ETH falls below the $1800 mark

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)

The US Treasury Department has appointed Judy Sheldon as an advisor to Treasury Secretary Scott Besant, who will provide advice on monetary policy. (Source: CNBC)