Binance has released interim results from an internal investigation opened after a December 7 report alleged that staff used insider information to post content on official social media for personal gain, according to the exchange. Binance said it has suspended the employees believed to be involved, contacted authorities, and will pay out a $100,000 bounty to the earliest valid reporters who used its official audit channel.

Digital asset investment products drew $716M of inflows last week, lifting total assets under management to $180B while still below the $264B peak, according to CoinShares. The U.S. led with $483M, followed by Germany with $96.9M and Canada with $80.7M. Bitcoin took in $352M, while short-Bitcoin products saw $18.7M of outflows. XRP attracted $245M and Chainlink $52.8M.

Strategy Inc announced on December 1, 2025, the establishment of a $1.44 billion U.S. dollar reserve to support preferred stock dividends and interest payments. The company holds 650,000 Bitcoin, representing approximately 3.1% of the cryptocurrency's eventual total supply. CEO Phong Le stated the reserve covers 21 months of dividend obligations.

The U.S. Securities and Exchange Commission issued a no-action letter to Fuse, a Solana-based decentralized physical infrastructure network, confirming it will not recommend enforcement action against FUSE token sales under specified conditions. The letter stipulates tokens must be distributed exclusively as rewards for network infrastructure maintenance and may only be redeemed through third-party venues at market rates. Separately, Kevin Hassett has emerged as a leading candidate to replace Jerome Powell as Federal Reserve chair, with sources indicating his openness to digital asset innovation.

U.S. Bank has launched a pilot program to test custom stablecoin issuance on the Stellar network, representing a significant step by a major American financial institution into programmable digital currency. The initiative was disclosed during a Money 20/20 podcast featuring executives from U.S. Bank, the Stellar Development Foundation, and PwC.

The European Central Bank has warned of emerging financial stability risks linked to rapid stablecoin market expansion, despite limited euro-area adoption. The combined market capitalization of all stablecoins has surpassed $280 billion, representing approximately 8% of the total crypto-asset market, according to an ECB report published November 24, 2025. Tether (USDT) at $184 billion and USD Coin (USDC) at $75 billion dominate the sector, while euro-denominated stablecoins remain minimal at €395 million.

Grayscale Investments has launched the Grayscale XRP Trust (GXRP) on NYSE Arca, providing exposure to XRP, the third-largest digital asset by market capitalization. The product is structured as an exchange-traded product rather than a registered investment company under the Investment Company Act of 1940. The XRP Ledger has processed over 4 billion transactions since launching in 2012.

Digital asset investment products saw $1.94 billion in net outflows over the past week, extending a four-week withdrawal streak to $4.92 billion, data show. The sustained redemptions mark the third-largest consecutive outflow period since 2018. Assets under management have declined 36% during this cycle, though year-to-date inflows remain at $44.4 billion.

Deutsche Börse Group has formed a strategic alliance with Société Générale and SG-FORGE to incorporate CoinVertible stablecoins into its market infrastructure. The MiCA-compliant tokens will support settlement, collateral management, and liquidity functions across Clearstream and digital trading platforms.