US Stock Futures Dive Further

On December 31st, the Neo Foundation (NF) and Neo Global Development (NGD) acknowledged a recent conversation between the two founders on X and the community attention it has drawn, clarifying that any controversies stemming from the conversation will not impact the day-to-day operations of either organization. NF is currently preparing financial reports for both itself and NGD, slated for release in Q1 2026.

On December 31, per HTX market data, LIGHT (from Bitlight Labs) saw a short-term surge—breaking above $1.1 and climbing more than 250% in roughly two hours. The token’s current market cap stands at $45 million.

On December 31, the U.S. Securities and Exchange Commission (SEC) launched a review of a proposed Rule 5.4 amendment from the Chicago Board Options Exchange (Cboe) to decide whether to approve an adjustment to the minimum quote increment for Cboe Mini Bitcoin ETF Index (MBTX) options. Under the proposal, options series with a transaction price below $3 would have a minimum quote increment of $0.01, while those priced at $3 or higher would use $0.05. The SEC is now seeking public comment on the proposal, with submissions due by January 21, 2026. Cboe said the measure aims to match the quoting granularity of BlackRock iShares Bitcoin Trust (IBIT) options, reducing bid-ask spreads through finer pricing.

On December 31, Bubblemaps data reveals roughly $250 million was pulled from the Lighter platform one day after its token generation event (TGE).

**Korbit Fined $1.88M, Hit with Warning for AML Violations in South Korea** South Korea’s Financial Intelligence Unit (FIU)—a division of the Financial Services Commission (FSC)—announced on December 31 that cryptocurrency exchange Korbit has received an institutional warning and a 2.73 billion South Korean won (≈$1.88 million) fine for violating anti-money laundering (AML) obligations under the Specific Financial Information Act. The FIU also issued a caution to Korbit’s representative office and a reprimand to its AML reporting officer. The sanctions stem from three key violations uncovered during an on-site inspection held October 16–29, 2024: 1. Roughly 22,000 Customer Due Diligence (CDD) and transaction restriction breaches, including accepting unclear identity documents, allowing transactions with incomplete customer information, and failing to periodically reconfirm customer details. 2. Conducting 19 asset transfer transactions with three unregistered overseas virtu