WAO ART #313

Argentina has announced that financial contracts can now be denominated in Bitcoin, marking a significant advancement in the country's crypto adoption. The decision is based on Article 766 of the Argentine Civil Code.

Solana has surpassed Ethereum in daily decentralized exchange (DEX) volume for the third consecutive day, reaching a peak of $1.55 billion compared to Ethereum's $1.21 billion. Solana's price has also surged, nearing $100 after a 870% increase year-to-date.

Hong Kong has become the first Asian market to approve the listing of crypto spot ETFs. The Hong Kong Stock Exchange is eager to take advantage of this development. The SFC and the Hong Kong Monetary Authority (HKMA) have announced their willingness to consider applications for spot crypto ETFs.

Cryptocurrency exchange Coinbase has received approval to operate as a registered virtual asset service provider (VASP) in France. The company sees France as an important market and is committed to partnering with regulators to update the financial system.

Fiji Sugar Corporation chairman Nitya Reddy has stated that there is a strong sense of goodwill in Fiji's sugar industry. Despite facing challenges, Reddy believes that the industry's long-standing partnerships between farmers, workers, management, and the government have helped it endure.

The Central Bank of Nigeria has relaxed its restrictions on banks facilitating cryptocurrency transactions. After a comprehensive ban on banks engaging with crypto, the CBN now allows crypto firms to open accounts with Nigerian banks. Nigeria is one of the leading countries in crypto adoption.

BlackRock, along with Hashdex and Pando Asset, has submitted revised S-1 filings for their Bitcoin exchange-traded fund (ETF) and plans to allocate $10 million in seed funding for the ETF on January 3. This suggests that the ETF may be on track to launch soon.