
U.S. CFTC's Pham Moves for Do-Over on 'Actual Delivery' Guidance on Crypto
Acting CFTC Chairman Caroline Pham announced the withdrawal of the 2020 guidance defining “actual delivery” of crypto commodities. The agency said the rule was outdated and impeded innovation, prompting a reevaluation in light of five years of market evolution. The move mirrors President Trump’s digital‑asset agenda and comes as Pham’s tenure ends, with nominee Mike Selig likely to be confirmed soon. Industry observers expect new guidance to clarify spot‑market transactions.

Coinbase Expands Reach of Stablecoin-Based AI Agent Payments Tool
Coinbase has launched x402 V2, the second version of its stablecoin‑based payments protocol designed for AI agents. The upgrade introduces a modular SDK, wallet‑based identity, automatic API discovery, dynamic recipients, and support for multiple blockchains and fiat via CAIP standards....

U.S. Senate Rolls Toward Last Vote on Confirming Crypto Regulators at CFTC, FDIC
The U.S. Senate is set to vote early next week on two pivotal crypto‑regulatory appointments after a 52‑47 procedural win. Mike Selig, a senior SEC official, is nominated to chair the CFTC, while Travis Hill, a veteran banking regulator, is...

JPMorgan Pushes Deeper Into Tokenization With Galaxy's Debt Issuance on Solana
JPMorgan acted as arranger for Galaxy’s on‑chain commercial paper issuance on the Solana blockchain, settling the debt in USDC stablecoin. The tokenized debt attracted institutional investors Coinbase and Franklin Templeton, highlighting growing confidence in blockchain‑based financing. The deal builds on...

Binance Overhauls Stablecoin Trading with Trump-Linked USD1
Binance is replacing its BUSD collateral with the Trump‑linked stablecoin USD1 and launching new BNB/USD1, ETH/USD1 and SOL/USD1 trading pairs. The exchange will also enable zero‑fee swaps between USD1, USDC and USDT, and convert all BUSD reserves to USD1 within...

Crypto Investment Firm Blockstream to Acquire TradFi Hedge Fund Corbiere Capital
Blockstream Capital Partners announced the acquisition of Corbiere Capital Management, a Jersey‑based equities hedge fund founded in 2023. The deal adds equity and event‑driven strategies to Blockstream’s existing bitcoin‑linked products, creating a multi‑strategy platform aimed at institutional investors. Rodrigo Rodriguez,...

Robinhood Stock Slides 8% After Big Decline in November Trading Volumes
Robinhood’s shares slipped 8% after the broker reported a sharp decline in November trading activity across equities, options and crypto. Platform assets fell 5% month‑over‑month to $325 billion. Crypto trading volume dropped 12% from October and was 19% below a year‑ago...

ICP Extends Decline as Breakdown Below $3.40 Reinforces Bearish Structure
Internet Computer (ICP) dropped 4.28% in the last 24 hours, sliding from $3.52 to $3.3735. A brief rally to $3.60 generated a volume spike, establishing that level as a key resistance zone. The token then formed lower highs and lows,...

Save the Children Introduces Bitcoin Fund to Streamline Crisis Response
Save the Children has launched a Bitcoin Fund, developed with digital‑asset firm Fortris, that lets the charity hold bitcoin donations for up to four years. The fund gives donors the option to decide when to convert their crypto, aiming to...

Cross-Chain Liquidity Protocol LI.FI Raises $29M in Series A Extension
Berlin‑based cross‑chain liquidity protocol LI.FI announced a $29 million Series A extension, bringing total capital to $51.7 million. The platform now powers swaps and cross‑chain transfers for more than 1,000 B2B partners, including Robinhood, Binance, Kraken, MetaMask and Alipay. LI.FI’s open‑source infrastructure aggregates...

Hong Kong's OSL Group to Offer U.S.-Regulated Stablecoin with Anchorage Digital
Hong Kong‑based OSL Group is launching the USDGO stablecoin, a U.S. dollar‑pegged token issued under federal oversight through Anchorage Digital. The token is fully collateralized 1:1 with liquid U.S. assets, including Treasury securities, and embeds KYC and AML controls. USDGO...

Most Influential: The Social Media Traders
In 2025 crypto‑focused traders on X (formerly Twitter) turned their personal profit‑and‑loss dashboards into real‑time spectacles, moving billions of dollars through meme tokens and perpetual‑swap DEXs. Pseudonymous figures such as James Wynn amplified a $7,000 PEPE bet into a $25 million...

Most Influential: Sirgoo Lee
Sirgoo Lee announced his resignation as CEO of Upbit in 2025, ending a tenure that saw the exchange capture more than 80% of South Korea’s on‑shore crypto volume. Under his leadership, Upbit instituted robust risk controls, recovering over 94% of...

Most Influential: Cathie Wood
Cathie Wood, CEO of Ark Invest, remains fiercely bullish on crypto, forecasting Bitcoin at $1.2 million by 2030 after trimming a previous $1.5 million target. She cited rapid stablecoin expansion as a factor that could siphon transactional demand from Bitcoin. Ark’s spot...

Most Influential: Arthur Hayes
Arthur Hayes, co‑founder of BitMEX and now CIO of Maelstrom, has shifted from exchange building to macro‑driven investing. He leverages a high‑visibility social media presence to share market theses, blending geopolitical analysis with short‑term calls. Hayes was an early advocate...

Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains
Coinbase has appointed Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) as the exclusive bridge for all its Coinbase Wrapped Assets, covering tokens like cbBTC, cbETH, cbDOGE, cbLTC, cbADA and cbXRP. The wrapped assets represent roughly $7 billion in market value, enabling users to...

Most Influential: Shayne Coplan
After a year of federal investigations, Polymarket founder Shayne Coplan cleared all regulatory hurdles and revived his prediction‑market platform. The company is now valued at $9 billion, bolstered by a $2 billion investment from Intercontinental Exchange and partnerships with the UFC, NHL...

Crypto Trading Volumes Deteriorated Across Board Last Month as Market Slumped: JPMorgan
JPMorgan reported that crypto trading volumes slumped across the board in November 2025, with spot activity down roughly 20% and stablecoin turnover falling 26% month‑on‑month. Derivatives and NFT markets also weakened, while U.S. crypto ETFs experienced heavy outflows – $3.4 billion...

Nexo Agrees to Buy Argentina’s Buenbit to Expand Crypto Services Across Latin America
Nexo, the Swiss‑based crypto lender, announced an agreement to acquire Argentina’s crypto platform Buenbit. The purchase gives Nexo immediate access to Buenbit’s user base in Argentina and Peru and allows it to operate under local regulatory rules. By integrating Buenbit’s...

DYdX Launches Solana Spot Trading, Opens Access to U.S. Users
dYdX announced the launch of its first spot trading product on the Solana blockchain, extending access to U.S. traders for the first time. The move diversifies the exchange beyond its derivatives‑centric legacy and leverages Solana’s low‑cost, high‑speed infrastructure. dYdX highlighted...

Klarna Partners With Privy to Explore Crypto Wallet Use Within Its Ecosystem
Swedish fintech leader Klarna announced a partnership with Privy, a Stripe‑backed wallet infrastructure provider, to develop crypto wallet features for its user base. The collaboration builds on Klarna’s recent launch of KlarnaUSD, a dollar‑pegged stablecoin, and aims to embed crypto...

Mexico’s Central Bank Keeps a ‘Healthy Distance’ From Crypto
Mexico's central bank, Banxico, reaffirmed its cautious stance on digital assets in its year‑end report, pledging to keep a “healthy distance” between virtual assets and the traditional financial system. The bank highlighted legal‑tender status, extreme price volatility, cybersecurity, money‑laundering and...

Fifth XRP Spot ETF on the Way After CBOE Approval of 21Shares Application
Cboe BZX has formally certified 21Shares’ XRP spot ETF, ticker TOXR, moving the product one step closer to market launch. The fund becomes the fifth spot‑based XRP ETF to receive exchange approval and will track the CME CF XRP‑Dollar Reference...

Sky's Keel Starts $500M Investment Campaign to Boost RWAs on Solana
Sky's Keel has launched a $500 million "Tokenization Regatta" to attract real‑world asset (RWA) projects to the Solana blockchain. The program offers direct capital and technical support to issuers of tokenized debt, credit, and funds, and has already drawn interest from...

Marketnode, Lion Global Bring Singapore-Vaulted Gold Fund Onchain on Solana
Marketnode and Lion Global Investors have launched the Singapore Physical Gold Fund on the Solana blockchain, tokenizing gold bars that are fully vaulted and insured in Singapore. The on‑chain offering lets investors subscribe, trade, and redeem units through Marketnode’s platform...

Revolut and Trust Wallet Launch Instant Crypto Buys in EU With Self-Custody Focus
Fintech leader Revolut and Binance‑owned Trust Wallet have launched an EU‑wide integration that lets users buy crypto instantly with Revolut Pay, cards or bank transfers and have the assets deposited directly into their self‑custodial Trust Wallet. The service supports Bitcoin, Ether,...

BTC, Nasdaq Futures Drop as Oracle Earnings Revive AI Bubble Fears
Oracle reported a fiscal Q2 FY26 revenue miss, with cloud‑infrastructure sales at $4.1 billion below expectations and legacy software declining. The company’s long‑term debt jumped 25% to $99.6 billion, and analysts project net debt could reach $290 billion by 2028. The earnings disappointment...

Crypto Drop Wipes Out $370M in Bullish Bets as BTC, ETH Give Back Gains
Crypto markets experienced a massive leverage unwind on Dec 11, 2025, with over $514 million in positions liquidated in a single day. Long bets bore the brunt, accounting for $376 million versus $138 million in short liquidations, highlighting a heavily bullish bias before the...

U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
Senate Democrats have issued a counter‑offer on the crypto market‑structure bill, accepting much of the Republican framework but insisting on stronger disclosure, secondary‑market safeguards, and ethics rules aimed at officials with crypto ties. The proposal also seeks tighter limits on...

Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan
Bitcoin held steady above $91,000 after the Federal Reserve’s 25‑basis‑point rate cut, trading in a narrow $91k‑$92k range as Asian markets opened. CryptoQuant data shows a sharp drop in exchange inflows and whales pulling back deposits, reducing immediate sell pressure....

Bhutan Debuts TER Gold-Backed Token on Solana
Bhutan launched TER, a gold‑backed token on the Solana blockchain, issued through the special‑purpose Gelephu Mindfulness City. The token is fully collateralized by physical gold and managed by DK Bank, the country’s first licensed digital bank, which handles issuance, distribution,...

State Street and Galaxy to Launch Tokenized Liquidity Fund on Solana in 2026
State Street and Galaxy Asset Management will debut the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) on Solana in early 2026, accepting subscriptions and redemptions in PayPal‑issued PYUSD stablecoin. The fund, seeded with roughly $200 million from Ondo Finance, is...

Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
The U.S. Commodity Futures Trading Commission announced the formation of a CEO Innovation Council to guide derivatives market‑structure reforms, focusing on tokenization, crypto assets and 24/7 trading. The inaugural roster includes crypto‑industry leaders Tyler Winklevoss (Gemini), Arjun Sethi (Kraken) and...

Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
Stripe has acqui‑hired the team behind Valora, a Celo‑based crypto payments app, while the startup’s intellectual property reverts to cLabs. The hire adds wallet infrastructure and on‑chain developer expertise to Stripe’s expanding crypto suite, which already includes the Bridge and...

U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
The Office of the Comptroller of the Currency (OCC) issued a report warning that banks could face penalties for unlawful "debanking" of controversial sectors, including digital‑asset firms, after President Trump’s executive order demanded fair banking access. The review of nine...

A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Andreessen Horowitz’s crypto venture arm a16z crypto announced the opening of its first Asian office in Seoul, appointing Sungmo Park to head regional operations. The move targets South Korea’s position as the world’s second‑largest crypto market, with high ownership rates...

Paxful Pleads Guilty to Aiding Crime, Ignoring AML Laws
Paxful, a Bitcoin peer‑to‑peer marketplace, pleaded guilty to three criminal counts, including Travel Act violations for facilitating illegal prostitution and operating an unlicensed money‑transmitting business. The Department of Justice highlighted that from 2015 to 2019 the platform processed nearly $3 billion...

The Protocol: Stripe’s Tempo Testnet Goes Live
Stripe‑backed Tempo testnet went live, letting developers and corporate partners experiment with on‑chain stablecoin payments. The network adds heavyweights such as Klarna, Mastercard, UBS, Visa and Shopify to an existing roster that already includes Deutsche Bank and OpenAI. Tempo is...

Stellar Edges Higher to $0.251 Despite Altcoin Market Apathy
Stellar (XLM) nudged higher to $0.251, gaining 0.85% over 24 hours despite a generally quiet alt‑coin market. Trading volume surged 19% above the weekly average, indicating renewed accumulation around the critical $0.25 support zone. The token underperformed the broader digital‑asset...

Hedera Rises 1.8% to $0.1372 as Government Adoption Momentum Builds
Hedera (HBAR) rose 1.8% to $0.1372, trading within a tight $0.0067 range that reflects low volatility and institutional accumulation. The price action coincides with heightened discussion of Hedera’s government partnerships, notably Georgia’s Ministry of Justice plan to move its national...

Surf Raises $15M to Build AI Model Tailored to Crypto Research
Surf, a San Francisco‑based AI platform for digital‑asset research, secured $15 million in a round led by Pantera Capital with participation from Coinbase Ventures and Digital Currency Group. The capital will fund Surf 2.0, a crypto‑specific large language model, and expand its...

ICP Extends Decline as Range Support Breaks, Testing New Lows Near $3.48
Internet Computer (ICP) token slid 5% in the past 24 hours, closing at $3.4945 after briefly touching $3.7605. The move broke key short‑term support levels around $3.45‑$3.50, pushing the price toward new lows near $3.48. Trading volume spiked to 2.6 million...

GameStop Posted $9.4M Loss on Bitcoin Holdings in Q3
GameStop disclosed a $9.2 million loss on its Bitcoin portfolio, leaving the digital‑asset stash valued at $519.4 million at the close of Q3. The retailer still holds 4,710 BTC purchased in May‑June using proceeds from a $1.3 billion debt offering, and has made no...

Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal
Strategy, led by Michael Saylor, sent a formal letter to MSCI protesting its proposal to exclude companies whose digital‑asset holdings exceed 50% of total assets from global indexes. The firm argues that its Bitcoin‑backed credit instruments and software operations make...

SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO
SpaceX is preparing a mid‑to‑late‑2026 IPO that could value the company at roughly $1.5 trillion and raise more than $30 billion. The launch‑leader’s balance sheet now includes about 3,991 BTC, worth roughly $369 million, held in Coinbase Prime custody. In addition, SpaceX has used...

Most Influential: Pump.fun
Pump.fun, launched in early 2024, lets users mint Solana tokens for under two cents with no code. By mid‑2025 it powered more than 80% of new Solana tokens, driving over $150 billion in DEX volume and $138 million in monthly revenue at...

Most Influential: Rushi Manche
Movement Labs co‑founder Rushi Manche was ousted after a token‑dump scandal that shook the DeFi sector. Internal documents showed a contract with the obscure firm Rentech, granting it control of roughly 66 million MOVE tokens—about 5 % of the total supply. The...

Most Influential: The Lazarus Group
The Lazarus Group, a North Korean state‑sanctioned hacking collective, has stolen over $2 billion in cryptocurrency by mid‑2025, surpassing previous records. In 2025 alone it executed the $1.5 billion Bybit breach and a $36 million Upbit hack, exploiting developer machines and multisignature interfaces....

Most Influential: Hayden Davis
Hayden Davis, a self‑styled crypto provocateur, became the face of the 2025 memecoin collapse by openly flaunting manipulation tactics and spearheading the ill‑fated Libra token. His public interviews and on‑chain activity revealed how insiders extract liquidity from naïve retail traders...

Ether Digital Asset Treasury Companies Outpace Peers as Crypto Tailwinds Build: B. Riley
B. Riley reports that ether‑focused digital‑asset treasury companies (DATCOs) have outperformed peers since November 20, as crypto markets rose roughly 10% and risk appetite improved. Median mNAV for the 25 tracked DATCOs climbed to about 1.0× from 0.9×, reflecting higher enterprise values...