The White House is reviewing an IRS proposal to join the Crypto-Asset Reporting Framework, which would grant U.S. regulators access to foreign cryptocurrency transaction data. The initiative would align the United States with 72 nations committed to implementing CARF by 2028. The framework aims to address information gaps that currently allow offshore crypto activity to evade tax oversight.

Strategy's shares now trade at a discount to the market value of its bitcoin holdings, with its modified net asset value falling below 1. TD Cowen analysts maintain their $585 price target despite the decline, projecting the company will hold over 815,000 BTC by end-2027. The discount reflects short-term market volatility rather than fundamental weakness in the company's accumulation strategy, according to the firm.

Cboe Global Markets will introduce Bitcoin and Ether Continuous Futures on December 15, pending final regulatory approval. The 10-year contracts feature daily cash adjustments to deliver perpetual-style exposure without manual rollovers. The products target institutional investors seeking long-term crypto derivatives within U.S.-regulated markets.

The Trump Organization and Dar Global announced a blockchain-based hotel project in the Maldives on November 17, 2025. The development allows investors to purchase tokenized units during the pre-construction phase, with the resort scheduled to open by the end of 2028. The Trump International Hotel Maldives will feature approximately 80 beach and overwater villas near Malé.

Japan's Financial Services Agency is advancing a regulatory reform to reclassify digital assets as financial products under the Financial Instruments and Exchange Act, according to Asahi Shimbun. The proposal would require exchanges to disclose detailed information on 105 approved tokens and subject crypto to insider trading rules for the first time. The FSA plans to present the legislative package to parliament in 2026.

Gold advocate Peter Schiff accused Strategy (MSTR) of operating a fraudulent business model and challenged Michael Saylor to a public debate at Binance Blockchain Week in Dubai this December. Bitcoin fell below $99,000 over the weekend. Strategy's stock has dropped more than 50% since July.

On-chain analytics platform Santiment cautioned Saturday that widespread predictions of a market bottom may signal further downside ahead. Bitcoin briefly fell below $95,000 Friday, triggering social media declarations that the worst has passed. However, Santiment notes that historical bottoms typically form during periods of extreme pessimism rather than consensus optimism among traders.

BlackRock's tokenized U.S. Treasury fund BUIDL will be accepted as institutional collateral on Binance and expanded to BNB Chain. The fund has accumulated $2.5 billion in assets since its March 2024 launch. Data show BUIDL is the largest tokenized money market fund on public blockchains.

Bitcoin's daily chart shows deteriorating momentum with the 9-day EMA crossing below the 20-day EMA. The Crypto Fear & Greed Index has dropped to 15 out of 100, marking extreme fear levels last seen in March. Analysts note this fear-driven environment has historically preceded rallies, with long-term holders accumulating while short-term participants exit positions.