Overview of Key Overnight Developments on January 18
21:00-7:00 Keywords: DCG, Trump, Coinbase
1. DCG fined $38 million for Genesis lending fraud;
2. TikTok CEO: Will do everything possible to ensure the continued prosperity of the TikTok platform;
3. U.S. Senator Ted Cruz plans to overturn controversial IRS crypto tax rules;
4. California Assemblyman Phillip Chen to draft a bill supporting Bitcoin;
5. U.S. Congressional Budget Office: U.S. real GDP growth rate expected to be 1.9% in 2025;
6. U.S. Department of Justice: A certain crypto "godfather" colluded with an officer to attempt to steal $100 million in cryptocurrency.
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