On December 13, 2025, former President Donald Trump's AI and Crypto Czar David Sacks defended an executive order titled "Ensuring a National Policy Framework for Artificial Intelligence" that aims to centralize AI regulation at the federal level. The order seeks to preempt what the administration views as burdensome state-level rules, while critics in Congress and state governments warn it could undercut consumer protections and state authority. Sacks argues that a unified national standard would reduce compliance costs and help the U.S. maintain its AI edge over China.

On December 12, 2025, the Office of the Comptroller of the Currency issued conditional approvals for five national trust bank charters involving Ripple, Circle, BitGo, Paxos and Fidelity Digital Assets. The decision would add them to roughly 60 OCC-supervised national trust banks and permit federally regulated custody and stablecoin services, with Fidelity's coin allegedly still in testing.

On December 12, 2025, Florida Attorney General James Uthmeier announced the seizure of about $1.5 million in cryptocurrency tied to a Citrus County investment fraud, executed under the Fugitive Disentitlement Act. Officials said the wallet held AVAX, DOGE, PEPE, and SOL and is intended for victim restitution after the legal process. The move coincides with a push for new crypto ATM safeguards following heavy U.S. losses reported this year.

On December 12, 2025, Kalshi, Coinbase, Crypto.com, Robinhood, and Underdog announced the Coalition for Prediction Markets to reinforce CFTC-led federal oversight and counter state gaming regulators and lobby groups. The sector reports over $150 billion in annualized trading volume as the AGA campaigns and several states pursue actions classifying sports-linked contracts as gambling.

On December 12 2025, the 9th U.S. Circuit Court of Appeals issued a mixed decision on Apple's appeal of a contempt order in its App Store dispute with Epic Games, upholding key findings against the company while granting limited relief. The court affirmed that Apple violated a prior injunction by imposing a 27% fee on certain external transactions, and asked the trial judge to reassess what commission Apple can charge developers for use of its intellectual property. Around the same time, Epic's Fortnite was reinstated to the U.S. Google Play Store after a separate settlement and injunction reshaped Google's in-app payment rules.

On December 11, 2025, former Movement Labs co-founder Rushi Manche launched Nyx Group, a multi-strategy investment vehicle committing up to $100 million to support blockchain founders issuing new tokens. The firm plans to deploy capital into liquid markets and provide operational guidance, but will back only founders it personally knows and trusts. Manche’s return to the industry follows his removal from Movement Labs after a $38 million MOVE token market manipulation scandal and Coinbase’s subsequent delisting of the token.

On December 11, 2025, MiniMax and Zhipu said they are preparing Hong Kong IPOs, aiming to list in early 2026. MiniMax could raise hundreds of millions, while Zhipu is targeting about $300 million, according to people familiar with the matter. Both Alibaba- and Tencent-backed companies still need CSRC approval after the exchange’s review.

Nine major U.S. banks kept policies in place from 2020 to 2023 that limited access to services for certain customers, in the first formal findings of an OCC review. The affected sectors include firearms, oil and gas, private prisons and digital assets, according to the OCC. The banks say the decisions reflect risk management and are calling for clearer regulatory guidance.

Intel Corp., Advanced Micro Devices Inc., and Texas Instruments Inc. face five class-action suits in a Texas state court, Bloomberg reported. The filings claim their chips ended up in Russian weapons used in attacks between 2023 and 2025, and also name Mouser Electronics linked to Berkshire. Intel and AMD shares have shown limited reaction.