On 10 December 2025, Bitcoin climbed back toward $94,000 in mid‑week trading after the U.S. Federal Reserve cut rates by 0.25%. The advance came after a volatile November and early December. Derivatives data showed over $63 million in liquidations, and technical indicators including RSI and MACD pointed to improving momentum. Bitcoin's market capitalization hovered near $1.87 trillion, backed by 24‑hour trading volume above $63 billion.

According to the article, France’s AMF has updated its complex-instruments framework to allow crypto-indexed ETNs for retail buyers without the previous heavy warning labels. More than €2.5 billion has flowed into European crypto notes this year, and CoinShares has attracted over $1 billion. Nordea plans to list a Bitcoin ETN in December.

On 10 December 2025, JPMorgan said Bitcoin’s pullback from record levels, including last month’s drop to around $81,000, is a cooling of an overheated rally rather than the start of a new crypto winter. The bank cited a market capitalization decline of more than 20% alongside 17 consecutive months of increasing stablecoin settlement volumes as evidence that underlying activity remains resilient. Standard Chartered’s Jeffrey Kendrick also argued this cycle differs from past boom-and-bust episodes because of deeper institutional, structural, and technological development. Bitcoin is trading near $93,000, with technical indicators showing early signs of price stabilization.

New SEC Chair Paul Atkins outlined a sweeping shift in the agency’s approach to digital assets, announcing a new classification framework and an “innovation exemption” safe harbor that could launch as early as January 2025. The reforms mark a clear break from years of enforcement-heavy oversight and will unfold alongside a still-pending crypto bill in Congress that will redefine SEC–CFTC jurisdiction.

Circle obtained authorization from Abu Dhabi Global Market to run USDC-related money services on 9 December 2025. The company appointed former Visa executive Saeeda Jaffar to lead growth across the Middle East and Africa. Abu Dhabi continues licensing firms including Tether, Ripple, Binance and Bybit.

On 9 December 2025, 21Shares lowered the planned fee on its spot XRP ETF to 0.30% as it readies listing on CBOE's BZX platform under the ticker TOXR. The product has received technical approval for listing but has not yet begun trading. Spot XRP ETFs are approaching $1 billion in assets amid active fee competition among issuers.

On 8 December 2025, Abu Dhabi Global Market expanded USDT's classification under its regulated framework, designating it as an Accepted Fiat-Referenced Token. The revision adds nine further networks to its scope, building on existing permissions for Ethereum, Solana and Avalanche. Regulated firms in the financial free zone can deploy USDT in supervised use cases such as settlement and asset servicing, according to ADGM.

Bitcoin traded back above $91,000 as the week began, with markets awaiting the Federal Reserve’s final rate decision of the year. An analyst flagged $84,000–$94,000 as a pivotal band and warned that longer-term averages still allow for a pullback toward about $50,100 if confidence fades.

On 8 December 2025, Philippine digital bank GoTyme began allowing retail customers to buy cryptocurrencies directly in its app through a partnership with U.S. fintech Alpaca. The service automatically converts Philippine pesos to U.S. dollars and supports Bitcoin, Ether, Solana, Polkadot and other listed assets, targeting easier crypto access for more than 6.5 million account holders.