The Office of the Comptroller of the Currency has approved the charter applications of five national trust banks, including BitGo, allowing it to convert its South Dakota trust company into a national bank to provide digital asset custody and related services.

BlockBeats News, December 13 – The Office of the Comptroller of the Currency (OCC) has conditionally approved trust bank licenses for five institutions: Ripple, BitGo, DigitalAssets, Paxos, and Circle. "Conditional approval" is a preliminary recognition, indicating that the OCC has reviewed the application and considers the company to meet basic regulatory requirements (such as capital adequacy, risk management framework, and business plan), but it is not a final license. The company must meet specific conditions within a set timeframe to convert this into full operational status. Once all conditions are satisfied, the OCC will issue a final, unconditional national trust bank license, allowing the company to immediately exercise trust bank powers, mainly including: expanding core business operations, managing client assets as a trustee, handling payment settlements, custody of digital assets (such as stablecoin reserves), and providing related financial services.

The 171st Ethereum Consensus Layer core developer meeting discussed retaining trustless payments as part of the Glamsterdam upgrade and removing the mandatory inclusion list for fork choice. The Fusaka upgrade has been successfully launched, and the network is stable. The meeting also discussed multiple proposals and plans to schedule the Heka upgrade in January next year.

This article summarizes cryptocurrency news as of December 12, 2025, including the latest updates on Bitcoin, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. The US SEC allows DTCC to custody and recognize tokenized stocks and other RWA assets on the blockchain 2. Hex Trust will issue and custody wXRP to expand its DeFi applications across multiple blockchains 3. The Solana ecosystem's MEV-based liquidity staking reward protocol Toby will launch a token

Gate News Bot Message, December 12th, according to CoinMarketCap data, TAO (Bittensor) is currently priced at $302.14, up 6.44% in the past 24 hours. The highest price reached $314.54, and the lowest dropped to $270.71. The 24-hour trading volume is $132 million. The current market capitalization is approximately $3.166 billion, an increase of $192 million compared to yesterday. # Recent Important News about TAO: 1️⃣ **Grayscale Bittensor Trust GTAO Launches on the Secondary Market, Opening a New Entry Point for Institutional Investors** Grayscale's Bittensor Trust has begun trading on the OTCQX secondary market operated by OTC Markets Group, with the stock ticker GTAO

The Depository Trust & Clearing Corporation (DTCC) recently received a No-Action Letter from the U.S. Securities and Exchange Commission (SEC), allowing it to develop traditional asset tokenization services over the next three years. This development not only marks a critical step toward the blockchain integration of the U.S. financial markets but also brings significant positive news for Chainlink, as the two parties have maintained close cooperation since 2024. According to the announcement, the Depository Trust Company (DTC), a subsidiary of DTCC, will launch a controlled production environment in the second half of 2026, officially issuing tokenized securities on approved Layer 1 and Layer 2 blockchain networks. The initial batch of tokenized assets will include highly liquid targets such as Russell 1000 index constituents, major ETFs, and U.S. government bonds, including Treasury bills and long-term bonds. During the initial phase, this service will only be open to DTC participants and their clients for strict monitoring.

Hex Trust announces a partnership with LayerZero to launch Wrapped XRP (wXRP), becoming the first on the Solana network. This move marks a significant step forward for the XRP ecosystem in cross-chain DeFi, laying the foundation for cross-chain asset support, liquidity expansion, and a richer array of decentralized application scenarios. wXRP is a wrapped token supported 1:1 by the native XRP, with custody provided by regulated Hex Trust. Authorized merchants can mint and redeem wXRP within a compliant environment, maintaining a peg to the native XRP. In the initial launch phase, the total value locked (TVL) of wXRP will exceed $100 million, providing solid fundamental liquidity for DeFi trading and liquidity markets.

The Depository Trust Company (DTC) has received a no-objection letter from the U.S. Securities and Exchange Commission and plans to launch real-world asset tokenization services in the second half of 2026, covering highly liquid assets, with a three-year service period on the blockchain.

Hex Trust plans to issue a token wXRP pegged 1:1 to XRP, aiming to expand its usage in DeFi and cross-chain applications. This token can be traded with Ripple stablecoin RLUSD on public blockchains like Ethereum, providing liquidity to the market. The total locked value of wXRP will exceed $100 million, ensuring smooth transactions and stable prices.

PANews December 12 News, according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) granted permission in the form of a no-action letter to the Depository Trust & Clearing Corporation (DTCC), allowing the company to custody and recognize tokenized stocks and other real-world assets (RWA) on the blockchain. This move enables DTCC to provide three years of tokenization services on a pre-approved blockchain. SEC Commissioner Hester Peirce stated in a release, "Although the project is still in the pilot stage and subject to various operational restrictions, it marks a significant step forward in the market’s transition onto the chain." Michael Winnike, head of Global Strategy and Market Solutions for DTCC’s Clearing and Securities Services, said in an interview that after obtaining permission, DTCC will also extend its record-keeping work to the blockchain. DTCC, as the core clearinghouse of the US financial system

The Grayscale Bittensor Trust under Graylock is now listed on the OTCQX Level 2 market with the stock code GTAO, previously held privately. Additionally, Bittensor will undergo a halving on December 14, increasing the scarcity of TAO.

Gate News Bot message, December 11th, according to CoinMarketCap data, TRUTH (Swarm Network) is currently priced at $0.02, up 152.17% in the past 24 hours, with a high of $0.03 and a low of $0.01. The 24-hour trading volume reached $28.9 million. The current market cap is approximately $47.4 million, an increase of $2.86 million from yesterday. Swarm Network is a multi-agent collaboration and decentralized real verification platform dedicated to building a trust layer for the Web3 ecosystem through the Truth Protocol. The network combines decentralized AI agent groups, cryptographic technologies, and zero-knowledge proofs to provide real-time arbitrary data verification capabilities for dApps. Core features include: real-time data stream processing using a hybrid verification system, developed by

Golden Finance reported that Peter Mintzberg, CEO of digital asset management company Grayscale, posted on the X platform that since Grayscale Ethereum Trust (ETHE) and Ethereum Mini Trust (ETH) support staking rewards, about $11.8 million worth of ETH staking rewards have been generated for investors in less than 60 days, and they are also the two best-performing ETF products in the US ETF market so far.

Tidal Trust has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the industry's first "Bitcoin AfterDark ETF" (Bitcoin AfterDark ETF), which aims to capture Bitcoin's price fluctuations during non-trading hours in the United States. The product is designed to hold Bitcoin only at night, while switching to Treasury bonds and money market funds during the day to improve the overall return-risk ratio. According to the application documents, the overnight ETF will buy Bitcoin after the US stock market closes and sell quickly after the opening of the next day. Daytime assets are allocated to low-risk instruments such as U.S. Treasuries and cash. While the ETF may be full of Bitcoin overnight in terms of overnight nominal positions, its capital structure is more defensive during the day.

According to Gate News Bot on December 10, citing CoinMarketCap data, as of press time, NIL (Nillion) is trading at $0.08, up 18.53% in the past 24 hours, reaching a high of $0.09 and a low of $0.07, with a 24-hour trading volume of $32.5 million. The current market capitalization is approximately $22.5 million, an increase of about $3.52 million compared to yesterday. Nillion is a decentralized privacy computing network dedicated to providing secure and confidential solutions for handling sensitive data. The network processes data through a distributed trust mechanism, similar to the decentralized approach of blockchain for transactions. Nillion’s core application areas include: in the AI field, supporting secure and confidential execution of model training and inference; in DePIN

PANews, December 9—Decentralized AI model platform FLock.io announced that it is partnering with AI-native liquidity infrastructure project Deluthium and Aerodrome, the central liquidity hub on the Base blockchain, to jointly build the next-generation on-chain inclusive finance platform CARiFIN. This platform will accelerate deployment with the United Nations Development Programme (UNDP) and governments in the Latin America and Caribbean (LAC) region. The collaboration aims to address core bottlenecks such as lack of trust, insufficient liquidity, and compliance challenges in the current microinsurance market, providing timely and efficient insurance support to underserved populations in the region—especially women. To build this highly trusted backend system, all partners will leverage their core strengths and work together. The model trained by FLock.io will serve as the computational brain of this microinsurance platform.

Odaily Planet Daily News: According to the latest crypto weekly report released by Gate Ventures, macro indicators cooling off has led to uneven risk appetite, with the market overall remaining cautious. BTC and ETH are fluctuating within a narrow range, but ETF net outflows continue, and the Fear & Greed Index remains in the "extreme fear" zone. Meanwhile, the market saw an overall rebound of +3.9% on Monday, mainly driven by heightened institutional narratives, including Grayscale filing for a SUI Trust and the official launch of its Chainlink ETF. On the ecosystem front, Aave and CoW launched the first Intent-based flash loan product, further expanding programmable DeFi; Galaxy acquired Alluvial, accelerating institutional-grade liquid staking deployment; Grayscale launched

According to Gate News Bot on December 9, citing CoinMarketCap data, as of press time, RDNT (Radiant Capital) is trading at $0.01, up 23.57% in the past 24 hours, reaching a high of $0.01 and a low of $0.01, with a 24-hour trading volume of $92 million. The current market capitalization is about $17 million, an increase of $3.24 million compared to yesterday. Radiant Capital is a cross-chain decentralized lending protocol that provides users with a secure, user-friendly, and capital-efficient lending experience by aggregating fragmented liquidity across the Web3 ecosystem. Users can lock RDNT tokens to receive yield sharing and enhanced mining rewards, while also participating in fully decentralized community governance. The platform has earned the trust of over 155,000 holders.

Gate News Bot message, December 8th, according to CoinMarketCap data, as of press time, BLUAI (Bluwhale) is trading at $0.00921082, up 36.49% in 24 hours, with a 24-hour high of $0.00903017 and a low of $0.00628024. The 24-hour trading volume reached $13.4 million. The current market cap is approximately $11.3 million, an increase of $3.02 million compared to yesterday. # Recent important news about BLUAI: 1️⃣ **Security audit cooperation deepens ecosystem trust** Bluwhale has partnered with Beosin to accelerate the development of the BLUAI intelligent system through professional security audits. This move demonstrates the project's commitment to building a safe and reliable AI ecosystem and helps enhance investor confidence.

According to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has recently experienced significant outflows, setting a record for consecutive weeks of net outflows since its launch in January 2024, indicating that institutional demand for Bitcoin remains weak. Bloomberg data shows that in the five weeks ending November 28, investors withdrew more than $2.7 billion from the ETF, with another $113 million redeemed on Thursday, putting the fund on track for its sixth consecutive week of outflows. IBIT manages assets totaling over $71 billion and has long been an important tool for traditional investors to gain exposure to Bitcoin. The ongoing outflows are in line with the bearish trend that followed a major liquidation event in early October, when over $1 trillion was wiped from the crypto market’s capitalization. Although Bitcoin has recently rebounded in price, the persistent ETF outflows highlight a marked shift in market sentiment.

Georgia Representative Marjorie Taylor Greene reported this week that she increased her holdings in Bitcoin during the recent market downturn. As lawmakers diversify their portfolios through digital assets, this trend highlights the growing political influence of mainstream cryptocurrency investment strategies. A periodic transaction report filed on December 2 shows that Greene purchased up to $15,000 worth of BlackRock’s iShares Bitcoin Trust (IBIT) on November 21. At that time, the price of Bitcoin dropped to as low as $82,100, marking the lowest point since April. Since then, Bitcoin has rebounded and is currently trading at around $92,373.

ChainCatcher news, according to CoinDesk, options trading volume linked to BlackRock's Bitcoin ETF (IBIT) has surged, with a total of 7,714,246 IBIT options contracts open or outstanding as of Tuesday. According to data from optioncharts.io, among options linked to US-listed stocks, ETFs, and indexes, IBIT options rank ninth in open interest; when considering only stock options, IBIT options rank second in open interest. The report notes that IBIT options have already surpassed gold ETFs and major tech stocks, highlighting Bitcoin's growing appeal as a macro asset. Despite the decline in Bitcoin's price, trading activity for IBIT options is higher than that for options linked to the SPDR Gold Trust ETF, which has risen this year.

Odaily News Sony Group plans to issue a dollar-pegged stablecoin next year for American customers to use within its digital ecosystem to purchase content such as games and anime. This move comes after Sony's banking division, Sony Bank, applied for a national bank charter in the U.S. in October. The charter will allow its subsidiary Connectia Trust to engage in "certain specified activities involving encryption," including the issuance of a stablecoin pegged to the dollar, maintaining corresponding reserve assets, and providing custody and digital asset management services. Sony Bank has partnered with stablecoin company Bastion, which will provide the infrastructure for the Sony stablecoin. Sony Bank hopes that American customers will be able to use its stablecoin for payments.

According to a report by Golden Finance, Grayscale Chainlink Trust ETF (code: GLNK) has officially started trading, with a management fee of 0%. This is the first Chainlink (LINK) related exchange-traded product (ETP) in the United States, providing investors with exposure to LINK.

Odaily News CZ posted on platform X stating that Trust Wallet has launched a self-custody prediction market.

On December 1, Fed Chairman Jerome Powell deliberately avoided discussion of the current economic situation or monetary policy during a speech at the Hoover Institution at Stanford University. He reiterated the Central Bank's responsibility to maintain price stability and emphasized the importance of trust and economic humility. Powell's term will expire in May 2026, and the market is watching for Trump to possibly announce a new Fed chairman candidate this month. The timing of the speech is noteworthy: there are only 9 days left until the next Federal Open Market Committee (FOMC) meeting, and the market had hoped to gain signals on policy direction from the speech. However, Powell emphasized that he would not discuss the current economy or monetary policy, but rather commemorate the contributions of the late former Secretary of State George Shultz.

BlockBeats news, on December 2, the Japanese government launched its own version of the "Government Efficiency Department" (DOGE), setting a plan in its first meeting aimed at identifying and eliminating inefficient tax measures and subsidies. After the first DOGE meeting, Finance Minister Shunichi Suzuki told reporters on Tuesday: "By eliminating waste through the efforts of everyone, including the public, and directing funds to areas that truly need them, we will form a sharp contrast to previous administrations. This is crucial for maintaining trust in the nation, in our currency, and in the market." Shunichi Suzuki also mentioned that she believes there is no discrepancy between the government's and the Bank of Japan's assessments of the economy, after Bank of Japan Governor Kazuo Ueda expressed confidence in the economic outlook and hinted at possible interest rate hikes. Japan's Economic Growth Strategy Minister Minoru Kiuchi reiterated these comments verbatim, indicating that this response has been vetted by the Cabinet.

Golden Finance reported that, according to a document released on Monday, NYSE Arca, a subsidiary of the New York Stock Exchange Group, has approved the listing application for the Grayscale Chainlink Trust ETF, which will begin trading on Tuesday. In the past few weeks, the United States has launched several cryptocurrency ETFs, including ETFs that track Litecoin, HBAR, XRP, and SOL.

In November, Bitcoin spot ETF experienced the most severe monthly outflow of funds since the beginning of the year, with a total net outflow of $3.48 billion. According to SoSoValue data, from November 12 to 18, the ETF saw fund withdrawals for five consecutive weeks, with the largest single-day outflow occurring on November 20, reaching $903 million. At the end of the month, the market warmed up, with three consecutive days of net inflow, partly due to Nasdaq ISE submitting an application to quadruple the options trading capacity linked to BlackRock iShares Bitcoin Trust (IBIT).

Japan is preparing to reform its Crypto Assets tax rules by imposing a uniform 20% tax rate on trading profits, allowing digital assets to enjoy the same treatment as mainstream investments such as stocks and investment trusts. According to the Nikkei News, this marks a significant shift in Japan's approach to handling profits from Crypto Assets, which is expected to alleviate long-standing frustrations among investors. According to the plan, starting from 2026, the income from Crypto Assets trading will no longer be combined with wages or business income, but will be subject to a separate tax system: 15% will be paid to the central government, and 5% will be allocated to local governments. Currently, the gains from Crypto Assets are taxed at progressive rates, with a maximum of 55%, which can distort investor behavior. In contrast, stock and investment trust gains are uniformly taxed at 20%. Legislators supporting the reform believe that reducing the tax burden can invigorate market trading, encourage innovation in the blockchain and technology sectors, and promote digital assets as a standard investment category.

Gate News Bot news, on December 01, according to CoinMarketCap, as of the time of writing, VFY (zkVerify) is currently priced at 0.03 USD, with a rise of 17.32% in the last 24 hours, peaking at 0.04 USD and dropping to a low of 0.03 USD. The current market capitalization is approximately 10.7 million USD, an increase of 1.58 million USD compared to yesterday. zkVerify is a universal verification layer designed to provide ultra-fast and scalable cross-system verification solutions. The platform supports verification completion in under a second, with no delays or bottlenecks. zkVerify can be easily integrated into various ecosystems and proof schemes, minimizing complexity and infrastructure changes. It is also cost-effective, significantly reducing verification costs, regardless of scale. zkVerify's goal is to become the new standard of trust, enabling verification of any scale.

Odaily News The ETF Store President Nate Geraci posted on the X platform that the Chainlink Spot ETF is expected to launch this week. Grayscale will be able to convert or upgrade its Chainlink private sale trust to ETF form.

BlackRock's proprietary mutual fund - Strategic Income Opportunities Portfolio has recently increased its holdings in the iShares Bitcoin Trust (IBIT), indicating that institutional interest in Bitcoin continues to rise. According to the latest documents submitted to the U.S. Securities and Exchange Commission (SEC), as of September 30, the portfolio held 2,397,423 shares of IBIT, valued at approximately $155.8 million, an increase of 14% compared to 2,096,447 shares at the end of June.

According to ChainCatcher news and official documents, Grayscale Zcash Trust (ZEC) submitted an S-3 registration statement to the U.S. Securities and Exchange Commission (SEC) in 2025, with filing number 333-291800. The trust company is headquartered in Stamford, Connecticut, and primarily engages in commodity contract brokerage and trading (SIC code: 6221).

Odaily News JPMorgan has submitted a proposal to regulatory authorities for a leveraged structured note product linked to BlackRock's iShares Bitcoin Trust (IBIT) ETF. This product will allow investors to bet on the future price of Bitcoin. According to the prospectus, if the price of the IBIT ETF is equal to or higher than the preset price by December 21, 2026, JPMorgan will redeem the note early, paying at least $160 for each note (priced at $1,000). However, if the price is below the preset price at that time, the note will continue to be held until 2028. In this case (if obtained.

PANews reported on November 26, according to The Block, that a post from the Texas Blockchain Council indicated that the state has made its first funding allocation to the Texas Strategic Bitcoin Reserve, purchasing approximately $5 million worth of BlackRock's Bitcoin Spot ETF (IBIT) last week. This transaction is suspected to be the first use of authorized funds under the SB 21 bill signed by Greg Abbott in June. The bill established a state-level Bitcoin reserve operated by the Texas Treasury Safekeeping Trust Company. Lee Bratcher, chairman of the Texas Blockchain Council, revealed on Twitter that the purchase took place on November 20, marking both the first funding allocation to the reserve and the first instance of a state government in the U.S. purchasing Bitcoin. However, state officials have not yet released relevant documents or statements to confirm the transaction. According to the latest 13F filing submitted by the Texas Treasury Trust Company,

Stablecorp announced that the QCAD digital trust fund has been approved after review, becoming Canada's first compliant Canadian dollar stablecoin, marking the successful implementation of the regulatory framework.

Gate News Bot news, on November 25, according to CoinMarketCap data, NIL (Nillion) is currently priced at $0.11, with a rise of 17.25% in the last 24 hours, reaching a high of $0.23 and a low of $0.09. The current market capitalization is approximately $30.1 million, an increase of $4.43 million compared to yesterday. Nillion is a decentralized secure computing network designed to provide decentralized trust for sensitive data, similar to how blockchain decentralizes transactions. The project aims to become the decentralized and private data infrastructure for the largest industries of the future, supporting application scenarios such as personalized AI, decentralized trading, and authentication. Nillion's network consists of a processing layer, a coordination layer, and a connection layer, providing quantum-secure data processing and storage services through distributed nodes. NIL

According to a report by Jinse Finance, documents from the U.S. Securities and Exchange Commission (SEC) indicate that VanEck Digital Assets plans to launch the VanEck BNB ETF, which is a spot ETF designed to directly hold BNB tokens and track their price performance, after deducting trust operation fees. It is expected to be listed on Nasdaq under the code VBNB.

U.S. Senator Cynthia Lummis criticized JPMorgan's anti-crypto stance and called for an end to the "chokehold action 2.0." She believes that the bank's actions undermine public trust and hinder the development of digital assets, particularly expressing dissatisfaction with JPMorgan's closure of the Bitcoin company Strike's account.

Gate News bot message, Franklin Templeton has submitted a registration filing for a spot XRP trust with the U.S. Securities and Exchange Commission (SEC), expanding its presence in the digital asset investment space. The filing describes XRP as a "foundational digital asset for global financial inst

The cryptocurrency asset tax system originally scheduled to be implemented in South Korea in 2027 may face a fourth delay due to the inadequacy of its core system. Industry insiders are calling for a prompt clarification of the tax subjects and methods to maintain trust in the system. The number of users on domestic virtual asset exchanges has reached 10.77 million.