Huoxun Finance reported on December 13th that, according to Cointelegraph, in response to Citadel's letter to the SEC earlier this month urging the SEC not to grant broad exemptions to DeFi platforms that would prohibit them from trading tokenized U.S. stocks, arguing that these platforms would likely be defined as "exchanges" or "brokerage firms" regulated under securities laws, cryptocurrency lobbying groups including Andreessen Horowitz, the Uniswap Foundation, the DeFi Education Foundation, and the Digital Chamber of Commerce have sent a letter to the SEC opposing Citadel Securities' request for the SEC to tighten regulations on tokenized stocks in the DeFi sector. "Citadel's letter is based on a flawed analysis of securities laws and attempts to extend SEC registration requirements to any entity with even the most indirect connection to DeFi trading." Furthermore, while acknowledging Citadel's goals of protecting investors and maintaining market integrity, they disagree that "achieving these goals always requires registration as a traditional U.S. SEC intermediary, and in some cases, a well-designed on-chain market cannot meet these objectives." The letter also criticized Citadel's definition of autonomous software as an intermediary, arguing that autonomous software cannot be a "middleman" in financial transactions because it "is not a person capable of exercising independent discretion or judgment."

According to Cryptorank data, as reported by Odaily Planet Daily, Pump Fun trading volume has declined for four consecutive months.

Odaily Planet Daily reports that crypto derivatives exchange Bitnomial has officially announced that it has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to clear fully collateralized swap contracts, enabling it to offer prediction market services. Currently, the service will focus on two main areas: cryptocurrencies and economic events. In addition, the exchange's clearing function, Bitnomial Clearinghouse, can also provide a wider range of clearing services to partner prediction markets, thereby gaining collateral liquidity between the U.S. dollar and cryptocurrencies.

According to Odaily Planet Daily, listed companies and private enterprises have increased their BTC holdings from 197,000 to 1.08 million since January 2023. (Cointelegraph)

According to Odaily Planet Daily, RAVE prices broke through $0.60, reaching a high of $0.67, a 24-hour increase of 413%.