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- 06:08Australian ASIC Chair warns that a conservative attitude towards tokenization may lead to missed opportunitiesChainCatcher news, according to Cointelegraph, Joe Longo, Chairman of the Australian Securities and Investments Commission (ASIC), delivered a speech at the National Press Club on Wednesday, warning that Australia's capital markets will fall behind global competition if the country does not embrace new technologies such as asset tokenization. Longo stated that distributed ledger technology could fundamentally transform capital markets, and the global tokenized asset market is expected to reach a scale of 2 to 16 trillion USD by 2030. To address these challenges, ASIC will relaunch its Innovation Hub to support fintech startups in navigating regulatory challenges.
- 06:08Yesterday, the net inflow of US SOL spot ETFs was $29.2 million, bringing the total inflow to $323 million.According to ChainCatcher, citing monitoring by Farside Investors, yesterday the US SOL spot ETF saw a net inflow of $29.2 million. The ETF has maintained net inflows for eight consecutive trading days since its listing, with total inflows reaching $323 million.
- 05:58The EU plans to postpone the implementation of certain provisions of the Artificial Intelligence Act.According to Jinse Finance, the Financial Times reports that the European Commission, under significant pressure from major tech companies and the US government, has proposed suspending parts of its landmark artificial intelligence legislation. The EU plans to relax certain digital regulations in a decision called the "streamlining plan" on November 19. The EU has faced immense pressure on its AI Act from the US government, large tech companies, and European groups; the Act is considered the world's strictest regulatory framework for the development of artificial intelligence technology. A senior EU official stated that the EU has been in contact with the Trump administration regarding adjustments to the AI Act and other digital regulations. According to the draft, the EU is considering offering companies a one-year "grace period" for violations of the highest-risk AI usage rules, and also suggests postponing the implementation of fines for breaches of new AI transparency rules until August 2027. (Golden Ten Data)