On December 5, 2025, SpaceX moved 1,083 BTC worth about $99.8 million into two newly created wallets, according to on-chain data from Arkham Intelligence attributing the activity to the company. The firm was also linked to a separate 1,163 BTC transfer. Analysts viewed the December move and an earlier 1,083 BTC transaction in late November 2025 as ongoing treasury management rather than immediate selling. Bitcoin traded around $92,744.79 with a $1.85 trillion market cap and 24-hour volume of $65.14 billion as markets watched the large wallet shifts.

In testimony in November 2025, Acting Comptroller Jonathan V. Gould said cryptocurrency firms applying for federal bank charters should be treated the same as traditional banks. He added the OCC received 14 digital-asset-related charter applications in 2025, signaling rising demand for federally chartered crypto banking.

Cybersecurity firm Hudson Rock identified an infected device linked to suspected North Korean state-sponsored hackers in the $1.4 billion Bybit cryptocurrency theft in February 2025. The device was central to establishing infrastructure that supported the theft, with domains registered before the attack and used in phishing operations. The incident underscores sophisticated cyber threats targeting digital financial platforms and raises concerns about vulnerabilities in centralized exchanges.

The cryptocurrency sector recorded mergers and acquisitions exceeding $12.9 billion in 2025, with U.S.-based deals alone surpassing $8.60 billion by November 20, according to PitchBook data. Major transactions included Coinbase's $2.9 billion acquisition of Deribit and Ripple's $1.25 billion purchase of Hidden Road. The surge reflects growing institutional confidence driven by reduced interest rates and clearer regulatory frameworks in the United States.

The United Kingdom officially recognized cryptocurrencies and digital assets as personal property on December 2, 2025, when King Charles granted royal assent to the Property (Digital Assets, etc.) Bill. This legislative milestone establishes a distinct legal framework for digital holdings, enhancing ownership rights and investor protections across the UK market.

Huione Pay, a payment subsidiary of Huione Group, suspended all withdrawal operations in Cambodia on December 1, 2025. The halt follows liquidity challenges and intensified regulatory scrutiny from U.S. authorities targeting alleged money laundering activities, according to a FinCEN representative. Tether's USDT trades at $1.00 with a market cap of $184.74 billion.

Chicago-based exchange Bitnomial has secured regulatory approval from the Commodity Futures Trading Commission to launch spot cryptocurrency trading. The platform becomes the first U.S. derivatives exchange authorized to offer regulated spot crypto products, with services including retail leveraged trading capabilities. CFTC Acting Chair Caroline Pham indicated new products are expected to commence trading before year-end, with the platform's full launch scheduled for November 2025.

Yearn Finance's yETH staking token was exploited on December 1, resulting in approximately $3 million in ETH losses. The attacker minted tokens without authorization and transferred 1,000 ETH to Tornado Cash. Yearn confirmed its V2 and V3 Vaults remain secure and unaffected by the breach.

HM Revenue and Customs has directed cryptocurrency exchanges to collect detailed transaction records of UK customers starting January 2026, with submission to HMRC required by 2027. The mandate aligns the UK with jurisdictions adopting the OECD's Crypto-Asset Reporting Framework, including EU countries and Canada. Industry observers note platforms will face increased operational costs for system upgrades and compliance infrastructure.