The Federal Reserve announced overnight that it would begin purchasing short-term Treasury bonds as needed, and the New York Fed simultaneously announced plans to buy $40 billion in short-term Treasury bonds over the next 30 days. Although the RMP is not QE, the market did not care, and US Treasuries, US stocks, gold and crude oil all rose.

Instead of describing October and November as failures, Coinbase frames them as a purge. source: https://coindoo.com/coinbase-institutional-says-market-reset-could-fuel-december-crypto-boom/

In this post: Bybit announced its strategic roadmap at the Bybit Institutional Gala event in Dubai, showcasing several advancements in regulation, institutional credit infrastructure, and execution technology.  Ben Zhou, Bybit Co-founder and CEO, delivered a keynote speech at the event, confirming that Bybit has received full authorization under the UAE’s VAPO framework. According to Zhou, the […] source: https://www.cryptopolitan.com/bybit-signals-regulated-institutional-future-with-new-licensing-milestone/

Bhutan has announced the issuance of TER, a sovereign-backed gold-pledged token, on the Solana blockchain. The issuance is spearheaded by the Gelephu Mindfulness City (GMC), with each token representing a physical gold reserve. While the token aims to serve specific use cases for GMC, industry insiders point out that this move further demonstrates Bhutan's long-term vision of integrating with the stablecoin ecosystem and using gold as a neutral asset-backed token. Decrypt's DK Bank (Bhutan's first central bank-regulated digital bank) will serve as the sole distributor and custodian of TER; the digital asset platform Matrixdock will provide the tokenization infrastructure. GMC stated that issuing the gold-pledged token is part of promoting "responsible innovation" and continuing Bhutan's transparent and sustainable values. TER will initially be available for subscription through DK Bank and will utilize institutional-grade custody. Analysts believe that gold may only be the beginning; Bhutan may explore tokenization paths for silver, rare stones, and even cultural and environmental assets in the future to realize resource value without actual mining. In recent years, Bhutan has been deepening its blockchain strategy: it began Bitcoin mining in 2019, supported by hydropower; it currently holds 5,984 BTC, ranking seventh among global sovereign institutions. GMC previously announced that it would include Bitcoin, Ethereum, and BNB in ​​its strategic reserves; Bhutan has also partnered with Binance Pay to expand encrypted payments and will integrate its national digital identity system with Ethereum this year, expecting to provide over 800,000 citizens with cryptographically verifiable identity credentials by 2026. (decrypt)

SEC Chair Paul Atkins said the agency will move quickly on crypto rules next year, including an innovation exemption and work on a token taxonomy. source: https://catenaa.com/markets/cryptocurrencies/sec-chair-atkins-signals-swift-crypto-moves-in-early-2026/

The launch adds to Bhutan’s broader blockchain push, including Bitcoin reserves, Binance Pay integration and hydro-powered BTC mining. source: https://decrypt.co/351928/bhutan-launches-sovereign-gold-backed-token-solana

A16z Crypto opened its first Asian office in Seoul, South Korea, led by SungMo Park, citing the region’s dominance in global adoption and onchain activity. source: https://cointelegraph.com/news/crypto-venture-capital-giant-a16z-crypto-expands-into-asia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Jeff Bezos’ aerospace company is now a direct competitor of Elon Musk’s SpaceX after announcing that it’s creating the technology necessary to launch data centers in space. Blue Origin has been working on the technology to launch data centers in space for more than a year, meanwhile SpaceX wants to upgrade its satellites to handle […] source: https://www.cryptopolitan.com/blue-origin-space-data-centers/

Senate Democrats working on the cryptocurrency market structure bill told key Senate Banking Republicans that they aim to tighten restrictions on stablecoin yield payments and tackle issues related to illicit finance, according to a report published on Wednesday, December 10. source: https://www.benzinga.com/news/politics/25/12/49324823/trumps-crypto-profits-a-sticking-point-democrats-push-limits-on-elected-officials-activities-as-republicans-rush-bill-ahead-of-holidays?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

The MSCI Index is consulting on whether to exclude Bitcoin and other digital asset treasury companies that have a balance sheet with more than 50% of their assets in crypto. source: https://cointelegraph.com/news/msci-bitcoin-restriction-like-penalizing-chevron-for-oil-strategy-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

"Can someone explain the reasons behind the decline in Bitcoin trading values today, and what factors might be influencing this downward trend?" source: https://www.coindesk.com/markets/2025/12/11/why-is-bitcoin-trading-lower-today

Ken realized that cryptocurrency was nothing more than a casino, not a revolution. But the real answer was: pragmatic optimism was the right attitude.

The gradual print begins.

The Federal Reserve ended the year with a 25 basis point rate cut, but why are internal divisions still intensifying? The dot plot and Powell's press conference were more dovish than the market expected; what are the reasons behind this, and how should we interpret them? Where will the market go from here?

In short: The 25bps rate cut was in line with expectations, but the dot plot and press conference information were more dovish than the market expected.

Powell, Federal Reserve, interest rate cuts, tariffs, inflation; Powell's underlying message: a carefully designed "scapegoating" and farewell. Golden Finance: Will there only be one interest rate cut next year?

美联储,降息,鲍威尔,货币政策,2025年12月美联储议息会议实录：RMP来了 金色财经,美联储RMP来了。

The UAE has a very clear macroeconomic strategy: to accelerate its transformation from a past oil-based economy to a future-oriented fintech hub. The crypto industry is a key sector for this leapfrog development, and it is currently in a relatively advantageous position.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse 8 AM," issue 2905, providing you with the latest and fastest news on the digital currency and blockchain industry.

SEC, Trump, Trump to hold "final interviews" for Fed Chair Hassett not yet a done deal, Golden Finance, Is Bessett still a potential successor?