aca

According to Binance spot market data, the market has experienced significant fluctuations. ACA has dropped by 14.01% in the last 24 hours, while NKN and JUP have also shown a "high-to-low" state, with declines of 9.68% and 8.22% respectively.At the same time, ACT has increased by 8% in the last 24 hours and has shown a "bottoming rebound" state, while ICP has reached its 24H highest price with an increase of 6.45%. Other tokens such as KMNO and INIT have also hit new lows today, with declines of 5.8% and 12.39% respectively.

According to the official announcement, Binance has decided to stop trading and delist the following tokens on February 13, 2026, at 03:00 (UTC): AcalaToken (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), NKN (NKN).The related spot trading pairs will be removed, and services such as trading bots and copy trading will also be stopped simultaneously. Withdrawal services will be supported until April 13, 2026, at 03:00 (UTC).

According to Binance spot data, the market has experienced significant fluctuations. DUSK has dropped by 18.31% in the last 24 hours, while ACA and FRAX have also hit new lows today, with declines of 5.8% and 21.27%, respectively.On the other hand, KITE has reached a new high for the week, with an increase of 23.86%. Additionally, ACX has also seen a new low for the week, with a decline of 14.81%.

In response to the South Korean financial authorities' discussion on limiting the shareholding ratio of major shareholders in virtual asset exchanges to the range of 15% to 20%, several scholars expressed cautious attitudes at the seminar on "The Direction of Institutionalization of Stablecoin Issuance and Trading Infrastructure" held on January 16. Professor Moon Cheol-woo from Sungkyunkwan University's Business School pointed out that forcibly compressing the shareholding ratio of major shareholders may touch upon property rights protection issues, posing a risk of unconstitutionality.He also mentioned that comparing the equity structures of Binance and Coinbase, it is not uncommon globally for founders to maintain a high shareholding ratio, and such restrictive measures may contradict the international trend of emphasizing responsible management.Additionally, Professor Kim Yoon-kyung from Incheon University believes that directly intervening in the equity structure through ratio limits is too radical and may weaken the industry's innovation and development momentum. Several experts at the meeting suggested that regulatory authorities could guide equity dispersion and compliant development by strengthening the qualification review of major shareholders and improving IPO-related systems, rather than adopting mandatory divestiture arrangements.

According to Fortune, financial technology infrastructure provider Alpaca announced the completion of a $150 million Series D funding round, with a valuation of $1.15 billion. This round was led by Drive Capital, with participation from Citadel Securities, cryptocurrency exchange Kraken, and the venture capital arm of BNP Paribas. As part of the funding, Alpaca also secured a $40 million credit facility.The software created by Alpaca enables companies to more easily offer trading services for stocks, ETFs, cryptocurrencies, and other financial instruments. Co-founder and CEO Yoshi Yokokawa stated that as the lines between traditional finance and the crypto space blur, platforms are integrating services, and Alpaca's annual recurring revenue has exceeded $100 million.

The Vice President of the Beijing Academy of Social Sciences and Executive Director of the China Finance Society, Fan Wenzhong, wrote an article in the Hong Kong Wen Wei Po titled "Steadily Promoting the Coordinated Innovation of Digital Renminbi and Hong Kong Stablecoins," in which he pointed out: Currently, the cross-border use of digital renminbi mainly relies on the internal regulations and pilot policies of the People's Bank of China, lacking clear legal authorization. It is suggested to add provisions in the revision of the "People's Bank of China Law" to clarify the cross-border payment functions of digital renminbi and the legality of its interconnection with compliant overseas digital currency systems, while striving to clarify the "special regulatory requirements and preferential policies for stablecoin issuing institutions that exchange with the mainland central bank's digital currency" in the implementation rules of Hong Kong's "Stablecoin Ordinance," forming a synergistic institutional force.

According to Binance spot market data, there has been significant volatility in the market. ACA has dropped by 13.64% in the last 24 hours, while POLYX has risen by 5.88%, reaching a new high for today.At the same time, GLM also reached a new high for today, with an increase of 5.3%. Among other tokens, JASMY hit a new low for today, with a decrease of 5.47%; both API3 and SKY reached new lows for the week, with declines of 5.2% and 10.3%, respectively; 0G also hit a new low for the week, with a drop of 11.82%; ZEN also saw a new low for today, with a decrease of 8.85%.

According to the Hong Kong Wen Wei Po, Fan Wenzhong, Vice President of the Chinese Academy of Social Sciences in Beijing and Executive Director of the China Finance Society, wrote an article titled "Steadily Promoting the Coordinated Innovation of Digital Renminbi and Hong Kong Stablecoins," in which he pointed out: Central Bank Digital Currencies (CBDCs), represented by the digital renminbi (e-CNY), and new payment tools represented by compliant stablecoins from Hong Kong are reshaping the new paradigm of cross-border payments through different paths.Through the coordination of digital renminbi and Hong Kong stablecoins, the cross-border coverage of digital renminbi can be rapidly expanded, enhancing the stickiness of the renminbi in real trade and promoting the internationalization of the renminbi; strengthening Hong Kong's status as an international financial center and creating the world's first "CBDC + compliant stablecoin" integration hub. The cross-border payment solution for the dual currency does not pursue complete unification of the underlying ledgers of digital renminbi and stablecoins, but instead achieves secure exchange and circulation of both at the value level by establishing regulated and standardized interaction interfaces.

According to the official announcement, Binance will add observation labels for more tokens on January 2, 2026. Tokens with observation labels may have higher volatility and risk compared to other listed tokens. We will closely monitor and continuously review them. Please be aware that trading these tokens with observation labels carries risks, as these tokens no longer meet the standards they had when listed on our platform and may be delisted. The tokens added to the observation label list are as follows:Acala Token (ACA)DAR Open Network (D)Streamr (DATA)Flow (FLOW)

According to Binance spot market data, multiple tokens have shown a surge and subsequent decline. ACA has dropped 18.55% in the last 24 hours, POLYX has decreased by 11.06%, while USTC and ID have fallen by 10.17% and 11.5%, respectively.Among other tokens, ALICE, ARDR, HIVE, and UTK have also experienced a surge and decline, with decreases of 9.97%, 5.49%, 8.41%, and 5.66%, respectively.In addition, CYBER has a 24-hour drop of 16.83%.

According to Macao Radio, a local woman in Macao was induced by netizens to invest in virtual currency. Starting from mid-September, she transferred money to a designated account in 8 installments. The platform had previously shown "paper profits of 7.9 million yuan," but when she attempted to withdraw, she was asked to pay a "currency exchange difference" of 250,000 yuan first. After that, she lost contact with the platform and ultimately confirmed that she had been scammed out of 1.18 million yuan.

The WeChat official account of the Supreme People's Court published an article in its managed academic journal "Digital Rule of Law" titled "Commercial Law Reform Facing Digital Transactions, Electronic Currency, and Virtual Property," which points out: The amendments to the Uniform Commercial Code, jointly revised by the American Law Institute and the Uniform Law Commission, were officially passed in 2022 and subsequently widely adopted by state legislatures in the United States. These amendments incorporate a variety of transaction methods, including electronic forms, clarify the relationship between tangible currency, central bank digital currency, and other virtual currencies, create a new type of property called "controllable electronic records," and specify the control and circulation rules for such property.China's civil and commercial regulations should also be oriented towards the development of digital transactions, electronic currency, and virtual property, aiming for practical-oriented legal improvements to stimulate economic and technological development and gain an advantage in international institutional competition.