James Butterfill, research director at CoinShares, wrote on the X platform that net inflows into digital asset investment products last week were $103 million, of which about $87.6 million flowed into Bitcoin and about $7.9 million flowed into Ethereum.

On December 20th, Kasikornbank announced that it is developing a digital asset ecosystem to provide financing opportunities for businesses. As part of this strategy, the bank acquired licensed digital asset exchange Satang Corp. in October and also has a department focused on blockchain technology and virtual token custody services.

Minor outflows of US$16m, more profit-taking than a swing in sentiment

According to TechFlow news, Raiffeisen Schweiz, a Swiss bank, has joined the world's first fully regulated digital asset financial market infrastructure SDX (SIX Digital Exchange).Werner Leuthard, head of trading at Raiffeisen Switzerland, said: "By joining the SDX ecosystem, Raiffeisen Switzerland expands its footprint and experience in the field of digital assets, aiming to actively contribute to the development of the digital asset industry and product landscape."It is reported that Raiffeisen Group is known as Switzerland's most customer-centric retail bank, with over 2 million cooperative members and 3.66 million customers, making it the second largest participant in the Swiss banking market.SDX is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and is a leader in operating a securities exchange and central securities depository (CSD) using distributed ledger technology (DLT).

According to the latest "Digital Asset Fund Flow Weekly Report" released by CoinShares on December 18th, digital asset investment products recently experienced a small-scale capital outflow of a total of $16 million, ending the trend of continuous capital inflows for 11 weeks. However, trading activity is still far higher than the average level this year, with a total trading volume of $3.6 billion last week.

State Council: orderly promotes the pilot of digital RMB and explores the application scenarios of digital RMB in the field of trade.

Digital asset investment platform Fasset has obtained an operational license as a virtual asset service provider (VASP) in Dubai, which will allow it to provide services to institutions, qualified investors, and retail investors. According to relevant regulations, the company's acquisition of a full license in Dubai involves three stages: temporary license, provisional license, and operational license. Fasset FZE has completed the third stage and will be able to provide brokerage services, as well as work closely with the Dubai Virtual Assets Regulatory Authority (VARA) to provide tokenized bonds and stocks. (CoinDesk)

Portugal's investment bank (BPI) announced the launch of the D-verse digital collectibles market based on blockchain technology. BPI became the first Portuguese bank to specialize in NFT products for client investment. The D-verse platform has launched a digital art collection series planned by Web3 project Ephemeral Ethernal. The project was created by French artist Julien Raffin and founded by Portuguese artist Alexandre Farto. (Finextra)

On November 27th, HKD.com, a Hong Kong digital asset exchange, announced that The Audit Oversight Board in Malaysia is reviewing their application for a digital asset operating license and is expected to approve it within the next three months.

CoinDesk has announced the appointment of former Wall Street Journal editor-in-chief Matt Murray as the chairman of the editorial committee to ensure news independence. Murray said that last year was a difficult period for our industry. It reminded all of us that trust is an absolutely important component of the future of digital assets.