Overview of Key Overnight Developments on December 4

21:00-7:00 Keywords: South Korea, Trump, Grayscale, Paul Atkins

1. Political strife intensifies in South Korea as President Yoon Suk-yeol announces "emergency martial law" late at night;

2. The Trump administration may allow more crypto companies to go public;

3. Grayscale applies to the SEC to convert Grayscale Solana Trust into a Solana ETF; 

4. The South Korean National Assembly passes a resolution to "lift martial law"; 

5. The South Korean President announces the lifting of the emergency martial law order; 

6. Sources: Trump's nominee for SEC Chairman, Paul Atkins, is unwilling to accept the position.