On 15 Dec 2025, Pakistan's Ministry of Finance signed a non-binding memorandum of understanding with Binance Investments to explore tokenizing up to $2 billion in state assets. The plan focuses on issuing blockchain-based versions of sovereign bonds, treasury bills and commodity reserves to enhance liquidity and attract investors, with regulatory steps tied to FATF-aligned compliance.

React Server Components’ CVE-2025-55182, rated CVSS 10.0, is being actively exploited to drain crypto wallets across frameworks like Next.js. Attacks surged following the Dec. 3 disclosure; patches shipped in React 19.0.1, 19.1.2, and 19.2.1, with Next.js updates across 14.2.35–16.0.10. Sites should upgrade, deploy WAF rules, and review front-end code for malicious assets.

From 2027, the UK plans to bring crypto markets within a framework comparable to mainstream financial products under FCA oversight. The UK Treasury said legislation extending current financial services rules to crypto firms will be tabled in Parliament in the coming months. Ministers are also pursuing a proposal to outlaw political donations made in cryptocurrency.

The UK Treasury said it is drafting rules to bring crypto assets under FCA supervision beginning in 2027. Britain plans formal regulation from October 2027, with digital assets treated similarly to other financial products. The government also signaled a draft bill and cooperation with the US via a Transatlantic Taskforce.

YO Labs said it raised $10 million in a Series A round to scale its cross-chain yield protocol, YO Protocol. Foundation Capital led, with Coinbase Ventures, Scribble Ventures, and Launchpad Capital participating. The funds will extend support to more blockchains and strengthen risk-adjusted infrastructure for wallets, fintechs, and developers.

On December 14, 2025, The Daily Hodl reported that the Office of the Comptroller of the Currency conditionally approved national trust bank charters for five digital asset-focused firms. Two are new charters—First National Digital Currency Bank and Ripple National Trust Bank—and three are conversions for BitGo Bank & Trust, National Association; Fidelity Digital Assets, National Association; and Paxos Trust Company, National Association.

The SEC issued an investor bulletin on crypto asset custody, urging retail users to weigh security trade-offs and the consequences of private key loss. On December 13, 2025, the agency highlighted the guidance via its official account. In parallel, regulators advanced integration with banking, as the OCC conditionally approved five crypto firms for national trust bank status and the SEC cleared DTCC to tokenize select securities beginning in late 2026.

On December 14, 2025, Pakistan's finance ministry announced an MoU with Binance to advise on tokenizing up to $2 billion in state-owned assets. The non-binding pact envisions six months to finalize definitive agreements and is subject to regulatory approvals. Pakistan also granted No Objection Certificates to Binance and HTX to begin local licensing and AML registration.