7h ago
Norges Bank halts digital krone CBDC plan after tests, citing strong payment system
On December 10, Norges Bank said it will not for now recommend launching a digital krone, arguing that Norway’s existing payment system already delivers secure, efficient and low‑cost transactions. After several years of trials on both retail and wholesale CBDC models, the bank concluded that the benefits remain uncertain and global standards are not yet ready. It left open the possibility of revisiting a CBDC if international developments or future payment needs change.
7h ago
8h ago
Coinbase launches on-chain Solana trading and details Vector.fun deal at Breakpoint 2025
At the Breakpoint 2025 event in Abu Dhabi on December 11, Coinbase announced an on-chain feature that will let users trade any Solana token directly through a DEX-style interface without requiring a prior listing. The company is also integrating a new Solana-focused user interface and plans to open early access next week. Coinbase’s recent acquisition of Solana-native platform Vector.fun is intended to expand asset coverage and deepen its participation in the Solana ecosystem.
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8h ago
20h ago
U.S. CFTC appoints crypto and finance CEOs to Innovation Council in December 2025
In December 2025, the U.S. Commodity Futures Trading Commission unveiled the first roster for its CEO Innovation Council, bringing in executives from crypto firms and major exchanges to advise on changes in the derivatives market. The council, assembled over roughly two weeks, will focus on tokenization, 24/7 trading, perpetual contracts, prediction markets, and blockchain infrastructure. Its work is intended to align with broader federal efforts to develop more supportive digital asset policies, according to sources familiar with the matter.
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20h ago
20h ago
Gemini Titan secures CFTC approval to operate Designated Contract Market for prediction markets
Crypto exchange Gemini Space Station, Inc. has obtained CFTC authorization to run Gemini Titan as a Designated Contract Market, paving the way for a federally regulated prediction market platform. The venue will debut with binary event contracts before expanding into other CFTC-regulated crypto derivatives, including futures, options and perpetuals. The approval comes amid rapid growth in U.S. prediction markets and follows the return of Polymarket to the domestic market under federal oversight.
20h ago
2d ago
OCC official says crypto charter applicants must meet same standards as traditional banks
Jonathan Gould of the Office of the Comptroller of the Currency said on December 8 that cryptocurrency and fintech firms seeking federal bank charters should be evaluated using the same criteria as conventional banks. He pointed to recent OCC approvals of crypto-focused trust banks and a sharp increase in charter applications, according to the OCC. Banks and financial industry groups remain uneasy about supervision, while Argentina’s central bank is considering whether to let local banks offer cryptocurrency trading.
2d ago
2d ago
Former PBOC adviser Liu Shijin calls on China to lift imports and expand yuan use in trade over next five years
Former People’s Bank of China monetary policy adviser Liu Shijin has urged China to increase imports and settle more foreign trade in yuan over the next five years to narrow its trade surplus and boost offshore yuan liquidity. He also called for more yuan-denominated financial products to be launched in overseas markets, according to his recent remarks. At the same time, China’s top leadership has outlined plans to prioritize domestic demand from 2026. The comments come as the European Union, led by French President Emmanuel Macron, signals the possibility of strong measures over trade imbalances.
2d ago
2d ago
Fitch Ratings warns high crypto exposure could pressure ratings at major U.S. banks on December 9, 2025
On December 9, 2025, Fitch Ratings cautioned that U.S. banks expanding into crypto and digital-asset services face reputational, liquidity, operational, and compliance risks that could weigh on their ratings. The report cited initiatives at large institutions including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. It highlighted that rapid stablecoin growth may threaten financial stability and affect U.S. dollar and Treasury markets. Moody's has likewise flagged systemic risks if USD-linked stablecoins see widespread adoption.
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2d ago
2d ago
U.S. Senate crypto bill talks stall as Moreno raises concerns ahead Dec 9 meeting
U.S. senators are negotiating a comprehensive crypto framework that would clarify the oversight roles of the SEC and CFTC. On December 8, Senator Bernie Moreno criticized the talks at a Washington, D.C. policy summit, and sources said Democrats and Republicans plan to meet on December 9. Committee leaders are considering a markup as early as December 17–18, though the schedule remains uncertain.
2d ago