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Canada’s Central Bank Calls for Strong Reserve Backing for Stablecoins

Bank of Canada Governor Tiff Macklem emphasized the need for robust reserve backing and regulatory safeguards for stablecoins in a speech on December 16, 2025, as the country prepares to implement a new federal framework in 2026. Delivering remarks to the Chamber of Commerce of Metropolitan Montreal, Macklem stated that stablecoins must be pegged one-to-one to a central bank currency—such …

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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 …

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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 …

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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) …

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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 …

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