Odaily News The Central Bank of Korea has recently sent a formal document regarding the second round of CBDC testing to major banks, considering the distribution of some government subsidies in the form of Digital Money during the second round of testing. The aim is to use CBDC to restrict the use of subsidies and drop the management and administrative costs associated with subsidy distribution. However, a Central Bank official stated that details, including specific methods and timelines, are currently under discussion. (decenter)

The Bank of Korea has issued documents for the second round of CBDC testing to major banks, planning to distribute part of government subsidies in the form of Digital Money to drop management costs. Currently, details are still under discussion. The previous pilot program was suspended due to issues of cost and practical application value.

Gate News Bot Message, December 19th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently priced at $87,050.05, up 0.65% in the past 24 hours, with a high of $90,647.57 and a low of $84,436.32. The 24-hour trading volume reached $54.879 billion. The current market capitalization is approximately $1.74 trillion, an increase of $112.88 million compared to yesterday. Bitcoin is an innovative payment network and a new form of currency. As the world's first cryptocurrency, Bitcoin operates using peer-to-peer technology without the involvement of central authorities or banks; transaction management and Bitcoin issuance are collectively handled by the network. Bitcoin is open-source, with transparent and publicly available design; no one can own or control Bitcoin, and everyone can participate. Through numerous unique features, Bitcoin has achieved exciting application prospects that no previous payment system could cover, including fast peer-to-peer transactions, global payments, and low processing fees.

Gate News Bot Message, December 18th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $86,567.60, down 1.12% in the past 24 hours, with a high of $93,554.27 and a low of $85,304.08. The 24-hour trading volume reached $44.539 billion. The current market capitalization is approximately $1.73 trillion. Bitcoin is an innovative payment network and a new form of currency. BTC operates using peer-to-peer technology, without the need for a central authority or bank; transaction management and Bitcoin issuance are collectively handled by the network. Bitcoin is open-source, with its design being public; no one owns or controls Bitcoin, and everyone can participate. Through its many unique features, Bitcoin has achieved innovative applications that were previously impossible for any payment system, including fast peer-to-peer transactions, global payments, and low processing fees.

Odaily Planet Daily reports that Ethereum co-founder Vitalik Buterin stated that an important but long underestimated form of "decentralization" is to enable as many people as possible to truly understand how the entire protocol operates from start to finish. If only a very small number of people have the full understanding, the system still carries hidden risks of trust centralization. Vitalik pointed out that Ethereum still has room for improvement in this regard, and in the future, it will be necessary to enhance overall comprehensibility by simplifying protocol design and reducing system complexity. This will not only help expand the group of people who can participate in and audit the protocol but also strengthen the transparency, security, and long-term resilience of the Ethereum ecosystem.

As the end of 2025 approaches, Dogecoin (DOGE) continues to face pressure amid the overall cooling of the Meme coin sector. As of mid-December, DOGE's price hovers around $0.132, with market enthusiasm significantly lower than in the past. After the viral surge subsided, investors are re-evaluating Dogecoin's true market positioning and whether it still has rebound potential in 2026. From the current market performance, DOGE's short-term trend remains weak. In the past 24 hours, the price has rebounded slightly by about 1%, but the weekly decline is still around 6%, with a monthly drop approaching 16%. In an environment of cautious overall crypto market sentiment, high-volatility meme coins like DOGE are often the first to face selling pressure. Meanwhile, DOGE is still down about 82% from its all-time high in May 2021, with multiple rebound attempts failing to form a trend-breaking move, indicating a lack of market confidence.

Gate News Bot message, December 17th, according to CoinMarketCap data, as of press time, FORM (Four) is currently priced at $0.43, up 42.20% in the past 24 hours, with a high of $0.45 and a low of $0.27. The current market capitalization is approximately $165 million, an increase of $49 million compared to yesterday. Four is a Web3-native physical asset tokenization platform dedicated to tokenizing physical assets such as minerals, energy, and computing power, regularly issuing high-quality RWA products. The platform is built on compliance, transparency, and on-chain verifiability, creating a complete lifecycle for the issuance and circulation of RWAs. Key features of the platform include: selecting long-term value assets such as minerals, renewable energy, and computing power; ensuring authenticity and compliance through independent audits and third-party evaluations; dividing physical assets into blockchain tokens.

Golden Finance reports that the Bank of Canada stated that under the new stablecoin regulatory framework expected to be implemented in 2026, only high-quality stablecoins pegged to the central bank's currency will be approved, ensuring that stablecoins can serve as "high-quality currency." Bank of Canada Governor Tiff Macklem told the Montreal Chamber of Commerce on Tuesday, "We want stablecoins to function as a high-quality form of currency, similar to banknotes or bank deposits." Macklem proposed that stablecoins must maintain a 1:1 peg with a central bank currency, and their reserve assets must be "highly liquid, high-quality assets" that can be quickly converted into cash. Typical assets include short-term government bonds and treasury bonds. This statement comes after the release of Canada's 2025 budget report. The report, published in early November, explicitly requires stablecoin issuers to hold sufficient reserves and to establish proper...

Mastercard and Abu Dhabi ADI Foundation form a strategic alliance aimed at expanding stablecoin settlement and tokenized asset applications in the Middle East, supporting cross-border transactions and the launch of stablecoin payment cards, while also enhancing the efficiency and transparency of payment processes.

Elon Musk begins funding the Republican Party for the 2026 midterm elections, indicating a closer relationship with Trump. He previously threatened to form a third-party political group, but has now returned to the Republican Party and plans to continue donating throughout the election cycle.

A recent research report released by Bank of America indicates that amid a fundamental shift in regulatory attitudes, the US banking industry is entering a multi-year "on-chain" transition phase. As the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve begin to establish clear regulatory frameworks for stablecoins and tokenized deposits, cryptocurrency policies are moving from discussion to implementation. The research team led by analyst Ebrahim Poonawala stated that a recent series of regulatory approvals and rule proposals signify that the US financial system is laying the institutional groundwork for real-world assets and payments to go on-chain. OCC has recently conditionally approved five digital asset companies to obtain national trust bank licenses, which is seen as an important step toward the federal-level official acceptance of stablecoin issuance and crypto asset custody. These activities must be conducted in the form of trust services and meet strict requirements for liquidity, compliance, and risk management.

Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, XRP (XRP) is currently priced at $1.87, down 6.47% in the past 24 hours, with a high of $2.17 and a low of $1.86. The current market capitalization is approximately $113.222 billion, a decrease of $7.832 billion compared to yesterday. The XRP Ledger is a fully decentralized public blockchain maintained by a global community of businesses and developers. The blockchain has demonstrated complete stability and security over more than 10 years of operation, handling over 63 million ledgers with zero error records. The XRP Ledger offers a smooth development experience, extremely low transaction costs, high performance, and sustainability, supporting developers to build projects with confidence. The platform has built-in powerful features such as a high-performance decentralized exchange, cross-currency payments, payment channels, multi-signature, and more, supporting all non-XRP assets to circulate on-chain in token form.

BlockBeats News, December 15 — Chinese crypto analyst Ban Mu Xia released an analysis video today stating that although Bitcoin has fallen below @9@0,000 USD, the overall trend remains intact. Multiple moving averages on the 4-hour chart are converging to form a key resistance level (around @9@.05 million USD), and a breakthrough would signal a critical bullish sign. Additionally, Ban Mu Xia lowered the take-profit points to @9@.62 million, @10@.16 million, @11 million, and @11.25 million USD (previously set at "@9@.8 million, @10.33 million, and @11.25 million USD, with dynamic adjustments"), and emphasized once again that with improved liquidity, assets like Bitcoin are still highly likely to rise.

Gate News Bot Message, December 15 — According to CoinMarketCap data, as of press time, FORM (Four) is trading at $0.34, up 16.83% in the last 24 hours, with a high of $0.40 and a low of $0.27. The current market capitalization is approximately $130 million, an increase of $18.7 million from yesterday. Four is a Web3-native physical asset tokenization platform focusing on the tokenization of tangible assets such as minerals, energy, and computing power, regularly issuing high-quality RWA products. The platform is dedicated to providing investors with transparent, compliant, and sustainable blockchain investment opportunities. Built on principles of compliance, transparency, and on-chain verifiability, Four covers the entire lifecycle of RWA issuance and circulation, including asset selection and evaluation, token issuance, on-chain trading liquidity, and revenue distribution. The platform each

Gate News Bot message, December 15th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $410.63, down 6.49% in the past 24 hours, with a high of $468.95 and a low of $391.56, and a 24-hour trading volume of $733 million. The current market cap is approximately $6.75 billion. Zcash is the first cryptocurrency to develop zero-knowledge cryptography technology for private peer-to-peer payments. As a form of encrypted electronic cash, ZEC uses end-to-end encryption to protect user privacy. The project supports both transparent and shielded addresses, allowing users to choose their preferred level of transaction privacy. Currently, ZEC is listed on multiple major exchanges and has received support from industry organizations such as Messari, Electric Coin Company, and Zcash Foundation. ZEC features fast transaction speeds, low transaction fees, and complete decentralization, making it an ideal choice for private daily payments and long-term asset storage.

Foresight News现场报道, Cryptocurrency financial services company Abra CEO Bill Barhydt announced at the Solana Breakpoint conference the launch of AbraFi, a synthetic asset tokenization platform based on Solana. AbraFi will be released to the public in the form of a DAO, not owned by Abra Inc. Governance token AFI holders will receive a majority of the protocol's revenue share and have governance rights over the product mechanism. The first product of AbraFi is a synthetic US dollar.

Foresight News reports that, according to Bloomberg, Tether plans to raise up to $20 billion through a stock issuance and will consider tokenizing the shares after the sale is completed. Sources familiar with the matter revealed that Tether executives are considering various options, including share buybacks, and storing the company's stock in digital form on the blockchain through tokenization after the transaction. The sources also disclosed that at least one existing shareholder previously planned to sell shares at a price significantly below the company's $500 billion valuation, but Tether intervened to prevent this plan. The sources further revealed that Tether's management is concerned that a sell-off by current investors could impact its massive fundraising efforts. Due to the involvement of confidential information, these individuals requested anonymity. One insider stated that the company currently has no plans to allow existing shareholders to sell shares in this round of major financing.

ChainCatcher Message, Chinese crypto analyst Ban Mu Xia stated, "On the daily chart of Bitcoin, MA5, MA10, and MA30 form a golden cross, thus forming a support zone after 90,000-91,300 USD. If you previously went long on Bitcoin at 89,000-90,000 USD, then 98,000 USD, 103,300 USD, and 112,500 USD can be considered as planned take-profit points, adjusted according to market dynamics. However, the take-profit levels are no longer suitable entry points for going long, because the risk-reward ratio is very low."

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $458.96, up 16.47% in the past 24 hours, with a high of $468.78 and a low of $329.74. The 24-hour trading volume reaches $1.178 billion. The current market capitalization is approximately $7.542 billion, an increase of $1.067 billion from yesterday. Zcash is the first cryptocurrency to implement private peer-to-peer payments using zero-knowledge cryptography technology. As a form of encrypted electronic cash, ZEC protects user privacy through end-to-end encryption while adopting a decentralized protocol to ensure fund autonomy. ZEC transaction speeds are faster than Bitcoin, with transaction fees usually only a few cents. Users can manage their assets in multiple ecosystem wallets such as Zashi Wallet, Edge Wallet, and others, and on Gat

PANews December 12 News, according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) granted permission in the form of a no-action letter to the Depository Trust & Clearing Corporation (DTCC), allowing the company to custody and recognize tokenized stocks and other real-world assets (RWA) on the blockchain. This move enables DTCC to provide three years of tokenization services on a pre-approved blockchain. SEC Commissioner Hester Peirce stated in a release, "Although the project is still in the pilot stage and subject to various operational restrictions, it marks a significant step forward in the market’s transition onto the chain." Michael Winnike, head of Global Strategy and Market Solutions for DTCC’s Clearing and Securities Services, said in an interview that after obtaining permission, DTCC will also extend its record-keeping work to the blockchain. DTCC, as the core clearinghouse of the US financial system

Golden Finance reports that the Federal Reserve has reappointed 11 regional Fed presidents. Analysts believe that although it may seem insignificant in form, it could influence policy decisions over the next five years. If Trump influences the board, it could trigger greater controversy.

According to official news, Gate Ventures announced that it has led a strategic investment in Goblin Finance to support its construction of native liquid staking and yield infrastructure in the Aptos ecosystem. The scale of this round of financing is US$1 million, and the funds will be used to help the project accelerate the improvement of the income aggregation mechanism and ecological collaboration. As a venture capital institution under Gate Group, Gate Ventures has long focused on the infrastructure construction and innovation direction of the multi-chain ecosystem. GVC stated that this investment will help the Aptos ecosystem form a more complete revenue aggregation system and provide more secure and efficient underlying support for Web3 financial scenarios. Currently, Goblin Finance has achieved rapid growth within the Aptos ecosystem, and its innovative income model and product mechanism are expected to become an ecosystem

John E Deaton, a lawyer who supports cryptocurrency, stated on the X platform that tokenization will be at the core of next-generation finance, and multiple legislative initiatives will be launched to address issues such as the economy, healthcare, housing, and the wealth gap. He emphasized the need to provide practical solutions and to incorporate tokenization into them. Deaton plans to challenge Senator Ed Markey in the midterm elections next year.

According to Jinse Finance, Hasu, Lido's strategic advisor and Flashbots' strategy director, commented on Vitalik's call to establish an on-chain gas futures market on the X platform. He stated that the market lacks natural short sellers: a large number of users are inherently exposed to gas costs (short) and wish to hedge, but almost no one in the market is willing to take the long side on gas, so liquidity may be insufficient, making it difficult to form a meaningful market size. In response, Vitalik suggested that the protocol itself could act as the market's short seller, that is, by auctioning future base fees on-chain.

Decentralized finance (DeFi) protocol Firelight has announced the launch of a new XRP staking feature, providing on-chain risk protection for DeFi protocols while offering additional returns for XRP holders. This mechanism is supported by Flare Network and developed by Sentora, aiming to enhance DeFi security and address the industry's longstanding challenges of hacks and vulnerability losses. According to the introduction, XRP users can stake their tokens on Firelight and receive tradable ERC-20 tokens called stXRP. stXRP can be used within the Flare ecosystem and also represents the user’s participation in the Firelight insurance pool, serving as a source of risk protection for DeFi protocols. In recent years, hacks have resulted in billions of dollars in losses annually, and Firelight’s insurance pool mechanism provides protocols with a form of “on-chain insurance” protection.

21Shares has submitted a revised Dogecoin ETF application to the U.S. Securities and Exchange Commission (SEC), confirming the management fee and disclosing additional details. This spot Dogecoin ETF is expected to join the ranks of Grayscale (GDOG) and Bitwise Dogecoin ETF (BWOW), further driving up the price of Dogecoin. According to the latest filing, 21Shares has amended its S-1 document for the fifth time, confirming a management fee of 0.50%, which accrues daily and is paid weekly in the form of Dogecoin (in arrears). The document also retains a delayed issuance clause, which may take effect after submitting the 8(a) application, but no fee waiver information has been disclosed at this time.

The prediction market giant Kalshi, valued at $11 billion, recently launched tokenized betting contracts on the Solana blockchain. Users can now buy and sell event contracts for the U.S. elections, sports events, and more on-chain, participating in the prediction market in the form of tokens. Kalshi's crypto head, John Wang, stated that this move aims to leverage the liquidity of crypto users and allows third-party developers to build new front-end interfaces, utilizing Kalshi's existing liquidity pools. The DeFi protocols Jupiter and DFlow will also connect Kalshi's order book with Solana on-chain trading, providing users with greater privacy protection and enhancing competitiveness against rivals such as Polymarket.

Bitcoin is fluctuating between $83,000 and $95,000, still in the bull run pullback phase. Analysts believe that the price will not rise strongly before 2025, but will struggle to form a bottom. If it falls below $75,000, the forecast will be invalidated, which could lead to a deeper fall.

BlockBeats news, on December 2, the Japanese government launched its own version of the "Government Efficiency Department" (DOGE), setting a plan in its first meeting aimed at identifying and eliminating inefficient tax measures and subsidies. After the first DOGE meeting, Finance Minister Shunichi Suzuki told reporters on Tuesday: "By eliminating waste through the efforts of everyone, including the public, and directing funds to areas that truly need them, we will form a sharp contrast to previous administrations. This is crucial for maintaining trust in the nation, in our currency, and in the market." Shunichi Suzuki also mentioned that she believes there is no discrepancy between the government's and the Bank of Japan's assessments of the economy, after Bank of Japan Governor Kazuo Ueda expressed confidence in the economic outlook and hinted at possible interest rate hikes. Japan's Economic Growth Strategy Minister Minoru Kiuchi reiterated these comments verbatim, indicating that this response has been vetted by the Cabinet.

Odaily News Solana officially announced a deep collaboration with Kalshi, where all of its prediction markets have now been fully tokenized and deployed on the Solana blockchain in the form of native tokens. With the concurrent liquidity protocol (CLP) developed by DFlow, users can submit on-chain limit orders, which liquidity providers execute asynchronously, bridging Kalshi's off-chain liquidity to the on-chain environment and supporting multiple stablecoin redemptions. Meanwhile, Kalshi has launched a developer grant program totaling over $2 million, aimed at encouraging emerging applications to integrate this on-chain functionality. According to CNBC, this move targets the $3 trillion crypto asset market, aiming to attract high-frequency trading crypto users, further enhancing platform liquidity and pricing accuracy, while also opening up space for developers to build third-party front-end integrations and strengthening transaction privacy protection. Ax

ChainCatcher news, Nasdaq-listed company Massimo announced that its board has approved the inclusion of Bitcoin (BTC) in the company’s long-term treasury reserve strategy and has begun preliminary purchases. Subsequent holdings information will be disclosed in the 8-K form submitted to the U.S. Securities and Exchange Commission (SEC). The company stated that it will invest no more than 10% of its total assets in BTC over the next five years.

Odaily News In response to Arthur Hayes' doubts about USDT operations, former Citibank encryption research head Joseph stated on the X platform that @CryptoHayes' analysis missed several key points: 1. Disclosure of assets ≠ all corporate assets. USDT adopts a "matching principle" for disclosing reserves, but its undisclosed balance sheet includes equity investment income, mining operations, corporate reserves, and potential Bitcoin holdings, with remaining profits distributed to shareholders in the form of dividends. 2. Extremely high profit margins and equity value. Tether holds $120 billion in U.S. Treasury bonds (annualized 4% yield), with a projected annual net profit of about $10 billion from 2023 (with only 150 employees), making it arguably the world's most efficient money printer; equity valuation may reach $50-100 billion.

Odaily News The ETF Store President Nate Geraci posted on the X platform that the Chainlink Spot ETF is expected to launch this week. Grayscale will be able to convert or upgrade its Chainlink private sale trust to ETF form.

PANews reported on November 30 that the People's Bank of China recently held a meeting of the coordination mechanism for combating virtual money trading speculation. At this meeting, financial regulatory authorities defined stablecoins for the first time, clarifying that stablecoins are a form of virtual money. Currently, they cannot effectively meet the requirements for customer identification, AML, and other aspects, and there is a risk of being used for money laundering, fundraising fraud, and illegal cross-border fund transfers. The meeting reiterated the need to continue cracking down on illegal financial activities related to virtual money. However, industry insiders believe that this meeting will not affect the layout of stablecoins in Hong Kong, but speculation on stablecoins in mainland China will be severely suppressed. Moreover, relevant entities in the mainland will see their scope for future stablecoin layouts in Hong Kong shrink significantly, being more limited to practical application scenarios such as cross-border payments and supply chain finance.

Odaily News Ethereum founder Vitalik Buterin stated that memes and emojis are driving the English language towards a more "pictographic" evolution. English social media has even begun to form highly abstract expressions similar to Chinese idioms. He used the meme "leopard eats human face" as an example, saying that these types of memes no longer require text and can represent complex contexts with just an image, becoming emerging "deep meaning symbols" in the English system.

Odaily News CBB published an article on platform X, pointing out that the project party's reasoning of "avoiding short-term flipping" to raise funds at a valuation of $1 billion while in an unlocked state is a form of "self-deception." CBB stated that the reasonable approach for an ICO should be to raise funds at a lower FDV and allocate tokens to true core users and contributors, rather than creating an overvaluation structure that causes the project to lose a healthy token circulation foundation early on.

Keone Hon, the founder of Monad, responded to Arthur Hayes' criticism by stating that Hayes did not provide specific comments and pointed out that his investment projects also have Lock-up Position tokens. He believes that the current Blockchain is still evolving and cannot be in its final form.

BlockBeats news, on November 30, the dYdX community passed a new proposal for the 'Liquidation Rebate Pilot Program', which will start a one-month pilot program on December 1, 2025. This program will provide rewards in the form of points and rebates to traders who have experienced liquidation events, with a maximum of up to $1 million.

Golden Finance reports that on November 28, 2025, the People's Bank of China held a coordination meeting to combat the speculation and trading of Virtual Money. The meeting emphasized that Virtual Money does not have the same legal status as legal tender, does not have legal compensation, and should not and cannot be circulated as money in the market. Activities related to Virtual Money are considered illegal financial activities. Stablecoins are a form of Virtual Money that currently cannot effectively meet customer identification, anti-money laundering, and other requirements, posing risks of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers. (People's Bank of China website)

The Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital jointly released the White Paper "Project Bayani: Opportunities for Asset Tokenization in the Philippines" today, pointing out that the potential for the Philippines to transform its Capital Market through asset tokenization is as high as $60 billion. The report depicts a future scenario where millions of Filipinos already using mobile Wallets and Crypto Assets will leapfrog traditional finance stages to hold investment products such as government bonds, stocks, and mutual funds in tokenized form.

Odaily News According to market news: Grayscale has submitted S-3 form to the SEC to apply for Zcash ETF.

PANews November 26 news, analyst Murphy pointed out that based on current data observations, it is not difficult for BTC to return to $90,000, as $90,000 is not a strong resistance level. The average cost of short-term holders shows that BTC may only encounter significant selling pressure when entering the range of $92,000 to $99,000. At the same time, data from the options market shows that the Call activity at the $92,000 strike price is significantly higher than at $90,000, especially the selling Calls at $92,000 far exceed those at $90,000, which will lead to the formation of strong resistance in the market. Murphy emphasized that the key battle for BTC above $92,000 is the core area that determines the trend, especially close to the $98,000 position, which is the "fair price" line for BTC over the past decade. However, recent market confidence has been undermined due to a large amount of realized losses, making it difficult to form effective buying power in the short term. The future trend of BTC still needs to pay attention to market sentiment and resistance.

Delphi Digital analysts have analyzed the trends of BTC and believe it may form a bullish or bearish structure. A bullish scenario requires a breakout above $103,500, while a bearish scenario could form lower highs below that point. The dominance of USDT has broken through a long-term downtrend, with a contraction in supply reflecting market uncertainty.