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.

PayPal has submitted an application to become a U.S.-chartered bank under the name “PayPal Bank.” The move places the payments giant alongside crypto companies pursuing bank charters to deepen their regulated financial services.

SBI and Startale announced a regulated digital yen stablecoin on Dec. 15, 2025, aimed at connecting Japan to on‑chain finance and cross‑border tokenized asset flows under the FSA’s new framework. The initiative targets compliant global payments and institutional use cases.

Negotiations between Senate Republicans and Democrats have pushed the cryptocurrency bill's vote into 2026 after weeks of debate over which rules to include. The delay extends regulatory uncertainty for crypto firms and investors.

The NYSE has tightened controls on major IPOs while creating clearer, regulated listing routes for crypto companies and digital-asset products, signaling a shift of digital assets into mainstream capital markets.