South Korea's Financial Services Commission expanded its cryptocurrency travel rule to cover all virtual asset transactions on November 28, 2025, eliminating the previous 1 million won ($680) minimum threshold. The policy now requires identity verification and information sharing for every crypto transfer, regardless of amount. Virtual asset service providers must collect and share originator and beneficiary details for all transactions.

Visa partnered with Aquanow on November 28, 2025, to bring USDC stablecoin settlement services to financial institutions across Central and Eastern Europe, the Middle East, and Africa. The collaboration enables banks in the region to access near-instant, year-round settlements through Visa's payment infrastructure and Aquanow's blockchain liquidity solutions. Visa's global stablecoin settlement activity currently runs at a $2.5 billion annualized rate.

Netherlands-based Blockrise has received Markets in Crypto-Assets registration from the Dutch Authority for the Financial Markets, authorizing Bitcoin custody and euro-denominated loans backed by Bitcoin for corporate clients across the European Union. The firm manages approximately €100 million in client Bitcoin. Loans start at €20,000 with an 8% interest rate.

Texas purchased $5 million in BlackRock's iShares Bitcoin Trust ETF on November 20, 2025, making it the first U.S. state to directly invest in Bitcoin, according to state records. The acquisition occurred when Bitcoin traded near $87,000. The state allocated $10 million total for cryptocurrency holdings within its $60 billion permanent school fund, with $5 million remaining for future investments.

Tokyo-listed Metaplanet withdrew $130 million from its $500 million Bitcoin-collateralized facility on November 25, 2025, to purchase additional BTC. The company now holds over 1,200 BTC valued above $105 million. Total borrowings reached $230 million following a prior $100 million draw in October.

Japan's Financial Services Agency will require licensed cryptocurrency exchanges to maintain dedicated liability reserves starting in 2026. The reserves will enable platforms to compensate users immediately following security breaches, fraud, or operational failures. Reserve amounts will be calculated based on trading volume and incident history.

Bitcoin advocates are calling for a boycott of JP Morgan after MSCI proposed excluding companies holding over 50% crypto from major indexes starting January 2026. MicroStrategy, with Bitcoin comprising over 90% of its balance sheet, faces potential forced selloffs totaling $2.8 billion, according to JP Morgan research. The move has reignited tensions between traditional finance and cryptocurrency proponents.

Bit Digital reported $30.5 million in revenue for the third quarter of 2025, a 33% increase from the prior year. The company expanded its Ethereum holdings fivefold to 153,547 ETH, valued at approximately $590.5 million as of October 31, 2025. Its AI cloud services unit, WhiteFiber, generated $18 million in revenue during the period.

Coinbase finalized the acquisition of Vector.fun, a Solana-native trading platform, on November 21, 2025. The deal integrates Vector's technology into Coinbase's decentralized exchange infrastructure while bringing the 13-member team onboard. Vector.fun specializes in low-cost perpetuals and spot trading on Solana, which recorded over $1 trillion in DEX volume in 2025.