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Klarna Teams Up With Privy to Study Consumer Crypto Wallets After KlarnaUSD Stablecoin Launch
On 11 December 2025, Klarna began a research collaboration with Privy to explore how a consumer-focused crypto wallet could fit into its long-term financial ecosystem. The Swedish fintech, valued at just over $12 billion, is examining wallet infrastructure and user experience after launching its KlarnaUSD stablecoin with Tempo and Bridge. At the same time, Klarna is expanding Apple Pay support, membership tiers and international retail and travel partnerships to broaden its payments footprint.
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Nexo to acquire CNV-registered Buenbit, adding over 1 million users; deal awaits regulatory approval
Nexo said it has agreed to acquire Argentina-based Buenbit to support a regulated expansion across Argentina, Peru, and Mexico, with the deal still subject to regulatory approval. Buenbit, which is registered with Argentina’s securities regulator (CNV), has processed more than $2 billion in volume and added over 40,000 active users in the final months of 2025, according to the company. Clients are expected to gain access to Nexo’s savings, credit, and trading products once the transaction closes.
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Tokenized Gold Tops $4 Billion as Emerging Markets Embrace On‑Chain Savings and FX Uses
Tokenized gold has exceeded $4 billion in market value, with products such as PAX Gold and Tether Gold increasingly used for savings and wealth protection in regions facing currency devaluation and limited banking access, according to CoinGecko data. New partnerships and platforms in Africa, Asia, and Sub‑Saharan markets are enabling fractional gold ownership, faster cross‑border transfers, and FX swaps. At the same time, regulatory uncertainty, custodial risk, and limited user education remain major obstacles to wider adoption.
PAXG
PAXG+3.09%
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Norges Bank halts digital krone CBDC plan after tests, citing strong payment system
On December 10, Norges Bank said it will not for now recommend launching a digital krone, arguing that Norway’s existing payment system already delivers secure, efficient and low‑cost transactions. After several years of trials on both retail and wholesale CBDC models, the bank concluded that the benefits remain uncertain and global standards are not yet ready. It left open the possibility of revisiting a CBDC if international developments or future payment needs change.
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Coinbase launches on-chain Solana trading and details Vector.fun deal at Breakpoint 2025
At the Breakpoint 2025 event in Abu Dhabi on December 11, Coinbase announced an on-chain feature that will let users trade any Solana token directly through a DEX-style interface without requiring a prior listing. The company is also integrating a new Solana-focused user interface and plans to open early access next week. Coinbase’s recent acquisition of Solana-native platform Vector.fun is intended to expand asset coverage and deepen its participation in the Solana ecosystem.
SOL
SOL+6.21%
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