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According to ChainCatcher, Ant International, HSBC, and Swift have successfully tested cross-border transfers using tokenized deposits. This marks the first instance of utilizing the Swift network and ISO 20022 messaging standards for cross-border tokenized deposit payments. Ant International and HSBC in Singapore connected Ant's blockchain infrastructure to the Swift network during the test. This enabled real-time cross-border fund management between Singapore and Hong Kong through HSBC's tokenized deposit service. Swift and HSBC introduced a universal protocol, allowing Ant International to avoid establishing separate bilateral arrangements with each bank. The three companies stated that the solution achieved blockchain interoperability on the Swift network through the ISO 20022 standard, combining Ant International's technology with HSBC's tokenized deposit service.

According to BlockBeats, U.S. Senate Banking Committee Chairman Tim Scott announced significant progress in advancing a comprehensive cryptocurrency bill into law following a meeting with top banking CEOs. On Thursday, Scott met with Brian Moynihan of Bank of America, Jane Fraser of Citigroup, and Charlie Scharf of Wells Fargo to discuss this landmark legislation. The proposed bill aims to establish regulatory guidelines for the digital asset industry and empower agencies like the SEC and CFTC. This week, the three banking CEOs are expected to meet with senators to further discuss the cryptocurrency legislative proposal. The meetings are reportedly held separately with Democrats and Republicans, both described as "cordial." Insiders revealed that discussions covered topics such as yields, decentralized finance, and anti-money laundering measures. The banking association has identified gaps in the GENIUS Act, which became law this summer. They argue that the law inadequately restricts stablecoin issuers from paying interest to holders, potentially making these assets more attractive as value storage and credit mechanisms rather than just payment tools, thus creating "market-distorting incentives" for the banking sector. Additionally, banking groups believe that the restrictions imposed by the GENIUS Act can be easily circumvented by exchanges, brokers, and other related parties.

According to PANews, Glassnode recently analyzed on the X platform that the unrealized losses across the cryptocurrency ecosystem have surged to approximately $350 billion. Of this, Bitcoin alone accounts for about $85 billion in unrealized losses. As several on-chain indicators suggest a contraction in overall liquidity, the market is likely to experience high volatility in the coming weeks.

According to PANews, Blockstream researchers Mikhail Kudinov and Jonas Nick have examined various methods to upgrade the Bitcoin blockchain for quantum resistance in a revised paper published on December 5. They propose hash-based signatures as an attractive post-quantum solution due to their security relying solely on hash function assumptions, similar to Bitcoin's foundational design. Kudinov shared his findings with the Bitcoin developer mailing list, noting that these schemes have undergone extensive cryptanalysis during the National Institute of Standards and Technology's (NIST) post-quantum standardization process, boosting confidence in their robustness. Hash-based signatures depend on hash functions, which are considered quantum-resistant mathematical algorithms. Unlike Bitcoin's public key encryption, quantum algorithms struggle to break hash functions. By simply increasing the output size, hash functions can counteract brute-force searches by quantum computers, ensuring the security of applications like digital signatures. However, the implementation of hash-based signatures remains under discussion. Decisions are needed on issues such as maintaining low verification costs, standardizing various hash-based signature implementations, and whether the entire network's historical record is necessary for transaction verification.

According to BlockBeats On-chain Detection, a newly created wallet address has received 700 bitcoins from Galaxy Digital. This transaction adds to the wallet's total holdings, which now amount to 1,900 bitcoins. The acquisition of these bitcoins has been ongoing since December 9 through an over-the-counter (OTC) platform. The wallet address in question is bc1qp8sepu0sa8kv497kn9s9jfukg7c7eg5yyuhc4w.

According to PANews, Glassnode has analyzed on the X platform that the Ethereum spot ETF is showing signs of recovery after experiencing several weeks of continuous outflows. Moderate inflows have begun to appear, suggesting a reduction in redemption pressure. If this trend continues and net inflows are sustained, it could indicate an improvement in demand before the end of the year.

According to PANews, the U.S. Senate is approaching the final stages of confirming key appointments for the Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC), both of which are expected to play significant roles in regulating the U.S. cryptocurrency industry. The nominees, appointed by U.S. President Donald Trump, are undergoing the Senate confirmation process, which is nearing completion. However, the final vote may still take several days. On Thursday, the Senate passed a resolution with a 52-47 vote, bringing Mike Selig closer to taking over the CFTC, while the decision on Travis Hill's potential appointment as FDIC chairman is also imminent. A spokesperson for Senate Majority Whip John Barrasso posted on the X platform, indicating that the final vote could occur "early next week." Senate Republicans are considering an unusual approach by confirming dozens of Trump's nominees in a single session. Among the 97 confirmation items awaiting a vote, Selig and Hill are just two of the candidates.

According to ChainCatcher, Michael Hsu, the acting Comptroller of the Currency at the U.S. Office of the Comptroller of the Currency (OCC), has joined venture capital firm Core Innovation Capital as a venture partner. In his new role, Hsu will provide support to startup founders in areas of regulatory compliance and policy engagement.

According to PANews, the Financial Stability Oversight Council (FSOC) has decided not to include cryptocurrencies in its annual list of risks to the U.S. financial system. This change reflects a broader shift in focus away from the vulnerabilities of the financial system. The 2025 FSOC report has entirely removed the term 'vulnerability,' which was previously common in such analyses. In the opening letter of the report, Treasury Secretary Scott Bessent acknowledged that past analyses concentrated on identifying potential threats to the financial system. The 2025 report does not offer recommendations regarding digital assets nor express explicit concerns about the industry. It details how U.S. financial regulators with authority over cryptocurrency have altered their previous policy positions. While the report generally praises the advantages of digital assets, it notes in the 'illegal finance' subsection that stablecoins could be misused to facilitate illicit financial transactions. However, it also predicts that the continued use of dollar-denominated stablecoins over the next decade is expected to further solidify the dollar's position in the international financial system.

According to ChainCatcher, data from hyperbot reveals that a major investor known as the 'October 11 Flash Crash Insider Whale' has significantly increased their Ethereum (ETH) holdings. Nine hours ago, the whale expanded their position to 140,094.5238 ETH, up from an initial 120,094.5238 ETH, adding 20,000 ETH to their portfolio. The average opening price for these holdings is $3,179.54, resulting in an unrealized profit of approximately $8.33 million. Additionally, early this morning at 4 a.m. UTC+8, the whale opened new positions with 100,000 Solana (SOL) and 958.91 Bitcoin (BTC). These positions have generated unrealized profits of $60,000 and $910,000, respectively. The total value of the whale's holdings now stands at $556 million, with total unrealized profits reaching $9.3 million.

According to ChainCatcher, the U.S. dollar index, which measures the dollar against six major currencies, fell by 0.45% on December 11, closing at 98.346 in the foreign exchange market. The euro rose to 1.174 against the dollar, compared to 1.1678 the previous day. The British pound increased to 1.3389 from 1.3365. The dollar weakened against the Japanese yen, trading at 155.61, down from 156.26. Similarly, the dollar fell against the Swiss franc, closing at 0.7951 from 0.8011. The Canadian dollar strengthened, with the exchange rate moving to 1.3779 from 1.381. The Swedish krona also saw gains, with the dollar trading at 9.2542, down from 9.2864.

According to PANews, the U.S. Securities and Exchange Commission (SEC) has granted permission to the Depository Trust & Clearing Corporation (DTCC) to host and recognize tokenized stocks and other real-world assets (RWA) on a blockchain. This approval allows DTCC to offer tokenization services on a pre-approved blockchain for a three-year period. SEC Commissioner Hester Peirce stated that although the project is still in its pilot phase and subject to various operational constraints, it represents a significant step towards market migration onto the blockchain. Michael Winnike, DTCC's Global Head of Strategy and Market Solutions for Clearing and Securities Services, mentioned in an interview that following the approval, DTCC plans to extend its record-keeping operations to the blockchain. DTCC plays a crucial role in the U.S. financial system as a central clearing and settlement hub for stocks and fixed income products. Many liquid assets in the U.S. market are stored in DTCC's custody division, the Depository Trust Co. The company anticipates launching its new tokenization services in the latter half of next year.

According to ChainCatcher, the U.S. Commodity Futures Trading Commission (CFTC) is retracting outdated and overly complex guidelines related to digital asset delivery. Acting Chair Caroline Pham announced that the agency will withdraw the 2020 guidance under the Dodd-Frank Act, a federal law enacted in 2010 to address the 2008 financial crisis. The guidance focused on the 'actual delivery' of digital assets. Pham stated that this move is part of recommendations from the President's Working Group on Financial Markets report on digital assets. This summer, the White House released an extensive report on cryptocurrency, addressing issues such as illicit finance and taxation, and suggested granting the CFTC authority to regulate digital assets. 'Today's announcement demonstrates that decisive action can make tangible progress in facilitating Americans' access to safe U.S. markets, thereby protecting their interests,' Pham said on Thursday.

According to ChainCatcher, CME's "FedWatch" tool indicates a 24.4% probability of the Federal Reserve cutting interest rates by 25 basis points in January next year, while the likelihood of maintaining the current rates stands at 75.6%. By March, the probability of a cumulative 25 basis point rate cut increases to 40.4%, with a 52% chance of rates remaining unchanged. Additionally, there is a 7.6% probability of a cumulative 50 basis point rate cut by March.

According to Cointelegraph, Pakistan is positioning Bitcoin and digital assets as pivotal components of a new financial infrastructure for its 240 million citizens. This development was highlighted by Bilal Bin Saqib, chairman of Pakistan’s Virtual Asset Regulatory Authority (PVARA), during the Bitcoin MENA Conference. Saqib emphasized the need for Pakistan to move beyond traditional economic models, advocating for digital assets as a foundational element of a new financial system for the global south. He stated that these assets should be viewed not merely as speculative tools but as essential infrastructure. Saqib, who previously served as a special assistant to the prime minister on blockchain and crypto, is tasked with transforming Pakistan's large, unregulated crypto market into a compliant and investment-ready ecosystem. He pointed out that with 70% of Pakistan's population under the age of 30, the country has the demographic advantage and scale to establish a regulated crypto ecosystem. Saqib drew a parallel with El Salvador, suggesting that if a country with a population of 6 million can successfully integrate Bitcoin, Pakistan, with its significantly larger population and rapidly growing digital sector, can achieve even greater success. Pakistan's crypto market is one of the fastest-growing globally, having climbed to third place in Chainalysis’ 2025 Global Crypto Adoption Index. In May, Saqib announced plans for Pakistan to establish a strategic Bitcoin reserve and adopt more pro-crypto regulatory policies. That same month, the country allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centers, aiming to attract foreign investment and create high-tech jobs by channeling excess power into AI and crypto infrastructure. In September, Pakistan extended an invitation to global crypto companies to apply for licenses under its new federal regulatory framework. The PVARA called for expressions of interest from major exchanges and service providers looking to enter the Pakistani market. This move is part of a broader strategy to integrate digital assets into the national economy, signaling a significant shift towards embracing cryptocurrency and blockchain technology as key drivers of economic growth.

On Dec 11, 2025, 21:33 PM(UTC). According to Binance Market Data, BNB has crossed the 890 USDT benchmark and is now trading at 890.080017 USDT, with a narrowed narrowed 0.76% decrease in 24 hours.

On Dec 11, 2025, 21:18 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 93,000 USDT benchmark and is now trading at 93,110.078125 USDT, with a narrowed 0.81% increase in 24 hours.

On Dec 11, 2025, 21:08 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 92,000 USDT benchmark and is now trading at 92,226.648438 USDT, with a narrowed 0.31% increase in 24 hours.

According to ChainCatcher, the New York Federal Reserve's operations desk is set to conduct approximately $40 billion in reserve management purchases from December 12 to January 14.

According to ChainCatcher, market data indicates that ETH has experienced significant volatility, currently priced at $3,215.28. Within a span of five minutes, it recorded a sharp decline of 6.29%. Investors are advised to be cautious of market risks.