Coinbase CEO Brian Armstrong is “pretty optimistic” about the approval of a Bitcoin spot ETF. He emphasized that although there is no internal information about this matter, judging from all the public content he has seen, the approval of the Bitcoin spot ETF is getting closer and closer. He added that he was “very optimistic” about the approval of a Bitcoin spot ETF next year. Of the 13 potential Bitcoin ETF issuers, 10 chose Coinbase Custody as their custodian. This means Coinbase may hold billions of dollars worth of Bitcoin on behalf of these funds. Brian Armstrong disagreed with the statement that "concentrating so many Bitcoins in one custody institution will bring risks" and said that this is people's recognition and trust in Coinbase. He said that in the long term, the crypto custody business is attractive to many companies and will enhance the diversity of the ecosystem.

The two co-founders of Bitcoin cloud mining company Hashflare, Ivan Turogin and Sergei Potapenko, who face 18 charges of fraud and money laundering, have successfully appealed their extradition to the United States from Estonia, the Estonian Tallinn Circuit Court said in a statement. On November 29, it overturned a lower court order denying their extradition to the United States. Their defense presented "evidence concerning conditions of detention in the United States" that the government failed to consider and claimed there were procedural irregularities in issuing the extradition order. In overturning the orders, the Circuit Court cited the practice of the European Court of Justice and the European Court of Human Rights.

The U.S. Treasury Department has blocked cryptocurrency mixing service Sinbad from the global dollar financial system for supporting transactions linked to a North Korean hacking group. Sinbad's website has also been blocked by the FBI, the Dutch Financial Intelligence Bureau, the Dutch Prosecutor's Office and the Finnish National Investigation Service.

German financial regulator BaFin has ordered subsidiaries of Bitcoin Group (ADE) to address some shortcomings in internal anti-money laundering measures. In a notice sent to the group's Futurum Bank unit in October and released publicly on Tuesday, the regulator said it had found "serious deficiencies" in the company's internal security measures, due diligence obligations and suspicious activity reporting systems. Bitcoin Group subsequently issued a statement stating that it was taking steps to address these deficiencies and that there was currently no indication that there were violations of money laundering and terrorist financing laws within the group.

Under new laws governing the taxation of virtual assets, Spanish residents will need to declare any crypto assets held on non-Spanish platforms by March 31, 2024. To this end, the Spanish Tax Authority (AEAT) has previously issued Form 721, which is an overseas virtual asset tax return and was first published in the Official Gazette on July 29, 2023.

Japanese crypto investment company CGV announced a special investment of US$5 million in the Blast ecosystem, aiming to collaboratively promote the development of the Blast network. CGV founder Steve said that the investment aims to attract more developers and users and promote the prosperity and diversity of the Blast ecosystem. He said that CGV will actively participate in the construction of the Blast ecosystem.

According to on-chain analyst Ember's monitoring, with the rise in APE in recent days, "Maji Big Brother" Huang Licheng's APE has now recovered its capital and made a floating profit of US$2.83 million: Huang Licheng's APE in the three months from August 14 to November 23 Continuously buying and pledging APE, a total of US$8.59 million was spent to buy 5.77 million APE, with an average cost price of US$1.49. If the staking income in these months is included, the average cost is $1.31. Huang Licheng has been buying APE from $2 to $1 since August.

According to Hong Kong 01 reports, Hong Kong financial technology company K Cash announced its plan to be listed on the main board of the Hong Kong Stock Exchange. The company plans to sell 125 million shares on November 27, of which 12.5 million shares will be sold in Hong Kong, accounting for 10%, and international placements will account for 90%. The price per share is HK$1.64 to HK$1.96, and the maximum amount raised is HK$281.8 million. K Cash will become the first company to be listed using the Hong Kong Stock Exchange's New Issue Settlement Platform (FINI). In addition, K Cash Chairman and CEO Li Gentai revealed that K Cash has confirmed a cooperation agreement with the River Square platform, a wholly-owned subsidiary of New World, and plans to join its blockchain platform Riverchain and will be launched before the end of this year.

SushiSwap posted that Kanpai 2.0 will end on January 23, when it will return to the xSushi model and the Sushi Bar will reopen, allowing xSushi holders to earn a portion of Sushi DEX transaction fees. By staking Sushi at Sushi Bar, Sushi holders will receive xSushi and be entitled to 0.05% from the standard trading fee of 0.3%. Currently, SUSHI tokens have completed the minting of 250 million total supply and no new tokens will be released. Currently, SushiSwap has updated its token economic model, but it will not be deployed.