The Federal Reserve officially rescinds the 2023 cryptocurrency restrictions policy, encouraging responsible innovation by banks: The U.S. Federal Reserve announced the cancellation of the policy implemented in 2023 that restricted banks from participating in Bitcoin-related businesses, while also releasing a new statement encouraging regulated banks to engage in 'responsible innovation.' This policy had previously hindered cryptocurrency custody banks from accessing the Federal Reserve payment system, and its repeal will eliminate major barriers to the integration of banks and digital assets, creating regulatory synergy with the FDIC and OCC's prior withdrawal of cryptocurrency risk warnings.
Coinbase launches stock trading, prediction market services, and Deutsche Bank gives a 'Buy' rating: Coinbase announced a significant expansion of the assets available for trading on its platform, introducing stock trading, prediction markets (initially in collaboration with Kalshi), new perpetual futures, and new types of cryptocurrencies, while also launching AI-driven wealth management consulting services and Coinbase Business aimed at small and medium-sized enterprises, striving to create a 'universal exchange.' Deutsche Bank has given Coinbase its first rating of 'Buy,' with a target price of $340, indicating a potential upside of 40% from the current level.
Coinbase to launch institutional-grade asset tokenization platform Coinbase Tokenize: Coinbase announced the upcoming launch of Coinbase Tokenize, a one-stop asset tokenization platform for institutions, featuring full support, transparent security, and regulatory compliance, aimed at facilitating efficient tokenization of institutional assets.
Binance plans to restart Binance.US, in talks with BlackRock to deepen cooperation: According to Bloomberg, Binance is considering restarting Binance.US and plans to ease compliance hurdles by reducing Zhao Changpeng's (CZ) stake; at the same time, it is in discussions with BlackRock and other U.S. giants to advance deep financial cooperation. CZ has regained influence after being pardoned by Trump, expressing support for the U.S. to become a 'crypto hub', but it remains unclear whether previous restrictions related to his anti-money laundering plea have been lifted.
CZ clarifies: No conversation with President Trump has taken place: Binance co-founder CZ stated on social media that he has not yet had a conversation with President Trump. Previously, CZ revealed that he had refused a listing request from a foreign president and reminded the public to be wary of scams claiming to offer assistance with listings.
UK FCA launches consultation on new crypto regulations, set to implement regulations in October 2027: The UK's Financial Conduct Authority (FCA) has launched a wide-ranging consultation on proposed rules for the cryptocurrency industry, covering aspects such as cryptocurrency listings, anti-insider trading, trading platform standards, staking risk disclosures, and lending protections. The consultation will close on February 12, 2026, and the FCA commits to finalizing the regulatory framework by the end of next year. Data shows that the proportion of the adult population in the UK holding cryptocurrencies has dropped from 12% to 8% over the past year.
Cryptocurrency industry representatives meet with U.S. senators to pave the way for negotiations on market structure legislation in January: Representatives from the cryptocurrency industry held a meeting with U.S. Senate members to communicate positions related to the cryptocurrency market structure legislation. This represents the last opportunity for the industry to clarify core demands like protections for DeFi software developers by 2025. No new consensus was reached, but it lays the groundwork for negotiations restarting in January.
U.S. CFTC Acting Chair Caroline Pham to join MoonPay, leading legal and regulatory strategy: Caroline Pham, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), confirmed she will join crypto payment company MoonPay, where she will lead the company's legal and regulatory strategy.
BlackRock transfers over $400 million in crypto assets to Coinbase Prime: On-chain data shows that BlackRock transferred 74,973 ETH (valued at $220.1 million) and 2,257 BTC (valued at $197.58 million) to Coinbase Prime, totaling over $400 million, drawing market attention to the institutional asset reallocation.
Hedge fund Point72 purchases $65 million in Strategy stock, XXI plans to significantly increase BTC holdings: Billionaire Steve Cohen's hedge fund Point72 has acquired 390,666 shares of Strategy (MSTR) stock, valued at about $65 million; the CEO of XXI stated in a Bloomberg live session that the company plans to 'significantly increase its Bitcoin holdings.'
Hong Kong SFC Q3 report: Total market value of virtual asset spot ETFs reaches $920 million, up 217%: The Hong Kong Securities and Futures Commission released its Q3 2025 report, revealing that the total market value of virtual asset spot ETFs has reached $920 million, rising 217% since launch; 5 tokenized money market funds have an AUM of HKD 5.387 billion (approximately USD 692 million), a quarter-on-quarter increase of 391%. Additionally, Hong Kong has issued licenses to 11 virtual asset trading platforms, is reviewing 8 applications, and has confirmed that tokenized ETFs are applicable for stamp duty exemptions.
The Brazil Stock Exchange B3 plans to launch a tokenized platform and a real stablecoin next year: Brazil's main stock exchange B3 announced plans to launch its own tokenized platform and a stablecoin pegged to the Brazilian real next year, with both sharing a liquidity pool to facilitate tokenized asset trading. At the same time, B3 will expand its crypto derivatives offerings, adding cryptocurrency-linked options and contracts.
Canaan Creative launches a $30 million stock buyback plan: Nasdaq-listed Bitcoin mining company Canaan Creative announced that its board has approved a plan to buy back $30 million of American Depositary Shares (ADS) within the next 12 months. The company's previous buyback plan has expired, with a total of about $4.9 million in ADS repurchased.
Moon Pursuit Capital launches a $100 million crypto fund, focusing on market-neutral strategies: Crypto investment firm Moon Pursuit Capital announced the launch of a $100 million crypto fund, built around algorithmic trading strategies aimed at achieving market-neutral returns and reducing dependence on overall market volatility.
Fed's Waller: Rates are 50-100 basis points above neutral, should continue to lower rates; stablecoins will enhance demand for the dollar: Federal Reserve Governor Waller stated that the current Fed interest rate level is 50 to 100 basis points above the neutral rate, indicating that the job market signals suggest continuing to lower rates; he also noted that the development of stablecoins will enhance market demand for the dollar. Additionally, Waller mentioned that he would emphasize the importance of Fed independence to Trump, clarifying the Fed's accountability to the American public.
Vitalik: Enhancing protocol understandability is key to decentralization: Ethereum co-founder Vitalik Buterin stated that enabling more people to fully understand how protocols operate is a core aspect of 'decentralization' that is often overlooked. If only a few people understand, there is a hidden risk of concentrated trust in the system. He emphasized that Ethereum needs to simplify its design and reduce complexity to enhance understandability, thereby expanding the auditing community and improving ecosystem transparency and resilience.
CME 'FedWatch': 75.6% probability of maintaining rates in January: According to CME 'FedWatch', the probability of the Federal Reserve maintaining interest rates in January is 75.6%, with a 24.4% probability of a 25 basis point cut; by March, the cumulative probability of a 25 basis point cut is 44.4%, and 9.5% for a 50 basis point cut.
Disclaimer: The content described in this article is for reference only and does not constitute any investment advice. Investors should rationally consider cryptocurrency investments based on their own risk tolerance and investment goals, and should not blindly follow the market.
