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HashKey Holdings Ltd., operator of Hong Kong’s largest licensed cryptocurrency exchange, made its trading debut on the Hong Kong Stock Exchange on December 17, 2025, with shares experiencing volatility reflective of broader market caution. The company raised approximately HK$1.6 billion ($206 million) in its initial public offering, pricing 240.6 million shares at HK$6.68 each—near the upper end of the HK$5.95–HK$6.95 …

Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, has reiterated that cryptocurrencies will never be recognized as money or legal tender in Russia, emphasizing that all domestic payments must be conducted exclusively in rubles. Speaking at a TASS press conference on December 15, 2025, Aksakov stated: “It must be understood that cryptocurrencies will never become money within …

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 …

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 …

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 …