South Korea is considering a 15%-20% cap on the stake a single shareholder can hold in a cryptocurrency trading platform, as a draft digital asset law is targeted for submission this month. According to Odaily, the Financial Services Commission is working to resolve differences among government agencies over the draft and expects it to advance through legislation proposed by lawmakers. The proposed cap could come with a one- to two-year transition period for existing platforms. Regulators are also considering limiting voting rights instead, amid concerns about property rights. The draft would replace a registration system for trading platforms with a licensing system, and stablecoin issuers are expected to take the form of bank-centered consortiums. Proposals also include no-fault liability for losses caused by hacking or system accidents and making violations of actual crypto-asset holding requirements grounds for suspending operations. South Korean Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il said on November 5 that the government would consult with the National Assembly on delaying the crypto-asset income tax, originally scheduled to take effect next year, by two years. The ruling party favors prioritizing the law to establish an overall regulatory framework and give companies and investors time to adjust.

On Nov 08, 2026, 07:42 AM(UTC). According to Binance Market Data, BNB has crossed the 700 USDT benchmark and is now trading at 700.109985 USDT, with a narrowed 0.72% increase in 24 hours.

For many people working in the crypto industry, the real concern may lie in another direction: since domestic policies have clearly prohibited virtual currency mining activities, would purchasing mining machines in China and exporting them to overseas mining farms also constitute smuggling?

Nomura believes that the "blue wave" will slow down the construction of US data centers through tightened regulations, thereby lowering global AI chip prices and easing the difficulty for Chinese companies to obtain high-end GPUs and HBMs, which is generally beneficial to China's AI economy.

On November 7, UK Prime Minister Andy Burnham was preparing to use two European summits in November to pursue closer economic ties with the EU and reduce the impact of post-Brexit trade barriers on UK growth. According to Sina Finance, Burnham will attend the European Political Community meeting in Dublin on November 12 and travel to Brussels for the UK-EU summit on November 20, as the government seeks to advance slow-moving bilateral talks. The negotiations mainly cover youth mobility, agricultural trade and carbon emissions rules. Disagreements remain, including over the EU’s demand that the UK resolve the issue of tuition discounts for EU students separately, rather than linking it to UK businesses’ eligibility to participate in EU industrial policies. The UK government wants to lower costs for British businesses by easing some trade restrictions and simplifying regulatory procedures. Since becoming prime minister in July, Burnham has shown more flexibility on EU policy than his predecessor, Starmer. The government is assessing options including a dedicated economic partnership, rejoining the EU customs union or the European single market, and potentially rejoining the EU in the future. The options carry different political and economic costs: rejoining the single market could improve UK businesses’ access to trade but would require accepting free movement rules, while a customs union could avoid some immigration disputes but offer more limited economic benefits. The discussions have raised concerns within the UK Labour Party. Some lawmakers representing constituencies that backed Brexit in 2016 fear renewed debate over immigration and national sovereignty could deepen domestic political divisions and create an opportunity for Nigel Farage’s Reform UK. Recent polls show increased public support for closer EU ties, but that does not necessarily mean voters want to revisit years of Brexit-related political debate. The EU is also cautious about whether the UK can turn its more positive political statements into concrete agreements.

Kenya-based conservation group Save the Elephants now uses AI to analyze about 200,000 aerial survey photos in a few hours, a task that previously took nine staff members nine months. According to Sina Finance, environmental organizations are increasingly relying on AI to protect wildlife, monitor forest fires, and conduct research, even as they worry about its environmental costs. A survey of 15 conservation and development organizations found that all used AI to some extent and were concerned about its impact. The International Energy Agency (IEA) estimates that global data centers’ annual electricity use will reach about 945 terawatt-hours by 2030, roughly twice the current level, while related carbon dioxide emissions will exceed 300 million metric tons. Annual water consumption by data centers could rise from 560 billion liters in 2023 to 1.2 trillion liters. The United Nations has called for greater transparency about AI systems’ environmental effects. The COP31 climate conference in Türkiye this month also plans to promote commitments to sustainable AI development. The Jane Goodall Institute is using Amazon Web Services technology to digitize handwritten records from a chimpanzee research project in Tanzania. Work initially expected to take 13 to 15 years could be completed in about two years. Conservation International uses satellite imagery and AI to alert forest patrols in Cambodia to fires. The Nature Conservancy analyzes fishing-vessel footage with onboard AI cameras, reducing the need to transmit large amounts of data to remote servers. The World Resources Institute limits resource use by restricting high-compute image and video generation and reusing existing AI analysis. Greenpeace remains skeptical of the continued expansion of data center infrastructure. Conservation organizations face the challenge of using AI to improve environmental protection while controlling its energy and water consumption and carbon emissions.

The U.S. Treasury Department's restrictions on MEXC start with its fund transfers with U.S. financial institutions.

With the establishment of the regulatory framework, the proportion of first-launch/exclusive listings in South Korea has decreased significantly.

The wave of protests has spread from Scotland to Spain, with 2,000 people rallying simultaneously in Dublin and 1,300 in Helsinki in just one day, and clashes and arrests breaking out in Amsterdam.

This week, 14 blockchain startups raised $43.5 million. Uranium Digital raised $16.5 million in Series A funding, the largest funding round this week.

From the history of the Russian trade in dead souls in the 19th century to the world's iris and palm print recognition, in an era of rampant AI forgery, proving the existence of a real human being is becoming an economic technology with a clear price tag.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

Artificial intelligence, US stocks, investment, US tech stocks have experienced a rollercoaster ride – Dan Bin: The probability of the AI ​​era coming to an end is extremely small; funds are being withdrawn to continue adding to positions. Golden Finance reports that US tech stocks experienced significant volatility this week.

The Paraguayan banking crisis exposed the vulnerabilities of traditional finance and also revealed the true nature of crypto "alternatives"—stablecoins, privacy, and identity each have their weaknesses.