According to reports, various meme coins on the Solana blockchain have recently performed outstandingly, especially PIPPIN with a pump of 35.5%, ACT up 14.1%, WhiteWhale up 20.9%, and snowball even up 51.6%. BlockBeats reminds investors to be cautious of the high risks and fluctuations associated with meme coin trading.

BlockBeats news, on December 23, 2025, the cryptocurrency industry experienced unprecedented upheaval and turning points. From Trump's pro-crypto policies since taking office, the departure of SEC Chairman Gary Gensler, the signing of the GENIUS Act, and the continued popularity of Bitcoin ETFs, to the creation of the highest single-day liquidation event in crypto history during the big dump on October 11, the major events of this year have been like a roller coaster ride. Trump - undoubtedly the most influential presence on the crypto market trends in 2025. The emergence of TRUMP coin marked the peak of FOMO in the market, while a series of tariff-related news triggered a big dump in the crypto market, and the signing of an executive order allowing retirement accounts to invest in crypto once again led Bitcoin to start a pump, setting a new historical high. The regulatory environment shifted from strict enforcement to innovation-friendly, as the U.S. officially moved towards "加.

Ethereum (ETH) is facing significant phase pressure. Recent data shows that after several weeks of capital inflows, approximately $555 million was withdrawn from Ethereum-related products last week, making it the largest outflow among digital asset funds during that period. This change has significantly cooled market expectations for "Ethereum to dominate the altcoin season in 2026." According to data disclosed by CoinShares, this is the first week of net outflow for Ethereum in a month. Analysts believe that the delay of the Clarity Act at a critical juncture is one of the important factors triggering the capital withdrawal. The flow of funds shows that almost all ETH outflows come from the US market, indicating that the price trend of Ethereum is highly related to the US crypto regulatory environment.

Recently, there has been a new development in Wyoming politics. Representative Harriet Hageman released a five-second video shortly after Senator Cynthia Lummis confirmed her resignation, featuring only the word "Soon" next to her avatar. This move quickly broke the months of silence on her social media account and is seen by outsiders as a strong signal that she may run for the Wyoming Senate seat in 2026. Lummis has long been regarded as one of the staunchest supporters of cryptocurrency in the U.S. Congress. She has played a key role in advancing legislation on crypto market structure, regulatory frameworks for stablecoins, and banking access for digital asset companies, and has co-sponsored important proposals such as the Responsible Financial Innovation Act. As she nears retirement, the digital asset industry may lose a highly influential ally in the Senate.

Golden Finance reports that Japan's Finance Minister Katsuyuki Kitamura has stated: "I have received 'full authorization' to take decisive action on the yen. Actions can be taken based on the US-Japan joint protocol, and we are always ready to act."

Due to the delay in the passage of the U.S. Clarity Act, prolonged regulatory uncertainty, and concerns about Whale dumping, there has been a significant capital withdrawal from digital asset investment products. The latest data shows that the net outflow of funds from related investment vehicles reached $952 million in a single week, marking the first negative turn after four consecutive weeks of inflows, indicating a notable weakening of market sentiment. From a regional distribution perspective, this round of capital outflow is almost entirely concentrated in the U.S. market. U.S. related digital asset products recorded a net outflow of approximately $990 million, becoming the core source of global capital withdrawal. In contrast, Canada and Germany recorded capital inflows of approximately $46.2 million and $15.6 million, respectively, providing limited hedging against the overall outflow. This structural difference indicates that investors' concerns about the regulatory outlook in the U.S. are dominating market sentiment.

According to Golden Finance, on December 21 local time, Deputy Attorney General Todd Blanche defended the decision to partially release documents related to the Jeffrey Epstein case before the deadline set by Congress, stating that this move was to protect the victims of the Epstein case. Blanche promised that the Trump administration would ultimately fulfill its legal obligations. However, he emphasized that the Department of Justice has an obligation to act cautiously when releasing thousands of documents that may contain sensitive information.

Euroclear, the European Central Securities Depository, warned the European Parliament that digital finance has become a reality and that rapid action is needed to maintain a leading position. The institution proposed establishing four main pillars: 24/7 sovereign euro settlement, revised DLT mechanisms, and others, to address global competition and promote public-private sector collaboration.

Important progress has been made in the United States on cryptocurrency regulation legislation. David Sacks, the White House's Director of Artificial Intelligence and Cryptocurrency Affairs, recently stated that the highly anticipated Digital Asset Market Clarity Act has been scheduled to enter the formal review stage in the Senate in January next year. This statement is seen as an important signal for the United States to establish a clear regulatory framework for the cryptocurrency market. Sacks revealed on social platform X that he has communicated with Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman. Both key legislators confirmed that the bill will be submitted to the relevant committees for review in January. Sacks emphasized that the milestone cryptocurrency legislation, promoted by President Trump, is now "closer than ever" to passing.

Gate News Bot Message, December 18th, according to CoinMarketCap data, as of press time, PIPPIN (pippin) is currently priced at $0.39, up 14.20% in the past 24 hours, with a high of $0.53 and a low of $0.28. The 24-hour trading volume reached $61.3 million. The current market capitalization is approximately $395 million, an increase of $49.1 million from yesterday. Pippin is a community project filled with gentle miracles, shaping invisible wonders through kind words and friendly connections, creating an ecosystem called "Wobbly Worlds." The project is driven by a framework built on BabyAGI experience, blending unicorn culture with community philosophy, aiming to make every small act of kindness gently shake two worlds closer together. ## PIPPIN recent updates

Odaily Planet Daily reports that Federal Reserve Board Member Waller stated that the interest rate level is 50 to 100 basis points above the neutral rate. The Federal Reserve can act at a moderate pace without taking drastic measures, as the labor market indicates that the Fed should continue to cut interest rates. (Jinshi)

The U.S. Senate recently proposed a new legislation focused on cryptocurrency scams, drawing market attention. Democratic Senator Elissa Slotkin and Republican Senator Jerry Moran jointly introduced a bipartisan bill aimed at strengthening federal enforcement cooperation against cryptocurrency-related fraud. According to an official statement, the bill is named the "Secure and Fair Enforcement (SAFE) Crypto Act." The core content is to establish a federal task force that integrates the expertise of the Treasury Department, law enforcement agencies, financial regulators, and the private sector to collectively identify, track, and combat the growing number of digital asset scams.

Indian Civilian Party Member Raghav Chadha proposes the enactment of a "Tokenization Act" aimed at leveraging blockchain technology to promote financial modernization, achieve fractional ownership of assets, and thereby foster financial democratization. He emphasizes the need to establish regulatory sandboxes and clear legal definitions to avoid the risk of India facing data and economic sovereignty loss.

The Financial Stability Oversight Council (FSOC) has shown a significant shift in its regulatory stance on cryptocurrencies in its latest 2025 annual report. In this 86-page report, FSOC officially removed digital assets from the "Systemic Financial Risk" watchlist, marking a fundamental change in the U.S. regulators' core assessment of the crypto industry. Unlike the 2024 report, which focused on stablecoin run risks and market confidence shocks, the 2025 report no longer emphasizes risk warnings but instead highlights regulatory clarity, compliance frameworks, and the actual financial functions of digital assets. FSOC explicitly states that distributed ledger technology has practical value in enhancing transaction efficiency and security. A key background for this shift is the passage of the "Guidance and Establishment of the U.S. Stablecoin National Innovation Act" (GENIUS Act) in July 2025. This legislation provides a clear framework for stablecoin issuance, reserve management, and risk control, and is seen as a crucial institutional foundation for reducing financial stability risks and promoting stablecoin innovation in the United States.

Moonrock Capital founder Simon Dedic expressed strong dissatisfaction with Circle's acquisition of Axelar, considering it morally problematic, and criticized the exclusion of Axelar's Foundation and AXL tokens, calling it a "criminal act."

Golden Finance reports that, according to Cryptonews, Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison by the U.S. Manhattan Federal Court for orchestrating the $40 billion TerraUSD collapse. He may still face a second trial in South Korea. According to reports, the Korean prosecutors are seeking a sentence of over 30 years for Do Kwon on charges of violating the Capital Markets Act. The 34-year-old South Korean national can apply for transfer to South Korea after serving half of his sentence, and approximately 200,000 Korean investors have lost about 300 billion Korean won ($2.04 billion) as a result. U.S. District Judge Paul Engelmayer stated during last week's sentencing: "In federal prosecution history, few fraud cases have caused such severe damage." Do Kwon has admitted to the 2018...

The Deputy Governor of the Reserve Bank of India stated that India will not adopt the US "GENIUS Act" or the G7 stablecoin regulatory framework, believing that dollar-pegged stablecoins threaten monetary sovereignty, and emphasized that the country will continue to advance the Central Bank Digital Currency (CBDC) e-Rupee project.

Odaily Planet Daily reports that negotiations in the U.S. Senate over the Cryptocurrency Market Structure Act have not yet resolved multiple disagreements, and substantial progress may be delayed until January next year. The legislative text has been privately circulated among industry insiders, and industry executives briefly reviewed the current draft at a White House meeting on Thursday, hosted by President Donald Trump's crypto advisor Patrick Witt. The negotiations involve four parties: Senate Democrats, Republicans, the White House, and the crypto industry, with four major disagreements still to be resolved. These disagreements include ethical standards for government officials' involvement in digital assets, especially regarding President Donald Trump’s participation, whether stablecoins should be tied to yields, and the U.S. Securities and Exchange Commission (SEC)’s jurisdiction over tokens and its authority to regulate decentralized finance (DeFi). Patrick

PANews December 12 News, according to Bloomberg, Asia Airlines (AirAsia) operator has signed an agreement with Standard Chartered Bank Malaysia to explore the issuance of a stablecoin backed by the Malaysian Ringgit (Malaysian currency) in the Southeast Asian country. A few days earlier, a Malaysian royal announced the launch of a similar token. According to a statement released on Friday, Capital A, founded by Asia Airlines' Tony Fernandes, has signed a letter of intent with Standard Chartered Bank Malaysia Berhad. The two parties will jointly develop and test the stablecoin through the Digital Asset Innovation Hub regulated by Bank Negara Malaysia. The statement noted that Standard Chartered Bank Malaysia will act as the issuer of the stablecoin, while Capital A may pioneer wholesale use case pilots in real-world scenarios. This marks Capital A's first foray into the regulated digital asset space.

Gold Financial Report, according to informed sources, bipartisan senators in the US Senate met with multiple Wall Street bank executives this week to discuss the Crypto Asset Market Structure Act. Senate Banking Committee Chairman Tim Scott stated that Congress is making "substantial progress" toward passing this comprehensive crypto market regulation bill, aiming to solidify the US's position as the "Global Crypto Capital." On that day, Scott discussed the bill's contents with US Bank CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf, including how to delineate between the SEC and CFTC.

BlockBeats News, December 11 – According to Cointelegraph, the Australian securities regulator has finalized a series of exemption measures to make it easier for businesses to distribute stablecoins and wrapped tokens. The Australian Securities and Investments Commission (ASIC) announced these new measures on Tuesday, aimed at promoting innovation and growth in the digital assets and payments sectors. ASIC stated that it is granting class exemptions to intermediaries engaged in certain secondary distribution activities of stablecoins and wrapped tokens. This means that businesses no longer need separate, often costly licenses to act as intermediaries in these markets, and they can now use "aggregated accounts" under proper record-keeping. The new exemptions further expand the previous broad exemption for stablecoins, removing the requirement for intermediaries to hold a separate Australian Financial Services license when providing services related to stablecoins or wrapped tokens.

After weeks of bipartisan negotiations, the legislation on cryptocurrency market structure in the U.S. Senate has yet to make substantial progress. Democrats submitted the latest counterproposal, accepting some Republican framework, but insisting on major reforms in financial stability, market integrity, national security enforcement, and digital asset conduct for public officials. These disagreements indicate that there is still no consensus within the Senate on the core regulatory framework of the bill. Key points of contention include digital asset information disclosure, secondary market protections, tools for illegal financial identification and suppression, compliance obligations for decentralized platforms, and restrictions on stablecoin yields. Democrats are also pushing for strict ethical standards to prevent elected officials from profiting through cryptocurrency projects, which is closely related to controversies involving investments by the Trump family. However, the White House has vetoed some ethical provisions and Democratic nomination requirements, further complicating negotiations.

The American Federation of Teachers (AFT) has formally submitted a petition to the U.S. Senate to withdraw the latest version of the Responsible Financial Innovation Act, citing the "serious risks" it could pose to the pension system, the wealth of working families and the economy as a whole. AFT represents 1.8 million members, and this voice is seen as one of the most direct voices against the impact of crypto legislation in the US public sector. AFT Chairman Randi Weingarten pointed out in the letter that the proposal does not establish the regulatory protections needed to deal with the risks of crypto assets and stablecoins, but may expose pension portfolios that are not currently involved in crypto assets at all to market volatility and regulatory loopholes. She emphasized that once pension and 401(k) plans gain exposure to tokenized assets with inadequate regulation, it could pose a threat to the long-term financial security of retirees.

U.S. Rep. Keith Self (R-Texas) introduced amendments to the National Defense Authorization Act (NDAA) on Tuesday, which aims to prohibit the Federal Reserve from testing, developing, or issuing central bank digital currencies (CBDCs). Whether the amendment can be submitted to a full vote will be decided by the House Rules Committee, which has become a focal point of recent U.S. crypto regulation and digital currency policy. Self said House Republican leaders had previously promised to include anti-CBDC provisions in the NDAA, but were ultimately completely missing from the 3,086-page text of the bill released on Sunday. "My amendment will amend the bill," he wrote on social media, criticizing the leadership for "failing on promises."

The U.S. Department of Justice has announced that a key figure in a social engineering scam involving $263 million worth of Bitcoin has pleaded guilty. Evan Tangeman, a 22-year-old California resident, admitted in district court to participating in money laundering in violation of the Racketeer Influenced and Corrupt Organizations Act (RICO), involving more than $3.5 million. He is the ninth defendant to plead guilty in the case. The scam operated from October 2023 to May 2025, carried out by gang members distributed across various U.S. states and overseas. The group included hackers, organizers, target identifiers, telephone salespeople, and thieves who stole hardware wallets. Together, they stole approximately 4,100 Bitcoins, which were worth about $263 million at the time and are currently valued at around $371 million. The hackers breached websites to obtain cryptocurrency-related databases, target identifiers singled out high-value victims, and telephone salespeople induced victims to cooperate over the phone, making the entire scam operation highly sophisticated.

According to Jinse Finance, Hasu, Lido's strategic advisor and Flashbots' strategy director, commented on Vitalik's call to establish an on-chain gas futures market on the X platform. He stated that the market lacks natural short sellers: a large number of users are inherently exposed to gas costs (short) and wish to hedge, but almost no one in the market is willing to take the long side on gas, so liquidity may be insufficient, making it difficult to form a meaningful market size. In response, Vitalik suggested that the protocol itself could act as the market's short seller, that is, by auctioning future base fees on-chain.

The European Union has fined social media platform X 120 million euros for violating the Digital Services Act, involving issues such as blue check verification, advertising transparency, and data access. X has been given 60 days to provide a solution and 90 days to implement the necessary changes.

JPMorgan's latest analysis points out that although the US stablecoin market is expanding rapidly under the impetus of the GENIUS Act, its grand goal of "boosting demand for US short-term Treasuries" may fall far short of policymakers' expectations. Since the act was passed in July, the total supply of stablecoins has increased by over $50 billion, surpassing $300 billion in scale, but it is still far from the White House's previous target of $2-4 trillion by 2028–2030. JPMorgan's Head of US Short-Term Rate Strategy, Teresa Ho, stated that while stablecoins have strong growth momentum, it is "unrealistic" to expect them to grow to several trillion dollars within a few years. The bank expects that in the next few years, the stablecoin market size may reach about $700 billion, mainly limited by current laws prohibiting the issuance of interest-bearing stablecoins—a restriction that weakens the core driver of demand growth.

ChainCatcher news: According to The Bitcoin Historian, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated in a live interview with Fox News that the Bitcoin Market Structure Act is about to be passed.

The UK Parliament has passed the "Property (Digital Assets, etc.) Act," officially recognizing cryptocurrencies and stablecoins as personal property, marking a significant breakthrough for the legal status of digital assets in the UK. This week, the Act received Royal Assent from King Charles, making it officially effective and granting digital assets the same legal protection as traditional property, removing them from the legal gray area. The move has been widely welcomed by the industry. The Bitcoin Policy UK organization called the Act a "major step forward," while the industry body CryptoUK stated that by codifying previous case law into statutory law, Parliament has provided a clear legal basis for the ownership of digital assets. Previously, while common law had sporadically recognized digital tokens as property, there was a lack of uniform standards.

Gate News Bot news, December 2nd, according to CoinMarketCap data, as of the time of writing, PIPPIN (pippin) is currently priced at $0.22, with a rise of 55.39% in the last 24 hours, reaching a high of $0.22 and a low of $0.04. The current market capitalization is approximately $216 million, an increase of $77.1 million compared to yesterday. Pippin is a project dedicated to creating gentle miracles and intangible connections, with the philosophy of nurturing beauty through kind words. The project includes a token, a unicorn character named Pippin, and a technological framework built based on BabyAGI experiences. Pippin emphasizes that every small act of kindness can resonate more harmoniously between two worlds. Important news about PIPPIN recently: 1️⃣ **Large holders cashing out for profit**

PANews, December 2 news, according to CoinDesk, Travis Hill, acting chairman of the Federal Deposit Insurance Corporation (FDIC), will state at a congressional hearing that the FDIC will release its first draft of the GENIUS Act implementation concerning the federal regulatory application process for stablecoin issuance within this month, and plans to propose subsequent regulatory requirements for capital and liquidity early next year. Hill also mentioned that the FDIC is developing regulatory guidelines for tokenization of deposits.

Sony Bank is accelerating the layout of its encryption payment system, planning to issue a stablecoin pegged to the US dollar as early as fiscal year 2026, aimed at serving Sony's vast global ecosystem of games, streaming, and anime. According to Nikkei News, this stablecoin will allow users to directly pay for subscriptions and digital content fees on PlayStation and related platforms without relying on credit cards, further dropping Sony's payment costs on credit card networks. In order to successfully launch the product into the US market, Sony Bank applied for a US banking license in October this year and plans to establish a US branch to be responsible for issuance and compliance matters, while collaborating with the US stablecoin infrastructure company Bastion. Over 30% of Sony's revenue comes from the US, making US consumers a key group for the early promotion of stablecoins. This plan also benefits from the recently passed GENIUS Act.

Hester Peirce, a commissioner of the U.S. SEC, stated in a podcast that self-custody of encryption assets and financial privacy are fundamental human rights, emphasizing that people should have the right to manage their own assets. She criticized the practice of forced custody by third parties and mentioned the latency in the review of the CLARITY Act and its impact on self-custody. At the same time, some investors are turning to ETFs for tax and management convenience, which poses a challenge to the idea of "Wallet is Sovereignty."

The Suwon District Prosecutor's Office in South Korea announced on Thursday that two senior police officers and five civilians have been charged with involvement in a Money Laundering network related to Crypto Assets, which involves the conversion of proceeds from voice phishing scams. The indictment was submitted without detention and includes charges of violating the Act on the Aggravated Punishment of Specific Crimes and the Act on the Control of Concealment of Criminal Proceeds. The senior police officers who were indicted include the former police chief (Code A) and a former national police department official (Code B). The prosecution stated that the two received money and luxury goods from a manager of a crypto assets company in exchange for sensitive investigation information and business conveniences. The other five defendants include crypto assets company operator C and CEO D, who are charged with bribery and digital asset money laundering.

The Australian government proposed the "2025 Companies Act Amendment (Digital Asset Framework) Bill" on Wednesday, aimed at implementing comprehensive regulation for crypto asset exchanges and custody platforms. Treasurer Jim Chalmers and Financial Services Minister Daniel Mulino stated that the bill is expected to release about AU$24 billion in productivity rise each year, while imposing fines of millions of AU$ on companies that fail to adequately protect customer assets. The bill introduces two new financial products in the Companies Act: digital asset platforms and tokenized custody platforms. Digital asset platforms must hold customers' crypto assets and provide trading functions (transfers, buying and selling, staking, etc.); tokenized custody platforms handle real-world assets such as bonds, real estate, and commodities, and operators must hold the underlying assets and issue convertible tokens. All platforms must hold an Australian Financial Services License and comply with ASIC's custody and settlement standards to ensure asset security and trading compliance. Low-risk small operators may be exempted from full licensing requirements.

Odaily News Anchorage Digital announced a rewards program for holders of USDtb and USDe, with rewards distributed by an independent entity, Anchorage Digital Neo Ltd., to maintain compliance under the framework of the GENIUS Act, which prohibits interest payments on stablecoins; this structure is designed to allow institutions to operate within Anchorage.

The European Central Bank report indicates that stablecoins may pose risks to financial stability, especially when investors lose confidence in their redemption capabilities. Tether and Circle, as the largest holders of U.S. Treasury bonds, may trigger a bank run that could lead to the dumping of reserve assets, impacting the $25 trillion U.S. Treasury bond market. Despite pressure on the banking industry, the U.S. continues to support the stablecoin industry, with related regulations like the GENIUS Act aimed at reducing risks.

Gate News Bot news, on November 20, according to CoinMarketCap, as of the time of writing, NEAR (NEAR Protocol) is currently priced at $2.37, rising 8.18% in the last 24 hours, with a high of $2.61 and a low of $2.15. The 24-hour volume reached $476 million. The current market capitalization is approximately $3.041 billion, an increase of $230 million compared to yesterday. NEAR is a high-speed modular protocol designed for AI, aimed at enabling AI to act on behalf of users. On NEAR, AI interacts with users as a front end and executes intents, while the blockchain processes identity, trust, and data as a back end. NEAR's dynamic sharding system provides performance at a global scale, achieving final confirmation in 600 milliseconds, specifically designed for low latency, parallel execution, and supporting thousands of concurrent agents.

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, ACT (Acet) is currently priced at $0.02, with a rise of 1.47% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $28.6 million, an increase of $413,000 compared to yesterday. ACT (Acet) is a brand new cryptocurrency that starts with an initial supply of 0 and is generated through smart contracts by those who wish to hold them. All holders should provide valuable assets at the time of contract creation to ensure that each created ACT (Acet) always has value. Holders of ACT (Acet) are those who oppose the old world financial system. They aspire to collaboratively create valuable assets for a decentralized new world financial system. It must be transparent, accurate, and verifiable. The

PANews, November 19 - According to reports from Wu Shuo, the Ethereum DAT project led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng has been suspended, and approximately $200 million in funds that had been raised have been returned. The plan was originally intended to use a Nasdaq shell company structure to initially purchase about $1 billion in ETH, with funding including approximately $200 million from Avenir and about $500 million from Asian institutions. Industry insiders say the suspension may be related to the bear market following the "1011 incident" and the decline in stock prices of several DAT companies. Whether to restart is still uncertain, and related parties have stated that they will prioritize investor interests and continue to observe the market to act accordingly.

PANews, November 19 news, according to the announcement from the U.S. Department of Justice, California man Kunal Mehta admitted to participating in a Crypto Assets fraud ring and pleaded guilty to violating the RICO Act, assisting in Money Laundering of at least $25 million. The group used social engineering techniques to steal $263 million (now estimated at $385 million) worth of crypto assets across the U.S., spending it on luxury expenses such as sports cars, nightclubs, watches, bags, and private jets. Mehta utilized shell companies to purchase and hold LAMB, Rolls Royce, and other luxury cars for the gang to conceal the true identification of his underage accomplices.

Golden Finance reports that Grayscale announced its IPO listing details on the X platform. It is reported that the company's Class A common stock will be listed on the New York Stock Exchange under the ticker symbol "GRAY". Morgan Stanley, Bank of America Securities, Jefferies, and Cantor will act as the lead underwriters for the IPO issuance, with Wells Fargo Securities, Canaccord Genuity, Piper Sandler, Keefe, Bruyette & Woods, and Needham &.

PANews, November 13 news, according to Decrypt, on Wednesday, the Australian Federal Police warned that scammers are using Australia's national cybercrime reporting system ReportCyber to submit false reports using stolen personal information, and then impersonating Australian Federal Police officers to call victims and steal their digital assets. This eyewash is very deceptive, and criminals verify information in a reasonable manner and act quickly to create a sense of urgency. They illegally obtain email addresses, phone numbers, and other information, using the system's rules that allow third parties to report on their behalf to gain trust. Some victims received calls from "police," who informed them that they were involved in a digital asset data leak incident and received what appeared to be an official reference number. After seeing reports that matched those submitted by the scammers, they almost fell for it. Then, a second caller impersonated the platform and used the same number to induce a transfer, fortunately, the victim acted in time.

PANews November 12 News, according to reporter Eleanor Terrett, citing sources, said that John Boozman (Republican, Arkansas), Chairman of the U.S. Senate Agriculture Committee, stated in an interview with Bloomberg that his committee is planning to advance the markup of the Digital Asset Market Structure Act in early December. Boozman noted that due to the government shutdown, progress has been slightly delayed, but "the committee remains committed to completing the markup in early December."

Decentralized stablecoin protocol Lista DAO has expressed concern over the high borrowing rates for USDT and USD1 vaults at MEV Capital and Re7 Labs, urging both parties to act responsibly and communicate transparently. PancakeSwap also takes this matter seriously and is monitoring the situation.

According to ChainCatcher news and reported by Cointelegraph, the Canadian government has officially announced a regulatory plan for stablecoins in its 2025 federal budget, following the regulatory direction of the US GENIUS Act. According to the plan, stablecoin issuers must maintain sufficient reserves and establish a sound risk management system.