Daily Market Wrap | Jan. 12

Hot Topics

• Swedish H100 Group signs preliminary agreement to acquire Adam Back-linked Swiss Bitcoin treasury firm Future Holdings.
• South Korea's FSC proposes 5% equity cap for corporate crypto investments.
• Dubai's DFSA bans privacy tokens/mixers and tightens stablecoin rules to fiat-backed reserves only, effective Jan 12, 2026.

Market Updates

• Tether freezes $182 million USDT across five Tron wallets in response to law enforcement investigation request.
• Vitalik Buterin identifies three unsolved challenges for decentralized stablecoins: better USD alternative, capture-resistant oracles, and staking yield competition.