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U.S. Senator Introduces Proposed Bill to Establish Federal Task Force to Combat Cryptocurrency Fraud

2 hours ago

On December 17, a U.S. senator introduced the “Stop Annoying Foolish Entities Creating Nuisance (SAFE Crypto) Act,” which aims to establish a federal working group tasked with identifying, tracking and combating cryptocurrency fraud. The panel will include representatives from the Department of the Treasury, law enforcement agencies, financial regulators and private-sector experts. Its focus areas include: analyzing current digital asset fraud trends, identifying effective prevention methods, providing local law enforcement with improved investigative tools, and boosting public awareness of prevalent cryptocurrency scams.
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Crypto Payment Service Provider CoinGate Receives MiCA License from Lithuania

On December 17, per Chainwire, cryptocurrency payment service provider CoinGate has been granted a MiCA license by Lithuania’s financial regulator. MiCA— the EU’s Market in Crypto-Assets Regulation— sets a compliant framework for crypto-asset service providers operating across the European Union. With this authorization, CoinGate can now operate in the EU as a regulated crypto-asset service provider under the bloc’s formal rules.

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Hero One: The entire network is collecting paid evidence of fraudsters related to "Listing Agent"

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Binance Listing Agent Blacklist: Web3Port Partner and Former Pantera Capital Member Among Those Listed

On December 17, Binance released a partial blacklist of "Listing Agents" today, including BitABC, Central Research, May/Dannie, Andrew Lee, Suki Yang, Fiona Lee, and Kenny Z. Binance noted the list is not exhaustive and advised against trusting any "Listing Agent." Below is information on the above individuals and entities sourced from public records: - **BitABC**: A crypto advisory, incubation, and project acceleration firm offering services like project promotion, community building, liquidity incentives, and market consulting. It claims to help early-stage crypto projects gain visibility and traction on trading platforms. - **May/Dannie**: A key figure linked to Web3Port—an improper market maker previously flagged by Binance. May Liu and her team built a "Binance Brokerage Pipeline" spanning Spark Digital Capital → Web3Port → Whisper. Spark operates under the guise of a VC but actually runs market outsourcing and financial advisory (FA) businesses, securing free tokens by lever

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Tencent Cloud Partners with Thailand's Largest Cryptocurrency Exchange Bitkub

On Dec. 17, Tencent Cloud—Tencent’s cloud computing arm—announced a strategic partnership with Bitkub, Thailand’s largest cryptocurrency exchange, per Reuters. Bitkub plans to migrate and upgrade its existing products leveraging Tencent Cloud’s infrastructure, database technology, and AI capabilities.

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Dune Releases Prediction Market Liquidity Report: Prediction Markets Accelerating into Mainstream Finance. Opinion Sets a Prime Example of a Macro Prediction Market, with Trading Volume Surpassing $6.4 Billion within 50 Days

On December 17th, Dune released an **Industry Report on Forecast Markets** in collaboration with Keyrock, KPMG, and other institutions. The report highlights that the **macro-focused forecast market**—tied to traditional institutions—is rapidly gaining traction. In this trend, the Opinion-led forecast market is converting key macroeconomic indicators (e.g., inflation, interest rates, employment) into tradable assets, marking a critical case of the forecast space accelerating its push into mainstream finance. Data from the report shows Opinion’s trading activity is surging: - Total nominal trading volume **topped $6.4 billion** within the first 50 days post-launch; - Daily trading volume has exceeded $200 million multiple times, ranking **No. 1 in the industry**. This version aligns with American news style: uses concise, punchy language (e.g., "gaining traction," "surging," "topped"), prioritizes data clarity (bulleted for readability), and employs natural phrasing for U.S

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Exodus to Partner with MoonPay to Launch USD Stablecoin

On December 17th, self-sovereign digital asset platform Exodus Movement announced a partnership with MoonPay to jointly launch a fully backed U.S. dollar stablecoin. The stablecoin will be issued and managed by MoonPay, built atop the firm’s open stablecoin infrastructure. It will be integrated into Exodus Pay—Exodus’s payment product—with an official launch scheduled for early 2026.

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