The following are five news items worth noting in the cryptocurrency space over the past 24 hours:

1. Trump plans to lead cryptocurrency regulation through the CFTC, reducing the SEC's authority, and providing a clear framework for digital assets such as Bitcoin and Ethereum. At the same time, he is considering establishing a White House position dedicated to cryptocurrency policy, indicating his emphasis on industry development.

2. The U.S. federal appeals court ruled that the Treasury's sanctions against Tornado Cash are unlawful because its smart contracts are considered open-source software, which cannot be sanctioned as a tangible entity. This ruling may impact future cryptocurrency regulatory policies.

3. A proposal in the Brazilian Congress aims to establish a sovereign Bitcoin reserve (RESBit) that would account for 5% of total reserves, to mitigate geopolitical risks and support the digital currency Drex. Drawing from El Salvador's experience, the bill emphasizes economic diversification and is pending further deliberation.

4. Long-term holders sold over 728,000 Bitcoins within 30 days, accounting for 3.5% of the circulating supply. This reflects profit-taking during the recent price increase.

5. A candidate in Suriname plans to make Bitcoin legal tender after being elected, gradually phasing out the Surinamese dollar.