Polymarket said in a Tuesday Discord post it identified and fixed a security issue affecting a small number of accounts, attributing it to a vulnerability in a third-party authentication provider. Users on Reddit and X reported drained balances and repeated login attempts, while the company said ongoing risk was mitigated and it will contact those impacted.

Kraken Head of Consumer Mark Greenberg told CNBC on Wednesday that blockchain-based tokenization is pushing the concept of money beyond fiat, allowing people to save, trade, and spend in a wide range of tokenized assets. He noted that Kraken's tokenized stock product has drawn more than 80,000 wallets and around $14 billion in volume since launching in the second quarter of this year, while on-chain real-world assets have reached nearly $415 billion.

On December 24, 2025, a fraudulent "CircleMetals" platform circulated a fake press release claiming that USDC issuer Circle had launched tokenized gold and silver trading. The scam used Circle branding, fabricated executive quotes, and a website that asked users to connect their wallets for swaps between USDC and non-existent GLDC, SILC, and CIRM tokens. Circle later confirmed the announcement was false and urged users to verify product news only through its official channels.

On Dec. 24, Hong Kong's Financial Services and the Treasury Bureau and the Securities and Futures Commission said virtual asset dealers and custodians will need licenses under a new framework. The plan covers OTC, brokerage and conversions, imposes fit-and-proper checks and capital floors of HK$5 million for dealers and HK$10 million for custodians. A separate consultation will extend licensing to advisory and management providers.

On December 24, 2025, Binance founder Changpeng Zhao called for industry-wide measures to eradicate address poisoning after a trader's nearly $50 million USDT loss on December 19. He said Binance Wallet already uses automated checks to warn against flagged recipients and urged other platforms to deploy similar protections. The attacker later converted the funds and funneled them through Tornado Cash.

Heading into 2026, the sector is prioritizing privacy-first digital identity, with selective disclosure and zero-knowledge proofs at its core. On Oct. 29, Ethereum's X account said more than 750 privacy projects are building on the network, while April and Dec. 10 milestones from Google Wallet and Switzerland's Council of States show parallel shifts in mainstream platforms and policy.

On December 23, Philippine internet providers began blocking access to major exchanges including Coinbase and Gemini as regulators enforced local licensing rules. Manila Bulletin reported that the National Telecommunications Commission directed carriers to restrict around 50 platforms lacking Bangko Sentral ng Pilipinas authorization. Authorities had earlier moved against Binance, culminating in a shutdown order on March 25, 2024.

Alfa-Bank launched a fuel-linked digital financial asset, with purchases open from December 23 to 26 in Moscow and the Moscow Region. The token's nominal value is 6,650 rubles and offers a 20% fixed annual yield, maturing between March 1 and 15 next year with a choice of cash plus interest or a 100-liter fuel voucher.