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As Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), announced his resignation on January 20 next year, it has been revealed that the Trump Transition Committee is reviewing Paul Atkins for the next SEC chair. Bloomberg reported that the Trump Transition Committee has met with Paul Atkins, who has past experience as an SEC commissioner, and interviewed him for the position of the next SEC chair. Paul Atkins currently runs a financial consulting firm and has repeatedly pointed out the irregularities in the SEC's operations in his appearances before the U.S. Congress.
2. Vancouver Mayor Announces Plan to Allocate City Budget to Bitcoin Purchases
The mayor of Vancouver has announced that the city will allocate a portion of its budget to invest in Bitcoin (BTC) as part of diversifying the city's financial resources. On the 27th, Mayor Ken Sim submitted a notice to the Vancouver City Council meeting, outlining the plan to add Bitcoin to the city's financial statements.
3. Ethereum Futures Open Interest Reaches All-Time High
According to data from on-chain analysis platform CoinGlass, the open interest in Ethereum (ETH) futures has surged, reaching a record high of around $22 billion on the 27th.
4. Stablecoin Market Cap Reaches All-Time High
According to data from on-chain analysis platform CC Data, the global stablecoin market capitalization reached a record high of $190 billion on the 27th. The stablecoin market cap has risen by about 9.94% since October, surpassing the $188 billion recorded in April 2022.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
