Compiled by: Fairy, ChainCatcher

Key news:

  • Binance will list Bio Protocol (BIO) on January 3, 2025, at 18:00 (UTC+8).

  • The EU (Markets in Crypto-Assets Regulation) (MiCA) will come into effect on December 30.

  • Six mutual funds tracking Bitcoin prices will be listed in Israel on December 31.

  • FTX has confirmed that the effective date of the reorganization plan is January 3, 2025.

  • ZK airdrop claims will close on January 3, 2025.

December 30 (Monday)

The Netherlands AFM: (Markets in Crypto-Assets Regulation) will come into effect on December 30.

The Netherlands Financial Markets Authority (AFM) reminded investors to be aware of the risks of cryptocurrency "pump and dump" schemes and announced that the Markets in Crypto-Assets Regulation (MiCA) will take effect on December 30. MiCA explicitly prohibits market manipulation, and the AFM will be responsible for supervising and enforcing the new regulations in the Netherlands.

AFM stated that MiCA aims to enhance transparency and market integrity in the crypto industry, although it cannot eliminate all risks. To this end, AFM has recently investigated multiple "pump and dump" cases and plans to enforce strict regulations after MiCA is implemented.

In addition, industry experts warn that MiCA may lead to crypto businesses migrating to the Middle East, increasing the risk of centralization in the industry.

EBA has established guidelines for restrictive measures for cryptocurrency providers, which will take effect on December 30, 2025.

The European Banking Authority (EBA) released new guidelines on November 14 for payment service providers (PSPs) and crypto asset service providers (CASPs), clarifying that these institutions must comply with EU and member states' restrictive measures when transferring funds. The EBA noted that these guidelines would help financial institutions effectively implement restrictive measures within governance and risk management frameworks to avoid operational and legal risks.

The EBA emphasizes that if there are gaps in financial institutions' controls, internal policies, and procedures, it may trigger legal and reputational risks and undermine the effectiveness of EU restrictions, potentially affecting the stability of the EU financial system. The new guidelines require PSPs and CASPs to select reliable screening systems to prevent users or entities from circumventing restrictions. These guidelines will take effect on December 30, 2025.

December 31 (Tuesday)

Six mutual funds tracking Bitcoin prices will be listed in Israel on December 31.

After approval from the Israel Securities Authority (ISA), six mutual funds tracking Bitcoin (BTC) prices will be listed next week in Israel.

These six companies will start operations on the same day, which is a condition set by regulators. Investment company executives stated: "The investment firm has been pleading for ETF approval for over a year and started sending out prospectuses for Bitcoin funds mid-year. But regulators are acting at their own pace. They need to check the details."

Parcl: The PRCL token is now live, with the claim deadline on December 31.

The Solana ecosystem real estate trading protocol Parcl announced on social media that the PRCL token is now live, and early adopters of the Parcl ecosystem and core community members can claim until December 31, 2024.

Jupiter: Active staking rewards claim is now available, with the claim period ending on December 31.

Jupiter announced on the X platform that Active Staking Rewards claims are now available, with the claim period ending on December 31. This time, 50 million JUP and 7.5 million CLOUD will be distributed to active voters, with JUP added to users' stakes and CLOUD added to users' wallets upon claiming.

It is reported that voters for Active Staking Rewards (ASR) need to stake at least 10 JUP (at the time of voting) to qualify for ASR.

Kraken plans to delist Monero in the EEA due to regulatory requirements; users must withdraw assets by December 31.

Kraken announced it will stop supporting Monero (XMR) in the European Economic Area (EEA) by the end of October.

Kraken stated this move is due to regional regulatory changes and will stop all trading and deposits of XMR markets by October 31. Users must withdraw assets by December 31, 2024; any unwithdrawn Monero will be automatically converted to Bitcoin and distributed to users on January 6, 2025.

January 1 (Wednesday)

Web3 automation tool NFTSniper announced it will gradually shut down the website, and the Meme feature will be removed on January 1, 2025.

According to X user @woodycryptow, the community manager of Web3 automation tool NFTSniper announced that the website will gradually shut down.

The specific arrangements are as follows:

1. Service fees reduced to 0;

2. The Meme feature will be removed on January 1, 2025;

3. Non-meme features will be removed on January 7, 2025, and the website will be shut down;

4. New feature development will continue until December 31, and real-time issue response will remain active until the website closes.

The second airdrop season of Kelp DAO will start on January 1, 2025, and end on April 30.

The second airdrop season of the Ethereum liquidity re-staking platform Kelp DAO (the airdrop accounts for 5% of the total supply) will run from January 1, 2025, to April 30, 2025, with an additional 15% loyalty reward for re-staking before January 15, 2025; the remaining 5% of the airdrop plan is pending.

January 3 (Friday)

ZK airdrop claims will close on January 3, 2025.

ZK Nation announced on X that the second wave of ZK token claims is now available. Members of the Protocol Guild, contributors from external projects, or users nominated by ZKsync native ecosystem projects can now check their eligibility for the airdrop, which accounts for 1.91% of the total airdrop, with a deadline of January 3, 2025.

FTX has confirmed that the effective date of the reorganization plan is January 3, 2025.

According to a news release, FTX and its affiliated debtors announced that the Chapter 11 reorganization plan approved by the court will officially take effect on January 3, 2025. The first round of distributions will start within 60 days after the effective date, limited to approved creditors in Convenience Classes. FTX has reached agreements with cryptocurrency custodians BitGo and exchange Kraken to provide asset distribution services for retail and institutional clients.

To qualify for the first round of distribution, users must complete the following steps by January 3, 2025:

  1. Log in to the FTX debtor customer portal

  2. Complete KYC identity verification

  3. Submit necessary tax forms

  4. Complete account opening at BitGo or Kraken

FTX CEO John Ray III stated: "Over the past two years, our professional team has successfully recovered billions of dollars in assets. The effectiveness and start of the distribution of the reorganization plan in January 2025 reflect significant achievements in asset recovery." For transferred claims, only transferees who complete processing before the record date of January 3, 2025, and have a 21-day objection period will be eligible for distribution. FTX Digital Markets Ltd. (FTX DM) will announce its client's distribution process separately.

Global X's Bitcoin and Ethereum ETP launched in Europe will increase its fee to 0.29% on January 3, 2025.

According to the Financial Times, U.S. exchange-traded fund provider Global X stated that before January 3, 2025, its Global X Bitcoin and Ethereum ETP will charge no fees, after which the fee will become 0.29%.

These two products were initially listed on the Xetra exchange in Frankfurt and the Swiss Stock Exchange in Zurich in March 2022, with a total expense ratio of 0.65%.

Binance will list Bio Protocol (BIO) on January 3, 2025, at 18:00 (UTC+8).

Binance Launchpool will launch Bio Protocol (BIO). Users can deposit BNB and FDUSD into the BIO reward pool on the Launchpool website after 08:00 (UTC+8) on December 24 to receive BIO, with the activity lasting a total of 10 days.

Binance will list Bio Protocol (BIO) on January 3, 2025, at 18:00 (UTC+8), and open trading pairs BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.