December 22 | Crypto Market Observation 🌍

Overseas News 💰

New York State passes the RAISE Act, strengthening AI safety regulations, with increasing pressure on technology and encryption compliance.

The ruling on Musk's compensation has come into effect, and his personal fortune has surpassed 700 billion dollars, drawing renewed attention to the effects of capital concentration.

OpenAI has been sued due to involvement with ChatGPT, with AI compliance and legal risks becoming the focal point.

North Korean hackers have stolen $2.02 billion in encryption assets by 2025, reaching a historical high, raising alarms for on-chain security.

U.S. lawmakers propose tax relief on small stablecoin payments and staking rewards, benefiting the payment and staking sectors.

The crypto industry intensively responds to Senator Lummis not seeking re-election, with uncertainty in policy direction 🏛️

Domestic dynamics 🚨

Scholars suggest: Implement the stablecoin "China Plan" in the pilot free trade zone, exploring new compliance pathways.

Official reminder: Beware of using the digital RMB wallet for telecommunication fraud, risk prevention remains a priority.

In short ✍️

Regulation and security remain the main themes, the policy space for stablecoins and compliant payments is worth continuous tracking, but the impact of hackers and legal risks on market sentiment cannot be ignored.