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This week's top news highlights from December 8 to December 14.

China is accelerating the development of the digital yuan, and its policy stance to resolutely curb virtual currencies, including stablecoins, has become fully clear. This approach is based on a comprehensive consideration of factors such as China’s global leadership in mobile payments and the digital yuan, the sovereignty and security of the renminbi, and the stability of the monetary and financial system.

As the December FOMC meeting approaches, the market's focus has shifted from interest rate cuts to the possibility of the Federal Reserve restarting large-scale asset purchases.

He believes the industry has lost its idealism and has turned into the largest and most participated super casino in human history, and he feels disgusted for having contributed to this casino.

He believes the industry has lost its idealism, morphing into the largest and most widely participated super casino in human history, and feeling disgusted with having once contributed to this casino.


In Brief Bitcoin and altcoin ETFs witness dynamic shifts in inflows and outflows. XRP and Solana ETFs attract notable investor attention and activity. Institutions explore diversified crypto ETFs for strategic risk management.