These exchanges include KuCoin, Bitcastle LLC, Bybit Fintech Limited, MEXC Global, and Bitget Limited.

It clearly defines digital currency as property. According to the new law, the mining and sale of digital currency will be exempt from value-added tax (VAT), and cross-border settlement services will also enjoy tax exemption. However, mining service providers must report user information to the tax authorities, and those who fail to report in time will be fined 40,000 rubles.

The newly revised "Anti-Money Laundering Law of the People's Republic of China" will come into effect on January 1, 2025. Ying Yong, Secretary of the Party Leadership Group and Chief Prosecutor of the Supreme People's Procuratorate, emphasized that it is necessary to coordinate and strengthen the fight against money laundering crimes, accurately grasp the provisions of the revised Anti-Money Laundering Law on improving the scope of upstream crimes of money laundering, implement the provisions of the Anti-Money Laundering Law and the Criminal Law on "money laundering crimes" in an integrated manner, accurately apply the "Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Money Laundering", deepen the three-year action to combat money laundering crimes, punish money laundering and related crimes in accordance with the law, enhance the ability to combat money laundering crimes using new technologies, new products, new businesses, etc. such as virtual currencies, and form a joint force to combat.

Gifto posted on the X platform early this morning: "Attention to the serious security incident related to the GFT contract. The GFT token contract has been hacked and more GFT tokens have been issued. We are investigating, we do understand the seriousness of this matter, and assure you that we are taking the necessary measures. We ask all exchanges that list GFT to stop trading the token. We are working hard to resolve this issue."

Binance Futures will automatically liquidate XEMUSDT, ORBSUSDT, and LOOMUSDT U-margined perpetual contracts at 17:00 (ET) on December 9, 2024, and will delist the above U-margined perpetual contract trading pairs after the liquidation is completed. Users are advised to close their positions before stopping trading to avoid automatic position liquidation.