JPMorgan considers offering cryptocurrency spot and derivatives trading to institutional clients: According to Bloomberg, JPMorgan is assessing its market department's product services, planning to expand its cryptocurrency business, and aims to provide cryptocurrency spot and derivatives trading services for institutional clients, following the trend of major global banks deepening their participation in crypto assets.
Japan's Bitcoin treasury Metaplanet approved the issuance of dividend preferred shares for institutional fundraising: Metaplanet approved a capital structure reform on Monday, allowing the issuance of dividend preferred shares to raise funds, doubling the authorized quantity of Class A and B preferred shares, with Class A monthly floating dividends, Class B quarterly dividends, and opening up to international institutional investors. The company holds approximately 30,823 bitcoins (worth $2.75 billion), making it the largest corporate bitcoin holder in Asia, and will also trade through American Depositary Receipts in the U.S. over-the-counter market.
Federal banking regulators confirm that banks can legally engage in cryptocurrency trading and custody: U.S. federal banking regulators have clarified that banks can legally conduct cryptocurrency trading and custody business, providing regulatory certainty for traditional financial institutions to enter the crypto space.
Bank startup Erebor raises $350 million after receiving FDIC approval, focusing on crypto and other innovative fields: Erebor, co-founded by Anduril CEO, completed a $350 million financing after receiving FDIC approval to establish a national bank, with an estimated valuation of about $4.35 billion. The bank plans to offer traditional banking and crypto-related products, serving virtual currency, AI, and other innovative economy enterprises, and is expected to officially launch next year.
18 bipartisan lawmakers push for resolution on crypto staking 'double taxation' before 2026: 18 bipartisan members of the U.S. House of Representatives wrote to the IRS acting commissioner requesting a review and update of crypto staking tax laws, suggesting that the tax point for staking rewards be adjusted to the time of asset sale, ensuring taxation based on actual economic gains and ending the 'double taxation' issue.
Ghana passes legislation to officially legalize the use of cryptocurrency: The Ghanaian Parliament approved the Virtual Asset Service Providers Bill, aimed at regulating the licensing and activities of crypto platforms, addressing the issue of expanding crypto usage without regulation, and providing a legal framework for the development of the local crypto industry.
Coinbase acquires The Clearing Company, deepening its predictive market layout: Coinbase has reached an agreement to acquire the predictive market startup The Clearing Company, with the transaction expected to be completed in January 2026. This is an important step in its 'full-service exchange' strategy; the startup previously received $15 million in seed funding from Coinbase Ventures, and the team will join Coinbase to expand predictive market products.
The Aave community today initiated a vote on 'brand asset control rights transfer to token holders': The Aave community will open the ARFC proposal vote on Snapshot at 10:40 on December 23, lasting until the 26th. The proposal will clarify the ownership and usage rights of brand assets and intellectual property, granting DAO control rights and promoting upgrades in community self-governance.
Vitalik suggests embedded wallets support connection to existing wallets as a recovery method: Ethereum co-founder Vitalik Buterin suggested while sharing a Walletbeat update that when users use a dapp with an embedded wallet, if they already have an Ethereum wallet, the system should automatically set it as the recovery method, enhancing wallet security and convenience.
