According to Cointelegraph, the Blockchain Association, a non-profit organization advocating for the crypto industry, has expressed strong opposition to a proposed ban on third-party service providers and platforms offering rewards to stablecoin holders. In a letter addressed to the US Senate Committee on Banking, over 125 crypto industry groups and companies signed in protest against the expansion of the GENIUS stablecoin regulatory framework. This framework seeks to prohibit stablecoin issuers from sharing yield directly with customers, and the proposed expansion would include third-party service providers, which the letter argues would stifle innovation and lead to increased market concentration. The letter draws parallels between the rewards offered by crypto platforms and those provided by traditional financial entities such as credit card companies and banks. It argues that prohibiting crypto platforms from offering similar rewards for stablecoins would unfairly benefit established financial service providers. The Blockchain Association emphasizes that the potential benefits of payment stablecoins will not be realized if they cannot compete on equal terms with other payment mechanisms. Rewards and incentives, the letter notes, are standard features of competitive markets. The Blockchain Association has consistently issued statements and letters opposing efforts to restrict crypto platforms from sharing yield-bearing opportunities with customers. They argue that these rewards are crucial for helping consumers offset inflation. Meanwhile, the Federal Deposit Insurance Corporation (FDIC) has proposed a framework that would allow banks to issue stablecoins through subsidiaries, subjecting both the bank and its subsidiary to FDIC rules and financial assessments, including reserve requirements. Despite the FDIC's proposal, the Blockchain Association continues to challenge claims that yield-bearing stablecoins and customer rewards pose a threat to the banking sector and its lending capabilities. The association contends that there is insufficient evidence to support the notion that stablecoin rewards undermine community banks or their lending capacity. Nonetheless, the banking industry has lobbied against yield-bearing stablecoins and crypto platforms sharing yield with clients, fearing that the interest offered on digital asset products could erode banks' market share.

The Bank of Japan tightened policy on Dec. 18, lifting its benchmark rate to 0. 75%, the highest since 1995. Governor Kazuo Ueda framed the move as a formal break with the “ultra-accommodative” regime that has helped fuel global risk-taking for decades source: https://cryptoslate.com/bitcoin-dances-on-a-thin-line-as-japan-and-us-policies-clash/

Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say. source: https://cointelegraph.com/news/blockchain-association-no-expanding-stablecoin-yield-prohibition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

China is relentlessly dumping billions of dollars in US Treasuries while accumulating a massive amount of gold. New numbers from the Treasury Department show China’s holdings of US Treasury securities fell from $732. 7 billion in June to $688. 7 billion in October, a reduction of $44 billion in just five months source: https://dailyhodl.com/2025/12/19/brics-nation-china-dumps-44000000000-in-us-treasuries-in-five-months-amid-massive-gold-buying-spree/

XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRP’s spot price slid. Related Reading: 5,606 Bitcoin: Lightning Network Sets Fresh Capacity Record At the time of reporting, XRP was trading around $1. 86, down more than 8% in the last week. That gap between ETF growth and a falling spot price has left some investors puzzled source: https://www.newsbtc.com/altcoin/xrp-etfs-grow-past-60m-as-price-struggles-to-respond/

FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves. source: https://cointelegraph.com/news/fdic-genius-act-bank-stablecoins-crypto-biz-corporate-bitcoin-anchorage-securitize-bhutan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

الرؤى الرئيسية: شهدت عملة ترون (TRX) ارتفاعًا كبيرًا في رسوم المعاملات، متجاوزةً بذلك سولانا (SOL) وسلسلة BNB الذكية (BSC). في حين أصبحت ترون أكثر سلاسل التمويل اللامركزي (DeFi) ربحية، فقد عززت أيضًا مكانتها كقوة مستقرة للعملات. ترون يتصدر ترون في الإيرادات الشهرية أظهرت بيانات من DeFiLama ارتفاعًا كبيرًا في رسوم المعاملات على السلسلة هذا الأسبوع source: https://www.thecoinrepublic.com/ar/2025/12/19/%d8%aa%d8%b1%d9%88%d9%86-%d9%8a%d9%82%d9%84%d8%a8-%d8%b3%d9%84%d8%b3%d9%84%d8%a9-%d8%b3%d9%88%d9%84%d8%a7%d9%86%d8%a7-%d9%88%d8%b3%d9%84%d8%b3%d9%84%d8%a9-bnb-%d9%83%d8%a3%d9%83%d8%ab%d8%b1-%d8%b3/

In its annual predictions report, Galaxy’s analysts said onchain dollar transfers could process more volume next year than the US bank system that handles payroll and bill payments. source: https://cointelegraph.com/news/galaxy-stablecoins-ach-transaction-volume-2026?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Fed is seeking public comment on a proposal to introduce limited-access “payment accounts. " source: https://www.thestreet.com/crypto/fed/fed-moves-skinny-payment-accounts-crypto-banks

The European Central Bank says it plans to support distributed ledger technology transactions from 2026, as debate intensifies over privacy protections in the proposed digital euro. source: https://cryptonews.com/news/ecb-dlt-transactions-2026-digital-euro-privacy/

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