Odaily Planet Daily reports that Pakistan's National Cybercrime Investigation Agency (NCCIA) conducted a joint raid in Karachi, dismantling an online investment fraud network known as an international scam syndicate, involving approximately $60 million. During the operation, police arrested 34 people in Phases 1 and 6 of the Defense Residential Area, including 15 foreigners and 19 Pakistani citizens.

Sindh Home Minister Ranjar stated that the group used social media and instant messaging software to perpetrate a long-term account-farming scam against victims both domestically and internationally, enticing them to participate in fake cryptocurrency and foreign exchange trading projects. Police seized 37 computers, 40 mobile phones, over 10,000 international SIM cards, and 6 illegal communication gateway devices.

According to Odaily Planet Daily, Danish Tax Minister Ane Halsboe-Jørgensen has publicly expressed strong dissatisfaction with the prediction market platform Polymarket's launch of betting contracts involving events such as war and geopolitics, and stated that the possibility of restricting or even shutting down the platform's operations in Denmark is being studied.

The report states that Polymarket is currently valued at over $8 billion, allowing users to place bets on various events, including not only regular topics such as Federal Reserve decisions, sporting events, and elections, but also highly sensitive issues such as the "Ukraine ceasefire," "whether Trump will acquire Greenland," and "people related to the Epstein files." BT.dk data shows that approximately 376 million Danish kroner has been wagered on the Ukraine ceasefire and approximately 33 million Danish kroner on "Trump taking over Greenland."

Halsboe-Jørgensen pointed out that, in her view, the platform "uses the misfortunes of others as a betting platform," and contracts surrounding war and conflict are particularly "worrying." She stated, "Betting on death and destruction, and trading with cryptocurrency, is completely contrary to all the values I uphold." She emphasized that if Danish users participate in such betting, it involves national sovereignty and the safety of others, and the government has a responsibility to take action.

The report indicates that Danish regulators are currently assessing whether Polymarket violates relevant national laws and are exploring ways to restrict its accessibility in Denmark through regulation or a ban. This move has reignited discussions in European countries regarding the ethical and regulatory boundaries of Web3 prediction markets. (Crowdfund Insider)

According to Odaily Planet Daily, as the Trump administration enters its second year, the landscape of cryptocurrency regulation in the United States is undergoing significant changes. The Securities and Exchange Commission (SEC) is pushing forward with a more aggressive cryptocurrency regulatory agenda, while the Commodity Futures Trading Commission (CFTC) is playing an increasingly central role in the regulation of crypto assets, and the previous "regulatory power struggle" between the two has eased.

The report states that the acting chairman of the CFTC has previously made it clear that the phase of regulatory disagreements with the SEC has ended and that future cooperation will be strengthened. Over the past year, the two agencies have jointly issued guidance covering key areas such as spot crypto trading, 24/7 markets, perpetual contracts, and decentralized finance. Howard Fischer, a former SEC official and now a partner at the law firm Moses & Singer, noted that this was the most cooperative phase he could recall between the two regulatory bodies.

In terms of concrete actions, SEC Chairman Paul Atkins introduced a "token classification system" and launched "Project Crypto," aiming to systematically update digital asset regulatory rules while promoting an "innovation exemption" mechanism to accelerate the adoption of compliant crypto products. The SEC also approved listing standards for some crypto ETFs and clarified that liquid staking and PoS staking activities do not constitute securities transactions. Furthermore, tokenization has become one of the SEC's regulatory priorities, and its recent "no-action letter" to the Depository Trust Company (DTC) is seen by the industry as a significant pilot signal for the tokenization of real-world assets.

Meanwhile, the CFTC expedited rule clarification through the "Crypto Sprint," allowing exchanges to list regulatory-approved spot crypto products and withdrawing some restrictive guidance. New CFTC Chairman Michael Selig is expected to push for a CFTC-led crypto regulatory framework at the legislative level. Saga CEO Rebecca Liao stated that if the CFTC focuses on Bitcoin, an asset explicitly classified as a commodity, it will have a significant stimulating effect on the entire crypto market.

The report also points out that both the SEC and CFTC are currently facing vacant commissioner seats, but analysts believe this will not change the overall trend of crypto regulation moving towards greater coordination and institutionalization by 2026. (The Block)

Odaily Planet Daily reports that Coinbase CEO Brian Armstrong stated in a post on the X platform that Coinbase has zero tolerance for misconduct and will continue to cooperate with law enforcement to bring perpetrators to justice. Thanks to an operation by Hyderabad police in India, a former Coinbase customer service representative has been arrested.

According to Odaily, Clear Street analyst Owen Lau, in his latest forward-looking report, has listed Coinbase as one of the top three most promising fintech stocks for 2026, alongside Nasdaq (NDAQ) and S&P Global (SPGI). Lau believes that Coinbase is central to the transformation towards blockchain financial infrastructure and is one of the companies most likely to benefit from the adoption of blockchain applications and clearer regulations.

Lau maintains a "buy" rating on Coinbase with a 12-month price target of $415. He points out that Coinbase's revenue structure is gradually diversifying, with subscription services, stablecoins, and on-chain financial services accounting for a larger share, which helps reduce its reliance on spot trading volatility. Its investments in tokenization, payments, and derivatives are also expected to enhance its ability to weather economic cycles.

USDC is considered a key growth engine. Circle co-operates with Coinbase on USDC, with Coinbase receiving approximately 50% of Circle's USDC revenue. However, Coinbase's current valuation is still below Circle's earnings expectations. Lau also mentioned potential catalysts for 2026 including the structural reforms of the US crypto market and the advancement of stablecoin-related legislation, as well as Coinbase's expansion in prediction markets, "super apps," and AI financial tools.

Lau views 2026 as a "transition year" for crypto stocks, with market focus shifting from trading volume to real adoption. He believes Coinbase has a clear advantage thanks to its strong balance sheet, international presence, and diversified product line. (CoinDesk)

Odaily Planet Daily reports that Nischal Shetty, founder and CEO of Indian cryptocurrency exchange WazirX, recently addressed the long-standing ownership dispute with Binance in an interview. Shetty stated that the dispute is currently in litigation, and the final outcome awaits legal judgment.

Shetty recalled that WazirX was sold between the end of 2019 and the beginning of 2020, and announced that it had been acquired by Binance. However, disagreements arose between the two parties regarding ownership, which escalated into a public dispute with conflicting accounts. He pointed out that the key to the issue lies in the outcome of the subsequent litigation.

Following a security incident in July 2024 that resulted in a loss of approximately $234.9 million and the completion of a restructuring approved by the Singapore court, WazirX has resumed operations. Shetty stated that the core focus for the past 15 months has been on restarting and rebuilding the platform, and now that operations are back to normal, related legacy issues will be included in the subsequent reconstruction process.

Regarding user concerns about the ownership dispute between Binance and WazirX, Shetty emphasized that from an operational perspective, it will not have a substantial impact on users. He stated that the platform has clearly disclosed the dispute in its latest terms of service to improve transparency. He indicated that the ownership issue will be resolved "at the appropriate time," but there is "no need for excessive concern" at the current operational level. (TheStreet)

According to Lookonchain monitoring, trader 0x94d3 (0x94d3...3814) previously sold 255 BTC, worth $21.77 million, to short BTC, ETH, and SOL, ultimately realizing a profit of $3.85 million. Currently, this trader has again shorted BTC, ETH, and SOL, with unrealized profits exceeding $1.77 million.

Odaily Planet Daily reported on December 26th that New York silver futures reached $76 per ounce, a 6.02% increase for the day. Spot silver rose 5.4% intraday, setting a new record high of $75.76 per ounce. Spot platinum continued its upward trend, rising over 10% intraday to a new all-time high of $2,452.95 per ounce. (Golden Ten)

Odaily Planet Daily reports that ABN AMRO, the Dutch bank, has made new progress in the digital asset field. Its German subsidiary, Hauck Aufhäuser Digital Custody, has been authorized under the EU's Crypto Asset Market Regulation (MiCAR), allowing it to provide cryptocurrency custody and trading services to institutional clients under a unified regulatory framework, with plans to gradually expand to other EU member states. MiCAR officially came into effect on December 30, 2024, and this approval makes ABN AMRO one of the earliest institutions to obtain this license.

Meanwhile, ABN AMRO also completed its first cross-border OTC "Smart Derivatives Contract" (SDC) transaction with DZ BANK. This transaction, based on blockchain technology, ran for 10 days, with settlement, valuation, and collateral management completed automatically on-chain. Related payments were executed instantly via SEPA and transmitted back to the smart contract, aiming to reduce operational complexity and counterparty risk in OTC derivatives trading. ABN AMRO stated that regulatory compliance and on-chain financial infrastructure will be crucial components of its efforts to advance digital assets and financial innovation in Europe. (financefeeds)

According to Odaily Planet Daily, Negentropic, co-founder of Glassnode, stated in an article on the X platform that the overall price trend of Bitcoin is currently positive, with continuous buying during pullbacks and strong performance at recent lows. The expiration date of the largest Bitcoin options deal in history, with a notional value of approximately $23.6 billion, has passed, thus easing the burden of derivatives trading. Hedging activity in recent weeks has put downward pressure on prices, with most upward attempts being mechanical. Currently, the price discovery mechanism is functioning again, and the trend is favorable for price increases.

At the macro level, the US M2 money supply continued to expand, growing by 4.3% year-on-year in November to a record high of $22.3 trillion. This marks the 21st consecutive month of expansion, exceeding the 2022 peak by approximately $400 billion. Inflation-adjusted real M2 grew by 1.5% year-on-year, marking the 15th consecutive month of growth, indicating that the trend of fiat currency depreciation continues.

According to data from msx.com, at the opening of the US stock market, the Dow Jones Industrial Average fell 0.1%, the S&P 500 rose 0.09%, and the Nasdaq Composite rose 0.01%. Cryptocurrency stocks generally fell, with Upxi down 3.16%, BLSH down 1.77%, and SBET down 1.47%.

It is understood that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stock and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Odaily reports that Binance Wallet has announced the launch of its 43rd exclusive TGE project, CollectFDN (COLLECT). The subscription period is from 16:00 to 18:00 (UTC+8) on December 27, 2025. Eligible users must use Binance Alpha Points to participate.

The official statement also indicated that an additional 120,000,000 COLLECT tokens will be used for subsequent related activities, with specific arrangements to be announced separately. Detailed TGE rules and an event page will be launched soon; please refer to official announcements from Binance Wallet for further information.

Odaily Planet Daily reports that Huma Finance announced on its X platform that the second phase of the Q2 airdrop is now live. The deadline for claiming is January 26th at 1 PM. Eligible wallets that missed the first phase can claim in the second phase. Limited partners (LPs) who transfer or withdraw locked PST and mPST will have a reduced allocation in the second phase. Users can currently subscribe to and stake HUMA.

According to Odaily Planet Daily, as gold, silver, and platinum prices hit record highs, the scale of on-chain commodity tokenization continues to climb, currently approaching $4 billion. TradingView data shows that spot gold once rose to $4,530 per ounce; RWA.xyz data shows that the scale of tokenized commodities has grown by approximately 11% in the past month, reaching $3.93 billion. Among them, Tether Gold (XAUT) accounts for approximately $1.74 billion and Paxos Gold (PAXG) approximately $1.61 billion, together dominating the market.

The report points out that tokenized precious metals can be transferred and traded on-chain 24/7, but pricing, liquidity, and redemption still rely on traditional financial infrastructure. As part of the broader RWA (Real Money Token) sector, investment bank Standard Chartered predicts that the size of tokenized RWAs excluding stablecoins will grow to $2 trillion by 2028, of which approximately $250 billion will flow to illiquid assets such as private equity and commodities.

In terms of the underlying network, Ethereum remains dominant, currently handling approximately 65% of tokenized RWA transactions, worth about $12.7 billion; BNB Chain ranks second, accounting for about 10.5%. However, on-chain data shows that RWA-related activities still account for a lower percentage of overall transaction fees and transactions compared to mature use cases such as stablecoin and token trading. (Cointelegraph)