Business

December, 2025

  • 17 December

    Exodus and MoonPay Launch Dollar-Backed Stablecoin for Everyday Payments

    Exodus Movement Inc., the company behind the popular self-custodial cryptocurrency wallet, has announced a partnership with MoonPay and stablecoin infrastructure provider M0 to introduce a fully reserved, USD-backed digital dollar stablecoin targeted at everyday payments. Revealed on December 16, 2025, the yet-to-be-named stablecoin will be issued and managed by MoonPay, leveraging M0’s open platform for custom, programmable stablecoins. It is …

  • 17 December

    Marshall Islands Launches Universal Basic Income With Crypto Payments

    The Republic of the Marshall Islands has rolled out a groundbreaking universal basic income (UBI) program, becoming the first nation to offer citizens the option to receive quarterly payments via blockchain-delivered, US dollar-pegged digital tokens. Known locally as ENRA, the initiative provides every resident citizen with approximately $200 every three months—totaling $800 annually—to alleviate cost-of-living pressures and serve as a …

  • 17 December

    Warren Presses DOJ and Treasury Over Potential DeFi Exchange Probe

    U.S. Senator Elizabeth Warren (D-Mass.) has sent a letter to Treasury Secretary Scott Bessent and Attorney General Pamela Bondi inquiring whether their agencies are actively investigating national security risks associated with decentralized finance (DeFi) platforms, specifically highlighting decentralized exchanges like PancakeSwap. Dated December 16, 2025, the letter expresses concerns that DeFi’s permissionless nature—lacking robust know-your-customer (KYC) and anti-money laundering (AML) …

  • 17 December

    Gemini and PancakeSwap Launch Prediction Markets Amid Growing Crypto Trend

    Gemini has rolled out its long-awaited prediction markets platform across all 50 U.S. states, while decentralized exchange PancakeSwap announced support for Probable, a new on-chain prediction market set to launch on BNB Chain, highlighting the sector’s rapid expansion in late 2025. On December 15, 2025, Gemini introduced Gemini Predictions, offering regulated event contracts on real-world outcomes—from crypto prices and economic …

  • 17 December

    Bhutan Pledges $1B in Bitcoin to Build ‘Mindfulness City,’ Won’t Sell Reserves

    The Kingdom of Bhutan has committed up to 10,000 Bitcoin—valued at approximately $1 billion—to support the long-term growth of Gelephu Mindfulness City (GMC), a visionary economic hub blending sustainability, innovation, and Buddhist-inspired principles. Announced by King Jigme Khesar Namgyel Wangchuck during his National Day Address on December 17, 2025, the “Bitcoin Development Pledge” positions the cryptocurrency as a strategic national …

  • 17 December

    Asia Market Open: Bitcoin Holds $87K as Stocks Edge Higher on Mixed U.S. Jobs Data

    Asian markets opened cautiously on December 17, 2025, with equities posting modest gains despite lingering concerns over a softening U.S. labor market. Bitcoin recovered to around $87,000 in early trading, rebounding from recent dips as traders assessed mixed macroeconomic signals. The latest U.S. jobs report, released on December 16, revealed a sharp slowdown: nonfarm payrolls added only 64,000 jobs in …

  • 17 December

    U.S. Banks Get Green Light to Issue Stablecoins as FDIC Implements GENIUS Act

    The Federal Deposit Insurance Corporation (FDIC) has taken a significant step toward implementing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act by approving a notice of proposed rulemaking on December 16, 2025. The proposal outlines an application process for FDIC-supervised banks to seek approval to issue payment stablecoins through dedicated subsidiaries. Signed into law by President Donald …

  • 17 December

    Robinhood Rolls Out Sports Betting Feature Before NFL Playoffs

    Robinhood Markets Inc. has expanded its prediction markets platform with new sports-focused features, including player proposition bets and preset combination contracts for NFL games, just in time for the upcoming playoffs starting in January 2026. Announced on December 16, 2025, the updates allow users to trade event contracts on individual player performances—such as touchdowns, passing yards, or rushing stats—as well …

  • 17 December

    SBF’s Ex Caroline Ellison Moved to Early Community Confinement

    Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried (SBF), has been quietly transferred to community confinement after serving approximately 11 months of her two-year prison sentence. The move, which occurred on October 16, 2025, places her in a less restrictive setting—likely a halfway house or home confinement—while she remains under federal supervision. Ellison, …

  • 16 December

    ON A SPECIAL VISIT TO VANTARA, LIONEL MESSI EXPERIENCES UNFORGETTABLE ENCOUNTERS WITH SACRED INDIAN TRADITIONS AND WILDLIFE

    Jamnagar, India, 16 December, 2025: Global football icon Lionel Messi made a special visit to Vantara, a wildlife rescue, rehabilitation and conservation centre founded by Anant Ambani. At the centre, initiatives traditionally begin with seeking blessings in accordance with Sanatana Dharma, which emphasises reverence for nature and respect for all living beings. Messi’s visit reflected this cultural ethos as he participated in …