Regulations
South Korean firms have postponed plans to hold Bitcoin (BTC) on their balance sheets after the government failed to publish expected guidance this week, Sisa Journal reports. Corporate treasuries had anticipated year‑end authorization to allocate funds into digital assets.
Ethereum slipped into a fair value zone as most corporate treasury crypto holdings fell, even as miner BitMine continued buying ETH near a key Fibonacci support level. Market pressure and regulatory uncertainty are weighing on prices.
At the Philadelphia Fed Fintech Conference, SEC Chair Paul Atkins unveiled "Project Crypto," a proposal to transfer oversight of certain digital assets — potentially including XRP — from the SEC to the CFTC. The move would reframe regulatory jurisdiction and could reduce securities-related risk for some tokens.
Winklevoss Capital has backed Cypherpunk Technologies’ new Zcash treasury plan, with a reported $58 million commitment tied to a $50 million ZEC treasury vehicle. The move underscores renewed institutional interest in privacy-focused crypto amid a broader market rebound.
Metaplanet slid about 7% after Bloomberg reported the Japan Exchange Group is weighing measures to rein in "digital-asset treasury" companies. Traders cite fears that tighter rules could reduce corporate Bitcoin demand and pressure prices.
Taiwan’s legislature has pushed the government to audit its Bitcoin holdings and to evaluate adding BTC to strategic reserves, with Premier Cho Jung-tai promising a detailed report by year-end. The move aims to explore diversification away from heavy US dollar exposure.
Canary Capital filed with the SEC on Nov. 12 to launch an ETF that would track MOG Coin's market price, offering regulated exposure to the memecoin. The filing raises custody, valuation and volatility questions that could test the SEC's stance on meme-focused investment products.
Upexi reported a historic $66.7 million net income, flipping from prior losses thanks to a $78 million unrealized gain on crypto assets tied to its Solana treasury. The firm also secured $700 million in credit lines and capital to scale digital-asset acquisition and management.
Nasdaq-listed VCI Global will acquire $100 million in OOB tokens and manage the digital treasury for OOBIT, a payments arm backed by Tether and a Solana co-founder. The move signals growing institutional appetite for crypto-native payment rails and treasury diversification.
The U.S. Treasury and IRS issued guidance allowing trusts behind crypto ETFs to generate staking rewards, removing a major tax and regulatory obstacle for Ethereum and Solana funds. The move could boost yields for ETF holders and shift staking dynamics across the crypto market.