According to Foresight News, Elliptic's latest report, '2025 Global Crypto Regulatory Review,' highlights a significant shift in global crypto regulation from enforcement to innovation this year. The report suggests that banks, stablecoins, and Asian financial centers will lead the next phase of policy development. The United States is experiencing the most notable changes, with U.S. President Donald Trump prioritizing crypto as a core policy issue. This includes the promotion of the GENIUS Act, a federal stablecoin framework, and the Department of Justice halting its approach of prosecuting instead of regulating. Additionally, the Securities and Exchange Commission has established a special task force to boost confidence in American crypto innovation. The report indicates that stablecoins are evolving from centralized IOUs to native on-chain assets, serving as collateral, settlement, and yield tools, which impacts protocol design. Banks in the United States, European Union, and Hong Kong are preparing to enter stablecoin issuance and custody, marking a structural increase in institutional involvement. Globally, stablecoin regulations are being rapidly implemented, with steady progress observed in Hong Kong, the United Kingdom, South Korea, Singapore, and the United Arab Emirates.

AirAsia's operator has signed an agreement with Standard Chartered Bank Malaysia to explore issuing a ringgit-backed stablecoin in the Southeast Asian country. This comes days after a member of the Malaysian royal family announced a similar token. According to a statement released Friday, Capital A, founded by AirAsia founder Tony Fernandes, signed a letter of intent with Standard Chartered Bank Malaysia to jointly develop and test the stablecoin through the Digital Asset Innovation Centre regulated by Bank Negara Malaysia. The statement indicates that Standard Chartered Bank Malaysia will act as the issuer of the stablecoin, while Capital A may initially pilot wholesale use cases in real-world scenarios. This marks Capital A's first foray into the regulated digital asset space. (Bloomberg)

Binance has widened access to the Trump family–linked USD1 stablecoin, adding new fee-free trading pairs as the token gains a larger foothold on the exchange. source: https://cryptonews.com/news/binance-adds-new-trading-pairs-for-trump-familys-usd1-stablecoin/

Bitcoin’s biggest non-exchange holders have sold $3. 37B in BTC this month, signaling distribution as liquidity thins and resistance at $94K holds. source: https://cryptonews.com/news/bitcoin-whales-unload-3-4b-in-december/

According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $77.3419 million yesterday (December 11th, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow was BlackRock ETF IBIT, with a net inflow of $76.7054 million. IBIT's historical total net inflow has reached $62.68 billion. This was followed by Bitwise ETF BITB, with a net inflow of $8.4408 million, and BITB's historical total net inflow has reached $2.289 billion. The Bitcoin spot ETF with the largest single-day net outflow was Fidelity ETF FBTC, with a net outflow of $104 million. FBTC's historical total net inflow has reached $12.177 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $119.925 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.55%, and a cumulative net inflow of $57.855 billion.

According to SoSoValue data, yesterday (December 11th, Eastern Time), Ethereum spot ETFs saw a total net outflow of $42.3734 million. The Ethereum spot ETF with the largest single-day net inflow was the 21Shares ETF TETH, with a net inflow of $2.0845 million. TETH's historical total net inflow has reached $23.2565 million. The Ethereum spot ETF with the largest single-day net outflow was the Grayscale Ethereum Trust ETF ETHE, with a net outflow of $31.2175 million. ETHE's historical total net outflow has reached $5.005 billion. As of press time, the total net asset value of Ethereum spot ETFs is $20.309 billion, with an ETF net asset value ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.22%. The historical cumulative net inflow has reached $13.108 billion.

After failing to hold above $91,800 following the FOMC meeting, the asset has entered a period of heightened uncertainty, yet […] The post Bitcoin Battles for Stability as Analysts Flag Key Resistance appeared first on Coindoo. source: https://coindoo.com/bitcoin-battles-for-stability-as-analysts-flag-key-resistance/

The implementation of CARF is expected to further enhance the tax transparency of Hong Kong's cryptocurrency market, impacting trading platforms, custodians, individual investors, and traditional financial intermediaries.

President Donald Trump signed a federal executive order on Thursday at the White House that blocks U. S. states from enforcing their own artificial intelligence laws, using lawsuits and funding pressure to keep AI regulation under federal control. Trump said during the Oval Office signing event that companies cannot be expected to seek approval from dozens […] source: https://www.cryptopolitan.com/trump-limits-states-ability-to-regulate-ai/

Hong Kong proposes CARF-based crypto tax reporting by 2028, extending CRS transparency to digital assets while balancing innovation and compliance amid mainland restrictions. source: https://catenaa.com/markets/cryptocurrencies/hong-kong-proposes-crypto-tax-data-sharing-under-carf-by-2028/

Yi Lihua, in an article published on X, cited a recent report from Trend Research, expressing a continued bullish outlook on Ethereum. First, Wall Street consensus is strengthening: the SEC Chairman's latest statement on "finance migrating on-chain" indicates that US political and economic elites are jointly promoting the tokenization of US Treasury bonds, with Ethereum as the core platform. Second, the Fusaka upgrade is reshaping value: Blob fees have surged, burning over 1500 ETH in a single day, accounting for 98% of the total. L2 prosperity is strongly benefiting the mainnet, and deflation is imminent. Third, the technical picture is extremely clean: speculative leverage has fallen to a historical low of 4%, and exchange holdings are only 10%. ETH/BTC is consolidating and showing resilience, short sellers are exhausted, and a short squeeze is imminent. In the interest rate cut cycle, funds are rotating from BTC to ETH, which has practical value. The original report can be viewed at "Trend Research: The 'Blockchain Revolution' is Underway, Continued Bullish Outlook for Ethereum".

The U.S. Depository Trust and Clearing Corporation (DTCC) received a "no action" letter from the SEC, authorizing it to launch a new service for tokenizing custodial assets such as stocks and bonds to accelerate the adoption of digital assets.

Farcaster, a star project that raised $180 million and was valued at nearly $1 billion, announced a strategic shift. What lessons can we learn from this?

Why is it that the same strategy is a legend when it works for Strategy, but a joke when others try it? In an era where AI narratives are crushing everything like freight trains, is Bitcoin still the best safe haven for assets?

The Federal Reserve's shift to easing will spill over globally. Emerging markets will benefit from a weaker dollar, but the European Central Bank and the Bank of Japan may follow suit with interest rate cuts. Crypto assets may become beneficiaries of liquidity.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse 8 AM," issue 2906, providing you with the latest and fastest news on the digital currency and blockchain industry.

机器人 AI 可以像人类一样有自己的账户进行货币支付。AI Agent 支付的底层 Infra，x402 协议究竟是什么？为什么 Google、Visa 都在积极布局 x402 赛道？

17 Observations on Crypto Trends in 2026 by Several Partners of the a16z Crypto Team

Market predictions about when a “cryptography-related quantum computer (CRQC)” will be born are often too radical and exaggerated—leading to calls for an immediate and comprehensive migration to post-quantum cryptography.

Surf is an AI-powered investment research assistant for the cryptocurrency field. It recently completed a $15 million funding round led by Pantera, with participation from Coinbase Ventures and others.