Author: CryptoDigestAlert.com
OCC Targets “Weaponized Finance” in Preliminary Review of Major Banks’ Debanking Practices
TLDR: OCC found large banks applied restrictive policies that limited access for several lawful but sensitive industries. The agency reported internal rules requiring escalated reviews before certain customers could obtain services. Comptroller Gould said the OCC aims to stop actions that could “weaponize finance” across the banking system. Thousands of complaints on political and religious debanking remain under review for future public reporting. OCC Releases Preliminary Findings as the agency intensifies its examination of what it calls “weaponized finance” across the country’s largest national banks. The Office of the Comptroller of the Currency released an early report detailing how nine…
TLDR: Uber will invest over $400M in Japan in 2025 to grow local operations and marketing. The company plans deeper partnerships with taxi operators to strengthen mobility services. Uber Eats adoption in Japan is 20%, leaving room for growth in urban areas. Digital income programs for drivers may expand to Japan, offering flexible work opportunities. Uber commits $2B to Japan through a five-year expansion plan aimed at strengthening its position across mobility, delivery, and flexible work services. The commitment was confirmed during a visit to Tokyo by Uber Technologies CEO Dara Khosrowshahi, who outlined the company’s long-term priorities for the…
Crypto exchange-traded funds (ETFs) regained momentum during the second week of December, with bitcoin and ether snapping recent volatility to post solid weekly inflows. Solana and XRP extended their streaks, underscoring selective but resilient investor demand. ETF Sentiment Improves with Broad-Based Inflows Across Crypto Funds After weeks defined by sharp reversals and uneven conviction, capital […] Source link
TLDR; Exchanges hold 3.27M BTC, only 5% below all-time highs. Spot Bitcoin ETFs and corporate treasuries reduce exchange reserves. Self-custody adoption rises after major exchange failures. Regulatory compliance drives redistribution, not a Bitcoin shortage. Exchange BTC holdings have recently drawn attention as analysts report declining balances on major platforms. Despite claims of a “collapse,” the reality differs. Exchanges currently hold about 3.27 million BTC, just 5% below the all-time high of 3.46 million BTC. This indicates no immediate shortage or liquidity crisis. The decrease in reserves is gradual and reflects broader shifts in the crypto ecosystem. Changes in market participation,…
Gemini Secures CFTC Approval to Launch Regulated Prediction Markets in the United States
TLDR: Gemini Titan receives a CFTC Designated Contract Market license after a five-year approval process. The license enables U.S. customers to trade yes-or-no event contracts on Gemini’s web platform. Leadership credits federal support and Acting Chairman Pham for advancing a pro-innovation environment. Gemini plans to explore futures, options, and perpetual contracts as part of a broader derivatives expansion. Gemini receives US License for prediction markets, marking a regulatory shift that allows the firm to operate a fully approved Designated Contract Market in the United States. Gemini Space Station, Inc. announced that its affiliate, Gemini Titan, LLC, secured the license from…
TLDR Ethereum ETFs bought 67,532 ETH, over 3x the weekly issuance of 18,577 ETH. Bitcoin ETFs purchased 3,170 BTC, slightly exceeding new weekly network issuance. ETF demand surpasses new supply, but prices remain stable without major reaction. $208M in ETH and $286M in BTC were absorbed by ETFs without immediate market spikes. Ethereum and Bitcoin ETFs have recently shown strong purchasing activity, exceeding the amount of new coins being issued. According to data shared by Bull Theory, Ethereum ETFs purchased 67,532 ETH in the past seven days, while the Ethereum network issued only 18,577 ETH. This means ETF buying accounted…
Veteran market trader Peter Brandt has reignited debate around XRP after issuing sharp remarks about the token’s most loyal supporters. Drawing from a career that spans more than five decades, Brandt grouped XRP alongside silver when describing markets where bullish belief often holds firm despite repeated price swings and long periods of disappointment. Related Reading According to people familiar with his comments, Brandt grounded his criticism in personal trading history. He said he has handled thousands of contracts across commodities, equity benchmarks, and digital assets, and argued that the “perma bulls who I find most uneducated and biased are those…
Prysm developers released a post-mortem analysis explaining the December 4 Fusaka mainnet incident that threatened Ethereum network stability. Summary A Prysm bug after Fusaka caused validator participation to drop to 75%. The network missed 41 epochs and lost roughly 382 ETH in proof rewards. Ethereum avoided finality loss thanks to client diversity and rapid fixes. The consensus client suffered resource exhaustion from expensive state recomputation when processing specific attestations, causing validators to face severe operational problems. The bug surfaced immediately after Fusaka activated at epoch 411392 on December 4, 2025, at 21:49 UTC. The network missed 41 epochs as validator…
Capital A & Standard Chartered Explore Malaysia’s First Ringgit-Backed Stablecoin
TLDR: Capital A and Standard Chartered Malaysia will explore a Ringgit-backed stablecoin through BNM’s regulated sandbox. The MYR stablecoin aims to support wholesale digital-asset use cases across Capital A’s multi-industry ecosystem. Standard Chartered Malaysia is positioned as the issuer, offering institutional-grade controls and compliance frameworks. The partnership supports Malaysia’s plan to advance responsible digital-asset innovation and improve financial efficiency. Capital A and Standard Chartered Malaysia have initiated a new collaboration aimed at developing Malaysia’s first Ringgit-backed stablecoin. The partnership is framed under a Letter of Intent signed within Bank Negara Malaysia’s Digital Asset Innovation Hub, creating a regulated space to…
TLDR: Tether offers €1 billion to acquire Juventus’ remaining shares from the Agnelli family. The Agnelli family holds 65.4% and currently has no plans to sell Juventus. Juventus shares have dropped nearly 30% in the past year amid market pressures. Tether seeks full ownership after holding a 10.7% stake since earlier this year. Tether has made a bold move by submitting a binding all-cash proposal to acquire the remaining stake in Juventus Football Club. The crypto firm, which already holds a 10.7% stake, is seeking full ownership of the Turin-based Serie A team. Sources indicate the Agnelli family, holding the…
