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08:45
Korean scholar: Restricting the shareholding ratio of major shareholders in cryptocurrency exchanges poses constitutional risks and runs counter to global trends
Foresight News reported, citing News1, that the academic community expressed concerns at the "Institutionalization Direction of Stablecoin Issuance and Trading Infrastructure" seminar held on January 16, regarding the South Korean financial authorities' consideration of limiting the shareholding ratio of major shareholders in virtual asset exchanges to 15% to 20%. Professor Moon Cheol-woo (phonetic) from the School of Business at Sungkyunkwan University pointed out that forcibly restricting the shareholding of major shareholders involves infringement of property rights and carries the risk of being unconstitutional. Professor Moon emphasized that, referring to the equity structure of certain exchanges, founders generally maintain a relatively high shareholding ratio, and the plan of the Korean Financial Services Commission does not align with the global trend of responsible management. Professor Kim Yoon-kyung (phonetic) from Incheon University also stated that this approach is too aggressive and may weaken the motivation for innovation. Experts suggested that the issues of fundraising and equity dispersion should be addressed by strengthening the qualification review of major shareholders and establishing an independent IPO foundation, rather than adopting a forced divestiture approach.
08:40
Musk's lawsuit against OpenAI and Microsoft is about to enter the trial stage.
Musk's lawsuit against OpenAI and Microsoft will enter the trial phase, and the court has rejected the two companies' previous requests to dismiss the case.
08:37
Ethereum ACDE meeting finalizes Glamsterdam upgrade details
On January 16, the 228th Ethereum Execution Layer Core Developer Meeting (ACDE) discussed topics related to the Glamsterdam upgrade, including the decision to delay EIP-7843 (slot opcode) within the scope of BALs Devnet-2, the rejection of seven proposed EIPs from being included in Glamsterdam, and the consideration of EIP-7954 (adjusting contract size from 24KB to 32KB). The meeting decided to continue advancing the details of the Glamsterdam upgrade, with the goal of finalizing the scope as soon as possible.
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