According to BlockBeats, Arthur Hayes has indicated that the recent drop in Bitcoin's value is attributed to the Bank of Japan's suggestion of a possible interest rate hike in December. The exchange rate of the U.S. dollar against the Japanese yen fluctuated between 155 and 160, reflecting a hawkish stance by the Bank of Japan.

According to Cointelegraph, Ripple Labs has secured approval from Singapore's central bank to broaden its payment activities in the region. This development is part of Ripple's strategic efforts to enhance its business and institutional offerings through acquisitions. Ripple Markets APAC, the company's Singapore subsidiary, received authorization from the Monetary Authority of Singapore (MAS) to extend the scope of its regulated payment activities under its Major Payment Institution (MPI) license, as announced by the company on Monday. Monica Long, Ripple's President, expressed appreciation for Singapore's progressive approach, noting that the expanded license bolsters Ripple's capacity to invest in Singapore and develop the necessary infrastructure for financial institutions to facilitate efficient, rapid, and secure money transfers. Ripple Payments utilizes digital payment tokens, including its stablecoin RLUSD and XRP (XRP), for cross-border transactions. The service is designed to function as an on-ramp and off-ramp, supporting collection, holding, swapping, and payouts for banks and companies, according to Ripple. The company has made several notable acquisitions this year to expand its business and institutional offerings, with a recent acquisition on Nov. 4 involving crypto custody and wallet company Palisade. Ripple was granted its MPI license in 2023, enabling it to offer regulated digital payment token services in Singapore. As of Monday, the MAS website lists digital payment token services under Ripple's license, which encompasses buying or selling digital payment tokens or providing a platform for users to exchange these tokens. Ripple has been active in Singapore since 2017, and the company regards the region as crucial to its global operations. Fiona Murray, Ripple's vice president and managing director in the Asia Pacific, highlighted the significant growth in the region, with onchain activity increasing approximately 70% year-over-year, positioning Singapore at the center of this expansion. With the expanded scope of payment activities, Ripple aims to better support the institutions driving this growth by offering a comprehensive suite of regulated payment services, delivering faster and more efficient payments to its customers. The Asia-Pacific region has experienced the highest year-on-year growth, as reported by Chainalysis' 2025 Global Adoption Index published on Sept. 3. The total value received surged 69% to $2.36 trillion, led by countries such as India, Pakistan, and Vietnam, with the Philippines, South Korea, and Thailand also ranking in the top 20.

Japan’s 10-year bond yields surged to 1. 86%, the highest since 2008, threatening to unwind the yen carry trade that funneled trillions into risk assets. source: https://cointelegraph.com/news/japan-10-year-government-bond-yield-jumps-highest-level-since-2008?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to PANews, crypto analyst Willy Woo has released a comparative analysis highlighting Tether's (USDT) performance during redemption waves in 2022. Despite experiencing approximately 20–25% redemptions, Tether managed full payouts, outperforming traditional banks such as Silicon Valley Bank, which faced a 25% redemption, and First Republic Bank, which encountered a 57% redemption. Woo emphasized that Tether currently holds 77% of its assets in cash equivalents, with the remainder in gold and Bitcoin, maintaining a total over-collateralization of 3%. Even if volatile assets were to plummet by 30% in extreme market conditions, USDT would still have 95% asset backing.

Ripple has also made several acquisitions this year to expand its business and institutional-focused offerings, with the latest being crypto custody and wallet company Palisade. source: https://cointelegraph.com/news/ripple-mas-approval-expanded-payment-services-singapore?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

HashKey cleared its Hong Kong Stock Exchange listing hearing on December 1. source: https://www.cryptopolitan.com/hashkey-targets-hong-kong-ipo/

For financially driven chains like Mantle that embrace institutions, transformation is urgently needed.

The People’s Bank of China reasserted the country’s crypto ban, claiming trading had reemerged and vowed to crack down on stablecoins. source: https://cointelegraph.com/news/china-crypto-crackdown-stablecoin-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Dogecoin started a fresh decline below the $0. 150 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0. 1420 source: https://www.newsbtc.com/analysis/doge/dogecoin-doge-turns-red-0-15/

Solana, a high-performance blockchain platform known for its scalability and speed, has the potential to play a pivotal role in shaping the future of the internet, often referred to as Web 3.0. While it may not be immediately apparent or widely recognized, the fundamental features and capabilities of Solana could enable a new decentralized online ecosystem. This new version of the internet would prioritize user ownership, enhanced privacy, and greater control over personal data. Solana’s technological advancements and growing ecosystem of decentralized applications (dApps) could foster innovative solutions and services that fundamentally change how we interact online, paving the way for a more equitable and user-centric digital landscape, even if its transformative impact isn't evident at this moment. source: https://blocknews.com/solana-could-help-shape-the-next-version-of-the-internet-even-if-it-doesnt-look-like-it-right-now/

According to PANews, SlowMist founder Yu Jian has disclosed that the 'white hat negotiation' messages appearing on-chain following the Yearn attack are fabricated and part of a phishing scheme, similar to the previous Balancer incident. The attackers utilized the Railgun protocol to conceal their identities, prepared a low-Gas address 28 days in advance, and executed the exploit. They ultimately transferred 1,000 ETH through Tornado Cash. The attacker's address currently holds approximately $6 million in crypto assets.

CARF is hailed as the CRS of the crypto world. Its goal is to establish a unified global framework for exchanging tax information, address the issue of tax regulation of crypto assets, and provide tax authorities in various countries with more third-party data on the crypto activities of taxpayer residents.

For encrypted business platforms, anti-money laundering is no longer just an external regulatory pressure, but an intrinsic requirement for their long-term healthy development. It is a "passport" for building market trust and winning legitimate users.

Cryptocurrencies got off to a bad start in December, with market panic showing signs of spreading again. What will the future hold for cryptocurrencies? Will the positive factors in December stimulate the market as expected, or will cryptocurrencies continue their slump into next year?

China repeated that all crypto activity is illegal and warned of tighter enforcement as underground trading and mining rise again. Officials also singled out stablecoins as a security risk and said they will increase monitoring and crackdowns on cross-border crypto use.

Fiat currency debt is the most expensive, requiring governments, businesses, and residents to take on long-term debt; policy interest rate hikes are the next most expensive, as the overall debt maturity is relatively short; gold price increases are the cheapest, as this is a purely free stimulus that only requires central banks around the world to band together.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2895, providing you with the latest and fastest news on the digital currency and blockchain industry.

"Our core demand is very clear— to return the property to its rightful owner, that is, to return it to the Chinese victims."

On November 29, the People's Bank of China officially published an article titled "Meeting Held on Coordination Mechanism for Combating Virtual Currency Trading and Speculation," which provided the latest discussion on virtual currencies and stablecoins.

Stablecoins, regulation, law, stablecoins in 2025: You're in the Dream of the Red Chamber, I'm in Journey to the West. Golden Finance: Who's in the Dream of the Red Chamber, who's in Journey to the West? Perhaps we all have the answer in our hearts.