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.

In early December, Robinhood said it would acquire Indonesian brokerage PT Buana Capital Sekuritas and licensed crypto trader PT Pedagang Aset Kripto, with closing targeted for the first half of 2026. The deals give Robinhood an entry into a market with more than 19 million capital-market investors and around 17 million crypto traders, while linking local licenses to its existing Bitstamp license in Singapore. The company aims to route stocks and digital assets through one app for young, mobile-first users in emerging markets with clearer but strict regulatory regimes.

China’s Justice Network has issued a proposal to guide courts in handling criminal cases involving virtual currency, detailing standards for asset disposal and victim protection. The plan introduces third‑party auction assistants and dual technical standards for evidence and financial procedures, aiming to improve recovery and prevent seized assets from reentering markets.

On 14 December 2025, the Ethereum community outlined ERC-8092, a proposed standard for linking multiple wallets while preserving user privacy. The design would let individuals and institutions cryptographically prove relationships between accounts, including across different chains, without merging them into a single public identity or exposing unnecessary data.

On December 12, 2025, the Office of the Comptroller of the Currency conditionally approved trust bank charters for Ripple, BitGo, Fidelity Digital Assets, Paxos, and Circle. The firms may pursue fiduciary and digital asset custody activities, but must satisfy specified conditions, including a $11.7 million tier 1 capital requirement, before conversion to full operations and broader integration with traditional finance.

Hong Kong Legislative Council member Wu Jietzhuang has stated on X that he will support the development of Web3, emphasizing stablecoins and real-world asset tokenization under clear regulation. He highlights that Hong Kong’s stablecoin bill is progressing without unexpected changes and is broadly aligned with global regulatory practice, aiming to attract developers and strengthen the city’s role in digital finance. Coincu researchers expect that a regulated Web3 and RWA framework could help improve financial structures and risk management.

Miami promoter Rodney Burton, known as "Bitcoin Rodney", faces 11 federal counts in a superseding indictment tied to the alleged $1.8 billion HyperFund scheme. The case is in the District of Maryland, the purported conduct ran June 2020 to May 2024, and a trial is currently scheduled for March 2026.

0G Foundation says a breach led to the theft of 520,010 $0G, 9.93 ETH, and about $4,200 in USDT, totaling roughly $520,000. The group attributed the incident to a leaked private key on compromised Alibaba Cloud servers, with attackers abusing an emergency withdrawal and later routing funds via Tornado Cash. The exploit was linked to a Next.js vulnerability reported on December 5.