-generation crypto wallet and discovery app powered by Sei on new Xiaomi smartphones sold outside mainland China and the United States. The app supports stablecoin payments, P2P transfers, and DApp integration, with plans to expand to Xiaomi's 20,000 global retail channels in the future. The initial launch markets will be Hong Kong and the European Union, with a target rollout in Q2 2026. Sei also announced the establishment of a $5 million Global Mobile Innovation Fund to accelerate the adoption of blockchain technology in consumer devices.
Most Influential: Rushi Manche
The Movement Labs’ co-founder’s secret dealings and subsequent scandal stoked industry-wide anxieties about opaque token allocations and insider trading.