At the UBS Global Technology and AI conference, Western Union CFO Matthew Cagwin presented a new "stable card" designed to help recipients in high-inflation countries preserve the value of remittances. The card will hold USD-pegged stablecoins and sits within a wider strategy that includes Western Union's own USD Payment Token and a Solana-based Digital Asset Network linking digital and fiat payment rails, according to Cagwin.

In testimony in November 2025, Acting Comptroller Jonathan V. Gould said cryptocurrency firms applying for federal bank charters should be treated the same as traditional banks. He added the OCC received 14 digital-asset-related charter applications in 2025, signaling rising demand for federally chartered crypto banking.

U.S. senators are negotiating a comprehensive crypto framework that would clarify the oversight roles of the SEC and CFTC. On December 8, Senator Bernie Moreno criticized the talks at a Washington, D.C. policy summit, and sources said Democrats and Republicans plan to meet on December 9. Committee leaders are considering a markup as early as December 17–18, though the schedule remains uncertain.

A public court filing dated Monday, December 8, shows US District Judge Paul Engelmayer seeking detailed information on the charges and potential sentences Do Kwon faces in South Korea and Montenegro. Kwon is scheduled to be sentenced in the Southern District of New York on Thursday, December 11, after pleading guilty to wire fraud and conspiracy. Defense attorneys have asked for a sentence of five years, while prosecutors are seeking at least twelve years.

As of December 9, 2025, the European Commission has fined X £120 million ($140 million) for violating the Digital Services Act after a two-year investigation, according to the Commission. Elon Musk has responded to the ruling, while U.S. officials Marco Rubio and JD Vance have criticized the decision. EU regulators cited issues with the design of blue checkmarks, transparency in X's advertising repository, and access to public data for researchers.

On 8 December 2025, Philippine digital bank GoTyme began allowing retail customers to buy cryptocurrencies directly in its app through a partnership with U.S. fintech Alpaca. The service automatically converts Philippine pesos to U.S. dollars and supports Bitcoin, Ether, Solana, Polkadot and other listed assets, targeting easier crypto access for more than 6.5 million account holders.

The Supreme Court of British Columbia has ordered the forfeiture of approximately $1 million in cash, gold, and luxury items tied to QuadrigaCX co-founder Michael Patryn. The assets—seized in 2021 under an Unexplained Wealth Order—will now be liquidated after Patryn withdrew his legal response, marking a significant step in the province’s civil action linked to the infamous crypto exchange’s collapse.

Canada’s tax authority has stepped up crypto enforcement by focusing a probe on 2,500 Dapper Labs users linked to about C$72 million ($54 million) in suspected unpaid taxes, according to The Canadian Press. A court approved an “unnamed persons requirement” in September allowing officials to obtain user data. Despite recovering more than C$100 million through crypto audits over the past three years, the agency has not brought criminal charges in any crypto tax case since 2020.