Polish President Karol Nawrocki vetoed the Crypto-Asset Market Act on December 1, 2025, blocking implementation of the EU's MiCA regulation. The presidential office cited concerns over provisions enabling the financial regulator to block cryptocurrency websites with minimal oversight and licensing fees that would burden smaller firms. The veto sends the legislation back to parliament, where a three-fifths majority is required to override the decision.

Vanguard Group began offering cryptocurrency ETF trading on its brokerage platform on December 2, 2025, granting more than 50 million clients access to Bitcoin and Ether funds from BlackRock, Fidelity, and Grayscale. The firm, which manages approximately $11 trillion in assets, excludes memecoin, leveraged, inverse, and futures-based crypto products from its platform.

Ripple Markets APAC Pte. Ltd. received an expanded Major Payment Institution license from the Monetary Authority of Singapore on December 1, 2025. The approval authorizes digital payment token services, cross-border transfers, and domestic money transfers. Ripple can now offer end-to-end payment solutions—including custody, swapping, and settlement in RLUSD or XRP—through a single API integration.

Democratic staff of the House Judiciary Committee released a 68-page report on November 24, 2025, alleging President Trump and family members built a cryptocurrency portfolio valued between $2.9 billion and $11.6 billion at 2025 peak prices. The document claims White House pardons and regulatory decisions directly benefited entities that invested in Trump-linked crypto projects. The family controls World Liberty Financial, which raised $550 million, and launched the $TRUMP memecoin that reached an $18 billion market cap.

South Korea's Financial Services Commission expanded its cryptocurrency travel rule to cover all virtual asset transactions on November 28, 2025, eliminating the previous 1 million won ($680) minimum threshold. The policy now requires identity verification and information sharing for every crypto transfer, regardless of amount. Virtual asset service providers must collect and share originator and beneficiary details for all transactions.

Visa partnered with Aquanow on November 28, 2025, to bring USDC stablecoin settlement services to financial institutions across Central and Eastern Europe, the Middle East, and Africa. The collaboration enables banks in the region to access near-instant, year-round settlements through Visa's payment infrastructure and Aquanow's blockchain liquidity solutions. Visa's global stablecoin settlement activity currently runs at a $2.5 billion annualized rate.

Netherlands-based Blockrise has received Markets in Crypto-Assets registration from the Dutch Authority for the Financial Markets, authorizing Bitcoin custody and euro-denominated loans backed by Bitcoin for corporate clients across the European Union. The firm manages approximately €100 million in client Bitcoin. Loans start at €20,000 with an 8% interest rate.

Texas purchased $5 million in BlackRock's iShares Bitcoin Trust ETF on November 20, 2025, making it the first U.S. state to directly invest in Bitcoin, according to state records. The acquisition occurred when Bitcoin traded near $87,000. The state allocated $10 million total for cryptocurrency holdings within its $60 billion permanent school fund, with $5 million remaining for future investments.

Tokyo-listed Metaplanet withdrew $130 million from its $500 million Bitcoin-collateralized facility on November 25, 2025, to purchase additional BTC. The company now holds over 1,200 BTC valued above $105 million. Total borrowings reached $230 million following a prior $100 million draw in October.