Metaplanet approved a capital restructuring on Monday to raise institutional funds via dividend preference shares, aiming to strengthen its Bitcoin treasury. The plan targets up to $150 million, introduces monthly dividends for Class A and quarterly payouts for Class B, and advances U.S. market access through American Depositary Receipts and OTC trading.

On December 16, 2025, BGD Labs co-founder Ernesto Boado submitted an ARFC proposal to transfer Aave’s brand assets from entities such as Aave Labs to a DAO-controlled structure. A vote on this "Transfer of Brand Asset Control" will be held on Snapshot starting December 23, 2025, potentially granting AAVE token holders direct influence over domains, social platforms, and naming rights. Ahead of the vote, AAVE trades at $161.35 with a market cap of $2.47 billion and has seen a 9.12% price drop in 24 hours, reflecting heightened volatility.

Ohio Representative Max Miller and Nevada Representative Steven Horsford are drafting a US House bill to create a tax safe harbor for cryptocurrency and stablecoin transactions. The proposal would exempt certain regulated stablecoins from capital gains tax and move crypto taxation closer to existing securities rules, potentially influencing market participation and digital asset adoption.

MSCI is reviewing whether to remove MicroStrategy and dozens of other listed companies with large digital asset holdings from its indices, with a decision expected by January 15. Analysts estimate this move could trigger up to $2.8 billion in outflows from MicroStrategy-linked funds and as much as $10–15 billion across affected firms, potentially impacting Bitcoin volatility and the viability of crypto-heavy treasury strategies.

On December 21, VanEck amended its AVAX spot ETF filing to introduce a staking component that would allocate 70% of the fund's AVAX to staking through Coinbase Crypto Services, subject to implementation. The planned structure includes a 4% service fee on staking rewards, aiming to improve yield, while Avalanche trades around $12 with a multi-billion-dollar market capitalization and notable recent price declines. The proposal has yet to receive formal confirmation from VanEck or regulators, leaving market participants to speculate on its potential impact on AVAX demand and ETF design.

World Liberty Financial has put forward a proposal to allocate up to 5% of WLFI token reserves to support the USD1 stablecoin partnership, targeting strategic collaborations and liquidity incentives. The plan has sparked disagreement among token holders over potential effects on WLFI's price and the interests of investors, particularly with about 80% of tokens reported as locked. As of December 20, 2025, WLFI is priced at $0.13 with a market cap near $3.59 billion and a 45.58% drop over the previous 90 days, while trading volume has fallen sharply in the last 24 hours.

On December 20, Tether CEO Paolo Ardoino announced via social media that the company is recruiting a Chief Software Engineer to lead development of an AI-powered mobile cryptocurrency wallet using its open-source Wallet Development Kit and the QVAC AI platform. The planned non-custodial wallet is intended to improve user control over digital assets through AI-driven personalization, while analysts are cautiously watching how this initiative could influence Bitcoin and stablecoin market dynamics.

VanEck filed a third amendment with the SEC for a spot Avalanche (AVAX) ETF, seeking a Nasdaq listing under the ticker VAVX. The filing sets a 0.30% management fee and names Coinbase Crypto Services for staking, Anchorage Digital Bank as primary custodian, and State Street for cash. It also references Coinbase Custody for secondary services.

Gemini, joined by more than 125 organizations, has asked the U.S. Congress to retain the Genius Act's original language to preserve stablecoin reward programs. The coalition argues that curbing rewards would weaken competition and user incentives across platforms such as Gemini, Kraken, and Coinbase. The Genius Act was passed in June 2025.