HashKey crypto exchange opens Hong Kong IPO subscription, targets $215M
HashKey opens IPO subscriptions as it seeks to raise $214.7 million, valuing Hong Kong’s largest crypto exchange at around $2.5 billion.
Crypto
ASIC Expands Digital Asset Relief For Stablecoin Intermediaries
The Australian regulator indicated the framework could expand as additional stablecoin and wrapped token issuers secure AFS licences.
Will Zcash’s ZEC return to $500 or higher before 2026?
Bullish reversal signals and rising whale demand increase ZEC’s chances of hitting $500 in December, though some caution remains warranted.
SGX’s Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange Boss Says
Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.
Saylor Says Strategy Will Not Issue Preferred Equity in Japan, Giving Metaplanet a 12 Month Head Start
MSTR executive chairman shuts down idea of near term expansion of perpetual preferreds in Japan.
Circle gets Abu Dhabi greenlight amid UAE stablecoin and crypto push
Circle has secured a license in Abu Dhabi, enabling it to operate as a licensed Money Services Provider as the UAE accelerates its rollout of crypto regulations.
NFT winter deepens: Monthly sales hit lowest point of the year
NFT sales fell to $320 million in November — their lowest this year — with early December off to a weak start as top collections slide across the board.
Bitcoin retail inflows to Binance ‘collapse’ to 400 BTC record low in 2025
Bitcoin retail investors have been sending fewer BTC to Binance per day than at any time in history, despite the new highs of the 2025 bull market.
Crypto index funds ‘a big deal’ as market complexity grows: Bitwise CIO
Wide crypto-tracking funds will become more popular as investors will seek exposure as the market becomes more complex, says Bitwise’s Matt Hougan.
Circle Wins ADGM License, Taps Former Visa Executive to Lead Middle East Push
The approval positions Circle to offer regulated payment services in Abu Dhabi as the UAE accelerates its oversight of crypto.
Zcash Floats Dynamic Fee Plan to Ensure Users Won’t Be Priced Out
ZEC zoomed 12% amid the fee discussion, beating gains across all major tokens.
Ninth Defendant Pleads Guilty in $263M Crypto Social-Engineering Scheme
Evan Tangeman acknowledged helping launder at least $3.5 million for the SE Enterprise group, along with turning stolen crypto into bulk cash.
USDC Issuer Circle Secures Abu Dhabi’s ADGM License in Middle East Expansion
The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.
400K Bitcoin have peeled off exchanges since last year: Santiment
Some of the Bitcoin outflows from exchanges are going to individual users’ storage wallets, but ETFs and institutions are accumulating coins too.
Bitcoin Slips Toward ETF Break-Even Level as Inflows Slow, but Support May Be Building
Bitcoin is drifting back toward the price where ETF buyers break even, as inflows slow and investors look to the Fed’s decision this week.
ETH, ADA, SOL Steady as Timezone Data Shows Europe Drove Deepest Bitcoin Selloff Since 2018
The broader market held its recent rebound, though liquidity remained thin ahead of Wednesday’s Federal Reserve decision.
Tether deepens AI bet, backs Italian firm’s humanoid robots
The funding will support the development of humanoid robots for industrial use, aiming for “industrial scale performance.”
Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High
Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold.
Bitcoin Traders Target $20K Bitcoin Strike as Deep Out of the Money Options Gain Traction
These flows represent a bullish bet on volatility rather than a downside hedge or outright bearish position.
XRP Traders Eyes Breakout Above $2.11 as U.S. ETFs Cross $1B Milestone
A breakout above $2.11 is needed to trigger momentum towards higher resistance levels, while failure to hold $2.00 could lead to a retest of $1.95.
Polymarket trading figures are being double-counted: Paradigm
Paradigm researchers found that major analytics dashboards are double-counting Polymarket’s trading volume due to redundant blockchain events.
ChatGPT Helps Expose a $1 Million Crypto ‘Pig-Butchering’ Scam
An online romance led a Bay Area woman to drain her retirement accounts, only for an AI assistant to later warn her it was a scam.
Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
QCP notes participation has collapsed while Polymarket sees a shallow easing path, putting the focus on guidance and cross central bank signals.
OCC boss says ‘no justification’ to judge banks and crypto differently
Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain.
HashKey Files for Hong Kong IPO, Aims to Be City’s First Listed Crypto Exchange
Hashkey’s filing shows its push to anchor institutional crypto infrastructure in Hong Kong as the city bolsters its digital assets oversight.
CFTC pilot opens path for crypto as collateral in derivative markets
The pilot program allows futures commission merchants to accept Bitcoin, Ether and USDC for margin collateral, provided strict reporting criteria are followed.
Fitch Ratings flags risk for US banks with high crypto exposure
While crypto offers banks an opportunity to generate new sources of revenue, Fitch warns it could bring risks that could lead to rating revisions.
Bitcoin catches a bid, but data shows pro traders skeptical of rally above $92K
Bitcoin’s rejection at the short-term range highs is caused by macroeconomic uncertainty, liquidations and stagnant spot ETF flows. Will clearer signals from the US economy boost BTC volumes?
Tether Invests in Italian Robotics Startup Generative Bionics Amid Humanoid Hype
Stablecoin issuer Tether has joined an $81 million round as humanoid robotics draws increasing investor interest.
CFTC to Pilot Tokenized Collateral in Derivatives Markets Starting With Bitcoin, Ethereum and USDC
The CFTC has introduced a pilot allowing Bitcoin, Ethereum, and USDC to be used as margin, while updating rules to support tokenized assets.