U.S. Trade Representative Says Trump May Withdraw from USMCA Next Year

Dec. 4 — CZ tweeted, “The debate with Peter Schiff is about to start, and preparations are underway backstage.” Earlier, economist and cryptocurrency critic Peter Schiff challenged CZ on X to debate the pros and cons of Bitcoin versus tokenized gold. In response, CZ said, “While you’re opposed to Bitcoin, you’ve always been professional and unbiased. I respect that. We can debate this.”

Binance CEO Changpeng Zhao (CZ) addressed questions about a Trump pardon, U.S. business plans, and ties to the Trump family during a KOL and media roundtable on December 4th. First, CZ clarified he has no ties to the Trump family but expressed gratitude for the former president’s pardon, noting it has allowed Binance to operate more freely globally—including in the U.S. He added he is fully committed to helping make the U.S. the “crypto capital.” Previously, under the Biden administration, Binance sought to exit the U.S. market as fully as possible and cut all business links, avoiding U.S. investments and working to fully withdraw. While Binance US exists, its business is now minuscule: in 2023, the day the SEC sued Binance, Binance US held ~35% market share; today, that share is a fraction of a percent, nearly negligible. It has also lost all banking services and remaining state-level licenses. Now, CZ sees the U.S. as an “emerging opportunity” and a critical market: it leads

December 4th — Per Coinglass data, Coinbase’s Bitcoin Premium Index has stayed in positive territory for two straight days, with its current reading at 0.0236%. BlockBeats Note: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator for monitoring U.S. market capital inflows, institutional investment enthusiasm, and shifts in market sentiment. A positive premium (Coinbase price > global average) typically signals: strong U.S. buying pressure, active entry of institutions or compliant funds, ample USD liquidity, and generally optimistic investor mood. A negative premium (Coinbase price < global average) usually reflects: heavy U.S. selling pressure, reduced investor risk appetite, rising hedging sentiment, or capital outflows.

**Dec. 4 (The Block) — Bitwise Chief Investment Officer Matt Hougan pushed back against claims that MicroStrategy (formerly Strategy) could be forced to sell its Bitcoin holdings, calling the premise “completely wrong.” He noted there’s no requirement for the company to offload Bitcoin, whether due to index changes or market pressure.** **Hougan addressed recent questions focused on two key issues: whether MicroStrategy will be excluded from MSCI’s investable indexes, and if such a move would force the firm to liquidate its multi-billion-dollar Bitcoin holdings. He confirmed MSCI is weighing whether to remove digital asset treasury companies from its indexes, with a decision due Jan. 15. JPMorgan estimates passive funds could sell roughly $2.8 billion worth of MicroStrategy shares if the firm is excluded, while Hougan puts the probability of exclusion at around 75%.** **Still, Hougan cited historical data showing index inclusions/exclusions have far less price impact than investo

CZ made the remarks during a "KOL and Media Interaction" session when responding to the question, "How do you view He Yi's title adjustment and the change in her future work focus?" "From my view, He Yi becoming Co-CEO is completely normal. She has always been a co-founder, working tirelessly to nurture the community and serve users sincerely. She’s the hardest-working person I’ve ever met, and has long been a cornerstone of the company. This title adjustment is more about formal external recognition, helping the Western community get to know her better." He Yi and Richard have distinct skill sets that complement each other. "He Yi is nine years younger than me, has strong learning abilities, and quickly addresses any gaps. For instance, her English isn’t as strong as Richard’s, but she’s still improving—even though you’ll still catch plenty of grammar errors." "Recently, when I was in the U.S. with some downtime, I played sports. When I returned, I found the company was runni

December 4th — South Korean digital asset custody firm Bidex has expanded distribution of its Korean won-collateralized stablecoin KRW1 to the Polygon blockchain, per News1. Previously, Bidex had announced plans to issue KRW1 on Circle’s Ark blockchain. The addition of Polygon comes as the network offers high transaction throughput and low fees. KRW1 is backed by Korean won deposits held in domestic Korean bank accounts, with collateral funds sourced directly from those accounts.