YouTube has added PayPal's PYUSD as an opt in payout rail for eligible US creators, according to Fortune. The workflow issues earnings, makes them available via PayPal Hyperwallet, and lets creators cash out to PYUSD, with the stablecoin's market cap around $3.91 billion and YouTube's creator payments exceeding $100 billion in four years.

Singapore Gulf Bank has introduced a Solana-based service that lets corporate clients mint and redeem major stablecoins such as USDC and USDT directly on-chain, with transaction and gas fees waived during an initial launch phase. The bank, which announced the product at Solana Breakpoint 2025 in Abu Dhabi, says the corridor runs under Singapore’s Payment Services Act and MAS's single-currency stablecoin rules, and has internally cut transfer costs to under 0.3% while settling in seconds.

Kenya's Directorate of Criminal Investigations has set up a specialised unit to investigate cryptocurrency fraud after local investors reportedly lost up to KES5.6 billion ($43.3 million) in 2024. Authorities say crypto-related cybercrime losses rose 73% year on year, while Kenya's parliament has moved ahead with a Virtual Asset Service Provider Bill and new blockchain investigation training to strengthen oversight and enforcement.

On 13 December 2025, Pakistan began evaluating blockchain-based tokenization of up to $2 billion in sovereign assets under a non-binding arrangement with Binance. Policymakers aim to formalize widespread crypto use, expand digital rails and wallets, and channel surplus energy into compute-heavy industries. The initiative seeks broader access to international liquidity.

Ribbon Finance, formerly Aevo, saw $2.7 million drained from an old contract after an attacker manipulated oracle-linked expiry pricing, including a stETH call option expiring on December 12, 2025. The funds were routed through fifteen wallet addresses and partially consolidated, with movements spanning ETH, wstETH, USDC, and WBTC.

Coinbase is preparing to launch an internal prediction market in partnership with Kalshi. The Information said on November 19 that the product would be powered by Kalshi, with a formal unveiling slated for the Coinbase System Update event on December 17. A leaked dashboard screenshot shared by Jane Manchun Wong on X hints at the upcoming features.

On December 12, 2025, the front-end of the ZEROBASE zero-knowledge proving network was hijacked, leading to more than 270 users losing over $240,000 in USDT via a phishing smart contract on BNB Chain. One victim alone lost 123,597 USDT, while security teams later identified the malicious contract, blocked related domains and blacklisted approvals to limit further damage.

Andreessen Horowitz, the Uniswap Foundation, the DeFi Education Fund and The Digital Chamber opposed Citadel Securities' request that the SEC treat DeFi venues handling tokenized equities as regulated exchanges or broker-dealers. According to a Friday letter to the SEC, the coalition said Citadel's analysis is flawed and argued that thoughtfully designed onchain markets can protect investors without traditional registration.