Community News:

1. Gala Games deleted the tweet about the collaboration with Hollywood star The Rock

Gala Games, a blockchain-based gaming platform, deleted a tweet about its collaboration with Hollywood stars. Gala Games tweeted on Monday that it is working with Dwayne "The Rock" Johnson and Mark Wahlberg. GALA rose more than 70% to $0.051, its highest level since September 13. (CoinDesk)

 

Industry News:

1. Five industry organizations including the City of London Corporation in the UK established a digital currency alliance

The City of London Corporation, the Digital Pound Foundation, the Payments Association, TheCityUK and UK Finance announced the formation of the Digital Currency Alliance, with the goal of developing better policies, practices and regulations around digital currencies. (Finextra)

2. CZ: Binance will continue to expand in 2023, with a target of 15% to 30% growth in headcount

Binance founder and CEO Changpeng Zhao (CZ) said at a conference in St. Moritz, Switzerland that Binance will continue to expand in 2023, with a target of 15% to 30% growth in headcount, and the exchange team will increase from 3,000 in 2022 to 8,000. (The Block)

 

Policies and Regulations:

1. Binance has been approved by the Swedish Financial Supervisory Authority for registration

Binance announced that it was approved by the Swedish Financial Supervisory Authority (Swedish FSA) to register as a financial institution for the management and trading of virtual currencies on January 10, 2023. This means that Swedish residents will now be able to use Binance's extensive cryptocurrency and Web3 services, including euro deposits and withdrawals, purchases of cryptocurrencies with euros, trading, staking, and the Binance Visa card.

2. Argentina proposes a bill to encourage citizens to disclose crypto assets with preferential tax rates

Argentina's Ministry of Economy has drafted a bill to encourage Argentines to declare their cryptocurrency holdings with preferential tax rates. The bill will require cryptocurrency holders to submit a sworn statement disclosing their crypto assets. (Cointelegraph)