Chinese key opinion leaders (KOLs) gained millions from the TRUMP memecoin launched just before Donald Trump’s inauguration. Twelve Mandarin-speaking traders each made over $1 million, with a notable trader, 0xSun, earning $27 million from the spike in the token’s price.
Coinbase’s CEO, Brian Armstrong, discussed possible expansion into the Philippines with finance officials at the Davos summit. This shift in strategy may indicate Coinbase’s renewed interest in Southeast Asia, as it previously seemed less focused on this market.
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