Musk shifts focus to CZ’s X account as NFT transaction volume surges to US$224.41 million this week, up 16.27% from previous week
Former Thai Prime Minister Thaksin Shinawatra proposed the creation of a sandbox in Phuket to pilot the acceptance of Bitcoin payments. Currently, around 30 payment companies have received digital token service licenses from the Central Bank of Singapore. The latest version of DEXX has been launched for payments, and the market value of Pudgy Penguins has surpassed $1 billion.
Today’s news highlights:
- Former Thai Prime Minister Thaksin Shinawatra suggests setting up a sandbox in Phuket to test Bitcoin payments.
- Coinbase Chief Legal Officer responds to WBTC delisting, stating tokens will be removed if they don’t meet listing standards.
- Approximately 30 payment companies have acquired digital token service licenses from the Central Bank of Singapore.
- The latest version of DEXX is now available for payments.
- Musk re-follows CZ’s X account.
- NFT transaction volume this week reached $224.41 million, up 16.27% month-on-month.
- The market value of Pudgy Penguins has exceeded $1 billion.
- Smart money with an 85% win rate in ETH has acquired 788.2 billion PEPE, worth around $9.13 million.
Regulatory News:
Lan Fuan, Secretary of the Party Leadership Group and Minister of the Ministry of Finance, chaired a meeting of the Party Leadership Group. The meeting emphasized the importance of implementing a more proactive fiscal policy next year in line with the Central Economic Work Conference’s directives. The aim is to ensure the continued effectiveness and strength of fiscal policy. This decision, made by the Party Central Committee from a strategic perspective, takes into account the current situation, challenges, and opportunities. It aligns with the goals of high-quality development and enhances counter-cyclical adjustments while improving macroeconomic regulation. The financial department is urged to understand the economic and fiscal policy orientations for next year and increase the fiscal deficit ratio. It is also advised to issue ultra-long-term special government bonds, support key projects, and expand policy implementation areas. Local government special bond issuance and investment expansion are also encouraged.
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