Social news:

1. The transaction volume of BAYC’s new game ticket Sewer Pass reached 4700 ETH, and Blur, SudoSwap, etc. were included in the mint blacklist

Yuga Labs has blacklisted at least four markets that do not mandate NFT royalties in its latest NFT Drop Sewer Pass. BAYC opened its Sewer Pass mint at 12:30 ET on January 18, with trading volume exceeding $1.3 million an hour later and reaching nearly $5 million worth of ETH four hours later. (The Block)
 

Industry News:

1. People familiar with the matter: Genesis Global Capital may file for bankruptcy protection as early as this week

Genesis Global Capital is preparing to file for bankruptcy as soon as this week, according to people familiar with the matter. Digital Currency Group’s cryptocurrency lending arm has been in confidential negotiations with various creditor groups. (Bloomberg)

2. Global Digital Assets and Cryptocurrency Association establishes Core Principles Steering Committee

The Global Digital Assets and Cryptocurrency Association (DCA) announced the establishment of the Core Principles Steering Committee, which aims to elaborate the core principles of customer-oriented digital asset self-regulation for the encryption industry and avoid incidents like FTX that damage the credibility of the industry. (Benzinga)

Policies and regulations:

1. Binance announces plans to strengthen its local presence in Poland while remaining committed to full regulatory compliance

Binance announced that it is strengthening its local operations in Poland while remaining committed to full regulatory compliance. Binance’s 2023 operating plan in Poland builds on the local development of Binance Poland sp.z o.o. (Binance’s Polish entity) and strictly adheres to Polish regulatory standards.

2. France requires encryption companies to obtain regulatory authorization before January 1, 2024

Crypto companies in France will have to seek authorization from the regulator to operate if they are not already registered with the country’s financial regulator by January 1, 2024, under a plan passed by lawmakers in the National Assembly on Tuesday. (CoinDesk)

3. The Central African Republic establishes an encryption committee to explore integrating Sango into the national economy

The government of the Central African Republic (CAR) announced on Tuesday that it has established a task force that will explore how to integrate the national cryptocurrency Sango into the country’s economy. The Crypto Commission will work on drafting a law on the use of cryptocurrencies and will also submit guidelines for the tokenization of assets in the country. It is reported that the 15 members of the Encryption Committee come from government departments such as mining and geology, rural development and urban planning. (The Block)