News

Russian Parliamentary Chief: Cryptocurrencies Will Never Be Legal Tender

The head of a key Russian parliamentary committee said on Dec. 16, 2025 that Russia will not accept cryptocurrencies as legal tender, reaffirming a strict stance against private digital money. The comment signals continued resistance to giving crypto the same status as the ruble.

Taiwan Considers Bank-Issued Stablecoin to Cut Cross-Border Trade Costs

Taiwan plans to integrate stablecoins into its financial system and limit initial issuance to licensed banks to lower cross-border settlement costs and boost regulatory oversight. Authorities see bank-issued stablecoins as a way to streamline trade payments while containing risk.

Published at 2025-12-16 11:16:06
Solana Confirms Week-Long DDoS Attack Peaked at 6 Tbps

Solana confirmed a week-long distributed denial-of-service attack that at its peak delivered roughly 6 Tbps of traffic, while Sui suffered a smaller assault that degraded network performance. Both incidents highlight continued infrastructure pressure on high-throughput blockchains.

Published at 2025-12-16 10:30:44
Bitcoin Falls 5% After $2B Institutional Sell-Off Triggers Liquidations

Bitcoin dropped roughly 5% after about $2 billion in institutional sell orders hit the market, sparking widespread liquidations and sharp intraday volatility. Derivatives desks saw elevated long liquidations and spiking funding rates.

SEC Cut Crypto Enforcement Nearly 60% Under Trump, Easing Pressure on Firms

New data shows the SEC reduced crypto enforcement actions by nearly 60% during the Trump administration, easing scrutiny on firms like Ripple and Binance. The agency maintains the shift was not politically motivated.

Published at 2025-12-16 09:16:38
SHIB Scores Institutional Boost as Coinbase Launches U.S.-Regulated Derivatives

Coinbase has gone live with a U.S.-regulated derivatives product linked to a SHIB index fund, a rare institutional-level integration for a meme token. The move gives traders regulated exposure to Shiba Inu through a sophisticated derivatives vehicle.

Published at 2025-12-16 09:15:57
Mastercard and ADI Foundation Bring Stablecoin Settlements to UAE

Mastercard is expanding its stablecoin-based settlement capability to the UAE through a partnership with Abu Dhabi–based ADI Foundation, covering both domestic and cross-border payments. The move could accelerate settlement times and support the UAE's broader digital finance ambitions.

CME Group Unveils Real-Time HBAR Pricing Index

CME Group will launch real-time and reference pricing indices for Hedera’s HBAR on December 29, expanding regulated crypto market data coverage. The indexes aim to improve price discovery and support greater institutional access to HBAR markets.

Published at 2025-12-16 08:30:59
Nexo Secures Multi-Year Australian Open Sponsorship Deal

Nexo has signed a multi-year sponsorship agreement with the Australian Open as cryptocurrency brands re-emerge in global sports. The move boosts Nexo's mainstream visibility amid a wider return of crypto sponsorships to major events.

Published at 2025-12-16 08:15:24
FSOC Drops Crypto From Financial Vulnerabilities List in 2025 Report

The Financial Stability Oversight Council removed digital assets from its list of financial stability vulnerabilities in its 2025 annual report, signaling a lower systemic risk assessment for crypto.

JPMorgan Launches Tokenized Money Market Fund on Ethereum

JPMorgan Asset Management has launched its first tokenized money market fund on Ethereum, offering qualified investors on-chain access to U.S. dollar yields backed by U.S. Treasuries. The move highlights growing institutional confidence in public blockchain infrastructure.

India Raids Suspected $275M Crypto MLM in Expanding Money‑Laundering Probe

India's financial crime agency raided operations tied to a suspected $275 million crypto MLM accused of siphoning billions of rupees from investors across northern states. Authorities say the action is part of a widening money‑laundering probe that could lead to arrests and asset freezes.

Published at 2025-12-16 02:45:10