A consortium of ten major European banks has established Qivalis, a Netherlands-registered entity, to issue a euro-pegged stablecoin targeting launch in the second half of 2026. The initiative seeks to strengthen the euro's presence in digital asset markets, where euro stablecoins currently hold $605.2 million in market capitalization compared to $315.6 billion for dollar-denominated stablecoins. Qivalis will operate under Markets in Crypto-Assets Regulation (MiCAR) compliance and be led by former Coinbase Germany CEO Jan-Oliver Sell.

The United Kingdom enacted the Property (Digital Assets etc.) Act 2025 on December 2, creating a new legal category for digital assets including cryptocurrencies and NFTs. The legislation establishes digital assets as the third type of personal property alongside traditional "things in possession" and "things in action." The Act provides courts with structured guidance for resolving crypto-related disputes and applies to England, Wales, and Northern Ireland.

AI startup Anthropic will invest $50 billion to build data center infrastructure across the United States, partnering with Fluidstack to launch initial facilities in Texas and New York City in 2026. The announcement comes amid growing debate over whether massive AI capital commitments reflect transformational growth or an overheated market. Industry observers note widening gaps between investment levels and revenue generation across the sector.

Binance achieved the lowest rate of illicit wallet interactions among leading centralized cryptocurrency exchanges in June 2025. Data shows only 0.007% of Binance's transactions involved illegal wallets—2.5 times below the industry average of 0.018%, according to Chainalysis. TRM Labs independently confirmed Binance's 0.016% illicit rate compared with 0.023% for competitors.

Elixir has permanently closed its deUSD stablecoin after Stream Finance, which controlled nearly 90% of deUSD's circulating supply, reported a $93 million loss. The stablecoin lost its dollar peg and fell to $0.09. Elixir processed approximately 80% of redemption requests at a 1:1 ratio and warned users not to purchase deUSD.

Federal Reserve Board member Stephen Miran said stablecoin market expansion may reshape global demand for dollar assets and influence U.S. monetary policy. Analysts project dollar-backed tokens could hit $3 trillion by the end of the decade, exceeding certain segments of the U.S. debt market. Miran noted that rising demand for these digital instruments strengthens the dollar's global position while complicating the Fed's liquidity management approach.

Coinbase Europe Limited has been fined €21.5 million by the Central Bank of Ireland for breaching anti-money laundering and counter-terrorist financing regulations between April 2021 and March 2025. The exchange failed to monitor over 30 million transactions worth more than €176 billion, representing approximately 31% of its total activity during a period of technical disruptions. Following a nearly three-year review, Coinbase filed 2,708 suspicious transaction reports with Irish authorities.

Thrust, a Solana-based token launchpad, launched at Miami's Blockchain Futurist Conference on November 5–6 with Iggy Azalea as strategic partner. The platform addresses transparency concerns in celebrity-backed memecoins. Azalea's MOTHER token is scheduled to migrate to Thrust by the end of 2025.

Sequans Communications sold 970 BTC worth approximately $100 million to repurchase convertible bonds, cutting total debt from $189 million to $94.5 million. The transaction marks the first Bitcoin liquidation by a Digital Asset Treasury firm since Sequans adopted its Bitcoin strategy in July 2025. The company retained 2,264 BTC valued at roughly $240 million as of November 4, 2025.