What's going on in the world?

- Cambodia has blocked access to 16 cryptocurrency exchange sites, including major platforms such as Binance, Coinbase and OKX.

- Norway to launch ethics investigation into wealth funds in cryptocurrency and other assets in 2025, potentially leading to divestment.

- The Securities and Exchange Commission (SEC) has named Jorge Tenreiro, the former acting head of its cryptocurrency watchdog, as its lead litigation counsel, hinting at a steady increase in cryptocurrency oversight amid political change.

- Sonic Labs has announced the upcoming public launch of its first-layer Sonic blockchain after the completion of the Genesis phase.

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