Yao Qian, a prominent figure in the crypto industry, is under investigation for allegedly accepting a bribe of 2000 ETH to facilitate token listings. Authorities reportedly discovered a hardware wallet in his office drawer, which may be linked to the case. In other developments, South Korea has lifted its ban on corporate cryptocurrency investments, potentially opening new avenues for institutional participation in the crypto market. Meanwhile, the U.S. reported an unadjusted CPI annual rate of 2.7% for December, and Powell has responded to a subpoena from the Department of Justice.