The U.S. Commodity Futures Trading Commission named the initial members of its new CEO Innovation Council, bringing together leaders from major exchanges and crypto firms to advise on derivatives market structure and digital assets. The group, assembled in two weeks, will focus on tokenization, crypto collateral, 24/7 trading, perpetual contracts, prediction markets and blockchain-based infrastructure, Acting Chairman Caroline Pham said.

From 2020 to 2023, nine major U.S. banks, including JPMorgan Chase and Bank of America, restricted services to crypto businesses, the Office of the Comptroller of the Currency said. The agency’s findings may be referred to the Department of Justice. Bitcoin was $90,296.49 with 58.58% dominance, per CoinMarketCap data updated December 11, 2025.

U.S. federal prosecutors have charged 26-year-old Canadian citizen Nathan Gauvin with running an alleged $42 million fraud scheme linked to Gray Digital Capital Management and its Gray Fund products. According to an indictment in the Eastern District of New York, he is accused of using Discord to promote misleading crypto and traditional finance investments, diverting investor funds for personal expenses, and securing more than $800,000 in credit by misrepresenting his finances. Authorities say much of the money raised did not go into legitimate investment activity and was instead used to repay earlier investors and cover luxury spending. The SEC has filed parallel civil charges and the FBI has asked additional potential victims to come forward.

State Street and Galaxy Asset Management plan to launch the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) on Solana in early 2026, offering institutional investors an onchain liquidity product, according to the firms. The fund will support subscriptions and redemptions in PYUSD stablecoin, target Qualified Purchasers, and has secured a roughly $200 million seed commitment from Ondo Finance. The product is structured as a multi-chain solution, with Stellar and Ethereum integration to follow. It is designed to simplify institutional cash and real-world asset management on public blockchains.

In December 2025, the U.S. Commodity Futures Trading Commission unveiled the first roster for its CEO Innovation Council, bringing in executives from crypto firms and major exchanges to advise on changes in the derivatives market. The council, assembled over roughly two weeks, will focus on tokenization, 24/7 trading, perpetual contracts, prediction markets, and blockchain infrastructure. Its work is intended to align with broader federal efforts to develop more supportive digital asset policies, according to sources familiar with the matter.

Crypto exchange Gemini Space Station, Inc. has obtained CFTC authorization to run Gemini Titan as a Designated Contract Market, paving the way for a federally regulated prediction market platform. The venue will debut with binary event contracts before expanding into other CFTC-regulated crypto derivatives, including futures, options and perpetuals. The approval comes amid rapid growth in U.S. prediction markets and follows the return of Polymarket to the domestic market under federal oversight.

On December 10, 2025, Rep. Keith Self criticized House leaders over a National Defense Authorization Act deal that excluded his "Anti-CBDC Surveillance State" amendment and other anti-CBDC language. His proposal would have barred the Federal Reserve from issuing or testing a central bank digital currency or any Fed-backed digital asset and added protections for open, permissionless dollar systems. Several Republicans, including Marjorie Taylor Greene and Warren Davidson, warned that CBDCs could endanger financial freedom. The global crypto market fell by almost 2% in the past 24 hours, and Bitcoin traded around $93,682.

Crypto-based prediction markets are increasingly treated as real-time shadow polls, with prices reflecting capital-backed views on elections, technology milestones, and macroeconomic data. Traders and media teams track these odds because order flow can adjust within minutes to new information. This dynamic is especially visible on nights, weekends, and holidays when traditional polling and coverage slow.