Gemini Space Station, Inc. (GEMI) has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a **Designated Contract Market (DCM)**, officially entering the prediction market arena. Gemini announced that its new platform, Gemini Titan, will initially launch classic binary event contracts, allowing users to "bet on or against future events." Gemini stated that Titan is expected to further expand to other CFTC-regulated derivatives markets, including crypto futures, options, and perpetual contracts. Public information shows that Gemini initially submitted its DCM license application on March 10, 2020, but did not disclose details of its plans to build a prediction market at that time. The DCM is a regulatory framework for regular derivatives trading markets under the CFTC, applicable to the vast majority of regulated trading platforms. The prediction market sector is currently experiencing rapid growth. Kalshi and Polymarket saw rapid expansion during last year's U.S. election cycle and accelerated further after Trump's inauguration. According to data from The Block, both recorded their best trading volumes in October and November of this year, and are expected to continue their strong performance in December. (The Block)

After years of research, the Central Bank of Norway (Norway) announced that there is currently no need to issue a central bank digital currency (CBDC), citing Norway's already "efficient and secure" payment system and robust contingency mechanisms. Although Norway has one of the lowest cash usage rates globally, making digital currency discussions highly relevant, the central bank believes its current system can still meet demand. Norway Governor Ida Wolden Bache stated, "If the need arises in the future to maintain the efficiency and security of the payment system, we are ready to launch a CBDC." She also emphasized that the central bank will continue to cooperate with the financial industry and other central banks, monitoring the global development of CBDCs and digital currencies. In the Nordic region, political attitudes towards digital currencies have been relatively cautious. While Sweden initially wavered, the Swedish central bank has called for a restart of discussions on e-krona; the European Central Bank plans to launch a digital euro pilot as early as 2027, with a possible official issuance in 2029. The Norway central bank plans to release its CBDC research summary and future plans in the first quarter of next year, stating that it will not rule out the possibility of issuing a CBDC in the future, while continuing to study tokenization and various forms of digital currency. (bloomberg)

美联储,降息,鲍威尔,货币政策,2025年12月美联储议息会议实录：RMP来了 金色财经,美联储RMP来了。

Payments giant Stripe is further expanding its crypto footprint by acquiring crypto wallet startup Valora (team integration, not technology asset acquisition) to strengthen its strategic position in global financial system accessibility. Valora founder Jackie Bona stated that the team will join Stripe to continue its mission of "making modern financial systems accessible to more people worldwide." Valora's technology and applications will not be acquired along with the team but will return to cLabs, the core development organization of Celo, to continue operating independently. Launched in 2021, Valora is a mobile self-custodied crypto wallet specifically for Celo chain stablecoin users. It has received investment from institutions such as a16z and Polychain and has partnered with M-Pesa and Tether to promote the global adoption of stablecoins. In recent years, Stripe has rapidly strengthened its stablecoin infrastructure, acquiring Bridge and Privy to advance stablecoin issuance, custody, and payment routes, and jointly developing the payment-oriented L1 blockchain Tempo. Stripe is also currently applying for a US banking license, further deepening its crypto payment capabilities. In his previous annual letter, the co-founder of Stripe stated that stablecoins are an "improvement in currency availability" and will become an important part of global payments. (The Block)

According to OnchainLens monitoring, the US government today transferred 1,934 WETH (approximately $6.43 million) and $13.58 million BUSD from the FTX/Alameda seized funds to a new wallet address. The relevant address is as follows: 0x9359ecf077186d4543bd53bc3528da4a80938c790x9aca546f3bc7de864a1df20f4c6b516434105cb0

According to crypto analyst EmberCN, a whale that has been consistently using 120 million USDC to go long on ETH recently added another 20,000 ETH (worth $66.42 million) to its long position early this morning, bringing its total ETH long position to $335 million (100,000 ETH). The whale's 100,000 ETH long positions were opened at an average price of approximately $3,158, and currently have a floating profit of approximately $16.73 million.

According to PANews, Paxful Holdings Inc., a Bitcoin peer-to-peer marketplace operator, has agreed to plead guilty to U.S. federal charges and will pay a $4 million criminal fine to the U.S. Department of Justice. Additionally, the Financial Crimes Enforcement Network imposed a $3.5 million civil penalty on the company on Tuesday. Paxful had previously ceased operations in 2023. The U.S. Department of Justice reported that between 2017 and 2019, Paxful facilitated approximately $3 billion in transactions, generating over $29 million in revenue. Despite being aware of criminal activities on its platform, the company failed to file the required suspicious activity reports and misrepresented its anti-money laundering policies to third parties. The sentencing is scheduled for February 10, 2026.

MicroStrategy's trading volume reportedly surpasses Amazon as Wall Street increases Bitcoin investments. source: https://coincu.com/news/microstrategy-volume-amazon-wall-street/

The UAE has a very clear macroeconomic strategy: to accelerate its transformation from a past oil-based economy to a future-oriented fintech hub. The crypto industry is a key sector for this leapfrog development, and it is currently in a relatively advantageous position.

According to PANews, a significant Ethereum investor, referred to as the 'October 11 Flash Crash Short Insider Whale,' has expanded their holdings by 20,000 ETH over the past six hours. This brings their total position to 100,985.8357 ETH, valued at approximately $335 million. The average entry price for these holdings is $3,158.57 per ETH, resulting in an unrealized profit of around $16.54 million.

Turnaround on assets like Ethereum gives us hope for a market-wide retrace that could make everything much better. source: https://u.today/crypto-market-prediction-ethereum-eth-king-of-altcoins-is-back-is-xrp-ready-for-price-jump-shiba

XRP remains under the weight of its long-standing downtrend, but recent price action suggests the bears may be losing their grip. Upward moves are becoming sharper and more impulsive, while downward momentum slows, hinting that buyers are quietly stepping in. With a decisive breakout above key resistance, the bulls could be gearing up for a significant counterstrike. Overarching Bearish Structure: The Red Trend Line Cap According to the latest XRP chart update by MakroVision Research, the broader market structure remains firmly within a downward trajectory, clearly outlined by the steeply declining red trend lines source: https://www.newsbtc.com/analysis/xrp/xrps-downtrend-shows-cracks/

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse 8 AM," issue 2905, providing you with the latest and fastest news on the digital currency and blockchain industry.

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Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

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