At a Tuesday policy summit, Rep. Max Miller said he expects a comprehensive U.S. crypto tax bill to advance before the August 2026 congressional recess, after circulating a draft among House Ways and Means Committee members. He and Rep. Steven Horsford are developing provisions to simplify reporting, consider small-transaction relief, and align new exchange reporting rules with forthcoming IRS requirements and international standards such as CARF. The IRS has increased warning letters to investors. Centralized exchanges are due to begin issuing 1099-DA forms on January 1, 2026.

On December 10, 2025, GE Vernova shares surged more than 11% to a record intraday high of $707.74 after the company raised its long-term revenue target to $52 billion and doubled its quarterly dividend to $0.50 per share. The company also expanded its share repurchase authorization to $10 billion and increased its 2025–2026 free cash flow guidance during its investor day.

The Payments Market Practice Group released a Hybrid Postal Address guide and a grace period to support banks migrating to ISO 20022. Smaller and mid-tier institutions report operational issues, with up to 10% of payments stalling in parts of the U.S. and emerging markets. Surveys indicate readiness gaps across EMEA, North America, and APAC.

On December 10, 2025 at 9:43 AM EST, GameStop Corp. fell 3.58% to $22.35 after reporting fiscal third-quarter revenue of $821 million compared with expectations of $987.3 million. Premarket, the stock slid 5.52% to $21.90 as net income improved to $77.1 million while net sales declined from $860.3 million, reflecting pressure from its digital pivot on hardware and accessories.

In a December report released on December 10, 2025, the IMF warned that fiat‑pegged stablecoins could undermine currencies in emerging markets and developing economies by enabling capital outflows, currency substitution, and bypassing capital flow management rules. Market commentators Noelle Acheson and Coinbase’s David Duong countered that the stablecoin sector is still too small to have a macroeconomic impact, noting that activity remains modest compared with foreign‑exchange and portfolio flows, according to the report.

By December 10 2025, money market pricing signalled European Central Bank rate hikes by the end of 2026, while Polymarket traders were still largely betting on no change in policy, according to market data. Swaps implied 13 basis points of tightening and German 5‑year yields rose to 2.49%, even as Polymarket showed around 84% odds that the ECB would not raise rates. ECB President Christine Lagarde has defended the current 2% level and pointed to a potentially more positive economic outlook that could support later rate increases.

On Wednesday, the compromised WeChat account of Binance co-CEO Yi He was used to promote a BNB Chain memecoin called Mubarakah. The attacker allegedly created two new wallets, spent 19,479 USDT to buy 21.16 million tokens, and made roughly $55,000 in profit after an 800% price spike and subsequent sell-off, according to onchain analyst Lookonchain. Yi He later said the account had been recovered and warned users to stay alert to scam attempts.

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.