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Found 6016 news

  • Circle moves toward privacy-focused stablecoin with USDCx project
    Cointelegraph.com - 16:40 Dec 09, 2025
    A new Circle–Aleo stablecoin project highlights the growing demand for privacy features as firms weigh blockchain use against the risks of transparency. Stablecoin issuer Circle is developing a privacy-enhanced version of its US dollar-pegged USDC token, aiming to spur institutional adoption by offering greater confidentiality than traditional public blockchains allow. The new stablecoin, called USDCx and targeting banking and enterprise users, is being built in partnership with the privacy-focused blockchain company Aleo, Fortune reported on Tuesday, citing Aleo co-founder Howard Wu. Unlike most existing stablecoins, which have wallet addresses and transaction details fully visible onchain, USDCx is designed to provide “banking-level privacy.” Circle would still be able to provide a compliance record if law enforcement or regulators request information on specific transactions, according to the report. Read more
  • Senator Lummis anticipates crypto market structure markup next week
    Cointelegraph.com - 16:28 Dec 09, 2025
    “Our staffs are exhausted,” said the Wyoming senator at the Blockchain Association Policy Summit on Tuesday, speaking on the progress of the crypto bill. Wyoming Senator Cynthia Lummis, a member of the US Senate Banking Committee and one of the most prominent proponents for addressing digital asset market structure in Congress, said she wants to take the next step in advancing the bill sometime next week. Speaking at the Blockchain Association Policy Summit on Tuesday, Lummis said she anticipated that the markup hearing for the Responsible Financial Innovation Act — the Banking Committee’s version of market structure — would happen before Congress broke for the holidays. The senator said the crypto industry “was getting a little concerned” about the progress of the bill, adding that drafts were “changed so much every few days” during bipartisan discussions.  Read more
  • Bitcoin Hash Ribbons flash ‘buy’ signal at $90K: Will BTC price rebound?
    Cointelegraph.com - 15:16 Dec 09, 2025
    Bitcoin miners offer a glimpse into potential BTC price upside to come as the historically accurate Hash Ribbons sent a buy signal. Bitcoin’s (BTC) Hash Ribbons metric, tracked by onchain analytics platform Capriole Investments, sent a “buy signal” for the fifth time in 2025. Key takeaways: A historically accurate Bitcoin price metric sends a “buy” signal for the fifth time this year. Read more
  • Jack Maller’s Twenty One Capital debuts on NYSE
    Cointelegraph.com - 15:00 Dec 09, 2025
    Twenty One Capital launched on the NYSE with strong institutional backing and a massive Bitcoin treasury. Institutionally-backed Bitcoin native company Twenty One Capital has launched for public trading on the New York Stock Exchange under the ticker XXI.  The Jack Mallers co-founded company has the ambition of becoming the largest publicly-traded holder of Bitcoin (BTC), and its Tuesday US launch follows the completion of its business combination with Cantor Equity Partners. Twenty One Capital holds 43,514 Bitcoin, worth roughly $3.9 billion, making it the world’s third-largest public corporate holder of the asset after Michael Saylor’s Strategy and MARA Holdings.  Read more
  • Securitize hires former PayPal exec as US tokenization gains traction
    Cointelegraph.com - 14:45 Dec 09, 2025
    Securitize hires former PayPal executive Jerome Roche as it expands regulated tokenized securities for US investors and builds on fresh approvals in Europe. Major tokenization platform Securitize has doubled down on its push to bring tokenized equity to US investors, naming a former PayPal executive as its new general counsel. Securitize on Tuesday announced the appointment of ex-PayPal executive Jerome Roche, who led the company’s expansion into digital asset projects, including the PayPal USD (PYUSD) stablecoin. Securitize also said its tokenized securities are already available to US investors, challenging the notion that most issuers prefer to offer such products abroad due to local stock access. Read more
  • How prediction markets raise insider trading and credit risks
    Cointelegraph.com - 14:21 Dec 09, 2025
    Prediction markets may be providing a way of turning opinions into financial products, but they may also pose financial risks and opportunities for insider trading. Prediction markets like Kalshi and Polymarket are growing, generating billions of dollars in volume. But some observers are concerned about the ethical problems and potential credit risks posed by major prediction betting platforms. Last week, Polymarket saw a notional volume of over $1.2 billion, according to Dune Analytics. Media giant CNBC has entered into a partnership with prediction market Kalshi to integrate prediction data in its TV, digital and subscription platforms. On the back of this success, Kalshi co-founder Tarek Mansour has mentioned creating “a tradable asset out of any difference in opinion,” stating that prediction markets could soon surpass the stock market in size. Read more
  • Malaysia’s crown prince launches ringgit stablecoin, Zetrix treasury
    Cointelegraph.com - 13:43 Dec 09, 2025
    Malaysia’s crown prince launched a stablecoin on Zetrix and a $121 million digital asset treasury modeled after MicroStrategy, despite sector bubble fears. The eldest son of Malaysia’s billionaire king is launching a stablecoin pegged to the national currency, targeting payments across the Asia-Pacific region. Bullish Aim, a telecom company owned by Ismail Ibrahim, the son of Sultan Ibrahim Iskandar of the Johor royal family, on Tuesday announced the launch of RMJDT, a new stablecoin backed by the Malaysian ringgit, the country’s fiat currency. The stablecoin is set to be issued on Zetrix, a layer-1 blockchain designed to connect governments, businesses and individuals to the Web3 economy with a focus on cross-border integration, particularly in China. Read more
  • Crypto nears its ‘Netscape moment’ as industry approaches inflection point
    Cointelegraph.com - 13:26 Dec 09, 2025
    Crypto is at a mainstream tipping point due to the emergence of regulated investment products, according to Matt Huang of Paradigm. The cryptocurrency industry is approaching its “Netscape moment,” as steady progress in blockchain infrastructure and the rise of regulated investment products drive a new wave of institutional adoption, according to Paradigm co-founder Matt Huang. The crypto sector is “facing its ‘Netscape’ or ‘iPhone’ moment,” Huang wrote Sunday in a post on X. “It’s working bigger than ever before, far beyond our wildest dreams. Both the institutional parts and the cypherpunk parts.” Netscape launched the first easy-to-use web browser for mainstream users in 1994 before going public with a successful initial public offering (IPO) in August 1995, marking the first building block that triggered the internet’s mass adoption. Read more
  • Hong Kong launches CARF crypto tax consultation to combat evasion
    Cointelegraph.com - 13:07 Dec 09, 2025
    Hong Kong has launched a public consultation on adopting the OECD’s crypto account tax data sharing program, CARF, and revising its tax reporting standards. Hong Kong has launched a public consultation on how to implement the international Crypto-Asset Reporting Framework, or CARF, as it moves to bring crypto tax data sharing in line with global standards. According to a Tuesday news release, Hong Kong is seeking input on both the implementation of CARF and changes to tax reporting standards. The announcement explicitly ties the move to the local administration’s efforts to fight cross-border tax evasion. The move constitutes standardization rather than a change of direction by the local government. As the announcement points out, Hong Kong authorities have been annually exchanging financial account information with partner jurisdictions since 2018. Read more
  • Japan plans tough new rules for crypto exchanges: What liability reserves actually mean
    Cointelegraph.com - 12:56 Dec 09, 2025
    Japan’s FSA is set to mandate liability reserves for crypto exchanges to boost consumer protection. The new rules are set to change the market. Japan is in the process of introducing significant changes to cryptocurrency regulation following renewed attention to Mt. Gox-related repayment activity in 2024. The Financial Services Agency (FSA) plans to introduce new rules requiring cryptocurrency exchanges to maintain special “liability reserves” to protect customers if their assets are lost due to hacks or unauthorized transfers. The measures aim to bring the cryptocurrency sector closer to the strict standards applied to traditional financial institutions in Japan, one of the world’s most heavily regulated markets. Read more
    Tags: Japan
  • Dogecoin ETFs lose their bite as Bitcoin, Ethereum big dogs lead the pack
    Cointelegraph.com - 12:48 Dec 09, 2025
    The total value traded for spot DOGE ETFs reached its lowest point since launch, signaling a fading of the early hype as liquidity and flows lag well behind those of major crypto ETFs. US spot Dogecoin exchange-traded funds (ETFs) are showing early signs of cooling demand, as total value traded (TVT) has fallen to its lowest level since launch.  SoSoValue data showed that on Monday, Dogecoin ETFs’ TVT fell to just $142,000, the lowest since launch. This marked a sharp retreat from late November, when the funds saw days where value traded topped $3.23 million. Total value traded refers to the total dollar amount of ETF shares bought and sold over a given period. It serves as a gauge of market activity and practical liquidity, indicating the amount of money that has moved through the funds. Read more
  • Bitcoin's ‘bear flag pattern’ targets $67K as BTC spot demand slumps
    Cointelegraph.com - 12:15 Dec 09, 2025
    The absence of new buyers and weakening ETF demand are factors likely to keep the Bitcoin price pinned below $93,000 as a bear flag targets $67,000. Bitcoin (BTC) price action has painted bearish continuation patterns on its daily chart, which may propel BTC to new lows, according to analysts. Key takeaways: A sharp decline in spot buying and weakening ETF demand suggests that the upside may be limited. Read more
    Tags: Bitcoin
  • ‘Elite’ traders hunt dopamine-seeking retail on prediction markets: 10x Research
    Cointelegraph.com - 11:43 Dec 09, 2025
    Rising retail participation incentivizes data-driven, “elite” traders to use “information asymmetry” and spreads caused by casual investors seeking a quick buck, 10x said. Prediction markets are emerging as a new battleground in the crypto economy, where the best-informed traders are competing against casual retail bettors for profits. Most users are behaving more like sports bettors than disciplined traders, according to a Tuesday report from research firm 10x Research, which said they are trading “dopamine and narrative for discipline and edge.” It added: “Accuracy and profit are driven not by the crowd, but by a tiny, informed elite who price probability, hedge exposure, and extract premium from retail-driven longshots.” The rising liquidity and retail participation are incentivizing professional trading desks to increase their prediction market activity and capture the spread and “misinformation asymmetry” arising from this market structure, 10x said. Read more
    Tags: Research
  • Polygon deploys Madhugiri hard fork, aims for 33% throughput boost
    Cointelegraph.com - 11:28 Dec 09, 2025
    Polygon’s hard fork cuts consensus time to one second, supports Fusaka EIPs and lays the groundwork for stablecoin and RWA-focused scaling. Blockchain network Polygon rolled out its latest protocol upgrade, known as the Madhugiri hard fork, which aims to achieve a 33% increase in network throughput and reduce block consensus time to one second.  Polygon core developer Krishang Shah said on X that the update includes support for three Fusaka Ethereum Improvement Proposals, specifically EIP-7823, EIP-7825 and EIP-7883. These EIPs make heavy mathematical operations more efficient and secure by limiting the amount of gas they consume. They also prevent single transactions from consuming excessive computing power, helping the network run more smoothly and predictably.  Read more
  • HashKey crypto exchange opens Hong Kong IPO subscription, targets $215M
    Cointelegraph.com - 10:46 Dec 09, 2025
    HashKey opens IPO subscriptions as it seeks to raise $214.7 million, valuing Hong Kong’s biggest crypto exchange at about $2.5 billion. HashKey Group, operator of one of Hong Kong’s licensed crypto exchanges, has opened subscriptions for its initial public offering (IPO) ahead of an expected listing next week. HashKey is seeking to raise up to 1.67 billion Hong Kong dollars ($214.7 million) in an IPO that is scheduled to debut on Dec. 17, according to a prospectus filed with the Hong Kong Stock Exchange (HKEX) on Tuesday. The company is offering 240.6 million shares at $0.76–$0.89 each, which would bring HashKey’s valuation to $2.46 billion at the top of the range. Read more
    Tags: HashKey
  • Will Zcash's ZEC return to $500 or higher before 2026?
    Cointelegraph.com - 10:26 Dec 09, 2025
    Bullish reversal signals and rising whale demand increase ZEC’s chances of hitting $500 in December, though some caution remains warranted. Zcash (ZEC) extended its recovery on Tuesday, rising 10.29% in the past 24 hours to over $425, or 41.50% up from the lows of around $300 a week ago. Key takeaways: ZEC eyes $500 as double-bottom signals and whale accumulation support the recovery. Read more
  • Circle gets Abu Dhabi greenlight amid UAE stablecoin and crypto push
    Cointelegraph.com - 08:53 Dec 09, 2025
    Circle has secured a license in Abu Dhabi, enabling it to operate as a licensed Money Services Provider as the UAE accelerates its rollout of crypto regulations. Stablecoin issuer Circle has secured regulatory approval to operate as a financial service provider in the Abu Dhabi International Financial Center, deepening its push into the United Arab Emirates. In an announcement Tuesday, Circle Internet Group said it received a Financial Services Permission license from the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi. This allows the stablecoin issuer to operate as a Money Services Provider in the IFC. The USDC (USDC) issuer also appointed Saeeda Jaffar as its managing director for Circle Middle East and Africa. The new executive also serves as a senior vice president and group country manager for the Gulf Operation Council at Visa and will be tasked with developing the stablecoin issuer’s regional strategy and partnerships. Read...
  • NFT winter deepens: Monthly sales hit lowest point of the year
    Cointelegraph.com - 08:08 Dec 09, 2025
    NFT sales fell to $320 million in November — their lowest this year — with early December off to a weak start as top collections slide across the board. Non-fungible tokens (NFTs) have fallen to their lowest monthly sales volume this year, with digital collectibles declining by over 66% in market capitalization from their January highs.  CryptoSlam data shows that NFT sales declined to $320 million in November, about half of the $629 million recorded in October. The drop pulled the monthly volumes back to levels not seen since September 2024, when digital collectible sales hit $312 million.  The data also shows that from Dec. 1-7, NFTs generated $62 million in sales, marking the weakest weekly total of 2025. The slow start to December suggests that the downturn may persist through the month as NFT momentum slows.  Read more
  • OCC boss says ‘no justification’ to judge banks and crypto differently
    Cointelegraph.com - 01:58 Dec 09, 2025
    Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain. Crypto companies seeking a US federal bank charter should be treated no differently than other financial institutions, says Jonathan Gould, the head of the Office of the Comptroller of the Currency (OCC). Gould told a blockchain conference on Monday that some new charter applicants in the digital or fintech spaces could be seen as offering novel activities for a national trust bank, but noted “custody and safekeeping services have been happening electronically for decades.” “There is simply no justification for considering digital assets differently,” he added. “Additionally, it is important that we do not confine banks, including current national trust banks, to the technologies or businesses of the past.” Read more
  • CFTC pilot opens path for crypto as collateral in derivative markets
    Cointelegraph.com - 01:42 Dec 09, 2025
    The pilot program allows futures commission merchants to accept Bitcoin, Ether and USDC for margin collateral, provided strict reporting criteria are followed. The US Commodity Futures Trading Commission has issued updated guidance for tokenized collateral in derivatives markets, paving the way for a pilot program to test how cryptocurrencies can be used as collateral in derivatives markets. Collateral in derivatives markets serves as a security deposit, acting as a guarantee to ensure that a trader can cover any potential losses.  The digital asset pilot, announced by CFTC acting chairman Caroline Pham on Monday, will allow futures commission merchants (FCM) — a company that facilitates futures trades for clients — to accept Bitcoin (BTC), Ether (ETH) and Circle’s stablecoin USDC (USDC) for margin collateral. Read more
    Tags: CFTC

6016 items