Weekend Cryptocurrency Update | December 2025 (Week 1)
Ethereum's Fusaka Upgrade: Ethereum's recent Fusaka upgrade significantly increased data throughput by 8x and reduced fees, enhancing user experience with near-instant confirmations and strengthening its competitive position in the market.
Regulatory Developments: Major banks are pushing for expanded oversight of DeFi, while global regulators are tightening controls, with notable actions from the SEC and Fed Governor regarding stablecoin standards and cryptocurrency taxation.
Market Movements: Bitcoin and Ethereum saw substantial inflows into digital asset ETPs, while Bitcoin's price fluctuated amid economic data releases, and a Florida court reinstated a lawsuit against Binance related to a past theft.
Sony's Web3 Initiative: Sony Bank plans to launch a USD-pegged stablecoin in 2026 for blockchain payments in PlayStation, alongside a new layer-2 blockchain, aiming to enhance user experience and drive mainstream crypto adoption in the entertainment sector.
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