SEC Chair Paul Atkins confirmed the agency will implement an innovation exemption framework for cryptocurrency companies in January 2026. The policy enables digital asset projects to issue tokens and launch products without completing full SEC registration procedures. A government shutdown from October into November delayed the original timeline for establishing the exemption before year-end, Atkins stated in a CNBC interview.

Israel's central bank announced stricter oversight rules for private stablecoin operators as the country prepares to roll out its digital shekel by 2026. Bank of Israel Governor Amir Yaron stated that new licensing, reserve, and reporting requirements will target firms serving local users, citing concerns over market concentration dominated by Tether and Circle.

Bloomberg Senior ETF Analyst Eric Balchunas challenged a Citi research note claiming U.S. spot Bitcoin ETF outflows directly correlate with price declines. Citi estimated each $1 billion in withdrawals corresponds to a 3.4% price drop. Balchunas argued the calculation ignores $22.5 billion in year-to-date inflows, which would imply a 77% price increase by the same logic.

Blockchain analytics platform Bubblemaps alleged on November 25, 2025, that approximately 160 wallets linked to Edel Finance accumulated 30% of EDEL tokens worth $11 million during the token launch in early November. The platform identified trading patterns consistent with automated sniping tactics and coordinated funding through Binance and MEXC exchanges. Co-founder James Sherborne denied wrongdoing, stating the team acquired around 60% of supply for vesting contracts as documented in project materials.

Hyperliquid's newly launched HIP-3 custom markets recorded over $500 million in trading volume within 24 hours, according to the platform's interface. The decentralized exchange introduced synthetic perpetual contracts tracking equity underlyings including xyz, flx, and vnti. The XYZ100 index led with $320 million in volume.

Thailand's Personal Data Protection Commission has ordered World Network to halt biometric data collection and delete records of 1.2 million local users. The regulator cited violations of the Personal Data Protection Act, stating the blockchain project allegedly transferred iris scan data to third parties in exchange for cryptocurrency tokens without proper authorization.

VanEck has filed an application with the US Securities and Exchange Commission for a spot BNB exchange-traded fund, proposing to list on Nasdaq under the ticker VBNB. The fund would provide institutional and retail investors direct exposure to BNB through traditional brokerage accounts. The S-1 filing indicates the ETF will physically hold BNB tokens rather than using futures or cash-settled derivatives.

None of Bitcoin's 30 monitored bull-market peak indicators have triggered as of November 25, 2025, according to data from analytics platform Coinglass. BTC has declined 30.7% from its October all-time high, yet the composite dashboard shows zero signals activated. At least 15 indicators must trigger before the platform confirms a market top, with current average progress toward peak conditions at 43.84%.

Aerodrome, the largest decentralized exchange on Base blockchain, has issued a security alert regarding a DNS hijacking incident affecting its main domains. Two decentralized mirrors remain accessible, while centralized domains (.finance and .box) are still compromised. The platform confirmed smart contracts remain secure.