The US Department of Justice, FBI, and Secret Service formed the Scam Center Strike Force on November 12, 2025, to target cryptocurrency fraud operations linked to Chinese transnational crime groups. The initiative addresses investment scams that defraud Americans of billions annually through fake crypto platforms, according to US Attorney Jeanine Ferris Pirro. Federal authorities have seized over $401 million in cryptocurrency assets to date.

Cybersecurity firm Koi Security has identified a sophisticated malware campaign targeting Visual Studio Code extensions that steals credentials for GitHub, Open VSX, and cryptocurrency wallets. The malware uses invisible Unicode characters to evade detection and leverages the Solana blockchain as its command-and-control infrastructure. Seven extensions were reinfected on October 17, accumulating 35,800 downloads, with ten infected extensions remaining publicly available.

XRP declined more than 9% on November 8, 2025, extending its monthly slide despite announcements at Ripple's Swell conference held November 4–5 in New York. The token traded around $2.19 in early sessions before recovering to $2.30, yet faced resistance at $2.40. Market participants sold following the event, exhibiting classic buy-the-rumor, sell-the-news behavior.

Richard Teng, CEO of Binance, warned on November 7, 2025, of rising phishing scams on WhatsApp, where fraudsters impersonate company representatives to steal credentials and funds. The exchange never contacts users via WhatsApp group chats for investments or payments. Meta removed over 6.8 million scam-linked accounts in the first half of 2025, many connected to Southeast Asian fraud operations.

Binance traders have shifted capital into XRP futures contracts while reducing Bitcoin and Ethereum exposure over the past 72 hours. XRP futures volume reached $8.4 billion against $1.7 billion in spot trading, with Open Interest at $3.40 billion. Bitcoin's Open Interest declined by $59.87 million and Ethereum's fell by $148.69 million during the same period.

The XRP Ledger added 21,595 new addresses over 48 hours, marking its fastest wallet growth since July, data show. Network activity reached 1.9 million daily transactions on November 3. XRP rebounded 10% to $2.30 after falling to $2.09.

President Donald Trump declared the end of the federal crackdown on cryptocurrency during remarks at the America Business Forum in Miami on Wednesday. He emphasized China's ambitions in digital assets and urged swift action to maintain American leadership. Trump pledged to establish the US as the Bitcoin superpower and global crypto capital.

Canada's Department of Finance unveiled a stablecoin regulation proposal in its 2025 budget plan requiring issuers to maintain adequate reserves and clear redemption policies. The Bank of Canada will allocate $10 million for implementation in fiscal years 2026–2027, with $5 million annual operating costs funded by issuer fees under the Retail Payment Activities Act.

RLUSD, the US dollar-backed stablecoin issued by Ripple, crossed the $1 billion market capitalization threshold on November 3, 2025. Data show the milestone positions RLUSD as the 10th-largest USD stablecoin by market cap. The token launched in December 2024 and recorded 1,278% year-to-date growth.