Mike Dudas, co-founder of The Block and founder of 6MV, commented on Circle's acquisition of Axelar in an article on X, stating: "To everyone who thinks this is a token vs. equity issue, I can tell you clearly that this is entirely Circle's doing. Rumors have it that Circle's VP of Corporate Development told one of Axelar's co-founders, 'I don't care about your investors,' and that Circle 'bought' the CEO and core intellectual property (IP) right under their noses without paying any consideration to investors, and that these IPs and the team were crucial to Arc's launch."

According to ChainCatcher, a recent report from Bank of America highlights a significant shift in the U.S. banking sector as it moves towards blockchain transformation amid evolving cryptocurrency regulations. The Office of the Comptroller of the Currency (OCC) has conditionally granted national trust bank licenses to five digital asset companies, signaling federal acceptance of stablecoins and crypto custody services. The Federal Deposit Insurance Corporation (FDIC) is expected to release a proposal for stablecoin regulation this week, in line with the GENIUS Act, which mandates the completion of related rules by July 2026, with implementation set for January 2027. Federal Reserve officials are collaborating with other banking regulators to establish capital, liquidity, and diversification standards for stablecoin issuers. The report also notes that JPMorgan Chase and Singapore's DBS Bank are exploring interoperability frameworks for tokenized value transfers on public and permissioned blockchains. Bank of America anticipates that bonds, stocks, money market funds, and cross-border payments may transition to blockchain platforms, necessitating banks to not only understand blockchain technology but also to engage with tokenized assets and on-chain settlements.

Odaily Planet Daily reports that Simon Dedic, founder of Moonrock Capital, commented on Circle's acquisition of Axelar in an article on X, stating: "Another acquisition, another RUG. Circle's acquisition of Axelar, while explicitly excluding the foundation and AXL tokens, is practically criminal. Even if it doesn't break the law, it violates ethics. If you're a founder who wants to issue tokens: either treat it like equity, or get out." Previously, Circle announced the acquisition of Interop Labs, the initial development team of Axelar, but Axelar Network, Axelar Foundation, and AXL tokens were not included in this acquisition.

According to PANews, CertiK has reported that the official website of BiSwap, a cross-chain trading platform on Binance Smart Chain (BSC), has been infected with a malicious URL. This URL redirects users to a gambling website. Users are advised to exercise caution. source: https://www.binance.com/en/square/post/33770607111393?utm_source=BinanceNewsRSS

According to PANews, CertiK has reported that the official website of BiSwap, a cross-chain trading platform on Binance Smart Chain (BSC), has been infected with a malicious URL. This URL redirects users to a gambling website. Users are advised to exercise caution.

According to Coinglass data, in the past 24 hours, a total of 183,892 people were liquidated across the network, with a total amount of $594 million. Of this, long positions were liquidated for $506 million, and short positions for $87.7215 million. The largest single liquidation occurred on the Binance platform's BTCUSDT trading pair, worth $11.5818 million.

On Dec 16, 2025, 01:34 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 86,000 USDT and is now trading at 85,983. 9375 USDT, with a narrowed 3. 27% decrease in 24 hours. source: https://www.binance.com/en/square/post/33770318485441?utm_source=BinanceNewsRSS

On Dec 16, 2025, 01:34 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 86,000 USDT and is now trading at 85,983.9375 USDT, with a narrowed 3.27% decrease in 24 hours.

According to PANews, Wyoming-based crypto bank Custodia Bank has filed a petition for an en banc review. This request asks the entire panel of judges from the Tenth Circuit Court of Appeals, rather than just the original three-judge panel, to reconsider its October ruling. The previous decision upheld the Federal Reserve's denial of Custodia Bank's application to open a master account. The petition argues that the original panel misinterpreted the Monetary Control Act, which stipulates that any eligible bank has the right to open a master account source: https://www.binance.com/en/square/post/33770306545210?utm_source=BinanceNewsRSS

According to PANews, Wyoming-based crypto bank Custodia Bank has filed a petition for an en banc review. This request asks the entire panel of judges from the Tenth Circuit Court of Appeals, rather than just the original three-judge panel, to reconsider its October ruling. The previous decision upheld the Federal Reserve's denial of Custodia Bank's application to open a master account. The petition argues that the original panel misinterpreted the Monetary Control Act, which stipulates that any eligible bank has the right to open a master account. Custodia Bank contends that the panel's decision undermines state banking regulatory authority and raises significant constitutional issues.

At the Cryptocurrency Working Group's Financial Monitoring and Privacy Roundtable, U.S. SEC Chairman Paul S. Atkins stated that discussions surrounding blockchain privacy and regulatory boundaries are becoming a core regulatory issue.

The AI ​​bubble has become the only pillar supporting the US macroeconomy, essentially the last line of defense on the balance sheets of the wealthy.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2910, providing you with the latest and fastest news on the digital currency and blockchain industry.

Agentic commerce is the establishment of a completely new economic order dominated by machines. It is not as simple as "AI automatically placing orders," but rather a reconstruction of an entire cross-entity chain.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

In places where fiat currencies have collapsed, stablecoins have become Argentinians' "dollar wallets," and crypto payments and on-chain assets are essential for survival and wealth appreciation.

Recommended reading tonight: 1. Tether's empire, which earned a staggering $15 billion a year, is more than just buying up Juventus; 2. The US SEC teaches you how to custody your crypto assets; 3. The OCC approves "risk-free" crypto transactions for banks—what's next?

When a container ship fully loaded with cargo is moving faster than its ownership documents are being transferred, it means something is fundamentally broken.

Why were the predictions so consistent at the beginning of the year? Why were almost all the mainstream institutions wrong?

Japan’s central bank is starting to sell over $500 billion in ETFs very slowly to avoid upsetting markets. The move is part of a long-term plan to reduce intervention and manage risk as the economy and stock market recover.