Invesco Galaxy Solana ETF is now listed on Cboe and available for trading

December 16, the People’s Bank of China (PBOC) Shanghai Head Office reminded the public that the digital renminbi (e-CNY) is a digital form of legal tender, operating under a two-tier system involving the central bank and digital currency operators. There are no private promotion centers for the e-CNY, and no "digital renminbi promoter exam" exists. The e-CNY has no room for speculation. There are no so-called "exchange subsidies," "transaction rebates," high commissions, or promises of high returns on holdings. It will never induce users to disclose personal sensitive information or participate in pyramid schemes. When faced with offers of "high returns" or "risk-free profits" from alleged "digital renminbi investments," stay alert, don’t be gullible, and guard against scams to avoid financial losses. If you suspect a scam, contact police right away.

**Dec. 16 (CoinDesk) —** Strata protocol developer Frontera Labs has closed a $3 million seed funding round, led by Maven 11 Capital, with participation from Lightspeed Faction, Halo Capital, Heartcore Capital, Anchorage Digital Ventures, Nayt Technologies, Split Capital and others. Frontera Labs launched the decentralized risk-layering protocol Strata, which packages on-chain and off-chain revenue strategies into tokenized risk-layering products—each layer featuring distinct risk-return profiles.

On December 16th, Onchain Lens monitoring data shows an early Ethereum whale has deposited 3,000 ETH (valued at $8.79 million) into Kraken.

On December 16, Hong Kong, China-based stablecoin payment fintech RedotPay closed a $107 million Series B funding round. The round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and existing backers including HSG (formerly Sequoia Capital China).

As of December 16, U.S.-listed Bitcoin treasury firm KindlyMD (ticker: NAKA) is at risk of delisting from Nasdaq, with its share price trading below $1 for 30 straight trading days. To avoid delisting, KindlyMD must push its stock above $1 and maintain that level for 10 consecutive trading days by June 8, 2026. The stock first dipped below $1 in late October this year, closing at $0.38 on Monday. KindlyMD holds 5,398 bitcoins—valued at roughly $466 million—and ranks as the 19th largest corporate Bitcoin holder globally. The firm was acquired by Nakomoto via a reverse merger in August. Since hitting its all-time high in May, NAKA shares have plummeted 99%.

Binance Alpha will launch Theoriq (THQ) on December 16 at 22:00 UTC+8. Users holding at least 220 Alpha Points are eligible to claim a 400 THQ airdrop. This event uses a "decreasing points" rule: - Claiming the airdrop costs 30 Alpha Points in the first minute. - For each subsequent minute the event stays active, the required points drop by 1 (minimum 10 points).