‍LBank Lists Stable (STABLE) With $90,000 Prize and Zero Fees LBank has announced the listing of Stable (STABLE), a Layer 1 blockchain native asset, with trading commencing on December 8, 2025, at 13:00 (UTC). The STABLE/USDT pair will feature zero trading fees. To celebrate, LBank has launched a promotional campaign with a $90,000 reward pool. This includes a $40,000 Boosthub event and a $50,000 Mega Launch event with airdrops and a trading competition. Stable is the first Layer 1 network designed for the USDt ecosystem, optimized for speed, scalability, and compliance, using USDt for transaction fees.
‍Binance Secures Full Regulatory Approval in Abu Dhabi's ADGM Binance has obtained three licenses from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). These approvals cover trading, clearing, custody, and brokerage services for digital assets. This milestone provides Binance with a comprehensive legal framework to base its global operations and reinforces Abu Dhabi's position as a hub for digital assets. Regulated activities are set to commence on January 5, 2026, enhancing consumer protection and operational stability.
‍Bitcoin Tests Key Support Amid Fed Rate Decision Anticipation Bitcoin (BTC) is currently defending the 0.382 Fibonacci retracement level, a critical juncture for its short-term trajectory. A breach below this support could lead to a decline towards $76,000. The market is also closely monitoring the upcoming Federal Reserve meeting. While a 0.25% rate cut is largely expected, attention is focused on Fed Chair Jerome Powell's forward guidance, which could significantly influence market direction and liquidity inflows.
‍Coinbase Resumes Operations in India, Eyes Fiat Purchases by 2026 Coinbase has officially re-entered the Indian market, reopening user registrations after a two-year hiatus. Initially, Indian customers can conduct crypto-to-crypto transactions. Coinbase plans to introduce full fiat-to-crypto services by 2026. The exchange secured registration with India's Financial Intelligence Unit (FIU), complying with AML norms. Challenges include India's 30% digital-asset income tax and a 1% TDS on trades. Coinbase's Asia-Pacific Director, John O’Loghlen, stated the company plans to launch a fiat on-ramp in 2026, allowing direct Indian rupee deposits for digital asset purchases. Coinbase is also increasing investment in CoinDCX and expanding its local workforce.
‍Vitalik Buterin Proposes Ethereum Gas Futures Market Ethereum co-founder Vitalik Buterin has proposed an onchain gas futures market to combat transaction fee volatility. This concept would allow users, especially high-volume traders and dApps, to hedge against potential gas price spikes by prepaying for gas at a fixed future rate. While average Ethereum gas fees have declined in 2025, the network has experienced significant fluctuations, highlighting the need for greater cost predictability.
‍BRICS Nations Prototype Gold-Backed Digital Currency "Unit" The BRICS group is reportedly developing a prototype for a new digital trade currency named "Unit," aiming to facilitate international transactions independent of the U.S. dollar. The "Unit" is backed by a reserve basket consisting of 40% physical gold and 60% BRICS member currencies. Initially pegged to one gram of gold, its value will fluctuate daily based on its constituent assets. This initiative represents a tangible step towards de-dollarization and a multi-polar financial landscape.
‍Upbit Freezes $1.77 Million in Hacked Crypto South Korean exchange Upbit has frozen approximately $1.77 million in virtual assets linked to a recent security breach. The platform is utilizing its proprietary On-Chain Tracking Service (OTS) and collaborating with global exchanges to recover the remaining funds. Upbit has covered all customer losses from its operational funds, ensuring users are not financially impacted. The exchange emphasizes the importance of industry-wide cooperation to build a secure crypto ecosystem.
‍Dubai Customs and Binance Partner for Blockchain-Powered Trade Payments Dubai Customs and Binance have signed a strategic agreement to launch cryptocurrency payment services. This partnership aims to boost trade efficiency and investment in Dubai by leveraging blockchain technology for commercial transactions and logistics. The initiative seeks to simplify import/export processes and attract SMEs through digital payment solutions like Binance Pay. This collaboration positions Dubai as a leader in adopting digital assets for global trade.
‍WisdomTree Launches Tokenized Fund Bridging Traditional Finance and Blockchain Global asset manager WisdomTree has introduced the WisdomTree Equity Premium Income Digital Fund (EPXC), integrating traditional investment strategies with blockchain technology. The fund tracks the Volos U.S. Large Cap Target 2.5% PutWrite Index, utilizing a "sell-put" strategy to generate income. This move highlights the growing convergence of traditional finance and blockchain, aiming to enhance transparency and efficiency. It paves the way for tokenizing more asset classes and complex strategies, potentially democratizing access to sophisticated financial instruments.
‍Canada Intensifies Crypto Tax Scrutiny, Acquires Dapper Labs User Data The Canada Revenue Agency (CRA) has acquired user data from Dapper Labs as part of its ongoing efforts to combat cryptocurrency tax evasion. This move aims to enhance tax compliance within the digital asset space. The CRA has processed over 230 crypto-related files in the past three years, recovering approximately CAD 100 million in taxes. Despite these efforts, the agency faces challenges in reliably identifying and assessing taxpayers in this sector. The acquired data from Dapper Labs, encompassing 2,500 individuals, is intended to bolster enforcement capabilities in the complex digital asset landscape.