Strategy Bitcoin Holdings Turn to Unrealized Loss, South Korea Clarifies Virtual Asset Enforcement Process

Strategy's Bitcoin holdings have turned to an unrealized loss for the first time in nearly three months. The former chair of the House Financial Services Committee stated that the crypto industry missed the opportunity for clear regulation. Services like Galxe Quest will gradually shut down, with the team and brand integrating into Gravity. The meme trading platform XXYY announced the closure of its website. Trump claimed to know nothing about foreign investment in World Liberty Financial and questioned how to withdraw cash. South Korea's virtual asset enforcement process has been officially clarified, covering everything from seizure to cash conversion. Four crypto companies, including Binance and Tether, must begin submitting records for a Senate investigation by November 30. Europe's largest asset management company, Amundi, has increased its holdings in Strategy by 584,053 shares, valued at $72.3 million. Zcash developers proposed reducing the block interval to 20 seconds.