List of important developments on the evening of November 20

12:00-21:00 Keywords: Korea, MicroStrategy, Archax, Yao Qian
1. Canaan Technology's revenue in the third quarter increased by 120.9% year-on-year;
South Korea will implement a 20% cryptocurrency tax in 2025.
3. Survey: 94 of 106 analysts believe that the Federal Reserve will cut interest rates by 25 basis points in December;
4. MicroStrategy ranks among the top 100 publicly traded companies in the United States by market capitalization and is currently ranked 97th.
5. Archax will offer tokenized money market funds from State Street Securities, Fidelity International, and LGIM.
6. Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Supervision Commission, was expelled from the party and public office for allegedly using virtual currencies to conduct power and money transactions.