KakaoBank has advanced its Korean won-pegged stablecoin project into active development, according to Newspim. The digital bank, part of South Korean tech conglomerate Kakao, is recruiting blockchain backend developers with expertise in smart contracts and token standards. The move follows similar initiatives by competitor Naver, which is reportedly pursuing a merger with Upbit, the country's largest cryptocurrency exchange.

Polymarket received an Amended Order of Designation from the U.S. Commodity Futures Trading Commission, authorizing the platform to operate as a federally regulated prediction market. The approval, granted Monday and announced Tuesday, enables U.S. traders to access the platform through futures commission merchants and brokerages for the first time since 2022. The authorization subjects Polymarket to comprehensive regulatory obligations including enhanced surveillance systems, market-supervision protocols, and Part 16 reporting requirements.

A House Judiciary Committee Democrats staff report released November 24, 2025, alleges President Trump generated over $800 million from cryptocurrency ventures during the first half of 2025. The report claims enforcement actions were dropped against at least nine companies that invested in Trump's crypto projects or contributed to his campaign. The investigation examined three major operations: World Liberty Financial, the $TRUMP memecoin, and Trump Media's bitcoin treasury.

Polymarket has received regulatory clearance from the Commodity Futures Trading Commission to operate a fully compliant intermediated trading platform in the United States. The approval requires the prediction market platform to meet federal exchange standards, including enhanced surveillance systems and regulatory reporting protocols.

UK fintech firm Valereum Plc has entered a $200 million investment partnership with Valereum QGP-SP. The asset-backed financing arrangement is projected to generate $10.5 million annually at a 5.25% coupon rate. Valereum plans to use the capital for digital asset treasury development and pursue a Nasdaq or NYSE listing in H1 2026.

Swedish fintech Klarna announced on November 25, 2025, the development of KlarnaUSD, a U.S. dollar-backed stablecoin set to launch in 2026 on Stripe and Paradigm's Tempo blockchain. Klarna becomes the first bank to adopt Stripe's blockchain settlement infrastructure through its Bridge product. The stablecoin will target commercial transactions and cross-border payments for Klarna's 114 million users globally.

Klarna has deployed KlarnaUSD, a USD-pegged stablecoin, on Tempo's testnet infrastructure. The buy now, pay later company positions the stablecoin as a tool to reduce international transaction costs, citing approximately $120 billion in annual global cross-border fees. A mainnet launch is scheduled for 2026.

Polymarket has obtained an Amended Order of Designation from the U.S. Commodity Futures Trading Commission, subjecting the prediction market platform to federal exchange regulations. The designation enables broker-intermediated access and introduces compliance infrastructure aligned with traditional U.S. financial systems. The platform will transition from direct on-chain trading to a broker-based model requiring intermediaries for market participation.