Coinbase plans to partner with Kalshi to roll out an internal prediction market that uses USDC and is safeguarded by Coinbase Custody, according to CNBC sources. The announcement could arrive as early as next week; as of December 13, 2025, USDC was priced at $1.00 per CoinMarketCap.

Coinbase plans to introduce a prediction market product in partnership with Kalshi, with an official reveal scheduled at its "System Update" event on December 17. Kalshi is expected to serve as the initial exclusive prediction market operator on the exchange, aligning with Coinbase's longer-term goal of broadening its financial service offerings beyond crypto. The crypto community is watching for formal confirmation and product details, amid expectations that the move could boost user engagement and diversify revenue.

On December 13, the Hong Kong Monetary Authority stated that "Hong Kong Yunbo Holdings/Yunbo Holdings 2.0" is not regulated by the HKMA and warned the public about its stablecoin-related promotions. The authority also clarified that it has not granted any licenses to stablecoin issuers so far and urged investors to verify authorization claims, while Bitcoin traded around $90,345.53 after a 2.07% daily decline.

On December 12, cryptocurrency market maker GSR said its operations remain stable and its liquidity is strong. The firm clarified it has no connection to the alleged "10/11 liquidation" and emphasized continuity in client execution and services. The announcement was intended to counter online speculation and reassure stakeholders.

On December 11, the U.S. Financial Stability Oversight Council removed digital assets from its list of financial vulnerabilities in the 2025 annual report. The report also highlights dollar‑backed stablecoins as supportive of the U.S. dollar's global role. Market effects remain unclear, and no direct price impact was verified in the document.

Blockworks and the Solana Foundation plan to roll out Lightspeed IR, an investor-relations platform for institutional allocators in the Solana ecosystem, in Q1 2026. The platform converts raw on-chain data into institutional research and streamlines communications for Solana token projects. Target users include funds, asset managers, and large token holders.

On December 11, the U.S. Office of the Comptroller of the Currency issued a report on banks’ debanking of controversial sectors, signaling potential accountability measures for JPMorgan Chase, Bank of America and Citigroup. Bitcoin traded at $91,139.17 with a $1.82 trillion market cap, showing -1.10% over 24 hours and -21.22% across 90 days.

At the Bitcoin MENA event in Abu Dhabi, MicroStrategy executive chairman Michael Saylor presented a Bitcoin-backed banking framework built on overcollateralized reserves and tokenized credit. He said the model targets $50 trillion in deposits through regulated channels, offering high-yield, low-volatility accounts. The framework’s success would depend on regulatory approval and how effectively it can be implemented in practice.

Kamino, a Solana-based lending platform, blocked Jupiter Lend's migration tool on December 7 over concerns about risk framework transparency. The move has sparked debate within Solana's $5 billion lending market. Solana Foundation President Lily Liu called on both platforms to prioritize collaboration over conflict, noting that Ethereum's lending market is roughly 10 times larger.