Reform UK secured £9 million ($12 million) from British crypto investor Christopher Harborne, the largest single political donation by a living individual in UK history, Electoral Commission figures show. The contribution comes as the UK government examines potential restrictions on cryptocurrency donations to political parties over transparency and foreign interference concerns.

The U.S. Commodity Futures Trading Commission authorized spot cryptocurrency trading on federally regulated exchanges for the first time. Acting Chairman Caroline D. Pham announced December 4 that CFTC-registered futures exchanges may now list spot digital assets under federal supervision. The decision ends decades of state-level-only oversight and opens institutional access to compliant spot crypto markets.

BitMine has acquired approximately $150 million worth of Ethereum, increasing its total holdings to over 3% of the cryptocurrency's circulating supply. The purchase represents a contrarian move as most treasury firms have reduced ETH exposure amid market volatility. The company has stated its goal of controlling 5% of all circulating ETH.

Meta is reviewing budget reductions of up to 30% for its Reality Labs division in 2026, Bloomberg reported, citing sources familiar with internal discussions. The metaverse unit has accumulated losses exceeding $70 billion since 2021. Metaverse-linked crypto tokens have declined sharply, with the sector's total market capitalization falling to under $3.4 billion from more than $500 billion at the start of 2025.

Binance founder Changpeng Zhao and economist Peter Schiff debated the merits of Bitcoin and gold as stores of value, focusing on verification methods and practical utility. CZ highlighted Bitcoin's instant blockchain verification and global payment capabilities, while Schiff defended gold's physical properties and industrial applications. Bitcoin has gained 377% over five years compared to gold's 127%, though gold leads in 2025 with approximately 59% year-to-date gains.

Strategy Inc. has transferred 11,642 Bitcoin valued at approximately $1 billion to Fidelity's custody services, bringing its total deposits with the asset manager to roughly 177,351 BTC worth around $16.5 billion. Mizuho Financial Group maintained its buy rating on Strategy with a $484 price target. Analyst James E. Thorne identified the stock's approach to its rising 200-week moving average as a potential entry point.

Binance will remove FDUSD-denominated margin pairs from cross and isolated markets on December 11, 2025. Borrowing for these pairs ends December 8. The delisting affects over 20 tokens including PENGU, NOT, FLOKI, and ORDI, with all positions force-closed and orders canceled at implementation.

World Liberty Fi transferred 250 million WLFI tokens worth $40 million to wallets linked to Jump Trading, data show. The tokens were deposited into trading wallets showing moderate DEX activity, though they remained unmoved in the initial hours. WLFI currently trades at $0.15, near its three-month low.