‍Polymarket Faces Backlash Over Venezuela "Invasion" Settlement Decentralized prediction platform Polymarket is under fire after classifying events in Venezuela as "untriggered" regarding an official "invasion," despite reports of U.S. military involvement and the detention of President Nicolás Maduro. The decision on January 7, 2026, has angered users who claim the platform is ignoring ground realities and arbitrarily redefining facts. The dispute centers on the definition of "invasion" within the prediction market contracts. Critics accuse Polymarket of centralized editorializing over decentralized data, questioning the transparency of its judgment criteria for complex geopolitical events. This controversy follows Polymarket's re-entry into the U.S. market and the appointment of Donald Trump Jr. to its board, raising concerns about potential political influence on settlement decisions.
‍GTreasury Acquires Solvexia to Enhance Financial Automation GTreasury, owned by Ripple, has acquired Solvexia, a no-code financial automation platform. This strategic move integrates advanced reconciliation and regulatory reporting into GTreasury's solutions, aiming to provide a unified environment for managing both fiat and digital asset transactions. The acquisition is expected to significantly improve operational efficiency, reducing task completion times and lowering error rates by up to 98%. This enhances multi-jurisdictional compliance and strengthens GTreasury's global financial infrastructure, bridging traditional banking and blockchain technology.
‍AppWorks Raises $165M for AI and Web3 Focus Taiwan-based AppWorks has announced the final close of its fourth flagship fund (Fund IV), securing $165 million. This brings the firm's total funding to $386 million. The fund will focus on early-stage startups in Web3, blockchain technology, and AI across Greater Southeast Asia. The round attracted institutional and corporate investors, including the Taiwan National Development Fund, Malaysia's Jelawang Capital, and Korea Venture Investment Corp (KVIC). AppWorks has supported over 2,000 founders and 653 active startups since 2009.
‍Coinbase Achieves S&P 500 Inclusion and $300 Billion Custody Milestone Coinbase has achieved a significant milestone by becoming the first crypto-native company listed on the S&P 500 index. This historic inclusion, coupled with a resolution of its legal dispute with the SEC and passage of digital asset legislation, marks a new era for the exchange. Further bolstered by a MiCA license for EU operations and the expansion of its Base ecosystem, Coinbase's total assets under custody have reached $300 billion. The company has also diversified its offerings, introducing crypto-backed loans and integrating DEX and equity trading into its platform.
‍MSCI Delays Digital Asset Treasury Company Index Review Until February 2026 MSCI has postponed its review of Digital Asset Treasury Companies (DATCOs) to February 2026. This decision affects firms holding over 50% of assets in cryptocurrencies, such as MicroStrategy. The delay stems from investor feedback highlighting that some DATCOs function more like investment funds than traditional operating companies. MSCI aims to develop a clearer framework to distinguish between these types of entities and prevent index volatility. The current 50% asset threshold remains in place.
‍Japan Implements OECD Crypto Rules: New Reporting Mandates for Exchanges Effective January 1, 2026, Japan has adopted the OECD's Crypto-Asset Reporting Framework (CARF). This initiative standardizes digital asset transaction information exchange to foster international fiscal cooperation. The National Tax Agency (NTA) will now collect user data from local platforms to combat tax evasion and enhance financial oversight. Japanese crypto service providers must collect detailed client identification. Exchanges like Coincheck are notifying users to confirm tax residency. New users must provide this data during onboarding, while existing users have until December 31, 2026, to comply. Collected data will be shared with the NTA and then with global tax authorities. This adoption aligns Japan with global trends toward regulatory clarity and transparency in the blockchain sector, ensuring digital assets meet similar reporting standards as traditional financial products.