Author: CryptoDigestAlert.com

TLDR: Binance and Ho Chi Minh City advance a structured plan to support regulated digital asset development. The MoU includes investor outreach, sandbox testing, and training for financial regulators. A joint working group will guide IFC implementation and address emerging challenges. The partnership supports Vietnam’s strategy to build a regional finance and innovation hub. Ho Chi Minh City moved closer to its International Financial Center plan after signing a cooperation deal with Binance on November 26. The agreement was completed during the 2025 Autumn Economic Forum in the presence of national and city leaders.  It sets out a broad agenda…

TLDR Michael Selig’s nomination to lead the CFTC advanced in the Senate Agriculture Committee by a 12-11 vote. Lawmakers are considering expanding the CFTC’s regulatory authority over digital assets through proposed legislation. Selig did not commit to immediate funding increases but stated he would assess the agency’s needs if confirmed. Selig emphasized the importance of clear crypto regulations that protect consumers and support innovation. The full Senate will now vote on Selig’s confirmation as CFTC chairman following the committee’s approval. The Senate Agriculture Committee on Thursday voted 12–11 to advance Michael Selig’s nomination to lead the CFTC. The vote followed…

Sonic price continues to trade under bearish pressure, with lower lows persisting and bullish volume remaining weak, increasing the probability of a deeper correction toward key high-time-frame support levels. Summary Market sentiment around Sonic has deteriorated as confidence weakens across social and on-chain activity Liquidity conditions remain thin, amplifying volatility during each downside move Broader altcoin weakness is adding additional pressure on Sonic’s price stability Sonic’s (S) recent price action reflects a continuation of its broader bearish trend, with the market showing little sign of recovery so far. The asset remains structurally weak, and consecutive lower lows have kept downward…

Pi Network price is holding firm above the $0.21 level, forming a clear accumulation range that signals rising bullish pressure and the potential for an upcoming expansion toward higher resistance levels. Summary Market sentiment around Pi Network is improving as volatility compresses Consistent stability near the lows indicates reduced sell-side pressure Broader altcoin market strength may help support Pi Network’s next move Pi Network’s (PI) price action is showing notable signs of stability, with the asset trading within a well-defined accumulation zone. With the price holding above a key support region and consecutive higher lows forming, early indications suggest that…

TLDR: Bill proposes letting Americans pay federal taxes in Bitcoin through a structured reserve plan. Strategic Bitcoin Reserve would store all Bitcoin tax payments as long-term federal assets. Proposal cites Bitcoin’s scarcity and inflation resistance as core reasons for the reserve. The bill aims to keep the United States competitive as major nations accumulate Bitcoin. A new proposal in Washington aims to let Americans pay federal taxes using Bitcoin. The Bitcoin for America Act was introduced this week by Rep. Warren Davidson.  The measure directs all Bitcoin tax payments into a Strategic Bitcoin Reserve. The proposal seeks to strengthen financial…

South Korea’s top crypto exchange Upbit is preparing a path toward a Nasdaq listing as part of a forthcoming merger with tech conglomerate Naver, positioning the exchange for a higher global profile. Upbit Charts U.S. Listing Course Through Dunamu-Naver Tie-Up Upbit’s plans were reported exclusively by Seoul Economic Daily (sedaily.com), which said the exchange’s parent […] Source link

TLDR: Solana may reduce roughly 22M SOL emissions, lowering future sell pressure. Doubling disinflation accelerates the 1.5% terminal inflation target for $SOL. Tighter supply could strengthen staking incentives and long-term investor confidence. Solana aims to become one of the most economically disciplined crypto networks. Solana developers have proposed a major change to the network’s tokenomics. The plan aims to double the disinflation rate, reaching the 1.5% terminal inflation target twice as fast.  This adjustment could remove roughly 22 million SOL from future emissions, cutting potential market sell pressure. The proposal signals a strategic shift toward tighter supply discipline for one…

TLDR: $41B liquidated in crypto since October 1, with $20B lost in one day. Daily liquidations now reach $100M–$1B, even on stable global market days. Open interest collapsed, thinning liquidity and amplifying price volatility. Digital Asset Market Clarity Act targets wash-trading, spoofing, and transparency gaps. Crypto markets have experienced unprecedented sell-offs since early October, with $41 billion liquidated across major assets.  On October 10 alone, nearly $20 billion vanished in less than 24 hours. This surge occurred despite stable global equities, strong corporate earnings, and no major macro shocks.  Traders and liquidity providers continue facing pressure as the market reacts…

Up to one-fifth of all crypto companies may have North Korean workers embedded in their operations, a security expert warned at Devconnect in Buenos Aires. Summary Up to 20% of crypto companies may unknowingly have North Korean workers embedded. An estimated 30–40% of crypto job applicants are DPRK attempts to infiltrate firms. North Korea has stolen over $3B in crypto in three years, funding nuclear programs. Pablo Sabbatella, who founded web3 audit firm Opsek and serves as a Security Alliance member, shared estimates that suggest the problem extends far beyond isolated incidents. Job applications flooding into crypto firms show an…

TLDR: Senate committee advances Selig as CFTC and crypto debate accelerates across trading circles. Market demand for onchain derivatives increases pressure on CFTC rulemaking choices. Posts from Pedersen and Chervinsky frame the vote as a key policy inflection point. Retail access concerns sharpen industry focus on upcoming Senate floor action. The Senate Agriculture Committee advanced Mike Selig’s nomination for CFTC Chair on a tight 12–11 vote. No Democrats supported the move, according to reporter Brendan Pedersen.  The nomination now heads to the Senate floor for a broader decision. The shift comes as the debate over CFTC and crypto gains new…