Hong Kong's Insurance Authority is assessing a proposal to permit insurers to hold cryptocurrencies and invest in infrastructure while applying a 100% capital charge. The review forms part of an overhaul of the risk‑based capital framework, with industry feedback under consideration and a public consultation expected. The high charge is intended to enable diversification while tightly containing risk.

On December 23, reports claimed U.S. Treasury Secretary Scott Bessent favored expanding the Federal Reserve's 2% inflation goal into a wider range. No official confirmation or primary-source statements have surfaced, and policymakers have not commented. With verification lacking, markets showed little reaction and key indicators were largely stable, limiting any immediate policy implications.

Amplify ETFs announced on Tuesday that it has rolled out two new crypto-focused exchange-traded funds, the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ). STBQ tracks the MarketVector Stablecoin Technology Index, while TKNQ follows the MarketVector Tokenization Technology Index, with each fund allocating 25% to 50% of its portfolio to qualifying crypto-related assets at rebalancing.

Bybit posted the highest 24‑hour spot volume among centralized exchanges on December 22, 2025, reporting more than $9.2 billion as activity clustered in the NIGHT/USDT market. The pair accounted for most of the platform's flows that day, lifting Bybit ahead of competitors as overall spot volumes nearly doubled during the period.

In 2025, crypto attackers stole $3.3 billion, CertiK reported, even as total incidents fell by 162. Supply chain compromises drove $1.45 billion in losses, with the largest case allegedly linked to Bybit. CoinMarketCap showed ETH at $2,942.71 on December 23, 2025.

The Bank of Russia has submitted a draft framework to the government that would create a complete legal regime for cryptocurrency usage by July 1, 2026, and introduce penalties for illegal crypto intermediaries by July 1, 2027. The plan differentiates between qualified and non-qualified investors, imposes annual purchase limits and mandatory testing, bans domestic crypto payments, and allows certain cross-border and foreign digital asset transactions under reporting requirements.

The Bank of Russia has submitted a draft policy to open crypto purchases to both qualified and non-qualified investors under strict limits. Retail buyers would be restricted to selected liquid assets, face a 300,000 ruble annual cap and must pass a knowledge test, while higher-tier investors would gain broader access excluding privacy coins.

Crypto.com is recruiting quantitative traders to staff an internal market‑making desk that will trade sports‑linked prediction contracts directly against customers on its exchange. The role, described in a recent job posting, focuses on buying and selling event‑based financial contracts to boost liquidity and “maximize profits while carefully managing risks.” The move has intensified debate over potential conflicts of interest, as rivals Kalshi and Polymarket face lawsuits and criticism over similar in‑house trading operations.