Core Insights - Nano Labs Ltd has made significant progress in its strategic BNB reserve initiative, completing a new round of BNB acquisitions [1] - The company currently holds over 130,000 BNB, valued at approximately US$112 million, enhancing its long-term strategic reserve strategy [2] - The Board of Directors has approved a share repurchase program with a total value of up to US$25 million, which has now formally commenced [3] Company Overview - Nano Labs Ltd is a leading provider of Web 3.0 infrastructure and product solutions, focusing on high throughput computing (HTC) and high-performance computing (HPC) chips [4] - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [4] - Nano Labs has positioned itself in the crypto assets space, adopting BNB as its primary reserve asset and also holding mainstream cryptocurrencies like BTC [4]

Core Insights - Paul S. Atkins is reshaping the regulatory landscape for crypto assets at the SEC, moving away from the previous administration's approach [1][4] - The SEC under Atkins is focused on creating a clear regulatory framework for crypto markets, emphasizing the need for defined rules regarding issuance, custody, and trading [4][6] Group 1: Regulatory Changes - Atkins aims to develop a rational regulatory framework that discourages bad actors while providing clear guidelines for crypto asset markets [4] - The SEC has begun to drop investigations and lawsuits against crypto companies, a trend initiated by his predecessor, Mark Uyeda [4] - The SEC is publishing staff statements on various aspects of the crypto sector, which, while not binding, signal a new approach to engagement with the industry [4] Group 2: Future Initiatives - Atkins has requested the Commission staff to create clearer guidelines to help determine if a crypto asset qualifies as a security [5] - The staff has also been tasked with proposing disclosures, exemptions, and safe harbors for initial coin offerings, airdrops, and network rewards [6] - Atkins intends to engage with firms looking to distribute tokenized securities in the U.S. to prevent them from relocating offshore [6]

MiCAR authorization enables Nuvei to deliver regulated crypto-asset services and passport them across the European Union MONTREAL, Dec. 17, 2025 /PRNewswire/ -- Nuvei today announced that it has received a Crypto-Asset Service Provider (CASP) license under the European Union's Markets in Crypto-Assets Regulation (MiCAR), positioning the company among the first to operate under the EU's new, harmonized regulatory framework for crypto assets. The MiCAR license enables Nuvei to provide regulated crypto-asset ...

RT vibhu (@vibhu)Today, there's a race to enable stablecoins + other crypto assets inside of every financial app -- this is the obvious low hanging fruitWhat's coming in 2026 and beyond is a race to replace internet-native monetization - like ads, paywalls, and subscriptions - with markets-driven productsYou will see tradable markets in the NYT, in Google searches, on X & Instagram, and inside ChatGPTCrypto will be monetization 2.0, fixing Marc Andreessen's "original sin of the internet" - a $1.5 trillion r ...

South Africa’s central bank has cooled expectations for a retail central bank digital currency, saying the country does not face an urgent need to launch one and should focus instead on upgrading the existing payments system. Key Takeaways: South Africa’s central bank says a retail CBDC is not needed now and is prioritizing payments system upgrades instead. The SARB will focus on wholesale digital currency uses and improving cross-border payments. Officials also warned that crypto and stablecoins pos ...

Core Insights - The stock market is experiencing a sharp correction, which is also impacting crypto assets, particularly Bitcoin, which remains below $100k [1] Group 1: Market Trends - The recent decline in the stock market has led to a correlated downturn in cryptocurrency values, indicating a broader market sentiment affecting both sectors [1] Group 2: Industry Expertise - Gary Alexander, with extensive experience in technology and startups, provides insights into the themes shaping the industry, contributing regularly to platforms like Seeking Alpha since 2017 [1]

Core Insights - The filing of the first-ever Shiba Inu ETF has led to a significant increase in the burn rate of Shiba Inu tokens, with nearly 8 million tokens incinerated, marking a 208% increase in burn activity within 24 hours [1][2][4] - This event has revitalized interest in Shiba Inu, positioning it alongside major cryptocurrencies like Bitcoin and Ethereum in SEC filings, and indicating a positive shift in market sentiment [3][4][5] Summary by Sections - **Burn Activity**: A total of 7,943,107 SHIB tokens have been permanently eliminated from circulation, reflecting a dramatic increase in the burn rate [2][1] - **ETF Filing Impact**: The submission of the first Shiba Inu ETF by a major U.S. investment firm managing over $1.7 trillion in assets has sparked renewed interest in the token, validating its potential [3][5] - **Market Sentiment**: Following a period of downturn, the increase in burn activity has coincided with a slight price resurgence of SHIB, which has climbed 2.49% over the last day, indicating rising demand and optimism within the SHIB ecosystem [4][6]

Core Viewpoint - Global banking regulators are considering revisions to capital requirements for banks handling crypto assets, particularly stablecoins, in response to evolving market conditions and pressures from major economies and industry groups [1][4]. Group 1: Current Regulatory Framework - The Basel Committee on Banking Supervision (BCBS) established stringent capital rules in 2022, requiring banks to hold capital equal to the entire value of unbacked crypto assets, imposing a 1,250% risk weight on assets like Bitcoin [2][6]. - These measures were intended to protect banks from potential losses but have discouraged institutions from offering crypto-related services [2][5]. Group 2: Shift in Market Dynamics - The rapid growth of stablecoins and changing perceptions of digital assets have sparked renewed discussions about the appropriateness of existing regulations [3][4]. - The U.S. is advocating for updates to the Basel standards, arguing that they are outdated and do not align with the current crypto market structure [4]. Group 3: Impact on Financial Institutions - Current Basel rules impose the same heavy capital charges on permissionless stablecoins as on highly volatile cryptocurrencies, limiting banks' ability to meet institutional demand for digital asset services [5][6]. - A report indicated that the high-risk classification has rendered it "economically unviable" for banks to hold crypto on their balance sheets, pushing trading activities towards unregulated platforms [6]. Group 4: Future Developments - The BCBS framework categorizes crypto assets into two groups: Group 1 includes tokenized traditional assets and stablecoins with reliable backing, while Group 2 encompasses all other crypto assets subject to punitive capital treatment [6]. - The global implementation of these standards has been postponed to January 2026 [7]. - Although the Basel Committee's guidelines are non-binding, they are typically adopted by its 45 member jurisdictions [8].

According to CNBC, Citibank plans to launch crypto asset custody services in 2026. The project has been in preparation for two to three years and is currently underway. Citi is exploring a dual-track approach involving both in-house technology and third-party solutions, aiming to directly custody native crypto assets. https://t.co/X09KtqNeI1 ...

According to PeckShieldAlert, the address 0x0cdC…E955 suffered a loss of approximately $21 million in crypto assets on Hyperliquid due to a private key leak. The hacker then transferred part of the stolen funds cross-chain to the Ethereum network, including 17.5 million DAI and 3.11 million SYRUPUSDP. https://t.co/IJF3ABv2iZ ...