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Nationwide demonstrations erupt in Iran as the country’s currency collapses to a record low, with the Central Bank governor resigning and inflation reaching critical levels. Massive protests broke out across Iran on Monday, with traders and shopkeepers rallying in major cities including Tehran, Isfahan, Shiraz, and Mashhad. The demonstrations were triggered by the Iranian rial’s … Read more
BC Card finishes a two‑month trial allowing foreign‑held stablecoins to be used for QR‑code payments at Korean merchants. BC Card announced on Tuesday the completion of a pilot that tested the use of foreign stablecoins, held in overseas digital wallets, as digital prepaid cards for payments at domestic BC Card‑affiliated merchants. The trial, conducted with … Read more
The Hong Kong SFC and FSTB publish consultation results and launch a new review of advisory and management regimes for virtual‑asset service providers. Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) announced on 24 December 2025 that they have concluded consultations on legislative proposals for virtual‑asset (VA) dealer and … Read more
KGST, a stablecoin fully backed by the Kyrgyz som, is now trading on Binance, marking the first CIS‑nation backed token on a global exchange. President Sadyr Japarov announced on Wednesday that the Kyrgyz stablecoin KGST has been listed on the global cryptocurrency exchange Binance, with the token backed 1:1 by the national currency, the som. … Read more
Hashkey Capital announces the first closing of its Fund IV with $250 million in commitments. Hashkey Capital, a leading crypto‑focused asset manager, confirmed the first closing of its fourth fund, Hashkey Fintech Multi‑Strategy Fund IV, securing $250 million from institutional investors, family offices and high‑net‑worth individuals. The fund targets a final $500 million AUM and will pursue multi‑strategy investments in … Read more
Bybit will discontinue its platform for Japan‑based users and enforce verification deadlines to meet local regulations. Bybit announced on 22 December 2025 that it will cease services for residents of Japan and gradually apply account restrictions starting in 2026. Users who receive a residency notice must complete Identity Verification Level 2 (proof of address/KYC 2) by 22 January 2026 to retain … Read more
The Russian central bank releases a concept allowing qualified and non‑qualified investors to buy crypto assets under differentiated rules. The Bank of Russia announced a draft regulatory concept for the Russian cryptocurrency market, which it has submitted to the government for legislative review. The proposal permits both qualified and non‑qualified investors to purchase crypto assets, … Read more
Fasset will provide regulated onboarding, KYC and on‑/off‑ramp services for ADI Foundation’s Dirham‑backed stablecoin infrastructure in Abu Dhabi. On 24 December 2025 in Abu Dhabi, United Arab Emirates, Fasset announced a strategic partnership with ADI Foundation, the Abu Dhabi‑based non‑profit founded by Sirius International Holding (a subsidiary of IHC). The agreement gives Fasset responsibility for compliant onboarding, KYC and on‑/off‑ramp infrastructure to … Read more
The regulator unveils a draft framework imposing a 100 % risk charge on crypto assets and offering incentives for infrastructure investments. The Hong Kong Insurance Authority reportedly proposed on 4 December that it will open a public consultation from February to April on a proposed risk‑based capital regime that channels insurer capital into cryptocurrencies, stablecoins and … Read more
The EU Council has agreed its negotiating stance on introducing a digital euro and reinforcing the legal tender status of cash. The Council of the European Union announced its position on two key proposals: a regulation to enable the issuance of a digital euro and a regulation to safeguard the role of euro cash across … Read more